BitcoinLong
$BTC layout on the 1D
So im trying some examples with some new color layouts to find something different that i like lolz
Anyways WE have two GANN FANN here one on the top at 19k the second one at the bottom at 1825
The ganns represent a goood picture in the long term for right now coming from the top we are very close to breaking 2/1 gann level which is a very bullish indicator and gives us plenty of space to make a little run. But on the contrary we haven't bounced on 3/1 gann from the bottom yet which typically means we might still have blood coming but maybe just not for a few weeks because eventually it will have to be bounced on.
In the red channel we have a bull flag which is giving some nice pressure towards helping breaking that Key gann level of 2/1 also noticed that we bounced on the red trend line from the top before the downtrend started
SO to conclude for the mid term I could see us breaking out over the next few days especially if some volume comes in and we will make a nice run to the top of the pennant of the black dotted lines and either get rejected and come back down to the 3/1 gann level from the bottom point or break through the pennant and challenge the GAnn level 3/1 from the top point
Anyways WE have two GANN FANN here one on the top at 19k the second one at the bottom at 1825
The ganns represent a goood picture in the long term for right now coming from the top we are very close to breaking 2/1 gann level which is a very bullish indicator and gives us plenty of space to make a little run. But on the contrary we haven't bounced on 3/1 gann from the bottom yet which typically means we might still have blood coming but maybe just not for a few weeks because eventually it will have to be bounced on.
In the red channel we have a bull flag which is giving some nice pressure towards helping breaking that Key gann level of 2/1 also noticed that we bounced on the red trend line from the top before the downtrend started
SO to conclude for the mid term I could see us breaking out over the next few days especially if some volume comes in and we will make a nice run to the top of the pennant of the black dotted lines and either get rejected and come back down to the 3/1 gann level from the bottom point or break through the pennant and challenge the GAnn level 3/1 from the top point
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