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$BTC Fib Probabilistic Map

4071
Adjusted version of previous charts for experimental purposes
Time and Price related fibonacci channels are sourced from the cycle of Covid Low and 2022 Low.
syot kilat

Previously I used the steepest (time related) fib channels all the way back from 2014.
syot kilat

I chose the source from covid cycle over the prehistoric one to witness how price behaves to more recently formed angles.
Dagangan aktif
Fib range validated locally at this point of time.
Dagangan ditutup: sasaran tercapai
The current double top (if price fails to break above) aligns with an angle derived from the 0.618 retracement. The chart reveals 3 identical instances of such cycles. This suggests that by capturing previous cycle top and tuning the bottom to the golden ratio, we can anticipate top price levels, at least for short-term reactions to be safe.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.