On the star, we notice that the pivot point has become at a price of 132K.
The box pattern acts as a support when the price is below it and as a resistance when the price is above it.
Look at picture number 2, the daily frame shows you the resistance after we hit it and it dropped. Notice the candles at our first box 🤝
#gann# 👁️
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Bitcoin 👇
On the star, we notice that the pivot point has become at a price of 132K.
The box pattern acts as a support when the price is below it and as a resistance when the price is above it.
Look at picture number 2, the daily frame shows you the resistance after we hit it and it dropped. Notice the candles at our first box 🤝
#gann# 👁️