T-square bear effect neutralised by Sun sextile NeptuneThe strong T-square aspect we was watching to form exact during last 12 hours started max activation touching Saturn/Jupiter/Mars within 1 degree distance and seems neutralised by Sun sextile Neptune, very bearish aspect that has not reacted strong for Bitcoin when square from Moon was received at January 6, 2020, but pushed later to new ATH not very far from previous. In Bitcoin history this sextile was very bullish as documented in previous idea. In general for most of cryptocurrencies the Sun sextile Neptune caused a huge price increases like we saw yesterday for currencies like ADA, LINK, XLM, among others.
Bitcoin don't reacted strong as normally does each time new breakout happens and was consolidating within 36520 and 37715 price zone but still showing some potential bullish effect from this Sun sextile Neptune aspect, mostly within next 6 hours that Moon activates Neptune with a sesquisquare aspect that is now 2 degrees applicative. I don't think would be worth to enter long and still thinking that the fall effect will be more interesting so keep watching the price reaction within next 24 hours.
I entered a short position close to last ATH that will keep except if my SL of 3% is touched, if that happens I will be waiting for next short opportunity that will be when Sun sextile Neptune starts to separate from exact orb and Mercury becomes closer to the square to Mars within 1 degrees orb. Note that my financial astrology machine learning model advised the best moment to enter short before January 9 when a price fall is expected but my reasoning was that T-square was so strong that effect could get sooner. The reality is that the effect is not materialized yet and the last chance for good move with the T-square is when Moon becomes exact opposition to Uranus in next 6 hours so is hard to determine if this will overweight the huge effect Sun sextile Neptune.
What is learned from this observations is that next time a Sun sextile Neptune happens watch close to all the altcoins that had increases of more than 10% during January 6 and 7, is very possible to see another very bullish effect when this aspect occurs again.
DISCLAIMER: This idea don’t provide financial or investment advice and the main purpose is to document the research observations within financial astrology field. Any allocation of funds following the documented machine learning model prediction is a high-risk endeavour and it’s the users responsibility to practice healthy risk management according to your situation.
Financialastrology
Nifty 50 - Financial Astrology & Time Cycle December 2020 Gann Theory - Trends and Time Cycle:-
Sun's Influence and Sun Cycle
Sun's influence on Nifty with WD Gann Theory and Analysis by Falcon Trader 1 from FQZ Investments LLC
Nifty 50 has been showing strong signs of clear inclination to Sun's aspect on objects: Node, Chiron, Lilith and the dates corresponding to these aspects have been shown in vertical lines in the chart.
Moon's Influence & Moon Cycle
Moon cycle and Fibonacci cycle as the strong date of 278 days from March 25th 2020, pointing again towards December 28th 2020, as a major trend change.
If there is (0.5% or above) downside from December 11th, then there can be further downside from 28th December 2020.
Elliott Wave Commentary:
If this is Wave 3 of Nifty (sub Cycles) then there is likely correction for Wave 4, to be short as we saw in March and could retrace 38.2% to 12500 levels. Once corrected then it will again go to higher levels and touch 16000+ in near future, if you want to know more about this then you can comment below.
Harmnics Pattern
According to harmonics patterns based on WD Gann time cycles, if we take Jan 20, 2020, high and use that as a cyclic time for 122 days cycle, then we saw one pattern emerging around 15th Sep 2020 (start of wave 4) of sub-cycle. During this time Sun and Neptune had strong aspects and the same we saw around December 9, 2020. There is another strong harmonic pattern date around 12th Jan 2021 for Trend Change.
If we use harmonics pattern dates, then there seem to be many changes around 9th, 11th December 2020.
December 28th 2020
There are two main points here, Sun aspects two objects around December 26th and December 28th, now, December 26th is a holiday and therefore our focus will be December 28th, 2020, also as mentioned above there is a strong Moon Cycle change around 28th December 2020.
We can expect a major down movement starting from December 11th, with further down movement on December 28th 2020 (more than 1%). But with Elliott wave already at the main pivot point of Wave 3 and also the current fundamental analysis, standard deviation and high price earning ratios, we are anticipating major correction as we saw around September 15th 2020 (300 points or more).
If this does not hold true, then we go back to our Harmonics pattern and wait for Jan 12th 2021.
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Financial Astrology, DXY, SPY, BTC - first attack of troublesFinancial Astrology has nothing to do with how you can get that Libra you think is so hawt to fall in love with you. It has nothing to do with horoscopes or chicken bones or madame cleo.
Financial Astrology is a study of the longitudinal location of planets in the sky, identifying those angles and recording market behavior and human behavior.
Or, as the great Larry Pesavento put it: Financial Astrology is: "A correlation to the positions of a planet in its orbit to the behavior of the financial markets.'
Important Future Retrograde Cycle
Venus goes retrograde from October 5th to November 16th. Markets, especially equity markets, have a strong probability of being volatile and dangerous during this cycle.
Near Term Danger Zone
There is a collection of really, really crappy and negative things coming up - it's really a collection of suck into a two day period. Anytime you get a whole bunch of astrological phenomena jam packed into a tight date range, yucky things happen (or awesome things happen). In this case, depending on the market(s) you trade - it's really really horrible.
There is a Full Moon on September 24th.
Mercury is in Libra from September 21st - the 24th.
The Moon and Chiron form a Conjunct aspect on September 24th. This aspect blows. At least it doesn't show up that often, but when it does, it's often a pretty yucky market. Fear, rejection and abandonment are the qualities in the market when this beast shows up.
Vesta exits Capricorn on the 24th.
Long story short: But ugly yucky markets until we see some reprieve in December - or at least pause. But real poo doesn't hit the fan until 2020-2021. That's when we get to see total global capitulation. Hooray for panic phases.
Bitcoin Bullish Bat - Continued addition of reversal conditionsA bullish bat pattern is within range for Bitcoin to complete, this bat pattern is from March 31st - July 1st, a 90-day cycle.
If we observe the market geometry in the Square of 144, we see a strong support zone of the 1x5 angle as well as the 2/8th MAJOR harmonic pivot at the 5600 value area. Let's also review the time cycles
1. End and Beginning of a new Law of Vibration Cycle.
2. Middle of a Square of 52.
3. June 22nd - July 7th Gann Season and Date - strong probability of support and resistance being found during this time, trending markets often begin a 90 to 180 day corrective/reversal move.
4. 'Death Zone' Cycle - 7 week cycle, 7x7=49 days. 49 Days is what Gann called the 'Death Zone' - it ends blow-off moves. This is actually an important thing to recognize: this current cycle has been a >40% reduction in Bitcoin's price from the previous swing high.
5. Full Moon - Bitcoin has the highest probability of finding rising prices when it is near a swing low at the appearance of a Full Moon lunar phase. That happened on the 27th of June.
6. Mars went retrograde on the 26th of June, Mars retrograde has only appeared twice in Bitcoin's trading history and in each of the prior retrograde phases, Bitcoin experienced the highest % gains in its history. For whatever reason, cryptocurrencies are extremely sensitive to any important Mars aspect or cycle.
7. Mercury enters Leo on June 29th.
8, Uranus exits Taurus on July 1st and re-enters on September 14th. Uranus is a planet that initiates change and conflict. Taurus represents the basic opposite: stability, tradition and security.
9. Additionally, look at the DXY index and see that it is taking a huge dump, this could be a strong trigger for short-term sentiment and provide fuel for Bitcoin to rally higher against the dollar.
Let's also remember one of the basic principles of Dow theory as it applies to panic phases and accumulation phases: extreme bearish and negative news and sentiment, but price action fails to produce increasingly dramatic lows.
Additionally, if we analyze the price action and history of Bitcoin during the Summer months (June 22 - Sept 22) we often see a flat or falling prices, followed by MASSIVE rallies and exponential gains going into Fall.