Zaktualizowano

BTCUSD headed for a lower low? Bitcoin crucial price zones

I believe we are at a make-or-break level currently.
The fibs and EW patterns point to one more leg down.
But bulls have one last chance, if they can defend the green zone in my chart.

We look to be in a wave 5 down.
If so, I am looking at three target zones.

I will post a bullish scenario, if the invalidation zone is surpassed.

Uwaga

At a resistance, clearly defined by fibs

Uwaga

Updated resistance zones

Uwaga

Flirting with resistance

Uwaga

Nice stab through resistance

Uwaga

Bull trap with wick above resistance?

Uwaga

6520 might be next support before the critical zone

Uwaga

wave C (micro) looks to be under way

Uwaga

still looks to be on course

Uwaga

Well, it took the long way home, but came around to test 6522.
Got a decent bounce off that zone, lets see if it holds

Uwaga

back to the main chart, that crucial support seems to have held

Uwaga

Here we are finally, bounced at the 5300 support forecast over 6 weeks ago

Not sure if it will hold, but the bounce looks pretty healthy. Will measure the bounce waves and post an update with expectations from here.

Uwaga

Zoomed in on the Target zone:

Low of the 1 min candle was 5280.93 whereas my zone's lower bound was 5301.64 . Only Fibs can provide that level of precision

EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Również na:

Powiązane publikacje

BTCUSD Fibonacci Support Resistance zones: Bitcoin as of Jul 30

od EuroMotif

Wyłączenie odpowiedzialności

Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.

EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag