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<blockquote data-quote="Deepdiver" data-source="post: 1409726" data-attributes="member: 4603"><p>BTC Surged to a new ATH this week at 21,396 hovering around 2,200 points up for the week.</p><p></p><p>Next Resistance/Support targets are now the next Fibonacci extensions (Broke above 21,072 Fib Extension1.618) at Fibonacci Extensions 2.618 at 31,746, 3.618 at 42,419 and 4.236 at 49,015</p><p></p><p>Will see where this week closes and develop a new trend channel from the Major B Wave low of 3,858 on the week of 9Mar2020. This would be a new Major ABC up move in classic 5-3-5 wave fashion - alternately since the previous down trend was broken could be an even larger 5 wave Up in direction of Trend - currently continuing massive impulse move up... top of this move likely a Fib Extension 2.618 with a likely .382 (inverse of .618) retrace as the likely B wave correction before continuation of impulse up. ABC now a component of Larger 5 Wave up in direction of Major trend up in minor 5-3-5-3-5 pattern.</p><p></p><p>[ATTACH=full]27734[/ATTACH]</p></blockquote><p></p>
[QUOTE="Deepdiver, post: 1409726, member: 4603"] BTC Surged to a new ATH this week at 21,396 hovering around 2,200 points up for the week. Next Resistance/Support targets are now the next Fibonacci extensions (Broke above 21,072 Fib Extension1.618) at Fibonacci Extensions 2.618 at 31,746, 3.618 at 42,419 and 4.236 at 49,015 Will see where this week closes and develop a new trend channel from the Major B Wave low of 3,858 on the week of 9Mar2020. This would be a new Major ABC up move in classic 5-3-5 wave fashion - alternately since the previous down trend was broken could be an even larger 5 wave Up in direction of Trend - currently continuing massive impulse move up... top of this move likely a Fib Extension 2.618 with a likely .382 (inverse of .618) retrace as the likely B wave correction before continuation of impulse up. ABC now a component of Larger 5 Wave up in direction of Major trend up in minor 5-3-5-3-5 pattern. [ATTACH type="full" alt="1608157253657.png"]27734[/ATTACH] [/QUOTE]
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