Plot is a single fib series, shown in 3 timeframes.
69k was a previous top and for a very good reason.
IF we are to get a lower high then 69k may be it.
Chart is from Coinbase, others will vary a bit:
$ 69,096.20 is the exact level, topped last run.
$ 65,255.26 below is absolutely critical support
$ 72,937.41 is the next barrier to break above.
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69k was a previous top and for a very good reason.
IF we are to get a lower high then 69k may be it.
Chart is from Coinbase, others will vary a bit:
$ 69,096.20 is the exact level, topped last run.
$ 65,255.26 below is absolutely critical support
$ 72,937.41 is the next barrier to break above.
===========================================
.
Transaction en cours
BOINGTarget HIT and CURLING.
.
Zoom in (m15)
We got soooooo close to 69,096.
Notice the PINGS (exact turns) on fibs below.
Thus we were expecting a reaction here for sure.
.
Lets bring in some local fibs:
Genesis fib at 69k is reinforced by a TopDown fib.
"TopDown" as in the wave from the 73k top of run.
Thus VERY STRONG zone that will be hard to break.
.
Lets look at some supports/targets below:
67,996 (68k) needs to slow the decent.
67,328 would ideally HOLD and bounce.
65,255 Genesis fib is a MUST-HOLD if hit.
.
I still think we tap the 69k Genesis fib.
Perhaps after a shallow weekend retrace.
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Transaction en cours
Trying again:That high gravity fib is still pulling on us.
.
Adding local fibs to above high tf fibs, we get this picture:
Currently Sunday before markets opening.
Lets see what next week brings for inflows.
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Trade fermée: cible de profit atteinte
BOOMDip Target hit, EXACLTY (of course).
.
Zoom IN (m1)
And we heard a "PIng" (exact ricochet of fib).
Will it hold? LIkely we "orbit" this fib a few times.
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Transaction en cours
Recent price action around the Genesis fibs (h4)Thus our struggle with 72,937.41 (again)
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.