The "Pulse" of an asset times Fibonacci: BTC dire Impulse Redux

Bitcoin has returned to its last Impulse pushing up.
This is a crucial test of the overall trend structure.
This battle will determine the mid-term outlook.

"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.

Are the buyers still there? Enough to absorb the selling power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.

This is part my ongoing series to collect examples of my Methodology.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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評論:

Ping

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評論:

Ping.

Smacked into the first resistance zone and reacted EXACTLY

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評論:

Several exact Pings so far, looking pretty weak

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評論:

Ping

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評論:

Strong bounce from the Impulse Core

Bulls now need to get past the First Resistance zone and confirm it as support, which would get a lot more bulls on board.

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