We can notice first of all head and shoulders and that was the reason for the last uptrend
If we count the distance from the head till the nick and we count it after passing the nick we can see that our first Goal on btc is at 105k so there will be the best Goal if it didn’t reflect from 99k which is a cluster of 270 and 540 angle of gann star counting from 3782.13 and 49k
Second thing is the volume, we can see that for the current uptrend the volume is going down so there is weakness with this trend so we are expecting a correction and the next correction will tell us if it will go on or it will be it’s last station
The last thing is that there is a trend line from last two tops till the current high and we can see that it closes as a daily candle three days above it but if we check on the weekly candle we can see that by the ending of this week it needs to close below it if it’s gonna be the last station but if it closes above this trend line I think that we will see continuing for the uptrend
btcupdateBTCUSDbtcusdanalysisBTCUSDTChart PatternsGannTrend Analysis

Also on:

Disclaimer