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EuroMotif
Jan 2, 2020 3:57 AM

BTC sub 7k Support Zones in play soon: Bitcoin Leg Down imminent 

Bitcoin / United States DollarCoinbase

Description

Quick post to map some nearby support zones.
Momentum indicates significant leg down inbound.
There are supports below that might resume uptrend.

7017-7035 seems likely, and a natural end point for last wave.
6918-6945 should be a STRONG, perhaps a stop hunt under 7k.
6785-6802 is pretty much the LAST hope before much lower lows.

Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
<= the 3 Fibs of Life

<= Still Important

<= within 20 cents!

<= Still Important


<=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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