BTC possible Turnaround PointsI'm expecting a turnaround at about 41,700-41,300. Where the purple lines indicate either a double bottom or inverse head and shoulders. Along with the final bottom Gann fan line. I believe if it does not turn around and the final bottom Gann fan line it will continue on downwards. Towards 39k for a possible double bottom down there. I have hope BTC will have some sort of positive news or a catalyst of some sort in this next week. We're definitely due for another parabolic advance. The problem is it seems to most often happen as we're least expecting it. While just about everyone is looking down. Trade safe, stay positive! Like and comment please. I'd love to hear any ideas on which way things might go! Thanks🙏
Gann Fan
IDX: PGAS FOR NEXT WEEK 10-14 JAN 2022medium support at 1325
weak resistance at 1480
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.
IDX: BBNI FOR NEXT WEEK 10-14 JAN 2022weak support at 6975
weak resistance at 7250
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.
IDX: MEDC FOR NEXT WEEK 10-14 JAN 2022STRONG SUPPORT AT 478
MEDIUM RESISTANCE AT 524
I prefer greentrading 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.
IDX: TLKM FOR NEXT WEEK 10-14 JAN 2022STRONG SUPPORT AT 4120
MEDIUM RESISTANCE AT 4250
I prefer green tradingplan
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.
IDX: JPFA FOR NEXT WEEK 10-14 JAN 2021STRONG RESISTANCE AT 1875
MEDIUM SUPPORT AT 1755
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.
IDX: BMRI FOR NEXT WEEK 10-14 JAN 2022MEDIUM RESISTANCE AT 7175
WEAK SUPPORT AT 6850
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.
I'm not trading Bitcoin, but i want to pratice my knowledge.So i made this chart, i've learned to doubt 100% of predictions
Still i want to pratice my knowledge on chart and try something.
Price action should stay inside that triangle
200MA weekly is around 5800
if Gann Fan works, then it should stay inside these lines.
My guest is short it till it goes to 6000
but then yes it should bounce back.
if it goes into a purple region its a good sign of reversal the other way.
these are resistance levels.
AFRM: Gann Fans, AFRM is currently Trading below its 50/20 MA and its 12/26 EMA
the 12 EMA just crossed under the 26
Note the gap fill attempt
Using the Gann, it looks like support can be assumed along the 3/1 upangle and the 2/1 upangle to act as resistance if AFRM is to turn around
By using the 3/1 upangle AFRM may attempt that turnaround.
Assume the 3/1 downangle as resistance for the next 4-6 weeks as well unless broken by the 3/1 upangle
In my opinion, AFRM is finding a bottom soon
If AFRM decides to fill the gap in the next few weeks, I would look to the 8/1 to be support and this would indicate more bearish price action. ( Lower Lows would be set).
Neutral now, will update as time progresses on this one.
I would suggest keeping an eye on the options chain as well, big rolling down of calls and some big BTO purchases came in today as well.
Ticker Side Stirke C/P Date Spread Spot Size Prem OI Volume
AFRM BUY 95 call 2022-02-18 $7.15 - $7.40 $7.65 15,200 $11.6M 381 16.1K Floor
AFRM BUY 105 call 2022-05-20 $7.60 - $8.20 $8.25 13,950 $11.5M 642 15K Floor
GANN Analysis on BitcoinA Triple Evidence that price is on a local bottom.
- Price has been rejected at Demand Zone.
- Price is receveing support on a Gann Angle
- Price is squared in time as there is been a rejection exactly on a Gann zone ( Blue Vertical line 37.50% )
Hurst Cycles also showing a local bottom
Can't all be a coincidence :)