It’s time gann said. XRP has been hugging the 1/1 line long enough for a breakout to happen sooner rather than later. A new cycle is ready to come and will start with a straight up. Santander/Apple pay or the G20 top could be triggers.
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We’re now at the intersection. Let’s see if volume kicks in in the coming 48h
Hi please help me learn Gann Fan. As I understand the 1/1 line must be at perfect 45 degree angle. I use 45 degree tool and draw small graph at top of the high. Then I use Gann Fan and line up the 1/1 with that 45 degree but my picture does not look like yours. I suspect it has to do with timeframe. What timeframe is your graph?
CableRider
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@Wetdog544, it’s the daily. Make sure to pick a good scale ratio and lock it before drawing any degree angles. Otherwise navigating the chart will undo the scale and the lines will unalign.