Cycles
Watch out for another drop :) PMA is going to drop down again.
As we can see in each sycle MACD reversal means drop of PMA.
MACD looks like it wants to reverse.
Also BTC looks like it can go up again, so all altcoins will go down.
All in all - I'm waiting to pack bags at 1 satoshi :) Let's get rich :)
BTC - Bitcoing Moving Average ComparisonAll explained in the ctart -25MA and the 99MA on the weekly - Looking at how the 'peak' of the MA coincides with the previous ATH.
The 25 and 99 are already about to cross 13 weeks before the 'peak' is due - leaving the possibility that they cross and cross back a couple of times before the 25 finally moves up when the 99 drops away.
USD CAD SELL VENTAIM WAITING FOR THIS ELLIOT AND CYCLES CONFLUENCES, IM WAITING FOR A ENTRANCE TO SELL IN 1.34300 - 1.33000
ESTOY ESPERANDO LA CONFLUENCIA DE ESTE ELLIOT CON CICLO ALCISTA, ESPERANDO A VER SI EL CICLO ALCISTA ACABA Y DA A LA CORRECCION A B C BAJISTA DE ELLIOT, CON UN PATRON DE VELAS SERIA UNA BUENA ENTRADA A VENTA HASTA EL 1.31400 POR LO MENOS. SIEMPRE USEN GESTION DE RIESGO.
CMT BTC Macro AnalysisCMT BTC has an long and wild history and has brought in alot of trading volume recently, sparking at all time lows. The bearish momentum appears to be low due to there being no more descending fibonacci fan trendlines coming down from the all time high. The sine lines and horizonal fibonacci show the periods in time where i expect to see price movement. There is a W shaped reversal pattern on the local timeframe, which may lead me to believe that this alt coin has bottomed out; however i wont be making any trades on this pair until we see some confirmed upwards movement. I will use moving averages analyse the momentum in the short term.
Not an expert, not advice.
Biffy
Euro / U.S. Dollar 2019 AnalysisHi again,
First time doing Fiat Analysis, but why not? :P it;s the same for all charts so, i believe it's a good time to start moving around to some interesting Charts.
So, again, this is only presentation. Ill be working with this one in larger time frames because it's a lot different from cryptos and it does not have the same volatility. It moves all different, and that, i like it as a challenge ;)
We are moving on a downtrend channel as you all know. I Expect the price to keep falling from now till 21 to between 1.05 and 0.97.
i'll get into deep every time i can so. Let's just start with this part by now since there's a lot of information going on already in a Month Chart, but ill be moving around in different time frames.
We got the Channel, Fibonacci and Chuvashov in Place. And as usual, there's a Fractal going on that ill try to explain later on.
So, hope you find as usual interesting and helpful to a better understanding on how markets works with fiats.
Stay tune! ;P
Cheers!
Charter X
XRPUSD 2019 AnalysisHi again,
Another #Crypto analysis, and not an easy one to follow actually. Maybe it seems so and i had my good profits with this one but to be honest, now i have my doubts at this very moment. Last year i decipher the fractal that was being used, or at least it was going in cycles every time.
The last uptrend changed all the rules some how because the fractal it is completely different. It is kind of inverted and that made me think (a couple of hours actually) on the theory that it may fall. Do not take me wrong, because there's a lot of signs that indicate that price could go up like hell, but i've learned in my short life as a Charter, that before the high, the low it's present almost every time.
With XRP, it's starting to happen what it did with #btc. The lows where almost at the same price. It could not rise again until the crash of last year. Besides, as a trader as in life, i have learned that its wise to be prepare for the worst and at the same time to have the doubt of thinking on almost everything. And when you are not completely secure on something, it is better to act cautiously.
At the same time, there are good signs as #XRPBTC pair which is at the deep and possible end of cycle. So, if #btc is going down, lot of people will migrate to altoins to start the cycle time for this coins. So, i suppose we should be alert on that.
Whatever it is about to happen, is important, but something is about to happen.
So, this is just the presentation of the study by now. After publishing this ill upload the detailed study for a better understanding.
Hope you enjoy it and you find it helpful and as usual and as a reminder, everything ill post are just personal ideas and not investments advise! Use as your own risk.
Cheers!
Charter X
Bitcoin Grand Cycles - Sinosoid + HalvingThe graph depicts the halving of Bitcoin along with sinusoid. The Big Picture is the most important for long-term investors.
As per graph, after each halving the Bull Run starts. The top and downs of sinusoid are generally a benchmark where the bull and bear market respectively begins. Although the downs are not exactly the lowest points, the high points of sinusoid clearly the top of the cycle.
Thus, the next highest price point of Bitcoin will be in December 2021.
The bull run begins after each halving.
Is the Parabola Broke or Correction to Buy Bitcoin?Its the question everyone should ask and coming weeks will help us answer. This is my current cycle count in a 55 day cycle average, but since this has been so vertical, I'm still a bit uncertain if its accurate. This correction will help us get more clarity.
We have a parabolic move, a big drop, a recovery to the 79% OTE, then lose all those gains in a few days. We have massive volatility so we are in a dangerous territory. In my last post I talked about the dangers of a break in the parabola and certainly price action is telling us to be careful. But I'm not certain that its broken. It can just be expanding before the next move up.
When markets get like this I get cautious. So I really wasn't doing much of anything since last time we hit $10k other than small day trades. I'm still net short since my last post.
With such a big move up and down in the past week or so, it would be rare to see the $9600 previous low hold.
Bullish Plan: If we do break lower then I want to see volatility calm down and I'd like to see some sideways chop in the $8500-$9000 area. If we get there this week I'll cover short and look to build a long. But will only be to sell a bounce for now. I'll look for another move down and re-evaluate price action when we near a potential cycle low.
Bearish Plan: I don't want to see continued acceleration. Moving down too fast causes a lot of psychological damage and fear. I'm already concerned about the volatility. If we show no signs of support near $9k then I'm just going to hold. I guarantee the volatility has led to a lot of losses. Its a sign of too much leverage. Bears now have control and its a sign that traders control the market not investors. This isn't going to help us get buyers.
Red line: I really prefer not to see the red line broken in coming weeks. That would be a bit too much. There's some support down here so a wick wouldn't bother me. daily closes under this point would be a big concern.
Nasdaq Rally Over ... Short TermNasdaq100
NQ1!
I'm focusing on the larger down move that can occur at this point:
An area (red) that I will look to trade short in, between 8015 and 7980 with 2 targets in mind
7930 and 7815 (green)
However, if there happens to be a move down at this week's open, I have a level it bounces from at 7910 (yellow). Targeting the SELL area above it.
Despite these forecasts, while I'm trading I'm still ALWAYS open to sentiment changes and will reverse on a dime -- sometimes I may even take profits sooner, then let opportunity present itself again before entering back into the same directional move.
Less and less, I'm trying to NOT to predict the ultimate direction and more so the best probable move for capturing profits in the shortest time period. Although these larger cycles will present themselves, it only serves as a 'bigger picture' guideline.
Twitter (TWTR) 2019 AnalysisHey there again,
So time for some #Twitter #stocks charts analysis based as usual on #fractal #cycles. This has been done on a week/month time frame chart to analyze the whole panorama, and went deep until 1hour chart.
So as usual, this are just first images with some indicators stills. Pay attention on time frame on every image cause ill be posting some variations. As every analysis i post, this are just my ideas and not investments advice, so use it at your own risk.
Hope you find it interesting!
Happy trading! :)
Cheers!
Charter X
Stellar (XLM) 2019 AnalysisHi there again,
Here i am again, with some #interesting thing i started to notice a few days ago, doing some chart research on a couple of #cryptocurrencies. Again, this may no mean it's going to happen, so trade as your own risk.
This time is with #Stellar (XLM), and it seems that the #fractal #cycle is about finish, which obviously, makes anyone wonder what the hell will happen then?
I give you the #fibonacci retracement and the Fractal Cypher (great tool for those who like to compare fractals in different time frames an all that stuff. On top, you have chart with Fractal on 1 day time frame from 2018 till today (basically a year and a half fractal), and at the bottom the 4hs time frame chart so you could see it better, i give you the second fractal actually (there is one before this on but really tiny, just freaks like me i believe that pay attention to that stuff lol), from April-May 2017 till the Big Fractal beginning.
So again? What are this guys up to now?? What would happen in the next weeks? time for friends bets jajaja i have set it on 23th of July that a new fractal will start... will it be bigger than the last one? is it going to go to the other direction? if that so, it would be the end of an altcoin? well.. i suppose we all have to wait to see what's next!
Hope you like and find this idea interesting, and again, trade at your own risk, this is not investment advice!
Peace out!
PS: Ill Share a couple of indicators above this as usual.
Charter X