All stocks go thru 4 stages, sometimes each stage can last months or even years, and it's not always easy to recognize like it is on this chart.
Stage 1: Accumulation - buyers coming in stopping the down fall, and the stock starts trading sideways. (Wait)
Stage 2: Markup - Bullish phase, where traders and institutions start buying the up trend. (Buy)
As much as I love BTC for a insurance policy against government debt, it is still subject to human nature. Fear and Greed. And with proxy exposure to the function of all financial markets, liquidity. I want to believe that we have seen the worst that is to come for now but at this point it feels like sticking my head in the sand.
How can we not see a correction...
🚀🌟 2023: THE year to Invest in Bitcoin according to the Benner Cycle 🌟🚀
Hey there, crypto enthusiasts! 😄 If you're wondering whether 2023 is the right time to jump into the Bitcoin market, read on. In this article, we'll be exploring a fascinating concept called the Benner Cycle, which might just give us a clue about what's in store for Bitcoin this year and in...
All credit booms brought about by Central Bank-induced artificially low interest rates and loose lending standards end in busts. In the recessionary phase that follows the boom, credit becomes much harder to attain and many over-leveraged businesses end up going bankrupt. The recessionary phase reveals the malinvestments and unsound business decisions that were...
Hopefully, we are witnessing a whole market cycle . We are currently at peak M formation and drop level 1, at 14 March we have really important news and if they lead us to drop I am pretty sure we will see the full cycle
Just amateur analysis not a financial advice <3
with love wndd
Its pretty common this days to find all sort of indicator combinations to find Bitcoin bottoms, a very simple and powerful approach is given by the 1YEAR VWAP.
- As you must know, VWAP considers Volume for its calculation.
- BTC Bear Markets take away lots of volume in a short period of time.
- 1Y VWAP will adjust every year, the drops...
Lots of hype about the moves as of late in Tesla TSLA stock price, so I wanted to compare the Market Psychology & Cycle Timing phases to the Monthly Chart on TSLA.
Do you think we are in the latter stages moving toward capitulation ?
My take is that if we see a bounce from these levels into the new year (January 23'), it is likely another opportunity to...
On one hand there isn't necessarily a reason to expect a meltdown similar to the pace of NFLX or META or more latterly TSLA; but on the other hand, thanks to how much extra data there is, it's possible for the trained and experienced eye to suppose a long term downtrend will rhyme with its own history (see the linked AMD chart which goes back even farther)
Publishing for tracking purposes. All signs point to me bottom is most likely in for SOL. Let's see if it follows similar trajectory that BTC and ETH paved.
In the end, crypto is 100% market cycles. You see the same things said, the same sentiment all across the major cryptos. People are saying SOL is dead, there are no devs, these are all FUD and ignorance...
As suspected in the linked / related post the higher orange channel didn't hold and what looks like a textbooky head-and-shoulders top has formed; a continued downtrend will likely respect the yellow traffic lines pictured just like the uptrend did
Lat year I was Top Author on Cardano from 20 cents to 3$... I am actually going back to Cardano as you will see in my next post.
Since June I had been posting about MATIC (first posts was on June 22).
Matic from 34cents to a target hit at 1,27$. Almost 4 times the investment, so i guess it was a great trade.
Can we buy again? Well yes it's on support but again:...
If AAPL continues downward after another double whammy support wrap-around it could well trigger a collapse to 10k for Nasdaq 100 especially if TSLA goes with it; many are likely to fall for this thinking that up is the direction which makes sense but charts which spent a few years going up for "no reason" can also spend a few years going down for "no reason"
The strong bounce on a confluence of supports--plus the usual "but we've only seen the beginning of the bear market lol" articles--would strongly suggest that the yellow brick inflation road will continue (see both related ideas) and that recent market activity is another ploy to keep retail anxious / confused / short (valid for as long as the highlighted supports hold)
Similarly to the linked AMD broadening symmetrical this toppy-looking wedge with exceptionally clearly-defined levels ought to show that there could be a long way down still in a multi-year bear market and that buying levels on this particular chart could be where all time lows on the weekly RSI would later be created
This chart shows 1) a potentially opposing perspective to the linked Dow Jones great depression 2.0 idea and 2) that whilst inflation took a lifetime to cause -90% damage for the boomers it now takes only about a generation for the zoomers to suffer the same damage a century later
Presented as neutral once more as the monthly candle still has a week to close; this flat broadening wedge goes back almost 40 years and a "crisis" tends to be right around the corner whenever it finds resistance so expect very clean reversal market structure here should that trend continue and clear signs of supports refusing to break properly if this century's...