BTC near term Support levels of interest: Market-Wide correction
Updated
All markets pulled back today, stocks, gold, crypto.
Bitcoin is now approaching some high tf Fib levels.
Reaction at each fib to be observed for further clues.
11,150-163 is immediate support but was pierced.
11,035-077 likely to be tested, defending 11k round.
10,832-854 could support a sub 11k stop loss hunt.
.
Recent Plots of Covid crash recovery:
Covid-19 Crash : $3850 Bottom Taggged <= Fib nailed it.
Bounce Update: $6950 top Plotted
Bounce Update: $5900 launch caught
Bounce Update: $9335 breakout call
Last Retrace: $8106 possible Bottom <= Fib again.
.
Bitcoin "Genesis Fib" and 12,644 Next Target still in play:
.
My older charts catching every key turn and giving early warnings:
Mar 06, 2020: 9.2k Top Call
Feb 13, 2020: 10.5k Top call
Feb 10, 2020: 9.7k Bounce <= mapped within $10
Feb 08, 2020: 10k Targetted
Jan 17, 2020: 9k barrier Foretold <= Warning in Time
Jan 07, 2020: 8475 Top Call <= Mapped within $5
Jan 01, 2020: Sub 7k Foreseen
Dec 29, 2019: Big Picture Fibs <= the 3 Fibs of Life
Jun 02, 2019: 14k target call <=Perfect TP
May 12, 2019: 10k target call
Dec 03, 2018: 3.1k bottom call <=EXACT 2018 bottom
.
My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
Bitcoin is now approaching some high tf Fib levels.
Reaction at each fib to be observed for further clues.
11,150-163 is immediate support but was pierced.
11,035-077 likely to be tested, defending 11k round.
10,832-854 could support a sub 11k stop loss hunt.
.
Recent Plots of Covid crash recovery:
Covid-19 Crash : $3850 Bottom Taggged <= Fib nailed it.
Bounce Update: $6950 top Plotted
Bounce Update: $5900 launch caught
Bounce Update: $9335 breakout call
Last Retrace: $8106 possible Bottom <= Fib again.
.
Bitcoin "Genesis Fib" and 12,644 Next Target still in play:
.
My older charts catching every key turn and giving early warnings:
Mar 06, 2020: 9.2k Top Call
Feb 13, 2020: 10.5k Top call
Feb 10, 2020: 9.7k Bounce <= mapped within $10
Feb 08, 2020: 10k Targetted
Jan 17, 2020: 9k barrier Foretold <= Warning in Time
Jan 07, 2020: 8475 Top Call <= Mapped within $5
Jan 01, 2020: Sub 7k Foreseen
Dec 29, 2019: Big Picture Fibs <= the 3 Fibs of Life
Jun 02, 2019: 14k target call <=Perfect TP
May 12, 2019: 10k target call
Dec 03, 2018: 3.1k bottom call <=EXACT 2018 bottom
.
My "Book" detailing my Methodology with Numerous Examples:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
Note
Onward and Upward!Got a beautiful Launch from a Ping
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