We calculate the beginning of the bullish cycle from 23 March 2020 to the minimum of the covid crisis up to the visible Double Top of Dicember 2021.
2-year cycle of large upside with an extension between the minimum and maximum points of 154%.
We are well under way to gain momentum towards new RECORDS!
The Fibonacci 50% media area 200 are very effective and well protected SOLID SUPPORTS AT 1W TF.
2 large SUPPORTS:
S1) Support 1
$11'000/$12'500
On average 200 a week
at 50% of the Fibonacci retracement .
S2)
Support 2
between $9'000/$10'000.
(Pre Covid Crisis Record)
RESISTANCE
1) Between $15'180/$15'860
2) $13'080/$13'900 ( Sulla MEDIA 100 A 1W)
Target:
TP (Take profit)
161% for the price of $22'900 (+ 100% approximate)
LPI .sa
2-year cycle of large upside with an extension between the minimum and maximum points of 154%.
We are well under way to gain momentum towards new RECORDS!
The Fibonacci 50% media area 200 are very effective and well protected SOLID SUPPORTS AT 1W TF.
2 large SUPPORTS:
S1) Support 1
$11'000/$12'500
On average 200 a week
at 50% of the Fibonacci retracement .
S2)
Support 2
between $9'000/$10'000.
(Pre Covid Crisis Record)
RESISTANCE
1) Between $15'180/$15'860
2) $13'080/$13'900 ( Sulla MEDIA 100 A 1W)
Target:
TP (Take profit)
161% for the price of $22'900 (+ 100% approximate)
LPI .sa
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.
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.