Gann Box
Gann Box - How to set upQuick rundown of setting up a gann box.
Steps below also;
1. Pick a TF (Minimum 1HR ) Example here on 4HR
2. Lock price to bar ratio
3. Find key pivot high or low
4. Turn on magnet, and select the 'Gann Square' tool
5. draw the square from your pivot point, until you go beyond the current price AND hit one of these key fixed time intervals (see number at the bottom right corner of the Gann Square to see your interval)
- 45, 90, 180, 360, 720 etc
- (in short, doubling from 45, then doubling the interval every time)
6. Next step is getting the ratio correct on your Gann Square. In the Gann Square settings, there is the option to change the ratio ('Price/Bar ratio').
a. Here are the ratios you must use (in order of importance);
- 1, 2, 5, 10, 20, 40, and, as a last resort, 2.5.
b. Ideally, you want the ratio to be as low as possible. However, with Bitcoin, price is so high and volatile that we need to look at bigger ratios. In this example I've used an interval of 1,440, and ratio of 40 to get my template set up.
c. There will then be coins that a ratio of 1 will be cause your Gann square template to be way too big, these will be on low value coins. I have checked, and you can divide your key ratio by 10 to achieve a relatively normal sized Gann square (examples will be shared).
So you can take a ratio of 2, and divide by 10 to give you 0.2. If still too big, divide by 10 again to give you 0.02. Just make sure you stick to the key ratio numbers.
7. Finally, select the Gann box tool, and draw from the same pivot point, and drag it to line up with your Gann square corner to corner.
Once your Gann box is set, you can remove the Gann square.
DOGE: At critical -50% from ATHDOGE has been nothing short of phenomenal these last few weeks. It has gained over 350% during the previous seven trading days. It is only befitting that it has lost 50% so quickly after such a tremendous extension higher. The chart shows this critical % decrease through the use of Gann box squared at the rate of 0.0035 per 2 hours of trading, the current rate of change that I was able to decipher. It seems to be in an excellent position to continue its trajectory higher; however, if the crypto spectrum goes through a correction phase, DOGE might correct further towards the 75% decline point, but that is yet to be seen during the upcoming few weeks. The chart shows two potential long entries with detailed risk profiles of not less than 4R return. If there's anything that I am missing, do drop a line in the comments section. Best of luck, and stay safe!
Bitcoin ShortLooking at a GANN SQUARE when you are able to place the 0.618 point after the swing low is in place
you know when another big move starts, draw a gann square place the 0 point at the last upmove then the 0.382 at the top then the 0.618 at the bottom, then you automatically see the correction at 0.77 and a new trend at 1
Only an idea.Only an idea! Squared the range...
Melekler, "Seni bütün eksikliklerden uzak tutarız. Senin bize öğrettiklerinden başka bizim hiçbir bilgimiz yoktur. Şüphesiz her şeyi hakkıyla bilen, her şeyi hikmetle yapan sensin" dediler.
They replied, “Glory be to You! We have no knowledge except what You have taught us. You are truly the All-Knowing, All-Wise.
al-Baqara:32
BTC 1W Weekly section: Bitcoin weekend №11We heard you and continue to run the section: weekly digest "Bitcoin weekend" №11
To begin with, we warned a week ago that a fall could begin. Monday-Tuesday was very red. Bitcoin fell by -20% in 2-3 days, and altcoins fell to -50%
BTC price has reach the target today since the previous digest publication, check the link here)
Also in the middle of the week, we gave two BTC ideas: The first is for a rebound , the second is now working out a wedge.
Therefore, subscribe to us and write comments and then you will always be aware of events and charts)
The weekly candle completely discourages the desire to enter longs. Though, theoretically, next week we can expect another BTCUSD growth, possibly up to $52,000, and maybe up to $55,000-56,000.
In the middle of the week, we update the BTCUSDT idea on a smaller timeframe.
Now for your attention the global picture of the BTCUSD pair
+ There are channels on the chart that work out very well for a long time.
+ Gann's box, which could theoretically tell us important dates in the future.
+ Fibo levels which can indicate important support levels and future growth targets.
+ And also the fractal of the possible future BTCUSDT price movement is copied.
If this forecast works out, then we can still see BTC per $12,000, and then a parabolic growth to almost $400,000 per one BTC. While this is a fantasy, which in 2023 can become reality :)
BTC dominance picture hasn't changed much over the week. Further, there is a channel at the bottom of the 3-year channel.
Therefore, the probability of a rebound of dominance to 68% is quite high, which in turn can provoke an increase in the BTCUSDT price pair.
We expect that altcoins will grow along with BTC, since today altcoins fell weaker on the downward movements of Bitcoin.
We have summed up the statistics of our ideas fulfilment here, please read and rate)
After that, write in the comments the trading pair you want us to analyze during the next week.
We'll start in the comments, and you keep going!
TOP 5 trading pairs that will collect the most likes or comments will receive a worthy analysis from us.
And of course, do not forget to subscribe to us and write thoughts in the comments regarding our analysis!
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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The analysis used William Delbert Gann
And astronomical analysis
And my own method that I have adopted in analyzing the price movement is very special
The euro-yen movement expected for this week will be pivotal for the decline, and any rise is a force for a drop to the resistance level shown in the picture, and by breaking this resistance indicated in gray and closing a four-hour candle with Price Action above it, any drop is forgotten, but the market maker in this region entered into selling
By God, I know that euro is jpy to drop for this week, at least to the level of support shown on the quarter-hour frame
Attention, just the thought of the decision in your hand before and after anything, and we ask God for success from his bounty
Corn: A Potential Fade Approaching Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.