follow up to my last TA have a look below.
Its the end of the line ,either bitcoin forms a double bottom or W pattern formation or its over short term.
Bitcoin can't seem to break 4/1 Gann , never seen such strong resistance coming out of a Gann its like slamming into a brick wall.
If we do break this support I do not see how a May cycle top will come in this year instead it will be reversed and it could be a bottom of the new cycle.
Its the end of the line ,either bitcoin forms a double bottom or W pattern formation or its over short term.
Bitcoin can't seem to break 4/1 Gann , never seen such strong resistance coming out of a Gann its like slamming into a brick wall.
If we do break this support I do not see how a May cycle top will come in this year instead it will be reversed and it could be a bottom of the new cycle.
Note
another bounce off the blue fig log Note
W pattern played , well god damNote
GM
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.
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.