72. Gann (Gann) matrix chart SquaresGann ~ BTC trend 2024/8/7 time window analysis
When the 8/4 intraday fell below the low of 57770 on 7/13, the previous two trading times, the 7/29 time window was revised to: turning downward!
When the 8/5 high of 58282 was crossed on 8/8, a new upward trend was formed. The second correction in the 7/29 time window was: turning upward!
8/8 is the day for analysis of the market change time on 8/7. The opening of 55144 and the closing of 61705 on the second correction day of 8/8 are used as the standard for judging the turning point;
The closing price on 8/8 was 61705, which was above the opening price on the second correction day on 8/8;
According to the "time = trend" analysis, the 8/7 time window is: continuing to turn upward! (Refer to "Gann's Matrix Diagram - New Time Estimation" P438)
The time trend moves towards 8/19...
The trend correction in the time window before 8/21 is: falling below the current swing low of 8/5-49050.
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