BTCUSD near term Support Zones: Bitcoin Retrace Watch

Bitcoin's latest surge may have reached a temporary peak.
Band 9 is often the end of strong moves and this looks like it.
Now we watch the retrace in order to measure the bull power.

10,350 should the Minimum pullback to be expected.
10,2xx is likely to be tested, perhaps a breach to 10,194.
10,1xx should be strong support with bulls looking to buy.

Loss of Band 4 (10k-ish) again would be devastating, bulls MUST defend.


Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
10.2k Resistance plot (tight zones plotted)
21k possible target (still possible)
9k bounce call (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
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
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.

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评论:

Still marching up this Fib series, and still looking more Bullish than I expected

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