40,415 and 83 cents: BTC line bulls MUST HOLD or face much lower
Shown here is the same fib series in three different timeframes.
Left chart shows its "Genesis" (birth) and the growth rings since.
Right side charts show the same fibs but in smaller timeframes.
The Genesis Fib has called all the major turns since 2015.
It helped us call the Top exactly at 69k (must see this).
Then it helped us spot the Bottom precisely at 32.8k
The last look kept us alert at the 45.1k Double Top
Sure, it has given false hope as well.
After the top we hoped 52.8k would hold.
45,163 on the way down looked possible.
So the point is:
The turn WILL happen at "a" fib, the question is "which" fib?
But we get "exact" levels of interest for entries, stop losses, tp's.
So we know quickly whether we are wrong or spectacularly right.
Thus we PREPARE to execute an "if-then" decision at each fib.
Simply set an ALERT to let us know when price approaches one.
The we look for a PING (exact ricochet) for a possible reversal.
.
Left chart shows its "Genesis" (birth) and the growth rings since.
Right side charts show the same fibs but in smaller timeframes.
The Genesis Fib has called all the major turns since 2015.
It helped us call the Top exactly at 69k (must see this).
Then it helped us spot the Bottom precisely at 32.8k
The last look kept us alert at the 45.1k Double Top
Sure, it has given false hope as well.
After the top we hoped 52.8k would hold.
45,163 on the way down looked possible.
So the point is:
The turn WILL happen at "a" fib, the question is "which" fib?
But we get "exact" levels of interest for entries, stop losses, tp's.
So we know quickly whether we are wrong or spectacularly right.
Thus we PREPARE to execute an "if-then" decision at each fib.
Simply set an ALERT to let us know when price approaches one.
The we look for a PING (exact ricochet) for a possible reversal.
.
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