EuroMotif

TRB broke key resistance, targets 170, 265, 420 and other nodes

EuroMotif Mod Updated   
BINANCE:TRBUSDT   TRB / TetherUS
Quick post to alert of Major resistance upcoming.
168-170 is expected to be a serious hurdle above.
Break would show strength, pullback expectable.

Major Targets Above:
204-205 backstop to 200 round number.
264-267 a major node, likely pullback.
419-422 the extended target for wave.

NOTE:
These levels are from Binance, versus Tether.
Exact Levels vary between different exchanges.
Coinbase just launched so prices there are higher.

Drag DOWN on the PRICE scale to see levels above and below.
THEN drag the CHART around to see outside current window.
Use "Make it Mine" under SHARING to make your own copy.

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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
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
Chapter 7: The Mighty 2.618: like a Rook in Chess

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Comment:
Early Update

Since posting, we pulled back a bit, but bounced from first fib and back above the key double fib resistance.

Zoom IN (1 min) for a closer look: Couple of perfect "Pings" on the local fib.
(thin lines are local fib, thick lines higher tf).

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Still too early to proclaim a bull victory, but looking good.

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