BTCUSD ready for a pullback? Bitcoin plan ahead Retrace zones

2019년 7월 9일

We might be ready for a significant pullback here soon.
Or the King may just keep marching onward and upward.
But if a retrace starts, the plotted zones are worth watching.

12,525/531 is first support, not strong but might do.
12,196/151 should be pretty good support for strong bull.
11,916/986 should be strong support after 12k stop hunt.
11,555.592/646 should be rock solid and best not approached.
11,000/097 would be a crash zone possibility and damaging.

Part of my ongoing Bitcoin analysis (click):
12.4k Break
10.9k retrace
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
10k final Leg
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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2019년 7월 9일

노트

We topped out as expected, and pulled back to a pre-planned zone. Now watching for possibility of one more leg down to the "Strong Support" zone.

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2019년 7월 9일

노트

yup, 11.9k locked and loaded, considering red Fib of pullback wave

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2019년 7월 10일

노트

We went higher than expected, and now slammed back into the "Very Strong" support zone Lets see if it holds, this does have the potential to reach the "Crash Zone"

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2019년 7월 10일

노트

Tested again with another good bounce

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2019년 7월 10일

노트

Beautiful bounce thus far. Next concern is 12,151-196 zone which will surely be some resistance

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2019년 7월 10일

노트

entering the danger zone

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2019년 7월 11일

노트

Currently thinking we gonna hit the 11k "crash zone"


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