As per gann time rule BTC trying to reverse but there is not necessary that this reversal may sustain because time can vary.
1 sustainabily will depend on this low should not break for next 5 days as per my knowledge.
2. Here is a trend line in blue colur which may work as support.
3 If you see this chart there is a pattern ploted in which D is almost 50% of BC.
4 In this pattern A is previous swing high working as support .
5 You can see orrange arrow which is time taken to form this pattern.
remember this is not my buy/sell call.
1 sustainabily will depend on this low should not break for next 5 days as per my knowledge.
2. Here is a trend line in blue colur which may work as support.
3 If you see this chart there is a pattern ploted in which D is almost 50% of BC.
4 In this pattern A is previous swing high working as support .
5 You can see orrange arrow which is time taken to form this pattern.
remember this is not my buy/sell call.
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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.