Golden-Dragon

Bitcoin Day Trade Update#2 - Don't you ever tame your demons.

KRAKEN:XBTUSD   XBT / USD
Hi, today we are going to talk about Bitcoin and in a Day Trade opportunity.

We observe that the price it's realizing a compensation movement of a more embracing movement, beyond that we have Gann set up inside this perspective showing us where the Bear defense could be allocated, above the price showed into the chart. Gann on this perspective showed a great strength while holding the price in an old resistance that now becomes support of traction.
The targets for the possible movements are under the Fibonacci watch, an excellent place to realize such trades.

Thank you for reading and leave your comments if you like.
Comment: Target 1!!! Done !!!
Trade closed: target reached
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Good setup! Rather bearish scenario for BTC, If it is unable to break R1 and R2, we might see further falls.

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