Cycleanalysis
History repeats itself?The price action that ETH is showing, looks for me verry similar with the price action in 2017.
And then specifically just before price went to his All Time High.
Recently charts showing a strong breakout candle, followed by a nice retest. So we could see some more bullish price action in the coming weeks.
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
DXY (US-DOLLAR-INDEX) could FALL!Hey tradomaniacs,
welcome to a new free trading-setup.
Market has been really boring, slow and choppy today as expected for monday and tuesday.
This is what I`m currently looking for and expect for DXY (US-DOLLAR-INDEX) 👉
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Here it is #RioTinto #RIO #tradingview @RioTinto #mining #goldWho would have thought it?!
Rio Tinto is faster than the police or the Söder allows.
The shares simply do not respect the boundaries of the restrictions and cross the borders. That is forbidden, after all in Germany.
In this case, Rio Tinto is making a statement with a new all-time high and thus for me an superior ongoing wave 3.
With 4.8% p.a. Dividend yield one is also made happy at the moment.
So everyone can get through the storm.
Greetings from Hanover
Stefan Bode
Next target is 38kHi there,
Let's work a little bit on our last plan:
- Wave 4 could have not yet found its end and might consolidate into a running flat headed towards 61.8% ($31,640) or 100% ($29,120) of its first wave (blue ABC on my plan)
- Nevertheless I still expect we're pumping into light green wave 4 headed towards 38k (161.8%) as double top is over
- Internal count is clean and would probably lead us in the end of the last of the last impulsive waves around $37,580 (61.8%) or $39,360 (100%)
- Anyway, it's a most bullish plan but we should see a strong correction after reaching that top (probably around -40%)
Let's see what it turns out like!
Last bullish bit for BTCHi there,
As more and more bulls are turning into bears after today's little red candle, my plan (mostly unchanged still the last published ideas) suggests we might not have reached the top we're waiting for yet. Little orange cycle just got its wave iii's retracement done on a blue ABC where wave C almost got to 100% of wave A, bringing wave iv between 38.2 and 50% of wave iii. I expect wave v to stop around 161.8% ($29,200) where the big light blue cycle begun on June, 27th (big yellow wave 3) would end and the yellow retracement begin, that should reach aroung 17-21k.
Let's see how it goes, we've been doing pretty well.
Don't FOMO Buy -- Follow the Mickey Mouse Years - Cycle Analysis
Disney is exploding on big news today (December 12). But don't get in now. Follow the cycle.
NYSE:DIS usually peaks around 60 days before earnings according to the cycles.... December 12 is exactly 60 days before earnings.
Blue Chanel: Disney's safest (and most sensible) bullish entry would be when Disney returns in the blue channel marked. Disney moved in this channel from 1998 to 2000, until it broke down. Disney only returned in this bullish channel by 2014 and has maintained the bull run in this channel fairly consistently since then. I believe Disney will return back in this channel by April 2021.
I like Disney, I'm long-term bullish on the company, but not at the price it is trading at right now.
Don't let Mickey steal your money, traders.
Good luck!
Bitcoin - Aftermath of a Parabolic CycleIt's been a while since I zoomed out and looked at BTC LONG term. With all of the volatility going around I've been caught up in identifying short term signals.
To get a better understanding of what is happening on the chart, move your curser over the anchors. Start from the left and work your way over to the right.
What I have identified over LONG TERM, is that a parabolic cycle has the tendency to return to/just beneath their starting point. It happens within 10-12 months after the top of the parabolic has formed. How do I know this? It has been confirmed 3 times in the past 3 years. The RSI is added for confirmation on the top of the parabolic cycle.
Am I saying we are about to plummet down now? NO
Am I saying that you cannot make money over a 1-year bearish dominant trend? NO
What I am saying is that according to RSI , it is likely that we have reached the top of this parabolic cycle and according to history over a 3 year timespan, there is a HIGH PROBABILITY that over the next few months we will return to the bottom/slightly beneath where the current parabolic cycle started.
Note that short term scalp profiting is possible even in a bearish trend .
Note that we MIGHT go higher in the short term, this chart is focused on LONG TERM.
Best Regards and thank you for watching,
BlockTechEv
*Yawn* Will it consolidate until Feb 2021? - Cycle AnalysisI love MCD. I even love their fries some times.
MCD has done great during the pandemic. But this stock is tired.
NYSE:MCD has seen a decline, while analyst have set a reduced price target of $225.
This is achievable for MCD. But when?
Based on cycle analysis, it would seem MCD's real momentum will only come through by Feb, hitting the price target or higher by March 2021.
The hope, of course, is MCD finds momentum from the shorter cycle (pink surprise arrow tracking this) and jumps back into the yellow channel. This may happen as a build up to earnings. But, most likely, I expect MCD to trade in the white arrows at this stage.
Yellow Channel - This is the stock's trend channel dating back all the way to 2015. MCD should (and will soon) jump back into this channel for long-term growth.
Good luck!
Aww, maybe next cycle AAPL -- 140 in Jan!AAPL has played nicely in the cycle analysis so far. We are only about a week away until the minor dip entry in AAPL.
If you have followed my previous analysis on AAPL, you will see the cycle analysis takes into consideration peaks and dips before the earnings.. Earlier analysis also explains the trend lines, where we would find strong support around $112 for AAPL.
Expecting entry around 116.56 next week.
Exit Mid-Jan, 132-140
Good luck!
BTC bear market starting?I want to share my thoughts about Bitcoin. Probably many people won't like this, that's fine :)
alright,
As you can see, the cycle of 18 months is coming to a end. In my opinion, price could drop towards the $7000 region or maybe even lower. BUT, that doesn't meen that i'm a permabear. No, it IS a healthy correction. in the previous cycles, price also ALMOST made a 100% correction. So why should it now be impossible?
What if price is going to retrace towards the 78.6% fib? Which is falling inline with the long term up trend(line)? For me it makes sense.
I think it's not a bad scenario if we going in to a 8 month bearish market before we sky rocketing higher.
Following these cycles, I think we could see REAL ATH's around May/June 2022.
Feel free to share your opinion with me. Feedback is also welcome!
Thank you!
Bitcoin shows cyclic sell signals on daily and weekly chartsTwo of my favorite cyclical technical indicators show sell signals on the daily and weekly Bitcoin chart.
The first top indicator is a parameter-less ultra-smooth, zero-lag momentum indicator based on the current dominant cycle. The second, bottom indicator is a cyclic smoothed RSI indicator using the current dominant cycle. The main dominant cycle in Bitcoin is currently 268 day. Therefore using a cRSI length on the daily of 67 (4th harmonic ) and 38 on the weekly charts (268/7).
Signals on the chart have been marked with dotted lines and sell/buy arrows when both indicators are in alignment. Buy/sell arrows are synced between the daily and weekly chart.
An interesting alignment is forming right now.
The two indicators are available as open-source versions in the "related ideas" section.
UPDATE Cycle Analysis: AAPL to 140 - Jan 2021? Continuing from my previous idea - AAPL to 140 by Jan 2021.
AAPL hit the $118-120 target on time based on previous analysis -- white arrows.
Few days ago, I had added a yellow path and have just added a blue path as well to track AAPL's movement from here and be prepared for the right entry.
Yellow Arrow Path: AAPL moved up to $120 around 7 days early based on this prediction. The reason I am keeping this track open is because I believe AAPL could still move with this channel if there is some selling taking place early December and based on any pressure from NASDAQ and QQQ in first half of December.
Blue Arrow Path: If bullish momentum continues on December 1 and 2, AAPL could break out of the 120 resistance and soon be testing resistance around 124-126.
Entry timeline: I expect the ideal entry between December 17 to 28 based on which of the three colored arrows AAPL follows.
Ideal Entry Price: I still believe AAPL will likely re-test the Green support line closer to entry timeline suggested. Looking for $112-113 around RSI 39 or below.
Alternative Entry Price: If AAPL sticks only to the blue arrows, the entry may be around $120-121 . Again, I will keep an eye on the RSI touching 39 around here and consider entry on the bounce.
Good luck traders!
Cycle analysis -- MSFT to 260 in Jan 2021?Like my cycle analysis on NASDAQ:AMZN and NASDAQ:AAPL , MSFT has a similar timeline, with only minor differences. Unlike Google and others, MSFT, AMZN and AAPL are yet to hit all-time highs. This seems unlikely in December as we see usually see some selling take place in December. But, very likely that we hit 260 by mid-Jan 2021.
Yellow line: The big resistance based on highs set on Apr 2019, Feb 2020, Aug 2020
Grey line: Initial resistance based on lower highs set on Jul, Oct and Nov 2020
Green support line: This is a key support line from March 2020, tested twice in Nov already. If MSFT breaks below this by December, then we look at the white support line.
Entry: Based on how MSFT plays out in the cycle over next two weeks, entry will be at 206 or 215.5 between 21-28 Dec. This is 37-44 days before earnings call, which is when MSFT has shown to dip lowest before a drive up in recent quarters.
Exit: Around Jan 20-22 at 234-260 high. I may like to hold a few positions until March if the momentum looks bullish and able to test 260 in March instead of Jan.
Good luck traders!
Cycle analysis: BTC to 24000 in 2021Cycle analysis on weekly chart. I expect a bumpy ride ahead with a fair bit of consolidation.
Expected support levels to test: 16,000(most definitely) and 14,000 (likely)
Resistance: 19,500 will remain a resistance unless BTC sees huge bull volume (perhaps needs another big bank confirming their buy-in) before 2021 and we see the new high by Feb 2021. This scenario is possible if BTC does not pullback to 14,000 by December I believe.
Key support:
Yellow support line: Dating back to March 2020 and has been validated as support in September 2020.
Ultimate support:
BTC's ultimate support remains at 5,800 in 2021.This is a very unlikely scenario though.
Green dotted line: Highs from Dec 2017 and June 2019.
Green line: Resistance as June 2016 High, later validated as support on July 2017, Dec 2018, March 2020
Good luck!
Cycle Analysis: AAPL to 140 - Jan 2021? Apple, NASDAQ:AMZN and NASDAQ:MSFT , unlike NASDAQ:GOOGL and others are yet to reach new highs. AAPL, AMZN and MSFT follow a similar cycle and have been aligning nicely with this cycle.
Big Yellow Line: AAPL shows signs of aiming for new highs having broken out of the yellow line set by previous highs of 2 Sep and 13 Oct.
Note that AAPL gaps up on 4 and 5 Nov to break out of this resistance and tests the line as support on 11 and 24 Nov.
Big Red Line: This will be the main resistance for new high. Tested as support on 23 Mar and 24 Jul. Tested as minor resistance on 26-27 Oct and 5 Nov.
Red dotted line: Historic resistance from July 2019 and Jan 2020. This line suggests if AAPL was growing on a normal trajectory (without a covid and stimulus extended market), AAPL could have tested this high by 2021.
Green lines: These two green lines test historic highs and historic lows and align perfectly with entry marking. I love seeing when a number a signs merge together!!
I will test the cycle until entry date now.
Entry: 112.50 around December 21. Based on cycle analysis, 41-45 days before earnings shows a dip buy opportunity for AAPL
Exit: AAPL peaks 15-17 days before Earnings. Low price target - 131 (half position sold) . High target - 140
Good luck traders!
Cycle analysis -- AMZN New highs by Jan 2021?Amazon (similar to AAPL and NASDAQ:MSFT ) has been flowing with the cycle nicely.
The line to watch is the Green support line
Green line: Tested as support from 10 Nov, 21 Sep, 29 Jun. Acted as resistance on 20 May, 16 Apr.
Entry: 17-21 Dec at Price 3,150
Exit: 3,580
Waiting to confirm cycle pattern.
I also note that Amazon has peaked approximately 17 days before earnings. This is the approximate timeline of exit.
Good luck!