Hi Freedom,Once a 61.8% of a fib is broken it cancels all existing fib targets for that fib. In our case the primary target was 0.74 and the interim one was 0.65 zone.
Keep in mind when I say target I am referring to an active upward effort to hit it (technically). All of those existing levels still remain as key levels for S&R and will attract the price in the absence of a legitimate target, even if they are currently off the table as targets.
Things will heat up again when we get back above the e21 and 61.8 around 0.25
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Hi Freedom,Once a 61.8% of a fib is broken it cancels all...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 3429444 | 4.9¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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23 | 3429444 | 0.049 |
101 | 13614489 | 0.048 |
59 | 6705081 | 0.047 |
32 | 4464036 | 0.046 |
55 | 5142720 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 149299 | 2 |
0.051 | 1338894 | 8 |
0.052 | 1380788 | 9 |
0.053 | 1765338 | 11 |
0.054 | 3316349 | 14 |
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