Historical data + wishfull thinking :) And its October now,- so Sugar Rally is on!
The mean time between official (NBER) US recessions over the last 150 years has increasing a lot (see gray lines). Yet the S&P 500 % drops remain relatively consistent averaging 25%. The market is considerably stabler than it was a century ago.
After seeing us bottom out at the -80% from the last ATH around $3,200 it has been a surprisingly straight up launch. I had expected more of an up and down roller coaster ride, but "this time it's different"... sorta. We didn't range sideways like we did before, but I think we will still repeat the typical parabolic moves with -30% pull backs on the way up. Where...
Nucleus Vision $0.001178 Buying Opportunity and great entry on reversal towards gains. Buy, Like, Comment, & Talk About Ncash.
BTC is definitely at a high tension point, and while many TA indicators and trends can be observed, none can be confirmed until the patter resolves itself. In moments like these I prefer to take the historical approach and compare the current chart to patters of the past for guidance. I think the comparison with the previous ATH of 2017 and resulting bear market...
I guess Ethereum have atleast one shot against Bitcoin in next cycle. best scenario if ETH/BTC reach my target ETH/USD 4.000 USD other scenario is ETH/BTC reaches lower high and ETH/USD top at 1.000USD wrost scenario is ETH goes all time low on ETH/BTC chart slowly.. and sideways around 300-400USD Good Luck.
I picked this support level from 2017 a couple of weeks ago to see if would hold any relevance. For what it's worth here's the chart. Guess where we're at right now?
I'll open sell after fake broke of key level 26954.0 because: - 26954.0 is a historical 10-Month High. - Many traders will close their buy positions near this level and it can cause falling of the price. - Potential profit will be in 5...20 times bigger than risk.
Monthly and weekly chart trendlines are down. Fresh and historical demand zone at 3.48-2.93 area rejected price 7 months ago. We have a nice weekly demand zone at 4.22-3.85 area. We have a uptrend on daily and we have a daily demand zone over weekly demand zone. Entry price: 4.32 Stop Loss: 4.12 Profit: 4.92 R/R Ratio: 3
Based on historical data, and assuming the bitcoin cycle repeats. Buckle up, the next couple years will be exciting. Bitcoin should finish its next bull run at the 2.168 fib retrace level
Hello Everyone, I have been exploring EURUSD charts back in the history to find an area with similar patterns. Please have a look back at the period 2017-05-17 to 2017-06-23 with daily bars (STAGE ONE) It may be possible that EUR will swamp in this swing between 1.1125 and 1.1280 for a couple of days and may require a break and a closure around 1.1330 area as...
According to the theory of Charles Henry Dow, of the three major market cycles, we had a bear market, bull market will come any time soon, historical levels of of support/resistence tend to be respected
CHART clearly shows the relationship between RSI and BTC price. SO , I think we may short it now and close short & open long when RSI retest bottom again.
Using only historical data, Fibonacci, and simple Geometry, I'm making this very long term Bet to BTC with 2 kind of possibles dates and end prices. Maybe it's too early to make soo long bet, but if you are a Hodler, maybe its good to start to think what will be the price in 5 or 6 year.
Ladies and Gentlman! Looking at the 4HR Chart we can see a bullish divergence. Since the price bounced off the 200WMA i expected a pullback up to the 20WMA. This expectation comes from the pull back after the kapitulation in October 2014. Provided the past shows some similarities with the present. - So far, I would say that clearly there are some. For example...
Hello, friends and fellow traders! Long time no use this platform, though I never stopped trading. I was there when the crypto market saw the top, didn't sell until March 2018, but enough of my personal history--let's see Bitcoin's price history, as what happened in the past provides us with the only way to get a grasp of the present. Here are the previous market...
AUDSGD Timeframe: H4 Direction: Long Confluences for Trade: - Price action at a Trendline Support - Stochastic Oversold momentum - Widening of EMA - Price action is close to 2016 lows, could be a strong support at such levels Suggested Trade: Entry @ Area of Interest 0.9675 - 0.9735 SL: 0.9619 TP: 0.9886 RR: Approx. 2.30 (Depending on Entry...
An extreme long term view of bitcoin and its uptrends. including RSI and MACD. The blue line initially represents the expectation as the previous wave did. But after a short while it just goes to ridiculous heights. Cant leave them out for Bitcoin. Just an idea, DYOR