This forecast is based on cyclical patterns that aim to identify potential price reversal TIMES only. The indicator does not predict exact price levels or direction of movement.
This is a multi-cycle forecast showing potential reversal TIMES for BTC/USD on H4. The indicator tracks cyclical patterns to identify possible market turning points.
This forecast is based on cyclical patterns that aim to identify potential price reversal TIMES only. The indicator does not predict exact price levels or direction of movement.
As of today, this cycle has been working for the 4th week. While the timing of price reversals is not entirely perfect, it can still predict potential turning points. It's crucial to identify the current trend and trade only in the direction of the trend, using cycles to enter the market at the right moment. I also recommend analyzing cycles of higher timeframes,...
This chart showcases a cyclical analysis of Bitcoin prices on the M15 timeframe. The solid red line reflects historical price cycles, while the dotted line projects potential future movements based on cycle patterns.
This analysis applies cyclical analysis techniques to the Bitcoin (BTC) price action on the 15 minute timeframe. Cyclical analysis aims to identify potential reversal zones based on recurring price patterns, rather than predicting specific price levels. P.s. It's just a test of my indicator.
This analysis applies cyclical analysis techniques to the Bitcoin price action on the 4-hour (H4) timeframe. Cyclical analysis aims to identify potential reversal zones based on recurring price patterns, rather than predicting specific price levels.
Yesterday I had several SLs, but after recent analysis, I think we've already passed phase C, no need to sell anymore.
Accumulation or Distribution? What do you see there? I think we are developing a phase C now, but what event should we expect? Up thrust or Spring?
Yesterday I was waiting for a bullish momentum, but they failed to pass the 1.004 resistance level. Then we had a series of bullish failures (look at the result and volume). And now we are developing another LPSY event, which confirms the sell signal.
Current trading range looks like an accumulation, but the buyer is weak. We still have higher highs and inactivity of sellers, let's wait for a US session.
The current trading range doesn't look like a redistribution, at least for me. I expect to see a down move, but probably the bears are already exhausted, or no?
There is nothing special in this forecast, Bulls go up with no volume. It's difficult to forecast anything, because of today's Nonfarm Payrolls (Aug). I've added a few resistance levels to the chart, let's wait.
The Friday's bearish bar shows us that the institutions are selling at this moment. I'll keep opened my short orders all this week.
Probably it's a bit early to say about bearish rally, but we have already have some signs of weakness. I'll update this chart soon. Check my Gold D1 & H1 ideas, I'll share some interesting points.
I don't like last 4 bars, the volume and result show us the weakness. Shadows or wicks tell us about the presence of supply. Probably, we are going to test the resistance level first. By looking at the demand volume, I have some doubts that we can overcome the level. That's why, most likely, we might have a correction phase.
I consider current trading range as an accumulation, since we already have a possible phase C with a Spring event and, even more, we've done a commit above the resistance. Now we can expect a test of demand near the previous resistance level, which has become a support level. If we'd do it, so we can expect a further up movement. Let's wait for the next three candles.
Bears have put a lot of efforts last week, but what's the result? -0,38%? Poor quality volume tells us about the inactivity of CO at the moment, so 'weak hands' have the opportunity to push the price. If we switch time frame to m15, we can see small trading range that can be an accumulation or redistribution as well. So, let's just wait for a phase C. Can we go...