ETHUSD
An interesting perspective on ethers future moves, calculated with fibonacci extension, retracements and trend-based time extensions, along with EW.
We are in Wave 2 of the cycle timeframe, and according to EW principles on symmetry, a correction that is not deep (and symmetrical with price) will likely be symmetrical in time.
We can see the trend-based fibonacci time extension coincides with our 61.8 days market cycle indicator.
I think we will see sideways movement for a while, before commencing wave 5 of the cycle.
As for the forecast of price movements on this, this is an educated projection only, based on the golden ratio. I expect the price to follow this roughly, but not exactly.
Time will tell
We are in Wave 2 of the cycle timeframe, and according to EW principles on symmetry, a correction that is not deep (and symmetrical with price) will likely be symmetrical in time.
We can see the trend-based fibonacci time extension coincides with our 61.8 days market cycle indicator.
I think we will see sideways movement for a while, before commencing wave 5 of the cycle.
As for the forecast of price movements on this, this is an educated projection only, based on the golden ratio. I expect the price to follow this roughly, but not exactly.
Time will tell
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.