1 scenario (blue) - a tapering triangle is implemented in case of low volume. levels in this scenario: 10K-high. above it, the output of the triangle at 11K. 11K is the strongest level of the growing trend. 8.4K-low.
2 scenario (red) - we are in a flat channel. implemented in case of high volumes. levels in this scenario: 10K-high. 6.5K - low.
If we will see the...
In continue of previous idea. Bitcoin went to the Low border of Gann fan (8K) correcting the previous growth. Now looks good growth at 11K, which coincides with the Fibonacci level 1.6
MACD starts to align, which is a good sign.