Keeping the counts in check. Been a great secondary guide to my models for verification. Fibo
I am re-visiting a timing chart from way back to see how things look. Is 85k still a possibility this Dec? We shall see :)
Thought I would give a glimpse into my crazy Fibliminal mind as I use EW and fibs as a guide to see if the correction could be over or not. What are you thinking?
anyone else get that nice bottom buy bounce? support from trend line break objective, a fib extension zone and the 61.8% fib retracement all coming together.
Here is a fun trend line measurement.... This trend line break likes 69 :) lol
The trend line break objectives mark a zone that makes the 61.8% level a nice upside target. The 38.2% level is being tested as resistance, but these patterns look strong.
... and needs to hold or downside could be violent.
Still cautiously optimistic, but like the bounce so far. Still a ton of downside risk so any longs taken here would require some protective stops. Just a taste of what I do behind the scenes with my group :) Any questions let me know :) Fibo Nothing here is financial advice, just a tool to use for your own strategies :)
In two weeks the timing matches up on the support hold at the 1.618. Do we consolidate a couple more weeks and hold this support, or does it break and capitulation happens? Lets watch it :)
Been a fun ride... Fibo got to do something while BTC consolidates :)
Trend line measurement put is right at 69 cents!
6 out of the last 7 years is not bad... lol Fibo
Timing charts says so... no guarantees, but a fun one to watch. Fibo
These are the ones I use for my threshold theory Thanks Fibo!