EuroMotif

BTC "Ping" that should break 50k again, to 52.8k next major fib

COINBASE:BTCUSD   Bitcoin
Plotted here is Bitcoin's "Genesis Fib", in 3 different timeframes.
Every one of these levels has been key on the way up and down.
We have just bounced with a "Ping" on last major fib before 50k.

.

I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.