PENDLE BREAK TO UP $5 HIGH POSSIBLITYPENDLE showing on cycle trend important data for the high possibility to increase to up $5 in the coming time frames.
we will follow this to see if it can get confirmed.
The last data of this coin shows a high interest in the break trend.
Next time frames could be very important for the trend.
Cycle
$USOIL pushing higher in a weekly cycleTVC:USOIL Cycle overview
Daily - we are currently entering timing window to print Daily Cycle 2 coming out of ICL in December. I'm expecting a push higher to break above the declining trendline as we push higher to ICH
Weekly - On week 15 looking to push higher to HCH expected around week 18-20
Monthly - In a new yearly cycle, expecting HCH around June-July 2024
CORE SEEMS TO ENTER A NEW BUILDING TREND (CYCLE)Based on our study, CORE appears to be experiencing a significant upward trend, suggesting potential for further growth.
CORE is showing interesting indicates data trends both technically and in terms of data analysis.
we will follow its progress to see if it reaches the $1.11 mark soon.
we will continue to monitor CORE for any new updates. The current cycle for this coin cycle began at $0.58 and it's already gaining traction.
note that this update is not trading advice.
🔥 Bitcoin In The Biggest Bull-Run Since 2016? Let's Discuss!Bitcoin has been performing exceptionally well over the last months. This cycle is the first cycle where Bitcoin has made a new all-time high (ATH) before the halving, instead of after. The most likely cause for this are the massive ETF inflows which boosted the price to new highs.
Historically, Bitcoin has always peaked in Q4 of the next year after the halving. In this case, it would mean that BTC will peak in Q4 of 2025. Seeing that we're already at 70k in Q1 of 2024, this could lead to some issues.
There's a few possible outcomes and explanations that I want to share.
1: This cycle will be similar to 2016 and we will continue to go up in a relatively stable straight line until Q4 of 2025. Bitcoin could reach >300k because of the continued buying power from ETF's.
2: This cycle is outperforming the past cycles, which is not possible due to diminishing returns theory (bull and bear markets will be less extreme). Considering that we "should" top in Q4 of 2025, we will see a long period of sideways/bearish price action in order to get the white line under the blue and purple lines. Top will be in Q4 of 2025, but a lot lower. Think 150k.
3: Diminishing returns theory will hold, but we will top much earlier than Q4 2025. In another analysis that I recently made I discussed the fact that BTC on average tops 40 weeks after a new all-time high has been made. This would lead to a cycle top in Q4 of 2024. With Diminishing returns still in play I'd guess we can top somewhere between 100k-150k.
It's going to be interesting to see which historically accurate theories will be broken this cycle, seeing that this is the first time that BTC made a new ATH before the halving. Best case scenario would be a long cycle with a price as high as possible.
What is your view on a new ATH before the halving? Which scenario do you deem most likely? Share your thoughts.
Bitcoin CyclesEach Bitcoin boom has ended in about 85% draw down in 2014 and in 2017. Right now the drawdown is at 75% for the 2021 cycle. If we see a similar drawdown of 85% it will be at around ~10000. My guess is that will not happen and that our current 75% draw down is what we will get this cycle but if we get a drawdown to the low teens I'll be backing up the money truck.
Each Bitcoin ATH to cycle low has been 89 weeks and 52 weeks respectively. If this is the current cycle's low then that puts it at 61 weeks as marked on the chart, which is between 89 and 52. If the boom and bust cycles continue due to the halvings I'm betting this is the bottom.
Each Bitcoin previous ATH to breaking that ATH is marked on the chart. They are 168 weeks and 154 weeks respectively. If we take the average of that we can expect this cycle to take 161 weeks to work out. This puts it around May of 2024 right around the current predicted halving date.
RSI is slated for a breakout around the end of the year - we could see a mini cycle like we did in the summer of 2019 after this break.
My current prediction is that this is the time to be aggressively dollar cost averaging. I will be buying each week until my powder is dry and if we complete an 85% drawdown I will be going all in.
GOLD, big things are taking placeWelcome everyone,
GOLD made a lot of weird moves in the past weeks and is still not showing a clear direction at all. Beside the strong bullish trend, there was a massive sell of from the ATH and we are close to an important decision. As you can see in orange the price tested the upper boundary of the consolidation range for the 4th time and got rejected, but it's back for another attempt.
To make clear why this is important:
The consolidation took years and the price range is massive, a break above 2080 would open a lot of new higher targets and a significant bull run should start from there.
On the other hand a rejection and sell of below 1980 should send the price lower in a 2nd wave according to the elliot wave theory, which price targets would be 1920,1900 and even 18xx levels.
I will keep this idea updated, so if you like to follow, welcome here :)
BITCOIN, is the ETF approval a sell on the news event?Welcome back,
some times it's nice to just browse through the charts and find interesting patterns. There is no guaranty that chart history repeats it self, but, there is a chance to. In this chart I'm observing a pullback to 20k-30k area for the bitcoin in case the ETF approval which everyone is waiting for within the start of 2024 will be a sell on the news event.
First of all, I am absolutely bullish on BTC within the next years. But at this stage of trend I don't want to get in a long position anymore. There had been many chances earlier this year and the risk of profit taking is too high now. Also the fundamentals are already anticipated from the market for weeks now.
What can you see on the chart? Most important are the orange lines, marking the bottoms of a cycle. With purple lines I marked the most significant price actions, just every 12,5% for the actual cycle and 25% for the past cycle. The price reacted similar in both cycles and IF history wants to repeat itself, we could see a very long correctional movement starting from around 48-50k back down to 20-30k.
Obviously you can't make good trades on the weekly chart, so this is just for observation and it's important to find structures on lower time frames to confirm the move.
Let me know what you think about Bitcoin. All opinions are respected here :)
The monthly on btcusd.We haven't seen a monthly candle with a positive closing of more than 40% since 2020. There is little to say here, except that it will be difficult to understand when a correction will arrive, something that many are waiting for, it is not known whether buyers will give the possibility of seeing lower levels, the highlighted area is the one at 58k usd , where there is a price structure drawn in the previous bull run in early 2021.
BTC This cycle might actually be different.Bitcoin this cycle looks completely different than any previous one. We have never in the past gone up so high before the halving. There is no saying what BTC will do if we brake ATH pre-halving. Also the price mostly is driven by retail and ETF's no institutional buys yet. Google searches for "BTC" "Bitcoin" "Crypto" is still almost at all time lows.
When we try to chart, from now on DO NOT LOOK AT THE PAST CYCLES. It will mislead you.
Also indicators will try to screw us soon, so focusing on using more advanced tools than basic RSI will be needed. One advice - Learn to you Bookmap to understand what and how to follow BTC on there.
STG( STARGATE ) CAN ENTER NEW ALL TIME HIGH $5 SOON!Thanks for reading this update.
We expect that there is a high chance that STG will enter $5, since the confirmation for the cycle trend.
STG can show unexpected targets.
We will follow this coin for new ATH
We have made this study exactly on the way of WLD.
We did check the previous coins that made the same increase effect, the same data we used on STG for the high possibility. > There is a building trend making on STG.
For the cycle trend, we don't check the low time frame, since the real trend is the main trend. The cycle activation is done on STG and will follow the trend of it.
For day updates and low time frames check this update:
BTC is dumping fast.Bitcoin, like any other asset, can experience price fluctuations driven by various factors, including market sentiment, news events, regulatory changes, and technological developments. Some individuals may seek to exploit these fluctuations for profit through strategies such as quick dumps (selling off large amounts of Bitcoin rapidly) and buying when prices are perceived to be low.
Here are some motivations and opportunities associated with such strategies:
Volatility: Bitcoin is known for its price volatility, which can create opportunities for traders to profit from short-term price movements. Quick dumps and buying cheap can be strategies employed to take advantage of these fluctuations.
Arbitrage: Differences in Bitcoin prices across different exchanges or markets can create arbitrage opportunities. Traders may exploit these price differentials by buying Bitcoin where it's cheaper and selling where it's more expensive, profiting from the price spread.
Market Timing: Traders may attempt to time the market by selling Bitcoin during periods of high prices (quick dumps) and buying when prices are low. This strategy involves predicting price movements based on technical analysis, market trends, or fundamental factors.
Scalping: Scalping is a trading strategy where traders aim to profit from small price changes by executing a large number of trades within a short time frame. Traders employing this strategy may engage in quick dumps and buying cheap to capture small profits repeatedly.
Risk Management: Some investors may use quick dumps to manage risk by selling a portion of their Bitcoin holdings when they perceive the market to be overvalued or when they anticipate a price decline. They may then buy back at lower prices to increase their Bitcoin holdings.
It's important to note that while these strategies offer potential profit opportunities, they also come with significant risks. The cryptocurrency market is highly volatile and unpredictable, and trading strategies based on short-term price movements can result in substantial losses if not executed carefully. Additionally, regulatory changes, technological vulnerabilities, and market manipulation are factors that can impact the success of such trading strategies. Therefore, individuals considering engaging in these activities should conduct thorough research, use proper risk management techniques, and consider consulting with financial professionals.
This cycle pattern on AUD/JPY hints at risk onAUD/JPY is holding above its 100-day EMA, and so far it looks like the spike lower last Thursday will be left unchallenged.
This is more of an interesting observation than anything else, but... since July AUD/JPY has printed a prominent spike / higher low every 40 - 47 days. If that pattern is to hold, is suggests the next trough could land at the end of May / beginning of April.
Given it is a proxy for risk, does this support a Wall Street rally which currently sits just off if its record highs? Growth outlook remains positive, inflation is falling and the BOJ are unlikely to shift away from an ultra-dovish policy.
As long as any currency gains against the yen are not too aggressive, perhaps AUD/JPY is looking at another crack at 98. Although a feature of this 40-47 day cycle is for gains to be erratic and choppy before producing a sudden selloff into its spike low.
BTC ON THE WAY TO 48K WITH THIS CYCLE TRENDThanks for reading this update.
BTC seems to enter an important volume where we expect that BTC have a high chance of breaking the 48K soon.
Remember. There is not way that is going directly to trend, BTC will play all possible trends to go to the goal. The trend is your friend.
44K is a key level and same time a break level for new volume which will make the trend bullish.
Our data shows us that the possibility that BTC will break is high.
BTC has been since OCT 2023 in a cycle trend that still is active.
We did expect before the breakdown of BTC with the same data to below 40K
And with the same data we did expect before the increase below 40K to 43K
The new update shows an expected 44K which still is running.
BTC plays in zones, the best way is the turtle way with following the right trend
This is not trading advice and guarantee for the trend.
Are we here or there?CRYPTOCAP:BTC is looking very strong on the weekly however we are early in the cycle.
Some simple ideas here.
0.618 retrace level is broken pre halving which is a surprise that would have caused many to be sidelined. I think it is unlikely the market will let them back in anytime soon especially given the strong ETF inflows.
Ongoing the trend will be Up when trad-fi markets are open, sideways when they are closed until the inflows decrease.
Spot is driving the markets so open interest and funding rates become less important. Any pullbacks will be mostly on weekends and short-lived to wash out overleveraged longs and provide liquidity on the buy side for the big funds.
Very bullish until I see a strong signal to oppose this. Things to keep an eye on is an influx of retail froth, a rotation to alts, Strong macro/tradfi headwinds and the usual suite of on-chain tools i'e whales selling, LTH taking profit at high levels.
This cycle as we have only seen retraces of %20ish o far it hasn't really be worth trying to time pullbacks in my eyes unlike previous cycles where they were often %40-%50. This gives further credence to the bullish narrative.
Hold on, enjoy the ride, set targets and take profits when you start feeling emotional.
GLQ BREAK POSSIBLITY $0,08Thank you for reading this update.
We will follow this coin to see if it's able to get some confirmations in a short time frame.
If the coin goes with the trend as we expect then we will follow the coin with updates.
This all depends on data, and the trend should be confirmed before we are going to follow.
This small trend positions data did confirm us that there is possiblitys
The Abnormality Within Bitcoins Current CycleHello, My Friends, I hope everybody of you is doing well in today's market-environment and welcome to this analysis about bitcoins current cycle movement. There are some important signs and worthwhile indications I made which also play a big role within the current corona crisis and therefore the logical consequences the crisis is playing for the cryptocurrency-space. First of all it has to be mentioned that most countries in this world currently note a decline in their economic growth because of the hard corona-measures, therefore, we can see a recession declining price-action in the stock-markets and the normal economic-markets like car-industry or luxury-industry but this fact does not necessarily mean the cryptocurrency is in a bear market or a bull market, I already pointed out in recent analysis that we are still consolidating in the middle-term and that the next weeks and months will show us where the journey is bringing us. People who say that this or that scenario happen 1000% for sure can't be right, we have to look on the possibilities taking place in the markets and elevate ourselves above mere speculation, therefore, it is important to watch the chart as detached as possible and don't set a final-result as the only possible solution defined, volatile markets can show massive turns in the indicators used from day to another. I recommend that you read the whole analysis to have a full-depth perspective of the current situation.
In the crisis right now there are anticyclical investments like gold, pharmaceutics, food, and armor-industry! These fields are not influenced by the hard corona-measures, therefore, it is possible and not to be dismissed by hand that bitcoin plays into the anticyclical investments we have in this economic decline. I don't want to say right now that it is 100% the fact but what we can say is that bitcoin is not affected like the stock market and is not cyclical with the stock-market we saw this in recent bitcoin-bear-markets where bitcoin declined and the stock market increased. What is the importance now also when looking at my chart-picture is that we have a 4-years cycle in bitcoin similar to a normal economic cycle. Bitcoins cycle consists of three phases once it is the expansion, the second is growth and the third is a contraction, the normal economic cycle in the real economic consists of 4 phases. Because bitcoin is not like the normal economy we have a different cycle-movement similar to gold. The abnormality within the current cycle is defined by the hard corona-breakdown seen in the last weeks before we had this slow slow stabilization, it also affected other markets as stocks as well. The volatility was seen in this breakdown to the downside was not normal and we have never seen such a fast and heavy decline in bitcoin, also the situation right now that people do not leave their houses and have to stay inside, etc has been never seen since before, it is a completely new environment with other difficult problems we never saw in the crisis before.
Bitcoin 4-Year Economic Cycle
When we watch the chart closely now we see that bitcoin completed a full cycle in 4.04 years (can be rounded up to four years) that are 1477 days, in this phase bitcoin reached a new All-Time-High and peaked you can see the cycles marked in my chart, also the cycle is building a coherent structure with the underlying sine-curve. The problem in the current cycle is that we should do a new peak within the next cycle-ending time this will be in 2021. Also, we have a definite end where the bear-market is confirmed and a heavy contraction-phase to the downside sets in this is when we cross the lower black-support-line which you can see in my cyclical-picture. We need to see things now as they are and do not get too attached to wild irrational ideas that leading nowhere, therefore it is necessary to see bitcoin detached from the stock-market as an independent financial-instrument. When we establish to hold above the black-line we can see a possible second growth-phase within the 4-year cycle, in this case, we have to stabilize a minimum above 9000 and look at other mid-to-long-term indicators indicating the price-action of next weeks and months. Also my friends, we have seen the heavy decline because of the corona-fears coming in and affecting all markets but these first fears are over what comes now is the recession in many countries which are the consequences of the corona. This causes stocks to decline further because the economy is decreasing but that does not necessarily affect cryptocurrency, it can also be used as a hedge like pharmaceutics or armory which are seen as hedges in the classical stock-market of today's crisis.
So my friends thank you for watching my analysis, I hope everybody of you could get some important insight and where the journey will bring us the next time, feel free to support, thanks for everybody who is supporting, my friends. As I always say it is the motivation to transform opportunities into gold remains the most significant tool for a trader. this is why we should take the market seriously and make the best of every situation. ;)
FAREWELL
Information provided is only educational and should not be used to take action in the markets.
NEARUSDT OPEN NEW CYCLE PEROID DEPENDING ON THIS STUDY $12Thanks for reading this update.
NEARUSDT seems to open a new cycle trend, this cycle trend can give NEARUSDT an unexpected break. we see that some positions are confirmed for the trend.
We did expect before in the same way the Cylc increase of BTC.
know that Cycles entering with building positions, and we did scan some of them.
Let's see how this will affect the price action soon.
For the day trading time frames, we checking NEARUSDT for 18%+ trend
Soon more updates.
This will stay a prediction depending on our data, and not trading advice.
This is our view, which means not that you should follow it. trade only depending on your plan.
here will be soon updates, the same as BTC did get updates to 48K.
🔥 Bitcoin Outperforming Previous Cycles: Best Case Scenario?As Bitcoin seems to be unstoppable, it's time to take a fresh look at the current bull-run (read: the period after the low) and compare it to previous bull-runs.
Against my expectations, Bitcoin is outperforming both the 2018 and 2015 bull-runs. Most notable is the 2015 bull-run because it took us from ~150$ to ~20.000$. Keep in mind that the 2018 bull-run also outperformed the 2015 run at some point, but then quickly went under it and stayed under for the remainder of the cycle.
If the current bull-run stays above the 2015 line, we might actually see a top of >350k. Not the most likely scenario, but a man can dream.
For now, things are looking great. Bitcoin will likely break through the 50k resistance in the coming week, which opens the path to the ATH of 69k.
BTC 2019 OverlayShows the current part of the cycle we're in right now by overlaying the same part of the cycle in 2019 in order to predict what BTC does next in 2024.
Hovering over the 2021 bull run on the left will highlight whats happen to the present and you'll notice the semi transparent chart of the BTC 2019 on the right.
The 2019 overlay includes the BTC bottom of that cycle to just before the covid crash.
You can see both BTC bottoms don't line up exactly but the shape that follows do very much so.
In addtion, you can see on Jan 9th 2024 that BTC topping tail and next to it is the 2019 topping tail. These topping tails are the exact same percantage as their respective bullrun highs. 2021 70k top/49k topping tail vs 2017 20k top/14k topping tail. Both are 70% from the high of their cycle's bull run.
Start of a new golden cycleSince ancient times we have seen the golden as the most satisfying geometric ratio, it can be used to analyze the proportions of natural objects but also artificial systems such as Bitcoin. I believe in the golden to be the most influential level in markets.
Last cycle, i published the fractal Bitcoin followed during the first 2 pre-halving cycle’s and except for the Covid black-swan it respected the phases a third time like a charm.
Now our bottom (15465) is in, the 2023-2027 cycle can take-off. We accumulated and switched momentum now bulls are back. We will see a relief rally to this cycle’s golden (61.8% off 15465->69000) which is waiting at 48550usd to reject the level and start the re-accumulation into the next block-halving which is estimated to be around april 2024. After the 4th halving we are ready for our run-up to new price discovery in circa 2025, lets go.
Educational links
Fibonacci levels: www.investopedia.com
Golden ratio: www.canva.com
Bitcoin halvings: cointelegraph.com
See you in 2027 for another cycle!