EuroMotif

5882 and 82 cents. BTC.usd Long foreseen target IMMINENT now

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
So here we are, approaching the Golden Fib at $ 5882.82
There are also some other fibs in Confluence in that zone.
This zone must bounce it hard, or bulls are in serious trouble.

Will it hold? Don't know but IF we are to bounce soon, THAT should do it.
Whats below? Will need to measure the move, and project next targets.
What are the odds? imo Very Likely to bounce, plausible it could be bottom.

See my first call for 5882, on Nov 23rd 2019:
Comment:
Just Pinged the all important $7450 golden fib If bulls can take it and flip it to support, then 5882 will be very hard to reach.
But lets see if we actually get past 7450, let alone hold it as support.

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.