EuroMotif

BTC Support and Resistance zones: short term Bottom?

EuroMotif Mod Aggiornato   
COINBASE:BTCUSD   Bitcoin
Trying a new method to display Zones on a chart without have my drawing scroll off with the chart.
The price zones are precisely calculated but of course the nearby ''round'' number is worth observing.

BTC dove through distances where I did not see any such zones.
Now that I see a number of bands below price, I think we are close or getting close to a 'Bottom' (famous last words?)

NOTE: If you drag up or down on the right axis, you can blow up or shrink chart vertically.
Drag UP to magnify so you can see overlapping prices better as they separate.
Drag DOWN to see zones above and below current chart display.

This idea is a follow up to my previous post where the zones were shown in green as support.
But from now on I will refer to them as Zones of Interest since 'Support' and 'Resistance' flips.
Commento:
Nice breakout of the cluster.
Up ahead is a resistance zone.
Commento:
.
The beauty of FIB based support/resistance.
Notice the rejections at 7595.xx, NOT 7600 even, but based on a Fib Resonance
Commento:
Still stuck in the Fib zones.
Commento:
Give me a ping Vasily, ONE ping only please
Commento:
Testing bottom band again, probably will not hold this time
Commento:
Each energy level acts as a magnet, sometimes attracting sometimes repelling

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

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.