BTC Fib Support and Resistance Zones: Updated June 6
Updated
These zones are calculated using Fibonacci Ratios of past price moves.
The chart is stretched Vertically - Drag the Right side axis to change magnification.
There are zones above and below the current window, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up.
I will update as new zones are defined by upcoming Fibs.
The chart is stretched Vertically - Drag the Right side axis to change magnification.
There are zones above and below the current window, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up.
I will update as new zones are defined by upcoming Fibs.
Note
New zones already showing some validity:Note
Interesting example of how the price does NOT like to be between zones or ''Energy Bands'' as the physicist in me wants to say.Note
Another close up of the action in last zoneNote
Wow, cut through a few zones there.But notice each one was a speed bump.
And one Zone finally stopped it (for now?)
Note
And on the next one, sheesh.
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