Here we have a perfect example of "Golden Growth". The amplitude of the waves grow by a factor of 1.618. The return trip should complete at the 2.618 or 1.618. . 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...
Like many "Covid" stocks, TelaDoc has been decimated. Price is at a serious support and possible correction end. Might be a starting point for "Dollar Cost Average" entries. . 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...
"Impulse" is a surge that creates "Ripples", like a pebble into water. Each of the Ripples has precise bounds defined by the "Golden Ratio". Until a new Impulse occurs, the Price oscillates within "Energy Bands". Markets quite often ask "Give me a ping Vasili ... ONE Ping only please?" Some Pings are so clean you can almost HEAR them resonate off the...
TRB is fighting a key resistance zone around $35. Major Golden fib (thick 1.618) plus local golden 6.853. Break and successful retest would confirm "Bottom In". Plotted are 3 different fib series from different timeframes. Thick lines are from very high tf so they have the most "gravity". Red lines are from last wave down, thin gold+blue of last wave up. . I...
ATOM has been quite strong but now at a key resistance. First and most dangerous zone for possible "lower high". Above are a few more hurdles before new ATH thoughts. Plotted here are 3 fib series from different timeframes. Thick lines are very high timeframe and most important. Red lines are local wave down, and gold+blue the bounce. . I do not use "Fibs" in...
Follow up to my previous post warning of dip from $3.25 (click) . Expected retrace may have ended at its 4.236 extension. Currently in tight orbit around higher tf dual fibs at $2.63. Leaving orbit and breaking $2.75 could lead to new highs.
MATIC just hit a significant resistance at confluence of fibs. Thick lines are from very high tf fib series, dotted are local. Confluence is of local Golden fib near a higher timeframe fib. It is PLAUSIBLE we have topped before a serious retrace. It is POSSIBLE for this wave to continue into next zone. It is PROBABLE we see a retrace here before new highs.
ENJ has pierced a now obvious key level defined by 2 golden fibs. "Now Obvious" as in the whole world has seen the reactions here. But us Believers knew of this landmark level even before first hit. Break and Hold of 3.25 could lead to a new ATH. Rejection here could lead to new lower lows. Most likely we get a few "orbits" before decision. . I do not use...
Chapter 7: "the Mighty 2.168: like a Rook in Chess" "Impulse" is a surge that creates "Ripples", like a pebble into water. Each of the Ripples has precise bounds defined by the "Golden Ratio". Price will often ricochet, creating a "Ping" that one can almost HEAR. The 2.618 is a Special ratio, 1.618 x 1.618, as the Golden Ratio Squared. It is like a Rook in...
TSLA has been retracing faster than rest of market. Musk selling has not helped along with competition. Now a "perfectly acceptable" ABC is near completion. $ 909.15 - 921.86 is the KEY support zone to watch. $ 957.22 - 961.77 will be the first resistance to bounce. $ 879.24 is a MAJOR (very high timeframe) Golden Fib. . I do not use "Fibs" in the "traditional"...
This is a near term update to my bigger picture (click) . New ATH with a surge defying the market. Into no-mans land between major levels. Sings of possible blow off top or bull trap. Last bounce on a major, and I mean MAJOR, level at $159.31 So this surge could well be the result of a HIGH ENERGY fib. Time of Year and Market Conditions DO favor an upward...
Shown here is the same fib series in three different timeframes. Left chart shows the "Genesis" (birth) and the growth rings since. Right side charts show the same fibs but in smaller timeframes. We are currently approaching a key fib ratio at 45,163.58 (on coinbase). This is a "semi-major" ratio (dark blue) with minors just above and below. The "Major" ratios...
"Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth observing closely to gauge energy. Rejection is expected...
The Nasdaq 100 index shows a technically acceptable correction. A well defined ABC wave is completed or very near completion. But the fundamentals (FED, Covid, % rates) may not be ready yet? The MOST IMPORTANT level nearby is the fib at 15,683.20. That level comes from a very high timeframe fib series. A clean bounce off that level would hint of "bottom...
We are re-visiting a milestone in bitcoin's life here. Key Golden Level of its "Genesis Fib" (since birth). CRITICAL level to hold or at least 'orbit' for a while. Recently it helped us call the Top Exactly at 69k (must see this). Few posts before called the 52.8k Breakout now maybe revisiting. Earlier it gave us the perfect Breakout Entry from 45.1k to...
"Impulse" is a surge that creates "Ripples", like a pebble into water. Each of the Ripples has precise bounds defined by the "Golden Ratio". Until a new Impulse occurs, the Price oscillates within "Energy Bands". The Golden Ratio is the underlying building block of the entire Universe. From the Arms of a Spiral Galaxy, to the Bones of Your Fingers, it's in...
Pullback is approaching critical supports. First support is 55.5k confluence of local fibs. Second is 52.8k Golden fib from Genesis series. The Genesis Fib (click) has called all major turns since 2015. Recently it helped us call the Top Exactly at 69k (must see this). Few posts before called the 52.8k Breakout now maybe revisiting. I will try to post...
Ether is coming up on a semi-major ratio of its Genesis Fib. Price action around this fib will be key to what happens next. It may "orbit" this fib a few times and then "flung" either way. Recent pa on the 8h (upper right) chart shows each fib's relevance. So we expect a reaction at 4737.93 without ever having been here. That is how the "Golden Ratio" lights the...