BTFD Bitcoin/Dollar: Gann Fan and Price updates 20 November 2017
Carrying on with the 1hr chart from a couple of days ago, will keep this ongoing...
Again we saw a rather dovish push of an A.T.H from bitcoin as it completes the Cup and Handle formation perfectly
Creating a new Gann Fan at the last double bottom candle we see that the bullish moves become apparent that it kept the bullish sentiment within the areas of the Gann fan as it completed the formation before breaking down to form the handle, the last part...so beautiful to see it play out :) Hope people took full advantage :D
So BTC pushing onto $8200 area after a Golden Cross formed on the Moving Averages, Mcap will show if its got the legs to go more, otherwise i predict a small breakdown to under 8k and furthermore providing good plays if wishing to enter, again using the trusty Gann Fan to predict where Bitcoin will provide support and possible entry levels and BTC movement as shown by the arrows
RSI overbought, currently looks obvious to where we are going for next few hours and Mcap will confirm this
i do see a 5k BTC on the cards soon, so not overly bullish but respecting the trend for sure
any questions or help required plz come join me and the BTFD community on telegram: t.me/BTFDdotCom
ride the waves of crypto success!!!
peace
majorlee
Again we saw a rather dovish push of an A.T.H from bitcoin as it completes the Cup and Handle formation perfectly
Creating a new Gann Fan at the last double bottom candle we see that the bullish moves become apparent that it kept the bullish sentiment within the areas of the Gann fan as it completed the formation before breaking down to form the handle, the last part...so beautiful to see it play out :) Hope people took full advantage :D
So BTC pushing onto $8200 area after a Golden Cross formed on the Moving Averages, Mcap will show if its got the legs to go more, otherwise i predict a small breakdown to under 8k and furthermore providing good plays if wishing to enter, again using the trusty Gann Fan to predict where Bitcoin will provide support and possible entry levels and BTC movement as shown by the arrows
RSI overbought, currently looks obvious to where we are going for next few hours and Mcap will confirm this
i do see a 5k BTC on the cards soon, so not overly bullish but respecting the trend for sure
any questions or help required plz come join me and the BTFD community on telegram: t.me/BTFDdotCom
ride the waves of crypto success!!!
peace
majorlee
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