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EuroMotif
Sep 24, 2021 5:43 AM

TWTR just hit KEY level $67, last major resistance before 100 

Twitter, Inc.NYSE

Description

Twitter as you know has been a laggard amongst Big Tech.
It may have just found a spark to start to next leg of growth.
Allowing tweeters to receive tips in Bitcoin could be that spark.

$ 67.01 is the KEY resistance fib that was pinged today.
$ 78.29-79.50 is a fib confluence that marked last top.
$ 56.28-56.91 is a MUST hold to maintain uptrend here.

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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:

Chapter 2:

Chapter 3:

Chapter 4:

Chapter 5:

Chapter 6:

Chapter 7:


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Comment

We have a BREACH!

Going into Friday close, we have a breach of the Golden fib


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Zoom IN (1 min) for a closer look:
Breach came after several EXACT tests (Pings).
Clearly there were many traders making decisions at $67.00.
Thus its breach has that much more meaning to that many more traders.

Likely to come back and retest that fib at some point, but a very good sign thus far.

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