BTC Fib Support and Resistance Zones: Updated June 1

Jun 1, 2018

These zones are calculated from Fibonacci ratios of the price action.

If the prices are overlapping and hard to see, DRAG the Vertical Axis on chart of Magnify Vertically.

There are other zones above and below current display, which will appear if you drag chart up or down.

I will add updates with more Fine Tuned zones as price action reveals them.

Jun 1, 2018

Note

Nice jump from one Fib band to another.
Price does NOT like to be between zones

Jun 2, 2018

Note

Updated Zones of interest.
Purple are new or changes, LightGrey are going away, DarkGrey remain.
This for anyone following but more for my own reference cuz sometimes the original analysis proves 'more' correct.

Jun 2, 2018

Note

The above updates were based on the new waves shown by the price.

Jun 2, 2018

Note

Fib zones still acting as EXACT boundaries for the price

Jun 3, 2018

Note

Ever wonder why a move stops at apparently invisible barriers?

Jun 4, 2018

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That PINK line (thin zone) at 7528.40 was a strong resonance I found there yesterday, and added to my zones per above picture. Now it looks like it has some authority after all

Jun 4, 2018

Note

Nice bounce off a Fib zone, lets see if it holds

Jun 4, 2018

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Pretty good bounce off next support,
Now needs to break and hold that pink line

Jun 5, 2018

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wow, can that tiny little fib zone hold this flood of red? doubt it, but interesting to notice the bounce, not at the round 7400 number but instead at 7390 exactly per Fibs.

Jun 5, 2018

Note

Fib zones still doing their thing precisely.
Will post a new chart with updated zones later.

Jun 6, 2018

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Double Ping, clearly an important zone.

Jun 7, 2018

Note

Back to this zone again.
Will it break upward this time?