Hello everyone this is Gann star you can use it for Scalping and Predict the price action i'll teach you how to know it
Trend lines: Supports & Resistances
Horizontal lines : Supports & Resistances
Vertical lines: Time reversal date you can predict the next candle bearish or bullish because this reversal for the last candle if it was Bearish so next on time reversal is Bullish
Diamond: Random movement inside it to choose the Bearish or Bullish way
In case the price out of this star and closed with two 4H candles so this star is failed
Happy profit
Dont forget to press Like & Follow
Trend lines: Supports & Resistances
Horizontal lines : Supports & Resistances
Vertical lines: Time reversal date you can predict the next candle bearish or bullish because this reversal for the last candle if it was Bearish so next on time reversal is Bullish
Diamond: Random movement inside it to choose the Bearish or Bullish way
In case the price out of this star and closed with two 4H candles so this star is failed
Happy profit
Dont forget to press Like & Follow
Note
Next 4H candle is reversal get ready for it i hope BTC take a good action to finish this boring movementNote
BTC/USDTBuy now: 3560 -3610
First target: 3670$
Second target: 3800$
Third target: 3950$
STOP-LOSS: 3525$
Note
STOP-LOSS: 3490$ < EditedNote
Bitcoin still above the up-trend and 3550$ support but we're waiting for a strong action whether up to our targets or down to touch the strong volume zone 3380$ Also keep in mind we're under 3670$ we should break it with a strong volume to reach our targetsYou don't have to take the risk or take it with a reasonable stop-loss
Note
Check new ideaNote
I love gann star <3 100% respect
Note
We should stay above 3540$ to see some correction maybe to 3700 or 3850 maximum but i see that bitcoin forming a bearish flag pattern next dump would take us to 3350 - 3400 but dont forget that our target is the previous bottom we should retest this bottom but i think bitcoin didn't reach set his real bottom yet but every step whether bearish or bullish should consist of some conditions so we don't have to predict the real bottom we just follow the conditions of each wave Note
We are staying above the up-trend of RSI on daily time frame i hope this support can hold us but we have sold bitcoin on our last target But if there's a bounce coming should be from the current zone
Note
I'm waiting now for the rally because there's some bullish signals which could take us for some correction Firstly: Break-out of triangle
Secondly: Bullish divergence RSI
Thirdly: Bullish MACD
Our target is 3850$ and if the whales wants to make the action without people as always i think this is the best time for bullish but just follow my insights do not rush
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.