gaby974

Gann Study on Bitcoin

Long
BITSTAMP:BTCUSD   Bitcoin
Gann study reveals that we have a support on the trendline and no major resistance untill 8500 9000. We have some free room for a long if you are bulls.
If any sign of failure near this purple line, take this as short opportunity it s a strong resistance.
Notice that the start of october and the end of october will offer two period of wild volatility.
You can trade longs until there with appropriate risk management and stops.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.