captainquenta
Long

0x (ZRXBTC) time and price squared - massive move expected

BINANCE:ZRXBTC   0x / Bitcoin
One WD Gann’s ways of predicting future price action and forecasting of future profit targets was identifying areas where price and time are squared. I’ve learned that Gann’s used of the word ‘squared’ doesn’t always mean a confluence zone of one of his Square’s to one of his time cycles – but in the case of 0x, that is the case. 0x is sitting, right on a square of price and time. Notice the intersection of the red vertical and horizontal lines on the chart. Both of those lines represent an important behavior: pivots . The natural time pivot (red vertical line) is important because it acts as a source of resistance in time to the trend in force. Time cycles themselves are often powerful enough to predict future price action, but 0x has another thing that helps with that prediction. The 0.00006343 value area is 2/8th Major Harmonic level. Major Harmonic levels are the most difficult price levels for traders to trade above or below. And each harmonic level has a different ‘behavior’ in the case of this current 2/8th Major Harmonic – it represents a natural pivot , the most powerful pivot on a chart. When price action is trading right inside this confluence zone – especially after such a prolonged downtrend, we can predict and expect powerful bullish moves in the very near future. As far as finding a price zone to predict, that becomes a little easier. Given the strength of this confluence zone, the next and most logical profit zone is the 4/8th Major Harmonic level at 0.0001530. We can even predict the date range. The next square of price and time happens on April 2nd, 2019 at the 0.0001530 price level. Price action tends to trend in one direction between these two time harmonics.
Trade active: Still active - delated reaction to the harmonics I guess :-D
Trade active: Trade still active.
do you mean the .0001153 price lvl 4/8th harmonic?
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