BTC might be topping for now? 7409.24 gdax the top?
Updated
Just a fib wave that I have been following since the bounce started.
I first bought in at 5950, per this plan:
I have been closing pieces of my long position above the 7100 price, and each fib it hit above that price.
I am thinking it in nearing end of cycle, and getting ready for a correction.
Let see what happens at 7409.24, a 9.618 extension of the initial impulse.
It was approached and rejected at 7402, so it might now blow through the 7409....
I first bought in at 5950, per this plan:
I have been closing pieces of my long position above the 7100 price, and each fib it hit above that price.
I am thinking it in nearing end of cycle, and getting ready for a correction.
Let see what happens at 7409.24, a 9.618 extension of the initial impulse.
It was approached and rejected at 7402, so it might now blow through the 7409....
Note
Wow, guess that was indeed a top (temporary?) Note
Nothing like the elevator down after the stairs up. Note
This fib is apparently still valid! Even after the massive pullback, the resonances are proving their validity
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