Trend angles based on Fibonacci Retracement of Trading Range, breaking below current low is bad but angles will still stay valid nonetheless.
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Each angle you see acts as resistance or support based on the direction where the trend comes from. The 0.114 and 0.886 angles in red are great to open a short or long. This is also true for the blue angles 0.295 and 0.705.
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Daily looks bullish
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Possibly 7400-7700 looking at MACD and Stoch RSI
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We hit the gann angle!!!
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It's above the gann angle! Testing top of cloud for first resistance.
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Next real gann resistance is at the red 0.886 uptrend line which we broke or the blue 0.295 downtrend line.
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Bitcoin grinding against the top of red cloud
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Hitting or first strong resistance gann angle here! The blue line is acting as strong resistance atm.
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Blue gann resistance angle being respected.
Trade aktif:
2.618 the golden number?