Follow up of this Fib series I have been posting for some months now.
Each of these Ripples has been Precisely tested and often relfected price.
After previous Reflection off the 3.236, we now have a clear breach in place.
Bull Trap? Maybe, but that migth still be yet to come.
Bull Run? Sure looks like it, but retrace is needed soon!
Short Squeeze? Not yet, but breach of 6k will surely do so.
The BAD news is that this fib has DOWNWARD energy.
BTC needs to break FREE of this fib's influence soon.
KISS of the 2.618 is often a Love-me or Leave-me Kiss.
Lets see how it goes this time.
First posted this fib in Dec. 2018
Since it has called many turns, such as this retrace from 5650
Each of these Ripples has been Precisely tested and often relfected price.
After previous Reflection off the 3.236, we now have a clear breach in place.
Bull Trap? Maybe, but that migth still be yet to come.
Bull Run? Sure looks like it, but retrace is needed soon!
Short Squeeze? Not yet, but breach of 6k will surely do so.
The BAD news is that this fib has DOWNWARD energy.
BTC needs to break FREE of this fib's influence soon.
KISS of the 2.618 is often a Love-me or Leave-me Kiss.
Lets see how it goes this time.
First posted this fib in Dec. 2018

Since it has called many turns, such as this retrace from 5650

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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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
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.