Gann Fan
$216 reasonable on Monday. AMCExploring Gann fans. AMC has been respecting the 1:2 and trading in that channel. If the Current low respects the 1:1 trend line, then there's room for a move from 45 to 216 in one day. Not that it will, but that's the "reasonable" limit. If it significantly breaks the 1:1, well then the fun's over, I suppose.
Note: Gann fan is built using the lows from the 24th and 27th, the connection to the close on friday is a coincidence.
BTCUSDT 1 Year ExpectationBased on previous Fractal we haveThree 2-3-6 up waves forecasting the fourth one should be logical exponential ~7; in same way we have down four Fractal 1-3-1-1 waves forecasting the fifth one should be logical exponential ~2.
So applying this on chart using Gann fan we can put expectation that down wave "IF" completed should be at en of June with max. 18K to start long exponential up wave last for arrant full year July 2022 at average of 240K. (Not Financial advise).
BTC short idea.I put together a few things following the notable rising wedge that was forming. focusing on the Gann fan and fib lines. this was drawn before the Elon tweet, so who knows what is going to happen but BTC is seeing resistance and a lack of buyer volume mixed with what I think is an overall lack of confidence at these levels for buyers. we will see bullish levels at the next level down, or that is what I think at least. I am not a financial advisor obviously, and I'm an inexperienced charter at that so take from this what you will.
BTCUSDT - 4hr , Gann, Fib resistance Fan and Fib retracementPlease use the Gann (RED and GREEEN) lines as support and resistance for your entries.
Use the Pink line as major resistance as they are the overlap with the Gann and Fib Resistance Fan
Use the Fib Retracement as support and resistance as well.
Just check how nicely the gann is respected from the recent drop. Thanks ..
Catching the waveSometimes catching a wave is hard and other times it's about as easy as buying double A batteries from Woolworths. You pick when and where.
Jokes aside, Appen is setting itself up to bounce off of the 8/1 gann ratio and longer term trend we've seen building over a 12+ month period. The weekly RSI is ticking oversold territory and could work in the favour of this trade.
With an upcoming quarterly report it will be worth watching how it reacts.
Best of luck out there!
moving into Mercury and Venus + gap fill + important datesThis chart shows Mercury and Venus planetary lines and how price reacted to both of their harmonics so far ( opposition 180 degrees )
It also shows the Mercury box set at opening price.
A touch at the 1.618 down, a move up into the gap is to be expected keeping all geometry and dynamic Gann planetary lines in mind.
Doge! AccumulationHello traders, probably many of you are wondering how far we can go in the next move. I will tell you that $ 1 is already an obsolete target, after all the latest news we can confidently count on more, groups of people are more and more interested in DOGE, the search engine as Google shows 1st place, more than BTC. If the reflection on the MA200 sends the price up, fasten your seat belts, dear ones.
I recommend my chart for later observation.
greetings
Bitcoin! Inevitable correction.Hello traders, And finally it happened, Bitcoin is on the brink. If the price drops below $ 37,850 permanently today, we can expect a complete correction. the price after the breakout of ATH from 2018 did not count the confirmation, so everything indicates that we are just witnesses of this correction.The MACD lines will most likely cross on Monday, but it also means (if the correction ends at 20k) that the price will have a new field to show, and that by the end of the year we will probably witness spectacular price jumps. Or maybe the bottom BB line support is enough on the weekly chart? So far, we only have to wait for the situation to develop.
greetings