Outlook for the remainder of the year. The ETF inflows have generally remained positive at new ATH levels, while volume remains low and price remains flat. This suggests considerable distribution from OTC sellers, namely longer-term holders, per HODL waves analysis. It's been 3 months since breaking ATH in March, with price unable to move higher. The...
See my previous Idea for the beginning of this thought process... If BTC would Double Pi Cycle Top this time it would probably be a longer time between tops BTC dropped 50% in 14 bars/weeks so far this time... Top to Top was 35 weeks in 2013-14 and 4.5X This time I gave it 55 weeks , not quite double and a 4X to $260K the chart is in log Scale so boxes mark a Log...
Looks similar to this cycle. will compare in next post. Took 35 weeks top to top 4.5X Pi Cycle top to top, would be 275K this time... Dropped 70% from first Pi Cycle top to next low Low between tops took 13 weeks from first top. now I'll post a second post in a minute to compare the two, so follow this
(Republishing my share on Mamocoin's new pi cycle top indicator, as I forgot TW's House Rules and included a youtube link.) I just wanted to share a new pi cycle top indicator created by www.tradingview.com I made some very minor changes to it in order to also identify BTCUSD's 1st peak in what I call the Consolidation Phase, but the original indicator is...
3hr bitcoin using modified Pi cycle top. Pi cycle top seems like an interesting theory so I decided to put it up against some Power of 3. Check out those gap ups/downs I highlighted when crossing over the 222 MA. Holding the 222ma of the 3hr will be important test of this pi cycle is tops or flops. Short term I'm bearish until a bounce or 2 on this...
According to "2-Year Moving Average Multiplier" it is not unlikely to get a 2nd "Pi Cycle Top" this year (maybe), like in 2013. With reference to BITCOIN The Golden 51%-49% Ratio! 600 days of Bull Market left! top will be end of September 2021. I think it will be end of 2021, The CBBI-Confidence Index was 100 at the top in November 2013 and at the top in...
Fractals of each time the pi cycle top indicator went off for bitcoin. Pick your poison.
This chart is a joke and probably won't happen but it's literally the first flagpole of the bearish pennant cloned and placed where the potential second flagpole would be. Not financial advice, stay safe and avoid high leverage. 👍👍👍👍
FIRST OF ALL, please do me a favor and tap that like button or even leave a comment on what you think of my technical analysis I've posted for the trading community! 👍 SEOND OF ALL, bearish pennants are continuation patterns that mark a pause in the movement of a price halfway through a strong downtrend. They occur just after a sharp drop in price and resemble a...
Good afternoon traders, FIRST OF ALL, please smash that like button for the continued alpha I'm deciding to share with the trading/crypto community! 👍 SECOND OF ALL, can we just take a moment to look at this technical analysis I've posted for the tradingview community..... 2017 AND 2021 PI CYCLE TOP DOES IT AGAIN? LASTLY, my last post explained my bias...
TL:DR One of the most powerful forex patterns is visible on the bitcoin chart, but only on the log scale. Ultra bearish if correct. Intro (a bit blogposty) I am constantly looking for the largest market structure I can find and doing such drives me to expand the number of patterns I can easily recall. The harmonic patterns are the trickiest for me due to...
BTCUSD just formed a new Pi Cycle Top. In the past, this indicated massive selloffs of 90% or more beginning in the next 3 Days after forming such a top. Maybe a good time to rescale the positions or opening a short.
The Pi Cycle Top Indicator as created by Philip Swift has caught the eye of many traders and analysts (Including myself) as a possible tool to "call the top" of this market cycle. It is giving the "Signal" now, so should I automatically sell as it has always been a good idea previously to sell when the signal is given?? I would say that we can disregard the Pi...
Welcome everybody, My name is Rutger and today i want to discuss the Pi Cycle Top indicator. I think that the Pi cycle top indicator does not work in this bull run. Because this time is really different than other bull cycles, it is never good to say that this time is different, but I will show you why it is really different this bull cycle. First of all bitcoin...
A 100% Accurate Bitcoin Pi Cycle Top Indicator. Here's my video talking about it. www.youtube.com