Ontology / Tether
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ONT/USDT Potentially using Fib wrong

So I'm new to using Fibonacci retracements/extensions.
This is my first time trying to predict price movement by drawing triangles.
From the youtube videos I've watched I assume I did it right, but it feels wrong.
However, when I zoom out and compress the chart the prediction looks like something the price would do.

Comment below what you think about the Idea, point out what I did wrong or if its right in some weird way.
Fibonacci

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