EthereumUpdated Ethereum Trend Test
This is just a chart for me to test a theory and be able to look back on this in a few months, maybe even years.
The theory other than the obvious trend lines trajectory involves the .5 fib retrace of the current peak and the .786 of the next peak and can become a tool to identify confluence zones.
The theory other than the obvious trend lines trajectory involves the .5 fib retrace of the current peak and the .786 of the next peak and can become a tool to identify confluence zones.
Note
Lowest boundary hit and the SEC declares BTC and ETH are not securities, now THAT is peculiar. Never the less the bounce is making this chart ever so interesting.
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
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.
Like it if you like it, and comment if you have a question. I'm happy to answer!
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
***This is a reflection of my own educated opinion and should not be viewed as financial advise, please use this for educational purposes only.***
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.