The price is going down from the 0.0155 resistance to the powerful support 0.01 Then we buy at 0.01 Happy trading all
My Happy New Year prediction. A possible bullish scenario for Bitcoin until the summer of 2017 based off Gann lines. Gann lines got a lot of respect in 2016, acting as support and resistance at pivotal(!) moments. (8 I extrapolated the rally of June 2016 (the halvening - dum dum duuuum!) and applied that for the first semester of next year. Using Gann and...
Using Fib Time Zone and Gann Square, both indicate us to know the changing point at 19-Jan Whereas, the rising momentum would be changed, and draw it back to appropriate level, which is 22222.
I see good opportunity here after breaking the first level. We have two targets here, and I don't know witch one will come first Fast target: between $990 - $1020 Slow target: between the next two ARCs
Hi everyone, first of all that's my first 'idea' here so I'm glad to hear any comment you may have. On the Gan's square of nine it seems like the 1x1 Fan (the green line) has created a support level for the couple of days on the 2 hours chart. Shall the trend continue it may bring the price above 950 before the end of January. Buy signal would be a candle...
Hi everyone, first of all that's my first 'idea' here so I'm glad to hear any comment you may have. On the Gan's square of nine it seems on a 2 hours chart that the 1x1 Fan (the green line) has created a support level for the couple of days. Shall the trend continue it may bring the price above 950 before the end of the month. Buy signal would be a candle...
The price is going up to $940 as it the second top square line resistance. Happy trading all :)
Sharing the chart for CL1! Demand and supply are plotted from recent price action. Gann Square is marked on 1x1. Traders can use the chart to decide on target or stops or entries. Sharing the chart with no view. These are just imp. levels.
I have never seen the price movement which responds to Gann Square as perfectly as EURUSD is doing. Traders can take guidance from this chart to decide upon entry and target points. Every line on chart is important and needs to be treated like that. I wish happy and prosperous new year to all 1.May this year bring you biggest profitable...
Lines and curves are support and resistance for price. The demand and supply zones are also marked on the chart which will give additional confirmation for price movement. Trade setups are not mentioned on the chart because the trend perception of individual will be different, intention of the chart is to make traders aware of important time and price...
A Gann arc is usually produced by starting with a key low or high and placing the first arc at the nearest key high or low respectively. But in the case of an asset like Bitcoin where extreme growth is still very much on the table, an interesting study is produced by drawing the first arc of Gann's Square from Bitstamp's all-time lows of $2.22 to 2013's rally top....
I have rather consistently found that when price rallies past an arc without correcting or consolidating inside it or immediately outside it for a length of time, price will continue to rally to the next arc, form a top there, then proceed to dump back down to test, at the very least, the top of the skipped arc. Here, look for a top inside or immediately outside...
Possible buy position on GBPJPY if the candle close and the gann trendline take the price
Contrary to trend I am opening a small long position.
#NZDUSD looking back at last night price action.... it could not get any better...... this is scalpers paradise glad I got in short at a higher price....
#NZDUSD you cant ignore that Bull Kicker candle.... went long @ 0.7286 looking for higher prices T 0.7381-86ish