BTC upcoming Targets and Crash preparedness Guide: BE READY

Impressive Bull Run that keeps on going beyond expectations.
But as we know, what goes straight up often comes straight now.
Good news is that the "straight up" part may be just about to start!

Plotted are two high timeframe Fib series in separate windows.
Bottom right has those two fibs plus a local wave to map zones.
The zones map the "interference patterns" of the various waves.

Every line has a chance at stopping a wave.
But confluence zones are especially strong.
Price action at each line/zone will give clues.

Previous Analysis calling for 15.9k to 18.5k

تعليق:

Pullback and a Ping to start V-bounce?

That was a "loud" Ping:
reflected so precisely and so powerfully,
that one could "Hear" it emanate off the chart.

That may well have been the bottom of this particular pullback.

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تعليق:

Ping at the Top?

Possible strong resistance, finally

and an exact Ping on lower bound.

PS: sorry for lack of updates, been crazy trading ops.....

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تعليق:

Ping that may have rang in the TOP?

Rather LOUD Ping on the fib at 23,749

If not "the" top, clearly "a" top.

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Now we have a Double Fib resistance just below 23k

and first support just under 22k.

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This very well could be the top.
But then again I have thought that several times during this bull run...


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