very curious to see how this chart plays out over several years. will have buy orders on lower Gann lines, sell orders on the centre orange line #BSV
If you know of PolkaDot then you understand that there is a extreme bullish sentiment among the crypto community. This is going to keep moving and begin a price exploration. As of now, I can say there is, more than likely, a 17% trade to be had from this point. Good luck trading! This is not financial advice.
i made the Gann start and end points at about the 2015-16 time, drawing the bottom Gann line as the bottom level trend for BTC and zooming out gleans some interesting levels that initial trend line sits at about 1800 usd right now :p I have to say the Gann fan intrigues me. you can get alerts if you draw trend lines over the Gann lines goodluck
This is the same version previously published without other indicators (as the scripts were not updating) the Gann start and end positions are marked to trade: can place trendlines and an alert onto the trendline . kind regards Trader Paulee
Apple found asupport on the 3/1 gannfan line which also was the 0.5fib level ($112.66) level and will now continue higher pulling back once on the 2/1 gannfan line to its middle line and then going back up to new highs at 1.272 fib level that lines up with the middle line between 1/1 and 2/1 gannfan lines that was acting as support previously.
Facebook found a support on 0.5 fib level($263.78) which lines up with the 3/1 gannfan line and also lines up with the overall support line on the move up 1 month ago. On top of that all it picked up momentum on the last 4h on friday and is now on its way to $326.38 price level that is the middle line between 1/1 and 2/1 gannfan lines. To get there Facebook will...
Intel has been doing slightly higher lows and was making a higher high just to pullback deep again and consolidate there while finding support on the 4/1 gannfan line ($48.94) -Very soon intel should retest the near 200 sma line levels at around $54.53 levels which would be the middle line of the trend channel of gannfan but it could also consolidate around 2/1...
Coca-cola after pulling back to 0.5 fib level ($50.16) and finding support there which lined up with 3/1 level now started going up and is slightly getting rejected at the 3/1 gannfan line 0.786 fib level ($51.02). The momentum is still strong but it will continue going up until $53.50 levels which is the top of the 2/1 gann channel and the 1.272 fib level that...
Microsoft has found a double bot on the 200 ma and the 8/1 gann fan line and is now going to continue its way up until 1.618($254) level with some stops inbetween on the 2/1 gann fann line that will be the 0.618 fib level. A strong momentum shift around those strong support levels
AMD found a strong support on the 2/1 gann fan line aswell as on the 0.618 fib level from which it will not continue going up to the main 1/1 gann line into the 1.618 fib level ($107). Momentum also shifted strongly indicating a strong reversal point around those key levels - that support is also a double bot and we are not on the second leg of the W
But it’s not looking too shabby. My lines on the chart are Gann Fan lines and represent points of resistance and support. Along with this there is the ascending triangle pattern drawn in blue. My earlier chart showed the red curved lines as the inverted cup and handle formation. (see link) The volume averaged out in the triangle is a bit higher in the peaks...
-Yurlo (PLEASE HIT THAT LIKE BUTTON FOR ME) 👍 If you're long $BTC right now just look at the 4 hour && 12 hour candle & stoch rsi/oscillator & tell me that's a good idea. $DXY / $USD ~ moving against each other / reverse correlation #1: weekly visuals zoomed out (showing 3 validation points ~ with signs of a bounce of an (area of interest zone) #2: Zoomed...
SDOW 4H Im very bad at predictions NORMAL RESISTENCE/SUPPORT IS GREEN LINE OVER THAT IS BULLISH TERRITORY UNDER IS BEARISH TERRITORY to go up VOLUME HAS TO BE OVER 340K RSI HAS TO BE BETWEEN 35 AND 70, 57+ IS VERY BULLISH WHEN TOUCHING 400MA over green line, this is gambling short term between 200ma and 400ma is a healty normal goal inside triangle, is a safe...