A case for Fibonacci Fractal patterns on $ETH/$BTC
I noticed some patterns in the daily ETH/
BTC chart that seem to be replicating themselves.
Using the values derived from dividing the larger fractals with the smaller ones I noticed that they were close to Fibonacci numbers: 2 and 1.618.
If we assume this pattern to continue, the next number in line is 1.272.
If this holds, we can say with some accuracy that ETH/BTC will begin it's next pump on or close to the 18th of July.
BTC chart that seem to be replicating themselves.Using the values derived from dividing the larger fractals with the smaller ones I noticed that they were close to Fibonacci numbers: 2 and 1.618.
If we assume this pattern to continue, the next number in line is 1.272.
If this holds, we can say with some accuracy that ETH/
BTC will begin it's next pump on or close to the 18th of July.
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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.