Bitcoin / Tether
Long

Bitcoin Gann Analysis

57
https://www.tradingview.com/x/2vIJNgnX/

I started my Gann analysis here at 09/11 2023. Because after that low we had a quite significant initial move, a strong impulse.

If I make my Gann analysis now I generally look which scaling fits the best with the 45° line. That is the "mean" if you want and represents the healthy trend. Here I took a 150 scling.

Means a $150 move on every day is a normal trend. Look how the price reacted when it was above and came back to the 45° angle? It was cheap enough to buy again (you can see it like the PoC from Volume Profile)

Also the first smaller Box I draw based on the first trend and bigger retracement.

You see that the Price broke out of this box. So I took this box and expanded it. I made this first box to the first box of the bigger one. So I still use the initial move from september but in an extended version.

So currently we are actually cheap and it should catch up with the 45° angle anagin. BTCUSDT

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