BCH.USD at an important resistance (fib): must break asap

BCH fib I have been watching since last big drop.
It is has been crawling the lower bands with precision.
Band 4 (4.236-4.618) is not strong but may be bottom.

This is a follow up of my attempt to spot "the bottom" (click).

Kommentar:

Uh Oh! That exact rejection from Fib is a bad sign

But bulls are coming back to it, maybe they can break and hold it this time ?

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Kommentar:

That Ping in above snapshot was indeed a sing of wave ending

several hours later we are well below that fib and look to be heading to the next one below. Although the Impulse of this push down was not looking all that forceful. Let me see what I can measure on the drop thus far.