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RajiRajendran
Jan 17, 2018 6:19 AM

@ Comfort. Long

Bitcoin / United States DollarCoinbase

Description

Comments
JoshuaRamirez
Do you have a good resource for learning that fib arc tool?
RajiRajendran
JoshuaRamirez
thefurleyghost
wtf am i looking at??? add more lines bro we can still see the price action
RajiRajendran
@thefurleyghost,

as long as it trades above the resistance line uptrend continues. suppose if it breaches the resistance line we get a chance to buy or accumulate at the support line. below the stop loss some more downside is possible. around 0.786 double arcs are seen. that must be the resistance. if that is breached and trades above then we get one more upside confirmation. you can refer previous gann square charts and get an idea how it bounce back from the lower side. its continuation of that chart.
JoshuaRamirez
@RajiRajendran, Thanks for the explanation
thefurleyghost
@RajiRajendran, thank you sir. very interesting
RajiRajendran
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