SoonUSDT Gann analysis
Hello Dear traders
long term target for up cycle could be 0.000804
Important Support and Buy zone 0.000178
More Details:
This is a 1-hour chart of **SOON/USDT** on Gate.io, utilizing Gann square levels and angles to predict potential price movements and key support/resistance zones.
---
### **Key Observations:**
#### **1. Price Levels:**
The chart uses **Gann Degree Levels** to pinpoint key areas of support and resistance:
- **0° = 0.00007000 USDT**: Foundational support; likely the strongest bottom.
- **45° = 0.00011800 USDT**: Immediate support.
- **90° = 0.00017800 USDT**: Current minor support, acting as a pivot level.
- **135° = 0.00025100 USDT**: Resistance zone if the price pushes upwards.
- **180° = 0.00033700 USDT**: Major resistance in a bullish move.
- **225° = 0.00043500 USDT**: Secondary resistance on a rally.
- **270° = 0.00054500 USDT**: Key upper target for the short term.
- **360° = 0.00080400 USDT**: Long-term bullish target.
---
#### **2. Price Action:**
- **Current Price:** 0.00020856 USDT (slightly down by 0.018%).
- Price is consolidating near **90° (0.00017800 USDT)**, showing potential accumulation.
- The rejection from higher Gann levels (135° or above) and multiple failed breakouts indicate bearish pressure but with limited downside risk near strong support levels.
---
### **Possible Scenarios:**
#### **Bullish Scenario:**
- **Trigger:** A breakout above **135° (0.00025100 USDT)** with strong volume.
- **Targets:**
- **First Target:** 180° (0.00033700 USDT).
- **Second Target:** 225° (0.00043500 USDT).
- **Ultimate Bullish Target:** 360° (0.00080400 USDT) in case of sustained bullish momentum.
#### **Bearish Scenario:**
- **Trigger:** A breakdown below **90° (0.00017800 USDT)** with follow-through.
- **Targets:**
- **First Target:** 45° (0.00011800 USDT).
- **Final Support:** 0° (0.00007000 USDT).
---
### **Time Cycle Analysis:**
Using the Gann square grid, key time zones are highlighted:
- **28 Dec 2024:** Price action likely aligns with major support/resistance tests.
- **30 Dec 2024:** Potential reversal or continuation zone based on trend.
- **2 Jan 2025:** Another significant Date Marks important reversal
---
### **Trade Setup:**
#### **For Buyers:**
- Look for sustained breaks above **0.00025100 USDT (135°)**.
- Place stop-loss under **0.00017800 USDT (90°)**.
- Targets: **0.00033700 USDT (180°)** and **0.00043500 USDT (225°)**.
#### **For Sellers:**
- Short if price decisively breaks below **0.00017800 USDT (90°)**.
- Stop-loss near **0.00025100 USDT (135°)**.
- Targets: **0.00011800 USDT (45°)** and **0.00007000 USDT (0°)**.
---
### **Conclusion:**
This Gann analysis highlights clear levels and time-based decision zones for Soon/USDT. The next few trading days, particularly leading into the new year, will be critical to determining whether it continues its consolidation or breaks into a trending move.
---
Feel free to share your thoughts and let me know your analysis in the comments! 🚀
long term target for up cycle could be 0.000804
Important Support and Buy zone 0.000178
More Details:
This is a 1-hour chart of **SOON/USDT** on Gate.io, utilizing Gann square levels and angles to predict potential price movements and key support/resistance zones.
---
### **Key Observations:**
#### **1. Price Levels:**
The chart uses **Gann Degree Levels** to pinpoint key areas of support and resistance:
- **0° = 0.00007000 USDT**: Foundational support; likely the strongest bottom.
- **45° = 0.00011800 USDT**: Immediate support.
- **90° = 0.00017800 USDT**: Current minor support, acting as a pivot level.
- **135° = 0.00025100 USDT**: Resistance zone if the price pushes upwards.
- **180° = 0.00033700 USDT**: Major resistance in a bullish move.
- **225° = 0.00043500 USDT**: Secondary resistance on a rally.
- **270° = 0.00054500 USDT**: Key upper target for the short term.
- **360° = 0.00080400 USDT**: Long-term bullish target.
---
#### **2. Price Action:**
- **Current Price:** 0.00020856 USDT (slightly down by 0.018%).
- Price is consolidating near **90° (0.00017800 USDT)**, showing potential accumulation.
- The rejection from higher Gann levels (135° or above) and multiple failed breakouts indicate bearish pressure but with limited downside risk near strong support levels.
---
### **Possible Scenarios:**
#### **Bullish Scenario:**
- **Trigger:** A breakout above **135° (0.00025100 USDT)** with strong volume.
- **Targets:**
- **First Target:** 180° (0.00033700 USDT).
- **Second Target:** 225° (0.00043500 USDT).
- **Ultimate Bullish Target:** 360° (0.00080400 USDT) in case of sustained bullish momentum.
#### **Bearish Scenario:**
- **Trigger:** A breakdown below **90° (0.00017800 USDT)** with follow-through.
- **Targets:**
- **First Target:** 45° (0.00011800 USDT).
- **Final Support:** 0° (0.00007000 USDT).
---
### **Time Cycle Analysis:**
Using the Gann square grid, key time zones are highlighted:
- **28 Dec 2024:** Price action likely aligns with major support/resistance tests.
- **30 Dec 2024:** Potential reversal or continuation zone based on trend.
- **2 Jan 2025:** Another significant Date Marks important reversal
---
### **Trade Setup:**
#### **For Buyers:**
- Look for sustained breaks above **0.00025100 USDT (135°)**.
- Place stop-loss under **0.00017800 USDT (90°)**.
- Targets: **0.00033700 USDT (180°)** and **0.00043500 USDT (225°)**.
#### **For Sellers:**
- Short if price decisively breaks below **0.00017800 USDT (90°)**.
- Stop-loss near **0.00025100 USDT (135°)**.
- Targets: **0.00011800 USDT (45°)** and **0.00007000 USDT (0°)**.
---
### **Conclusion:**
This Gann analysis highlights clear levels and time-based decision zones for Soon/USDT. The next few trading days, particularly leading into the new year, will be critical to determining whether it continues its consolidation or breaks into a trending move.
---
Feel free to share your thoughts and let me know your analysis in the comments! 🚀
Time is more important than price. When time is up price will reverse." – W. D.
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