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MohsenCapital
Apr 6, 2020 11:41 AM

BTC 5600$ Before Rally (Update 1)  Short

Bitcoin / DollarBitfinex

Description

Traders,

Here we have BTCUSD on daily chart.

Previously Marked the bottom in the last idea about btc establishing Gann Method and V Angles you can check it here below and support with like and share.



Now we have a bullish trend formation considering to angles not bottoms and wicks, So what are confirmations that we have here ?

1 - MA 50 Ma at 7.5k levels.
2- 200 at 7.9: 8k levels.
3- ATL angles at the same levels.
4-Pull back is a reasonable scenario here and most probable.

Like if you appreciate this work and follow for more updates.

Regards,

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