RACEACEACE BTCUSD BITCOIN XBTUSD TIME?

I believe the bulls have until 21:30 - 23:30 to make a move before a correction. A correction of some sort is most likely to begin around this time. Gann Fan support is currently near 7185, but falling a level lower on the fan would likely send it even lower than that. (Brice is bullish above the Blue. Less bullish above the Red. (It becomes less bullish and more bearish as it falls to the right of the Gann Fan).

I will be closing my long scalp at around 21:30.

Also, the price is at risk of falling below the 2/1 Gann Fan line (Red), which means that it would eventually head down towards the 3/1 Gann Fan line support which is currently a around 7185. At the moment, I believe the price is just stalling, but will eventually make a wick upwards to the 1/1 Gann Fan line (Blue) resistance.

To enter another long, I would prefer for the price to completely fall off the fan and make a new pivot, so that I can draw another fan for a fresh move up. However, a nasty chop is always possible.

I prefer to take profit when I see it. It always adds up.

I do not believe that a short trade is in the cards until at least January 3, 2020 (UTC).

Happy New Year!