Hello Dear Friends,
What we have on this chart as i know it looks too crowdy is :
1st we had the uptrend cycle from 2020 Bottom 3850
Bitcoin Finished its cycle to top of 2022 at 68k
Jinny Gann Draw The Fan for that Uptrend which will be respected for a very long time.
Green Trends are from that 2020 Rally. will work as support/Resistance as price goes.
--
Then We have Red trends started of the top of 2022 .
--
cyan Horizontal lines marks the Important levels .
will update this chart when we close above the 2022 top. only then will have a target at 105k.
you should zoom in to present timeframe ..and look for price action between the lines.
Good luck
What we have on this chart as i know it looks too crowdy is :
1st we had the uptrend cycle from 2020 Bottom 3850
Bitcoin Finished its cycle to top of 2022 at 68k
Jinny Gann Draw The Fan for that Uptrend which will be respected for a very long time.
Green Trends are from that 2020 Rally. will work as support/Resistance as price goes.
--
Then We have Red trends started of the top of 2022 .
--
cyan Horizontal lines marks the Important levels .
will update this chart when we close above the 2022 top. only then will have a target at 105k.
you should zoom in to present timeframe ..and look for price action between the lines.
Good luck
Time is more important than price. When time is up price will reverse." – W. D.
and if closed below you have another support area at the green trend 48670
even retesting the red Trend is ok.
Next near resistance 54625 then the 56191
Best wishes for you all.
Good luck