Quick rundown of setting up a gann box.
Steps below also;
1. Pick a TF (Minimum 1HR ) Example here on 4HR
2. Lock price to bar ratio
3. Find key pivot high or low
4. Turn on magnet, and select the 'Gann Square' tool
5. draw the square from your pivot point, until you go beyond the current price AND hit one of these key fixed time intervals (see number at...
Hello there we are in
1- bullish market
2 - Macd ready
3 - retrace are done
4 - we have broke descending channel
5 - above all important moving average
Targets are mapped in the chart
This will work for
Support : 0.08585
stop : close daily below with strong candle : 0.08585
I hope this be the path of this coin to heat the pennant target, which also is 1.618 of Fibo extension of the latest bullish wave. You can find my suggestion on the chart. I am doing a step by step entries to the position. 2.43, 2.35,2.3 and 2.22. I would take my first entries out of position if the latest entry target got heated.
- interesting price action I don't see divergence near dynamic trendline
-anticipating 1 more leg up at least
-sell momentum decreasing ( macd histogram)
-found support previous resistance ( role reversal)
STORJ broke out after almost 5 days of accumulation under the ascending triangle.
Looking at the pattern I am expecting an almost 40% rally from here.
The best Entry range is :
$2.97 to $3.3 (Lucky you are if you get the first entry on retest)
Stop Loss :- $2.83
If you like my setups do hit the like button and share your views in...
Weekly pivot and monthly pivot both developing lower. Of course it could rise prior to their closing time. However they will lmost always revert to that far untested pivot following. One could buy the dip upon testing it or short swing to it with a average cost up in case it rises more leading up to the CLosure. Tarrget would be where the central pivot and/or...
That is a deep weekly pivot forming. And those usually always get tested and pull price action right back to them once they are. It could still rise in this last day of price action before the weekly close. However it will just mean retrace from a bit higher. You could manage such a trade with averaging short entry up in increase quantities until the reversion...
Many altcoins have broken from this same pattern and gone on moon missions lately. It's been a lot of random ones that nobody cares about. Which why STORJ has potential to do that. What does it even do? Do you know? Me neither. Exactly.