EuroMotif

BTC "Ping" that should break 50k again, to 52.8k next major fib

COINBASE:BTCUSD   Bitcoin
Plotted here is Bitcoin's "Genesis Fib", in 3 different timeframes.
Every one of these levels has been key on the way up and down.
We have just bounced with a "Ping" on last major fib before 50k.

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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only

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