BTC Fib Support and Resistance zones: Updated May 26th

تم تحديثه
These bands are derived from my analysis of the Fibs.
I use both Retracement values as well as Extension values.
Lately the Extensions are proving more accurate.
ملاحظة
Fib Resonance Bands doing their thing
لقطة
ملاحظة
Trying to break out of the zone:
لقطة
ملاحظة
Approaching the next support zone, the crucial 7k
لقطة
ملاحظة
Might that have been the bottom?
I am thinking not. I think that 5.618 needs a good hug, and then a kiss of the 6.618 before the real bottom reveals itself.
لقطة
ملاحظة
The Fib Bands are holding price at each line exactly still.
I am now recalculating zones (not much changed in this range but others)
لقطة
ملاحظة
BTC still paying attention to these fib lines
لقطة
ملاحظة
Amazing action around the Fib zones
لقطة
ملاحظة
Another Fib zone doing its job PERFECTLY
لقطة
ملاحظة
Update: the latest Fibs have shown me a new zone.
(of course price is already there, but that is not how they were drawn, see green fibs to left)
لقطة
Trend AnalysisWave Analysis

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

إخلاء المسؤولية