Mainly experimental 👽 Using 20/07 swing low and daily PA prior to that date, start determining the circles levels (roughly 9 11 18 24 28 32 34 38 50 54 56 59 61, totally eyeballed that) The goal is to see if this circles are still relevant on the other half ! Let's wait couple of years and see how it evolves.
A guide for Fib circles 1 - Draw the trendline 2 - look for areas of confluence around the circle at levels for example 0.618, 1.618, 2.618, 3.618 ... 3 - Make an assessment This is the 4Hour chart for Ethereum and isn't as reliable as using a higher timeframe, say drawing the trendlines through the entire bear market on the weekly for Ethereum would be more...
Fib Circles are useful to see support and resistance levels that are not horizontal. Please like the tutorial if it has helped you and follow us for more educational videos!
13 APR 20 Bitcoin Clock is now reporting the Bitcoin Block Halving will take place on May 11, 2020. The note on today’s chart helps me remember how long I have been aiming for the target of $3,113.05 (or lower) per Bitcoin. Since September 3,2019 the original target date has been before the beginning of June 2020. So now that 2020BS (Black Swan) is well...