It bounced exactly from where it "should" have bounced (click).
Now it has returned to the Impulse that caused the drop .
"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least the first approach if note more.
See some of my other plots and trade calls below.
I also plot Forex and Stocks, take a look at my profile page.
Currently in Play:
BTC retrace watch
BNB Re-Entry zones
MATIC Re-Entry zones
NANO Impulse Redux
LINK Re-Entry zones
NEO Rocket Launch (great entry, massive profits)
BTC path to 10k (in Progress, perfect turns)
BTC bottom 3.1k (caught the EXACT bottom)
ETH breakout (instant Profits, no drawdown)
MATIC rocket (massive Profits, breakout entry)
ZRX breakout (massive Profits, short wait)
XLM breakout (massive Profits, instant Win)
ADA breakout (PERFECT targets, massive profits)
FET top warning (Top warning JUST in time)
DASH top (Top warning EXACTLY in time)
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.
the Trading View is my Nation
the Moderator Tag is my Flag
Wealthy I am not
Needy I hope not
Gifts do help out
🙏 BTC 🙏
send When you Can
send What you Want
gain Gratitude you Will
Am waiting to see outcome of the Impulse battle.
It may well lead to lower low (cuz the Impulse might cause a lower high).
If it breaks above the Impulse Core, then a retest of Core might be long entry.
ie: This impulse zone would determine whether Pump-n-Dump is done, or more Pump to come ...