I saw speed fans and also saw a gann square back then. So I fitted it. It bounced off the golden lines nicely. And respected the fans and rings almost perfectly at times. I made this in like March-may
BTC Speedfan, similar concept just like the speedfan from 2020 --- now 2 years later Also note the range from Dec 2017 to Oct 2022, closing in on 1800 days (just pointing out how many days have past)
So with my last two posts I just left the two/“three” un hidden. What will happen outside the box? Any guesses
On my last message, this what what that chart originally was made from. I had the idea from Astro to put the speed fan from previous ATH to recent ATHs.
I made this a month ago. It was originally a fib speed resistance fan that I made with the ATH of 77$ and recent lows. Then I put a fan box then removed the speed fan. Then put a speed fan on previous low at the date of previous ATH then match the fans left sided with the ATH of 77$. That have perfect accuracy
If we can close of the month above $86.33 this would help confirm our Bat harmonic here and one can say would be bullish for cloud and tech stocks in general - .886 retracement - previous range POC - 1.272 extension from the top - Bat harmonic - .75 speed fan
First went long at $39.600, then bought some more at $41.180 (kinda nailed the retracement). Current average price is §40.390, so were in small profit at this point, around 3.3%. As long as we can stay above the diagonal support trendline oft he ascending triangle I am bullish on BTC. It looks to me as if we have gained supprt at the trendline together with the...
Well, now I get to practice my discipline of not over-trading while I wait for the QQQs to find their direction. Neutral direction for me at this point.
I made clones of the gan squares that I made from fitting a speed resistance fan from the set up of may/June and speculated $90 then down to January 2021 to $2. That I put a gann square in and cloned them. Side by side as if it were like a fractal or something. This held up to respect and if this charting is correct. This would have to be a jump off the gold...
From my last idea I forgot to add in the ganns. I always use fib fans with gann squares because I feel that they work well together
This has the exact same concept as my last idea. Having ganns that span 30day, 60day, 90day, 180 day, 360, day periods. I did that because people probably have bets for those day in and around the ATH price action dates or ATL dates.
To size this gann square and speed fan is, I took 89 and 178 days as a possible time guide bc 4quarters in a year and 178 is half a year so I did the ganns in 178 days from the ATH down lows since then. Then have one facing left as if it were to be a reversal trend. A lot of hype gets around ATH especially ATHs that keep breaking records. So a lot of beta...
Both squared and speed fans I added to see all the respect points.
First practice trade with speed fan. Together with fibonacci retracement and MA50 & MA21. Feel free to give feedback!
Hello people! For the last few days NANO was delisted from Binance because the NANO foundation changed the ticket from $nano to $XNO to fit better the financial naming standards. Today the chart is back on and super fresh. Some people managed to sell it for 3.9, which is extremely profitable considering that at this moment the price sits at 2.13 usdt. I think...
BTC approaching my next support level - bottom of channel, .75 speed fan, VAL, nPOC, time POC, a .618 retracement, monthly level plus fib time - .618 of the move up. Definitely an interesting level with lots of confluence.
When I plan for the long term I like to go on the Monthly time scale and but my horizontals. Represented here in the color blue. This time I'm using Fib Speed Fan because it helps me visualize the last yearly movement and helps me prepare for lower levels. It would not surprise me if the price bounced in 1840, for example. It's possible that something external...
NOT FINANCIAL ADVICE - Just an education tool for my trade setups ;D This is an ETHUSD (Binance) Daily chart that will be dissected and summarised for what I think is the likely path of least resistance in the next 7-21 days. Fib Speed Resistance Fan : 0.886 now Support after 1xFakeout and 1xRejection Fib 0.618 Levels : Broke and promptly bouncing out of...