Dale_G

Dale_G

Theory: BTC retest gann fans after breaking the fans used as support or resistance . Prediction: Retest of the 4/1 gann fan which could result in a rejection or develop support for further upward movement.

Dale_G Updated 

Currently we are either breaking out downward(weekly) or correcting back up into structure(via daily). The weekly candle close will determine is we have broken out of the current structure downward; however, BTC is currently correcting back into the structure as the weekly close approaches. Weekly indicators: IF weekly downward breakout holds until close....

Dale_G

When we reject off of a certain obvious horizontal line we have a temporary dump then resume the initial trend. Vertical lines represent overall trend reversals once crossed. Bullish trend reversal to Bearish trend starts July 14th according to gann square . Disclaimer: I could be completely wrong =] Thank you for your view and I look forward to any comments...

Dale_G

Gann Squares have vertical lines(Gold) which when crossed can indicate a trend reversal. The two instances displayed are bullish trends reversed into a bearish trend which have striking similarities. One which could be that the dump(s) and following pump(s) seem to have potential be a factor of two of the previous dump. The other two vertical golden lines have...

Dale_G

First Assumption: We are currently being rejected from the golden .618 fib on the daily chart. Second Assumption: Gann Fan indicates pattern is bullish overall (Above 1/1 Gann Line) however trending tends to fall to the bottom right Gann line (1/1) for support which it should do after losing the previous Gann line (2/1) support. (Unless somehow it retakes 2/1...

Dale_G

First Assumption: We are currently being rejected from the golden .618 fib on the daily chart. Second Assumption: Gann Fan indicates pattern is bullish overall (Above 1/1 Gann Line) however trending tends to fall to the bottom right Gann line (1/1) for support which it should do after losing the previous Gann line (2/1) support. (Unless somehow it retakes 2/1...

Dale_G Updated 

I decided to develop a new system with incorrect usage of fib spirals to determine chart trends. BTC respecting spiral trend lines leads me to believe that a Bearish Gartley is occurring due to BTC following the spiral fib trend lines while respecting fib-retracement trend lines. This discovery allowed me to notice a pattern which could potentially be correct due...

Dale_G Updated 

Fib Spirals using a method I decided to try/make to predict bitcoin trend. When BTC makes contact with fib spirals it will normally follow the spiral up or down the spiral trend line with an initial breakout. These breakouts will normally end up resting on a spiral trend line or fib retracement level. I predict that BTC will bounce off one of the fib...

Dale_G

Up/Down trend is indicated by candles crossing the 200HMA. Crossing the 200HMA upwards indicates an uptrend; furthermore, crossing downward indicates a downtrend. After fib extension levels are tested and doji candles appear a rally or pullback should occur depending on the overall trend direction. Uptrends result in a pullback and downtrends will result in a...