BTC's body is ready. I'm long and expecting to maintain this gann channel until the historical trend line is breached, then I would expect this to surge up into the next channel.
Conversely if it fails at it's current level, (at time of writing $238.55 on finex) I would expect a despair drop up to five dollars, with a heavy trigger of margin calls at $230. BTC is cray cray, use your stops.
Good luck!
Conversely if it fails at it's current level, (at time of writing $238.55 on finex) I would expect a despair drop up to five dollars, with a heavy trigger of margin calls at $230. BTC is cray cray, use your stops.
Good luck!
Could be classic $BTCUSD fake-out, though.