AS we see , BTC now is going to 5500 and then we have two prospects
1- IF BTC stable on 5500 then he may rebound from it
2- IF BTC close one candle of day under this level(5500) then he will going to 3000-3500
what i need to say that the last target for BTC is 3000-3500 which it is 360 angle according to Gann analysis !
Follow Me Please To Encourage Me...
BTC is in Downtrending and Not finshed From it yet !!
BTC trying to make lower lower (LL) and Lower Higher (LH)
The first Target is 5200
We must break the down triangle trend to finish this story , anything else we'll still in a downtranding
We will Update from time to time
ETH/USD touch the bottom border of the channel and touch the broken trend
Now we can see a small correction from 280 to 350 to touch the broken support before landing :D
Entry level : 280
Target: 350 (25%) or you can collect your profit at (10%)
Stop loss : 250 (10%)
As we see ,,
BTC is now facing a lot of difficulties like
A strong and important Sypply Area That We should take it into account
Two of (DOWN TRENDS)
These difficulties may make BTC to make a correction to the (UP TREND )
BUT Before we take a decision we should wait a negative candle First !
Be aware !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Make Stop Lose Above...