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Gann Box

XRP LONGMy previous idea got deleted because i was violating house rules... Still though moon bois A bit of info: ripple.com Stay on the lookout for a common mobile application for payments that will unite all the banks’ customers both domestically and globally – set to launch later this year. ^So the idea for the long = buy the rumor sell the news. Although this setup is probably good short and long term but may fail horribly long term like most of my charts lol plan your own entry and exit.
Long
by UnknownUnicorn550885
BTS July update - More pain to come?I have a hunch here that BTS might see some further losses while struggeling with multiple and compounding Gann resistances in the short term. I anticipate further correction to form a fat double bottom at the 38.2% fib level (around 8000-8004) drawn from its major pump, thus I still tend to favour the short side atm. However, from this second go at the 38.2% fib level we should find support again and thus see a solid leg up, with some resistances along Gann lines, fib speed lines, and former support and resistance zones (blue dotted lines). Please note that the ghost feed - especially the trajectory of the anticipated leg up - is purely imaginative. I have no position in BTS atm but consider to enter long as I find the fundamentals of BTS assuring in the medium to long term, even though it has copped a severe flogging lately. No advice, ensure due diligence. I record this analysis purely for posterity. Happy trading everyone.
Long
by moontumble
Crunch time for STRToday (or tonight) could be a decisive moment for STR. We are approaching a point where multiple trendlines, both longer term and shorter term ones, converge with the 61.8 fib line towards a spot area that might mark an important point for STR. (see blue arrows). For one, we are now pretty much smack bang in the middle of two long-term trendlines (purple dotted lines). Additionally, we are getting wedged in between the 0.382 fib speed resistance fan level support, the most recent uptrend (yellow dotted line), as well as the downtrend coming down from the recent high of 449 (red line). So the big question: Quo vadis STR? If we manage to break the 61.8% fib level at 312 again while breaking the downtrend line (red), we could see the next rally to the last Gann fan 8/1 resistance line, but that won't be easy to crack. If STR punches through, that might be the recoil before the breakout. I'll keep my eye glued to two main signals that might mark the breakout from a cup handle. After that potential scenario, I suspect a susbstantial rally is on the cards indeed. Aloha! moontumble
SLong
by moontumble
EMC2/BTC - Gravity is (not) your friendI had a love/hate relationship with EMC2. I put a sell order in at 340 some time back in April, but closed the position as I got impatient, thus to persue other options. BIG MISTAKE ! Disclaimer: I have since gone long again. From a purely technical level, I think Albert is swinging for the fences. No gravitational pull? Barely... I have marked some target zones based on fib levels and circles for the next days and weeks, keeping an eye on it... All the best with your trades... moontumble
ELong
by moontumble