RH - positive and likely uptrend continuation - cyclic toolsNYSE:RH
This time its time to look at RH
RH has been moving upwards and forming an uptrend since early June 2019.
A quick look on the chart and we can establish a few key support/ resistance lines
Support 1 : 218.23
Support 2 : 206.60
Support 3 – 192.12
Support 4 : 171.34
Resistance – Stop buy entry level : 228.72
Resistane 2: 243.84
There seems to be chart formation happening. On breakout above 229, one could expect a continuation of trend
Upward Price target- 270
Interestingly, price seems to be making a trough or a intermediate corrections on the trend every 14 days. If this is the case, then yesterdays price close could be a near time low for the 14 day cycle. Next important day to look for is 30th Jan and then 13th Feb 2020 for next low on the cycle.
Interesting times ahead given that US and China trade wars seems to be moving in the positive direction
Please note this is not an offer to advisory, please consider account size and risk management tools
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Cycles
Logarithmic Cycles of BitcoinHey there,
So this chart might look familiar to you, since there have been numerous posts,
regarding the cycles bitcoin seems to go through.
On this chart you will see an extended analysis of this rather popular chart by using percentages.
Most of the data is discussed directely on the chart, so I will not go into detail down here.
Please look at all four written templates, since they provide you with further details and
should anwser any ambiguities.
In conclusion this chart gives a possible price target, including time,
for the next ATH of the coming bullmarket, estimated around Feb-March 2023 at about 150.000$.
Let me know about your opinions on this growth model down below.
Check out my YouTube channel "Enlightened Trading", since I will look to upload a video on this chart soon.
Cheers,
Konrad
Bitcoin - Fib Cycles - Elliott Waves Il me semble que Bitcoin est toujours en phase de correction, l'analyse cyclique et elliotiste en heikin ashi montrent un point bas à venir. Les niveaux d'achat qui m'intéressent, ce sont les 100% de fibonacci, ainsi que les 123,6%, ce qui nous donnerai une correction ABC en Flat, voir en flat extended. L'histoire tranchera sur la véracité de cette analyse.
Bitcoin Bull Runs, This is How they're Sparked!In this short video analysis, we highlight the correlation between traditional asset Risk-On cycles and their impact on Bitcoin.
Every historical $BTCUSD bull run's start has coincided with a SPY significant Fibonacci level breach and retest.
This past month the SPY has breached the long term 2.618 fib level and is seemingly headed towards the 3.618, with no significant retest as of yet.
What will Bitcoin do?
Will we get an SPY retest?
Is the correlation over?
These are the top 3 questions that only the market can answer.
Stay tuned!
BLX.ASX Cyclical Short Trade BeginningA broken clock is right twice a day, and an under performing lamp warehouse has a rerate every 1 and a 1/4 years. There is a heavy down trend that has begun since this thing appreciated after its IPO. since then there has been a cyclical run of price drops like clock work. These are more like zones of trading, where the rerate brings about a reassessment of the market participants of the stock. Buying at the beginning of Zone 2 and Zone 3 would have yielded some very handsome results because the trading was a long way away from the established trend line. The same strategy entering Zone 4 and now entering Zone 5 will yield disastrous results.
This is of course dependent on the trend line not being broken in any meaningful way. Which, given that its such a long term trend line, I doubt is going to happen.
Market Cycle of EmotionsI'm feeling depressed, angry, and doubtful about my BTS position.
I can feel the emotion creeping in. I can feel the thoughts coming on: "sell now, you can find another coin. This coin is dead."
In the cycle of market psychology, it could be the time for me to buy more.
If BTS was at .20 I'd probably have a million and one emotional reasons to buy more.
We have retraced 98% from ATH. What an opportunity!
Horizontal lines are support levels.
Who knows?
Good luck.
BTC in transitional phase BINANCE:BTCUSDT is beginning to enter a transitionary phase that could likely break the counter-cycle seen since the sell and buy walls created. Created this obvious barrier between both bull and bear with the clear and definitive prints. This is not a confirmation as of yet, though, something to keep an eye on if bulls can break the counter and go into transition to an initial upcycle. Which, for the case of all bulls; will need strong signal weight and momentum to successfully breakthrough.
NQ1! Setup for the Short Fall ??Nasdaq100
NQ1!
We are concluding the price cycle upwards today after the US Non-farm numbers have been released.
Expected at this point is for a down cycle to begin towards the 8100-8000 price area.
If the price cycles work as in years past and this area (RED ZONE) holds, we can see a decline downward with potential consolidation (GREY ZONE), and further declines to the GREEN LINE.
If new HI's are made, then larger price cycles are still in play. Use with caution among other parameters you trade within. This weeks UP and DOWN movement have many purely guessing direction...aren't we all?!. However, these movement predictions/bias' are based on cycles and more often than not, do work....but never guaranteed and so I'm always willing to change the bias when its no longer conforming to initial setups.
And finally with impeachment proceedings underway, end of year window dressing, and fed meeting, can make for a volatile few weeks so these movement are very possible.
UUU NETWORK TIME FRACTA ANALYSISBASED ON THE MOST LOGICAL PROGRESSION OF TIME FRACTALS WITH CIRCULAR RESONANCE THESE ARE PROBABILISTIC GROWTh OUTCOMES RELATIVE TO UUU/BTC.
Ultimate Beginners Guide For Bitcoin Profit in 2020As we head into December, We can see that the major drops I had predicted since November 14th has occured.
Bitcoin is currently fighting to stay above the major Support line that developed back in march of this year 2019 when Bitcoin had the golden cross and rallied to 13k zone.
This support line is set to break as we are no where near the end of our capitulation cycle. as you can see on the chart labled "C2"
Allow me to further explain...
Back in November 2018 we capitualted around the same time and the cycle brought us from $6,400 down to $3,200 once capitulation reached it's peak.
See C1 label on chart.
From these two capitulation zones we can chart our next two support zone....
First support being set to $6,400 labeled on chart as S1
If we fail to hold $6,400 zone, Then we will see another 50% capitulaiton completeing a 100% retracement back down to our previous capitulation lows of $3,800 Labeled on chart as S2
And If $3,400 doesn't hold... Well We could see $2,500 low
Labeled on chart as "MOAB" Mother Of All Buys
As Of right now, I am predicting our capitulation cycle will be completed in January. I will be buying in March of 2020 where I will hold until October or until further Technical Analysis depicts. Follow my Page for my updates.
Ethereum: Text Book Gann Cycles• Ethereum’s chart is displaying a textbook case of Gann’s cycles of an inner year.
• These cycles can help determine trend direction months ahead of time.
The Cycles of the Inner Year
Some of the most important lessons that Gann taught were related to time. Gann said that time was the factor that dictated the direction of a trend. Gann focused heavily on time being the primary factor that should be observed. One of the most important discoveries that Gann found were the cycles of the inner year. An inner year is a 360 (365) day period. It does not mean from January 1st to December 31st. To measure an inner year cycle, we just need an important high or low. Gann identified a number of cycles within an inner year: 120-day, 45-day, 90-day. 144-day, etc, etc. None are more important than the 90-day cycle, followed by the 180-day, and then the 270-day cycle. In all these cycles, any instrument that has been trending as it approaches 90, 180 or 270 days in a trend faces an extremely high probability of a countertrend move. Ethereum’s chart is a great example of Gann’s cycles of the inner year.
Ethereum (ETH)
Ethereum follows Gann’s dates and cycles very closely – almost oddly closely. Observe the first 90-day cycle from the 2018 low on December 13th, 2018 to the 99th day from that low on March 22nd, 2019. Quick note: 90-day cycles can extend to 99 days (and 180 to 198-days and 270 to 297 days). That 99th-day was just before another leg higher. And observe the 180-days cycle (Red, 195 days), the top of the 2019 market was on the 195th day from the December 2018 low. And then if we look forward exactly 270-days from the December 2018 low, we start to see Ethereum getting bullish and moving higher. But there’s one other very interesting component here that we have not reviewed. Observe the purple vertical lines. All of those vertical lines represent extremely important Gann dates. There are specific calendar dates that Gann identified as having extreme importance in all markets. Few are as important as December 22nd, March 21st, June 22nd, and September 23rd. If they seem familiar, they should. They are seasonal dates. December 22nd is Winter, March 21st is Spring, June 22nd is Summer and September 23rd is Fall. Notice how often Ethereum creates major move around these dates and notice how frequently these dates are falling on the 90-day cycles of the inner year.
There is a major confluence zone where Ethereum is currently trading. First, we are seeing a bullish response from the 270-day cycle. Second, we are getting closer to the next important Gann seasonal date of September 23rd. This date is doubly important because it is also the 90th day from the 2019 high of 364.49 made on June 26th, 2019. It is no coincidence that these dates are lining up. What we are forming is a powerful time square that creates extremely powerful price moves. This 270-day cycle we have completed is very powerful and it looks to continue a bullish trend that began in December of 2018. How long will the move last? Well, Gann probably has an answer to that. Regarding the 270-day cycle, Gann said that it could start a 90-day cycle that would end a 360-day yearly cycle. There is a very high probability that a 45 to 90-day cycle ends a yearly cycle. And 90-days from the end of the 270-day cycle bring us to December 9th, 2019 – just two weeks short of coming up against the next seasonal Gann date of December 22nd. I am expecting at least 45-days of continued bullish pressure for Ethereum.
BTC 2011/2012-2015 compared to 2015-currentPart 2
Building on previous idea.
Creation of trendline on log chart of total marketcap marked the end of the first major bear market. Test of this trendline marked the end (or at least major reversal) of 2018 bear market. Now trendline appears to possibly be failing. Crypto markets could be in for a major bloodbath.
Bitcoin: Wyckoff and Cyclical analysisBlue= accumulation
Green= mark up
Yellow= distribution
Red= sell off
Here we have a complete Wyckoff cycle (from december 2018) and a smaller cycle. I think that we had the sell off and a first accumulation phase and now btc could be ready for another mark up (green).
- I expect a trend reversal from tomorrow;
- I expect a pump 21-22 november;
- I expect a relative max 30 november-1 december
Saying what we are all thinking......Well.....It's obvious at this point.
Bakkt friend buys future shorts
Whale friend dumps market
Bakkt friend pays back whale friend
Whale friend buys more BTC at lower price
Whale is also Miner so whale shutoff miners to drop the hashrate slowing the supply during high demand before the halving.
This is what's happening, if I'm wrong.....then.....based on the weekly chart we are below the 20 and are on our way to $6,000
If I'm right, then we're going to be back at $10,000 within 2 to 3 weeks
GBPUSD : POTENTIAL PROJECTION BEFORE UK ELECTIONLooking at the Monthly cycle is there potential for a high to be created before the upcoming election ?
If the conservatives retain their lead at the polls and the Brexit Party refrain from contesting every seat, we could well see a cycle high form at previous structure level around 1.4200 towards the end of November.
Bitcoin Still Bullish, But What Can Go Wrong?This is a bearish chart, but let me clarify that I"m still bullish, still long at $7800 and still looking for bull market to re-ignite. But is important as a trader to understand what can go wrong and adapt. What if this rally and cycle fails, what happens if mid December is the yearly cycle low?
The simple answer is that we would have some very bearish market structure and be well below major MA's. The consolidation would be too long and chances of going into a long term bear market would be much higher. I would no longer be looking to enter a long swing trade. I would shift to more short term trading and eventually look to swing trade major resistance short.