When studying the relationship between percentages of the moves we have been seeing there appears to be a possible fib ratio at work. I.e the difference between the 125% and 211% is 1.688 (not far off a fib ratio). If we were to speculate on the next move up we could take the previous 211% move and multiple it by the fib ratio of 1.618. The result is a percentage...
Replicating the trend line that is drawn from the April high to last weeks high of 395 (shown in red) could indicate possible resistance at the 560 level. Interestingly a chartist from T.V who has spoken with big pocket investors said they had also spoke of this ~560 area. Lucano from MondoBitcoin also mentioned this 560 in one of his analysis videos....
A geometric experiment to observe how price follows certain geometries (assuming price moves down). In this case I have used a rectangle generated from two recent highs (green rectangle). A square was stacked and a double square rectangle produced. Interestingly I cloned from the green rectangle L-R first. I then added the 3 rectangles to the left of the green...
Its interesting to note that the recent down move created a double square (1:2), or a root rectangle (shown mirrored to the left of the move). Also of interest is when you mirror it the left the side aligns with the small peak (shown orange dashed vertical line) Cloning it down along the 1/2 Gann line it aligns with some of my entry and exit targets. Again the...
I have been studying and charting/ experimenting with Gann dates with my price targets. In this study I have re-looked at the previous Gann Date of August 8th and studied the geometrical relationships. The August 8th Date saw a considerable run from around 100 to 147. Ive mapped a rectangle over this move and cloned it along the same angle using the Gann date of...
A speculation about the next move using Gann Square and approaching Gann Date of September 23. Hopefully we may have finally completed an ABC move down and will continue with the upward trend started in early July. The approaching Gann date will hopefully be a new high in this market since early July this year. More about Gann dates and day counts...
Move to the upside to follow?...
This is a revision of my previous chart. Again I have plotted some entry and exit points I have been determining from previous moves, Fibonacci/geometric analysis and coupled them with Gann counting methods (Similar values plotted as last chart just allocated to different times. see previous post for more info.) IMHO I think we'll see a double top with a short...
IMO I think we are on the edge of another significant move up. This chart plots the time between the market high. Using key Gann days as measure. i.e 30, 60, , 120, 150, , 210, 240, , 330 and 360 days. The chart also highlights key Gann dates.... 150 Days from market high (Sep. 7th) is quite significant. I think it marks the end/bottom of a retracement...
This morning (AEST) I saw we broke the trend line (red) from 65 touching 102 to 127. Then thought I'd see what Gann would say. Drew a Gann fan on the 45 degree from 65. We fell from the 2/1 and are now resting on the 3/1. Could we then reverse trend to touch the 2/1 again? (see previous chart) This chart shows in detail (2H) this speculation by copying bars from...
This morning (AEST) I saw we broke the trend line (red) from 65 touching 102 to 127. Then thought I'd see what Gann would say. Drew a Gann fan on the 45 degree from 65. We fell from the 2/1 and are now resting on the 3/1. Could we then reverse trend to touch the 2/1 again? My next chart following this, shows in detail (2H) this speculation by copying bars from the...
On July 6 this year, after a fall, we had a bear formation that broke down, but only briefly. We then had a reverse in the bear trend. This bear formation just broke down..will it free fall or could we return back to some aggressive upwards movement? Maybe I'm just being an optimist NB: similar moon setup
This last move over the last 12 hours seems quite similar to a move around the 22 of March this year during the ascent. Food for thought
I previously plotted some sell points generated from geometric analysis of BTCUSD charts done in a CAD program. The next sell point I have is 160-161. In the last version of this chart I had sell points of 143 and 161. The 143 was pretty spot on. We can then see that when we draw a fib tool from 133 (the high of the previous move) to 142.79 we get a fib extension...
***This chart is superseded by my most recent chart 'Geometric Experiment 2'. We go straight from 145 zone to 160 zone then after a little pull back another push to 168...either way we are going up :) Again plotting a sell point (165) generated from geometric analysis of BTCUSD charts done in a CAD program. The sell point in between (156) is arrived at by...
I have plotted some sell points generated from geometric analysis of BTCUSD charts done in a CAD program. The next few sell points I have are 143-145 followed by 160-162. I have plotted them onto the TV platform and have cloned pennants/triangles and trend channels to try determine possible time frames.
A bit of an experiment. Just plotted some points I generated through geometrical analysis of the price action from July 07th 2013 till now.. (I arrived at the bottom figure of 53.5 through two slightly different ways) It looks pretty gloomy :) :( I''m thinking the market may turn around August 8th. This came after a little research into Gann (who Ive only become...
Short term bearish. Long term Bullish. I have been experimenting with some analysis and have plotted out some of the points. The green moves represents little bounces between the main legs down. The run from 65-103/4 started on the New Moon of July 8th. I believe this leg down will counter balance this run up and will end on the Full Moon (Super moon I...