Metaverse vs Santiment. Moon landing? (mad scenario p.2)
In this idea/post I would like to compare Metaverse and Santiment daily charts and share some personal thoughts on this subject.
As you might see, daily price charts of Metaverse and Santiment Network tokens have some similarities, especially in a composition and duration of structure cycles.
Structure:
Both charts have initial exchange listing price dump (I), accumulation and growth (II) afterwards, the flash crash (III), initial 40-50% growth (IV) before the pump.
Duration of cycles:
1) From Listing to Growth
SAN has been listed on July,12
ETP has been listed on September, 20
SAN reached the top ($0.57) on August, 24 (43 days after the listing)
ETP has peaked ($6.31) on October, 19 (29 days after the listing)
Ratio = 1.48 (43 days / 29 days)
2) From Growth to Flash Crash
SAN's flash crash - October, 21 (58 days after the reaching of the top) and ETP's flash crash - November, 29 (41 days respectively)
Ratio = 1.41
3) From Flash Crash to Initial Impulse
SAN's initial impulse - November, 8 - (17 days 19 hours after the flash crash) and ETP's initial impulse - December, 13 - (13 days 8 hours respectively)
Ratio = 1.33
It looks like ETP's chart is squeezed in time. Compression ratio is ~ 1.3 - 1.5.
4) From Initial Impulse to Start of Pump
SAN had been pumped starting from November, 17 13:00 (+ 9 days 5 hours)
According to the calculations above, it seems that the next ETP's cycle could start in ~ 6 days 8 hours - 7 days 8 hours ( ~ December, 19-20)
What else can cause this growth the same as a fundamental factor? Good question. As far as I have researched, Metaverse is going to be listed on an exchange that is “bigger than bitfinex” in two weeks - Janice Shi's quote (The head of Global Development in Metaverse as of December, 6).
Anyway, let’s see what the future will bring to us.
Disclaimer: the idea above has a low probability to become the reality, but reviewed as an incredible likeness
As you might see, daily price charts of Metaverse and Santiment Network tokens have some similarities, especially in a composition and duration of structure cycles.
Structure:
Both charts have initial exchange listing price dump (I), accumulation and growth (II) afterwards, the flash crash (III), initial 40-50% growth (IV) before the pump.
Duration of cycles:
1) From Listing to Growth
SAN has been listed on July,12
ETP has been listed on September, 20
SAN reached the top ($0.57) on August, 24 (43 days after the listing)
ETP has peaked ($6.31) on October, 19 (29 days after the listing)
Ratio = 1.48 (43 days / 29 days)
2) From Growth to Flash Crash
SAN's flash crash - October, 21 (58 days after the reaching of the top) and ETP's flash crash - November, 29 (41 days respectively)
Ratio = 1.41
3) From Flash Crash to Initial Impulse
SAN's initial impulse - November, 8 - (17 days 19 hours after the flash crash) and ETP's initial impulse - December, 13 - (13 days 8 hours respectively)
Ratio = 1.33
It looks like ETP's chart is squeezed in time. Compression ratio is ~ 1.3 - 1.5.
4) From Initial Impulse to Start of Pump
SAN had been pumped starting from November, 17 13:00 (+ 9 days 5 hours)
According to the calculations above, it seems that the next ETP's cycle could start in ~ 6 days 8 hours - 7 days 8 hours ( ~ December, 19-20)
What else can cause this growth the same as a fundamental factor? Good question. As far as I have researched, Metaverse is going to be listed on an exchange that is “bigger than bitfinex” in two weeks - Janice Shi's quote (The head of Global Development in Metaverse as of December, 6).
Anyway, let’s see what the future will bring to us.
Disclaimer: the idea above has a low probability to become the reality, but reviewed as an incredible likeness