Possible ETH Behavior up to August 1st using Gann SquarePossible ETH Behavior up to August 1st (and beyond) using Gann Square
ETH continues its bearish tendencies it seems. It may fall through the blue arc in a severe drop to the first arc. Potential entry here (green circle) with an exit (red circle) at the 1x1, which ETH is unlikely to punch through upwardly in the near term.
Gann Square
ETH Possible Behavior Before August 1st - Using GANNUsing the Gann chart, I think we could see ETH bottoming-out 185-173. According to this setup, it doesn't seem that it will go lower, but rather the bear trend will reverse and hopes will begin to soar again. The red circle shows where the next rally will end and then more rallies? Maybe not and the green represents a possible buying opportunity, being at the 5th bearish arc. The large, blue rectangle represents the support zone. When ETH bottoms-out and begins its upward move along the 5 arc, a new gann square will be needed and I think it will be a bullish one.
BTC after the 14th of June, blood on the streets?After yesterday crazyness let's get our head back to the game... Let's face it, Bitcoin (and Alts in general) needed a big correction, yesterday was an energy point and regarding the outrageous rise of crypto market caps it was almost predictable. Question that remains, is it over or will we see a bounce soon?
Well, from the bearish perspective of the Gann Square I'd say we might see a bounce already, I'll publish some extra charts in the comment as you may want to wait for a proper confirmation of the reversal (basically if a candle closes bellow the 1st Arc Pair that might suggest the start of a new correction wave) but aggressive trader might want to open a long position here...
My first DGB chart/predictionStill figuring out the Gann square; please correct me if you think i'm wrong with this one :).
gannchart bitcoin euroapparently, the gann chart proved succesfull on the xbteur chart before. In this chart, the arcs also match quite nice with the dumps and pumps.
Right now, we are still in the ressistance arc. As soon as we pass 3000 euro, the changes to return to this ressistance will be quite small and a supermoon to 6500 euro would become reality.
On the other hand. since we are still in the ressistance arc, we could see a severe drop to <2000 euro.
Short based on Gann n Clone Levels - Intraday tradeAfter the rally from 45.5 to 49.60 (big completed gann) , i am expecting some retracement on it, it looks like the retracement has already started. Oil has the tendency to retrace at least 50 to 75 % of the rally. In this case the 50 percent of big move is around 47.5. As long as the price stays below the high of 49.6 i will be interested to short this below 48.6 for targets around 48.20/47.5 and 46.49 or gann double arcs can be considered for take profits.
This idea will be invalid if price goes above 49.6x.
Please note this is not a trade advice. please do your due diligence before placing the trade.
Intraday Short based on Clones and Gann combo-10th May 2017so far 1225.xx has been blocking the upmove on this one. I will be interested to sell this below 1218(aggressive 1219) for targets 1213/1207 or double arcs. This idea will be invalidated if the price goes above 1226 .
Note: this is not a trade advice, please do your due diligence before placing the trade.
Short based on Gann & Clones Combo - Intraday - 5/9/2017Price has been consolidating in range of 1226-1233 for last 24+ hours. The more it consolidates in this range the better breakout its going to be. As long as it stays below 1237 i am planning to short every rise on this for targets Clone Levels/Double Arcs of Gann as shown on chart.
Short: 1224 for targets 1218/1213/1208
Long : 1238 for targets 1251/1272
Note: This is not a trade advice. Please do your due diligence before placing the trade.
Short based on Clone n Gann Combo - Intraday 4th MayThe dump after the FOMC produced some nice down move. During that dump it broke the previous month low at 1243. As long as it stays below 1245 i will be interested to short this near 1245(based on weakness at that area) or aggressive entry at current price. Take profits as usuall the double arcs or the Clone levels shown on the chart. This idea gets invalidated if price crosses 1256 .
Note: This is not a trade advice ,please do your due diligence before placing the trade
Short based on Gann and Clones ComboI already shorted this from 1267 today for targets 1261 and 1256 . If you are not short i would prefer you to wait for break and close below the trendline for targets double arcs or Clone Levels. This idea will be invalid if the price crosses 1272
Clone levels:
Upside: Entry 1272 for targets 1272/1278/1284
Downside: Entry 1267/1261 for targets 1261(for 1267 entry) / 1256 / 1251
Note: This is not a trade advise , please do our due diligence before placing the trades
Trade plan based on Gann and Clones Combo - Intraday -28th AprilThere are two chart in the idea on the Left is Short Scenario 60minute chart and on the Right is Long Scenario 30minute chart
Short Scenario (left side): Short below the trendline break around 1262 for targets either the Clone levels marked as % or you can also use double arcs as targets.This is valid till 1271 is not broken.
Long Scenario ( right side): Consider this if 1268/1271 gets broken and targets either the Clone levels marked as % or follow the double arcs and move your trailing stoploss.
Note : This is not a trade advice , please do your due diligence before placing the trades.
Trade Plan based on Gann Charts and Clone LevelsThis is my first publication using the Gann Square and Clones Combo. There are two chart in the idea on the Left is Short Scenario and on the Right is Long Scenario
Short Scenario (left side): Short below 1265 and targets either the Clone levels marked as % or you can also use double arcs as targets.This is valid till 1271 is not broken.
Long Scenario ( right side): Consider this if 1271 gets broken and targets either the Clone levels marked as % or follow the double arcs and move your trailing stoploss.
Note : This is not a trade advice , please do your due diligence before placing the trades.