Re-accumulation zoomed-in (ETH)
This is a part of my previous idea https://www.tradingview.com/chart/BLX/nQ1OPKeZ-Re-accumulation-fractal-in-Bitcoin/
If we look to ETH, we saw a ca 50% correction and a textbook falling wedge just like previous re-accumulation before the dec 2017 pump. The falling wedge ends perfectly in our heaviest support. A target when we breakout of the wedge is the next 61.8, from there we could print another wedge while we re-accumulate for the bullish continuation to the golden ratio that lays near 650USD. Like explained in the previous idea, each cycle takes longer and is less steep so this re-accumulation could take a long time.
If we look to ETH, we saw a ca 50% correction and a textbook falling wedge just like previous re-accumulation before the dec 2017 pump. The falling wedge ends perfectly in our heaviest support. A target when we breakout of the wedge is the next 61.8, from there we could print another wedge while we re-accumulate for the bullish continuation to the golden ratio that lays near 650USD. Like explained in the previous idea, each cycle takes longer and is less steep so this re-accumulation could take a long time.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.