Friday closed -25% from ATH. This is possibly very bearish for Monday.
I made clones of the gan squares that I made from fitting a speed resistance fan from the set up of may/June and speculated $90 then down to January 2021 to $2. That I put a gann square in and cloned them. Side by side as if it were like a fractal or something. This held up to respect and if this charting is correct. This would have to be a jump off the gold...
AMC has been filling gaps and leaving behind multiple green candles in a row. The MACD on the 1D is getting some action and the 1D BOLL and IC has been broken through. What is next for breakouts of resistance would be the 1W of the Bollinger bands and Ichimoku Cloud. This and previous floors are to look out door in up coming price action.
We saw another break about day on AMC. With this momentum and technicals, it’s possible to see a move this week to the $35 floor. The 27-30$ area is in its way with not as much time spent there in price as we saw previous at 14-16 and 35-40.
On the 1Week Bitcoin resembles a possible head and shoulder. I made up a bars patters and for the time I did 1.5 years. Left shoulder and head 1 year * right shoulder 0.5 years * We saw a head and shoulder recently but the weekly also has a good that’s possible even bigger.
I made the fib at $45,000 and $44,500 because $44,500 was a resistance that turned into supper. And $45,000 seem to be a small breakthrough point.
From my last idea I forgot to add in the ganns. I always use fib fans with gann squares because I feel that they work well together
This has the exact same concept as my last idea. Having ganns that span 30day, 60day, 90day, 180 day, 360, day periods. I did that because people probably have bets for those day in and around the ATH price action dates or ATL dates.
To size this gann square and speed fan is, I took 89 and 178 days as a possible time guide bc 4quarters in a year and 178 is half a year so I did the ganns in 178 days from the ATH down lows since then. Then have one facing left as if it were to be a reversal trend. A lot of hype gets around ATH especially ATHs that keep breaking records. So a lot of beta...
Both squared and speed fans I added to see all the respect points.
From my last idea. I took that same sizing and put in a fan speed resistance fib facing all 4 ways.
With the gann fans I sized in a gann square and faced it all 4 ways to see the respect areas.
From my last idea I added the gann box fib circle thing and it looks super respectable.
I been experimenting with trendlines and gann fan resistance in general way. I would make trend lines and those trend lines would look like part of a gann fan. So I would fit one up and it would look like it’s suppose to be there. It has really line touch points and the trend lines it gives off would be respectable to. Now with this one I just happen to make...
I accidentally made. Fan on AMC with the trendlines on the way down. So I did the with Bitcoin and it worked perfect. Then I added one to up and forward and lined up exactly.
By two trendlines I saw what looked to be a gann fan. I fitted it, and it was exact match. So I made the resistance along that long and to the $2 mark. Side it was going in the down direction I took that same scale and and point and time then made it forward. From there I fitted a gann square to that scale. And then a small gann square to scale and angle but...
I found this fib I made February 18th 2022. I forgot exactly how I made it. I think I just took highs and lows at the best respect points.