IDX: INDF FOR MAY 2022weak support at 6300
medium resistance at 6475
I Prefer green trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
Gann Fan
Start her up...This has the setup to really go, point target = 155 by May 20 (the yellow highlighted date that is covered up (oops) is 5/20).
- target range is 130s to 160s by May 11 - early June, depending on if the price can keep up with time!
- initial/moderate target is 114, which is a statistical adj. target, I'll likely play calls with this as goal target by May 20 (and if I get more, i.e. 130-160, that's great)
- if it falls out of fan off the recent low I'd expect a test of around 64 and would re-eval from there. Need to see how it reacts with market post-FOMC, plenty of upside to be patient here.
Some aspects to note on the side/apart from chart:
- Very heavily shorted this could easily squeeze to target but they need to deliver on this upcoming report
- Irregularly bullish options activity spotted recently with up to $900K sweeps at strikes ranging from 90.00-150.00
Please provide any feedback, especially related to Gann (this is my first Gann idea so any criticism welcomed...
Best,
Bard's Apprentice
#VET on my ultimate 10 coin of investment list IMO
there are 2 areas to start buying vechain
the 1st one :
the area between
0.057-0.059
the 2nd area:
between
0.032-.039
invalidation of this setup would be weekly violation of
0.030
that's around -40 %
so as usual do your own research and manage your risks
and definitely not a financial advise
the targets will be in green
0.1
0.12
0.18
0.26
0.35
0.45
ONE ANALYSISONE on the 4 hours timeframe will likely repeat the previous Gann Fan move from 14th of March.
We need the price to close with volume above the rectangle pattern.
If it does the price will touch the nearest minor resistance ($1.33) and retest the rectangle then continue it uptrend movement.
If not then we see a movement towards the bottom of the rectangle again.
Bitcoin Analysis Using Gann Fans There are multiple trend lines from different angles that act as a support to the current price. The light blue line (BOLD) is one of the trend lines that act as a support currently, probably the price won't break it and we'll go straight up to 48K and continue our uptrend.
#HEX Bear market nearing completion!Gann Fann from the September top
has controlled the hex price, showing the various resistance and support lines which the price has respected.
#Hex can break free of the final Fan within the next two months!
We never got into the single digit territory, a front run from buyers stepping in.
Lining up perfectly for the much anticipated #PulseChain launch. Where it should be one the most liquid pairs with bridged liquidity back to #ethereum.
20-30 cent zone seems like a great price upon main-net release.
With price parity and staking rewards many people will see new ATH's on their portfolio values! Even after sacrificing for PLSX & PLS
Congratulations Hexicans!! Still only in it's third we have moved beyoind proof of concept, removed a good portion of speculators and with increased eyeballs from a new #Blockchain
Coin supply removed
A Hex price north of a $1 potentiality looks upon us within the coming 12 months :)
Fanbonacci price prediction & levels 30 minute chart. April 4-25Fibonacci lines are levels throughout both Gann Fans.
Gann lines are support and resistance throughout the Fibonacci lines
Above the light blue Gann line is a bullish sentiment.
Below the light blue Gann line is a bearish sentiment.
The first Gann Fan line is plotted from the opening price of the day of the beginning of the double bottom.
The second Gann Fan line is plotted from the closing price of the day of the beginning of the (assumed) double top.
Both Gann Fan lines are comprised of the same amount of bars.
The Fibonacci line begins and ends at the Gann Fan lines respectively.
Date & Time price prediction is when the sequential Fibonacci line intersects the light blue Gann Fan line.
For example:
-April 4th 1:00pm (2:00pm market time) $451. Red Fibonacci line intersects the light blue Gann Fan line.
-April 7th 8:30am (9:30am market time) $445. Green Fibonacci line intersects the light blue Gann Fan line.
Beware of the intersecting Gann lines, as the direction of the chart may change.
Let's see how this plays out!
Feedback/comments are welcomed.
#WABIBTC#wabibtc long tp for shot term 0.0000032 & 0.00000444 tp for mid term 0.00000612 & 0.00000816 longterm tp 0.00001183 & 0.00001389