The trading techniques by W.D. Gann are widely seen as innovative and are still studied and used by traders today. He used angles and various geometric constructions. Gann angles divide time and price into proportionate parts and are often used to predict areas of support and resistance, key tops and bottoms and future price moves. The method is based on the notion that markets rotate from angle to angle and when an angle is broken, price moves towards the next one. Several angles together make up a Gann Fan.
The angles are drawn from the main tops and bottoms while the chart is scaled appropriately to ensure the market has a square relationship. The most noteworthy angle is the 1x1 or the 45° angle, which represents one unit of price for one unit of time. A change in the direction of price is expected when the market reaches an equal unit of time and price, up or down. TradingView has a smart drawing tool called the Gann Fan to apply several Gann angles to the chart and other tools like the Gann Box and the Gann Square to visually identify key levels on a chart.
Buy around 0.0004605/0.00044520
Targets
0.0005345
0.0005785
0.0006433
0.000685
Stop_loss:
Close Daily below 0.0004165
Risk/Reward
9% / 45%
Invest:3%
we ask Allah reconcile and repay
The Last Signal gained about 124%
https://www.tradingview.com/chart/ONTBTC/KfKoGUOV-Ontology-ONT/
Hi Guys. Are you trading well? :)
Today many crypto are in the correction but there are few which actually grow!
Yes – this is our favourite Digibyte.
Today they announced that Huobi Global (headquarters in Singapore) will be listing DGB starting from tomorrow (20.07.18). This may significantly influence the price as another big exchange decided to list this ...
Can you believe me that XLM has target to 1.09$ dollar soon.
Let me chance to offer you my chart and focus with me .
For short term ,
1- now price stopped at 0.32 $ becuz it called angle 270 so it may be make correction to 3 levels ( i will never put time now lets follow price action only ) the levels with green areas is 0.29 / 0.24 / 0.22 , note that i hope ...
After a breakout from the neckline of an inverted head and shoulders, price has come in contact with the Gann fan drawn from the descending wedge pattern established during May and June.
Price looks likely to drop through the local support of 6000 and bounce off of the 0.382 fib level at 5000. If the downtrend resistance breaks down price through 5000, I expect ...
Be ready for this chance BNB .
Now we are waiting 10.68 to 10.10 dollar its very very strong level
1- its strong support zone .
2- 61.8% fibo .
and price cant complete one price circle
our target is 19 dollar
good luck my friends
waiting your questions
fighting support right now around 1191-1210, if we can stay in the green zone we can break upwards again
otherwise we might see a drop to the red zone and test it. that is the next bottom ta wise
if we down that is all back to the purple zone
I reckon we don't go that far since many of the indicators show that the price currently is oversold, if we are rising ...
After hoping for a doble bottom that was masking a descending triangle maybe you are wondering for a support. We have one at 5800 satoshi! It is aproching very fast and 2/1 angle should still remain very close.
Which 2/1 I am talking about :) ?
Yeah, there are at least 4 parallel dynamic resistance that should trigger more and more buy, so fast your belt and good ...
Bought EU yesterday at 1576 when it touched below the 1x1 (Blue line) from 15078 low and 2x1 off 15098 low. Second contract bought minutes before that Trump tweet when price closed High Low Activator on lower time frames at 1608.
Stock appears to be weak, with high volume trading within the first hour. Possible bounceback at around $34.89 in the first 30 minutes after open and/or $35.89 after lunch. Close $35.73 - $38.11. This is my first Gann analysis - constructive feedback is appreciated.
My opinion is one should wait for 134-136 for fresh entry when some bullishness returns. Please check RSI, MACD, momentum oscillator along with Ichimoku chart, particularly MACD before entry.
