DASH.usd near term Support Resistance map, $26x maybe local top
Updated
Plotted are 3 different fib series from different time frames.
The thick Gold and Blue levels are from a very high tf fib series.
The others are local, including one for the last leg up from $185.
$ 265 - 268 would make for a good topping zone.
$ 232 - 233 is a good immediate support to hold.
$ 233.45 Golden fib is a MUST-Hold to keep trend.
For reference, here is the "Big" fib with the thick lines (weekly timeframe):
.
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
.
The thick Gold and Blue levels are from a very high tf fib series.
The others are local, including one for the last leg up from $185.
$ 265 - 268 would make for a good topping zone.
$ 232 - 233 is a good immediate support to hold.
$ 233.45 Golden fib is a MUST-Hold to keep trend.
For reference, here is the "Big" fib with the thick lines (weekly timeframe):
.
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
.
Note
First support tested and trying to bounce Zoom IN (5 min) For a closer look at the Green support zone
BUT it was pierced, which is not a great sign.
Preferably it would have been a PING (exact ricochet).
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