Bitcoin vs Gold / Gold's Last Dance / Spot the DifferencesBesides time, that is x10 faster on Bitcoin due to technological advancements, better global access to markets and information i see no other major differences. Our future self 30 years from now when we will be around 60-90 will sound to our kids and grandkids as our grandparents and parents right now, BTC is the safe haven!!!
Matter of fact BTC has a bright future ahead but imo the insane bitcoin rush is now gone, it will slowly and gradually replace gold (as global reserve) but first gold has one last dance.
Cycle
WHEN CRYPTO WILL CRASH? - CRYPTO MARKET CAP CRAZY ANALYSISHi guys. I'm very proud of this analysis.
1) Based on the first macro Fibonacci extension and the fib circles, it looks likes we are approaching the next crash which will occur in May (-40%-45%?). This is exactly what happened in the previous cycles. The crypto market will go down once it reaches 3.2T$
However good news. This is not the end of the cycle.
2) Based on the second macro Fibonacci extension, the fib cycles, and the fib time zone, it looks like we will top out between the end of Aug and Sept. This is exactly what happened in the previous cycles. The crypto market will go crash once it reaches 17T$.
I'm not sure there will be a super cycle.
The market PINEAPPLE Analogy for better tradingMany traders think that buying a stock is like buying a shirt in the store, IT IS NOT!
Buying a stock is like buying a PINEAPPLE, if you understand PINEAPPLES, you understand stocks.
1 - first you have the first sprouts of the pineapple, that came from a seed, this price is extremely cheap.
2 - then the plant grows, and you have a full plant with leaves. Price is increasing with value.
3 - then the plant produces an un-ripe fruit (Green pineapple). Price is increasing with value. The farmer sells to the distributor of pineapples the un-ripe pineapple at a higher price.
4 - then the fruit becomes ripe and is ready for eating. The grocery store sells the pineapple to a restaurant at a higher price.
5- you can get the ripe pineapple and cut it open, and serve it at a higher price to a standby customer. He will gladly pay.
6 - if you cut the pineapple open or just bought it, and you didn't realize it on time (sell it to someone else), the fruit is starting to spoil, so you will lower the price just to get rid of it.
7 - once a lot of time has passed, the fruit is spoiled and no one wants to buy spoiled fruit, so the price decrease and the pineapple/stock go to the garbage.
8 - until the cycle repeats itself...
Key takeaways:
- Expensive can be much more expensive -> don't be afraid to buy a new high.
- Stock is not like a shirt, if the price is down, it means something is wrong with it -->> the stock starting to spoil.
- Cheap can get a lot cheaper.
- When you buy a stock you need to look at it from the perspective of the seller/producer and not through the eyes of the customer...
If you like it, press the like so this idea will be saved to your saved ideas for future reference.
Bull market possible cycleHello, i think this is one of the possible scenarios for this bull market. I think Bitcoin can form double top in RSI at monthly and touch two times this resist trend line. I think now we will have one push to $80-100k level, then dump maybe retest to 20 EMA at weekly and after this one last big push to the upside around $150-200k. My target for the end of this bull cycle is around July - September 2021.
GOLD. Short TP ~1700 before price up for wave B (red circle) Short Gold to or waiting to long @ around 1700 for price trending up for wave B (red) (circle) of Triangle. As Gold Price forming double bottom or maybe triple bottom at strong monthly demand zone.. Gold may resuming its long term bull trend...
Logistic curve - explain everythingIn trading cryptocurrency practice, the questions arise such as:
- how to predict how long the crisis or euphoria phase from the arrival of money will be?
- when to expect the next collapse?
- what to do between explicit margin calls?
- what information to rely on and how to weed out irrelevant?
Observing the market and its reaction to the news in the background, including the preparation of the collapse, you can notice that the news alternates: good - bad - good - bad - ... If the news does not carry the size of the apocalypse, they are usually grouped to enhance the impact. The spread of information in society or the growth of a population with certain information can be schematically represented by a logistic curve.
At first, few people are interested in a certain instrument. Investors are afraid of buying it, and its price fluctuates around the origin. At this time, the elite, single-handedly possessing important information, begin to buy it, the price rises slightly. In the next step, the information is shared with a small group of insiders. Individual purchases develop into active buying. The price of the instrument starts growing rapidly. The crowd is perplexed and cannot understand what is the reason. At the third stage, news comes out and investors, fearing don't catch the last train out of town, buy this instrument. At the same time, the “elite” and “confidants” happily sell to them at the maximum price (with joy, because at this time the “elite” has new information that the "elite" took into account, a new logistic curve begins in another instrument or the same, but in reverse, sales begin). The third stage ends when the whole society knows about what's happening. They discuss it on public transport, everyone who could have already made a decision and bought it. There is no one else to sell.
The most important thing is to determine at what stage the price of the asset is now, which you paid attention to, and about which you received some information. To buy some kind of cryptocurrency and remain a holder for the rest of your life is an unattractive prospect. If you buy a cryptocurrency, then either with the ability to receive superprofits, or with the possibility of project growth in the long term, or both. You should decide if there is a bet on the value growth. I will not show complex mathematical calculations, so as not to scare away the reader. Elliott waves can be recognized and applied.
The main thing is not to get into the crowd at stage 3. In fact, if from every possible angle(financial newspapers, news sites, on TV) there is a discussion of an idea, it is no longer news, this crowds of investors are being misled, and this idea should not be used as a defining one for your actions (unless with a different direction, just the opposite).
Best regards EXCAVO
Crypto Total Market Cap Excluding BTC AnalysisHey guys this is my second post, just wanted to share some ideas about the previous market cycle on the HTFs and how it feels quite similar to the one we are in.
As can be seen the first red horizontal line shows the market being disrespected by the 21 Week EMA (candles can be seen closing above 21 but there isn't enough strength to flip the sentiment).
That is until market breaks above the 21 and retests it (red arrow pointing at retest point) showing there is strength to allow a continuation and market is respecting the 21.
Consolidation can be seen indicating a slight cool off of the market before making another run up.
The first red flag that confirms that market sentiment has shifted is where the 21 is broken where a fake-out then occurs indicating market is being disrespected by the 21
Another important oscillator to watch is the RSI, you can see RSI made a double top pattern from where the consolidation period started to where the market top was reached indicating a reversal was imminent.
So far the market has generally played out quite similarly to the last cycle, its just the macro scale seems different than previously
What Im really eager to see is a consolidation zone retesting the 21 before another leg up (similar to the 1st highlighted white box). This would then be a good time to fill up some bags possibly
These are just my thoughts and observations, who knows how the market will play out, but history always repeats itself, thats for sure.
Thanks for reading peeps
SPX's study since 80s, SP X& 10Y relation Code is "Decoded"Since the 80s every time we get a spike in US10Y Bonds SPX got a correction with a
minimum of 20% and maximum of 57 % the question is where & when. Therefore,
looking back to all the data available on Tradingview since 80s to 2021 we have
measure the spike's percentage of all > 20% and the distance from the Golden Crosses & Death
Crosses and showed the crash percentage as results of that. Surprisingly the weekly
Golden Cross are 50-50 chance not the normal with indicators so the results are shown
not plotted for the weekly. As for the daily all the work is plotted on the chart for
your reference. Feel free to print, share, redistribute and publish this study for the
benefit of any one out there. How to read the table below, just follow the steps:
1. Fist percentage is the gain of US10Y from the last reasonable low.
2. Second percentage is the % of the actual crashes.
3. The distance between the Gold Cross & the peak of the crash it self.
4. G.C = Golden Cross. D.C Death Cross
244 % up So far- ???? so far
144% up -20%- 305D G.C
59 % up -20%-70D G.C
70% up -57%- 20D D.C
64 % up -50%- 363D G.C
(-24% Down) -22% -357D D.C xxx.
18% up -20%-78D G.C
28% up -36%- 130D G.C
43% up- -27%- 53D G.C
3 G. Crosses Vs 4 D. Crosses "Irrelevant weekly"
6 G. Crosses Vs 2 D. Crosses " 75% G. Cross "
-------------------------------------------------
The actual study is here " Just click the picture"
Bearish Cycle in the MarketBearish Cycle in the Market
1) "market maker spread" is the maximum and minimum of the initial channel. This is usually 25-50 pips high.
2) "Stop Hunt" usually consists of three movements that can occur in a short time.
Three impulses will be marked on the "live" candle.
The end of the stop hunt results in the extreme value (LOD) of the cycle and gives the first signal of where the reversal will occur.
3) "Zone Shift" is a movement intended both for accumulation and for keeping the trading volume concluded at the maximum of the price movement.
According to my observations, I can say that after the "Zone Shift" consolidation is formed, volume continues to accumulate. In these places, you can just look for an entry point.
4) A large impulse move during the initial channel may still be worked by resetting the initial channel hi / lo AFTER the move occurs and then looking for stop runs from the reset channel.
5) Correct entry in the second stage with “peak formation” will use the “zone shift” to take profit.
6) Use the bigger picture (1 hr & 4 hr time frame) to identify levels for possible entries. At the lowest level (15min), take trades ONLY from the LOD / HOD.
-------------------------
Additionally:
Duration of consolidation after stopping hunting before HOD / LOD
Difficult to define. We do not know how long a major player will take to gain a position and we do not know how much volume he needs.
A) The previously accumulated volume can be quite large, so no consolidation is required and a V-shaped bottom occurs.
B) Additional time may be required to accumulate volume .
C) Additional time may be required followed by the expected search for a second stop (wide W-pattern)
-------------------------
Share your opinion in the comments and support with likes.
Thanks for your support!
Bearish Cycle in the MarketBearish Cycle in the Market
1) "market maker spread" is the maximum and minimum of the initial channel. This is usually 25-50 pips high.
2) "Stop Hunt" usually consists of three movements that can occur in a short time.
Three impulses will be marked on the "live" candle.
The end of the stop hunt results in the extreme value (LOD) of the cycle and gives the first signal of where the reversal will occur.
3) "Zone Shift" is a movement intended both for accumulation and for keeping the trading volume concluded at the maximum of the price movement.
According to my observations, I can say that after the "Zone Shift" consolidation is formed, volume continues to accumulate. In these places, you can just look for an entry point.
4) A large impulse move during the initial channel may still be worked by resetting the initial channel hi / lo AFTER the move occurs and then looking for stop runs from the reset channel.
5) Correct entry in the second stage with “peak formation” will use the “zone shift” to take profit.
6) Use the bigger picture (1 hr & 4 hr time frame) to identify levels for possible entries. At the lowest level (15min), take trades ONLY from the LOD / HOD.
-------------------------
Additionally:
Duration of consolidation after stopping hunting before HOD / LOD
Difficult to define. We do not know how long a major player will take to gain a position and we do not know how much volume he needs.
A) The previously accumulated volume can be quite large, so no consolidation is required and a V-shaped bottom occurs.
B) Additional time may be required to accumulate volume.
C) Additional time may be required followed by the expected search for a second stop (wide W-pattern)
-------------------------
Share your opinion in the comments and support with likes.
Thanks for your support!
BTC CYCLESAs you can see, there is a pattern of tops and bottoms on BTC if we look on the logarithmic scale with fibonacci settings also on log. If this patterns continues we gonna have the next top on 200.000 area and the next bottom to 60.000 area. We have no reason to believe this pattern is broken so let’s see if and when we go there.
FEDFUNDS - Will See Light Again!I am not a fundamental expert (nor an economist) but I found FEDFUNDS chart really interesting!
I never thought that basic technical analysis tools can also be applied to such economic instruments!
From a technical perspective, FEDFUNDS has been bearish for a while making lower lows and lower highs.
For the momentum to be shifted from bearish to bullish, as mentioned in the title "see light again", FEDFUNDS has to break above the last swing high. (highlighted in gray as trigger)
It would be interesting to hear your thoughts on this one.
~Rich