I was a bit bored today so i did something i normally wont do, i used the line chart this time, and i was looking for a potential bottom using the fib top (0) and checking where a possible bottom (1) will be. So i noticed some kinda pattern that was used in the 2014 bear correction. I marked them with the circles.
This was the best i could make of it. :)
NOTE : This is not a call (for the bottom) this is just for infotainment and fun and maybe some educational purpose.
Lets see if it plays out or not,
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Good afternoom peoples !
For now it still looks the same, current prices (resistance) at the 0.382 fib levels. If fractel will be legit, we can see a correction towards $9400 levels (0.618fib)
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$9200 - $9400 did act as support here ! I have mixed feelings about this push up...
Uploaded a bear scenario yesterday you can see it here :