long term trends ... look at the previous low, it went sideways until it touched the median trendline; it would be perfectly normal to do so again, which would be ~$4.800 ... after that we can see the real bull run, as that $13.880 peak was obviously all just FOMO ... all this volatility is not good for a currency !!
Kommentera
there's a play button on the chart, when you click that it will update the chart, so you can see how accurate it turns out to be; try it
it's following the long term trend line ... that should be obvious by now
Kommentera
thanks for the upvotes
Kommentera
it's easy to do; put on log scale ... obviously !?! then select the fib channel; it requires 3 reference points; pick highest 2 peaks and lowest low ... that's it
Kommentera
still following that median long term trend line ...
Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.