Quick post to map upcoming Resistance Zones to watch.
Bitcoin is riding yet another Parabolic wave of growth. Plotted are upcoming Resistance zones of high interest. Expect a reaction at each zone and study it for clues.
$ 8123-8135 is immediate resistance, was pierced but will still be tough. $ 8281-8284 is a TIGHT fib confluence, reaction might be at +/- $10 or so. $ 8425-8475 is a likely TOP with several Wave Ending fib ratios within.
Part of my ongoing Bitcoin analysis, catching every key turn (click):
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.
.
บันทึกช่วยจำ
Reacting Exactly as Expected
Hit the Strong Resistance zone just shy of 8500
Zoom IN (1 min) for a closer look at this zone It is clearly being noticed. If pullback starts in earnest, I will start measuring the wave down. But for now this looks like just Profit Take more so than Shorting....
As expected, pulling back to find support. First stop is the 828x "previous resistance" zone in red I am thinking we will retest 8200 zone at the green arrow. that is a new Support zone shaped by Purple Fib of the drop.
Lets see if we go there, and so, what happens. This first zone is putting up a fight.