EuroMotif

BTC Fib Support and Resistance Zones: Updated June 6

EuroMotif Mod Uppdaterad   
COINBASE:BTCUSD   Bitcoin
These zones are calculated using Fibonacci Ratios of past price moves.

The chart is stretched Vertically - Drag the Right side axis to change magnification.
There are zones above and below the current window, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up.

I will update as new zones are defined by upcoming Fibs.
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New zones already showing some validity:
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Interesting example of how the price does NOT like to be between zones or ''Energy Bands'' as the physicist in me wants to say.
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Another close up of the action in last zone
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Wow, cut through a few zones there.
But notice each one was a speed bump.
And one Zone finally stopped it (for now?)
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And on the next one, sheesh.

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