WindexChugger

BTCUSD - Long term trend with mid term cycles

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
1581 7 15
BTCUSD             prices have been following a downward trend on a log scale since December. During this time, price has followed a mid-term cyclic trend. The time between these cycles have been increasing, although I would be surprised if the cyclic trend closely followed what I've written.

I expect BTCUSD             prices to follow this trend until it can remain well above the trend for several days. When this trend breaks, I expect a new, long-term upward trend to appear
I really like this one! :)
Been waiting for it to float down for a while.
It still could very likely even take a deep dive into the 3's again.
The return could be huge. With a bear trap and then keep climbing. Getting amped!
Reply
It looks like your 18 day prediction didn't pan out, but I still like your chart! :)
Reply
LOL. Thx for the prompt answer!
Reply
Very nice observtion. Is the pale blue line a support or just there for aesthetic reasons?
Reply
Completely aesthetic. I wish I knew some bottom support, but every time I think there's one we drop below it.
Reply
p.s. May the forth be with you.
Reply
Like it. Time, along with volume is a blindspot in trading.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out