This plot shows two Fibonacci series in play since bottom.
Green set is from the very bottom based on start of wave 1.
Gold set is from the pseudo that built wave 3.
9.0k has a "Confluence of 2" fibs in close proximity which focuses the energy.
9.5k has a "Contend to End" fib as 5.618 is a common end of 5 wave structures.
9.9k has a "True Golden Ratio" fib whose strong gravity will continue to attract.
When will it correct then?
Where will it correct to?
Why will it correct at all?
If I knew those answers you would not be reading this.
So I am selling some at each line, buying back in lower.
But I remain on this train until the next station arrives.
Previous Bitcoin Analysis:
3.1k Bottom Call
9.0k Top Spotted
7.5k Retrace Call
See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
Currently in Play:
BTC path to 10k
LTC path to $150
EOS to Double Digits
ONE Re-Entry zones
WAVES ready to rock?
BNB Re-Entry zones
POA bottom watch
NANO Impulse Redux
BTC bottom 3.1k (caught the EXACT bottom)
MATIC top Warning (caught the EXACT top)
NEO Rocket Launch (great entry, massive profits)
ETH breakout (instant Profits, no drawdown)
MATIC rocket (massive Profits, breakout entry)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
FET top warning (Top warning JUST in time)
DASH top (Top warning EXACTLY in time)
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.
Zoomed in to see the EXACT Ping for the 5.618 and reaction And also apparent is the support zone of $9019 = 9046.
Closer look at the last leg up shows a perfect 9.618 peak (often a move ender) Now lets see what the 4.236 or 4.618 does. Bounce from that Band 4 is expected if bull trend is to continue without losing momentum. Dip below Band 4 will reduce momentum for sure.
Zoomed in, the bounce was beautifully executed by a "Confluence of 2" Fibs
Lets see if this propels us to the final target from here or not. Keep in mind this "could" very well be "done" bit I think 9987.97 is coming, whether from here for from a deeper retrace is the only question for me.
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Needy I hope not
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