Gann Fan
All is well with BTCUSDT 4H commentary 00:00 HRS UTC signifies trend change in BTCUSDT in 4H time frame. We were hoping for higher low formation, and the time has come for that. Overall market structure looks good and it is doing what it is supposed to do.
Key target price for reversal:-
1. 44358 USDT
2. 44125 USDT
3. 42411 USDT
I do not think it will go further below 42000 levels, and upside is good. Hold, the key strategy here is to hold.
Band should be worth how many bands??Add this token to your long term holdings.
God protocols (Oracles) are undervalued in general as some of the most important DeFi tools
Under a billion total market cap and working with one of the biggest cloud hosting services, Google Cloud
On chain metrics look amazing
Interoperability and scalability are there
Bandchain 2.0 was just deployed
2021 Q3-Q4 mission is to focus on partnerships and marketing
This project has very similar properties to Matic/Polygon when it was in the pennies, except this token has yet to find its true price.
MATIC potential 2EOY potential: 10$ (top 5 based on current mcap)
Fundamentals:
* Predominant layer 2
* Most Eth dapps bridged already
* Chain merge? (Hermez Network) <pretty historic
TA/Price action:
* Elliot:
1. Appears to be in the process of wave 5, like most coins. (Following the rule of: equal to wave 1, 1500%=10$)
1. Wave 2 is by the book: flat, low volume.
2. Wave 3 is by the book: 1.618 of wave 1 (the first fib/circle shows that price stopped *exactly* there but momentum was too high for it to start a wave 4.
3. Wave 4 is by-the-book: 23.6% of wave 3 (the 2nd fib/circle lands *exactly* there)
* BBand shows that the trend was never broken, just tested. So wave 3 can't be a wave 5.
* TSV rising sharply since it's visit to the wave 4 end, supporting that it can't be an A/B wave.
* RSI weekly building a breakout (RSI 70)
* Gann catching the wave 4 descent & -60% correction after hitting top fan's 1/1.
^ But first will require a breakout outside of: 2, 3.5, 4.3, 6.3$
RSI resistance will be broken if it hits previous ATH and likely give it momentum shoot to the 4$~ area
Risk/reward:
1. Short term (bad): 1'ish (@2$)
2. Mid (standard): 2'ish (@Previous ATH)
3. Long (fantastic): 19.72 (@10$)
Disregarding 1. as there's not much point doing short term trends when upside breakout's more probable than down.
PLG to $14 in Nov to gain over 4x? Accumulation Cylinder Hello.
I have been watching PLG for sometime now and it seems we have reached a possibly strong inflection point.
We have a double back test from previous resistance.
One long term finding support from previous bottom resistance
Another short term indicating another possible reversal.
RSI is showing momentum is about to break the current downward trend
Current correction is testing the lower edge of the channel.
Estimating that around November 12 we will see PLG at around $14 for a +4x gain.
Using Gann Fan and Jesse Livermore Accumulation Cylinder from previous bump and run
This chart is full of good historic data showing strong potential for quick gains
EURUSD POSSIBLE END OF WAVE 4 Possible end of wave 4 and the start of wave 5 up is coming .
wave 4 will probably go down at least to 1.16028 before starting wave 5 .
breaking 1.19088 up will confirm the completion of wave 4 .
Good luck
Silver to gain 50% by end of September? Bullish pennant Potential bullish pennant for silver (Have been watching for 3 months now)
I think this is the last higher low before we send it to $37 by the end of September for a 50% gain
Using a Gann Fan it would seem the pole, target, and time line up for mid September