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BTCUSD bounce watch: Retrace pathways and zones of interest

725
Just a quick plot to study the bounce and subsequent retrace.

Looks like a PERFECT impulse wave ending with a double top at the 4.236 extension.
So now we need to observe the retrace for clues about the momentum.
Thus I have plotted a few zones of interest.

NOTE: this plot is measured on the bounce ONLY. I am going to integrate longer term fibs and update any changes.

This is a continuation of my calculations to find the 'bottom' and consider whether it will go any lower or not.

First I saw 3618 on CoinBase as important which had been on my charts for over 6 monthss:
BTCUSD headed to 3600 next (on CB) ? Bitcoin in serious trouble


As it was being approached, I fined tuned the target a based on the downward momentum:
BTCUSD updated next target: Bitcoin possible support


Getting closer, I started to see a bigger picture coming together:
BTCUSD ever gonna bounce? Bitcoin wave end in sight but ugly


After the bounce, I am still calculating the odds of one more leg down, based on these levels
BTCUSD ever gonna bounce? Bitcoin wave end in sight but ugly


Ghi chú
Oops, the last link above should have been this one:
BTCUSD bounce UPDATE: Bitcoin bottomed or one more dip to come?
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Approaching first zone of possible support ảnh chụp nhanh
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ok, so here we are at possible Bear Exhaustion zone ảnh chụp nhanh but they dont look very exhausted yet :(
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Good news is: this zone proves quite valid ảnh chụp nhanh bad news is: bears do not look exhausted yet, but watching closely
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Fibs tell the truth EXACTLY! Closeup of the current zone ảnh chụp nhanh amazing human decision process pre-defined by the Golden Ratio
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Almost as the LAST STAND, we might bounce soon ảnh chụp nhanh
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Bulls are still working hard to defend that last stand zone ảnh chụp nhanh

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