MJC77

MJC77

Keep an eye on the price action as it unfolds inside the second projected rectangle - we may be in for some symmetrical surprises!

MJC77

By looking left, we can tell what may happen in any given market. With Bitcoin, one scenario is what happened around 24th October, 2015. Just after a Golden cross, price spiked some 75%+ in near oversold conditions, then dumped and the similarities with today's chart are striking. A 75% spike today, will take us near Bitcoins previous high. Will this play out? I...

MJC77

I have a lot to learn but there is a symmetry in the market which I’m discovering as a Gann student. One of the things you can do is find a significant high and low, box the price in, draw a couple of diagonals and a cross and an angle from the bottom left corner. Bitcoin's price action seems to be respecting the angle which I’ve put in red. If price falls below...