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EuroMotif
Jan 8, 2020 9:04 PM

BTC updated near-term Support Resistance Zones for pullback 

Bitcoin / United States DollarCoinbase

Description

Quick follow up to my
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Some updated zones of interest for the expected pullback.
Have already hit primary support and initial resistance.
It is quite possible we wander in between for some days.

7825-7845 is immediate support, may not hold another hit.
7710-7738 is a minor support, unlikely to reverse it but bounce maybe.
7626-7640 is medium strength, does have chance to reverse it.

7450 remains the "Line-in-Sand" that bulls can NOT loose.

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Part of my ongoing Bitcoin analysis, catching every key turn (click):
<= Perfect Top

<= the 3 Fibs of Life

<= Still Important

<= within 20 cents!

<= exact Top AND Bottom hit

<=Perfect TP


<=EXACT 2018 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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