Bitcoin
Education

Pulse of an asset in Fibonacci: BTC near Iran Impulse Redux

Updated
Bitcoin (and crypto in general) saw an Impulse due to the Iran Crisis. (or so it seems)
We have retraced most of the move and are revisiting the source. (Impulse redux)
The next few dollars will determine the true nature of the move. (purely Iran?)

"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.

Are the buyers still there? Enough to absorb the selling power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.

This is part my ongoing series to collect examples of my Methodology.

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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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Note
Ing.


Thus the relevance of the "Impulse Core" snapshot

Zoom on the Core snapshot

Bulls need to keep this out of the entire Impulse zone now
Can NOT risk another test of the core, cuz it wont bounce again like it just did....

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FibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
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