BTC may have "bottomed" or is close, near term KEY levels

This is a follow up to my previous two big picture plots.
Click: 61.25k Top Call
Click: 58.84k Retrace

Shown above are the 3 most relevant fibs right now.
See my multi-pane Idea for each of the fibs in full.
Genesis level at 52,838.06 is the MUST HOLD level.

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ความคิดเห็น:

Currently fighting a 4.236

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Zoom in (1 min) and we see a "Ping" (exact reflection) off the fib

4.236's are often strong, being 1.618^3. Strongest fib after the 2.618.

Lets see if bulls can break above and confirm as support.

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ความคิดเห็น:

Broke thru the 4.236,

but smacked hard into the resistance above.

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Zoomed in (3 min) we see another PERFECT Ping

Such pings are often the start of a reversal so we might go down some more.
The rejection does not seem catastrophic, but that Ping is cause for serious concern

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ความคิดเห็น:

( ( PING ) )

Second target hit like a champ

Likely to pause here for a bit.....

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