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MITH/BTC updated Support Zones: Mithril retrace almost done?

EuroMotif Mod Updated   
BINANCE:MITHBTC   None
Support and Resistance Fibonacci
5
1
supportandresistance fibonacci
Quick update to my previous plot.
Movement has given new clues and new fibs.
I know it looks like a lot of area, but watch the boundaries.

My previous plot, early in the retrace:
MITH/BTC retrace plot: Mithril mini-bubble? Supports of interest
Comment:
Got a nice bounce at the second support zone.
snapshot
Looks like Purple fib is still in control. That 4.618 to 3.618 space will be difficult

Close up showing the relevance of the Purple Fib
snapshot
it did not account for the current 'bottom' , but that might hint at another leg down.

Zooming in further, we see the Red Impulse/Fib also paying a role and catching the bounce.
snapshot
So if the red 5.618 breaks, then we are looking at 980 sats or so where the next confluence of fibs appears.

.
Comment:
Quite a battle at the resistance formed by Confluence of 2 (fibs that is) the Red 4.236 and Purple 4.618 :
snapshot
Now I am NOT as confident of another leg down before breaking the resitance, but that green arrow remains my buy zone for now.

.
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