BTCUSD headed for a lower low? Bitcoin crucial price zones

29 wrz 2018

I believe we are at a make-or-break level currently.
The fibs and EW patterns point to one more leg down.
But bulls have one last chance, if they can defend the green zone in my chart.

We look to be in a wave 5 down.
If so, I am looking at three target zones.

I will post a bullish scenario, if the invalidation zone is surpassed.

29 wrz 2018

Uwaga

At a resistance, clearly defined by fibs

29 wrz 2018

Uwaga

Updated resistance zones

29 wrz 2018

Uwaga

Flirting with resistance

29 wrz 2018

Uwaga

Nice stab through resistance

29 wrz 2018

Uwaga

Bull trap with wick above resistance?

30 wrz 2018

Uwaga

6520 might be next support before the critical zone

30 wrz 2018

Uwaga

wave C (micro) looks to be under way

30 wrz 2018

Uwaga

still looks to be on course

30 wrz 2018

Uwaga

Well, it took the long way home, but came around to test 6522.
Got a decent bounce off that zone, lets see if it holds

4 paź 2018

Uwaga

back to the main chart, that crucial support seems to have held

15 lis 2018

Uwaga

Here we are finally, bounced at the 5300 support forecast over 6 weeks ago Not sure if it will hold, but the bounce looks pretty healthy. Will measure the bounce waves and post an update with expectations from here.

15 lis 2018

Uwaga

Zoomed in on the Target zone: Low of the 1 min candle was 5280.93 whereas my zone's lower bound was 5301.64 . Only Fibs can provide that level of precision