I LOVE PICKING BOTTOMS...AGGRESIVELY...WITH HARD WOODEN STICK!!! xD P.S. I saw the 111DMA has almost crossed the "350DMAx2" in the beginning of April 2021 and COULD NOT STOP LAUGHING ABOUT THE MORONIC PI CYCLE "INDICATOR" WITH IDIOTS LOOKING AT IT BECAUSE WE WERE GOING TO 100K FOR BTC "AT LEAST" AND WAS EVEN ASKING IN TWITTER IF SOME STAGRAM FLUENCER RIGGED THOSE...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
KLCI “based” on its cycle analysis. KLCI is still forming its expanding flat pattern in (A)(B)(C)(cyan) in wave 2 ( Red Circled) which probably ONLY completed by end of 2022 as long term cycle 8 (purple) alway reached near by the red vertical line. (Year end).
The Pi-Cycle Bottom will most likely cross tomorrow. If the indicator remains predictive, and consistent with itself, the bottom should occur within a few days of it crossing. This would imply significant downside coinciding with an important CPI/Fed meeting this week. There is precedent for the indicator crossing and BTCUSD falling -40% within the following...
For those still following at home, a final update before we get our enviable cross on our custom coded Cycle Bottom Indicator first live test. As per previous posts, indicator has been fitted using the past two prior cycle bottoms with a 3 day tolerance.
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
Hello and thank you if you are a regular reader 🖖 Welcome if you are new to my daily publication... 👍 Publishing this post on a daily basis helps me avoid distractions and sets my focus to be fully in line with the now in the marketplace. Knowing you read me keeps me accountable and forces me to be objective in my analysis which helps with my own trading emotions...
For people who are interested in following the Pi Cycle Bottom indicator. I am glad some other people programmed this indicator kudos to them.
Based on my cycle theory there is a strong chance BTCUSD pops at or by 8pm tonight. This is on a pretty large chart so there should def be an attempt to the upside. Based on the fact it already tested the cloud and failed. This would be the second opportunity for it to go. by iCantw84it 07/04/2022
Every cycle has its moments of exess greed, and every cycle has its moments of exess panic. However we always follow the logarithmic uptrend, with its backbone being the trend pre mega pump. In the last cycle the bottom did not take too long post breaking of this "backbone", and usualy a single sharp break followed by minor testing of the lower ranges was the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. The picture is self-explanatory. We are overall bearish from a long-term perspective trading inside the big dashed channel in black. Inside the black channel, we had the first impulse in red, then a correction in blue, and we are currently inside the second impulse...
Bias: Open Market Cycle Phase: n/a Thursdays push cancelled out as price retraced over 65%. MP in confluence with last week's POC could provide a nice short opportunity.
Daily Chart Parrallel Downtrend potential bottom intersection just above the 2.618 Fib and 3rd consecutive indentical possible 510 day cycle period.
If the older chart patterns serve as an indicator to predict future movements, we can conclude that the price is not far from establishing a bottom and reaching the accumulation zone, where it previously spent months lateralizing until reaching the halving and starting a new cycle. Look Blue vertical line - Halving's Green area - Bull Market Red area - Bear...
This count is based on my assumptions so anything can happen not a trading or financial advice kindly do your own ta thanks trade with care good luck.
I marked the blue 1.618 extensions that indicated the top before. When the 0.786 marks the local top, the 1.618 seems to indicate the next cycle's top. This cycle the 0.786 is at practically the same price as the 1.618 extension of the previous cycle !!
I am looking at BTC on a weekly log chart and when you compare the market cycles it is almost half way through the bear cycle