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Bitcoin Sideways Movement Explained
Hi all!!
Good day!
Bitcoin sideways movement for almost a week.
Are you still worried on deciding whether it's the uptrend or the downtrend ??
This post uses some simple technical analysis with the tool "Gann Fan".
When the price action takes sideways movement for a while, and didn't respect the drawn trend lines, use Gann Fan, which will show what's happening.
As simple as that!!
Red Zone is accumulation zone. Keep Stop Loss just below the red zone.
Multiple Resistances are the Take Profit levels.
For more updates, follow me here.
~RPS~
Good day!
Bitcoin sideways movement for almost a week.
Are you still worried on deciding whether it's the uptrend or the downtrend ??
This post uses some simple technical analysis with the tool "Gann Fan".
When the price action takes sideways movement for a while, and didn't respect the drawn trend lines, use Gann Fan, which will show what's happening.
As simple as that!!
Red Zone is accumulation zone. Keep Stop Loss just below the red zone.
Multiple Resistances are the Take Profit levels.
For more updates, follow me here.
~RPS~
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