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EuroMotif
19 de Mar de 2022 15:28

ADA bottom in? Bounce off major Golden fib into 1st Target zone 

Cardano / TetherUSBinance

Descrição

Cardano looks to have finally bottomed.
Long accumulation at a Golden Genesis fib.
Lift off has decent fib rhythm, a good start.

$ 0.9063-9084 is 1st target and possible wave end.
$ 0.0645-9709 is 2nd target and quite achievable.
$ 1.0764-0766 is 3rd target and likely MOVE ENDER.

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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:

Chapter 2:

Chapter 3:

Chapter 4:

Chapter 5:

Chapter 6:

Chapter 7:


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Comentário

TP 1 hit!

Nice clean push into first resistance


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Zoom IN (1 min) for a close look at the zone
CLEAN break and retest on micro scale.
Could retrace from here, but this looks good.
I think we continue to TP 2 soon.

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Comentários
BlackBirdTrading
Good stuff! Thanks for your insights!
GeneralGous
What sorcery is this :) ? I had a look at your collection of ideas and I found them very intriguing. Your 1.0 steps or "ripples" all the way up to 9.168 is something I am going to study a bit further. I'd like to consolidate your ideas a bit and I know that there are most likely going to be a couple of questions. Would it be ok if I could contact you some time via a PM to clarify some of your ideas?
EuroMotif
@GeneralGous, Hello and thanks for your feedback.
The "Sorcery" is from the Golden Ratio, the underlying fabric of the entire universe IMO.
From the lengths of your finger bones, to the arms of a spiral galaxy and everything in between, the Golden Ratio defines it all.

You are welcome to PM with any further questions about my concepts. It may take me a day or two to respond, but I will .....
harpazo
Good stuff! Thanks for your insights!
convoluted
Just wanted to say that i thibk what you do is truly an art form. Its fascinating and your work is pretty underrated it seems. Im going to go through all of your education
EuroMotif
@convoluted, then you very much.
I give all credit the Golden Ratio, and feel blessed to have stumbled onto it so I share it as much as I can.
Please do take a look at my "online book" linked above, the concept works on all assets and all timeframes.
HHSPN
Nice call.
EuroMotif
@HHSPN, ty friend
ngunghocnguyen
You said “move end”. Does it mean it will have serious correction ?
EuroMotif
@ngunghocnguyen, yeah, I would expect a serious correction from $1.07 area.
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