Gann Fan (BTC)

1 พ.ค. 2021

This area here is high risk for entry for longs, wait for at least a 4hour close above this resistance line ratio of 4/1. If we close above we just have one more resistance area to break before we move to all time highs of 70k plus .

Now a rejection here would be a classic bitcoin bull trap and we could see much low levels maybe even a retest of 53-55k. At the moment we have four six hour candles rejected off 4/1.