Cycle 4 | LOG Trend LinesA throwback update to some of our earlier posts looking at long trend lines and extending them from points of interest... use the Interactve chart and future price movements to see how successful / useful they have been in identifying potential points of interest for support and resistance.
Currently BTC is interacting with long trend lines developed from our prior cycle technical and ATH. Trend line angle when extended below shows how future price resect these line levels.
Economic Cycles
Is Now The Time To Call The Top?With a new higher high formed on the Dollar, which mitigated a monthly Order Block and weekly Fair Value Gap, is now the time to be asking whether the top is in and a major reversal is pending?
Personally, I say yes, but price action still needs to confirm this as we can always continue trading higher. On the daily we have minor and major swing points from which IRL can be mitigated before a continuation higher and for the time being I'll be monitoring the various points as per the analysis for signs of a continuation higher or
The subjectivity in my analysis stems from the fact that pairs are no longer trading in unison across the board with EU still tumbling lower with the Dollar while AU has begun shifting higher. UJ is not clear as it's exhibiting signs if going both higher and lower so monitoring further development will be key.
My bias for the WEEK is as follows:
DXY - LONG
EURUSD - SHORT
AUDUSD - LONG
GBPJPY - SHORT
USDJPY - LONG
$LINK Breakout Imminent! $150 Easy!CHAINLINK IS A SLEEPING GIANT 🦣
It has been going through a 938 Day accumulation phase, and pushing for a breakout ~$25.
While we’ve been seeing other 2017 dino-coins reach their previous ATH, CRYPTOCAP:LINK is still 200% away from its own.
LINK will easily hit $125 - $150 this cycle, which will put its market cap ~$80-95 Billion.
That’s the current size of the CRYPTOCAP:XRP market cap, and we all know Ripple is a vaporware company whose main revenue stream is dumping tokens onto the open market.
Chainlink on the other hand is imperative for the functionality of web3 dApps as its oracles provide smart contracts on blockchains with access to real-world data.
This is why the largest global financial messaging platform, SWIFT, has incorporated Chainlink’s CCIP into their systems.
Easy 8x from here.
Biggest no-brainer Risk / Reward trade left on the market 💯
Crypto Week 47 AnalysisIt seems like that all Major 3 Crypto Coins are in Premium.
All of them are above True Week Open, True Month Open and True Year Open except for BINANCE:ETHUSDT.P Which is below True Year Open.
We are using a gap from previous Year Q4 that merge with a weekly gap. and we have a PSP in a weekly graph right about it.
Near True Year Open BINANCE:ETHUSDT.P there is a Gap from previous Monday in 3h graph.
I think I would like to see BINANCE:ETHUSDT.P getting into the 3h gap and targeting the True Year Open.
Current target in BINANCE:ETHUSDT.P is True year Open
After touching it I'll be bearish since the price is in a major Premium.
Crypto 4-Year Cycle, Monthly ViewThis chart paints a macro view of the 4-year cryptocurrency cycle, which is based around the Bitcoin halving events. This should give you a general idea of when a bull run is likely to occur, but you should use many other indicators for actual buying/selling decisions.
A few quick notes on this chart:
-BTC, ETH, and DOGE USD pairs are displayed on this chart (the top crypto, the top L1, and the top meme coin).
-My definition of the the bull run is when BTC dominance begins to fall on the monthly chart. This is when things tend to go a bit parabolic for the rest of the market. The end of the bull run is marked by BTC dominance rising on the monthly chart.
-The vertical yellow lines represent every subsequent 12 bars/months post-halving.
-Dates are estimates as this chart is in the monthly timeframe. Results may vary in different timeframe views.
-There are many other factors that may impact the 4-year cycle, such as ETH/BTC valuations, ETH dominance, USDT dominance, quantitative easing/tightening, black swan events, federal funds rates, etc. - none of these are considered in this chart.
Enjoy! :)
POLKADOT, TIME TO LEAVE THE HELLAltcoin Time: Polkadot Bullish Swing Trading
Polkadot is showing several bullish signals:
PML being disrespected
PWL being disrespected
PWH being disrespected
PDL being disrespected
PDH being disrespected
Daily Bullish FVG being respected
4H Bullish FVG being respected
4H Swing Low being disrespected
Bearish Argument:
4H Swing High is being respected
Altseason seems to be brewing, but as day or swing traders, we must remain cautious about short-term movements. Ignore the noise on social media and rely on your analysis and experience.
Risk management is everything. If you risk more than you can afford to lose, you’ll end up emotionally drained. Protect your mindset by applying proper risk management techniques.
Risk-to-Reward (RR): 5.2
Altseason Starts SoonThe Chart above show Bitcoin Dominance (BTC.D) over time, with highlighted patterns and cycles that may be tied to Bitcoin halvings and market trends. Here’s my analysis based on the chart's structure:
Key Observations:
Repeated Patterns:
The chart highlights similar phases of Bitcoin dominance decline across three separate cycles, lasting roughly 231 days.
Each phase seems to correspond to a bearish period for Bitcoin dominance, where altcoins gain relative strength.
Halving Impact:
Vertical lines mark Bitcoin halving dates (green lines), which historically have a significant impact on the crypto market.
Following halvings, BTC dominance often rises as Bitcoin leads the market in initial rallies.
Projection:
The chart projects a decline in dominance after the current rally, extending into mid-to-late 2024.
A potential drop to ~44%-46% dominance is outlined, indicating a possible altcoin season or broader market rotation.
Support and Resistance:
The chart highlights a resistance zone around 62% dominance, which Bitcoin dominance seems to have tested recently.
A bearish breakout is suggested, aligning with a downward trend in the future.
Possible Interpretation:
Short-Term View: Bitcoin dominance might continue upward for a while but could face resistance near 60%-62%. If this area holds, a reversal could lead to dominance declining, benefiting altcoins.
Medium-Term View: If the projection holds, BTC dominance could see a prolonged decline lasting nearly a year, dropping below 50%. This scenario typically coincides with altcoin seasons where altcoins outperform Bitcoin in relative gains.
Risk Factors:Bitcoin dominance does not always drop due to bullish altcoins; it can also decline during a market-wide sell-off where Bitcoin loses less than altcoins. Macroeconomic factors, regulatory changes, and adoption rates could alter the outcome.
Long Term Fibonacci Based History & ForecastLOGARITHMIC FIB PATTERNS
Based upon previous high and low
2011 $31.91 top (blue fibs): 2.786 extension
2013 $1242 top (yellow fibs): 2.272 extension
2017 $19804 top (green fibs): 2.272 extension
2021 $? top (light blue fibs): 2.272 or 2.786 extension at $207.467 or $269.674 respectively
Based upon 2013 $266 high and $65.42 low (magenta fibs)
2013 $1242 top: 2 extension
2017 $19804 top: 4 extension
2021 $? top: 6 extension at $295.620
Based upon 2011 $31.91 high and $1.99 low (yellow fibs)
2013 $1242 top: 2.272 extension
2017 $19804 top: 3.272 extension
2021 $? top: 4.272 extension at $279.809
TIMELINE & CONCLUSION
Current velocity compared to prior 2013-2017 period is higher (bar pattern red) than before (bar pattern faint orange) which at current speed could put in the top around June/July 2021.
We have already reached the intermediate top around $62.000. In April 2013 this was equivalent to the $177 level (seen on yellow fib) and in August 2017 the $4373 level (seen on green fib).
Price targets for this year could be around $207.467 at the low end and $269.674 to $295.620 at the high end.
CELH Buy Setup - 1/27 R:R Opportunity at Strong SupportCelsius Holdings NASDAQ:CELH is presenting an excellent long opportunity. The price is currently at a strong support level, aligning with a bullish trendline that has guided the stock upward in the bigger picture. Recently, a bullish engulfing pattern has formed, signaling a potential reversal, which is occurring in a sweet zone where many traders were shaken out of the market. This has been confirmed by a noticeable increase in volume, further indicating that the buying pressure is returning.
The setup offers a fantastic risk-to-reward ratio of 1:27, with the next key level being the all-time high (ATH), which is not far away. This suggests significant upside potential if the support holds.
$btc Weekly Analysis Historically, price between these green lower level consolidation is a low risk buy for long term hodlers. But as you can clearly see, bitcoin is heading for lower and lower volatility until one day the trend breaks.
If you scroll right you can see the bull band and bear band come to a point.... what will happen then God only knows. If lower band breaks and we retouch the previous resistance at 7k, obviously my statement is void because my trend lines are broke.
Also the whole c0vid-crash is so weird to me, was it a red herring, does the support price achieved (around) 3/18/20 still hold value even though it could be a 'red herring'? I say absolutely it matters and we should incorporate that support price in our charting and calculations.
DISCLAIMER======= ' [ ]
My Log regression is not calculated with anything but the curve tool, please take it with a grain of salt, if i have any algebra friends with knowledge of logarithmic regression please feel free to reach out as your input would be greatly appreciated.
CYCLE 4 | SMA Golden Ratio [UPDATE]For those following along with this indicator, the current price action volatility has accelerated price to some interesting historic points.
As discussed in prior post above, historically BTC has followed a trend of dropping to the lower SMA extension coloured line with each cycle with interesting multiple hits in establishing our 2021 technical cycle top.
We have already tagged the gold line and currently approaching the 'Gray Line' which put in our prior cycles ATH.
Will be interesting to see how BTC (buyers / sellers) handles this price level and the information this may provide on how useful this indicator may be this cycle....
Bubble everything - 2024-NOV-13Taking into account "bubble everything" theory and ~18-years cycle on financial markets + on top of that ~4-years cycle in crypto markets ... we have roughly 6-7 ATH on everything.
Then bubble will start bursting.
Housing markets will need 4-7 years to visit new bottoms.
Stocks & crypto will need ~1 year to catch new bottoms.
What's going to be the trigger to bubble everything burst?
Bottom to Bottom Circles : BTC Market Cycles Predictive Chart
BITCOIN Market Cycles: Predictive Chart
This chart showcases a unique visualization of the BITCOIN market's price evolution, incorporating hand-drawn circles that perfectly align with Bitcoin’s 4-year cycles. These circles act as pivotal zones, clearly indicating optimal moments to buy and sell.
Each circle represents an insurmountable boundary: as the price approaches the edge, it repeatedly collapses, marking key turning points in the market. This visual tool provides powerful insights for navigating the BITCOIN and altcoin space with precision.
Buy Signal BTC 1HMEXC:BTCUSDT
Due to the recent significant growth of Bitcoin and the CPI we have today,
It is a little bit high risk trade, But still worth entering.
Explanation of Buy Signal: The IDN has been grabbed and before hit the high (ATH), got back and hit the MPL & SCOB zone, So in this cases we enter with confident because we know about its Win Rate. ;)
Remember to always exit partially, And
"KEEP CALM & OBEY YOUR PLANS."
I will update Bitcoin and Gold regularly,
Happy trading..
Cheers,
Aurio
#Crypto #Trading #Bitcoin #markets #Finance #Forex #BTC CRYPTOCAP:BTC