If I Draw the fib extension all the way from March 2018 low to the November 2020 to double top.
We see the possible correction from profit taking all the way to some tops circled at 0.382 Fib @ $13,500 ish
Also you can see the long term support / resistance box fits nicely between the Fibs.
Either way I'm very bullish unless it drop below the 0.618 Fib.
We see the possible correction from profit taking all the way to some tops circled at 0.382 Fib @ $13,500 ish
Also you can see the long term support / resistance box fits nicely between the Fibs.
Either way I'm very bullish unless it drop below the 0.618 Fib.
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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.