Economic Cycles
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ETC/USD Main trend. Fractal cyclic structureLogarithm. Time frame 1 week. The main trend.
Duplicated on the exchange OKX, a little added to understand the logic and accuracy, as on the exchange poloniex, there is no liquidity. If something happens to have an idea on a more liquid exchange. As this cryptocurrency is interesting.
Major trend. Channel. Publication 01 2023
Linear Now in Moment.
Local now at the moment.
Locally. Let me remind you that from the main zone of the cryptocurrency set (horizontal channel) the average price is now exactly +84%. Compared to other assets, during the transition from the accumulation phase to the participation phase (Dow), the price did not increase very much compared to other cryptocurrencies. That is, a conditionally lagging asset.
A triangle is forming . In a localized rising set trend. From this zone, about 40-50% left to the rounded bottom resistance zone (final accumulation phase).
Then it will be business as usual, on stocks or liquid cryptocurrencies. Breakout of resistance, perhaps not immediately, but that's not the point. After breakout, consolidation, then re test and news negative/positive. Confirmation, and the beginning of strong, conditionally irrevocable impulsive movements into the zone of “news perspective of this blockchain”.
This is when ETH will be above or near $10,000. This will be its first consolidation — a partial reset before being pulled into the final reset (distribution) price zone. In this consolidation, not up to the maximum prices, the progenitor of expensive ether, that is, ETC, as before, will surprise everyone with an aggressive news background. With a high degree of probability, all speculative games, as in the last cycle during pumping, will be “slightly wavy”. Don't forget to sell and don't be greedy...
For those who are not traders at all. So which of the hamsters has iron balls, throw in a couple of hundred dollars and forget it, conditional retention without trading for 9, 13 and 19 months. Sold in 3 parts (optional). But, if you don't sell, you will get scared between these market pumping “time zones” and sell everything during the “fear”. If there is profit in advance, then it “warms the soul” and the feeling of lost profits will not play a cruel joke.
Money management. Leave a third of the invested money in dollars, for additional purchases, in case there is a spill in the market (only 1 significant, sharp, unexpected). Ignore everything else, there will be enough coins to earn money. If the dollars are not spent and the price flies away, do not buy crypto candy wrappers, but buy a gift for your loved ones.
I am sure that many hamsters , when a trend allows absolutely everyone to make money, will imagine that they are real traders and decide to increase the number of coins. I am 99.9% sure that on futures (your psychology is known in advance) if you take inadequate risks, you will lose all coins up to half the maximum price.
⚠️ Adequately evaluate your skills and behavior . Therefore, for some people who are relatively poor but want to become rich, very quickly, it is better not to trade or even be interested in the market until the market is in the distribution cycle, that is, the highs (late 2024 and 2025). Otherwise, each local peak (as always) in a growing trend will be perceived as the end, and when the end comes, on the contrary, as not yet a maximum.
Copper - Once again a snapshot of the '05 era compared to now
1989 - 2004 experienced years of sideways action then to a final blow off breaking out of pattern onto the next level. This blow off then resulted into a financial crash.
From 2006 (the first top of the '08 crash) to 2023, the market has also been sideways exactly like the past but of course in its own unique way.
Based on analyzing coppers trade pattern it seems that we're located in the times of 2005, three years before the '08 crash.
lets say the market is due to crash in ~2025 this exactly lines up with the clues in the past to say the market will crash in 2026.
With this data you can match your research to add confluence in your investment strategy, trade ideas, and much more.
*Not Financial Advice - DYDD*
2024 Historical Monthly Chart BTC USD Stochastic RSI DirectionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
Monthly chart and Stochastic RSI shows directionIn BTC USD, practically every time the monthly Stochastic RSI has reached 100 and the fast RSI crosses the slow RSI there is about a 45% to 75% drop in value as a correction.
The BTC low target would be $29,000 to $41,000 for the next 6 months prior to the post-halving bullrun going into 2025.
Predicting Bitcoin's Next Cycle PeakTrading Idea: Accurately Predicting Bitcoin's Next Cycle Peak with Bitcoin Rainbow Wave
Introduction
Accurately predicting market tops is a grail-like pursuit for many traders. While it's impossible to pinpoint the exact peak with absolute certainty, technical analysis tools can provide valuable insights into potential price zones. Bitcoin Rainbow Wave emerges as a promising tool for identifying these areas with remarkable precision.
Bitcoin Rainbow Wave: Unveiling Market Cycles
Bitcoin Rainbow Wave is a technical indicator that combines logarithmic growth, time-based cycles, and market sentiment to paint a comprehensive picture of Bitcoin's price trajectory. It effectively captures the cyclical nature of Bitcoin's bull and bear phases, making it well-suited for identifying potential tops and bottoms.
Identifying Highs and Lows with Triangle Zones
By employing triangle zones, we can further refine our analysis and pinpoint potential areas of maximum profit or risk. Triangle zones are formed by connecting two significant price points, creating a visual representation of support and resistance levels.
Historical Accuracy
Bitcoin Rainbow Wave's effectiveness is based on on 6 previous Bitcoin cycles. (3 cycles was formed even before the first halving). The indicator has consistently identified zones of maximum buying (blue triangles) and selling (red triangles) with remarkable accuracy.
Predicting the Next Peak: A Data-Driven Approach
Leveraging the power of Bitcoin Rainbow Wave and historical data, we can make an informed prediction for the next Bitcoin cycle's peak. Based on the indicator's projections, the next peak is anticipated within calendar year 2025.
Recommended Selling Zones: Maximizing Profits
To maximize profits during this potential peak, consider selling within the recommended price range of $200,000 to $250,000. A more conservative approach would be to target the $220,000 to $230,000 zone.
Conclusion
While no indicator can guarantee absolute precision, Bitcoin Rainbow Wave stands out as a powerful tool for identifying potential market peaks with remarkable accuracy. By combining its insights with triangle zones and historical data, traders can make informed decisions to navigate the cyclical nature of Bitcoin's price movements. Remember, always conduct thorough research and employ risk management strategies before making any trading decisions.
3 days of breakout traders in the market !!! COMEX:GC1! TVC:GOLD
first green week achieved, (see previous idea on gold)
now , we have a 3 days of breakout traders in the market, a very strong selling opportunity, i think alot of people like 3 bar reversals, im not the only one, but i would be patient, see if they trigger buy stops further, i could totally see them continuing to drag shorts higher and higher for the sell high wednsday. but we will see. i am definitely a bear on gold , just looking for the signal day to confirm it. tomorow i will be looking for selling opportunity. whether it be swing or scalp , is unclear, but 3 days of BO traders is a strong sell for me. personally i want to see gold close as first red week template (attempt to go higher but close below fridays closing price ) for the sell high opportunity following week.
may the markets be with you all!!!
Stay Sturdy Traders!
SPX ~ 5800 Possible VariantAfter the covid monetary policy, and helicopter money handouts, the cycle of tightening and rate hikes to fight inflation began. At this point, there is already talk that it is time to lower the rate, although let's be honest - inflation has not gone anywhere, and continues to grow. In this case, we will get a secondary inflation already structural, which again will have to be flooded with free money.
Apparently it is obvious only to me that it does not work and Mr. Powell is making the same mistakes that were made by all Fed chairmen before him:
Paul Volcker 1979 - 1987
Alan Greenspan 1987 - 2006
Ben Bernanke 2006 - 2014
Janet Yellen 2014 - 2018
In this situation, which will happen again with a 95% probability - The SPX index has the option of developing a diagonal triangle, which in Wave Theory has a form called a Ending Diagonal.