GRT.usd Retrace approaching likely Target of 40 cents : Heads Up

As you know, GRT launched on Coinbase and rocketed.
It hit major resistance per Fibs, which I posted in chat.
Now we are approaching first plausible retrace target.

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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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評論:

Almost there

Quickly approaching our target

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Zoom IN (1min)

Little bit of levitation/deceleration just above, a good sign.

Watching closely now, looking for aw bounce with an "Imuplse"


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評論:

Was that it?

Zoomed in with Local fib in blue

That blue 5.236 may well have been end of local wave.

Time to start looking "Impulsive" structure to eh bounces.

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評論:

Looking decent

Got bback above gold 2.618

no easy feat. Now I want to see a retest with a loud "Ping" on .4550

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評論:

Bounce Looking good.

Best possible Attack Vector against 50 cents round

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評論:

Bounce still Looking Good.

Now at first resistance

pierced the support below but recovered quickly.

Now to push into 50 cents and see what happens there ....