In this daily timeframe analysis of BTCUSDT on Binance, we explore the implications of the Gann Square of 9 method. Notable future dates have been marked where significant price movements could potentially occur. The chart includes vertical dotted lines with dates labeled above them, which seem to represent important dates predicted by the Gann Square of 9 method.
Starting from left to right, the dates labeled are :
A cautious approach would be to look for confirmation signals such as increased volume or a strong close beyond these levels as we approach the forecasted dates. It's essential to implement solid risk management strategies and consider setting stop losses to protect against unexpected moves.
Starting from left to right, the dates labeled are :
- August 19, 2023
- September 1, 2023
- September 25, 2023
- October 24, 2023
- November 9, 2023
- December 12, 2023
- January 1, 2024
- February 7, 2024
- March 2, 2024
- April 12, 2024
- May 10, 2024
A cautious approach would be to look for confirmation signals such as increased volume or a strong close beyond these levels as we approach the forecasted dates. It's essential to implement solid risk management strategies and consider setting stop losses to protect against unexpected moves.
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.
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.