BTC to retest 8200?

493 1
Watching for this scenario. Either previous support above will become resistance,
or it will show more buying again. So watching that zone.
But looks to me like a wave 3 is done, and a larger wave 5 to come.

Will look to add longs at either 8200 range, or if previous support does not resist.,

評論: Wave 4 went a little higher than expected before dropping.
And it is currently at minor support, so it may bounce here.
But that impulse down looks pretty strong and unfinished yet.
評論: Might have found some support just above 8250 and above 4.618 extension of this micro leg down. But it cut through two other 618's from larger timeframes, so I expect the ABC to continue as planned
評論: Still on track.
I think one last micro 4 up, then complete micro 5.
The Daily S1 pivot created a bounce, but I dont think it will turn it.
評論: .
Almost there, lets see if support holds
評論: .
Some support found at a 7.0 Fib extension
We might see a bit of bounce here, but I think the 8.0 is the destiny
評論: Maybe something like this?
評論: Ping .....
the Golden Ratio is my Religion.
the Trading View is my Nation.
the Moderator Tag is my Flag.
Thanks for the updates mate...I still believe we are correcting to 7.8K...

Btw, would you be able to recommend any good resource for fib studies?
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