BTCUSD temporary top at 10.5k ? Bitcoin Retrace watch 1

Quick and thus Messy plot of the latest wave structure.
I was plotting $10.5k as a target/resistance for some time.
The last leg (wave 5) was caused by Trump's new tariffs.

There are several important fibs clustered tightly around 10.5k.
If bulls break through with minimal retrace, then 11k is opened.
But most likely is a correction from 10.5k, to retest at least 10k

10,322-350 might offer immediate support but not likely to be strong.
10,165-174 is a tight confluence that should cause a reaction if touched.
9920-9947 should be very strong, and a good target for 10k stop hunt.

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Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
9k double bottom
9k bounce call (perfect bounce)
13k warning (early but valid)
12.4k Break
10.9k retrace
12k Impulse
12k target call <=Perfect TP
14k > 10k retrace
14k target call <=Perfect TP
10k target call <=6 wks ago
8.4k > 5.4k retrace
9.0k > 7.5k retrace
7.5k bounce call <=Perfect Entry
10k path laid out
3.1k bottom call (the EXACT bottom)


Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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ความคิดเห็น:

So it played out to the Resistance zone exactly

albeit via slightly different EW path than originally plotted