RVN/BTC has returned to Impulse: Raven Coin back to resistance

Aktualisiert
Raven is back to the Impulse that started the pullback.
Impulse had many sellers who are probably still there.
Selling from the end of Impulse is already obvious.

Impulse = strong continuous force for a limited amount of time.
When there is a return to Impulse, it is a critical zone to watch.
Rejection from, Penetration of, or Traversal through are clues.

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Ordered Chaos

every Wave is born from Impulse, like a Pebble into Water.
every Pebble bears its own Ripples, gilded of Ratio Golden.
every Ripple behaves as its forerunner, setting the Pulse.

each line Gains its Gravity.
each line Tried and Tested.
each line Poised to Reflect.

every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.

He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.

Ordered Chaos

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Anmerkung
Perfect Ping of the Impulse' Core Snapshot Bulls are looking pretty strong, but that 382-618 zone will be tough. Crossing it could spring load it with shorts' stops getting tripped.

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Anmerkung
So bulls pushed a little higher but got rejected from EXACTLY 1/2 of way into the Impulse Core Snapshot Now trying to regroup at fibs below but still disoriented it seems.

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Anmerkung
We got a pretty good bounce off the 1.618 and bulls look to attack the Impulse Core again Snapshot

Under the micrscope (1min chart) we see the Impulse of this micro push down has been pretty much conquered Snapshot

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Anmerkung
Another Perfect Ping of the Impulse Core (like a Cave full of Bears) Snapshot

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Anmerkung
Night need a micro-correction before higher high Snapshot

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Anmerkung
No correction yet. But a burst throught Core and now the bottom bound might be support Snapshot

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FibonacciSupport and Resistance

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