BTC Fibonacci Support Resistance Zones: Bitcoin as of Jun 14
These zones are calculated using Fibonacci Ratios of past price moves.
I recalculated all of the zones from scratch. after the massive down move.
Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.
Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.
I will update as new zones are defined by upcoming Fibs.
I recalculated all of the zones from scratch. after the massive down move.
Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.
Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.
I will update as new zones are defined by upcoming Fibs.
Bình luận:
Ok, decent bounce.
Looks like more bulls are jumping on.
Looks like more bulls are jumping on.
Bình luận:
Next zone please!
Thanks to SEC news and perhaps Futures expiry, Bitcoin has pushed to the next zone. Is now consolidating in a ribbon of energy bands after being told ''not enough energy'' for the next band yet.
Thanks to SEC news and perhaps Futures expiry, Bitcoin has pushed to the next zone. Is now consolidating in a ribbon of energy bands after being told ''not enough energy'' for the next band yet.
Bình luận:
Fibs dont lie. All of the grey lines top live chart were calculated from Fib ratios of past price moves, some all the way back to btc $200 price (none on this snap, but part of calculation)
Bình luận:
Nice launch from the well tested fib line.
The low of the launch candle was just 4 cents below my calculated number (top grey line)
The low of the launch candle was just 4 cents below my calculated number (top grey line)
Bình luận:
Wow. This blue fib study is from today, 3 min chart (lol)
That green band between the 4.0 and 3.618 is from back here:
Closeup of that green band
So how did the initial impulse the move today know about the green zone having defined the ''bandwidth'' of this asset?
That green band between the 4.0 and 3.618 is from back here:
Closeup of that green band
So how did the initial impulse the move today know about the green zone having defined the ''bandwidth'' of this asset?
Bình luận:
The Resonance Bands at work:
Bình luận:
All of these Zones were derived days to weeks ago.
That red zone at 6522 that stopped the move just now comes from this 5.618 extension
That red zone at 6522 that stopped the move just now comes from this 5.618 extension
Bình luận:
And under a microscope, is there any doubt there are specific energy bands that define the totality of trader reactions?
Bình luận:
Another interesting Fib-Fit:
That red line of rejection was also a perfect 4.618 extension of the first impulse of this push. So now that Red Zone is even stronger resistance, as yet another band of confirmation has been added.
Bình luận:
This .382 extension we are approaching:
Is from this Fib
Is from this Fib
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
If they can bounce it, more bulls will gain confidence.
If they lose it. it will be disheartening.