Hi all!!
Good day!
Bitcoin sideways movement for almost a week.
Are you still worried on deciding whether it's the uptrend or the downtrend ??
This post uses some simple technical analysis with the tool "Gann Fan".
When the price action takes sideways movement for a while, and didn't respect the drawn trend lines, use Gann Fan, which will show what's happening.
As simple as that!!
Red Zone is accumulation zone. Keep Stop Loss just below the red zone.
Multiple Resistances are the Take Profit levels.
For more updates, follow me here.
~RPS~
Good day!
Bitcoin sideways movement for almost a week.
Are you still worried on deciding whether it's the uptrend or the downtrend ??
This post uses some simple technical analysis with the tool "Gann Fan".
When the price action takes sideways movement for a while, and didn't respect the drawn trend lines, use Gann Fan, which will show what's happening.
As simple as that!!
Red Zone is accumulation zone. Keep Stop Loss just below the red zone.
Multiple Resistances are the Take Profit levels.
For more updates, follow me here.
~RPS~
#Stralines is a software automation tool. You select or build strategies, set your own risk, connect your exchange, and choose automated execution. Not financial advice; we never manage or hold your funds. Trading carries risk of loss.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
#Stralines is a software automation tool. You select or build strategies, set your own risk, connect your exchange, and choose automated execution. Not financial advice; we never manage or hold your funds. Trading carries risk of loss.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.