BCHUSD Support will be penetrated
Updated
As you can see I'v already spotted the resistance area on chart.
Don't be fooled by indicators.
Now The gann square is here.
5d 10d measure time.
1/2 is from my silly use of gann line. IDK what it is so it's a mysterious spot.
Seems it just a cycle. Then we should know that The gann angle is a measure tool ;-)
It's must not be the resistance speed line. The speed line is just divide price by some ratio.
But gann square is called the time & price calculator.
I'm still not sure what 1:1 line means and how to correctly put it.
Don't be fooled by indicators.
Now The gann square is here.
5d 10d measure time.
1/2 is from my silly use of gann line. IDK what it is so it's a mysterious spot.
Seems it just a cycle. Then we should know that The gann angle is a measure tool ;-)
It's must not be the resistance speed line. The speed line is just divide price by some ratio.
But gann square is called the time & price calculator.
I'm still not sure what 1:1 line means and how to correctly put it.
Note
Trend line is break. Small trend is over. Price now should be paused.Note
Sharp rally is expeced.Note
Yes the support will be penetrated. It will only happen in right time.That's when this rally finally end.
We should observe price carefully. This is the last short point and the safest entry for short.
This 1st is macd signal or the confirm of your signal. Use your way, don't ask me how to confirm your signal ^-^
2nd is the small mid-channel pause.
And 3rd is now. The bigger mid-channel pause come.
Note
s3.amazonaws.com/tradingview/snapshots/o/onFlCtdr.pngGive you guys a gift.
My manual drawn FLD. ^_^
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