TIME
-------------------4HR CHANNEL/ PPL SET-UP--------------------Additional lower timeframe confluences:
1) 30 min FIB retracement and notice any respect or rejection to key 61.8 level
2) 15 and 5min 14 and 50 Ema in your favour, or wait for a dynamic support/ resistance
3) 5min rejecting a PPL and RSI strength in your favour bounce off 30 or 70 level
4) At a point of lower time frame break/ push there will also normally be a 5min 14 EMA retest the same time as a minor correction
and good entry point if everything above lines up
A fibonacci measurment of time reveals something interestingHey all, this is my first posting to Tradingview. I was thinking the other day that I measure everything I can with Fibonacci, so why didn't I measure time the same way. I will be working on the for awhile but immediately noticed that the 2017 top was directly measurable to the 2.618 by taking the measurement from the two previous tops. Hmmmmmmm...
Venzen's Timewave Theory (VTT)Using Time Fibonacci sequence, and adjusting numbers based on the previous wave to find approximate entries/exits and points of interest, I have the following: 0,1, 1.555, 1.845, and 3; low, high, knife catching, end of bear, and next high.
The magenta line is a "bars pattern" of the previous 2014-2015 bear market, elongated to match my time frame.
I'm kicking myself for not buying the weekly 200MA which lines up with the yearly pivot of 3150, but subconsciously, I believe I am/was still waiting for the penultimate bottom.
Credit to Venzen on Tone Vays' channel, for inspiring these ideas. Use my time fib numbers to check out how well these numbers match. I am especially impressed by the "3" aligning with the high of 2017.
October of 2023 is the target high of the resurrected bull
Let's see how this plays out.
-- Toateotihuacan
[KEY/BTC] Bounce Time ! RSI Oversold Bounce Time! RSI Oversold
Buy Now: 70 Sat's
Sell @ 80 Sat's
Regard's Trading Wizardz.
Predicting Bitcoin's Future Price at a Future DateWhen looking a the chart above, we can see that Bitcion has twice been halted against the 0.618 Fibonacci arc. This is a very normal and predictable process and an example of price action that is often misunderstood. The arcs act as a sort of ‘shield’ or a ‘bumper’ for price. It’s not exactly like a horizontal level of resistance, but it more represents a ‘Yield’ sign – consolidate before moving higher. What is so very important on Bitcoin’s chart is the labeled dates on the right-hand side of the chart. Bitcoin is trading above the February open, the January open and is just barely trading above and below the December 2018 open. These dates are important for two reasons. First, Bitcoin has not had a monthly candlestick where the close was greater than the open for 7 months. Additionally, if Bitcoin’s chart closed above the open of December 2018, we’d fully engulf the prior two trading months – a very bullish sign.
Inside the current geometry, we can predict a certain level of cautious bullish bias ahead. Bitcoin has traded above the 45-degree angle (green diagonal line nearest the current candlestick) and has continued to hold that level since the close of yesterday’s close. There is also an extremely important time pivot that occurs on February 22nd, 2019. This time pivot is one of the most important during the entirety of the current Law of Vibration cycle because it triggers a move that lasts until the 4/8th time pivot on April 11th, 2019. Given the nature and bearish sentiment that has weighed down on Bitcoin’s price – we can safely predict a bullish response from this zone – but expect some pullback prior to any significant break towards the 4000 value area.
Predicting and forecasting future price at a certain date
Gann was formidable at being able to predict specific price and time targets, something few have been able to replicate. That is one skill I continue to develop, myself. However, utilizing the same predictive tools in Gann’s trading toolbox, we can get an idea of when and where the next turn in the market may occur. This can be achieved using Gann’s Square of 9 tool. If we begin the Square of 9 tool at the 2018 December low of 3130, then we can forecast where time and price are squared.
The low of 3130 was found on December 14th, 2018. Starting with that date and price, we can see an interesting confluence zone within the Square of 9. First, the yellow highlighted line represents the angle of 120-degrees (also 120-days). April 11th and April 12th are 120-degrees from the bear market low – that coincides with the current Law of Vibration 4/8th time-harmonic on April 12th. Predicting a price target requires a little more finesse, personally, I don’t worry about the price, I just want to know when something will happen. But let’s try to predict and pinpoint some targets.
Mirrored Foldbacks, Squares of Price and Time
The blue highlighted box represents the price area that I copied and then ‘flipped’ or ‘mirrored’ onto the end of the blue box – creating the dark bars you see on the chart. This is what’s called a ‘Mirrored Foldback’ pattern. They’re everywhere in every market on every time frame and are extremely useful in forecasting and predicting future price swings. When looking over the Square of 9 for the December 2018 low at 3130, we can see that a square time and price value of 6226 is found. That price level is very, very close to the 4/8th inner harmonic of 6301.94 that falls right on April 12th, 2019. We have a confluence zone of two different square of price and time in the same area.
While predicting a future time and price location is extremely difficult – it is very difficult to not isolate the 6301-value area being the price target zone around the April 12th, 2019 date. Now, certainly, the prediction could be way off and a lower price level within the Square of 9 could be found, but give then nature of these shared dates, the predicated price level of 6301.94 is a very conservative and reachable target.
I would anticipate a move towards the 4400-value area sometime after February 23rd but before March 9th with another strong push towards the 2/8th Major Harmonic at 5041.75 at the beginning of March. February 23rd should be a strong catalyst for price action given that it is 99-days from capitulation move from November 14th, 2018. Also, consider that there was NO retest of the 2/8th Major Harmonic level at 5041.75 – which is odd. But Major Harmonic price levels should be observed from a weekly and monthly standpoint, so Bitcoin moving to test this line before Mid-March would be very much in line with normal price action behavior. March 19th is very close to the Gann Seasonal date of March 21st, which I would predict sees Bitcoin reacting to that time cycle and moving swiftly toward the 6301.94 value area.
XAUUSD Gold Short based solely on time cycle and astronomyTime is the reason for trend changes.
The 18th of February was a time pivot in the current Law of Vibration cycle, a powerful 6/8th time harmonic which acts as a source of resistance in time to the trend in force.
The 19th of February is a Full Moon and the Moon is Apogee - trends reverse violently if these two astronomical cycles occur near a swing low/high.
Gold has been an uptrend for 186-days - which is well within the 180-day Gann Cycle of the Inner Year.
Violent short term reversal ahead.
Bitcoin: Correlation between NVT and the All-Time Mean Today I want to look at the bigger picture to put in context the recent Bitcoin move.
In the weekly chart, we see that the bias is bearish. The lows at 3100 fail to qualify as a THE BOTTOM by any sort of crypto standard:
a) Lack of volume
b) Lack of strong bounce
c) Lack of institutional blueprint
d) NVT still optimistic
Now, I want to look it from the perspective of the All-Time historical Mean for Bitcoin.
The bottom would be more credible if it coincides with a test of this line, as happened in 2015.
I'm plotting Bitstamp and BNC series, and we can see there a huge void between the current price location and the place where the All-Time Mean sits.
At Bitstamp, Bitcoin consolidated above the All-Time mean during 8 months before confirming the bull trend.
At the BraveNewCoin series (which is the longest one available in Tradingview), we see that the $150 spike bounced from the All-Time Mean.
Therefore, this is a legit line to be taken into consideration to prove the bottoming. Most of the assets have a natural tendency to revisit this line along high time frame cycles (unless they are heavily manipulated).
Additionally, the NVT is sitting at a similar range level (80-100) than did at 2015 before crashing below 50 and signal the low.
Will bitcoin test the All-Time Mean during this cycle? Well, we don't know that for sure but certainly the chances are there.
Bitcoin has been unable to fulfill any solid bottoming criteria and this one looks like could be the missing one that could trigger heavy volume and flash crash action.
GBPCAD long trade – 631 pip targetThe green diagonal line represents the longitudinal position of Jupiter on the GBPCAD chart. GPLs (Gann Planetary Lines) represent the natural support and resistance levels on a price chart. In the GBPCAD’s case, it has found support against the GPL of Jupiter. Additionally, the 4/8th harmonic at 1.6938 has acted as a support zone.
Price target is 1.7704 on or before March 22nd, 2019.
NASDAQ - NQ1! - Arcane Gann Wisdom The Full MapI share these Gann setup's quite often but people don't really seem to understand or have to knowledge what these geometry structures mean. Basically the Gann Square creates angles that reveal where value and time grow according to certain ratio's. The 45 degree Gann Angle is the most famous where value and time make a perfect 1:1 ratio, above this line value is dominant in momentum and below time is dominant. NASDAQ is currently hitting the 3/4 time target of the Gann Square and we see it's also hitting a resistance angle projected from ATH to the 50% price at 100% time values.
Try to study it, experiment, gann square can be really powerful!
Historical Time by Degree Bitcoin CyclesThis kind of analysis is not easy to visualize.
Basically you can see the 22.5,30,45,60 & 90deg cycles (within a ten year cycle) forming over time here.
When the cycles meet there are big moves. Starting date is a bit unclear, I began 45 deg previous to the top of the june 2011 bubble.
Could move earlier to june 2010 bubble if I had that kind of data available.
I THINK this is the furthest back a tradingview chart can go back with bitcoin, if not please enlighten me.
According to this chart, we will see a major bottom March 2020. I would avoid going all in until after this date.
(obviously this chart is a bit rough as I cannot enter decimals of daily bars when placing these cycle tools)
ABSOLUTELY SCRUMPTIOUS Bitcoin Price and Time Analysis Hey guys! Happy mid-December and welcome to the start of another exciting week in crypto. I hope these times of wonderful volatility have been good to you all. I promised you guys a Bitcoin analysis a few days ago over on my highly successful ETH chart that I'll link below, but I didn't get round to it because I didn't really have anything to say which hadn't already been said by some of the other great analysts here on TV. Now we've seen a nice move upwards, I think I got something a little different for you guys.
If I can stop you getting distracted by the pretty colours for a moment, I have a quick explanation of why I'm analysing the chart in this way. Many people overlook that time plays as much into technical analysis as does the price. Look at any price chart and it's got 2 axis, not just price. The reason I'm telling you this is that the top of this bull flag is a major trendline from the past month. Of course time relates to this, otherwise it could have hit that level in the past and not been resistance, as those lines wouldn't have lined up! Follow that dotted line with your finger... Yes, you see, it hits it exactly and makes a triangle shape plotted by price and time. Because many people are looking at this trendline over a decent amount of time, I think we can take this one step further and factor in the time taken with our fibonacci lines.
Now, I love fibonacci and I noticed that this bull flag we've currently formed has a very curious shape, and how it's noticeably different for the different exchanges. But I noticed something very interesting on this bitfinex chart when you connect the lines to the top of this bull flag using the circle fibonacci tool.
What do you notice? Firstly, this chart looks absolutely beautiful and I want to eat it like a whole load of flavours of Christmas-y ice cream that have come to party over at Bitcoin's house. But secondly, the circles overlap with a lot of the key levels that many traders are currently talking about, and it might give us some insight to the timeframe if/when we reach them. I've highlighted these levels in yellow on the chart. One could imagine an Elliot wave type structure forming through these points at key levels that many traders are waiting for. This isn't to show that it must hit these exact levels, but just an idea to show a possibility of WHEN they might be hit. I didn't think I'd need to explain the levels simply because it seems like everyone is eyeing them for bitcoin at the moment and you need to give the time piece of the chart some love as well <3
Let's see where this gets us! I'll be studying this type of analysis in the future so stay tuned by following my page because I have much more to come. If you saw my ETH analysis you'll know that it's been going really well for these more radical kinds of analysis which nobody else is touching. So you should follow me on Tradingview and hit like if you want to see more. I'll be updating this chart often with some new input and to see how this develops because I think this is a very interesting and underused method.
Enjoy the holidays!
-Etch
ETH trade:
XLM trade:
CHFJPY Buy @113.3CURRENCY: CHFJPY
ENTRY: BUY @ 113.3
MONTHLY TREND: BUY
WEEKLY TREND: BUY
DAILY TREND BUY
ANALYSIS: Alignment on Monthly, Weekly, Daily Trends, Enter at 8 Hour Bollinger
VALID PERIOD: 64 Hours or if daily trend shift
STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative
GBPUSD SHORT@ 128.2CURRENCY: GBPUSD
ENTRY: SELL @ 128.2
MONTHLY TREND: SELL
WEEKLY TREND: SELL
DAILY TREND SELL
ANALYSIS: Alignment on Monthly, Weekly, Daily Trends, Enter at 8 Hour Bollinger
VALID PERIOD: 64 Hours or if daily trend shift
STOP LOSS: No Stop Loss, exit according to Valid Period positive or negative