Ridiculous XRP ChartToday, in our new series of ridiculous charts, we look at XRP.
It has come to our attention that there is an article, written by:
"a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing"
that addresses the possibility of XRP rising to $ 692 in 2020 (or after).
Using a Gann fan (at angle 45° !), we can see (after defining top and bottom of trend !) XRP respecting the 4/1 ratio.
Furthermore we can note that previous "bull-runs" knew an incline of 73° and 77°.
In order to get to $ 692 an incline of only 58° is needed .. so ..plausible. ($ 69.200 seems logical based on previous data)
Gann Fan
EUR/AUD is Marching downsideHere's the 15m chart of the EUR/AUD. I have used Gann fans to make it easy to understand. Currently, it's moving downside, and it will hit the following levels 1.6086 - 1.6060 .
But if it starts to march upside, then the trend will touch the following levels 1.6146 - 1.6166 .
AMAZON What happened in the future?{GANN FAN} AnalysisHi every one
no need to say something , chart is speaking it self
Remember that Trend is our friend and we have to hold his hand and go with it .
Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad.
This is not financial advice.
Remember to do your own research and build your own plan before you trade
Thank you for seeing idea . please support us
Good luck.
XAUUSD Gold Price Technical Gann Analysis for 12/21/2020The price movement is pretty high today, and both support and resistances holds for now. My analyze is telling it is good to watch until one of supports or resistances break.
supports:
1855.69
1818.10
17.68.00
resistances:
1907.65
1964.42
Best strategy:
With news of agreement on stimulus, the price will be bullish and best place to enter the market is long in 1860.00 with tp of 1950.00 and sl of 1845.20
please write your comments below, what do you think about the analysis?
USD/JPY Day Trading Gann strategy: 12/16/2020Be prepared for a volatile session especially if Congress announces a coronavirus-aid package and the Fed comes out as dovish.
Today news is extremely important for the market.
The price is breached the fibbo level at 104.132 and headed to the November 6 main bottom at 103.177.
It is better to lower your risk.
I think we will see the new main bottom today!
AUD/USD Technical Gann Analysis for 12/16/2020According to the chart the trend is up and reaching 0.7578 will resume the uptrend. we have to wait until the stimulus agreement to counter trade and short selling.
If USD becomes weaker we can see the price at 2018 June top in 0.07677.
resistances: 0.7578 - 0.7677
supports: 0.7542 - 0.7507 - 0.7475 - 0.7458
It is better to trade with buy positions.
XAUUSD Gold Price Technical Gann Analysis for 12/14/2020The main trend is down according to the daily swing chart. A trade through $1879.80 will change the main trend to up. A move through $1767.20 will signal a resumption of the downtrend.
the key point for the price is 1823.50
resistances:
1849.90
1870.30
1879.80
supports:
1823.50
181020
1780.50
1767.20
Good time to buy NASDAQ100?It is very likely that NASDAQ100 will retrace, question is when is good time to enter.
Not a trading advice.
If I were a whale, here's what I'd do...
Lots of smaller players have stuffed their bags in anticipation of the SPARK airdrop.
Most trading volume of the past 10 days happened in the $0.55-$0.62 zone
It only seems logical to take them down 20-30% and have the weak hands pee their pants, then pick up the cheap coins and then do another leg up all the way till $0.94-$1.20, forcing newcomers to FOMO in.
ES 15min GannFan shortim a overall bear since 2018
because of that i don't trade that much anymore, im just buying more spxu more for every step up
still i understand everybody has a plan
my levels are indicated by gann fan
i also use it to see if the move up is getting tired
first i check weekly, then 4h, then 15min
RSI confirms or not my theory
but at the ends, bears have been wrong 2-3 times in the last 3 years
so you know
dont trade this