ETH is dancing with the Most Important Golden Fib of its Life

Plotted here is a single fib series, shown in different timeframes.
"Genesis Fib" refers to the Fibonacci series relevant since birth.
Every major turn has been defined by these Golden extensions.

This fib series helped call the top, as well as "Secondary Top" (click).
Used with local fibs, we derived a Price Roadmap long before retrace.
Last call was Relevance of $2933 to break downtrend, perfectly defined.

The Golden fibs are .618 multiples and thus of highest "Gravity".
Thus we are quite likely to "Orbit" this level for a few revolutions.
Eventually it will be "flung" from its orbit, up or down the question.

I will post updates as price action gives clues about next direction.
Use the "Make it Mine" under SHARING, to make your own copy of this.
If unable to save Multi-pane charts, here is a Single-pane version of this.

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ความคิดเห็น:

Here we are again.

Retesting that key Golden fib

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Zoom IN (1 min) for a closer look at action just now

Not quite a "Ping" (exact ricochet) but close.
Might have been "close enough", lets see

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