DFT - BTC: Bear or Correction? Observation:
Nothings can tell me if the momentum has stopped its race for now:
- No tendency change for major trends (rope).
- Planty trends and/or clouds to support price drope tendency.
- Volume is still green in daily on the resultant.
- Waves pattern is acceptable for a round 2.
=> Clearly, it's a green light for the price to continue to build up in term of daily indicator (market sentiment it's an other story :p)
=> If the things finally turn south and you want to try a short, keep the red trend in mind. It's your last border reference before a bull/bear flippening after daily closure. This trend had been retested 3 times before the previous 2017 bull run.
Gl
Cycles
NKE - cycle bottoming - consolidation stageNow lets take a look at NKE. Weekly charts are suggesting both major and minor cycle bottoming out over the next 4 weeks. Last few cycles have bottomed in time so one may expect a timely bottom . Where we find support during this time will give us a fair idea about the next cycle expectations.
At this stage we see the following prevailing conditions:
1. $106 to 108.5 likely cycle resistance and Fib ext target zone
2. Lower support zone between $95 to 97 levels
3. $87-89 likely strong support as previous cycle peak/ support confluence zone
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Cheers
NEM : Daiy chart, pullback expected - minor cycle bottomNow that we have looked at our view on weekly charts, lets look at the daily charts. (attached below the analysis on weekly charts, better t read that first to have the forthlooking view)
Weekly chart on the minor cycle suggests a minor pullback in the beginning of March 2020. As we are aware, price may bottom a few candles around this and we may expect last week of Feb and the first week of March to show a minor pullback. Price around $42 and $41 is an important cycle resistance/ support zone from previous weekly cycles.
A look at the candles and we can see some signs of signals of short term market overbought conditions and also RSI showing overbought status.
Wait for the pullback and then price may retest the upper resistance zone
Look out for more action on this!
DFT - ETH vs BTC - Bell curve vs Black Swan Observations:
-Still holding the last target rope with a HH & LL configuration. Holding rope is turning positive (buyers > sellers)
-FFT harmonics building up nicely
-Volume resultant is almost positive, then to stay conservative i will keep a orange light on this.
Next target is the next rope above:
-TP1 the rope
-TP2 the cloud
Bitcoin Cycle Low and Yearly CycleI believe we now have a cycle low. I'm long and accumulating with stop at the recent low. If that fails I will look for the 200 MA area and add on the daily reversal candle.
At this point, we have a right translated cycle and recovered the major MA's. So I plan to continue to build on cycle low dips and will generally look for a right translated yearly cycle to top sometime between July and September and it will be difficult right now to determine the exact timing.
As long as we have right translated cycles and stay above the major MA's I will be in long and bullish for 2020.
DFT - Tron no surprise vs BTC-TP1 at the top of the cloud of the current rope
-TP2 at the next rope
Observation:
-The R/R is rather safe.
-Waves resultant holding the price is almost turning green.
-Long term cycles building slowly but surely a momentum.
-The Clouds of resultants from volume is stained by some red clouds but all volumes rope had been crossed by the clouds (can't popularized it more sorry :p)
Gl
DFT - Resultant dephasing price_CRISPR try a pull backTwo TP above the rope.
-Long term waves on current price rope are building up a momentum.
-Price waves resultant is almost positive (green).
-Green cloud on volume resultant is trying to creat an escape channel (wormshole).
Because of this last indicator still in ""orange light", i wouldn't try to TP above TP1. Btw still a fair trade :)
GL
nb: More than just a TA, CRISPR has a monumental fondamental ;).
Psychology in trading. Manipulation of consciousness Bitcoin 666Bitcoin's main trend is upward. Which formed the ascending channel .
Always trade with the trend. Decide in which trend you are trading and on which timeframe. Decide on strategy and risk management.
Your first enemy is a lack of experience and knowledge. Your second enemy is greed and a sense of lost profits.
You always have time to make money, the market will not run away from you, but money in the absence of experience and knowledge will run away.
On a bull trend it is better to always work on the bull side; on a bearish trend , on a bearish side. Always follow the trend! Going against the trend is the same thing that falls under the locomotive and hoping that it will not overeat you, but will bounce off of you!
There should be a strategy and plan. At the same time, your strategy and plan should be plastic from market situations.
You need to not only know the rules of technical analysis , but also understand what and how and why it works.
Knowledge of technical analysis and the psychology of the crowd will make you in trading - God.
If you are like everyone else, then the result will be like everyone else.
Those people who rely on quick profits without effort and time are doomed to give their modest deposit more smart and hardworking. For the minority to earn money, the majority need to lose money in the market. The more the majority plays according to the rules imposed by the minority, the more money is lost. Consequently, a minority earns. To earn, you need someone to lose! When a minority needs it, the rules of technical analysis stop working. The faith of the majority imposed by the minority destroys the mountains and minor minority deposits.
In the game against the crowd, only time decides the question of when the average zeroing of the deposit in the average person will occur.
Those traders who are sure that success depends on only one successful purchase, retention of the asset for a short time, and then sales are many times more expensive - are doomed to zero the deposit. This is what the majority think, which means that this is an erroneous opinion. Thanks to this majority faith, the minority earns. Trading is not only work - it is creativity and relaxation!
Remember, trading is a game of probabilities . Who trades from the situation created in the market - earns.
Who trades on the basis of what he wants - receives a loss.
The crowd trades out of their desires, not market probabilities. The crowd always loses.
Thanks to the thinking and desires of the crowd, we earn.
There are no accidents, there are random patterns that must be understood and used.
Coincidences are planned actions disguised as randomness.
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3075-1170-1666-444-27-01-20
310-130-23-13-06-02-2020-13
371-27-671-27
Money is not the meaning of life, but a tool for life!!!
Appreciate the time of your life in this world - this is really a limited resource . Time will pass, life will go.
Have you been born in this world for a cut paper of money that you will never have in your desired quantity? Think it over.
Also think about patterns.
Why is it that everyone who wants to have a lot of money remains very poor. And the opposite is true - who does not pursue the amount of money, but does good deeds, receives fantastic amounts in a short time that the “supplicant” and “wait for money” will never receive for all their wretched existence. How to give such is not safe. The crowd with their desires is crazy and selfish. To give to such is tantamount to destroying them. The world is honest. Who creates - he receives.
Most want to receive - but do not give anything in return. This is the secret of poverty.
Understand the world, understand yourself - life will become meaningful, understandable and easy.
CVS - weekly chart cycle analysisToday I am going to review the chart for CVS health Corporation on a weekly timeframe. CVS seems to be following in 18 to 19 week cycle and we saw the latest cycle low being formed with the candle reflecting 27 Jan 2020.
On 12th Feb 2020, CVS reported earnings that broadly beat the street’s estimates. CVS reported adjusted EPS of $1.73, which beat estimates of $1.68. The company reported revenue of $66.9B, which also beat estimates of $63.97B. The company forecasted annual EPS from $7.04 – $7.17 in 2020, which was in-line with analyst expectations of $7.15
Lets look at what the charts are suggesting.
CVS has started the upward move as suggested with the beginning of the cycle over the last couple of weeks after bottoming out around $ 67.81 levels.
CVS is in a very bullish intermediate-term cycle pattern with negative momentum. Given these conditions, we would expect short-term sell-offs to be limited to the intermediate Fibonacci support zone beginning at 70.58. There is a likelihood the stock tests 79 by May 2020
Price is inching upwards towards 75-76 levels, which is the first zone of resistance. This level is important resisitance as this reflects previous cycle high (failed upward move) witnessed during Nov 2019 to Mid Jan 2020. Also, this level shows confluence with Fib levels.... 0.786 levels and hence may act as short term resistance . Once this is cleared, next resistance at 81 to 82.5 levels. As indicated in the chart, this is also cycle high and the previous peak levels , where prices failed to hold on and got into a major declining phase. These levels were last witnessed in Nov and Dec 2018.
Price should find support around 69 to 71 levels in the short term.
For the bears to regain control and for us to revisit our belief, we will require a daily price close below 66.73
If you like what you see, then please share your comments in the box below and share a thumbs up!
DFT Dephasing cycles resultant - WTC to recover
Last rope got broken => Test on next one incoming.
Volume indicator = ok
Price indicator =ok
FFT indicator =ok
Risk management indicator (distance from last rope) = 3/4
Could happen anytime soon.
Good luck
BTC FFT super cycles - Dephasing model!This is not a target, it's just the last rope which gonna hold the next Cycle!
The buyers/sellers resultant= 0 is our next support bottom (We have time but keep it in mind ;) ).
The new rope itself could be the resistance aswell but it will mean nobody care of the BTC anymore, then a last intermediary resistance in the node (buyers = sellers) is my most likely target for bottom (Once you see the existing rope break on after the other).
Nb: Don't imagine BTC cycle with one period and one frequency but plenty with new one coming to complexify the equation in every cycle! It's more complicate than a W our a Diamands pattern than everybody try to sell you on Twitter ;)! The market is dephasing with different kind of buyers, sellers which all belong to a frequential waves system based on for example day/night, Kondratiev cycle, institution market closure, futur, payday...IA bot. Soon it will be unreadable in Micro market by too many variables and finally perhaps people will stop speaking about "manipulate market".
Buy - SWKS - weekly chartsSWKS looks great on weekly charts in a strong move. we are testing the upward momentum line that I have drawn and I think this week should give us a good buying opportunity
Buy zone / Targets are mentioned on the chart
Close below 107.95 on daily candle may require us to reevaluate are trade
Indicative time for the play : 3 to 8 weeks
BTCUSD | SeasonsBTC range squared to previous season cycle. Price action is bullish, currently above the 45 degree time/price equilibrium. With the upcoming halvening and a market perception favoring bullish sentiment, this still looks like a good buy, even if you missed the dip months ago.
Not trading advice
TRX / BTC Falling Wedge. Cycle. Work on a coin.TRON after a local maximum formed a local downtrend. This trend has formed a downward wedge.
If this wedge works out on a global scale, a double bottom will form, which will become a reversal pattern of the main trend.
ENTRANCE
1) on the breakthrough of the line of resistance of the wedge. (maybe it’s happening now).
2) on confirmation of support in the region of 130-150 satosh if the price reaches there.
Stop loss
Under key support levels during your entry into the market.
Do not forget to move Stop Loss during the price increase, but take into account the volatility of the coin.
TARGET
On the chart, I showed the first potential movement when trading in a local trend.
To see in the global where the price is, look at these previous training ideas, where this coin was used as an example.
1) TRAINING. Theories of the Dow. Types of trends. Phase TRON. There is still a bit
TRON Lateral movement. Possible formation of a double bottom.
BUY WAVES - great opportunity with great RRROn the chart you can see cyclic analysis of this coin. Current time calculation between 19-25.1.2020 should give the power into this chart and start new bullrun cycle.
You can follow this set-up:
1. market entry at current price
2. set limit order into the zone between 1013 and 1025 sats.
3. set stoploss for both positions at 980 sats.
4. set take profits into the resistance zones which are visible on the chart as a blue zones
RRR of this trade if we calculate only first target is
1. 1:2 within market entry at current price
2. 1:4.5 within limit entry at levels around 1020 sats.
Good luck to everyone!