06-25-2020, 10:09 PM
I will not go into much detail on this one as I want to let you interpret what you see on the chart without my personal bias.
I need to point out that the basis of this study is the notion that the distance from the Bottom to the Top of each Cycle is the same as from the Top to the start of the next Bull Phase of the Cycle.
So as seen on the chart, what will hit first? $6000 on the 0.236 Fibonacci Retracement level or the $13000- 13800 zone of the June 2019 High right before the start of the new Bull Phase?
@TradeCryptoNow
I need to point out that the basis of this study is the notion that the distance from the Bottom to the Top of each Cycle is the same as from the Top to the start of the next Bull Phase of the Cycle.
So as seen on the chart, what will hit first? $6000 on the 0.236 Fibonacci Retracement level or the $13000- 13800 zone of the June 2019 High right before the start of the new Bull Phase?
@TradeCryptoNow