Bitcoin Dominance: Cycles and Post-Halving 2024 ForecastAn analysis of BTC Dominance in the context of market cycles and halving events. The chart highlights historical patterns of dominance decline following Bitcoin price peaks, which occurred 17 months after each halving. The outlined scenario suggests a potential return to key support (~41%) before a rebound.
Will history repeat itself? Let’s watch how upcoming market events shape BTC Dominance dynamics heading into 2025.
Cycle
Post-Holiday BTC Rallies: A Historical PerspectiveIdea:
Over the past six years, Bitcoin has exhibited a fascinating pattern: post-Christmas rallies. Let’s dive into the data and analyze what this could mean for the market this time around.
Historical Context:
In 5 out of the last 6 years, Bitcoin has seen significant gains shortly after the holiday season, with price increases ranging from 44% to an astonishing 272%. These rallies have been a consistent part of Bitcoin’s cyclical behavior, making them an exciting opportunity for traders and investors.
Key Observations:
2017/18: BTC rallied over 272%, marking the peak of an explosive bull market.
2019/20: A solid 44% gain during the recovery phase from the bear market bottom.
2020/21: Post-pandemic bull run fueled a 122% surge as BTC climbed to new highs.
2021/22: A rally of 90%, driven by retail and institutional adoption.
2022/23: Another impressive rally of 72% as the market recovered from a bear cycle.
The only exception? 2018, the first phase of a brutal bear market, when market-wide sentiment was overwhelmingly bearish. This highlights a crucial insight: rallies are far less likely during early bear phases.
What About This Year?
📊 Cyclicality is Key: Bitcoin’s price action has always been heavily influenced by cycles. With the market in a recovery phase following the 2022 lows, we could be on the verge of another post-holiday rally.
📈 Factors to Watch:
Macro Sentiment: With inflation stabilizing and global markets recovering, Bitcoin is regaining strength.
Institutional Interest: Continued interest in BTC ETFs and large-scale adoption could fuel upward momentum.
Cyclical Patterns: The historical consistency of these rallies cannot be ignored.
Possible Scenarios:
1️⃣ Bullish Case:
If history repeats itself, we could see Bitcoin post significant gains over the next few months, potentially targeting new highs in 2025 as part of the broader bull cycle.
2️⃣ Bearish Case:
If macroeconomic factors or unforeseen events trigger a pullback, the rally might be subdued, or Bitcoin could enter a consolidation phase.
Why This Matters:
Understanding these cyclical patterns can provide a major edge for traders. The post-holiday season has been a lucrative time for Bitcoin in the past, and recognizing these opportunities could make all the difference.
What are your thoughts? Will Bitcoin repeat history this year? Or are we in for a surprise? Share your ideas below!
BTC - This Christmas is NOT different!Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas.
I hope you enjoy this Christmas-themed idea.🎄
💡Can you spot a pattern here?
As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.📈
I believe this Christmas will be no different.
For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number.
What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️
📚Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
Merry Christmas Everyone 🎄
~Richard Nasr
CRYPTO SUPER CYCLE 2024-2026:BEAR TO BULL ALL WHAT YOU NEED HERE🔄 CRYPTO MARKET CYCLES: MAJOR TRANSITION - FROM BEAR TO BULL 2024-2026
Technical Market Cycle Analysis:
- Current price: $346.31
- Clear transition from bear to bull market
- Three distinct cycles identified: BTC, ETH, ATLS
Market Phase Breakdown:
📉 Bear Market (2022-2024):
- Declining trend complete
- Bottom formation validated
- Accumulation phase ending
📈 Bull Market (2025-2026):
- BTC cycle initiating bull run
- ETH cycle following
- ATLS cycle completing the sequence
Key Observations:
- "Traders confusion" zones marked at critical transitions
- Clear cycle progression: BTC → ETH → ATLS
- Market structure showing higher lows forming
- Volume profile supporting bullish transition
⚠️ Critical Points:
- Major market cycle shift in progress
- Multiple timeframe alignment
- Clear cycle rotation pattern
- Historical pattern repetition
🔔 Market Intelligence:
- Bull market projected until end of 2026
- Three distinct crypto cycles identified
- Clear market phase transitions
- Institutional accumulation evident
#CryptoMarketCycles #BullMarket #TechnicalAnalysis #CryptoTrading #MarketPhases
Want detailed cycle breakdown? 📊FOLLOW ME
CYCLE 4 | LOG Trend Lines Chart - For Fun!Quick post looking at how BTC has historically respected 'log trend lines and how they may affect BTC future price action.
Will be fun to see how this model holds up over cycle 4 and future BTC cycles (view on a computer and use the future price action tools to see what happened past todays post date).
Distribution phase in the next 10 monthsSo we broke 100k. I'm sure we'll see higher in the next 10 months.
What's next? When is the correction?
I see such messages every day. That's why I want to give a full commentary and my vision.
As Waykoff told us, there are accumulation and distribution zones.
On top is the distribution zone If we stick to the theory of cycles, which I often write about
www.tradingview.com
We are entering the zone of local distribution I mentioned and marked with red zones If we are interested in the question how we will form the top and where we will distribute?
I would take into account the fact that we are already in the bitcoin distribution zone in this cycle and it will continue for another 10 months.
So, sideways in the 50k range, I agree, but I don't think it will go below the previous high of 73k.
Three distribution options:
1. ATH and then a gradual slide - the most standard top formation, with a run above 100k to induce euphoria
2. Two rising tops look better with liquidity removal of the first top, etc.
3. The killer of all the shorts, those waiting for the crisis, and so on.
They're going to kill all the non-believers on the moon.
And force everyone who believes in a million dollars for bitcoin to buy it.
Conclusion -
I expect a local distribution above 100k over the next 10 months, the possible top formation I have shown.
I do not expect a sharp drop to 50k - bitcoin has become a different asset class.
Everything can change a lot in 10 months, and based on my cycle theory,
I am waiting for the bull cycle to end. In this range of 10 months, altcoins will once again fall and rise at the very end. They will fall 51 more weeks down after September 2025.
I'm talking about local forecast in 1-2 years, further it will be even more interesting because globally after this cycle, all retail will say goodbye to their bitcoin and will not buy it back cheaper in 95% of cases. and Next we will count how much 1 sashoshi is worth.
in 1 Bitcoin is 120,000 satoshis.
When 1BTC reaches $120k.
1 sat = 1USD
And due to the fact that the printing press is working 1 satoshi will grow in the long run.
I hope for the best in our world. Stay close.
You can find out about other communication opportunities down below the chart.
Best regards EXCAVO
Alt Season is Right Around the CornerBitcoin dominance has been growing in the past few days as it outperforms the rest of the cryptocurrency market after the sharp drop last week. Many things are pointing towards Bitcoin continuing to outperform in the short term as we gear up for the next parabolic bull market.
However, alt season is very close and, once BTC confirms it's breakout towards 100k, a lot of the large caps like Ethereum and Solana will begin to go up very quickly. This is based on my cyclical analysis of alt seasons. To get a better idea of the cyclicality of cryptocurrency, Bitcoin, and alt seasons, check out my previous post which predicts the next parabolic rise in November:
An important thing to note when referring to alt seasons is that they don't last long (only a few months). So understand your timeframe when investing over the coming weeks. Another important idea is how money tends to flow during this period. It historically starts with Bitcoin breaking its all time high and beginning to rise. During this time, altcoins tend to underperform. But once BTC consolidates and begins to go sideways, that's when the rest of the market has time to catch up. In the chart I show 4 key points:
Bitcoin
This is when BTC makes a significant breakout whether that's from a significant resistance level or its ATH. This is where BTC is outperforming 99% of the market.
Ethereum & Large Caps
BTC will begin to slow down and a lot of the major altcoins will see a big increase. This is where you can find great trade setups on the BTC pairs like ETHBTC, SOLBTC, etc.
BTC Consolidates
BTC will start to go sideways, cooling off and preparing for its next rise. From here you might see some pumps in mid-low caps. These tend to be volatile and hard to predict.
Small caps - Quick and fast
As BTC continues to go sideways, some small caps might experience quick pumps in price. Similarly, these tend to be even more volatile and hard to predict.
After this, the pattern repeats back up to Bitcoin until we reach a peak and begin a new bear market.
The cryptocurrency bull market is brewing up and alt season can offer some incredibly profitable opportunities. Plan ahead, and don't overtrade.
New cycle beginsBitcoin is turning bullish on a weekly basis for the first time after a deep red bear market phase. This is a huge signal and usually indicates the beginning of the next cycle.
I have marked the deep red phase in purple and the first weekly signal with an arrow on the chart.
This is the first phase of the cycle, so I would not expect any crazy end-of-cycle moves. But for now, dips should be a gift from heaven. In the past we have seen 30-50% corrections within the cycle. So we need to be prepared for that as BTC approaches and breaks its ath.
We will have to figure out the target during the next year but I think it will be 6 digits.
Natural Patterns & Fractal GeometryIn my previous research publication, I explored the parallels between the randomness and uncertainty of financial markets and Quantum Mechanics, highlighting how markets operate within a probabilistic framework where outcomes emerge from the interplay of countless variables.
At this point, It should be evident that Fractal Geometry complements Chaos Theory.
While CT explains the underlying unpredictability, FG reveals the hidden order within this chaos. This transition bridges the probabilistic nature of reality with their geometric foundations.
❖ WHAT ARE FRACTALS?
Fractals are self-replicating patterns that emerge in complex systems, offering structure and predictability amidst apparent randomness. They repeat across different scales, meaning smaller parts resemble the overall structure. By recognizing these regularities across different scales, whether in nature, technology, or markets, self-similarity provides insights into how systems function and evolve.
Self-Similarity is a fundamental characteristic of fractals, exemplified by structures like the Mandelbrot set, where infinite zooming continuously reveals smaller versions of the same intricate pattern. It's crucial because it reveals the hidden order within complexity, allowing us to understand and anticipate its behavior.
❖ Famous Fractals
List of some of the most iconic fractals, showcasing their unique properties and applications across various areas.
Mandelbrot Set
Generated by iterating a simple mathematical formula in the complex plane. This fractal is one of the most famous, known for its infinitely detailed, self-similar patterns.
The edges of the Mandelbrot set contain infinite complexity.
Zooming into the set reveals smaller versions of the same structure, showing exact self-similarity at different scales.
Models chaos and complexity in natural systems.
Used to describe turbulence, market behavior, and signal processing.
Julia Set
Closely related to the Mandelbrot set, the Julia set is another fractal generated using complex numbers and iterations. Its shape depends on the starting parameters.
It exhibits a diverse range of intricate, symmetrical patterns depending on the formula used.
Shares the same iterative principles as the Mandelbrot set but with more artistic variability.
Explored in graphics, simulations, and as an artistic representation of mathematical complexity.
Koch Snowflake
Constructed by repeatedly dividing the sides of an equilateral triangle into thirds and replacing the middle segment with another equilateral triangle pointing outward.
A classic example of exact self-similarity and infinite perimeter within a finite area.
Visualizes how fractals can create complex boundaries from simple recursive rules.
Models natural phenomena like snowflake growth and frost patterns.
Sierpinski Triangle
Created by recursively subdividing an equilateral triangle into smaller triangles and removing the central one at each iteration.
Shows perfect self-similarity; each iteration contains smaller versions of the overall triangle.
Highlights the balance between simplicity and complexity in fractal geometry.
Found in antenna design, artistic patterns, and simulations of resource distribution.
Sierpinski Carpet
A two-dimensional fractal formed by repeatedly subdividing a square into smaller squares and removing the central one in each iteration.
A visual example of how infinite complexity can arise from a simple recursive rule.
Used in image compression, spatial modeling, and graphics.
Barnsley Fern
A fractal resembling a fern leaf, created using an iterated function system (IFS) based on affine transformations.
Its patterns closely resemble real fern leaves, making it a prime example of fractals in nature.
Shows how simple rules can replicate complex biological structures.
Studied in biology and used in graphics for realistic plant modeling.
Dragon Curve
A fractal curve created by recursively replacing line segments with a specific geometric pattern.
Exhibits self-similarity and has a branching, winding appearance.
Visually similar to the natural branching of rivers or lightning paths.
Used in graphics, artistic designs, and modeling branching systems.
Fractal Tree
Represents tree-like branching structures generated through recursive algorithms or L-systems.
Mimics the structure of natural trees, with each branch splitting into smaller branches that resemble the whole.
Demonstrates the efficiency of fractal geometry in resource distribution, like water or nutrients in trees.
Found in nature, architecture, and computer graphics.
❖ FRACTALS IN NATURE
Before delving into their most relevant use cases, it's crucial to understand how fractals function in nature. Fractals are are the blueprint for how nature organizes itself efficiently and adaptively. By repeating similar patterns at different scales, fractals enable natural systems to optimize resource distribution, maintain balance, and adapt to external forces.
Tree Branching:
Trees grow in a hierarchical branching structure, where the trunk splits into large branches, then into smaller ones, and so on. Each smaller branch resembles the larger structure. The angles and lengths follow fractal scaling laws, optimizing the tree's ability to capture sunlight and distribute nutrients efficiently.
Rivers and Tributaries:
River systems follow a branching fractal pattern, where smaller streams (tributaries) feed into larger rivers. This structure optimizes water flow and drainage, adhering to fractal principles where the system's smaller parts mirror the larger layout.
Lightning Strikes:
The branching paths of a lightning bolt are determined by the path of least resistance in the surrounding air. These paths are fractal because each smaller branch mirrors the larger discharge pattern, creating self-similar jagged structures which ensures efficient distribution of resources (electrical energy) across space.
Snowflakes:
Snowflakes grow by adding water molecules to their crystal structure in a symmetrical, self-similar pattern. The fractal nature arises because the growth process repeats itself at different scales, producing intricate designs that look similar at all levels of magnification.
Blood Vessels and Lungs:
The vascular system and lungs are highly fractal, with large arteries branching into smaller capillaries and bronchi splitting into alveoli. This maximizes surface area for nutrient delivery and oxygen exchange while maintaining efficient flow.
❖ FRACTALS IN MARKETS
Fractal Geometry provides a unique way to understand the seemingly chaotic behavior of financial markets. While price movements may appear random, beneath this surface lies a structured order defined by self-similar patterns that repeat across different timeframes.
Fractals reveal how smaller trends often replicate the behavior of larger ones, reflecting the nonlinear dynamics of market behavior. These recurring structures allow to uncover the hidden proportions that influence market movements.
Mandelbrot’s work underscores the non-linear nature of financial markets, where patterns repeat across scales, and price respects proportionality over time.
Fractals in Market Behavior: Mandelbrot argued that markets are not random but exhibit fractal structures—self-similar patterns that repeat across scales.
Power Laws and Scaling: He demonstrated that market movements follow power laws, meaning extreme events (large price movements) occur more frequently than predicted by standard Gaussian models.
Turbulence in Price Action: Mandelbrot highlighted how market fluctuations are inherently turbulent and governed by fractal geometry, which explains the clustering of volatility.
🔹 @fract's Version of Fractal Analysis
I've always used non-generic Fibonacci ratios on a logarithmic scale to align with actual fractal-based time scaling. By measuring the critical points of a significant cycle from history, Fibonacci ratios uncover the probabilistic fabric of price levels and project potential targets.
The integration of distance-based percentage metrics ensures that these levels remain proportional across exponential growth cycles.
Unlike standard ratios, the modified Fibonacci Channel extends into repeating patterns, ensuring it captures the full scope of market dynamics across time and price.
For example, the ratios i prefer follow a repetitive progression:
0, 0.236, 0.382, 0.618, 0.786, 1, (starts repeating) 1.236 , 1.382, 1.618, 1.786, 2, 2.236, and so on.
This progression aligns with fractal time-based scaling, allowing the Fibonacci Channel to measure market cycles with exceptional precision. The repetitive nature of these ratios reflects the self-similar and proportional characteristics of fractal structures, which are inherently present in financial markets.
Key reasons for the tool’s surprising accuracy include:
Time-Based Scaling: By incorporating repeating ratios, the Fibonacci Channel adapts to the temporal dynamics of market trends, mapping critical price levels that align with the natural flow of time and price.
Fractal Precision: The repetitive sequence mirrors the proportionality found in fractal systems, enabling to decode the recurring structure of market movements.
Enhanced Predictability: These ratios identify probabilistic price levels and turning points with a level of detail that generic retracement tools cannot achieve.
By aligning Fibonacci ratios with both trend angles and fractal time-based scaling, the Fibonacci Channel becomes a powerful predictive tool. It uncovers not just price levels but also the temporal rhythm of market movements, offering a method to navigate the interplay between chaos and hidden order. This unique blend of fractal geometry and repetitive scaling underscores the tool’s utility in accurately predicting market behavior.
$BTC1! Fib Simulation of Fractal (UPD)Perceiving the price action as a function of trading time justifies the quantitative approach in drawing geometric relationship between phases of cycles. Hence, it's safe for me to assume that market is a time fractal which has its own path regardless the collective opinions of the market participants. Logistic curve that reflects well the speed of information spreading made me ignore the voices of masses. The principle aligns with EMH - that the condition of the market is already reflected in the current price.
Impulsive and corrective waves are governed by golden rule in one way or the other. That's why I used fibonacci channels to build predictive models which reflect the interconnectedness of composite fractals to the whole cycle. By measuring the extreme levels of historic wave, the derived fibonacci channels exposed the timing, size and probability levels of the next ones.
In regular TA, people are wrongfully focused on covering their immediate expectations from the market, analyzing a narrow data range of the chart. Whereas, Fractal Analysis graphically shows how current price is interconnected with the entire history of fluctuations in a single probabilistic map.
In this update I fused earlier discovered structures and boundaries to the chart
Added more series of fib ratios derived from white triangle (src 0;1)
Linear boundaries of macro-fractal:
Implementation of fibs with big time Intervals:
As violet Fibs:
Other observations:
We're in a big triangle derived by linear extension 2021 tops and Full cycle (COVID - 2022 LOWS)
Source:
Implementation:
(On interactive chart it darkens till intersection)
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.
QUALCOMM (QCOM): Diversified Growth Amid DowntrendQualcomm ( NASDAQ:QCOM ) presents an intriguing setup as we believe the wave I and a larger cycle might have concluded. Following its peak, NASDAQ:QCOM has dropped nearly 30%, retracing back to the range high. To finalize wave (A), we expect an additional leg down to complete the intra 5-wave structure. The likely target lies between $143 and $133, a range that aligns well with the Point of Control (POC) from March 2020 to now. This adds confluence to its significance as a potential support zone.
Despite the technical setup, we caution that the risk for a long position remains high. A more favorable entry could arise once NASDAQ:QCOM reclaims the range, validating the start of a potential bullish wave.
For the current quarter, Qualcomm projects revenues between $10.5 billion and $11.3 billion, with automotive sales anticipated to rise 50% year over year. CEO Cristiano Amon’s strategy to diversify Qualcomm beyond smartphones into chips for PCs, cars, and industrial machines underscores the company’s adaptability.
The next financial results release is scheduled for January 29, 2025, offering further insights into Qualcomm’s trajectory.
The $143-$133 range is a key zone for potential support, bolstered by its alignment with the POC. A decisive break below this zone could invalidate the bullish outlook, while a breakout above the range high may provide an opportunity to long this stock with lower risk. The completion of wave (A) would ideally coincide with a structural turnaround.
We are closely monitoring NASDAQ:QCOM for any signs of a reversal. Should the stock confirm a reclaim of the range, we may consider initiating a long position with a more precise stop-loss strategy. Until then, patience and vigilance are essential.
DYM - A Whole Different Dimension...Dear TradingView community and fellow traders,
I am Richard, also known as theSignalyst.
I find the DYM daily chart to be intriguing as it appears to be following the famous Wyckoff Cycle.
I would like to apply Richard Wyckoff's four market stages/phases to this chart for analysis as a practical example.
1️⃣ MarkDown
After being listed, DYM was bearish making lower highs and lower lows.
2️⃣ Accumulation
DYM is currently trading within a big range between $1 and $2.4 in the shape of symmetrical triangle.
3️⃣ MarkUp
For the MarkUp phase to start, a break above the upper bound of the range at $2.4 is needed.
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard
Bitcoin cycles + logistic curve = New bull run 2023-2025 I want to take a closer look at Bitcoin's price weekly logarithmic chart.
Firstly, the chart examines growth and fall cycles, sometimes referred to as economic cycles or trade cycles. As you can see in my analysis, the growth cycle usually lasts approximately 150 weeks and is always longer than the fall cycle that spans out over the course of approximately 51-60 weeks.
150 bars on Bitcoin's weekly price chart, mark the beginning of the next pulse of the growth cycle that we are currently in. Everything in our life is based on cyclical patterns, especially when it comes to financial markets.
If we analyze the rise and fall, we can conclude that the fall occurs faster than the growth of about three times.
About logistic curve
The logistic curve describes the speed of information dissemination among people. This graph describes the distribution of information in an environment.
At first, an instrument is of little interest to anyone, investors are afraid of buying it, and its price fluctuates around r °. At this time, the initiated ("elite"), solely owning important information, begin to buy it, and the price slightly grows. Then the information is shared with a small circle of insiders, individual purchases grow into active buying, and the price of the instrument abruptly takes off. The general public is perplexed and can not understand what is the reason. In the third stage, news comes out and investors fearing not having time to "jump into the last car" buy up this tool that the "elite" and "proxies" are happy to sell to them at the maximum price (with joy, because at that time the "elite" there is already new information that the "elite" has taken into account, a new logistic curve in another instrument begins, or in the same, but with another sign, sales begin). The third stage is completed, when the whole society is aware of what happened, discuss everywhere, in the metro, all who could have already made There is no one to sell.
The only thing that changes is the slope of the logistic curve - the information dissemination rate
As a rule, 90% of bulls in high. And then the market unfolds and vice versa
If you are constantly being told the same thing, then everybody knows it already. It is necessary to look not at the news
If everyone around you screams the same thing, then you are in the upper zone
The task of stepping back from the noise (this time it's useless overpriced NFT pictures)
"WE WILL BE GOLD BEFORE THE PORN, WHILE GOLDEN IDEOLOGISTS WILL EXIST" Rothschild's
"The same situation with cryptocurrencies, but this is only the beginning" Mr.EXCAVO
Best regards EXCAVO
Election Year Cycle & Stock Market Returns - VisualisedIn this chart, we're analysing the open value of the week the US election took place and comparing it to the open of the following election, showing the gain (or loss) in value between each election cycle.
Historically we can see prices in the Dow Jones Industrials Index tend to appreciate the week the election is held. Only twice has the return between the cycles produced a negative return.
Buying stocks on election day, 8 out of 10 times has yielded a profitable return between the election cycles. 80% of the time in the past 40 years returning a profit, has so far been a good strategy to take.
The typical cycle starts with the election results, an immediate positive movement and continued growth before finishing positive.
The Outliers
2000-2004 was the only year which ended negative without prices going higher than the election day.
2004-2008 increased 41.84% before ending negative.
2008-2012 began the cycle falling 30.62% before finishing positive.
The names of presidents who won their respective elections is to visualise who had the presidential term during that specific cycle.
Bitcoin Buy Signal (1H)MEXC:BTCUSDT
As we knew before that when IDMs got grabbed,
after getting a SCOB on our structure time frame,
or wait for a ChoCh on the lower time frame (which now the LTF is 5 mins chart),
we can get into the position (which here is a Buy Position).
And now we had a ChoCh on the 5 mins time frame on Bitcoin which allows us to open a Buy Position.
P.S: Money & Risk Management is Crucial, Because nothing's certain in the market. :)
I will update Bitcoin regularly,
Follow me on TradingView for more.
Happy trading..
Cheers,
Aurio
Nat Gas: Heating Up into the WinterBrief Overview on Natural Gas
Natural Gas is a commodity generally traded on the premise of weather forecasts indicating cooler or warmer seasons. This allows traders to speculate on demand for the product as it generally trades higher with cooler temperatures. Today we are looking at the weekly chart.
Thesis: Technical Analysis Pointing to a Bounce
This analysis is mainly focused on the lasting demand zone that Natural Gas time and time again respects and typically bounces from. The weekly chart points to the likelihood that the R/R is favorable for a long position at these levels in the 2.20's. Not only do we see NG tap back into this heavy demand zone, but we also can see a Cup & Handle on the weekly chart signaling potential greater upside.
Demand Zone offers strong R/R as it dips back in to these levels.
Cup & Handle can represent even further upside, but will rely on the initial rebound to prompt the possibility of it playing out.
There is also a trendline (not pictured) that is supporting the current bounce we are seeing today from the 2.18/2.19 level. It is important to note that the commodity has been seeing higher lows since the Spring.
Lastly, a tap of fundamentals play into this idea as well. Though winter demand is always priced in, this year forecasts have repeatedly painted the picture that this winter will be historically mild. Due to these forecasts implying less seasonal demand for Nat Gas, a shift in the shorter-term and more accurate models as we approach the winter season will sharply move the price of Nat Gas and represents that the current price is truly pricing in a very mild winter. This basis supports the idea of great R/R on this LONG trade idea.
Disclosure
I am currently in a long position in Natural Gas after entering on the Friday (10/18) Close
My position includes: AMEX:UNG Credit Spread 13/12P , AMEX:BOIL common shares
If this thesis holds up, I would plan to roll my credit spread contracts into further expirys
Thanks for reading!
Not Financial Advice
XAU/BTC - Gold and Bitcoin outlook for next 6 months ?GOLD & BITCOIN OUTLOOK
for the ppl saying that TVC:GOLD is outperforming CRYPTOCAP:BTC
Well... not really as you can see at a relatively big timeframe on this XAU/BTC chart
what is happening now ? well XAU had a rebound mid March, making a +66% pullback, it seems a lot but as you can see during august 2020 it felt 85% !
1. made it to the previous resistance quite hardly, first sign about the bearish approach that could arrive
2. we are now around , in fact around a very hot zone, 0.4 , if we go above, more chance to see bullish moves in this chart, meaning that Gold could go more up and/or Btc could go more down, its a weekly timeframe so, im talking about a 6 months move
BUT, I think XAU/BTC will not be able to pass that resistance and will in fact go big red candles till spring
3. if you look at what happened 4 years ago just copy paste it now, you should have a view of the next 5-6 months for both assets
Not saying that gold is gonna plummet and XAU/BTC will go -85% this time but it should bring it a bit down, as in august 2020 it was also going parabolic and went -20% in 6 months
so yes im expecting gold to go -20% during the 6 next months and of course BTC to go UPPPPPP
so if they're one thing to retain here, its that Gold seems now inversely linked to the 4 years BTC cycle ! And this is quite interesting because it means that BTC has a lot more power and influence than people think
Cheers & thx for reading
Alikze »» ADA | Upward wave 3 scenario - 12H🔍 Technical analysis: Upward wave 3 scenario - 12H
- In the analysis presented earlier in the weekly time frame, after the correction in the green box, it is currently in the range of the green box, which can continue its upward trend if it stabilizes above the green box.
- In the 12-hour time frame, it is moving in an ascending channel, so far it has reacted positively to the dynamic trigger of the bottom of the channel several times.
- Currently, a motivational wave has been created in the area of the bottom of the channel, which can continue its advance until the middle of the channel and the supply area.
💎 According to the previous zigzag movements, the recent correction in the bottom of the channel has been a response to the AB=CD movement cycle.
⚠️In addition, if the Invalidation LVL area is touched, the ascending scenario is invalidated and must be updated again.⚠️
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Alikze.
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BINANCE:ADAUSDT
Platinum: Little Consolidation (Wave 4); Golden RatioWe can see a very well defined cycle, and wave 1 to 3 already created.
This new cycle could be a consolidation, the price can drop to 14,6% or 23,6% level.
Or even in the middle between 38,2% and 23,6%, where other wicks has already touched, creating a support, where can also occur the last candle of Wave 4.
Open interest in NYMEX:PL1! is falling and the major trend rising, it can occur a reverse, and this reverse will be the Wave 4.
RSI left the Overbought level, followed by a failure swing, resulting in continued decline of the indicator.
After the peak $1,016.45, ADX is losing strength while DMI+ has a high probability of changing position with DMI-.
Rule of 160: History Predicts Start Of Bull-Run This Week!In this analysis I want to take a closer look at previous bull-cycles and Bitcoin's behaviour in the months following the halving.
The vertical yellow line is the date of the halving. The purple rectangle is the price action of the 160 days following the halving.
We can very clearly see a few interesting similarities between the last three cycles:
- The price pumps prior to the halving.
- The price trades sideways for 160 days after the halving.
- The "real" bull-run starts after the sideways price action has ended.
If we follow the Rule of 160, the start of the next big bull-run would be somewhere around 27 september, which is this week!
I'm aware that market conditions are different now than they were back then. Still, BTC is a very cyclical asset and has historically followed calendar based trends.
There's data to suggest that we have to come down (check my previous posts), but there's also data like this that suggests that the price will increase.
Time will tell. Interested to hear your opinions!