The Bitcoin Experiment!First off I want to say, don't take this as gospel. This is a chart to follow bitcoin and plot it's path using math and it's trend patterns to date.
The time sequences from a factor of 1.4, 1.5 and 1.6 are what the math shows me
1.4 Multiple being the trend from establishment (support) to trend end
1.44 Multiple is the breakthrough to the trend end
1.5 Multiple is the breakthrough to peak (Shaded area)
You follow chart this until it's voided
1.6 Multiple is from peak to peak (Long Green arrow) This math is using the second peak in November 2021
1.3 is the multiple using the first peak in April 2021 (shorter green line), which puts the second parabola and final top of the trend in July of 2031.
History might not repeat exactly but it does seem to follow the patterns fairly closely. Using math sequences we might be able to figure out approximate moves fairly closely.
For this chart to have present or very near timeline validity, the next few bars should push up against the blue line as resistance just as it did on the red line in 2014. So, Let's wait and see into December to see what happens.
The blue and red regression trend shows a similar pattern with three waves down until the final plunge of the trend line break through.
If accurate, this chart can help you navigate through the Bitcoin timeline, as it can help you see what stage it is in, or at least to get a better grasp of the moves.
Please feel free to comment your thoughts below
Thank you for looking
WeAreSatoshi
Stay Blessed!
Cycleanalysis
TWITTER: Musk announced permanent bansElon Musk said yesterday that Twitter users who have created fictitious profiles impersonating other users without labeling them as “parodies” will be permanently banned from the said social networking platform without warning.
In a separate post on Twitter, Musk said that in the past, the platform would issue a warning before suspending a profile, but as Twitter evolves a broad user verification process, there will be no such warning. Also, there will be no “exceptions”. This will be a condition for signing up for Twitter Blue, adding that any name change would cause the user to lose their identity verification token. They will not be allowed back on Twitter until the said social networking platform has “a clear process for doing so”.
Organizing such a process will take at least a few weeks, clarifying the timing of the possible return of Twitter’s most famous user, former President Donald Trump, who has been banned. The new timeline suggests Trump won’t be back before midterm congressional elections on November 08.
Twitter had a huge drop in revenue due to activist groups pressuring advertisers, even though nothing changed in terms of content moderation and everything was done to appease activists.
Musk’s fortune has shrunk by about 35%, to $209.4 billion since its peak on Nov. 4, 2021, from $320.3 billion, and the almost-sole reason for this decline is the decline in Tesla stock. Over the past year, Musk has sold $31 billion worth of Tesla stock to finance his takeover of Twitter and take it private. Since the deal has not been finalized, Forbes calculates the value of the cash (minus taxes) earned from these sales at their net worth. But the row over the Musk-Twitter deal has alienated investors, who believe Musk will pay an exorbitant amount to acquire the social networking platform and that he is recklessly selling Tesla stock to finance the deal.
From Elliott wave perspective, on the weekly chart we see Twitter trading in big bullish sideways running triangle pattern that can take some time before we will see a bullish break-out, as final wave E can be still missing. On a daily chart we are tracking a three-wave (A)-(B)-(C) rally within wave D that can find the resistance around 60 level and from where we should be aware of another slow down within wave E that can retest 40-30 support zone before it takes-off.
arkaDIKOUSD_ghostTrade_TradeGod - Long 800% 4hOKCOIN:DIKOUSD
ARKADIKO/USD ripe for a parabolic return to the previous delta volume divergence level @ 0.2504.
hidden volume divergence between the highs formed 29th - 30th on a 4h resolution.
Huge volume changes are evident over last 24hrs and believe the following is now expanding before us:
Entry: 0.0185 ✅
TP: 0.2504 - ETA =< Sunday 6th Nov 2022
Its a volume thing 😁 Enjoy at your own risk 🤔 as always...
SSE (Shanghai stocks index ) probably “bottomed”. 28/Oct/22SSE ( Shanghai Stocks Exchange ) index probably now as “leading indicators” for world’s economic not US anymore..As its index “crashed / bottomed” much “earlier than US markets like its individuals stocks e.g BABA, Tencent, Xiaomi, NIO etc..
$BTC Wyckoff Markup 15m - Midweek DistributionHi guys,
So bullish news on Bitcoin, which means we should all buy now, right? Bitcoin is pumping and now we're getting on our rocket ships to mars.
Not so fast.
Rishi Sunak has become the Prime Minister of the UK, and it is said that he is a fan of Bitcoin and used to be an institutional trader, which is very good news in regards to the British economy and the British pound. I recently got out of my large short 'position' on the pound after a year of keeping all of my savings in USD even though my home currency is GBP because I saw a devaluation of the pound coming.
Back to Bitcoin; as I have been saying for weeks, I am seeing a relief rally up to $28-32k and we have now broken out with this good news. But now is not the time to go long.
Over the last couple of days we have been seeing a wyckoff markup pattern as shown below:
www.investopedia.com():max_bytes(150000):strip_icc():format(webp)/dotdash_Final_Making_Money_The_Wyckoff_Way_CSC_DNR_Jul_2020-01-f62425effeb9422fb7ac34ad83c1f963.jpg
Which can also be seen as an Elliott Wave 5-wave structure.
This is how prices react to good news.
Now, what I am seeing is a midweek distribution, which is quite common in weekly market patterns, before a dump towards the demand zone, shown in red at the bottom of the chart.
images.prismic.io
Cheers for reading and let me know what you think,
Tchau
BTC: ~ $ SYSTEMCTL START DEPLOY.CAPITALBTC: ~ $ /PRICE/BOTTOM/STRATEGY.PH
Script started on SATURDAY 18 JUN 2022 08:13:33 PM UTC
DCA="Weekly"
DURATION="Price is sideways"
EXCEPTION="BTFD!"
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$$$$$$$$$$
BTC: ~ $ ^C
BTC: ~ $
BTC: ~ $
BTC: ~ $ /ETC/INIT.D/WYCKOFF_ACCUMULATIOND STOP
Continue? (y): Y
DXY.TOP.......................................................................................................
BOLlINGER_BAND.SHRINK..................................................................................
BTC: ~ $
BTC: ~ $ SYSTEMCTL START BTC.PAMP -T 30K+ | ECHO "YELLOW_PATTERN"
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
#PS: Do you recognize that YELLOW PATTERN? It is copy of the price action from May-August 2021!
# I have put it there in June when I felt THE BOTTOM MIGHT BE IN = still nearly mimics it so far =)
# Was expecting to see a Lower Low fakeout for the so called "SPRING" to trigger the pump but....
# PURPLE LINE = ATOM -> it has been outperforming BTC and everything last few months! ⚛️🚀
Cycles of BitcoinIn weekly time units and in logarithmic scale, we can see that the cycles of Bitcoin have been based on technical support since 2010. This support gave way only once during the panic of the world stock exchanges in March 2020, due to the Covid 19 pandemic. This representation shows that Bitcoin is probably on the low of the current cycle (end of cycle) and that it will never return below $17,500, except in the event of a new global crisis which could cause the price to fall below its historical support.
The same analysis done in February 2019:
My analysis on the end of the current bear market:
SP500. The worst (>-70%) is yet to come by 2025. 11/Oct/22..SP500 probably will break ATH ( All Time high again ) by 2025 as we’re probably @ the sub wave B ( Red Circled) of the second leg of expanding flat pattern abc (green) which is wave b (green)..Based on the “pattern + cycle”..There is a “possibility” that SP500 will crash more than 70% toward around 2000 level. By end of 2024/ early 2025! So..”Prepare for the worst!”..
Identifying significant bottoms in Bitcoin Bear CyclesHey all!
I've been looking at long term charts for quite a while, trying to find some pattern to help me identify and find the dreaded "price bottom" everyone longs for.
Here's a model/pattern I've found out in the chart, which eerily seems to be accurate across past cycles, and we just yet might be finishing it off as well this time.
There are several predicates I have to put before the analysis:
This is NOT financial advice and should be used for entertainment purpose only!
I'm using two-week candles to have as little noise as possible while having more data points than when using Monthly candles.
RSI
- Major level for RSI is 50; when RSI is above 50, I consider we are in bull-market and going up. Basically every time we went above 50 and held it as support, we never looked below 50 before reaching the cycle price top.
- Another major indicator is the Moving Average on RSI. As per usual, if MA is going up, the price goes up and until the direction switches, prices will go up. Breaking the MA as support and holding it as resistance starts the new bear market and prices dropping.
- Since this analysis focuses on the "bottom", I'm going to talk mainly about what happens after RSI breaks the MA and it reaches level 50 from above.
StochRSI
- as per definition, major levels are level 20 and 80.
- All major price points I'll talk about happen below level 20.
PMAR & PMARP
- I'm using PMARP
- major level is between ~25-30; We tend to touch or go below this level in bear markets
- The Moving Average (SMA) is very important and I'll be using it in my analysis as well.
As you can see, there are 9 orange vertical lines, I call them simply "#point 1-9". These are actually describing the "same" event in different times across the Bitcoin history.
I will completely omit any price charting, the price is only pinpointing my analysis, however be sure to notice, the orange #points are showing INDICATOR significant levels, NOT price levels (even though they go hand-in-hand).
The story must be explained on each of the three indicators, for each of the three-points I'm using.
So let's start!
#point 1, 4, 7
RSI
- RSI went below MA (yellow line), and reached the ~50 level for the first time since quite a while.
- On this occasion, the level 50 holds as SUPPORT
StochRSI
- First visit of <20 lows since hitting highs of >80
- Usually goes even below 5, or as low as 0 on this occasion.
PMARP
- First time reaching level ~26-30 since breaking the MA (white line)
On this occasion, we are hitting first major lows on all indicators (and price of course as well). However, every time, there is a small bounce, but this bounce is short-lasting, invevitably heading for next points.
#point 2, 5, 8
RSI
- First time RSI does not hold 50 as support and breaks below this level. It will likely retest this level as resistance but fail to hold it as support for any prolong period of time.
StochRSI
- Another point being <20, most likely hitting <5 again.
PMARP
- Hitting level ~26-30 again or going first time BELOW it.
After our first set, we had a brief rally, only to get crushed even more below our support levels on all three indicators. Price can be the same or lower than on previous point, but we know there is #point 3/6/9 coming up, as this is not the bottom just yet...
#point 3, 6, 9
RSI
- Hits absolute bottom, it will NOT go below this level until the next bear market.
StochRSI
- Again (or still) hitting levels <20, most likely <5 even. Looks like any momentum is completely dead.
PMARP
- Hitting new lower-low, this value will not be visited again before reaching next bear market.
- #point 9 is an outlier - other points were rejected from MA after previous point AND before reaching this low, not the case for #point 9; However, what we DID have, was a rejection from MA on PMARP before #point 8 printed, which could count as well.
This last point in each cycle is very special, as there are many similarities and some differences between each points.
The most important aspect is, that at these points, the indicators were at their absolute bottoms, and very similar story followed for #points 3/6, we are yet to see if they will happen for #point 9 as well.
So what happens next?
RSI
- In my eyes, the bull-market is over whenever RSI goes below 50. And on the contrary, the bear market is over when RSI goes above 50 and decisively holds it as support.
- When last point prints, the RSI must retake firstly the MA (which tends to be lower than 50), and next it must go above 50. Once it does, the bull market is officially on.
- You can notice interesting "similar" timeframes for following:
- Going below MA (yellow line), and going above 50 level took 45 bars (Jan 2014 - Oct 2015), and 35 bars (Dec 2017 - Apr 2019). If we take 45 bars on our current cycle, we are looking at Mar 2021 - Dec 2022 if you take first break of MA (the same as previous points)
- After going above level 50 (and holding it as support), it took 57 bars before we decisively broke the MA in 2017/18 bull-market, and 51 bars in 2019-2021 bull market. Since we are not above level 50 right now, it's hard to say when the next RSI break might be, but if we use our previous estimate of 45 bars from MA break to 50 level break, and use "average" of 51 and 57 bars, we are pointing for RSI breaking the MA from above again in Jan 2025; but this is pure speculation right now.
StochRSI
- Important level when coming from <20 is of course the level 20, and 40 as well. Once both levels are held as support (and possibly retested more times), the bull market might just be allowed to start,
- For #point 3/6, the first time we "touched" level 20 on StochRSI after these points printed, we never went below level 20 again until the next bear market.
- NOTE: Reaching 80 the first time does NOT have to mean the bull market is starting - this has to be connected with the RSI being above 50 as well - then you can be "sure" it won't go down again until next bear market.
PMARP
- Similarly to RSI, PMARP has two objectives - retake MA (white line), hold it as support and then go above level ~26-30 and hold that as support.
- There are also similar timeframes for notable objectives done by PMARP:
- Breaking the MA (white line) from ABOVE, to break it again from BELOW took 28 and 29 bars. If it were to take 29 bars this time "again", it points to Dec 2022 (same as RSI using 45 bars, see above) - the last point is a bit of an outlier, since PMARP went above it's MA briefly during Oct 2021, so I consider the "last" break from ABOVE in this timeframe.
- Time between #point 3 and 6, when PMARP last touched the MA, to next time it did the same after given point was reached, took 100 bars. If we use this same timeframe, we are looking to break the MA on PMARP from BELOW in Dec 2022 (again the same date!)
To summarize:
- All things considered, I think we've already found our "three bottoms" as we did have in previous bear markets as well. This does NOT mean price cannot go lower (cascading liquidations for example), but I'd argue that the INDICATOR bottoms are IN!
- Using similar timeframes, it might seem we could break the indicator major resistance around Dec 2022. This does not mean the price will be higher then than it is now!
- Again, I'm not saying price bottom has been reached.
- Critique and comments are welcome. I'm newb TA-junkie, this is not professional work and it's the first Idea I've written.
- This is not financial advice, DYOR.
HARTA long term bullish reversal w/ confirmation. 30/Sept/22Harta have long term bullish reversal setup with confirmation entry! Harta’s stock price By breaking wave b (cyan) the subwave of last impulsive leg down which is wave (v)(Red) confirmed a reversal signal for down trend Since August 2020...P/s people asking if you are so good why just don’t “keep yourself?!” R u trying to show off? Selling signals or looking for investors? Not at all. As we know, 1 ways to improve our trading, traders is to write down their “trading journal” instead of “keeping myself “ I write down AND Let “the public” to be “my judge” would be “more motivated “ to correct my mistake..
DXY & FED FUNDS RATE2 day Time frame update of Quarterly DXY chart below....
DXY shown here with macro harmonics, contrasted with historic Fed Funds rate. Arrows indicate BTC cycle lows put in well below prior DXY peaks, and serves a small dose of balancing hopium in an otherwise bearish market.
Fractal is taken loosely from the circled areas, with the suggested path involving consolidation in the 115/117- 105/8 range into next year.
Hypothesis: as developed nations step in to intervene to prop up their currencies, by tightening ( central bank rate hikes like we are seeing from BOE and Swedish Central Bank in the last week) and potentially tapping into their long end US Treasury reserves to purchase dollars ad buy back their own currency, as late last week's BOJ intervention suggests, DXY will consolidate but ultimately break up into the 119-low 120's before some cooling off.
Noteworthy technical macro ascending channel with 4-5 confirming touches which we are now closely approaching. With S&P P/E rations in the 18's we may start to see sidelined institutional investors start to enter the market at the 15-17 mark, as at this juncture with real negative rates dominating financial conditions, equities begin to service portfolios as a hedge against inflation.
***Harmonics are merely noteworthy phenomena, and not intended or regarded by myself as predictive of future price movements in any way.
DXY FED FUND RATE & BTCAlternative perspective, Bull case: BTC established cycle lows in 2015 and 2018 before DXY peaked and in tightening FED environments as pointed out in this chart. Worth noting there is certainly yet a case to be made for the macro lows for BTC being already in at mid 17k. One thing that seems to characterize cycle lows in BTC, is the mass calls for still another 30-50% drop which somehow never materializes.
HOW A LONG CYCLE UNFOLDS IN REAL TIMEKUCOIN:INJUSDT
Above diagram is a simple graphic of a Long trend cycle.
CONTRACTION - EXPANSION - TREND.
Prices tighten into a sideways corrective environment to the point of almost stoppage (This is where the phenomena of frozen candles pre break occurs) once a fair and true value has been confirmed by the market it breaks out into an expansion phase which begins to oscillate around true value taking out highs and lows in the process before moving into a dedicated Trend phase.
In the above structure a return to value will be in play though you should await the trend phase to trade the short move back to true value or equilibrium. More experienced traders can use this cycle knowledge multi time-frame to sell the highs back to true value.
THIS KNOWLEDGE UNDERSTOOD HAS A 90% accuracy to trading via orders and 100% to active and live trade management.
Any lows under true value are buy signals and any highs over true value are sell signals.
AVAX/USDT - “I” ALIGN WITH “ME” @110.542 KUCOIN:AVAXUSDT
Expansion out of a contacted price zone (33.601) - Accumulation began mid May for this Wycoff natured daily expansion phase reversal.
BUY POSITIONS -
P1: 13.045
P2: 17.961
P3: 24.656
P4: 30.783
P5: 33.601
TAKE PROFITS -
TP1: 24.656
TP2: 30.783
TP3: 33.601
TP4: 69.572
TP5: 110.542
I regret to inform you that stop losses are a myth and do just as they say, incur loss. If your feeling emotional just place a stop at break even although proper risk management with leverage and or your margin being managed intelligently will make this an extremely pleasurable trade.
This one was a tricky one because during the liquidation phase and liquidity fills AVAX was pushed into contraction at (30.783) again causing mainly retail to sell more AVAX and further liquidations although institutions and whales were thinking the opposite and still taking profits, as well as accumulating inventory for the upcoming trend pointed out on the chart above. The next at (24.656) where new buys were placed by mainly retail traders because at this point the asset becomes somewhat feminine in its nature and structure after masculine impulsive sell moves cease abruptly. This slower vibrational activity drainage begins when volumes dither and confusion and panic sets in.
Do not be fooled though remember it is a paradox and one of degree: Higher resolution (time-frame) expansions (corrections) can be traded by experienced and skilful investors who understand how the market really moves and in fact 90% of traders will be in this phase on lower time frames 90% of the time within around 90 days you’d have been through a cat 12 typhoon, capsized and all your collateral lost at sea while “Pirates escape in a spaceship with your inventory!…”
Further buys were then placed at 17.196 after yet further but not yet finalised liquidation bear phases. Prices then returned into the zone created by the three aforementioned contractions bracketed and explained above in attempts to settle AVAX’s value. This was confirmation that 24.656 is the AVAX equilibrium with 13.045 looking very much like a final liquidation zone as the liquidity here is needed for the imminent trend.
The panic and volatility that can be seen in these price fluctuations during expansions is scary and will ruin you if you get caught in a higher time expansion on a lower time frame with no understanding! Understand first or eat bread and drink water.
Have interest, this creates a cycle of attention-interest, more attention meaning more interest and will grow into a concentration and further to a focus and on to higher mind vibrations of concentration and focus that bring understanding and knowledge from the ether. Give your newly obtained knowledge to action and receive yet more knowledge which you now begin the process of having interest in that new knowledge and the cycle continues. This is how brain market structure works lol…
Read this over and make AVAX your ticket to higher dimension and degrees of reality and use your winnings selflessly, intelligently and only for the good of humanity. Any monies made from this idea that are used negatively will reverse manifest and become yet again unseen. You were warned.
TRADEGOD
BITCOIN - 6141.3 WHERE THE PAIN ENDS AND THE PLEASURE BEGINS!KUCOIN:BTCUSDT
Here you are looking at how a market switches from short to long and in doing so increasing it’s true value. You will be now able to find some peace finally knowing where the pain ends with BTC and this internally impulsive bear market corrective cycle.
BTC ended a previous cycle after heavy selling to satisfy the true and fair contraction value (created Mar-May 2019 when the cycle began), causing violent liquidation and the shifting with volition. This value of 3821.0 was agreed upon by smart money and intelligent money during the bracketed period aforementioned. After the liquidation event when intelligence started to pull profits to begin a new contractual agreement longer term, liquidity was trapped in the marked Aqua zone and a new agreed price at that time was agreed upon.
That price is 6141.3
That price just as the previous price of 3821.0 MUST be retested to complete the contractual investment and adhere to natural law within this substantial reality.
Be grateful for the the good and positive elements this cycle brought you and the things you learnt from it in any situation it placed you. Know now that the new cycle will soon begin and you will have an epic investment and hold from BTC at a historical value. THANK ME LATER AND DO NOT MISS OUT. I WOULD HATE TO SAY THAT I TOLD YOU SO ;) …
DAX respecting diagonal supportThis is Germany's stock market index, one of the strongest economies in Europe.
The index consists of the 40 largest companies listed in Frankfurt Stock Exchange.
On the monthly chart we have the red diagonal line, which has been a support since the beginning, as shown in the circles.
We also have the middle yellow line, which has been tested 11 times as a support.
In the times when the line was 'respected', I put the green number.
When the line was broken, I put the red number.
Will it break down this time?
Cyclically, the price reaches the red line in the month of March.
So if this periodicity continues, the price would reach this line in March 2023.
Or if it happens equal to 2011, at least it would come close in September this year.
At least in the short term, the scenario does not seem to be the best, and this is true for all markets.
The monthly MACD is pointing down, which is not a good sign.
But just because something happened in the past doesn't necessarily happen in the future.
This is just a prediction and a question.