We are back at the resistance and noticing it EXACTLY. Critical decision point for direction of trend and strength. Bounce wave might be done, so retrace is worth watching.
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See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page.
Currently in Play: BTC Support Watch
Recent Achievements: (near perfect plot) (Near Perfect target, easy trade) (instant Profits, no drawdown) (caught the EXACT bottom) (PERFECT targets, massive profits) (massive Profits, short wait) (massive Profits, instant Win) (Perfect Target, take profits) (caught the spike) (caught the EXACT top) (massive Profits, breakout entry) (great entry, massive profits) (EXACTLY on time) (EXACTLY on time)
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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Bulls punched through the immediate resistance BUT can they get past this pesky green fib line?
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uh oh, still struggling with that $182 resistance bulls need to break it and stay above soon, or it will become serious resistance for a long time....
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No testing the bottom boundary of the resistance zone
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Still bouncing around inside the Resistance zone: Breakout to either side could accelerate hard.
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Finally, nice breakout after retest of top boundary