EuroMotif

BTC updated near-term Support Resistance Zones for pullback

COINBASE:BTCUSD   比特币
Quick follow up to my previous plot calling for $8475 top (click).

Some updated zones of interest for the expected pullback.
Have already hit primary support and initial resistance.
It is quite possible we wander in between for some days.

7825-7845 is immediate support, may not hold another hit.
7710-7738 is a minor support, unlikely to reverse it but bounce maybe.
7626-7640 is medium strength, does have chance to reverse it.

7450 remains the "Line-in-Sand" that bulls can NOT loose.

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Part of my ongoing Bitcoin analysis, catching every key turn (click):
8.475k Top Call <= Perfect Top
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
6432 Bounce Call
7450 Critical number <= Still Important
7800 Dump Warning
7080 Rocket Foreseen <= within 20 cents!
7860 Retrace Call
6850 Bounce plot <= exact Top AND Bottom hit
9k bounce call
14k target call <=Perfect TP
10k target call
7.5k bounce call
3.1k bottom call <=EXACT 2018 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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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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