Updated

BTC bounce UPDATE 3: or whats left of the bounce

Quick post to map nearby support zones as we retrace the bounce.
Time of post is just before weekly open for traditional markets.
Crypto has been sliding downward all weekend but due for a bounce.

Currently in a "Decision Zone" with contradicting Fib signals.
Blue 4.618 wants to declare end of weekend dump wave.
Red 4.236 denying permission and pointing to red 4.618

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Previous Plots of this bounce:
Possible Bottom: $3850 Ping / Bounce
Bounce Update 1: $6950 top Plotted
Bounce Update 2: $5900 launch caught

Earlier Plots catching every turn:
9.2k Top Call
7.7k Retrace Target
10.5k Top call
9.7k Bounce <= mapped within $10
9k barrier Foretold <= Warning in Time
8475 Top Call <= Mapped within $5
Sub 7k Foreseen
Big Picture Fibs <= the 3 Fibs of Life
14k target call <=Perfect TP
3.1k bottom call <=EXACT 2018 bottom

Note

Close up of the current Decision Zone

Blue 4.618 wants to declare end of a wave.
Red 4.236 wants to deny and direct to red 4.618.
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Note

Blue 4.618 for the Win!

Looks like the blue fib called end of drop wave perfectly

now the blue 2.618 is likely target,
and possible top for bounce wave.
Caution required as we approach it.
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Note

Followup to last Pic above ^^

Blue 2.618 target hit and pierced

pulling back but that pierce opens door to the 2.236 above at $6392.

But currently going into London Open and they often sell first off, especially after Asia pumps. Maybe the London boys will surprise today?
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Note

( ( Ping ) )

And possible end of this particular bounce wave

We may need to reload a little lower before getting past this resistance around 6600
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Note

Ping

will probably go lower, but good to see confirmation of the fib.
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EuroMotif

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the Trading View is my Nation
the Moderator Tag is my Flag

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EuroMotif

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