In this daily timeframe analysis of BTCUSDT on Binance, we explore the implications of the Gann Square of 9 method. Notable future dates have been marked where significant price movements could potentially occur. The chart includes vertical dotted lines with dates labeled above them, which seem to represent important dates predicted by the Gann Square of 9 method.
Starting from left to right, the dates labeled are :
August 19, 2023
September 1, 2023
September 25, 2023
October 24, 2023
November 9, 2023
December 12, 2023
January 1, 2024
February 7, 2024
March 2, 2024
April 12, 2024
May 10, 2024
A cautious approach would be to look for confirmation signals such as increased volume or a strong close beyond these levels as we approach the forecasted dates. It's essential to implement solid risk management strategies and consider setting stop losses to protect against unexpected moves.