RSI 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...
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...
Hello 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...
Hi! 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!
That its my analysis about this pair. I'll be waiting for buy... Best Regards.
Here 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...
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.
Hey Team! This is just an outlook and idea... Execution point I'll leave up to you, but I do share my bias in the chart. It's just an idea, as I am overall bearish for the moment, but as we well know, anything can happen!!! Thanks for tuning in, MUCH LOVE AND GOD BLESS!!!
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...
Level 2 pullback toward ema's, then up into level 3!
first time using this method. But using it we are no in the despair phase, so that could be the point of maximum financial opportunity. Price is contracting, risk reward ratio is really high.
If Bitcoin is going to repeat the market cycle since 2013 to 2017, what would we have? 2013 - 2017 ATH 2014 - 2018 Downtrend 2015 - 2019 Bottom 2016 - 2020 Halving 2017 - 2021 New ATH
Hi, 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...
Market forecast is Midterm Neutral - Shortterm Bearish Bullish Sectors are: Healthcare and Energy Bearish Sectors are: Consumer Staples Financials and Tech
Market Cycle Comes To An End After Price Pushes Up 3 Levels And Has Now Begun Its Contraction Phase As Smart Money Prepares To Release Inventory.
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...
This 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...
I 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...