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HanCrypto
Jan 26, 2018 8:13 PM

$BTC Downward Trend Continuance - Gann Fan 

Bitcoin / United States DollarCoinbase

Description

BTC continues its downward trend, traversing under the Kumo cloud, bouncing off the 2/1 Gann Fan level of resistance multiple times plotted from the previous ATH of 19K.

Wait for a clear break of the 2/1 Gann Fan and & definitive breakout of Kumo cloud before assuming any long position. An ABC correction following the completion of the Elliot Wave may also signal a move to the upside.

Hold on to your butts!
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