See comments on the chart. I find Gann fan amazing to use to look for resistance and support. Even those from previous years are still active and all that I placed in different highs and lows are in harmony. I am thinking if BTC will touch the last line or break it. It breaks the price will go back to 3100. Anyway, before we look further down, I wanted to see if BTC will break 8400 and 8100. If not, let's look the resistances further up along with other horizontal resistances and fib levels. On the other hand, if I will consider 3 peaks and a doomed house, I think that the price of 10K is just a retracement #27 to go down straight above and near the bottom of 3100 . The last line of the gann fan might act as a support. If not, we might see 3100 again
تعليق:
I added a fib resistance line on it to see where BTC is moving
تعليق:
adding fib
1/3 = 13,225
50% = 9921.50