BTCUSDT POSSIBLE BULLISH REVERSALBTCUSDT was trading inside a falling wedge with a low volume until the breakout of the upper trendline with high volume which signals a bullish reversal. We wait for the trendline and the 2/1 GANN RAY retest and the continuation of up momentum with high volume to confirm bullish reversal .
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Gann Fan
NXPI WeeklySolid semi out of the Netherlands. Finbox models have a 25% upside, and that is green point D on the ABCD. The green ABCD is cloned off the red ABCD.
I would definitely add some at green point C or the Red dashed line. But a solid break and hold below green C would be a trend reversal. I don't see that happening with the good volume support.
Gold analysis and short tradeIf you have been following my gold analysis and posts where I gave a swing short setup, I explained how we could see a good bounce from 1900 area and we have witnessed just that.
The chart is self-explanatory as to why we bounced. There were several confluences for the exact bounce price, it was a golden pocket which interested with trendlines from falling wedge and ascending broadening wedge perfectly.
Also as shown below we have Gann 1/2 support right where it bounced from.
Now I am waiting for Gold to move past 1980 area which is strong resistance as it's a macro-VAH as shown below which is exactly where gold is rejecting from currently.
Once it does move past that area, I am looking at another short setup on Gold from the exact measured move area of the wedge which is confluent with a cypher on the 4H timeframe as shown below.
If this short does not work Gold will create new all-time highs.
US500 Short for next 2 days at leastFrom price Action Perspective, we need a confirmation Candle on the reverse for the Shooting star on the daily time frame.
On GANN Sqaure and circles of support and resistance + Angles analysis, it was expected to reverse maximum between 4526 - 4531, which took place already.
I am shorting already since Thursday and Friday,, First Target for profits will be 4456, with few pull backs for quick scalping.
will set buying positions at 4456 and decide upon the new signals of continuation of Bearish or reversal to continue original trend.
Ethereum Gann Fan SupportsFor Ethereum, which returned from the $ 2100 resistance in the short term, a Gann Fan fit appears in the long term. If Ethereum, which is in the descending channel, holds at $ 1640, which is the Gann Fan support, it can walk to the descending channel resistance, and from there to the Gann Fan resistance. If it cannot hold the $1640 level, the target will be 1365.
BTCUSDT WEEKLY POSSIBLE RETRACEMENT WITH HIGH PROBABILITYIf the price breaks down the white channel and the 2/1 GANN RAY , it will have a high probability to reach the VAH red line & 0.618 fib and if the three lines are broken down then the price will dump down to the green support area.
I am bullish on BTCUSDT as long as the price dose not break down the 0.786 level.
better to wait for a daily close to get confirmation for a reversal or continuation .
Good LUck
Vasconn Engineering Stock PE - 8
Profit growth - 2618% +
Order book - 1740+ Cr
Company done many real estate projects in pune city
Huge potential in future
Looking really good technically too with more volumes and forming a nice setup to make a new rally.
Candle is at my favorite position on Gann Square.