Gann Fan
Are we drawn to a predefined date and BTC price?
I'm a beginner but fascinated by the patterns in charts.
This BTC chart looks like we are drawn to one date and price.
The start of the pattern is half way February, that's coincides with the start of the Wyckoff pattern.
Depending of the start of the triangle/wedge a 50% to 150% gain is possible when the breakout is to the upside.
AMC updateI know many hated me for my last prediction about AMC, but you can´t ignore the main rules of trading my colleagues!
Anyway, I hope you remember my 2 last predictions and followed them well, even if you maybe hope that I am wrong;)
I updated the chart which behavior I assume. Hoping for a soon bounce, but we have 2 signifcant areas where the price could get and bouncing back.
The analysis is based on Gann Fan, which I like to use for overshooted stocks.
Here are the last 2 charts from me
5/26/21 First prediction overhitted my target - target reached:
2/6/21 Second prediction - half filled so far:
Bitcoin will do against the expectations!Hello Traders,
Many traders are waiting for GBTC unlock and they are thinking this event is bearish for Bitcoin but the market never moves based on our expectations!
I've been watching Bitcoin for a while. I was thinking Bitcoin will touch $28-30k but it could reclaim $33k support. Now, I'm confident about $43-45k target after GBTC unlock.
Trade plan EURUSD Consolidation Triangle Breakout patternEURUSD when I was analyzing and setting up the Dual GANN Fans I noticed that the pattern that is actually printing is 60% of a large Triangle that a breakout will occur in the future....if so I can see where price can rise (if the USD falls again) and consolidate in this pattern until BREAKOUT occurs. My educated guess is around Sept/Oct timeframe in-line with a DXY major reversal point that would drive this to break out.