I am watching this major trendline and Gann Fan for support and resistance.
Comment:
I was thinking if 6400 or 6500 is the resistance and that if it will break BTC can go to 7.800. a trader a show how he wants it to be. sometimes we have to adjust and see the probabilities when we are watching the market. anyway I tried to see what if I adjust my gann fan and not consider the wick. It shows that we are not on the resistance of the gann fan yet but can reach 7400 or 7500
Comment:
we have to look at different ways to suspect. here's another chart with fib. do we think that it will go down now? or there is still room between 6400 to 7400 and 7400 is the resistance in gann fan. I won't short at this time. just watch and wait
Comment:
thinking if I will consider the distance from 3100 to 5100. add 2K to 5100. it's 7100. it's on the fib premium of 6500 to 7400. will it really go down from 6400 or 6500? I reckon that BTC can still go up to 7100
Trade closed: target reached:
so it went to 7400 and I said here to watch and wait. On the chat I have been saying that once it exceeded 7500 it will go to 8400 to 8700
Trade active:
BTC right now is around 7900 and I am looking at 8400 and even 9300 and 9800
Comment:
Ill be waiting for exhaustion gap on this
Trade active:
at the support. have to look at 1 hour if it exceeded