BTCUSD headed to 3600 next (on CB) ? Bitcoin in serious trouble

All of these ridiculous Grey lines were plotted well before Jun 30th 2018 when I posted them here:

(drag down the right side price axis to reduce vertically and see all of the zones, or hit play conintuously)


The behavior thus far indicates one more leg down, to the next large zone below.

Hopefully that is NOT the case, as I am a permabull on crypto.
But the adherence to all of these Fib derived zones is just too precise to be made up.
This plan would be INVALIDATED if zone just above (4650) is broken and held.

Thus I will be looking to buy a bounce around the 3600 range.

Bình luận:

Here we are, with a wee bit of a bounce at the fib

but does not look like much yet