Here is a Fib extension series you don't see very often. Each major line is 1.618x (Golden Ratio) the previous. Each minor line is 1.236x or 1.382x the last major line.
The ever expanding Ripples show continuous ACCELERATION. Linear is more common, meaning VELOCITY but no acceleration. Acceleration proves the existence of a continuous FORCE.
The DURATION of the Force is not project-able. When the Force STOPS the Ripples will go linear. Without a force Velocity will DECAY over time.
The above fib was initiated on the 1 minute chart: So it was not just slapped on there. It had an IMPULSE and showed a PULSE. The 1.618 and 2.618 are KEY first clues. . .
评论
PING . . .
评论
BTC clearly paying attention to this Golden Fib with minor fibs (not shown) causing the intermediate turning points