EuroMotif

TRB crawling out of the basement. Bottom In? $35 the key level

BINANCE:TRBUSDT   TRB / TetherUS
TRB is fighting a key resistance zone around $35.
Major Golden fib (thick 1.618) plus local golden 6.853.
Break and successful retest would confirm "Bottom In".

Plotted are 3 different fib series from different timeframes.
Thick lines are from very high tf so they have the most "gravity".
Red lines are from last wave down, thin gold+blue of last wave up.

.

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
Chapter 7: The Mighty 2.618: like a Rook in Chess

.

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.