Get started

Gann Fan

Bearish scenario: descending trend breaks down taking us to 23kDespite defending the weekly open, the bearish scenario is highly likely to play out. We have a descending trend / triangle and these have a high probability of breaking to the downside. Rejected from the .5 fib level. Fundamentals - poor week for Ripple has caused fear in the market, particularly for institutions. One of the largest ever CME gaps from 23.8k, we pumped to 28k VERY fast which will have surprised many institutions who want to buy at that level. Pullback is natural and due.
BYBIT:BTCUSD.PShort
by TemptingBeef
Ridiculous XRP ChartToday, in our new series of ridiculous charts, we look at XRP. It has come to our attention that there is an article, written by: "a seasoned investment professional and a crypto analyst covering the blockchain space. With a dual degree in Business Administration and Creative Writing" that addresses the possibility of XRP rising to $ 692 in 2020 (or after). Using a Gann fan (at angle 45° !), we can see (after defining top and bottom of trend !) XRP respecting the 4/1 ratio. Furthermore we can note that previous "bull-runs" knew an incline of 73° and 77°. In order to get to $ 692 an incline of only 58° is needed .. so ..plausible. ($ 69.200 seems logical based on previous data)
BITSTAMP:XRPUSD
by Je_Buurman
7
XAUUSD Gold Price Technical Gann Analysis for 12/21/2020The price movement is pretty high today, and both support and resistances holds for now. My analyze is telling it is good to watch until one of supports or resistances break. supports: 1855.69 1818.10 17.68.00 resistances: 1907.65 1964.42 Best strategy: With news of agreement on stimulus, the price will be bullish and best place to enter the market is long in 1860.00 with tp of 1950.00 and sl of 1845.20 please write your comments below, what do you think about the analysis?
FX_IDC:XAUUSDLong
by amiiinghasemi