GODS.usd Heads Up at $0.3667: Break to Run or Reject to Doom

Zaktualizowano
GODS is trying to paint a bottom with a sign of strength.
Now retraced and testing the major golden fib at .3667.
Break and retest for next leg up, or reject to new lows.

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Uwaga
Reject to Doom it was
snapshot
Notice the many PINGS (exact ricochets) on the fibs,
thus telling us we can continue to count on the rest.

It is possible that we have found a bottom,
but there are no convincing clues of it yet.

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.
Uwaga
Trying to paint a bottom:
snapshot

Zoom in (h1)
snapshot
Plenty of PIngs to confirm our fibs are all still relevant.
Obvious resistance will be 4.236 (a golden ratio) at 0.2608.
Key support that bulls must hold is the 2.618 at 0.2203

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SUMMARY:
- Very possible that we have a bottom.
- Watching 0.2608 above, 0.2203 below

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.
Uwaga
Still within the range, BUT some clues
snapshot
Many Pings since last update (green rings),
which confirm our fib set is well in control.

.

Zoom in (m15) and add a blue stripe fib to last bounce:
snapshot
First guess for target always the 4.236 at .26431,
but of course we have the Genesis 4.236 at .2608.

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So we have near term targets, awaiting range break.
FibonacciSupport and Resistance

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

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