The Gann Fan indicator on Bitcoin's 1 day chart seems to fit quite perfectly. And it's very important to notice that it's been following this Gann Fan line since early 2018 ! That's over 2 and a half years . So we can guess it may keep following this line . I'm not expecting to wick to the top of the Gann yet near 15k . But there's a strong resistance line near 12k , and there's also a CME futures gap near 118xx . I expect we fill that gap , and perhaps wick to 12k . I'd expect some retrace at that point. But let's see . Also it was pretty exciting to see Bitcoin quickly pump over 11k earlier today !
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Btc hit 118xx area and it seems the former CME gap is closed now , also we hit a TdSeq9 in green - I still think we may wick to 12k but most guys are expecting a retrace soon .
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😃 Join shimmeringpath's friendly free
Telegram chat here : bulls and bears both welcome !
t.me/CryptoRisingTradersChat
Telegram chat here : bulls and bears both welcome !
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Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.