TIME
Market Structure: Speed and Slope on Multiple TimeframesHey! Hope you are well!
In this selection, there is a showing of the use of angles to measure the passage of time and price.
In the first chart, the 30 minute chart, there is 40 units of time, and 40 units of price. The angle that is correspondent with this ratio spans to the end of the enclosed trend.
In the next chart, the four minute chart, there is 40 units of time and 40 units of price. The angle that corresponds to this ratio spans only to the end of the first trend.
However, the 8x1 angle stretches to the end of the full segment.
By these examples, the concept of speed is meant to be shown. In each corresponding timeframe, there is a speed. For the daily chart, the speed is one day. On the five minute chart, the speed is five minutes, so in making forecasts, predictions, trendlines, and others, consider the speed.
Suggested Reading:
Law of Vibration - Tony Plummer
Michael Jenkins - Geometry of Stock Market Profits, Chart Reading for Professional Traders, Complete Stock Market Forecasting Course
Scott M. Carney - The Harmonic Trader, Harmonic Trading Volume I, Harmonic Trading Volume II, Harmonic Trading Volume III
H.M. Gartley - Profits in the Stock Market
Bill Williams - Trading Chaos, New Trading Dimensions, Trading Chaos 2nd Edition
J.M. Hurst - The Profit Magic of Stock Transaction Timing, Cyclic Analysis: A Dynamic Approach
Fabio Oreste - Quantum Trading
Michael Jardine - New Frontiers in Fibonacci Trading
The Wave Principle, Nature's Law
Ralph Nelson Elliot
Technical Analysis of the Financial Markets
John J. Murphy
A Complete Guide to Volume Price Analysis
Anna Coulling
Mastering The Elliot Wave
Glenn Neely
Can Bitcoin fall to the All-Time High from 2017?Can Bitcoin fall to the All-Time High from 2017?
Adjusted the Bitcoin Investor Tool that current price is in contact to the green bottom line.
Measuring the percentage drop from the past 3 times and transfer it to the current price...
...that would make it within the realm of possibility.
But what do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Time Wonderland - 01/18/221. Maximum pain is at the Backing price = NAV = peak OI
2. A clever degenerate gambler will learn from each liquidations.
3. Always assume the -99% drawdown. If you can't stomach it, STOP.
4. Never get your portfolio liquidated, liquidations is the sign of over-leveraging.
5. Market always tries to liquidate the most people at the most efficient way. Don't argue with the tape.
Time Analysis of BTC Elliot waves behaviour #BTCTime analysis is being ignored a lot among traders and analysts, some time they mainly decline importance of #TIME , but in each chart there are 2 factors, #PRICE and #TIME , if we assume price is predictable using Technical Analysis, so surely #TIME must be analyzable too.
in this chart I tried to analyze the #BITCOIN Elliot waves behaviour in terms of price and time. as you know, Elliot waves, show a step by stem movement, meaning for example the third, forth or fifth waves targets are highly dependent on previous movements, with in terms of price and time.
looking back to the chart, as shown, our new Elliot movement has started on November 10th, and respectively the fifth wave has started around December 27th, at the price of 52K. According to previous waves, Technical Analysis shows the final price target of 37K~~39K , which is well compatible with our further PRICE ACTION analysis and predictions. Also according to TCR and ATP methods of time analysis, I believe this level can be reached between January 27th and February 2nd.
Update On BTC Bear Market CycleLooking for price to find its Low From Feb. 7th to Feb. 11th Where we will then get our swing failure pattern up. With The Amount of Manipulation we saw in the 2nd peak Be aware that another slightly new ATH at $72,000 is still a possibility but that doesn't change the fact that BTC is in a bear market... If we do see this happen Just know that the drop from this level is going to be devastating and Most of you have never seen a "Market crash" but call every pullback a crash.. -50% in a day and -85% possible in just a week or even a few days. I hope this is not the case and it plays out as i have projected but Nothing is guaranteed in Price. But we can always rely on the tunnel through the air. (Time).
- JZ
Second MIM/TIME 4H Bear Divergence (Real or Fake?)MIM/TIME Bear Divergence Signal for the 2nd time on 4H timeframe. First one was false. Can the second be Real? Let's c. If real, time to load $TIME, $MEMO, $wMEMO
Vested with significant bag. NAF DYOR
OIL: bearish outlookBefore we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it !
first:
The crude oil price reaches the upper line of parallel channel. the zone is good for selling.
second:
we see a divergence between the price and MACD at the top of the channel.
third:
a harmonic pattern could be seen. that may be a bearish bat pattern and D point may go higher to 0.886 but the price could reverse from now because of time analysis (fourth section)
the 127% level that is shown in the chart is the projection of AB from point C. (I do not want to crowd the chart but I want to show a cluster of Fibonacci level at this price.)
forth:
next high swing could be find from time analysis using X point and B point. (FIB ratio to find next high swing)
I expect bearish outlook for crude oil.
BTC Super CyclesI know many of you will not like this idea. It is a pure speculation based on how the different values like time and percentage decline or rise. I know that time is completely impossible to predict, even prices can range dramatically +-1k%, so my purpose is to share my price view as realistic as possible.
Every super cycle consists of two smaller ones. It is hard to get your head around that from 2018-2020 btc was just pausing and moving sideways in a massive range. It was not really a bear market from a supercycle perspective. What took btc 2 months in 2010, it takes almost 3 years right now. Each supercycle takes exponentially longer to play out, percentage gains in each cycle is also declining rapidly in log. fashion:
-1st SC (3608943 %) -- 329 d
-2nd SC (58398 %) -- 742 d
-3rd SC (41981 %) -- 2492 d
based on that percentage decline we could expect 30k% for the 4th one.
Even if BTC falls to 2.5k it would still be above 700k by the end of the supercycle if 30k % is in the cards. It is just that it would quite possibly take 18-24 years (~7k days based on exp. increase).
I expect this bear market to be similar to 2011 where price lost 93%. It is largely because stock market is expected to collapse in 2022 and BTC has never experienced that. Wherever it falls it will eventually rise back up even stronger.
Bear markets between supercycles are also getting lengthened exponentially. Not that fast than bull runs but still they do:
-1st bear market (-93 %) -- 161 d
-2nd bear market (-86 %) -- 406 d
due to having only 2 bear markets between the cycles it is even harder to predict how long it could take for the 3rd one as we don't even form exponential line growth from having only 2 values. Needles to say it is lengthening exponentially so to assume that it can take 3 years for the crash to finish is not completely unrealistic.
Bottoms are also increasing exponentially:
-1st $0.0009
-2nd $2.01
-3rd $163.88
-(4th $2300-$2800)
I am not a financial advisor so non of this should be taken as a financial advise. Take care.
SUSHI Long position, good R:R entry with potential futureSUSHI long position added in the dip yesterday at 5.38 leveraged long.
This looks a great area to add SUSHI for a long term hold. Wonderland.fi project is looking to acquire SUSHI which will bring huge volume of trading to the company.
Technically - SUSHI has fallen to solid resistance and buys below 5.5 offer a good R:R.
This chart abides by 2 of my main long term rules.
1. Buy when below the 100 and 200 SMA. - I've drawn around these areas on the chart, always offering a good R:R.
2. Buy at the bottom of resistances, not at the top of supports.
CTSI power wave incomingAll across the crypto space, we have been grappling with an EWT wave 4 consolidation since the summer time. It has provided fantastic entries for those late to the game. I am of a firm belief that this window is now shut, and the final W5 to finish this cycle is beginning.
If I were taking a guess at the ST trade, I think we mirror the last 15 day cycle based on daily RSI, and spike out today and tomorrow. the last spike, to me, represented the W1-W2 signal that consolidation was over. This is the beginning W3 impulse of the 5-wave move upward.
W3 is the most powerful wave, as the disbelief of W2 has been shaken and now is time for broad participation.
What is super encouraging to me is the fact that the broad market selloff did relatively no damage to this chart.
Volatility is expected with some spike trading opps for sure, but it should be a really solid hold from here into Q2 2022.
Good luck!
(my personal trading with this was to sell 50% on the last spike, and reposition at the 1.00 psychological level. I re-employed the profits at 0.97 and will not sell again unless the spikes are obviously going to retrace. Retracement will become less likely with added participation)
Ethereum, 16 Nov. Fibonacci Time to Perfection… again.The idea to take profits when ETH moves out of the pitchfork was successful. But there was another hint: Fibonacci time. The scale (blue vertical lines) are the Fibonacci extensions from the previous wave on the time axis. Each Fib coincided with a local top or reversal. The next one is 29 November.
Elliott:
We can count an ABC pattern (in blue). Alternatively wave (a) can be a leading diagonal and wave (c) can be a wave (iii). This would be the bearish scenario. Bitcoin currently supports the bullish idea, but we need further confirmation.
Gann:
Support: Median between two levels at 4141, and 3655
Resistance: 4674
Geometry:
ETH is at the 3 Fib extension of the pitchfork (red diagonal line) and the .236 fib of the previous wave (blue box: .236 to .382), a potential reversal zone.
How I trade it:
The levels marked with BTO (buy to open) give us an interesting risk-reward ratio to scale back into long exposure. The idea is that the ABC correction is complete and we want to participate in the next move to the upside. The idea is invalidated if price reverses again into a 5th wave to the downside.