So this is my BTC chart, 1 Quarter every candle.
I use the Gann Fann forcheking where are we now and why it is hard to push above the 100k$ and stay above.
So we are cureently in the positive trend, keep grinding higer, in the 1/1-2/1 are of the fann, which is positive.
We could see that every time we tried to cross into the quciker area of 2/1-3/1 of the fann, we were rejected as for that the asset
BTC needs more energy and buyers for that.
So we keep go upward in the trend, and once the big guys will ready they will start push it higher and faster.
This is where i lean to the cross to the next Fann area.
This may be followed by the RSI that will climb and may find some resistence in the trend line.
Having said that,I find the area of 150K$ as the next key level and if we will see Mega Fomo in the crypto we may cross to the 1/3-1/4 area which will bring also oversold areas and we may break the RSI trend line.
Historically BTC may find a top once the 1M chart RSI is around the 90+-
There is long way to go there.
Hope you like my content., you are welcome to share.
NFA
DYOR
I use the Gann Fann forcheking where are we now and why it is hard to push above the 100k$ and stay above.
So we are cureently in the positive trend, keep grinding higer, in the 1/1-2/1 are of the fann, which is positive.
We could see that every time we tried to cross into the quciker area of 2/1-3/1 of the fann, we were rejected as for that the asset
BTC needs more energy and buyers for that.So we keep go upward in the trend, and once the big guys will ready they will start push it higher and faster.
This is where i lean to the cross to the next Fann area.
This may be followed by the RSI that will climb and may find some resistence in the trend line.
Having said that,I find the area of 150K$ as the next key level and if we will see Mega Fomo in the crypto we may cross to the 1/3-1/4 area which will bring also oversold areas and we may break the RSI trend line.
Historically BTC may find a top once the 1M chart RSI is around the 90+-
There is long way to go there.
Hope you like my content., you are welcome to share.
NFA
DYOR
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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.