Lets get in our LearJet and go up to Btc's altitude - Before you lose your mind on the Dom Perignon have a look out the window and see the line of support we are on originates from the Btc peak of over $800 on June 1st 2016 - I don't believe in Coincidence Theories - To put this another way - I'm an alt trader, I swing trade off small timeframe Gann charts all the time, if you follow my trades you know it works. The way i look at it if these were hour candles i'd be seeing ..... <><>..... A breakout that has consolidated nicely on major ascending support, a bull pennant complete with pole thats going to pop hard in the next couple of candles - I will link a chart to this that shows the temporal line we are about to cross around the monthly candle and the ascending support that is approaching - I believe Btc rallies at some point in June to somewhere between $11600 and $12,100 - Then Btc slumps in July - Then Btc hits
23K at Xmas and this time the prices of Btc, the major coins and the solid low cap coins consolidates much higher......and stays there <><> Watch out for the end of July <><> Whatever you buy there will make you rich
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.