Steffro

GANN SQUARE Reversed on BTCUSD (Bitstamp)

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BITSTAMP:BTCUSD   Bitcoin
I just found this reversed Gann Square and reversed Gann Fan which looks quite interesting. Note how the 2/1 line is never crossed.
Komen:
I think we're on a possible pump currently:

Komen:
If so look closely to the green arc. If it breaks through this one it could be a good indicator of a new rally!
Komen:
Komen:
This is how I see it now:

Komen:
We are entering the buy zone! Which path will it take next?
Komen:
I don't have any picture but it is quite cool to see how it bounced the outer arc just for some couple hours ago. It is looking very good right now!
Komen:
Here is the situation I told about yesterday:

Komen:
Seems like it going downwards again currently..
Komen:
It is cleary going below the outer arc, heading to the "sell zone".
We also see that it is below the curved line (the red one) - a good sign for a squeeze very soon?

Komen:
It is breaking through the arc again currently - will it be strong enough to stay above this time? I've added max and min curves + local trend line.

Komen:
Komen:
Getting critical!

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