BTCUSD Update with FIB SRF's, FIB SRA's, FIB RT to 0.618 & RT...
... to 1.618 Extension.
DEFINITIONS of what I intend to convey with this and following charts.
FIB SRF
FIB SRA
FIB RT to 0.618 % [Retrace from top of Peek from a Spring and/or Upthrust Event; Then down to the "FIB RT 0.618 % (Retracement back down to bottom of Consolidation Wave).
FIB RT to 1.618 % Extension: .
I Explained in a previous publication HOW TO DETERMINE both RT's for Bitcoin. It's different for different coins [Depending on the stage it's in... Building the Handle (Bull); Trimming out to of handle to it's metal case (Consolidation); Begin Forming the Trigger (Found Preliminary Support "PS"); Going along the base of the trigger mechanism (Coming up from the BOTTOM of a Selling Climax into one or more Automatic Rally's "AR" With "TEST's" and/or result in a Peak Wave from a Spring and or Up Thrust).
AT THIS POINT the trigger has been pulled and the Loaded Gun has Fired with EXTREME " . However, things have only just begun for THIS gun because We're NOT done yet. We have NOW begun Forming the Barrel from the Top of the Trigger to the end or tip of the barrel in multiple bullish waves with consolidation events.
Once the barrel has been made and we make it to the TOP of the HISTORICAL GUN (Made up of MANY smaller guns) , We will have a major bullish event that MARKS THE END of making the PREVIOUS HISTORICAL GUN and into Making a NEW HISTORICAL GUN .
WE ARE ABOUT TO WITNESS THE "BIRTH" OF A NEW HISTORIC GUN...
Cheers,
David
DEFINITIONS of what I intend to convey with this and following charts.
FIB SRF
FIB SRA
FIB RT to 0.618 % [Retrace from top of Peek from a Spring and/or Upthrust Event; Then down to the "FIB RT 0.618 % (Retracement back down to bottom of Consolidation Wave).
FIB RT to 1.618 % Extension: .
I Explained in a previous publication HOW TO DETERMINE both RT's for Bitcoin. It's different for different coins [Depending on the stage it's in... Building the Handle (Bull); Trimming out to of handle to it's metal case (Consolidation); Begin Forming the Trigger (Found Preliminary Support "PS"); Going along the base of the trigger mechanism (Coming up from the BOTTOM of a Selling Climax into one or more Automatic Rally's "AR" With "TEST's" and/or result in a Peak Wave from a Spring and or Up Thrust).
AT THIS POINT the trigger has been pulled and the Loaded Gun has Fired with EXTREME " . However, things have only just begun for THIS gun because We're NOT done yet. We have NOW begun Forming the Barrel from the Top of the Trigger to the end or tip of the barrel in multiple bullish waves with consolidation events.
Once the barrel has been made and we make it to the TOP of the HISTORICAL GUN (Made up of MANY smaller guns) , We will have a major bullish event that MARKS THE END of making the PREVIOUS HISTORICAL GUN and into Making a NEW HISTORICAL GUN .
WE ARE ABOUT TO WITNESS THE "BIRTH" OF A NEW HISTORIC GUN...
Cheers,
David
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Now that we were able to zoom out more to allow to see the Completion of LG-2 (Loaded Gun - 2) will be at the end of the Royal Blue on the far right hand side of the chart. THAT event will be Historic. THAT will be the BIG HANDLE event at the end of this Historical Gun Making to begin the Making of a NEW HISTORICAL GUN (LG-3).
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PULLED BACK VIEW:
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IMAGINE there was an explosion of a star; the birth of a star; the center is it's birth (explosion).
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The SPEED of that Resistance that BECOMES Support is STRONGEST from the center. That SPEED or FORCE Gets weaker the further it is away from the center. ESPECIALLY, once we get NORTH SIDE of the top of that explosion THAT is when we begin some SEIOUS UPWARD Trajectory at more like "2 O'Clock" rather than our current "2:20 O'Clock." If we drew a Horizontal Ray from the Peak (Top) of that Red Explosion, THAT is the "NORTH SIDE" of the top of the explosion I was referring to.
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NOTE THE CRATER from the "8:45 O'Clock" position of the blast onto the mass of earth DOWN to the bottom of out Selling Climax in 2015. THAT was a LOT of FORCE "Speed" that dug out that crater.
Well, Expect SIMILAR FORCE "SPEED" Coming out from that explosion ONCE WE GET NORTH of that explosion.
Well, Expect SIMILAR FORCE "SPEED" Coming out from that explosion ONCE WE GET NORTH of that explosion.
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THAT is when THIS GUN has TRULY FIRED and the BIRTH of the NEXT GUN BEGINS.
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Expecting that to BEGIN AT THE BEGINNING of the Royal Blue and End at the Other side of the Royal Blue where it meets Magenta.
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That's where we all will see the REAL HANDLE from a bowl at the end of a BIG ASS GUN !!!!!!
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The way Bitcoin and other worthy Alt Coins are made/designed ; it's only natural for them to react in this way [With explosion after explosion in the making of Historical Guns into an unforeseen distant future of possible $1,000,000,000 per Bitcoin and $100,000,000 per Monero, etc...
That's a Long Distant Future.
That's a Long Distant Future.
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Wait until REAL DEFLATION for bitcoin hits.
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SEE THE FORCE Behind this explosion ... Once that same force gets underneath Bitcoin, it will REALLY take off.
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Marked by Aqua Blue Horizontal Rays.
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Just wanted to provide a closeup of the EXPLOSION
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Make sure to start your FIB FAN fro FIB's FROM EXPLOSION FROM THE CENTER OF IT's NUCLEUS.
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To get PROPER TRAJECTORY of the explosion.
