Updated
POLY/BTC has found support? PolyMath bouncing on Fib Support?
PolyMat has been following this blue Fib series pretty closely.
Blue's 2.618 is a common retrace and often strong support.
Blue's 3.236 is first test, clean break would be a great sign.
Red fib is plotting ripples of the correction wave.
Red 3.236 bounce would normal bullish behavior.
Red 4.236 is Bulls' Last Stand, below which is doom.
Blue's 2.618 is a common retrace and often strong support.
Blue's 3.236 is first test, clean break would be a great sign.
Red fib is plotting ripples of the correction wave.
Red 3.236 bounce would normal bullish behavior.
Red 4.236 is Bulls' Last Stand, below which is doom.
Note
Here we are at the blue 3.236 mentioned, and it was clearly noticed. Now we see if it breaks .
Note
Red 2.618 is now the problem .
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
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.