Using gann fan it looks like SC 0.52% could soon cross the 1/1 (black) trendline . Entry in the upper 50s to very low 60s, TP1 at ~120, or the 50 day ema, TP2 ~185 estimated 200ema
Still waiting on FOCM but we have a slight recovery inside this otherwise bearish trend. We'll see where it goes.
This is a follow on from a previous idea here: . The price is nearing support areas so I have now identifies entry points. I have outlined two profit taking opportunities. outlined on the chart. The resistance is from the previous lows and Fibonacci retracements which line up with the Gann analysis.
Using Gann fan to show trendlines of support and resistance, combined with fib timezone to highlight potential reversal points to watch as prices approach this zone.
With price respecting the Gann arc, I am looking for buying opportunities at the support areas No.1 and No.2. These are also coincide with recent support and resistance areas. I have not placed definitive orders yet as I am watching price action closer to the support areas. I will update as the price action moves into closer positioning.
Waiting for clear signal (breaking up -45 angle or breaking down 45 angle). And remember, all trades you make at your own risk.
BTCUSD Gann Fan, it's on a correct 45 degree angle (TV messes up the angle tool view)
Given the recent events with Chinese exchanges getting banned the decline was not as surprising as was the knee-jerk buyback reaction and the all time volume record in trading pushing the pair back to the original value in two days only, never underestimate the crypto bulls! I am very much bullish on Bitcoin myself, but we haven't seen the main trend support...
Looking at that sweet spot ellipse where Upper and Lower Gann Fan levels and major historic support line converge. Of course it's up to King BTC and I've charted that as well,
Neo is near to dip, a harmonic Bat bullish pattern can confirm it. Buy & HOLD. from 0.0035 - 0.005 area. Note: Trade at your own risk, this is an especulation.
NEO has good movement next period , $90 for long term , $50 for mid term and $36 for short term . We can buy from 27.90 even 24.00 short targets : 30.00 /33.00 / 36.00 mid targets : 36.00 /40.00 / 50.00 long targets : 50.00 / 70.00 / 90.00 stop loss : 22.00 plz control your capital management . good luck for all comment for ask or join our group , thank...
After a long absence I decided to post a new Idea again, Well, what we have been expecting for a while, KOMODO to release news, this is gonna be a major rally for KMD, also 2 more swaps remaining from BTCD into KMD, so things are gonna get interesting, stock up as this is the time where is still cheap. Price expectation for Friday for the announcement should...
Everything pointing down, but how far until it's a buy again? Support lines are yellow dotted which is where we have to look for the lows.