BTC heads up again, now at 45.1k: Genesis Fib could REJECT
Quick heads up that we are approaching another KEY level.
Rejection at the 45,163 fib could lead to lower low as 37.5k.
Break and retest should send us quickly to next fib at 48.1k.
Plotted is bitcoin's "Genesis" Fib, in different time frames.
This single fib series has caught ALL major turns in its life.
Recently caught the 52.8k top, and 48.1k secondary top (click).
.
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 collection of ideas detailing the Concepts:
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 <= Current Example
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
Rejection at the 45,163 fib could lead to lower low as 37.5k.
Break and retest should send us quickly to next fib at 48.1k.
Plotted is bitcoin's "Genesis" Fib, in different time frames.
This single fib series has caught ALL major turns in its life.
Recently caught the 52.8k top, and 48.1k secondary top (click).
.
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 collection of ideas detailing the Concepts:
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 <= Current Example
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
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