When we use the trend basis fibonacci extension tool, we see that the movement has returned from the fibonacci 1.13 level with an increase of 135.55%. ++
Likewise, on the other hand, when we use the trend basis fibonacci tool and take the 135.55% movement as a basis, we see the fibonacci 1.13 level ($77.812).
Please do not take the posts as investment advice! Just my opinions on the numbers. I wish you a good weekend.
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As can be seen in the chart, the adventure that started after the major crash in November 2011 jumps above the moving average and reaches its peak at the end of 742 days in a parabolic fashion.
There was no closing below the moving averages until the peak. 👇++
The adventure, which started after the big crash in August 2015, rises above the moving average and reaches its peak at the end of 847 days in a parabolic fashion.
There was no closing below the moving averages until the peak. 👇 ++