BTCUSD Fibonacci Support Resistance zones: Bitcoin as of Jul 30

This is my periodic update of Support Resistance zones for this pair.
See the ''Related Ideas'' links below for previous calculations.

Several zones have changed since last post.
There are many zones generated from consolidation zones, as one would expect.
So while seems like a whole bunch of random lines, I am confident each of them will be noticed.

General Info
These zones are calculated using Fibonacci Ratios of past price moves.
Fib extensions and retracements are projected forward in time and price.
If price bounces or reverses, it will probably do so at one of these zones.

Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.

Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.

I will update as new zones are defined by upcoming Fibs.

코멘트:

That zone in the 8100 area is a new one since my last post.
Fibs of the moves since focused that zone for me, and seems to be valid.

코멘트:

Strong move down, but still calibrated to the Fibs

코멘트:

Nice example of consolidation in a thick zone, and apparent breakout after retest of the top of band

코멘트:

Very cool spike

코멘트:

These are the type of pings that confirm the zones.

코멘트:

Wow, this skinny little zone really gonna turn it?

(it at the 7300 round so not a big surprise)

코멘트:

All zones still doing their thing, and VERY Precisely

코멘트:

Another confirmation of Fib zone Vailidity

Looks like it pierced zone, but in reality it bounce exactly off a 2.618 extension which I failed to account for

코멘트:

All fibs still proving to be precisely valid

코멘트:

Interesting the Freeze at each of these fib lines, sure validates them

코멘트:

Nice coherence. Some perfect support becomes resistance examples.

Closeup of recent action

코멘트:

Nice

코멘트:

Another nice confirmation of a fib zone

코멘트:

Wow

코멘트:

Ping

코멘트:

Ping! again!

코멘트:

코멘트:

Pinged confirmation

Sure the bounce happened during low volume time, and any real volume would have blown through that line. But that ping shows there is SOMETHING htere

코멘트:

코멘트:

Not sure how many times this zone can bounce it

코멘트:

Hmm, that fib line at 142 appears to be an important one

코멘트:

All resonance points still proving relevant

코멘트:

There are pings that confirm levels to the pip:

코멘트:

All fibs still being confirmed.

ignoring those large spikes in both directions (which still mostly noticed the fibs), the vibrations appear to be attempted a re-sync to existing rhythm

코멘트:

All pings still confirmed CAPN

코멘트:

Give me a ping Vasily. . . . One ping Only please

코멘트:

Those pesky fibs. Working for the bears right now

코멘트:

BTC bulls facing a couple of battle hardened zones in 6640-6672 area

코멘트:

All zones still confirming.
(green zone is newly added)

코멘트:

코멘트:

Nice

코멘트:

Has been resting on this line for over 20 minutes now.
Not a 'round' number, not a pivot, just a fib line.

코멘트:

Most zones still confirming perfectly, EXCEPT these last moves (red circles).
The green zone is new since original post, waiting to see if it gets tested again.

코멘트:

Oh good, we are back into the established rhythm

코멘트:

Nice. Even big moves start and end at a pre-calculated zone

코멘트:

And the pings keep Pinging, all good

코멘트:

Slow lift off?

코멘트:

코멘트:

Ping

코멘트:

Another solid Ping

코멘트:

코멘트:

Ping

코멘트:

Pings continue to confirm most zones (green) but some zones are missing (red) or need adjustment.

working on those adjustments, will post new chart in next day or so.
.

코멘트:

Nice confirmation ping during spike up

코멘트:

Nice

코멘트:

Another perfect ping, of a clearly important level now

코멘트:

1min chart lol, but notice the precise observance of each line

코멘트:

Still bound within the zones, and rather precisely

코멘트:

Pings and general price action still confirm validity of these zones

코멘트:

Ping followed by a lower ping rejection. More down?

코멘트:

WOW

코멘트:

wow, massive moves and then back to the Nexus Band (trekkies get it)

코멘트:

What a PING, and what an entry that would have been

코멘트:

Ping

코멘트:

Ping ....

코멘트:

Ping ....

코멘트:

PIng ....