tawhid87

A observation of Gunn square and BTC ranging with volume

BITSTAMP:BTCUSD   Bitcoin
We can see a push without any volume. and couldn't break angular resistance.

Scenario 1
next 50 days we see a range over 35k and a volume of 400k making squeezing pattern and cross virtual resistance of gun square which can start next parabolic run.

Scenario 2
We see gradual ranging with low volume till end of sept and it cross the resistance with time.
according to gun box next massive support below 29 would be 21.5k although I don't see it going below 24K

PS - Please do your own analysis before investing its just for educational purposesonly.
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.