Get started

Gannfanstrategy

Bitcoin price forecast scenarios for the coming weeks!! We are almost to our bottom boys, and here is a bullish trading idea I am planning to trade. The price will dictate which entry is used, regardless of the entry, I picked out profit areas using previous value areas of significance that I highlighted on chart. Go ahead and hit the share icon and click "MAKE IT MINE" and play around with all my indicators and goodies. Right now keep a close eye on bitmex shorts vs. long as that is where very much of the volume is coming from these here days. Unless you have a long term trade like this- be careful of the chop. Anything above 10x gets stopped and rekt. This is simply the bullish play in my book, this is not intended to be financial advice. PM me for TG. Namnaste'
BITMEX:BTCUSD.PLong
by SKYLOBSTER
BTC - Gann Fan Strategy - Remedium for anxietyHi Guys. As market is still unstable we would like to share with you interesting and promising strategy which can help you to get calmer. It presents in a elegant way current trend and tells us when to buy and sell or when we have to just wait for the final verdict. This indicator is notable unique because it draws diagonal support and resistance levels at different angles. At first sight you might recognize the indicator because it’s a colorful indicator much like the Fibonacci Channel indicator. One of the main reasons why Gann fan angles are superior to the horizontal support and resistance levels is that financial markets are geometric in their movements. This means that if you can spot a pattern or or any other geometric shape in a chart, then there is a high probability you can spot them at the Gann fan angles. Gann fan trading strategy can be applied to all markets because according to the Gann theory, financial markets move as a result of human behavior which makes them cyclical in nature. We have special Gann fan angles and more specifically Gann came up with 9 different angles. The most important angle is the 45-degree angle or the 1/1 line. For every Gann angle, there is a line that is derived from that angle. We can distinguish 4 different Gann angles above the 45-degree angle and 4 other Gann angles below, as follows: 1/8 1/4 1/3 1/2 1/1 – 45 degree 2/1 3/1 4/1 8/1 According to Gann theory, there are special angles that you can draw on a chart that will give you a good indicator of what price is going to do in the future. All of Gann’s techniques require equal time and price intervals, in other words, a rise of a 1/1 would imply a 45-degree angle. It may sound a bit ambiguous but it is easier that it sounds. In the comment section we will provide you step-by-step explanation how to proceed your Gann Fan Stratefy of any asset you want. We will base on latest BTC 3.22% chart. So let's go!
BITFINEX:BTCUSDEducation
by WBM_Team
1