I am watching this major trendline and Gann Fan for support and resistance.
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we have to look at different ways to suspect. here's another chart with fib. do we think that it will go down now? or there is still room between 6400 to 7400 and 7400 is the resistance in gann fan. I won't short at this time. just watch and waitNote
thinking if I will consider the distance from 3100 to 5100. add 2K to 5100. it's 7100. it's on the fib premium of 6500 to 7400. will it really go down from 6400 or 6500? I reckon that BTC can still go up to 7100Trade closed: target reached
so it went to 7400 and I said here to watch and wait. On the chat I have been saying that once it exceeded 7500 it will go to 8400 to 8700Trade active
at the support. have to look at 1 hour if it exceededDisclaimer
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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.