As we can see in the chart, the downtrend continues for ADA. I am hoping that it will start moving upwards once it touches the 78% Fib level as marked in chart Might face some resistance from the upper trendline of the falling parallel channel, then will breakout above and continues the uptrend. It might face resistance from 50 SMA too at trend line forming...
Gann Fann + Fib for your easy understanding of all Support and Resistances in 1D Time frame Fib- for Horizontal S/R Gann Fan- for angular S/R Enjoy the trades. #NFA #DYOR
Time frame- 4H Exchange- Binance Coin- BTCUSDTPERP Chart includes the following Indicators 1. My own Custom Indicator - " Raptor Super Indicator " As per the above indicator composition: The current price level is already below EMA-13, EMA-21 & EMA-200 => Highly Bearish The current Parabolic Support and Resistance levels shows downward movement => ...
This time I have made some trend lines over it's movement and it's looking to breakout the channel in which it went down.
Used Gann Fan and Fib to check it's uptrend areas and how smooth it will go as per trend. Perfect time to buy this one in the dip. Further dip will be coming and will end by tomorrow morning. So yeah buy in parts and average your trade position accordingly to have a smooth profit journey when trend is back on it's course. Seems like a good opportunity to me in...
In continuation with my previous post, I think BTC is againg moving in a range bound manner. It will continue this movement for about a week. There are 2 scenarios shown in the chart. Let's see which one plays out and in what time manner. It's about patience. Hahaha. Cheers peeps.
Looks like it will go down till 11.076 and will retrace back to upward movement
This is right now what I am thinking. Let's observe it for about a week. I think BTC will be moving in a range sideways. As per my chart calculations it will stay in this region marked in rectangular box for about sometime and then will spike up big. There are too many support levels as in Gann Fan indicator and Pivot Indicator. Plus few resistance levels above...
I am a newbie and learning TA for my own trades. I have made this chart prediction for the trade I placed based on the following Indicators: 1. Pivot- for Support and Resistance 2. Fib Retracement for the levels of the retracement a trade can make. 3. Gann Fan to check it's diagonal resistance and support levels. 4. Pitchfork Indicator - to find out the...