Here is intraday swing forecast for GOLD, heading towards 2300As we expected in 2023, we know any limited supply commodities will lead to an All Time High caused by FEDs monetary policy
When we combine with Gann Method on how he predict everything, we know it will really happens for sure.
Now we can see that GOLD and BTC will reach All Time High as soon as possible
Watch the time and date we have mentioned in the analysis, time will control as swing reversal while price will control market behavior. While yellow line in Gann Fan act as fair value slope, so price will be back on that yellow line before it change its direction
Gann Fan
Bitcoin Liquid Index Gann Square & EW CountHere I made an elliot wave count, this is a complete wave assuming the 5th wave is short like in 2013/2014.
I will look into making an alternate count that shows one more 5th wave to go before a major correction like 2014/2018... Or unlike we've seen in bitcoin history? 60k-1k???
Well no need to get too excited, time will tell which way we're going and it's too soon to say for sure.
Gold could make 1948 as its peak. Buy in the dip!Hi, everyone!
Long time no see..
as i expected there's no severe recession ahead until 2026,
just a few banks and tech startup companies collapsed but not causing a crazy global economic fraud like in 2008...
this time is much more like 1999-2003 dotcom bubble, yes economic activity might be a little bit struggling, but not as insane as 1929 or 2008
I think gold could make its third top (2072) or double top (1948) before its going down to 1000s.
According to my Gann Angle and Gann Level - Fibonacci Combo, at least gold will reach 1948 in just a few days. Best advice i could give to you was BUY IN THE DIP!
Gold still pretty strong because it is still running at average of 2x1 angle or 200pips/daily bar.
Trend changes will only occur when it reaches horizontal SnR (fibo was the most accurate, so far..) and 1x1 angle or 100pips/daily bar (the yellow diagonal line)
I did a color coding on the gann angle to make a fast recognition, strong angle as light green to dark green -- mid level as yellow -- weak level as light red to dark red
Also on the fib/gann level combo, i color coded 61.8 and 38.2 with yellow as an important level that mostly cause a reversal
So, lets break it down..
17/21 March 2023 (Most Important) - I expect the first 1948 top will happen at this day before the news release
22 March 2023 (Most Important) - A 5 days down after the fed's hiking their dollar interest rates, i expect a bearish bias bottoming at 1893 or 1909 or 1917. But sometimes people getting greedy and this could inverted.
27 March 2023 (Important) - I expect Gold has reach 1948.2 level -- but since its weekly stochastic didn't crossover yet, i expect a continuation with a slight reaccumulation at around that area. But because fed rate hikes, i don't know what's gonna happen next
28 March 2023 - Some 2 days of bullish continuation
That's my current expectation for future weeks ahead, i don't give any responsibility in terms of capital loss or etc cuz i could be wrong
Trade safety, and Cheers!
H. Haidar
Bullish Bitcoin Bounce? Key Support Levels to Watch!📈 With the current price of Bitcoin at $68,700, the marked levels can be analyzed with respect to this price:
💸 $64,081.71: This level is now acting as a support level since the price is above it. It could be a recent swing low or an area that previously had significant trading activity. If the price were to retract, this level might be where buyers could step in, maintaining the bullish momentum.
🚀 $65,731.31: Very close to the current price, this level might be an immediate support or pivot point. It could have been a resistance level that, after being breached, might now serve as support.
🔍 $60,569.41: Now below the current price, this level may have acted as a support during a recent pullback or consolidation phase. If the price retraces, this could be another area of interest for buyers.
🧲 $56,746.32: Further below, this level is positioned near the 61.8% Fibonacci retracement level of a previous move, often seen as the most crucial level by traders. Since the price is significantly above this level, it suggests that Bitcoin is currently maintaining a bullish stance.
🛡️ $53,032.31: Also below the current price and near a 61.8% Fibonacci retracement level, this area could offer substantial support if there were to be a deeper pullback.
🧐 $49,054.32: Near the 50% retracement level, it's a critical psychological and technical area. If the market were to turn bearish, this would be an important level to watch for potential stabilization.
⛓️ $44,614.32: This level is well below the current market price, positioned just above the 23.6% retracement level. It would only come into play in a significant market downturn and could represent a long-term support area.
💪 Considering the current price of $68,700, the market sentiment appears bullish, and the closest levels to watch would be $64,081.71 for immediate support and $65,731.31 for short-term retracements. The higher levels, such as $56,746.32 and $53,032.31, become relevant for more considerable pullbacks and could indicate areas to watch for potential buy opportunities. The levels well below the current price, like $49,054.32 and $44,614.32, would be relevant if the market sentiment changes drastically, signaling areas where the price could potentially stabilize
BTC to 69k by May. 100k by the same time next year.Ideal entry point is below 40k (ETA: 2-3 weeks).
Target is then the 69% Fib level (69k) (ETA: 3-5 months).
1000 pip movement and TP.
Wait for sell-off to end.
Re-enter below 60k (ETA: Sept-Nov 2024).
Target is then the 127% Fib level (98-100k) within H2 2025.
To the moon!
WIN / WINUSDTMaybe this might be possible
Good Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
A Trend of Bitcoin of what could happen compared to last weekBitcoin's remarkable journey over the past week, witnessing an astonishing surge of $12,000 in just 48 hours, takes on an even more intriguing dimension when viewed through the lens of the Gann Fan, which was initiated in January 2023. This historical context adds depth to the unfolding narrative of Bitcoin's ascent.
Since the Gann Fan's inception, its angles have become a captivating guide, tracing the trajectory of Bitcoin's price movements with remarkable precision. The recent surge aligns harmoniously with the established angles, further reinforcing the strength of the trend initiated back in January 2023.
As we navigate through the Gann Fan's geometric patterns, it becomes increasingly evident that Bitcoin's upward momentum is not a mere short-term spike but a well-supported and sustained trend. The fan's angles, designed to capture the essence of price movements, hint at a continued journey upward, creating an air of anticipation for the week ahead.
Investors who have followed the Gann Fan's signals since its inception are witnessing the unfolding of a strategic and well-defined path. The charts, intricately woven with the threads of time and trend, tell a story of resilience and growth that extends beyond recent market dynamics.
As we brace for the upcoming week, the Gann Fan stands as a testament to Bitcoin's journey, showcasing its ability to not only weather market fluctuations but to thrive amidst them. The fusion of historical context and current momentum creates a compelling narrative, suggesting that the week ahead may unveil another chapter in Bitcoin's remarkable evolution, guided by the principles embedded in the Gann Fan since January 2023
Gann's Planetary Angles for DogecoinIf you're a Gann student you would know that time is the most important factor w/r/t to market cycles.
Welcome to an unique analysis of Dogecoin's price patterns utilizing the Gann Planetary Angles. This weekly chart analysis stretches back to 2014, and uncovers a significant pattern which could signal an impending bullish trend for the much-loved meme cryptocurrency.
This analysis employs Gann's planetary angles, specifically Uranus, as a predictive tool. Uranus, in this context, influences the angles plotted at three significant highs of Dogecoin. The angles reflect the price-to-longitude relationship with Uranus; for every 1 degree of Uranus movement, the angle changes according to selected price scales - in this case, 0.1, 0.2, and 0.3.
What stands out from the chart is a recurring pattern. When the price action surpasses the 0.1 angle (represented by the yellow line), it enters a "pre-breakout" phase, often signaling the later phases of an accumulation schematic before an ensuing mark-up. This pattern has been witnessed at the previous two highs and could serve as a powerful indication of future price movements.
Based on this Gann planetary angle analysis, the prediction is that Dogecoin may be on the verge of a significant uptrend, contingent upon the price action breaking above the current yellow 0.1 angle. Should this historic pattern repeat itself, we could witness a new high by August 2024. The profit target is set at a minimum of $2.27
BINANCE:DOGEUSDT COINBASE:DOGEUSD KUCOIN:DOGEUSDT
Using Gann Fans To Time The Parabolic Move To The TopUsing Gann fans, admittedly in a way that they are not supposed to be used, it seems to give a reliable indication of when Bitcoin will begin the parabolic move to the top.
If you draw a Gann fan from the top to bottom of each cycle, you can see that whenever Bitcoin leaves the 8/1 line of the fan, it appears to start a parabolic move to new ATHs with very little downside. These 8/1 lines were a downward sloping 18 degree angle in both 2016 and 2020, and in 2023 it is a 13 degree angle.
The yellow line marks the halving. In 2016 Bitcoin found itself right at the 8/1 line on the halving. After a bit of a pullback, it began a parabolic move to the top.
2020 is a little less clear due to the black swan of covid, but it went above the 8/1, then came back down for a retest, then went on a parabolic move to ATH.
At this point in 2023, we are right in the middle of the 8/1 line (at 47k) and the 4/1 (at 32k). I think a push to 47k is probably more likely, but either way, I expect it to be near the 8/1 line at the halving, which would be around 44k.
Once it moves away from this line, I think a parabolic move with little to no downside will have began on the way to a new ATH.
This Gann fan, which you can get by drawing from the top of 2014 to the top of 2018, created several significant trendlines, which we have just come above, but remains to be seen if they will hold.
Similarly, you can get this Gann fan by drawing one between the 2018 and 2020 top, which also resulted in several significant trend lines.
The top of that channel is at about 51k, and the bottom is 37k. On a potential pullback, this would be a first area that I would look at of significant possible support.
"Patterns hidden by patterns."No financial Advice.
“There are only patterns, patterns on top of patterns, patterns that affect other patterns. Patterns hidden by patterns. Patterns within patterns.
If you watch close, history does nothing but repeat itself.
What we call chaos is just patterns we haven't recognized. What we call random is just patterns we can't decipher. What we can't understand we call nonsense. What we can't read we call gibberish.
There is no free will.
There are no variables.”
― Chuck Palahniuk, Survivor
Waiting for long target...I've been trying to use some tools for TA. This time I'm using the Gann Fan & Gann Square. I love trading lines because they are simple and you can project your target with patience. I'm looking to buy from 32.5k downwards, hopefully to 23.5k...21k? Why not!!!
So, even though my gut is telling me to wait until around 25k...I've decided to DCA starting at 32.5k. If I'm wrong and it bounces higher, well, I think I'll buy at the price I deserve. Still, I'll be long until November 2025/26 to sell and start shorting (If I've learned!) ;)
What do you think?
Navigating Markets with Gann Fans: A Step-by-Step GuideWelcome to our comprehensive tutorial on placing and utilizing Gann Fans. In this step-by-step guide, we'll dive into the practical aspects of Gann Fans, a powerful tool for assessing non-horizontal support in resistance for technical analysis. We will thoroughly explain how Gann Fans are placed and what pitfalls to avoid when placing them. Whether you're new to Gann Fans or looking to enhance your trading strategy, this video provides actionable insights and a real-world example to help you harness the potential of Gann Fans with confidence. Join us as we demystify Gann Fans and empower you to navigate market swings with precision and skill.