Steffro
Long

BTC Short Term update part 3

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Local Gann arc iii is still active.
Triangle pattern might still be active (I've added a new bottom line in this case)

The descending neckline from earlier H&S pattern might work as a support line in current position.
Additional, we also have the old bottom line from part 1 and 2 that also might work as a support line.

Local wave A and B might be completed already. If not, it might appear as drawed.

Part 2:


Part 1:


Long Term:

Comment: Pretty bad start on the Gann idea.
It is still testing the bottom line although.

Comment: Breaking the bottom line...
Comment: Possible scenario:
Comment: Testing the neckline currently.

Comments

Boy were you wrong. Chart on 4 hour. Easy to see we have been trapped in trend lines for weeks
Reply
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