We might be ready for a significant pullback here soon.
Or the King may just keep marching onward and upward.
But if a retrace starts, the plotted zones are worth watching.
12,525/531 is first support, not strong but might do.
12,196/151 should be pretty good support for strong bull.
11,916/986 should be strong support after 12k stop hunt.
11,555.592/646 should be rock solid and best not approached.
11,000/097 would be a crash zone possibility and damaging.
Part of my ongoing Bitcoin analysis (click):
12.4k Break
10.9k retrace
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect Entry
10k path laid out
10k final Leg
3.1k bottom call (the EXACT bottom)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Or the King may just keep marching onward and upward.
But if a retrace starts, the plotted zones are worth watching.
12,525/531 is first support, not strong but might do.
12,196/151 should be pretty good support for strong bull.
11,916/986 should be strong support after 12k stop hunt.
11,555.592/646 should be rock solid and best not approached.
11,000/097 would be a crash zone possibility and damaging.
Part of my ongoing Bitcoin analysis (click):
12.4k Break
10.9k retrace
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect Entry
10k path laid out
10k final Leg
3.1k bottom call (the EXACT bottom)
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
.
Note
We topped out as expected, and pulled back to a pre-planned zone. .
Note
yup, 11.9k locked and loaded, considering red Fib of pullback wave .
Note
We went higher than expected, and now slammed back into the "Very Strong" support zone .
Note
Tested again with another good bounce .
Note
Beautiful bounce thus far. Next concern is 12,151-196 zone which will surely be some resistance .
Note
entering the danger zone .
Note
Currently thinking we gonna hit the 11k "crash zone" .
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.
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.