Marketcycle
Are We At the TOP?!What are we in for?
Could this be the top of the market right now?
End of a market Cycle?
Maybe, seeing as the early warning signs are here. With similar structure to the previous cycle, at the top of a rising wedge/channel and the sell volume increasing... The signs do not look promising for continuation for sustained uptrend. The Market is always right, breaking the high and using as support on the weekly/monthly will prove this wrong no doubt.
THE Cryptocurrency HyperwaveRSI right now corresponds exactly with that of Feb 2016, just before the 16 halving.
Cryptocurrencies will signify the next DOTCOM boom x70.
Everything is possible, nothing is impossible.
In a few years, people will come back to see this chart and gasp.
Although I wish to see the future, I simply cannot.
This chart is a mirror of what the next few years will look like.
A complete paradigm shift. People sold their houses and cars in 2017 to buy Bitcoin.
People will be selling their bodies to get into the next cryptocurrency hyperwave.
Human greed will be on display like never before.
Do not forget, it will all come crashing and burning at some point.
Just it has always done. Just as it always will. This is how cycles work.
Spce is going for a crash landing?Our last TA on SPCE was pretty acurate we got a bounce just above our target with just .20cents off. I'm always a follower of trading range lines or highs lows in predicting pull backs. As of now at closing we are at $26.50 with the low of $25.71, which is marketed on this graph since aftermarket price movement isn't shown due to low volume, yet we all know SPCE has bubblish volume. As of now we can hold off on SPCE until we get bullish movement, but what caused this drop?
1. SPCE was in a microbubble with Bullshit expectations.
2. The EPS was off by a Shit load and anyone could have seen this coming, besides the people getting behind the hype.
3. Corona ingeneral has had affect on the market after it spread to Europe and recently theres a case in California.
What's next for SPCE? well its the market bubble graph and as of now we could say we are in Anxiety since the bounce was Complacency. We could honestly see a sub $10 SPCE with we knowing SPCE won't beable to make any money even raising the price will just hurt the company itself. They need development like SpaceX with inovation on its Rockets. SpaceX has reuseable rockets.
Next target is our trading range of $19.06-$24.25. You can see past TA which hasn't change
Bitcoin is making Wave 5 and will peek by end of 2021Hello Traders!
I've seen many interpretations of current Bitcoin cycle in the framework of Elliott Wave theory, and they are all different. So let me present my view as well.
First cycle:
Wave 1 of the Grand Supercycle (Violet line) was the first rally which lasted 3 years (2011-2014), on the chart you can see it comprising 5 waves. Wave 2 was a year-long retracement when bitcoin lost 85% of its price.
Second cycle:
Wave 3 of the Grand Supercycle also lasted 3 years (2015-2018) and famously peaked at $20K in December 2017. Then it retraced 85% during a single year.
Third cycle:
Wave 5 of the Grand Supercycle will last approximately 3 years (2019-2022). Right now we are in making of wave 3 (blue line) of the Grand Wave 5 (Violet line), which will peek during Sep'21-Jan'22.
In 2022, Bitcoin will probably enter ABC correction of the Grand Supercycle, but it's too early to talk about it. Let's see how the market will unfold.
Credit to BillCharison and MagicPoopCannon for valuable guide on Elliott Wave theory. Check out the related ideas.
If you like this idea, click that Like button!
Enjoy your time
Bitcoin Market CycleHi!
I could never see anybody posting the "real" Market Cycle on #bitcoin .
Always it was either wrong or just made no sense.
But now I think this really looks like this might be the text-book Market Cycle
example as it is being taught in economics.
Follow for more charts like this one! : )
Good Luck Trading!
BULLISH: Bitcoin Top & Bottom Price Action Integral BandsHere I present my indictor for longterm swing trades and/or general market cycle analysis of bitcoin: the top & bottom price action integral bands (short: PAIBs)!
Instead of fitting some curve dependent on time (~ f(t)), I integrate over price action with two custom functionals. Then if I expand those functionals by +- 5% I get two bands, in blue the top price action integral band, and in red the bottom price action integral. The bands are calculated in real time, there is no repaint or other manual modification involved. There is always only one (weekly) candle per cycle top which touches (or breaches) the blue top band. This is a strong indicator for a sell or short. For the bottom band we often have two opportunities to add to spot or long positions, as these phases are more drawn out. The bottom band has some similarities with the CVDD-model, although it uses completely different data (CVDD uses on-chain tx metrics while here price action data from BLX price index are used), however both models predict the same bottoms. It is easier to implement the PAIBs in TradingView, as on-chain metrics are not as easily available in TV.
The current top price indicated by the blue band is roughly $63000 per BTC.
The current bottom band shows around $4500 per BTC.
Note: I also added estimates for future band development up until the end of 2021 (by hand), those are not calculated!
The future looks bullish indeed. Of course this is no financial advice.
Hope you find this helpful! I will talk more about this and other indicators (including updates) in the future here on TV and on twitter.
Use this chart to spot an ALT or BTC cycle!
On top: the Bitcoin dominance. It corresponds to the % capital put into bitcoin.
At the bottom: the Crypto Total capital except Bitcoin (the altcoins)
Both charts are usually correlated.
When one goes up, the other goes down, and vice versa.
From this simple point of view we can expect a global pump in ALTs in the future months.
BTC's current structure looks like a classic market cycle.Taking a look at the current BTC structure on the daily time-frame, this to me looks like a classic market cycle.
-We had the Disbelief rally back up to the 4k ceiling back in Feburary of 2019.
-Followed by Hope as price was holding higher levels and consolidating under the 4k resistance.
-Optimism then set in when 4k broke and price popped up the 5k region.
-After that, Belief set in and price went parabolic through the old 6k floor up to the $7400 region before further consolidating.
-Thrill then sets in as price rockets above 10k, 11k, 12k.
-And then finally, price hits Euphoria just under 14k before we see a blow-off top into a distribution schematic.
-Price distributes for several months before breaking the 9k floor and dropping as low as $7295 or so only to then rocket up over 50% in less than 2 days to back above 10k, before eventually setting in another lower-high and confirming the bearish s/r flip at the previous support floor of the distribution range around 9-10k. This confirms it as new resistance, which in turn, fits in with the Complacency phase.
-After setting in that lower high around 9-10k, price has now entered the Anxiety phase in my opinion, and we likely transitioning into the Denial phase.
I copied a fractal from the 6k->3k drop for the remaining portion after the anxiety phase. (Just for comparison to give us a better idea of how the rest of the market cycle could play out.) The fractal is only for visual purposes. Not intended to be targets or anything of the sort.
Link to the market cycle chart: imgur.com
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
TSLA - Investors AnxietyHi, This is a followup idea on my original Tesla idea (linked). I would like to switch focus from Wyckoff pattern to a Market Cycle which gives a longer term perspective of what kind of behavior we can expect from Tesla stock. As we can see on the chart we have already passed COMPLACENCY phase of the cycle while stock has been distributed for 2 years. Critical support - ICE at $250 has been broken triggering sell off an quick drop to a previous support area at around $180. At that support lots of buyers, who still believe that the company's nearest future is bright, were sitting and waiting for the opportunity to buy at a cheaper price. That marks the next phase of Market Cycle - DENIAL. So far investors deny to see that the company (even if cars are good) is struggling financially and potentially needs to restructure its operations/management to value investors' money more. They deny to see that many investors purchased this stock at the price above ICE level (above $250) and still holding - waiting to sell their positions at minimal loss.
Now, when the price came back to $250-ish area where greed and fear meet we are witnessing ANXIETY phase of Market Cycle. Those who underwater eager to sell. Those who bought at $180 want to minimize the risk and don't want to buy at this level waiting for a break but ready to take profit. Considering time the TSLA price spent distributing above $250 I think we are not out of the woods yet. Following market cycle price will be rejected and drop below $180 in a fast and furious sell off. PANIC phase is next which will happen when investors realize that price is not going to break $250 resistance. September is coming to an end this week and as we can see monthly candle is bearish pin, so I assume panic phase will begin soon.
It is too early to invest into Tesla yet. Market Cycle suggests we are at the middle of the drop and we will have at least 2 years of struggle before we can start building a bullish case.
Good luck!
The Next Recession is probably within 2 years.The “Recession Watch” indicator tracks 7 key economic metrics which have historically preceded US recessions. It provides a real-time indication of incoming recession risk.
While not flawless, this indicator gives a good picture of when risk is increasing, and therefore when you might want to start taking some money out of risky assets.
All of the last seven recessions were preceded by a risk score of 3 or higher. Six of them were preceded by a risk score of 4 or higher.
Based on the indicator hit rate at successfully flagging recessions over the last 50 years, risk scores have the following approximate probabilities of recession:
- 0-1: Low
- 2: 25% within next 18 months
- 3: 30% within next 12 months
- 4-7: 50% within next 12 months
Note that a score of 3 is not necessarily a cause for panic. After all, there are substantial rewards to be had in the lead up to recessions (averaging 19% following yield curve inversion). For the brave, staying invested until the score jumps to 4+, or until the S&P500 drops below the 200day MA, will likely yield the best returns.
Read more about the metric on Medium here: medium.com
TradingView Indicator here:
Notes on use:
- use MONTHLY time period only (the economic metrics are reported monthly)
- If you want to view the risk Score (1-7) you need to set your chart axis to "Logarithmic"
Enjoy and good luck!
HIGHLY Speculative Bearish Butterfly on the WeeklyThis is the first time you will ever see me giving speculation on the market, but this is a very speculative Bearish Butterfly in development on the Weekly Time Frame. First we'd need confirmation of the potential Descending triangle. But how I came up with these targets and patterns is using the same math and patterns that have developed in the 2017 bull run and the current one. But a reoccurring phase or (Shortcut to the Market Cycle) in variables would be in this order, A) Parabolic, B) Blow Off Double Top, C) Descending Triangle, D) Capitulation and then repeat! I worked really hard on this and it's just an extremely speculative idea for now. But how badass would it be if that played out. A Bearish Butterfly on the weekly time scale lol
Silver - Bullish Cycle is nearI think it is time to publish my LONG TERM view on Silver. I believe within next couple of years we will witness a complete sentiment change on Silver as we getting out of depression phase of a market cycle. This change will manifest itself in a great rally to at least peak price of 2016 year which is $21. Later it will gain much more after possible retrace.
As can see on a chart, after breaking downward a huge triangle pattern, which was forming almost a year, silver bounced up significantly and started to form a potential Double Bottom pattern. This makes me think that we will not see prices significantly lower than 2018 and 2015 lows. That is our floor. On the up side, the rally will gain momentum after breaking triangle's apex level at around $17. Meanwhile, since it's a long term view, I would advise slowly accumulate long position on deeps.
Manage your money properly and Good Luck with your trades!






















