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Between Mod duties and my own trading, it is not easy to post.
If you are seeing "fuzzy" numbers, it is a bug with TV rendering, not on purpose.
As you know, price has been chopping aimlessly for several days.
The only clear result is that neither Bulls nor Bears are confident.
Maybe the new Weekly Open will bring some clues about sentiment.
- China looks to be coming out of the Corona Death Grip.
- Europe may be near Peak spread Rate in Italy and Spain.
- America has yet to Flatten the Curve even in urban areas.
- China claims to be re-opening businesses and factories.
- Europe still in lock down but maybe turning the corner.
- America will drop rescue money to people and companies.
Previous Plots of this bounce:
Bottom of Crash : $3850 Bottom Taggged
Bounce Update 1: $6950 top Plotted
Bounce Update 2: $5900 launch caught
Bounce Update 3: $6600 top Plotted
Bounce Update 4: $6200 Foreseen
Bounce Update 5: $7300 Top retrace
Bounce Update 6: $6600 Bottom?
The Big Picture pointing to $7413: "One Fib to Rule them All":
My older charts catching every key turn and giving early warnings:
Mar 06, 2020: 9.2k Top Call
Feb 13, 2020: 10.5k Top call
Feb 10, 2020: 9.7k Bounce <= mapped within $10
Feb 08, 2020: 10k Targetted
Jan 17, 2020: 9k barrier Foretold <= Warning in Time
Jan 07, 2020: 8475 Top Call <= Mapped within $5
Jan 01 , 2020: Sub 7k Foreseen
Dec 29, 2019: Big Picture Fibs <= the 3 Fibs of Life
Jun 02, 2019: 14k target call <=Perfect TP
May 12, 2019: 10k target call
Dec 03, 2018: 3.1k bottom call <=EXACT 2018 bottom
My "Book" detailing my Methodology with Numerous Examples:
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
Stocks got a bounce at open and so did BTC Not much of a bounce but jumped out of the decision zone.
Now bulls need to hold the top of that zone and confirm it is as support.
another perfect tap of resistance.
Lets see if we get a pullback here.
Lets see if the risk-on sentiment persists into US session, Asia and EU bought.
the Trading View is my Nation
the Moderator Tag is my Flag
Stocks opened positively in Asian market, if that continues into EU and US markets then btc will have a very good chance at that target...
If above, better odds for bull, if below better odds for bear is how I look at it.
From what news I found, it seems Japan is about to announce a stimulus package and I see the Nikkei is leading the indices.
Lets see if the sentiment follows into EU and US sessions ....