BTCUSDT
Breathtaking Bitcoin Moments , Master of Crypto.
Bitcoin has always been important and the impact of bitcoin movement is evident on all cryptocurrencies, so the movement of bitcoin should be closely monitored.
To what extent can the symmetry and repetition of the same number of candles in the upward trend and the downward trend be used to determine the next movement of the market?
Note: It can be seen in the chart that the percentage of movement in ascending waves was similar to the number of candlesticks.
In the upward trend with the passing of every 153 candles, the percentage of price movement was "61.8 Fibonacci projection".
Will the next upside move at 153 candles be the "61.8% Fibonacci Projection"?
It should be noted that in the downward trend, the depth of correction has deepened in each period, will the next correction be at "61.8 Fibonacci Retracement"?
Bitcoin has always been important and the impact of bitcoin movement is evident on all cryptocurrencies, so the movement of bitcoin should be closely monitored.
To what extent can the symmetry and repetition of the same number of candles in the upward trend and the downward trend be used to determine the next movement of the market?
Note: It can be seen in the chart that the percentage of movement in ascending waves was similar to the number of candlesticks.
In the upward trend with the passing of every 153 candles, the percentage of price movement was "61.8 Fibonacci projection".
Will the next upside move at 153 candles be the "61.8% Fibonacci Projection"?
It should be noted that in the downward trend, the depth of correction has deepened in each period, will the next correction be at "61.8 Fibonacci Retracement"?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.