Forwarded from Zvn’s Charts
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Zavan
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Forwarded from Zvn’s Charts
If this is an especially deep retracement, 7.3k (0.236 and 0.618 confluence) should be expected, that would be a 50% retracement from the top.
https://twitter.com/opchecksig/status/1144303667073507333
https://twitter.com/opchecksig/status/1144303667073507333
Twitter
Zavan
$XBTUSD 1D 1st image: Every major correction of the previous bull market retraced btw 30%~40%. 2nd image: Lots of lines, lots of colors but stay with me. Notice the fib confluence in the 9.8k. Notice how a 30% retracement from top = 9.8k (0.382) & a 40% one…