BTC - Another possible launch from the Golden Pocket?
Updated
Hey All.
So the last time it went sideways for a while between these 0.65 and 0.618 fibs... "the golden pocket"...
you can see what happened.
Only 17 hours in the pocket this time... but lets see what happens.
That last green candle was moving pretty good.
Cheers.
So the last time it went sideways for a while between these 0.65 and 0.618 fibs... "the golden pocket"...
you can see what happened.
Only 17 hours in the pocket this time... but lets see what happens.
That last green candle was moving pretty good.
Cheers.
Note
Lol! Well so much for that launch. I'm glad I said "possible", and "let's see what happens". I had a sense it was going one way or another from here, and up WAS a potential. From watching the effects of the golden pocket in multiple charts at different levels of trend, it often holds strong support or resistance and appears to offer some kick to whatever direction the wave is going.
In this instance it went south... as did this post. But live and learn as they say.
I learn as much or more from my failures as I do from successes.
I took a swing at a fast ball rather then watch it go by. Strike 2!
Would have been way more fun to knock it out of the park, but... meh.
Cheers!
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