Ethereum w/ Fibonacci, measured moves, and supports
Based on measuring the move in 3 different spots from this large symmetrical triangle and using 3 major long term fibonacci retracements, i've developed an accurate representation of an idea that could happen when ETH continues down. Here are the key spots Im looking at:
1727: 0.618 retracement from covid low as well as most bullish asc. tri target.
1723: 0.618 retracement from 2018 Low).
1695: Falling wedge target.
1658: conservative asc. tri target.
1571: Most bearish asc. tri target.
1727: 0.618 retracement from covid low as well as most bullish asc. tri target.
1723: 0.618 retracement from 2018 Low).
1695: Falling wedge target.
1658: conservative asc. tri target.
1571: Most bearish asc. tri target.
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