Get started

Gann Fan

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
Long
by chrisGTR
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
BINANCE:DOGEUSD
by Javonnii
17
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.
BNC:BLX
by Badhalf
"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
Long
by Kidjack_666
4
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?
PEPPERSTONE:BTCUSD
by Kidjack_666
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.
Education
by LeafAlgo
4