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Goldenratio

ZRX.usd eyes on .9873 for possible Bottom and scary Long entryThis is a followup to my Top Call (click) . ZRX topped at a Golden fib as posted above. We have now dropped to sister Golden below. This would be a good spot for bulls to step up. It is PROBABLE that we orbit this Golden for a while. It is POSSIBLE that we bounce here and resume uptrend. It is PLAUSIBLE that we break below and continue down. The velocity of last leg down looks scary. The Golden Fib did abruptly stop the drop. If it fails then look to each fib below next. Last analysis that nailed the top: ================================================================================================
COINBASE:ZRXUSD
by EuroMotif
1
BTC retrace RoadMap updated: 52.8k reinforced, 48.5k possibleUpdate to my posted call for 52.8k target and resistance (click). BTC hit the Golden Genesis fib at 52.8k and is staggering since. It still appears very bullish, but bulls are clearly struggling here. The longer it hovers below the major fib, higher risk of a drop. Golden fib at 52,838 is now reinforced by local fibs for stronger barrier. There is a new resistance in the 51.3k area to make a possible lower high. Best guess for retrace is just below 50k to take out stops before resuming. $ 51,248-369 is the key resistance which we may orbit a few times. $ 49,704-924 is the current best guess for retrace target and bounce. $ 48,553-764 is very possible as the endpoint of the last wave down. The "speed brakes" are minor fibs that should slow or stall the move. "Critical Support" at 48.090 is the nearest Genesis fib that must hold. =================================================================
COINBASE:BTCUSD
by EuroMotif
1
UPS eyes on 158.10 above and 150.74 below, into earnings reportUPS is hugging the underside of a major fib. Today after-hours will be an earnings release. What happens here could mark a turning point. See if breaks above 158.10 or drops to 150.74. Highly enthusiastic target above is around $170 Very bad news like FDX might target $139 below. (Drag DOWN on the price scale to see above/below) I have no idea of the fundamentals of this corp. I am presenting only the current technical stance. Hopefully you know/own UPS and find this helpful. ==================================
NYSE:UPS
by EuroMotif
BTC in the most important zone of this Bull RunBTC is currently hovering within a very important zone. Zone is defined by confluence of Genesis and Covid fibs. These high timeframe fibs have caught all major turns. The zone of relevance is $ 42,200 to 42,789 (on coinbase). This may be a turning point into retrace before continuation. Bulls' best strategy will be to hold this zone thru the weekend. Strong break should jump to 45K then 52k very quickly. Rejection here could send us to new lows around 32k. So it is the most important zone for this halving cycle. . These two fib sequences are posted individually as well: The full Genesis Sequence: The Covid Stimulus series:
COINBASE:BTCUSD
by EuroMotif
4
RUNE heads up at $4.62: next landmark for gauging trendAll levels are from a single fib series explained below $4.62 is at a "semi-major" ratio (Goldens are majors). Many exact reactions to these fibs confirm relevance. Beak of this fib would signal end of correction. Rejection here could lead to new local lows. So what happens here will be very telling. Here is a full view of RUNE's Genesis Sequence: See "Related Ideas" below about my methodology. ==============================================
by EuroMotif
The Golden RatioAlso known as phi, the Golden Ratio can be derived by determining the proportion at which dividing the whole equals the proportion between the smaller and larger segment that together make up the whole. Algebraically, this can be describes as: x + y = 1 |x| = y / x x (and y) must be positive since they make up a whole. Isolate the variable: y = 1 - x y = x^2 Combine & Solve: 1 - x = x^2 ... 0 = x^2 + x - 1 ... x = 0.618 This ratio is also discoverable by considering the ratio of adjacent numbers in a sequence that continues by adding the two prior numbers, starting with 0 and 1, the Fibonacci Sequence: oeis.org 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393,... As the sequence continues, the ratio of adjacent numbers approach 0.618. Why stop there? Taking the ratio of all numbers in the Sequence produce more ratios that I call Fibonacci Multiples, which approach Lucas Numbers: oeis.org ..., 0.000733, 0.00119, 0.00192, 0.00311, 0.00503, 0.00813, 0.0132, 0.0213, 0.0344, 0.0557, 0.0901, 0.1459, 0.236, 0.382, 0.618, 1 ,1.618, 2.618, 4.236, 6.854, 11.09, 17.94, 29.03, 46.98, 76.01, 122.99, 199, 322, 521, 843, 1364, 2207, 3571, 5778, 9349, 15127, 24476, 39603, 64079, 103682, 167761,... Given the similar relationship, is interesting but ultimately unsurprising to note how the sum of all ratios below the Golden Ratio of 0.618 approach 1 and the beginning significant digits begin to resemble whole numbers found in the Fibonacci Sequence. Understanding that growth and decay is relative, we should then expect to see these ratios appear when we look for it...
BNC:BLX
by UbiquitousAngles
Start of a new golden cycleSince ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets. Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except for the Covid black-swan it respected the phases a third time like a charm. Now our bottom (15465) is in, the 2023-2027 cycle can take-off. We accumulated and switched momentum now bulls are back. We will see a relief rally to this cycle’s golden (61.8% off 15465->69000) which is waiting at 48550usd to reject the level and start the re-accumulation into the next block-halving which is estimated to be around april 2024. After the 4th halving we are ready for our run-up to new price discovery in circa 2025, lets go. Educational links Fibonacci levels: www.investopedia.com Golden ratio: www.canva.com Bitcoin halvings: cointelegraph.com See you in 2027 for another cycle!
BNC:BLXLong
by nestay
13