EuroMotif

BTC hit our targets EXACTLY, now in Retrace Watch: EARLY Plot

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Part of my ongoing analysis of Bitcoin moves (see links below).

BTC hit our last targets EXACTLY and is pulling back as expected.
This is an EARLY plot of possible retrace targets to be looking for.
Primary question is WHICH order of waves need to be corrected.

$ 9461-9528 is the "Minimum Expected" retrace target.
$ 9167-9204 is "Likely to be Hit" and should bounce a bit.
$ 8314-8374 is my "Best Guess" even if it seems too bearish .

As the retrace develops, I will fine tune the targets and post a new Idea.

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My previous charts catching every key turn and giving early warnings (click the links below):

10.2k Targetted <= Hit within $18
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
7800 Dump Warning
7080 Rocket Foreseen <= within 20 cents!
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.

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

Related Ideas

Comments

Do you agree with the rule that Wave 3 always exceeds waves 1 and 5? If so, does that put a top of 10,400 on Wave 5? If so now the retracement has to start and the brief fall to 9700 was not a real retracement. Maybe Monguilhot was correct with the tip of his triangle.
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Nice count, been tracking the same since December, such a clear and lovely impuslve it's been :-) (Also very nice fib calls along the way, thanks for sharing!)

Didn't even consider the ultrabullish (5) retrace scenario though (If I'm correct in assuming you mean a lower order 3-4-5 might be ahead of us before larger correction?). Figured we just finished strongly extended v of extended (v) of 1. That still makes the most sense to me but I guess if bull run has truly begun one should be prepared for all kinds of crazy rocketry.
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Awesome presentation.
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Thanks master... Im waiting a pull back to re-short...
Are you convinced with that too? sorry for the mess
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Nice work!!
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outstanding
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