Plotted is the fib that I have been following all of 2019/2020. That ping on the 1.382 was one of the loudest PIngs in years. If that was NOT the bottom, then we are surely DOOMED.
The world is in panic mode right now. Even gold is being sold off for cash. This is bitcoin's chance to shine now.
This bounce is reminiscent of the "good old days" of bitcoin. Bottom was in when bounce was so fast nobody could get in. Such a V bottom was rarely approached again, only fomo left.
Now we watch each of those fib levels. The bounced slashed through several. Some of them will likely be retested.
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.
Still following this fib precisely By no means out of the woods yet, but some good signs in this bounce. ===================================================================================
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注释
Near Term levels of interest
First, a fib of the bounce:
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Mashed with the original high tf fib in chart, we can map some zones of interest: Now we observe the reactions at each zone =============================================================================================
Nice solid ping on a Golden Fib Not looking very strong, but recognition of fib confirms all others once again. ==================================================================================================