Fib levels and Crypto are a match made in heaven, with no fundamentals to guide crypto, technicals are the main driving force.
We can see that Wave 2 held on the 0.618 Fib in October, Wave 3 has so far rejected at the 2 Fib and now the price it has pulled back to the 1.618 Fib exactly, there will need to be a relief bounce shortly in order to pull back for the 3rd wave down to our Wave 4 target at the 0.38 Fib at $3111.
TommyJR
2024-03-17 00:15:59 +0000 UTCNalaikPanda
2024-03-15 16:59:28 +0000 UTCGareth Neary
2024-03-15 16:26:14 +0000 UTCNalaikPanda
2024-03-15 16:22:15 +0000 UTC