My view on BTCUSD based on Fib, Gann and SMA
Bitcoin / Dollar BITFINEX:BTCUSD
Analysis of BTCUSD based on fib levels (from 2015 low), Gann fann (from 2015 low, then from 2017 high), and Weekly Moving averages (7 / 20 / 30 / 50 / 100).
We can see a convergence of the resistances (Pink zone) between these lines : Fib 0.786 retracement + 3/1 decending Gann + 1/2 ascending Gann + 100 Weekly SMA .
The Pink zone is somewhere between 4620 - 3990 USD, and the full convergence is aroung the 24th of July 2018.
A close over the 0.65 Fib line or the 2/1 descending Gann fann would invalidate this outcome.