BTC/USDTAs The Trend Line Angle it seems Bullish and The Down Trend is About to Break up and Bitcoin can Go higher Levels and Reaxh 48k retracement, But This Time 50k and 52 Will be The Seond Reatrace That BTC has To Break
By this Point of View 48k will be the strong support after 46k
By the way i have Opened a position with 7.8 R/R
You can Set You TP and SL and Use it in your strategy
Thanks for being with us❤️
Gannangles
BTCUSD: In LimboHere's a BTCUSD chart with prior ideas highlighted.
After selling to close all of the BTC holdings @ $63.5k, I have been sitting on the sidelines and looking at what is happening in the market. So far, I do not have the urge to re-enter the market and will look for further downside to time my entry.
An exceptional market that should be watched by everyone.
Best of luck, fellow traders.
EASIEST WAY TO SQUARE RECENT PRICE ACTION FOR GANN TOOLSTake a recent significant high or low price.
Then find a square root calculator and receive the square root.
Then square that number again.
Finally, go to settings - scale - and select "lock to scale" to insert the final number.
For this case, it came to 8.13, and so the chart has been locked in with that scale and set to the 4-hour.
Finally Easier Way To Square Time And Price On ChartSorry my thinking process is very slow today for some reason and I could not explain very fast or coherently. Still, I hope it made sense.
Use the Gann Square and make sure all areas, degrees, edges and circumferences harmoniously line up to where they are supposed to line up when time is squared accuracy then lock the chart in and tools in place.
How To Square Scale Lock Chart For Gann ToolsPlease comment with additional suggestions or feedback if you are experienced with using advanced Gann squared methods.
The squaring of price and time was one of the most important and valuable discoveries that Gann ever made. In his trading course he stated “if you stick strictly to the rule, and always watch when price is squared by time, or when time and price come together, you will be able to forecast the important changes in trend with greater accuracy.”
The squaring of price with time means an equal number of points up or down, balancing an equal number of time periods.
By illustrating angles inside a range, the trader can visualize how the range has been squared.
Simple Method To Square Time And Price On Chart (Gann)This would not be possible if there was no relationship between the time and price axes on the chart. Most traders fail to learn how important TIME is in relation to PRICE.
The most important requirement to do this successfully is in making sure there is a proper chart scaling method being implemented and that both the chart and tools are scaled correctly.
A chart that is properly scaled in this way will suddenly exhibit geometrical patterns and shapes that were not visible beforehand.
These boxes can be pulled endlessly to reveal macro/micro fractal movement trend reversals.
Keep in mind that due to the nature of this trading software and the lack of understanding by those who build it - it is not made to scale properly in understanding this key relation between p = t ^2. Therefor, whenever you move the chart and sizing around, you will have to redo everything.
Ethereum Gann Projection (not trading advice)A possible return conjunction for Ethereum around 3600-3900 region. There are various Gann calculations and invalidations that I will be watching closely.
For this conjunction I used a fixed 90 degree angle from Nov. 25th, a lunar fixed 45 degree fan projection with auto charting, as well as a measured time cycle, moon/sun relation and Ganns no. 5th most important 6.25% (x) 7 degree.
I would expect this to happen around December 10th if not invalidated before then.
Not trading advice, just documenting data with interest to see if this conjunction is met with time.
Gann Percentage Movements IntroductionW. D. Gann described many types of numbers that he calculated on a daily basis. He worked mainly with percentages based on the dollar and the number of months and weeks of the year in accordance with Astrology.
Some of his more popular numbers were:
6.25%
12.50%
18.75%
25%
33%
37.5%
50%
62.5%
....and so on.
He also wrote about the rule of 8, 9, 10 and even numbers. For this simple example we are using 6.25% and Bitcoin as the asset.
''One of the greatest discoveries I ever made was how to figure the percentage of high and low prices on the averages and individual stocks. The percentages of extreme high and low levels indicate future resistance levels.''
W.D. Gann 1949.
Gann 90 Degree Angles Part 2This is a short follow up from a previous video I shared using the time = price ^ (2) lunar fixed point in time law of 90 degree angles.
”Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics.”
”Mathematical science, which is the only real science that the entire civilized world has agreed upon, furnishes unmistakable proof of history repeating itself and shows that the cycle theory, or harmonic analysis, is the only thing that we can rely upon to ascertain the future.”
- W.D. GANN
GANN AMAZING SECRET METHODThis is based on the 90 degree fixed mathematical law or universal rule.
Method: Use the trend angle tool and mark a low/high trend line. Next, take note of the angle. Then, subtract 90 from the angle to arrive at the second angle degree number that you will then draw to arrive at 90 degrees in the prediction of future trends.
His master class text is posted below.
GANN FAN THE CORRECT WAY TO USE IT.Angles, trend lines and indicators are worthless if the correct angles are not fixed, and if one does not have an underlying understanding of why these tools were created and how they are to be used.
Gann based his methods off of natural laws, astrology, and mathematics which is the language of the cosmos.
I will post his master course below:
ETCBTC Gann AnalysisUsing the Gann tool we can plot down trends and uptrends
Plotting both, it gives a support point for price, and also a resistance point
I expect a bounce off the support from the downtrend Gann line at some point
This bounce will hit the resistance Gann line (in red)
A large up channel can also be plotted if you place this up move (dotted line)
The indicator is what I expect will occur as price moves (in white)
CLM2022: A 1-year Forecast Further to the earlier idea, we are now seemingly approaching the final extension zone, and with another 15% increase, the odds for mean reversion become much better. The market seems to be in an exciting area and is definitely worth our attention.
Staying tuned for further developments on this one.