If the current uptrend breaks then the candles will look for support on the 1x1 fib ray - I hate to say it but this would also make a perfect inverse h&s, this is a tacky thing from cheap magazines but they do play out sometimes - Unless Roger gets hijacked along the way he could see the 5th arc at the blue band and make chart maths a beautiful thing - The breaking of the 1x1 would humble the price back down to major support
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Unstoppable oO
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Possibly the top happened at $1580, currently quite a rejection candle and its exactly on the 4th arc pair but the day isn't over yet - Bch has to hold support inside the channel or we'll have some downside, support on the fib rays
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After the price stopped perfectly on the 4th arc pair the candles are now moving towards the ascending support of the 1x2 Gann fib ray - Once they strike the 1x2 we should hopefully see a price raise - Breaking down from the 1x2 would leave the red 3rd arc pair and Gann 1x1 fib ray as next support
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Chart finished and masonic maths is an evil but beautiful thing lol - 5th arc is resistance Gann students dont mess with
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The price may well drop a fair bit now - Support on the Bottom of Square beneath the candles, a bounce is possible on the 1st blue band - The price may return to the lower blue band eventually
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Woah quite a reversal, back above the 1x1 Gann Fib Ray - Above the 1x1 is bullish and below is bearish...
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After the last few days of Helium in the coins reality is returning
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Recovering support - You can see now after being accurate the whole time the candles are now floating above/below lines and not as accurate - I have this suddenly happening on few charts - The reason is someone or something has adjusted the Market Fibs, this is why all the price action has become so mysterious all of a sudden - You dont need a tinfoil hat, this is not a conspiracy theory but a real thing, its how the whales stay ahead of us - New charts to follow as soon as I unlock their new maths <><>
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Bch is on support with a healthy looking candle
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The mirror but the other way up
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Bch needs $1160 plus and it can fly - Needs to break this fib
@Cryptologist_Trading_and_ICO, I'd say the very top is the underside of the 1x1 fib ray/261.80 fib at around $1480/$1500
Crypto-Crapshoots
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@Nom_de_Guerre, hmmm yea could be! if that case then it may be forming a massive flag. Then back down to 1150 or 1300 support line and bounce back up.... I been working on learning the Gann. So many loooong videos on youtube. Roger Var been pushing the hell out of BCH
Nom_de_Guerre
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@Cryptologist_Trading_and_ICO, It might also get stopped by the the Top of Square, pause there at least. Money markets normally slump in July so a drop all around is likely at that time - Well done for studying the dark arts of Gann ;)