42,789 and 57 cents: BTC major fib on tap here
Updated
Shown here is the same fib series in three different timeframes.
Left chart shows its "Genesis" (birth) and the growth rings since.
Right side charts show the same fibs but in smaller timeframes.
The fib at 42,789.57 (on coinbase) is actually a "minor" ratio.
But it of the most important Fibonacci sequence of BTC's life.
The "Genesis Sequence" has caught all major turns since 2015.
For example it helped pinpoint the exact top of last bull run:
Besides the above "Genesis" fibs, there are many others.
The second biggest wave is the "Covid Stimulus" wave:
The above large waves plus smaller produce a roadmap of key levels.
The roadmap gives exact entry points, clear targets, and small stop losses.
Left chart shows its "Genesis" (birth) and the growth rings since.
Right side charts show the same fibs but in smaller timeframes.
The fib at 42,789.57 (on coinbase) is actually a "minor" ratio.
But it of the most important Fibonacci sequence of BTC's life.
The "Genesis Sequence" has caught all major turns since 2015.
For example it helped pinpoint the exact top of last bull run:
Besides the above "Genesis" fibs, there are many others.
The second biggest wave is the "Covid Stimulus" wave:
The above large waves plus smaller produce a roadmap of key levels.
The roadmap gives exact entry points, clear targets, and small stop losses.
Note
( (( PING )) ) "Ping"= Exact riochet from fib that you can almost HEAR!
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Note
And so we continue to "Orbit" this fib, as seen on the 15 min So w wait for it to reach escape velocity in either direction.
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Note
Here we are again, 42,789;Only now we are testing the fib from underneath.
Not a good sign for Bulls, they need to get above fib asap.
Right now is good time for bears to push for the next leg down.
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Note
Here we are yet again, 42,789: Only retesting from ABOVE this time.
Bulls need to hold this line as a floor.
Bears need to get back below it asap.
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Note
42789 and 57 cents to be exact, as seen on the 15 SECOND chart: Cant get any more precise than that!
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Note
Thus my enthusiasm for Pings =======================================================================================================
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