If BTC breaks 8200 then 9200 might be next stop

Aktualisiert
Based on my Fibs and EW.
Lets see how this goes.
Anmerkung
Hoping to see something like this:
Snapshot
Anmerkung
Looking good so far, 9200 still on the table.
Snapshot
Anmerkung
WOW, punched right up to 8350 gdax
Snapshot
Anmerkung
Starting to look like a wave 3 to me:
Snapshot
Anmerkung
As anticipated, the 8350 zone exhausted the bull power for now.
But the bears are not pushing down very hard.
Evaluating further and will post update with new analysis of last move.
Snapshot
Anmerkung
Give me a ping Vasily. ... ... One Ping only please.
Snapshot
Anmerkung
May be an 8150 retest coming
Snapshot
Anmerkung
Nice bull rejection at the 1.618. Also happens to be a 786 of a much bigger tf fib. Lets see if bears attack it again Snapshot
Anmerkung
watching for these possibilities Snapshot (darkest one being my best guess currently)
Anmerkung
This still looks viable, but target lowered to 9150 for now
Snapshot
Anmerkung
Lets see if bulls can push up to one of these targets.
If so, then I will have a good handle on the impulse up
Snapshot
Anmerkung
Interesting fib action
Snapshot
Anmerkung
Fib bands imply strong support 8100-8200
Snapshot
Anmerkung
We might have a micro wave 5 down yet to come
Snapshot
Anmerkung
Pretty good bounce.
If bulls can get through resistance zones, things will look a lot brighter
Snapshot
Anmerkung
Nice, next up, Daily R1 pivot. Bulls broke the stronger resistance in darker red, now need break that pivot, might pretty easy
s3.amazonaws.com/tradingview/snapshots/i/IguD5jr0.png
Anmerkung
nice, next up is 8390 and of course 8400 Snapshot
Maybe just been a stop run above Daily Pivot, lets see...
Anmerkung
Can the bulls hold that green zone?
Snapshot
Anmerkung
nice bounce where my wave A of abc retrace was hoped for Snapshot
Anmerkung
Bears defending the upper boundry of darker red zone and bulls defending the bottom. Snapshot
Anmerkung
8335 is not going to hold again, 8300 next?
Snapshot
Anmerkung
Another fib (382 here) doing its thing
Snapshot
Anmerkung
BTC acting prefectly according the fibs as expected.
ABC retraced as planned.
All support zones tested.
Notice the behavior of the different shades of green and red (darker means stronger zone)
Snapshot
Anmerkung
Ping .... PERFECT tap of 3.382.
Did not get to the 3.618, but looks strong still
s3.amazonaws.com/tradingview/snapshots/q/QsJomQK7.png
Anmerkung
Making good progress towards the 9200 goal.
Lots of Fib resistances here though, will need to cool down I think.
Planning on a retrace, to be evaluated for bear strength.
Snapshot
Anmerkung
Bears will want to test 8400
Bulls need to defend ABOVE it.
Some key Fibs offer Bulls some support.
Snapshot
Anmerkung
Found what is supporting price right now: a 4.0 fib.
If bulls can keep price above without retesting 3.618, I will be impressed.
But I think some consolidation and profit taking will make it hit 3.618
Snapshot
Anmerkung
A look at the BTC bounce zone in detail.
Each of the green boxes derived from Fib bands.
Notice the price 'knew' where these zones were.
Just like Lightning knows point of least resistance on ground before leaving the cloud.
Snapshot
Anmerkung
Snapshot
8680 looks like good next target.
Waiting to see how this wave 4 plays out.
Anmerkung
Ran into first band of resistance at round number 8600
Snapshot
Anmerkung
Snapshot microscopic look at the resistance bands that should turn into support
Anmerkung
Support being tested. It should be pretty strong. Famous last words?
Snapshot
Anmerkung
uh oh, testing support.
The Dollar is super strong from news over weekend.
No real volume yet (early Monday morning in Asia)
Snapshot
Anmerkung
Respectable bounce off some 618's.
Would have like to seen bounce higher in zone
Snapshot
Anmerkung
Maybe something like this?
Snapshot
Trend AnalysisWave Analysis

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

Haftungsausschluss