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Gannboxes

BTC Geometric Price and Time projectionThis chart looks at a 200-day dominant cycle of BTC (current DC is actually 185 days peak to peak represented int he Gann Box). Based on this analysis with geometry and gann boxes at the 185-day dominant cycle length, I see a price for BTC at 39K by October. I think this is a very conservative target. That said the geometry of it all cannot be ignored. The 0.25 and 2.5 shows up in multiple places with a perfect 0.33 on the 0.25 Gann Box representing the price axis bringing completion of peak to peak at 185-200 day cycle around 39,000 - 40,000. I could also see a flash dump in the next day or two down to 29,600, but that is the bottom. BTC has moved sideways for the majority of its declining cycle strength which tells me it has strength. Long story short I would not be trading this market and accumulating for the longer-term is probably the best move.
INDEX:BTCUSDLong
by pasenner23
A Sample of Gann applied to Palladium This is a sample of a properly squared asset using Gann Fans and Boxes. The technique is simple as Gann spoke. Price = Time. Once these are matched up an asset is what they call "scaled". Gann's theory spoke of how price/ trend changes were to be expected when price moved outside of the Gann Box. In this case we can see that they happen on a yearly cycle and iterations of that. Now this chart has an extended 3rd box, but the iteration is not known right now because price has not shown support. Gann also spoke of the importance of determining tops and bottoms as well as support and resistance. From my experience when the cycles are known the tops and mids of the boxes are clear points of resistance and support (blue lines). The yellow lines are just the Gann Boxes with Fibonacci points of interest. You can set the Gann Box however you like in TV settings. You can zoom in to see how this system works with the price. Each line of the Gann fan have a personality when it comes to price action. Esp the yellow 1/3 line. TV has these lines backwards, but if your familiar with Gann you know the power of this line (yellow). Once a chart is properly scaled you can lock the scale and change the timeframes for added detail as seen here. SO if there is any drift seen it is because the scale was lowered here vs using the actual scaled days. A powerful tool when trading and done properly b/c u get to see the details while keeping all the data on screen. Most ppl do not properly scale their charts and that can have unreliable results. Just sharing, I work most of my charts like this and add other techniques to make trading decisions. Enjoy. Note u can zoom in and out using the price scale to the right.
TVC:PALLADIUMEducation
by Moorsc0de
1
ENPH recharged & potential in its explosive upside actionHighlighted previously, two months ago, ENPH exploded 50% to the upside against the major market move. Then it went into a consolidation phase for a month, and it appears to have broken out of a flag pattern. And by pattern projection, there is another potential 25-30% upside to this move. The daily chart shows the breakout and possible engagement point (white arrow) in July. This came with favourable technicals where the MACD and RPM crossed over. A clear consolidation phase started in August and a descending range formed the flag. This week saw the star of an attempt to breakout and yesterday was a major move to the upside with momentum (8% bullish marubozu) and broke out of the flag. Another potential entry point is at breakout point (white arrow). With this, the flag pole (yellow arrow) can be used to project the upside target. At the moment, both the technical indicators RPM and MACD are supportive as they cross over their respective MA lines. Upside target by flag pattern projection is 406. Out of pure interest and curiosity , I wanted to analyze the effect of this Gann box which I recently find interesting. So it was "force fitted" into the price action, where the first 0.25 of the time axis measured the flag pole rally. This fitted to the start of the consolidation flag. The height of the initial rally was set at the 0.5 level. The outcome was rather interesting... at 0.75 of the timeline, spot-on the breakout occurs. and the projected remainder of the 0.5 also approximates the upside target at 420 (as opposed to the flag pole projection at 406) For Gann practitioners, please do enlighten.... thanks in advance!
NASDAQ:ENPHLong
by Auguraltrader
#btcstarburst How Bullish Is BITCOIN?I guess the real question how much juice is left? Will the beast continue to fall of a cliff. Can we power up and make it to the next ring? I guess its all a matter of how much fake news people fall for… The net is full a junk mail. Hold the gold. Accumulate while you can and consider your self lucky. The real top has yet to come. FIVE TEN TWENTY years from now you will be so wealthy… or dead. It wont matter. Or this is just a stupid video game that we are tricked into and satoshi is laughing so hard as we all play. (I think it seems like a game). The market is in a test phase, be careful you can loose everything. Hold what you have and accumulate safe projects. DCA safely different study
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by Jonnycatx