Simply Gann square
of price min at 5498 and top at 19857. Various Gann trend Line
levels captured the BTC
price and when broken from top BTC
went down to the lower trend line
able to stop downside pressure for a period. What to say now !! Various indicators as RSI
are bottoming and stay under negative trendline
designed on the graph, so in my opinion market is bottoming too, but downside pressure is strong enough to retrace all the movement to the origin at 5498. Now we are in contact with 1x4 line which could be broken in favour of lower price reaching 1x8 line. Condition for a reversal pass trough a clean break of negative trendline
on indicators. Stay tuned and look for trend reversal.
"A picture is better than thousands words"