BOBA.usd heads up at 1.3111: if not top, then a major landmark

Обновлено
Quick post to alert of BOBA at a major fib..
Golden fib at $1.3111 is a major landmark.
What happens here will offer some clues.

It is PROBABLE that we get a pullback.
It is POSSIBLE to break and retest to fly.
It is PLAUSIBLE that we have "the top".

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m1 view
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like a little girl hop-skip-jumping over cracks in the sidewalk

Keep in mind that all of those lines are from a single fib series,
plotted well before price ever got there, yet humans react there.

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Quick update on the m5 chart:
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little girl still watching each fib,
so we watch 1.0262 above to break,
or 0.9589 below for support or break.

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Just hit Golden fib at .8502
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Best possible support until next golden below at .56

Zoom IN (m1)
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Nice! see if bulls step up here.
If not, its prolly "over" for some time.

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Bulls regained .8502 and took off:
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It did dip below a bit but reclaimed pretty quickly

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Zoom IN (m1) and scroll back to the crossing:
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Several Pings from underside,
could have collapsed the whole.
And it gave us a nice retest entry

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Zoom OUT a bit (m3) to look at the bounce thus far:
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Adding a fib for the bounce (green stripe),
first guess of wave endpoint is the 4.236,
so we have a well defined barrier to watch.

$ 1.1350-1.1436 now the key level of interest.

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Target hit and pierced
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Pulling back now, lets see if it is a sustained retrace or not.
If it sustains then we can fib the retrace and guess at targets.

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Pulling back from last plotted resistance
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Perfect topping pattern in sync with the fib zone.

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Looking for pullback targets:
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higher support at 1.0174/0262 the stronger one,
lower zone at .9394-.9589 wider but not as strong.
OR maybe it just takes off North from here, tho unlikely imo.

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Follow up to last update above,
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we just hit the first and "best" support in this structure

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Zoom in (m1)
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And we have a "Ping" (exact and violent ricochet from fib that one can almost HEAR)

And my rule: "Not all Pings start a Reversal, but Most reversals Start with a Ping"

So lets see if this bounce has legs

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As feared, the bounce was a "wave B"
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Now watching .5655 for possible end of ABC correction.

But of course it all depends on BTC, so lets see.

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ABC done?
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We have a plausible completion of ABC at our golden fib at .5655.

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ABC went just a little deeper than plotted
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BUT notice the bounce on blue fib just below.

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Zoom in (m15)
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PERFECT bounce on the 3.618 ratio fib,
and exactly to the opposite blue fib.

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So is the ABC corrections done?
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I don't know if we can get new highs from here,
but am hoping to reach next golden at .8502.

CAUTION: this could be "Done" forever, so am only scalping now.

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Bounce continues, just hit a "semi-major" fib at 0..7415
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Next is a "minor" ratio at .7831,
then the "major" golden at .8502.
Might get a little dip here though.

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Semi-Major fib at 0.7415 knocked us down:
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Need to evaluate this pullback but that might be it for this bounce.

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Followup to last snapshot above:
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$ 0.7415 turned out to be the local top.
And invalidates the original plot for ABC.
But it might done now, need a closer look.

Zoom IN (m15) and adding a fib for the bounce
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Looks like a pretty good guess for fib of thsi wave.

Adding that to the existing fibs and marking some zones:
снимок We have some areas to watch,
starting with the 6.853 at $0.6194,
and if breaks then .67xx and .70xx.

Lets see if we can hit some of the targets above.

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