Seasonality is a phenomenon where price undergoes similar and predictable changes around the same period within every calendar year. These changes can happen in a specific meteorological season, growing season, quarter, month, holiday period or off-peak period. Seasonality typically happens in the commodity market. For example, there is a seasonal trend in the demand for heating oil, pushing prices higher when demand increases and lower when demand decreases. There is a seasonal trend in the supply of soybeans (related to sowing, growing and harvesting), influencing price and producing patterns along the way.
Seasonality can also be found in other markets, such as stocks, indices and Forex and there are usually fundamental reasons behind it. Finding seasonal patterns and using them to predict a trend, to filter trade ideas or to identify a tradable opportunity can give a trader an edge. Please note that individual years can vary and that seasonality itself can be subject to change. Whether it is used alone or in combination with other techniques, seasonality is a useful tool in a technical trader's toolbox.
If BTC repeats history then we may be looking for a fast and aggressive backtest before seeing a high volume (bullish) candle that tops out this trend once and for all.
BTC Market Dominance has further to fall to continue the current Altcoin Market trend. This may lay the final support needed for the BTC Dominance to continue it's bullish trajectory on the weekly time frame. Further, this would coincide with a theoretical capitulation of the Altcoins into BTC before an eventual capitulation of BTC itself in May/June.
As momentum of JPY and GBP both appear to be directed to the upside and strong, it would feel quite certain to take a short position on GJ wjhen JPY clearly takes the lead on chart of currency strength indices.
However CAD & USD collective selling pressure is lurking and may unexpectedly overpower JPY buying power in the strongest triangle of world economies and...
As part of UJ Seasonality CADCHF is potentially going to drop approximately 300 pips. I predict it will be at least 80 pips to 0.752 if not 400 pips to 0.72
Good example of the triangle theory thanks to UJ seasonality. The theory says that a triangle will exit into the same direction as it came in. In this example the price came in from the south into direction north so it will exit north and validate the triangle.
It's breaking out north while I am typing this.
Season 20, episode 2 --
AMD thinks they have The Might Morphin GeForce Rangers cooling fans against the wall, but what they don't know is that you're supposed to buy low and sell high.
I was granted access to the Hall and Co Trading 2.0 indicator. This is a weekly (W) indicator for bull periods that show buy areas , targets , and stop-losses . The BSO signal forms on a weekly candle, and when it closes it indicates a buy opportunity.
However when used with the BTC daily (D) chart it seems to show where the peaks are, and interestingly where...
Let's try it again. Last year I said 1.5 and later 1.7, this year I have learned to be modest and accept 1.42975 which is still a rough 1000 pips. Over the course of 5 months that is 200 pips per month and not really shocking at all. We might even reach there earlier around mid April already.
That is exactly when last year USD rallied its way to the top and...
Here we compare the December 2017/January2018 Top in Bitcoin with the Inverse of the recent Bitcoin Price Action.
I drew out some similarities and pointed out one key difference which is the depth of the first retrace after topping out. This could be a key difference, or simply a difference due to the amount of hype.
If these similarities keep appearing, we can...
With AUD reaching ultimate low around Feb 22, I predict we may manage to collect 4k or 5k pips before that day.
Be aware it may pull back a 100 pips first. Happy trading!
We observe a consolidation period of over a few months.
We construct a hypothetical portfolio of 1 Bitcoin, spread over 10 assets, to judge the relative strength of the altcoinmarket, since January 1st 2019.
Considering we generally want to trade with the overall flows, we refer back to this chart in the following months to judge where we are in the bigger...
BTC seems poised to re-test the downward sloping resistance. If we follow cyclic patterns from 2014 then we will break the upper line in the coming weeks for a bull trap-like pattern into a double top before eventual capitulation.
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