Blue horizontal lines are historic resistance/support levels.
Vertical X's are 61 days from break out. I've seen a 60-61 day breakout and consolidation cycle recently as this asset has been fighting to climb.
GANN Fan is from a projected retrace bump and run pattern observed in the recent 60-61 day cycle.
I think people suddenly are FOMOing in and doing all the limit orders they can right now. that's the tug of war between the time-zones playing right now. Soon all these new BTC'ers are going to what these candles and there's going to be a rush in.
I expect fireworks long before the Fourth.
Vertical X's are 61 days from break out. I've seen a 60-61 day breakout and consolidation cycle recently as this asset has been fighting to climb.
GANN Fan is from a projected retrace bump and run pattern observed in the recent 60-61 day cycle.
I think people suddenly are FOMOing in and doing all the limit orders they can right now. that's the tug of war between the time-zones playing right now. Soon all these new BTC'ers are going to what these candles and there's going to be a rush in.
I expect fireworks long before the Fourth.
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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.