Gann Box
The original Gann line.His original book said you must make 45deg line move 1 point a day. (I mean 1p=1usd)
AKA 7points a week on weekly chart.
But how do we adjust it to btc and other thing like futures?
It must be wrong to use 1 point as 45deg on btc.
IDK How we should adjust it. Maybe you guys have good ideas?
Please comment if you have your thoughts.
On the APPL it's two 45deg line and the move 1 point a day. (100 fluctuations or 100ticks)
Maybe we should not look 1usd/1d but 100flu/day ?
$via Viacoin entry signal. 4x potential. The technicals of this chart are amazing; one of the best set ups I've seen in this entire space, and this coin has great fundamentals making it a very profitable time to enter. There is a hidden bullish divergence indicated by the stochastic indicator which gives me confidence that this support at 15400 level is very strong. The momentum indicator indicates a breakout from this humongous descending wedge around 12/14/2017, once we breakout of this wedge we will see a dramatic increase in price and volume. The risk reward ratio is very good, I highly recommend a long entry at these levels.
BTCUSD 1D - New quarterly cycle, long till ~29 November 2018.New quarterly cycle just kicked in from ~20 September 2018 till ~21 September 2019 .
We're going up till ~ 29 November 2018 after that will start going down with the yearly Christmas/new years chaos coming. I expect it to go up around ~ 21 February 2019 again.
Important levels we need to break: ~ 7550 and ~ 9940 after that the bulls are in control.
Draw fib levels on Log chartHey, when using Fib Retracement levels in log chart, their value is calculated according to linear price value, not according to position in a chart, but i found that if u use Fir Channel levels are drawn based on distance between given points.
So to draw long term Fib retracement in a log chart we can use Fib Channel and draw it horizontally.