EuroMotif

BTC bounce UPDATE: near term resistance zones of interest

EuroMotif Mod 已更新   
COINBASE:BTCUSD   比特幣
This is a followup to my 3.8k Bottom Call (click).

Quick update to map upcoming resistances.
Bounce thus far looks reasonably strong.
What happens at the resistances above is key.

$ 6359-6418 is immediate resistance, possible end of small order wave.
$ 6839-6969 will be pretty strong resistance, likely end of this leg.
$ 7198-7278 is maximum expected, assume we get past 7k round.

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My previous charts catching every key turn and giving early warnings (click the links below):
3.8k Bottom Ping
7.7k Retrace Target
10.5k Top call
9.7k Bounce <= mapped within $10
8.2k to 10k wave 5
9k barrier Foretold <= Warning in Time
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
14k target call <=Perfect TP
3.1k bottom call <=EXACT 2018 bottom

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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評論:
Playing out Perfectly.

Price action exactly as expected thus far Now at that 2nd resistance just hosrt of 7k.
That is a double fib, which make for strong and precise boundaries.
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評論:
Yup, that Double Fib mentioned above was strong as expected Pulled back hard, and now might be in an ABC wave down, with further downside.

Measuring the pullback now for any clues on outlook.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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