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CaptBlackBeard
Jan 21, 2023 4:31 PM

Copy of BAT keeper Chart with DWEB trend Gann fan added.  Long

Basic Attention Token / TetherUSBinance

Description

See original below with DWEB trends turned on. DWEB trend nodes are marked with red shaded circles. The Gann fan simply connects nodes at a 1/1 ratio.

This should prove to be an added tool for price prediction.

What to watch for in terms of price action:
  • Price captures trends?
  • Price respects/follows or rejects/fails trends and retest?
  • Look for patterns and make buy/sell thresholds.
  • How does price react at each crossing at each drawing?


    • Trade confluence and confirmation based on your timeframe and risk limits.

      Long-term outlook I want to build longs only if I see confirmation and confluence across multiple charts.

      See link to part 1 (private chart )

Comments
behdark
I read your analysis carefully,it was helpful
CaptBlackBeard
@behdark, Thank you
SwallowPremium
Very accurate analysis. We appreciate, thank for sharing!
CaptBlackBeard
@SwallowPremium, Thank you very much!
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