Continuing with my research on PCT (Parabolic Curve Theory) this is a daily chart for $SUN coin which also seems to have initiated a parabolic move marking a sub-base 1 at approximately 0.172 fib level and later setting higher highs on the 0.236 fib level (Base 1), and 0.382 fib level (Base 2).
I'm very eager to understand the deep relationship that appears to exist between these parabolic panic-buying patterns, Elliott Wave Theory and Fibonacci, which seems to be present on every accumulation area or base of PCT.
I expect the price action to bounce off of the curve and initiate an uptrend towards the 69USDT price level.
Any comments and further insight on the subjects of this research is very much appreciated.
I'm very eager to understand the deep relationship that appears to exist between these parabolic panic-buying patterns, Elliott Wave Theory and Fibonacci, which seems to be present on every accumulation area or base of PCT.
I expect the price action to bounce off of the curve and initiate an uptrend towards the 69USDT price level.
Any comments and further insight on the subjects of this research is very much appreciated.
