This is a very nice looking chart to me. Akash recently broke above a price high from 2 years ago and pulled back nicely to the 21 period MA. The rounded shape of price action over the last couple years looks very nice & is likely to continue quite a bit higher in the coming months. The long top side wick on the current candle (Apr 23, 2024) is a bit of a...
Gann Sq of 9 remarkably relevant, as usual. This is the BTC Daily chart -- the purple lines show the Gann Square of Nine pivot points based on a reference low not seen in the chart. The point is to see how every Gann level is a battle ground for price movement.
The purple lines are Gann Square of 9 levels. This is a daily chart, and you can see their relevance. On the hourly time frame its quite striking how reliably price action uses these levels as support and resistance. Dare I say all battles are on one of these levels (not every level, but each flop from resistance to support is on one of these levels). The...
The Nov 14th daily closed above the 16,200 horizontal support level of the Gann square. Given the proximity to the arc and the next vertical 'time' interval, its likely BTC will go sideways until the 20th and up to the 23rd possibly. The 3 day candle pattern is bearish, so a touch up to the arc and a break below 16,020 in the today or tomorrow is also reasonable,...