EuroMotif

RVN/BTC has returned to Impulse: Raven Coin back to resistance

BINANCE:RVNBTC   Ravencoin / Bitcoin
Raven is back to the Impulse that started the pullback.
Impulse had many sellers who are probably still there.
Selling from the end of Impulse is already obvious.

Impulse = strong continuous force for a limited amount of time.
When there is a return to Impulse, it is a critical zone to watch.
Rejection from, Penetration of, or Traversal through are clues.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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Comment: Perfect Ping of the Impulse' Core Bulls are looking pretty strong, but that 382-618 zone will be tough. Crossing it could spring load it with shorts' stops getting tripped.

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Comment: So bulls pushed a little higher but got rejected from EXACTLY 1/2 of way into the Impulse Core Now trying to regroup at fibs below but still disoriented it seems.

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Comment: We got a pretty good bounce off the 1.618 and bulls look to attack the Impulse Core again

Under the micrscope (1min chart) we see the Impulse of this micro push down has been pretty much conquered

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Comment: Another Perfect Ping of the Impulse Core (like a Cave full of Bears)

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Comment: Night need a micro-correction before higher high

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Comment: No correction yet. But a burst throught Core and now the bottom bound might be support

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