Stairway to Heaven... Hell... or Purgatory $algoThis set up goes all the way back to lowest point of Algo on Nov. 4, 2020 following the previous peak in Aug. 2020.
Notice the trend since Feb. 12th peak at 1.8585. The dips occur at the cross of the 3/1 (red ). The peaks occur at the cross of the 2/1 (yellow).
If the trend continues I see 3 possible scenarios to play out:
1. Algo breaks out in a big way when the 2/1 crosses the previous high of $1.8585. That has the look of a cup and handle. (Stairway to Heaven)
2. Rejection at $1.8585 with a retrace to the 3/1 line where it finds support. (Purgatory)
3. Rejection at $1.8585 with a retrace to the 3/1 line. Support lost and we enter a bear market. (Hell)
I don't trade. I HODL. Not investment advice.
Please share your thoughts or predictions.
Gann Fan
The Gann of Truth - ETHUSDUsing an old 2017 gann for my upper resistance levels.
Money seems to be rotating back into ETH and ETH defi because devs were able to reduce network fees to a tolerable level. We got a slick 30% pamp on ETH the last week or so and finally found some resistance.
Clear rejection at 2548. If this bitch bounces at 2310 & breaks thru 2548, we ridin straight to 3400. If not, next support level is 2134. I'd be looking to buy there.
IDX: TLKM - DILEMA WITH EMA 55Medium resistance at 3520
medium Support at 3260
market close at 3360. next week, TLKM will try EMA 55. it'll decide where will market go.
personally I like green trading plan, wait until it confirm bouncing from ema 55. go in at 3380 out at 3450.
have a nice trading.
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 GOOD VIBE, GOOD OPORTUNITY FOR INVESTweak support at 2040
medium Support at 2150
medium resistance at 2390
Market close at 2160, it's surpass medium support . it'll be continue to 2390. go at 2200 , out at 2350
Green trading plan is my recommend,
have a nice trading.
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.
$PERP Tools used:
4 HOURLY CHART, checking for most recent trend pattern
Lowest low: 26th March 2021 8PM (UTC +8), vertical line
Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8),
X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle
X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle
Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM (UTC +8),
Possible bullish price actions:
As per blue highlighted bars
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Tools used:
4 HOURLY CHART, checking for most recent trend pattern
Lowest low: 26th March 2021 8PM (UTC +8), vertical line
Highest High: 2nd April 2021 12PM (UTC +8), horizontal line, before breakdown happens until today 5th April 2021 1:30AM (UTC +8),
X-Y coordinates between vertical line and horizontal line from the top, draw gann fan on a 45 angle
X-Y coordinates between vertical line and horizontal line from the bottom, draw gann fan on a 45 angle
Gann Fan ratio 8/1, 3/1, 2/1 identified the support and resistance of the breakout from 5th April 2021 1:30AM (UTC +8),
Possible retracements:
As per red highlighted bars.
Consider the retracement as bull market does not promise consistent growth. Up next, will be bullish version :)
Why 56-57K Is important for BTC?Similar to 50K which was a good support, at this region we have MA20, static line, Gann Fann 2/1 and trend line as resistances. If BTC breaks this region, we will have a good growth.
I think BTC finally breaks this line and we will see a good growth by rectangular flag pattern. Wait to see what will be happen next.
IDX: BBCA PREPARE YOURSELFweak resistance at 33150
medium Support at 31475
market close at 32825, it's surpass 33150. it'll be continue to 31475. but if market could make it rebound to up to his weak resistance at 33150. it potentially fly to 34.xxx
we dont know , if you want to set but. buy it at 33.300 and out at 33.700 that will be good, for you who wanna try.
for me i will wait for tomorrow
have a nice trading.
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.