EuroMotif

52,838 and 06 cents: BTC most important Level of this Cycle

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
Quick heads up to the Golden Fib at 52,838 (coinbase).
All three panes have the same levels, the "Genesis Fib".
Every level of this series has been a major contention.

Break and Retest of this Golden fib opens new Highs.
Ping and Reject of this level could mark secondary top.
Touch and Orbit of this high gravity fib is the most likely.

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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:
Moment of Truth

Here we are, at the Fib exactly
Oh My

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Comment:
Zoomed IN with local fib added Blue striped fib of local bounce today,
thick lines the Genesis levels.

That local 5.236 reinforcing the Golden fib makes it even more tough now.
Also, 5.236 is the second most common wave end point, 4.236 the most common.
Very possibly at the end of this bounce wave, and RIGHT AT the key Genesis level.

Again, OH MY!

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Comment:
52,838 and 06 cents AGAIN.

Here we are, right at the key fib s3.tradingview.com/s...shots/m/mj729DWf.png

Zoomed WAY IN (5 sec)
Wow

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Comment:
Escape Velocity?

Maybe COULD be a bull trap,
or a short squeeze,
but looks great!

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Comment:
Here we are Again!

After an impressive bounce that shot PAST our Golden fib, we have now come back for a retest
KEY moment here, ideally bulls will bounce it on this first touch.
BUT also possible we go into orbit again, given the high gravity of this fib.

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Comment:
Here we are Again

Back to our "High Gravity" fib (lower right chart is 30 second tf!)

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Zoom IN (13 min) Attempted to leave orbit, but Escape Velocity not acquired.
So we return to "earth" and orbit may continue on underside.

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Zoom WAY in (30 sec) 52,838 is now etched into all brains/algos/indi's.
Believers were watching this for entire last year.
The Blind have tripped on it enough to make notes.

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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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