BTCUSD near term Support Resistance Zones: Bitcoin tug-of-war

Aug 28, 2019

BTC had a strong spike up yesterday, along with Gold.
But now it has retraced most of the spike to start over.
This plot maps the important zones to watch for clues.

Green Fib series is of the wave up (spike).
Red Fib series is for the wave down (retrace).
Purple zones are confluence areas of importance.

10k as we know as been support zone for some time.
But $9950 is truly important zone for Bulls to hold.
And $10,524 is critical resistance for Bears to hold.

Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
21k possible target (still possible)
9k bounce call (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce call <=Perfect Entry
10k path laid out
3.1k bottom call (nailed the EXACT bottom)

Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

.

Aug 28, 2019

Note

Plotted zones acting exactly as expected thus far 10,253-266 zone current resistance. Bulls need to cross this without letting bears test the support below at the 108-118 zone.