Gannangles
W.D Gann's 1929 stock market prediction compared to the BTCI have noticed that William Delbert Gann's stock market prediction of 1929 could be very similar to Bitcoin's current price movement and decided to make a comparison. The result was shocking! Gann managed to predict the crash of 1929, also called as "Great Crash" years in advance.
BTC from Zero To Zero so the whole idea started from the question is it going back to Zero ?
using the Gann fixed squre . the chart was squared from the zero to the top . and then from the top to the zero again .
and two gan box ( star ) and support fan was used . to show possible support prices .
so the only possible long position would be 11932
or . if it holds above 22932 by end of August
BTCUSD: Preparing Positional Long EntrySince our last post, the BTCUSD market went through a corrective phase that brought the price to the mid20k level, the lowest price since the onset of the price discovery phase when the prior ATH was left behind with a bang. It is an exceptionally well-behaved market despite the turmoil that many other DeFi projects incl. stable coins have been going through. It seems reasonable to be looking for opportunities to add to long exposure in this market as the risk/reward is becoming more attractive.
Key events/levels to look for clues:
25k bottom retest;
25k bottom retest +break = 7.5k extension lower;
17.5k - 22.5k as a major bottom.
INDEX:BTCUSD is at a very pivotal moment and opportunities always come with risk, do manage the risk accordingly.
Staying tuned for further tells.
AUDUSD »» What could be the first breakout?
We'll wait for this wedge pattern breakout first. If it breaks upwards, we will wait to trade from the breakout point or re-test area. And when the price moves closer to the resistance trade line i.e. 0.72 or 0.776, then if one confirms bearish movement then we will keep the target down to the support area (green box). If there is no price bounce in this area then we can see the price above 0.69 in the future as per the previous analysis. And if the audusd pair bounces back from the support area, the upper white trendline resistance area will take a breakout and there will be a big bullish price in the future (expect 0.75/0.79).
💁 Previous AUDUSD Analysis Chart
⏩ If impress our ideas,, so pls like & share your comment about this with opinion ✍️
Gann Dates EthereumMAY/6 : one eight of the year
JUNE/20 : two eights of the year
AUGUST/05 : three eights of the year
SEPTEMBER/19 : four eights of the year
NOVEMBER/03 : five eights of the year
DECEMBER/18 : six eights of the year
FEBRUARY/01 : seven eights of the year
MARCH/21 : one full year cycle
Ethereum May 2022The price has fallen below key percentage levels as well as important angles which historically means a revisiting of lower levels levels. Historically during this phase of the cycle, BTC/ETH have reached its lowest point in November between Mars heliocentric reaching 0 degrees Taurus and Gemini.
However, the price has fallen into that period with peaks and valleys along the way, or sideways consolidation with minor variable increases and decreases.
So many square aspects and eclipse periods approaching middle of May is reason to tread with caution.
Squaring Price With TimeThis is simply my method thats works best for my trading style. This method works on any time frame and yeilds 90+ % swing pivot trading accuracy.
Observe the right edge of the box as it indicates the future pivot dates.
There is no need for me to use any other method but please keep in mind there are other methods available to discover if this doesnt suit you.
Always use this as a confluence and not alone as a single trading stradegy.
BTC MAY 90 Degree AnglesPer request of @PremiumSunny .
119 - 90 = 29
112 - 90 = 22
(please see previous post on 90 degree angles for explanation)
Squared chart, and yes I expect the price of BTC to be heading down as we are in 7 bearish macro cycles until 2024 and as you can see price continues to fall below these key angles. However there will be bounces along the way.
Pivot dates:
April 24-26th
May 1-2
May 8-9th
May 17-18th(lunar eclipse)
etc...
Gann 90 Degree Angles𓃭 𓆃 Example of 90 degree angles in the market.
𓃭 𓆃 Measure from a low to a high pivot the angle degree.
𓃭 𓆃 Then subtract 90 from that degree. For this example: 116-90 = 26.
𓃭 𓆃 Then measure a 30 degree angle from point A.
⋆⋆———✧◦♚◦✧——————⋆⋆——————✧◦♚◦✧——————⋆⋆
There is no Gann "secret"
Gann was a guy of his time. It was the Technical Analysis of his time. And Gann was a Technical Analyst of his Time.
No more no less. No more than Wyckoff, Dow, Elliott and many more.
But today nobody sell the secret(s) of Elliott, Wyckoff, Dow, and the others.
Gann never fully explained the "Law of Vibration" because he could not!
Gann created a bunch of Squares (9, 52, 12, 144 etc).
Right now you have not to use the Square of Nine as a proxy for a square root Calculator, very useful between 1900 - 1950, but today we have 3 dollars pocket calculator. I can even calculate a square root with my phone.
Hence it is more useful to focus on the the hundreds of analysists and researches that all point to the same thing, planetary cycles. They are obvious once one takes the time to discover and plot them all.
The angles are useful indeed, but they are no secret. Nor are the cycles.
They are revealing themselves every second of every day for anyone willing to observe and put in the work.
90 Degree Gann Angles𓃭 𓆃 Example of 90 degree angles in the market.
𓃭 𓆃 Measure from a low to a high pivot the angle degree.
𓃭 𓆃 Then subtract 90 from that degree. For this example: 120-90 = 30.
𓃭 𓆃 Then measure a 30 degree angle from point A.
⋆⋆———✧◦♚◦✧——————⋆⋆——————✧◦♚◦✧——————⋆⋆
There is no Gann "secret"
Gann was a guy of his time. It was the Technical Analysis of his time. And Gann was a Technical Analyst of his Time.
No more no less. No more than Wyckoff, Dow, Elliott and many more
But today nobody sell the secret(s) of Elliott, Wyckoff, Dow, and the others.
Gann never fully explained the "Law of Vibration" because he could not!
Gann created a bunch of Squares (9, 52, 12, 144 etc).
Right now you have not to use the Square of Nine as a proxy for a square root Calculator, very useful between 1900 - 1950, but today we have 3 dollars pocket calculator. I can even calculate a square root with my phone.
Hence it is more useful to focus on the the hundreds of analysists and researches that all point to the same thing, planetary cycles. They are obvious once one takes the time to discover and plot them all.
The angles are useful indeed, but they are no secret. Nor are the cycles.
They are revealing themselves every second of every day for anyone willing to observe and put in the work.