ETH destined to repeat BTC?“History Doesn't Repeat Itself, but It Often Rhymes” – Mark Twain.
"Watch and hold my beer" - mnovo ;)
Cycles
Silver 60 year super cycle bottomed in March. A 60 year cycle developed in the 1920s by the famous economist is observed on the silver chart, you can take a closer look by dragging the graph. The first cycle measures 60 years since there was little trading and large time gaps were made in fixing the price. Since the 70s when the market became active this cycle spins out 30 years - a proportion (1/2) of the 60 year cycle. We also see a cup and handle pattern on a huge year range. Very bullish. Upper side price target in 2028 found by my system is 152$ per ounce of silver.
Bitcoin: Now and ThenI'm not a crypto hater by any means, and I hope this thing remains bullish all year and hits $100K.
However, hopes and dreams are not as important as what the chart reveals. Nothing is more important than the chart. This chart is telling me to pay attention to the current Bitcoin correction.
Master Buy & Sell "Bitcoin (BTC) Cheat SheetBULL MARKET TOPS = A TAD BEFORE 2nd BLUE LINE FROM PREVIOUS PURPLE LINE
BEAR MART BOTTOMS = 3rd BLUE LINE FROM PREVIOUS PURPLE LINE
GREEN ARROWS = BUY
RED ARROWS = SELL
*Blue & Purple lines are 1 year apart from March each year & clearly call the bottoms and tops of the Bitcoin cycles. Nothing special, but this gives a rough idea of when to buy and sell. I was originally trying to find confluence with the halving dates, but this seemed to work out perfectly, so I couldn't ignore it. Of course, Bitcoin can diverge, but the halving cyclical nature of every 4 years really keeps Bitcoin cycles fairly predictable. The good news is that we still have quite some time to go until the top of this cycle and of course there will be corrections along the way. Happy Trading!!!!
Bitcoin: A failure to reach $51k will break the Bitcoin Cycle Hello traders! Bitcoin is in a crucial stage of the Bitcoin Cycle(read my post about it, link below). I will explain why, and how it will affect the prices of Bitcoin in the next coming days.
If you are new to my TradingView account, The Bitcoin cycle interestingly calls a top every 53 3-hour candles, or 6 days and 15 hours. Every 53 periods, the chart forms a support/resistance horizontal line(green in the diagram). I also will add something part of the Bitcoin cycle that the angles from top to top are almost always about 18 degrees.
Based on the 18 degrees from top to top pattern, the price should reach 51k before the Bitcoin cycle calls another top. But there are key differences from other Bitcoin cycle pullback events:
1. This pullback lasted much longer and was the steepest pullback since the Bitcoin hype.
2. Because of number 1, it will take a tremendous bull force stronger than before to reach $51k levels. Before the Cycle calls a top.
3. Overall Market Sentiment tipped to the bears for the first time in the Bitcoin cycle because of the 10k pullback.
4. EffDI(my indicator, link below) plunged below 0 for the first time in months.
This would indeed be very hard to accomplish. But this pullback seems like every other Bitcoin cycle pullback. Just don't worry. Let us just see what will happen next. Will the bitcoin cycle live, or break? Tell me in the comments.
Thanks for reading! Don't forget to like and follow.
Theory : A clear cycle controlled by the Number 15! This weeek!The function listed above cracks a cycle that is happening in bitcoin. Of course there are a few flaws to this theory, but allow me to explain.
The function above says that if we start a cycle with 13 bars you are going to have a second wave of 28, followed by 43, then 58... etc
Which are plotted starting at the low pre-2017 bullrun.
Same equation works on the upper side, we measure the top of 2017 Bullrun to the following low, this give us a 52 bars count, which is a Gann number. If we applied the same equation backward to get the next low by subtracting 15, we are going to find March low and the next two lows which are projected forward.
The 65 weeks cycle at the very bottom is also very reliable and giving confluence to this idea.
You might need to spend a few minutes looking at the chart and doing your own math to get the idea behind this theory.
Theory : A clear cycle controlled by the Number 15! This weeek!
The Bitcoin Mysterious Cycle... Sights on 51k in 5 daysHello Traders! I present to you, a very interesting finding about Bitcoin...
This is the Bitcoin Cycle. EXACTLY every 6 hours 16 days, Bitcoin makes a top. In the chart, this happened already FOUR times, validating this pattern.😮
Every bull rally almost gives us the same increase: about 20% every time from top to top! With this, Bitcoin will reach 51k in about 5 days.😮
Every top is a resistance that becomes support that halts the pullback. Remember the scary days where Bitcoin crashes 20%? The support halted it! 😮
With the mysterious Bitcoin cycle, we can now predict where price may go. After going to 51k, the price tumbles to 41k. Then the cycle continues...
Thanks for reading! Like and follow for more!
Here it is #RioTinto #RIO #tradingview @RioTinto #mining #goldWho would have thought it?!
Rio Tinto is faster than the police or the Söder allows.
The shares simply do not respect the boundaries of the restrictions and cross the borders. That is forbidden, after all in Germany.
In this case, Rio Tinto is making a statement with a new all-time high and thus for me an superior ongoing wave 3.
With 4.8% p.a. Dividend yield one is also made happy at the moment.
So everyone can get through the storm.
Greetings from Hanover
Stefan Bode
Silver forecast.Read the related ideas. Silver cycle low 5th January - target 23.90. Cycle high Feb 15th - target 38.75. For silver these two dates will be enough if anyone will decide to trade this.
*Futures trading involves a substantial risk of loss and is not suitable for all investors.
ALGO/USDT in cycles....could hit new ATH in aprilFrom LOW (25/09/2019 = 0.192 $) to new HIGH (24/02/2020 = 0.5027 $) it takes 151 days.
From LOW (13/03/2020 = 0.0958 $) to new HIGH (14/08/2020 = 0.76 $) it takes 154 days.
From LOW (05/11/2020 = 0.2337 $) to new HIGH ....?
If we are in 150-155 days cycles, we can see new ATH in april ....
WHY:
1) we are in cycles
2) it could be start new ALT SEASON
3) is at 52 rank in coinmarketcap (increasingly popular)
4) have great project (Planet Watch)
This is only idea
Tonight's plan to 37kHi there,
Here is the plan I've been following for the last 24 hours. I believe we're about to get into wave 5 of the orange cycle, or might just have to finish wave 4 which didn't properly reach 38.2 yet (I'd rather see it retrace .5 or .618 of wave 3). Overall everything's fine, clean Fibs, and we should be headed to reach 37k really soon.
Would love to hear your insights about this.
ETH my prediction for short time correctionMy thought about the ETH recent cycles using Fib retracement. If I am correct my next long will be below £488.
I am not financial advisor it is just for education purpose.
Copper futures forecast.This is not a trading advice idea and you should only follow this with caution or just for your own personal interest in cycles and Gann theory. This post is made by me to test the methods of forecasting I obtained from long studies of the subject. If you will follow this idea and observe the copper market and the forecast will turn out +- 1 trading day right at each arrow date - it has worked and I will continue to post such posts. Thanks in advance.
*Futures trading involves a substantial risk of loss and is not suitable for all investors.
