cI8DH

When is BTC's next bottom? A magical Gann might have the answer!

cI8DH Updated   
BITFINEX:BTCUSD   Bitcoin
Hello fellow gamblers!

I just hit 300 followers. Thanks you for supporting me in my journey of learning TA.

I am 90% away from my learning "target". So please don't take my ideas as trading advice.

I am dividing my promised linear chart into at least two charts and a final compiled chart. My last chart seem to have been confusing for some, so this is the way I found for simplification.

TL;DR: Here we have BTC chart in 12h. Most important takeaway from this chart is the yellow area that I think have a good chance to be the bottoming (or the topping) period if we haven't already bottomed. For potential bottom targets, please check my previous TA linked below "Bull trap confirmed, what's next?".


All the Gann squares that you see have the same corners, only projected from different angles. Each of them have controlled some key candles. Changing the coordinates of each Gann square can produce better matches but then we would have 4 unique boxes rather than a single combi-box. Different exchanges also give different results. Their charts are present but hidden.

The base Gann squares is the blue one which I am using its arcs to predict the bottoming period. Feb and April bottoms both occurred between the the arc pairs and I expect the next bottom (or top) to occur in the next arc pair highlighted in yellow.

June 6 as the bottoming day is also predicted by a simpler method by @surangadesilva:


My friend @Nom_de_Guerre, the Gann master has nearby date ranges as being important for BTC.


I am so excited about discovering these Gann coordinates. If you like this magical combi-Gann, don't forget to like, it will encourage me to make the next chart faster. I have some cool stuff left to share with you that I am still working on.

Your feedback is very welcome.

/:D

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You can zoom in the chart by dragging the scales or double clicking on it. Also, by pressing share button and "make it mine", you will get a copy of the chart.

My previous calls and TAs linked below
Comment:
Here is an interesting article. Willy Woo's target for BTC is 5500 to 5700. It is based on NVT signal that seem to be a reliable indicator. Please do your own research to check its reliability. In my previous TA, I have Fib ext. 1.414 at 5600, the median of the above two numbers. Keep in mind that these target are not for short term trades.

www.newsbtc.com/2018...w-upside-q3-q4-2018/

Again, I want to thank you guys for your support. I always have one of the highest like/view ratios.

I am working on my next chart. I am gonna go mad soon. There are just too many matches on the lines for them to just be a coincidence. The above chart also has too many matches that are derived from only 2 points. How could all this be possible.

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