When the price breaks above a Gann Fan resistance from the pivot high as it has just done when it broke up past 9575 bitmex price, it likes to PUMP and then DUMP.
WARNING: LONG STOPS IN PROFIT.
Previous examples of when the price broke above such a Gann Fan resistance line and did the pump and dump are circled in yellow.
The nearest resistance is 9845. 10100 above that Soft support is 9645 Real support: 9455, 9310
THIS IS AN OLD AND MESSY CHART. I'M SORRY FOR THE MESS, BUT IT WORKS.
STAY SAFE!
ALSO, I BELIEVE THAT FRIDAY-SATURDAY WILL BE THE MOST BULLISH PERIOD OF THE WEEK. I ALSO DO NOT THINK ANYONE SHOULD BE SHORTING ANYTHING UNTIL AT LEAST AFTER SATURDAY OR MID-DAY SATURDAY.
P.S: DIDN'T I TELL YOU THAT THE PRICE WOULD BEGIN ITS RUN UP ON TUESDAY?