EuroMotif

BTC Ping has Rung in the BOTTOM? the fib that will answer

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
Plotted is the fib that I have been following all of 2019/2020.
That ping on the 1.382 was one of the loudest PIngs in years.
If that was NOT the bottom, then we are surely DOOMED.

The world is in panic mode right now.
Even gold is being sold off for cash.
This is bitcoin's chance to shine now.

This bounce is reminiscent of the "good old days" of bitcoin.
Bottom was in when bounce was so fast nobody could get in.
Such a V bottom was rarely approached again, only fomo left.

Now we watch each of those fib levels.
The bounced slashed through several.
Some of them will likely be retested.

.

My previous charts catching every key turn and giving early warnings (click the links below):
7.4k Break Warning
10.5k Top call
9.7k Bounce <= mapped within $10
10k Targetted
8.2k to 10k wave 5
9k barrier Foretold
8k ReBag in HiRes
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
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:
Bounce following the fib perfectly
===================================================================================
Comment:
Tightly Synchronized

Still following this fib precisely By no means out of the woods yet,
but some good signs in this bounce.
===================================================================================

.
Comment:
Near Term levels of interest

First, a fib of the bounce:
.

Mashed with the original high tf fib in chart, we can map some zones of interest: Now we observe the reactions at each zone
=============================================================================================

.
Comment:
New Idea posted for near term levels of interest:
=============================================================================================

.
Comment:
Ping

Nice solid ping on a Golden Fib Not looking very strong, but recognition of fib confirms all others once again.
==================================================================================================

.
Comment:
Ping

Perfect Kiss of $7413
.

WOW
======================================================================

.

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.