TrueGann

The path of the falling knife - Part one

BITFINEX:BTCUSD   Bitcoin
Yellow channel should be the bounce point.
I DO NOT recommend buying / shorting now. Instead wait for the trend to develop and buy when there are good signs of an actual reversal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.