Looking from the Gann fan aspects, angles and patterns along with the fib, using solid price action we are going to make the best out of bitcoin today!
If bitcoin bounces and closes above 10,440 then this can put the bitcoin bulls back in control and open the door to potential further gains - and likely upward trend towards $11,500 and $14,200. A move above 10,440 also means that the wave 2 correction is likely over and that the wave 3 higher is starting.
If we head lower than $8300 and start new lows expect further downside action
im pretty bullish right now and have made positions accordingly, tho if the lows do appear then im stopped out below $8300 and be looking towards possible market shorts, albeit very risky shorting bitcoin at this price, id rather get a good dip buy instead
3rd option, sideways action between these previous levels and btc accumulates
peace up and have a powerful week...
come join us in our telegram room and very soon discord!
If bitcoin bounces and closes above 10,440 then this can put the bitcoin bulls back in control and open the door to potential further gains - and likely upward trend towards $11,500 and $14,200. A move above 10,440 also means that the wave 2 correction is likely over and that the wave 3 higher is starting.
If we head lower than $8300 and start new lows expect further downside action
im pretty bullish right now and have made positions accordingly, tho if the lows do appear then im stopped out below $8300 and be looking towards possible market shorts, albeit very risky shorting bitcoin at this price, id rather get a good dip buy instead
3rd option, sideways action between these previous levels and btc accumulates
peace up and have a powerful week...
come join us in our telegram room and very soon discord!
