Let's check how Gann Angles work

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1947 37 19
According to the Gann fan , we should find the first real support only on the 2/1 angle, which means price target at 200-300 USD/BTC.
So, do you think we have reached the bottom by touching 277$ on Bitstamp (and hereby your Gann Angle 2/1) on Jan, 4th? Would love to hear your opinion regarding the price and this awesome chart :)

Amazing how differently the gann fan lines up once repositioned over historic price data. Now it looks like it's are about to bounce hard off the 4/1.
Emanance Emanance
Emanance Emanance
or break it and crash to sub-50s
-1 Reply
Emanance ShortThePlanet
Yeah that also I guess. $11.00 BTC here we come :P
MoonTrader ShortThePlanet
It's almost as if some people are desperately wishing for this to happen...
-1 Reply
MarvinMartian MoonTrader
It's almost as if some people are in at a bad price and are hoping they can talk it up to pull their position out.

-1 Reply
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