BTC Fib Support and Resistance zones: Updated May 26th

27 Mei 2018

These bands are derived from my analysis of the Fibs.
I use both Retracement values as well as Extension values.
Lately the Extensions are proving more accurate.

27 Mei 2018

Catatan

Fib Resonance Bands doing their thing

28 Mei 2018

Catatan

Trying to break out of the zone:

29 Mei 2018

Catatan

Approaching the next support zone, the crucial 7k

29 Mei 2018

Catatan

Might that have been the bottom?
I am thinking not. I think that 5.618 needs a good hug, and then a kiss of the 6.618 before the real bottom reveals itself.

30 Mei 2018

Catatan

The Fib Bands are holding price at each line exactly still.
I am now recalculating zones (not much changed in this range but others)

31 Mei 2018

Catatan

BTC still paying attention to these fib lines

31 Mei 2018

Catatan

Amazing action around the Fib zones

31 Mei 2018

Catatan

Another Fib zone doing its job PERFECTLY

1 Jun 2018

Catatan

Update: the latest Fibs have shown me a new zone.
(of course price is already there, but that is not how they were drawn, see green fibs to left)