Stugazi

Bitcoin is in the pipe, 5 x 5

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Stugazi Uppdaterad   
BITSTAMP:BTCUSD   Bitcoin
We're in the pipe, 5 x 5. Signal is strong.

Obeying the 1x1 Gann Angle overall. Expect up to $100 swings but as long as it stays in channel overall nothing to worry about.

Horizontal lines represent areas of previous support or resistance.

Watch EMA lines to see if sentiment starts to change.
Kommentera:
Bounced off Gann Angle and resistance. Now time becomes a factor in the Gann. Much more sideways action and I expect BTC to feel the weight and visit $870. We must recapture $920 and stay above and keep rising or time favors a drawdown.
Kommentera:
Chart still giving good signals on Buy / Sell. $1170 is a buy.

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