EuroMotif

BTC pre-halving Crash, the PING that may have rung in the Bottom

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Presented here is the "Golden" fib that captured the last big leg up.
Golden fib as in it grows at true parabolic rate of 1.618x at a time.
This crash and the Corona Crash both stopped abruptly at a fib.

If that was not the bottom, we can look to the next fib below.
The Gold fib at $7908 would be a possible target for next leg.
But given how "loud" that Ping was, odds are that was bottom.

Note: If you see blurry numbers on the chart, that is a TV bug.
Click Here for a SnapShot, hopefully will clear numbers/levels.

Markets quite often ask "Give me a ping Vasili ... ONE Ping only please?"
Some Pings are so clean you can almost HEAR them resonate off the chart.
Such a Ping causes the Price Wave to STAGGER as if it received a concussion.

Not all Pings start a reversal, but Most reversals start with a Ping.
Every Ping increases our confidence in the entire set of Ripples.
When the Pings stop, it is time to find the new Impulse at work.

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My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only

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Here is the Ping that marked the last bottom EXACTLY:
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Comment: All levels still quite relevant Halving in less than 12 hours.
Lets see if the dump was front-run or more dumping to come ....

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Comment: Still Pinging all fibs ie: this fib is still very influential.

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

Comments

beautiful work. glad i found you.
+3 Reply
What is your roadmap for coming weeks?
is that a sign of bigger drop? or it was just a correction for upper highs?
+3 Reply
How to post one posted idea with more than 2 chart with scales?
+1 Reply
this is really some mind blowing stuff
Reply
dude. 9943. pinggggggggggg
Reply
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