BTCUSD hit targets, now what? Bitcoin bullish retrace?

23 thg 4, 2019

Bitcoin hit a target from high tf fib below.
Now it looks like a retrace is under way.
This is an early guess as to possible retrace.

5475 is smallest retrace possible, and probably a wave A.
5437 would be an Ultra-Bullish bounce and almost suspicious.
5375 would be 'safest' retrace to provide uptrend supports.


Target of 5655 on Coinbase was forecast by this fib

This fib was determined by the drop from 7400. So a move that happened early September 2018 is still in control of the "CheckPoints" almost 8 months later!


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24 thg 4, 2019

Ghi chú

So we finally got a pullback, and a decent bounce from the expected zone Now to see if Bulls can resume the rally, or if Bears will finally step in.

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24 thg 4, 2019

Ghi chú

Nice bounce after EXACT retest of the support fib and is now looking to break through the support-turned-resistance just above.

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25 thg 4, 2019

Ghi chú

Looking great. Broke past two resistance zones, and looks to be confirming the blue 2.618 as support now now I am looking for clues about whether this is a new impulse or just a corrective reaction.

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