The red lines are the corrective fan principle. Once the 3rd fan is broken, the end of the bull market trend is confirmed. The 3rd fan was broken on 9/20/21. Since then, the new all time high is classified as a bear market retrace, and it is not uncommon for initial retracements to exceed 100% of the previous move, as occurred here. The price is also in a primary...
We have a gann cross tonight, light blue are short term compartments, green and yellow longer term. We were turned down at the green one above a few days ago and could now work our way to the nearest green one
Hello you all! I hope you are all well. For the last 4 days, we saw the price of NANO USDT decreasing and this gives me a good fractal to grab hold to. What I mean is that at the beginning of the last cycle we got a succulent dip which culminated in that nice pump we saw 16 apr `21. After the dip the price raized and then we saw a dip of about one week before...
Gold is still sideways for me long-term. It's low in this wedge, which could see it bounce up. But it also has a major support/resistance line to contend with, which could push it into staying on one side or the other.
While I'd look for a breakout to the upside to this descending wedge, I think it's equally likely that price will bounce off my purple breakout line and head down for another leg. We'll have to wait and see. It's also noteworthy to notice we're now trading below the grey resistance area, so that might add an additional ceiling to bounce off.
XAG Silver has crossed my breakdown trigger fib fan line and rebounded sharply. I'm going to be watching to see if it closes above the breakout line with a downside fake-out, or if it will close below that breakdown line.
I like JNJ, but would like it to travel down to 168 before breaking through my purple fib trigger line.
NTFX is moving up, but I'd expect it to take a breath soon, maybe up by 630.00.
I don't know if it will be back to 697.10 a third time, but it could prove to be a good bounce point. I think it would be a gamble to jump in now with it at new highs. There's a risk of some retracement.
Roku looks pretty weak, and I wouldn't be surprised to see it climb up to 353 only to take another downturn. The extending purple fib line is my trigger that the down move is finished.
Chewy took a tumble on it's negative earnings, providing a possible entry point on support and fib confluence.
bottom buy whales fav coin buy in given range only target are given
SOL price bound by the 1/2 and 1/1 slopes in a Gann fan.
MATIC finding resistance and support in line with a fixed Gann square. Price action rebounding in line with key markers.
ACH price action following a Gann fan. Support and ceiling indicated especially by the 45 degree line.
I am using the Gann Fan fib to see possible support and resistance lines for Kin while we move forward to the end of this 2021 Bullrun. I have my own red line and blue line projections and I am leaning towards the blue line, to be honest. Please do not take this as investment advice as I am only sharing my belief and opinion on possible targets. If Kin lands a...
So we have a possible ABC correction shown on the chart. Volume seems to confirm that. Then we have waves 1 and 2, bouncing between the two green boxes (support and resistance) and now we've possibly begun wave 3 from the FAN support line, which should take us to the top of the wycoff distribution/re-accumulation box. I would suspect the redux resistance from the...
Don't see this as a "meme stock" right now and think it's got some great news under it, such as: +Partnership with IBM +Amazon AWS and BlackBerry Partner for NEw Intelligent Vehicle Data Platform +BlackBerry QNX used in Motiuonal Driverless Platform (Hyundai, Aptiv) +Facebook settlement to be announced +Partner with Baidu to work on a New Autonomous Driving...