Steffro

A bearish idea on BTCUSD

Short
Steffro Updated   
COINBASE:BTCUSD   Bitcoin
A possible bearish move on BTCUSD using Gann Square. Target point 4600$ arround 4. of July :)
Comment:
The stop loss I picked was probably a bit low but it is cool to see how it follows the arrow :D
Comment:
Even I have some new ideas on BTC, I think this idea is still important to look at. All the lower points are aligned with the arc + the Gann lines as well. Yes the target was a bit early, but it could give us a clue where the next squeeze will be, and maybe even the bottom (!).

Below is my earliest idea on BTC (a bit lower target):

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.