BTC meets support of the Gann Fan... Will it hold?Wanted to highlight a support that some may not see. Drawn from the thus far bottom, these are the Gann Fan lines for bitcoin. There are many touches within all of the lines, so I think it is very reliable... Further, I can not interpret the price movement as bullish at this time, as the action should be above the 1/1, not below, and not only below, but testing final support. Not good for bitcoin if it does not hold.
Of course, you could draw the 1/1 line at 2/1 and have another support level from this angle. Hope the perspective helps in your setups.
Travis
JMJ - UIOGD
