Bitcoin_Altcoin
Long

Short term Gann begining 9/6

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
291 1 0
As you can see we are currently trying to break through the 3rd line and 4th arch. You can also see a double top at the 4th line (150), this could be a bearish indicator. However, the 14/21 DEMAs have historicaly been a better indicator of price than other "traditional." Those are still bullish , and thus, so I am.

*update - As I was typing this a whale came and pushed the price to 145 for the third time in the past 24 hours...
DavidNejeral
3 years ago
I followed your advice. Thank you.
Reply
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