This is just for educational purposes and not a signal.
This Trend-based extension analysis is just to demonstrate why price rejected at $4,955.
You can also see how many time price resisted the 0.382 and the trend line within the Fib tool before the final breakout post-ATH.
You can also see the reaction at 0.618 with the previous day's very aggressive Bullish candle.
This explains how important 0.382, 0.618 & 0.5 fib levels are.
I hope this analysis helps
This Trend-based extension analysis is just to demonstrate why price rejected at $4,955.
You can also see how many time price resisted the 0.382 and the trend line within the Fib tool before the final breakout post-ATH.
You can also see the reaction at 0.618 with the previous day's very aggressive Bullish candle.
This explains how important 0.382, 0.618 & 0.5 fib levels are.
I hope this analysis helps
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免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。