BTC approaching next Genesis level at 45,163. Will it hold?

15 May 2021

Quick heads up regarding key levels to watch.
The Genesis Fib has been spot on with all turns.
Each level has been a battle in both directions.

52.8k was the Major support to have held.
49.1k was the nearest support which tried.
45.2k now the next hope for a bottoming.

.

I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".

My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess

.

16 May 2021

Not

Here we are

45,163 per the Genesis Fib

Zoom IN (1min) wow, cant get any more precise than that!

But will it hold? Hard to say, but at least a dead cat bounce.

============================================================================================

.

16 May 2021

Not

45,163

Bulls trying again wow, what a battle!

============================================================================================

.

17 May 2021

Not

Here we are again.

Not looking good

============================================================================================

.

17 May 2021

Not

What a ride!

Back to the 45,163 tradingview.com/chart/InQFeLzD/ and looks likely to orbit for a bit.

==============================================================================================

.

17 May 2021

Not

Opps, bad paste, Image of return to the fib in question s3.tradingview.com/snapshots/2/2aNSczTX.png

==============================================================================================

.

17 May 2021

Not

Argh, try again:

and Zoomed IN

==============================================================================================

.