Today, I will introduce my short position outlook for Bitcoin on August 12.
There are two grounds for this idea.
First, an arbitrary wave X forms a 0.382 length ratio with another arbitrary wave.
In general, the 5th wave often has a length ratio of 0.382 compared to the 1st wave.
In this case as well, it can be counted in the same way.
Second, as a result of applying the Fibonacci in reverse to the wave that appears to be in a diagonal form,
the point where the ratio of 2 is formed almost exactly matched the recent high of around 112,360.
I often use this kind of “reverse Fibonacci.”
Normally, Fibonacci is drawn with the past point as the first point and the future point as the second point,
but I do the opposite — setting the future point as the first point and the past point as the second point.
In this case, ratios such as 1.618 / 2 / 2.24 / 2.618 / 3 / 3.618 are often used.
It is especially effective for measuring ratios between wave pairs that skip one wave,
such as between wave A and wave C, or between wave 3 and wave 1.
thank you.
There are two grounds for this idea.
First, an arbitrary wave X forms a 0.382 length ratio with another arbitrary wave.
In general, the 5th wave often has a length ratio of 0.382 compared to the 1st wave.
In this case as well, it can be counted in the same way.
Second, as a result of applying the Fibonacci in reverse to the wave that appears to be in a diagonal form,
the point where the ratio of 2 is formed almost exactly matched the recent high of around 112,360.
I often use this kind of “reverse Fibonacci.”
Normally, Fibonacci is drawn with the past point as the first point and the future point as the second point,
but I do the opposite — setting the future point as the first point and the past point as the second point.
In this case, ratios such as 1.618 / 2 / 2.24 / 2.618 / 3 / 3.618 are often used.
It is especially effective for measuring ratios between wave pairs that skip one wave,
such as between wave A and wave C, or between wave 3 and wave 1.
thank you.
Note
2TP HIT!!
Trade active
ALL TP HIT!!
🌐서버린 공식 텔레그램 공지방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🌐서버린 공식 텔레그램 공지방
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
🔗t.me/seovereign_updates
🏆서버린 8월 개인 수익률 대회 [상금 50,000USDT]
🔗대회 페이지 : tinyurl.com/seoblo
📌FIFTH(전자책) 무료 배포-서버린 분석법 공개
🔗tinyurl.com/FIFTH-SAMPLE
🔴유튜브
🔗youtube.com/@seovereign?si=iJBnIrQcuMyYGZo4
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.