Get started
Kyber Network / Bitcoin

The ''Pulse'' of an asset times Fibonacci: Chapter 3: the 9.618

By EuroMotif
Mod
Updated
This is a continuation of my observations of Fibonacci Extensions.
All Assets in all Time Frames display these rhythmic price moves.
This Idea is to collect examples of the 9.618, a Move-Murderer.

Here are the frist two such Albums with numerous examples posted as Updates to the Ideas:

The Original: (general examples)
The ''Pulse'' of an asset times Fibonacci


Chapter 2: (more general examples)
The ''Pulse'' of an asset times Fibonacci: Chapter 2
Comment
Another perfect ping on the live chart above snapshot

.
Comment
XLM/USDt example, after news about IBM+Banks use was released snapshot

.
Comment
USD/CAD example showing a common spike beyond the 9.618 only to reverse very quickly snapshot

.
Comment
MDA/BTC example of recent price action. 9.618 was approached Thrice and soundly rejected all three times snapshot

.
Comment
XMR/BTC with a great example on longer time frame snapshot

.
Comment
USD/JPY with a Picture Perfect example. Numerous pings to confirm before 9.618, sudden reversal at 9.618, and note the 4.236-4.618 support zone snapshot

.
Comment
ZRX/USD showing the blow-off-top/bull-trap spike just above 9.618 then the COLLAPSE snapshot

.
Comment
ETC/USD with an example of Fomo spike beyond 9.618 but to exactly 10.236 then the immediate COLLAPSE snapshot Notice the perfect Pings after the crash

.
Comment
Though I had posted this yesterday but here is BTC/USD with another perfect example snapshot

.
Comment
Update on oirignal LIve chart at top for KNC/BTC snapshot that 9.618 hit came all the way back to the 1.618 - not uncommon but usually the 2.618 holds....

.
Comment
IOST/BTC with a beautiful example of a 9.618 bottom snapshot

.
Comment
BTC/USD with a big pump that smacked the 9.618 snapshot

.
Comment
KNC/BTC follow up to the Live (original) chart at the top, here is what happened since snapshot lol, ALWAYS get OUT at a 9.618

.
Comment
Another gorgeous example by the SPX.
The "Pulse" of an asset times Fibonacci: SPX hit its 9.618 top ?
 IF the stock market has topped, that would have been a prefect spot for it do so.

.
Comment
LTC/USD with a perfect example of 9.618 peak to 4.618 drop snapshot

.
Comment
LTC/USD with another example, including Overshoot/Bull Trap
The "'Pulse" of an asset times Fibonacci: LTC overshoots 9.618
Interesting this one was the every next wave following the previous 9.618 event just above this one!

.
Comment
EOS/USD with a perfect example, including a blow off top and the very common band 9 to band 4 retrace snapshot

.
Comment
EUR/USD with an active example (separate Idea)
EURUSD topping? EU approaching the dreaded 9.618 extension


.
Comment
SPX recent top in a Live Idea:
The "Pulse" of an asset times Fibonacci: SPX hit its 9.618 top ?
and end result snapshot
Comment
ETH.USD with example of 9.618 overshoot, then the Darth Maul candle to the 6.618 EXACTLY snapshot

.
Comment
GBP/USD with a very strong bounce from 9.618 snapshot GBP has been dropping hard due to Brexit uncertainty and new PM threatening a "No-Deal Brexit". But even under such dire circumstances, the 9.618 is just too far and always causes a nice reflection.
.
Comment
Gold with a very nice example, and notice how the lines become MORE precise as we move further AWAY in time
The "Pulse" of an asset times Fibonacci: Gold Gallops off 9.618


.
Comment
BTC.USD live example, approaching a 9.618 at time of posting:
"Pulse" of an asset times Fibonacci: Bitcoin near 9.618 now


.
Comment
AUD/USD snapshot of another perfect example: snapshot

.
Comment
XCU.USD (copper) with a high tf example on 3 day chart snapshot that one a Double Top at EXACTLY the 9.618.
If one did not sell at that line, then I dont know where else would have been more "toppish".

Also note the initial Bounce at the 4.236, the MOST COMMON retrace (9.618 to 4.618 or 4.236).
Now we have the Coronavirus scare, taking down everything to do with China.

.
Comment
XRP.USD example on 21 min timeframe snapshot with a little bull trap and everything.

The Red Ping with a little spike above the 9.618 was the bull trap.
Then the immediate collapse and retrace to band 3.

.
Comment
BNB.BTC Live Chart with a Picture Perfect example
Pulse of asset in Fibonacci: BNB.btc met the murderous 9.618


.
Comment
KNC.USD with a small time frame example snapshot
That makes KNC a TWO time aware winner!
It was the Poster Child for this chapter (original chart above)

This move happened when it was introduced on Coinbase.
Now we need to see just how badly the 9.618 hurt this asset.....

.
Comment
AUD.USD Live chart of a 1 year long journey to arrive at its Fated 9.618
Pulse of an asset via Fibonacci: AU hits 9.618 as Fated 1yr ago!

Was that THE bottom?
If this asset HAS a bottom,
that WAS the perfect spot.

.
Comment
ETH.USD snapshot of 1min 9.618 wave end snapshot

.
Comment
BTC.USD with a SPECTACULAR example of the 9.618 at work.

Posted this Live idea when it first hit 9.618
Pulse of an asset via Fibonacci: BTC bottomed on a 9.618 ?


and this is what happened almost immediately after snapshot

Never, I repeat NEVER, bet against a 9.618!

.
Comment
UBER another victim of the Murderous 9.618

Daily chart from the Covid bottom snapshot
Topped EXACTLY at the 9.618
Pings along the way warned of it.
Pings on the way down worth watching.

=================================================================================================

.
FibonacciSupport and Resistance
EuroMotif
Mod
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.