EuroMotif

BTCUSD roadmap back to 13k? Bitcoin Resistance Zones to look for

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
BTC is on the rise again and with some strength.
The bounce looks Impulsive more than Corrective.
Plotted are possible pathways back to 13k or higher.

BUT we are due for a small pullback right about now.
The retrace behavior will be telling of the strength.
It is also possible to blow through the fist resistance.

11,143-147 is immediate resistance with a tight confluence.
11,394-555 is wide but diffuse zone of resistance nearby.
12,354-525 is strong resistance requiring repeated attacks.

BTC is on the rise again and looks quite impulsive

Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
9k retrace (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect Entry
10k path laid out
3.1k bottom call (the EXACT bottom)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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Comment:
Dip was more violent than expected, but expectable none the less Possible for one more leg down to test 10,5xxx

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Comment:
1min fib of the dip bulls need to push past 10.8k asap.

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Comment:
Retrace has gone a little deeper that my highly enthusiastic plot for wave 4, but it seems to have found support at the green zone that I knew would be a good support. Lets see if it holds. If it breaks, then 10.2k is the next and perhaps last support before the entire 5 wave Impulse comes into question.

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the Trading View is my Nation
the Moderator Tag is my Flag
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