113. Gann Matrix Chart Preacher MJ – BTC Trend Analysis for Time Window 2025/8/17
On 8/10, when it crossed the previous turning point on 7/30 at the high of 118809, the time window on 8/5 was revised to: Turning upward!
When it broke below 116000 during the session on 8/18, a new downward trend formed, and the time window on 8/5 was revised again to: Turning downward!
8/18 is the analysis date for the turning point on 8/17, using the opening of 117488 and closing of 116286 on 8/18 as the judging standards for the turning point;
The closing on 8/18 was 116286, which is below the opening on the second revision day of 8/18;
According to the analysis of "Time = Trend", the time window of 8/17 indicates: Continuous turning downward! (Refer to "Gann Matrix Chart - New Chapter of Time Calculation" P438)
The time trend moves toward 8/25...
The trend correction of the time window before 8/27 is: Crossing the current wave high point of 124533 on 8/14.
(Disclaimer: All information from this creator is for reference only! It does not represent any investment advice!! No legal responsibility is assumed!!!)
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{spot}(BTCUSDT)