EuroMotif

BTC Support and Resistance zones: short term Bottom?

EuroMotif Mod Обновлено   
COINBASE:BTCUSD   Биткоин
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.
Комментарий:
Nice breakout of the cluster.
Up ahead is a resistance zone.
Комментарий:
.
The beauty of FIB based support/resistance.
Notice the rejections at 7595.xx, NOT 7600 even, but based on a Fib Resonance
Комментарий:
Still stuck in the Fib zones.
Комментарий:
Give me a ping Vasily, ONE ping only please
Комментарий:
Testing bottom band again, probably will not hold this time
Комментарий:
Each energy level acts as a magnet, sometimes attracting sometimes repelling

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