52,838 and 06 cents: Bitcoin's MAJOR barrier to look for new ATH
Updated
Plotted is a single Fib series, shown in three different time frames.
This series has called virtually ALL major turns in Bitcoins lifetime.
The "Golden" lines (1.618 multiples) are extremely important levels.
.
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
.
If you would like to make your own copy of this fib, here is a single frame version:
This series has called virtually ALL major turns in Bitcoins lifetime.
The "Golden" lines (1.618 multiples) are extremely important levels.
.
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
.
If you would like to make your own copy of this fib, here is a single frame version:
Note
Here we are: the Moment of Truth Lets see what happens now, likely a rejection first, then an "orbit" of the fib.
This is definitely the KEY level for this bull run, and bears' chance to paint a "lower high".
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Note
Oh my Goodness! Not that we should be surprisded.
Now the fib at 48.090 is of interest.
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Note
( ( ( PING ) ) ) Ping = Exact Ricochet on can almost HEAR.
"Not all Pings start a reversal, but MOST reversals start with a PING"
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Note
Nice secondary bounce on subsequent fib ===============================================================================================
Note
All progressing exactly as planned.Per last update above, we did hit 48,090 (and passed it a bit) but have now dropped and just PING'ed a blue fib
That fib has a chance to hold.
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