Analyzing the historical cycles of ETH/BTC, we observe a repeating pattern in Fibonacci retracements and price drawdowns:
🔹 Cycle 1:
Fibonacci retracement: 83%
Price drop: 80%
🔹 Cycle 2:
Fibonacci retracement: 94%
Price drop: 89%
📉 Projected Cycle 3:
If ETH/BTC reacts to the Fibonacci retracement, it could find support in the 0.020 - 0.023 range.
However, if the bearish trend continues, based on historical patterns, it may drop further to the 0.010 - 0.015 range.
ETH/BTC is currently at a critical level. The key question is whether Fibonacci support will hold this time or if the historical downtrend will continue.
⚠ Disclaimer: This is not financial advice. Always conduct your own research and assess risks before making trading decisions.
📊 What’s your take? Will this pattern repeat, or will we see a different outcome this time? 🚀
🔹 Cycle 1:
Fibonacci retracement: 83%
Price drop: 80%
🔹 Cycle 2:
Fibonacci retracement: 94%
Price drop: 89%
📉 Projected Cycle 3:
If ETH/BTC reacts to the Fibonacci retracement, it could find support in the 0.020 - 0.023 range.
However, if the bearish trend continues, based on historical patterns, it may drop further to the 0.010 - 0.015 range.
ETH/BTC is currently at a critical level. The key question is whether Fibonacci support will hold this time or if the historical downtrend will continue.
⚠ Disclaimer: This is not financial advice. Always conduct your own research and assess risks before making trading decisions.
📊 What’s your take? Will this pattern repeat, or will we see a different outcome this time? 🚀
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.