GMT skyrocking to 1.25$ 🚀🚀🚀 hello guys, it been a time since i posted last time
i was keeping things up (learning & working)
this going to be in III parts:
part I : explaining the chart
part II : my analysis of the past movements
part III : my analysis for the upcomming movment
part I : explaining the chart
-trend lines are in yellow
-fibs retracement green & red
green if the next movment are bullish
red if the next movment are bearish
so if you want to check the fib lines of of a trend dont see the the fib on it, check the one before it (i know you got what i mean lol)
- fib zones blue & red
blue for the top
red for the bottom
part II : my analysis of the past movements
i sliced the chart into 3 cycles
every cycle 1 down trend + 1 up trend
(the pump that happend in the first minutes of the add is not in my calculation)
first cycle (4 days):
-start with a down trend from 0.17$ at 9 mars to 0.099$ at 11 mars
-then an up trend from 0.099$ at 11 mars to 0.45$ at 13 mars
the up trend did an extension to fib 2.618
second cycle (4 days):
-start with a down trend from 0.45$ at 13 mars to 0.27$ at 15 mars
the down trend did an retracement to fib 0.5
-then an up trend from 0.27$ at 15 mars to 0.85$ at 17 mars
the up trend did an extension to fib 2.618
third cycle (5 days till now): here where it get intresting
-start with a down trend from 0.85$ at 17 mars to 0.55$ at 20 mars
the down trend did an retracement to fib 0.5
but it took one day more the the passet down trend
part III : my analysis for the upcomming movment
-well as i see fib time zones has failled us
we miss the bottom by 1 day and we allready missed the top
-if the top going to be missed elso by 1 day
-and we expect an extension to fib 2.618
- the goal will be 1.25$ in 24 hours
