BTC wants to test 10k but might have Topped already?
Update to my Previous Analysis targeting 9750 (click).
We hit the 9750-9800 target EXACTLY in the last plot above.
At that time I was rather confident 9800 would be the top.
But lack of pullback and wave structure says one more leg.
It is quite PLAUSIBLE that all five waves have completed.
It is more LIKELY to see a final push to test 5-digit lands.
It is also POSSIBLE that we breach and spike above 10k.
9727 - 9768 is the "Decision Zone" where it may linger longer.
9975 -10015 is first Break Out Target, should be a quick hop.
10,125 -182 is Final Target, perhaps a Stop Hunt above 10k.
.
See previous charts catching every key turn and giving early warnings (click the links below):
9.8k extended Target
9.4k focussed target
8.2k to 10k wave 5
9k barrier Foretold <= Warning in Time
8k ReBag in HiRes
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
7450 Critical number <= Still Important
7800 Dump Warning
7080 Rocket Foreseen <= within 20 cents!
6850 Bounce plot <= exact Top AND Bottom hit
14k target call <=Perfect TP
10k target call
3.1k bottom call <=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.
.
We hit the 9750-9800 target EXACTLY in the last plot above.
At that time I was rather confident 9800 would be the top.
But lack of pullback and wave structure says one more leg.
It is quite PLAUSIBLE that all five waves have completed.
It is more LIKELY to see a final push to test 5-digit lands.
It is also POSSIBLE that we breach and spike above 10k.
9727 - 9768 is the "Decision Zone" where it may linger longer.
9975 -10015 is first Break Out Target, should be a quick hop.
10,125 -182 is Final Target, perhaps a Stop Hunt above 10k.
.
See previous charts catching every key turn and giving early warnings (click the links below):
9.8k extended Target
9.4k focussed target
8.2k to 10k wave 5
9k barrier Foretold <= Warning in Time
8k ReBag in HiRes
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
7450 Critical number <= Still Important
7800 Dump Warning
7080 Rocket Foreseen <= within 20 cents!
6850 Bounce plot <= exact Top AND Bottom hit
14k target call <=Perfect TP
10k target call
3.1k bottom call <=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.
.
Comment:
Updated Resistance Map
Upper target with additional fib of this last leg up
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Upper target with additional fib of this last leg up
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Comment:
Why 10125 and 81 cents?
No idea! but the Fib said it would be important.
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Comment:
Boom
Target was spot on, and we got a flash dip right back to the "Decision Zone"
watching closely, this could be the start of a deeper correction.
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Target was spot on, and we got a flash dip right back to the "Decision Zone"
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
10k again. Zoom on that target zone from above
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