GannJourneyman

GannJourneyman

Gann + Fib Circles

GannJourneyman Updated 

This setup looks to have a nice upside and we are right at the beginning of it all. I will be getting into this trade. Here is what I am seeing. Weekly Charts Analysis: Looks like the Main Wave 1 in the big picture just finished here. There is not much to go off of indicator wise and the volume appears to be flipping everyone the bird. HAHA :) Daily Charts...

GannJourneyman Updated 

CVC has several levels to breakthrough before reaching the next fib level in the ascending triangele. Given the price of bitcoin on the move, it could make it difficult to break higher. Keep your stop loss entries tight along the trend line should bitcoin spike higher.

GannJourneyman Updated 

Monaco (MCO) looks poised to explode out of a very long descending triangle. Several times it has bounced off of the 0.886 fib for support as of late. My thoughts are to buckle-up for a nice ride.

GannJourneyman Updated 

NXT looks to be nicely completing the Wave A retracement as the descending triangle pattern is deep and right below the 0.786 fib level. This is usually a prime level to enter on coins. Volume is also decreasing and going into the stall zone which is a good indicator of a breakout. This however will begin the B Wave so be sure to lock in your profits and hop out...

GannJourneyman Updated 

I like the setup of XLM and will be entering this coin. I have posted images because I am not sure what all will post. Weekly Charts Analysis: I can clearly see that the Main Wave 3 on the storyline here has completed, RSI is peaked out, and the retracement has begun with lower highs and lower lows. I project that the bottom of Wave 4 will complete near the...

GannJourneyman Updated 

BNT is added to my watchlist. With Wave 1 nearly complete and the gains on the 1st wave were 350%+! That means Wave 3 is going to be massive! I will be watching the retracement of Wave 2. Initial Target Entry Level: 27645 - 21619 *This may change as the wave forms =============================================================== Welcome to my journal of...

GannJourneyman Updated 

ARN had something about it that caught my eye. Specifically, it was the fact that Primary Wave 1 was 2500%+ in size! Once again setting the stage for a huge Wave 3. I have already entered this trade, and at the time of this post it should still be a valid entry. See targets below. Weekly Charts Analysis: This chart is in its infancy. Not a whole lot to go off...

GannJourneyman

This chart has me very optimistic based on a few factors. 1) The prices are near a good support line. With the past price movements, this coin has steadily bounced off of this price about 4 times. This 2) This coin has a pretty good risk to reward ratio. Based on the past movements this coin could go up and retest the .718 fib retracement and that in itself...

GannJourneyman

I got a message asking about the value of SNT. At this time I would not make any moves until the first full market cycle completes (where a complete uptrend and downtrend have been clearly defined). At this time I don't feel the bottom has clearly been defined yet. I would keep an eye on it over the next week or so for it to make a decision and from there we...

GannJourneyman Updated 

TokenCard appears to be finishing the 5th Elliott Wave as a retracement is now forming. My target is for the prices to bounce off of the .618 fib (Wave A) then right above the .5 fib (Wave B) and then finishing out right above the .718 fib (Wave C). I am looking for an entry at that point (0.00037899 to 0.00033221). I will check back on this chart in a few days...

GannJourneyman Updated 

Over the past few days I have been eyeballing XEL/BTC lining myself up for what I feel like will be a big move for the coin. Zoomed out you will see a bigger picture of the #4 dip starting to form which has taken longer to find the new low. The coin has bounced off of the .786 fib retracement once and was rejected. An uptrend is starting to form but the...

GannJourneyman

In my opinion it appears that ETH/USD is headed to do a little retrace on the correction of the Elliott Wave. Once the dust settles it will be interesting to see if a new wave begins or some further consolidation happens. I would not be surprised to see the last move down to (C) could be extended longer as that point showed some support previously. With the...