EuroMotif

BTCUSD to retest 10.2k or lower? Bitcoin Retrace Watch 3

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
Quick plot to map nearby Support and Resistance zones.
Bigger picture looks to be ABC's in a sideways correction.
Many small upward Impulses spotted but no follow through.

10,6xx should be expected.
10,3xx is likely to be tested.
10,2xx looks juicy for bounce.

11,4xx break invalidates most of it.

Part of my ongoing Bitcoin analysis (click):
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce Call <=Perfect Entry
10k path laid out
3.1k bottom call (the EXACT 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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Comment:
Solid Ping on the "Minimum Expected" zone Lets see if it holds (or maybe how long it holds is more like it)....

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Comment:
Here we are, at "Bulls Last Stand"
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Comment:
Nice double Ping on the Last Stand Zone looks like it will break lower yet, but one cant say the Fibs did not give Bulls every chance ....

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Comment:
Bounce looking decent thus far, but needs to get past 10,363 to be a believable bottom
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