Using the Volume tool, I used highest volume per sequence (its a red line on the tool - I changed it to purple, as there is a long of buy in there) as a baseline, and drew a Fib and extended to price action, per fractals (I likely spelled this word on the card as spell check caught it here).
The ovals are drawn as close to scale as I could project.
I'm hoping for a reset: a rest for BTC so it does not parabola and go into remission for 3 years (again...ugh) and as a chance to buy a bit more, now that this recent exercise portends a great future.
The ovals are drawn as close to scale as I could project.
I'm hoping for a reset: a rest for BTC so it does not parabola and go into remission for 3 years (again...ugh) and as a chance to buy a bit more, now that this recent exercise portends a great future.
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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.