Cycles
Fractals - Super weekly Cycles repeatingFractals are inner parts of DFT strategy: Here some thoughts
In this case, the super weekly cyles are repeating its loading pre bull pattern.
Weekly pattern are strong indicators even if they are subject to an important lag.
IMO this chart deserves to be published for what it worths.
-Current price fractal shows a double top similar to the root fractal of 2017. Max deviation of the weekly price is currently reachs which is usually sign of tha local top & node not yet break out.
-Current DFT fractal shows the same harmonics pattern to the root fractal of 2017.
This could lead us to lateralisation of the price till the end of the year 2020 before a huge bull run.
Bitcoin Expanding CyclesThis is my first idea!
Notice how the first cycle (from bottom to top) takes one year, the second one 2 years and so on.
Using that logic, my guess is that the current one (the 4th cycle) would take 4 years.
That means the next top could be somewhere near November 2022 (2 years after this cycle's bottom, Nov 2018) at 160k USD
Comment what you think about it and thank you for reading!
How to use the "RSI cyclic smoothed v2" indicator to spot turnsThis tutorial explains how to use the public and open indicator published as "RSI cyclic smoothed v2" in regards to spot market turns. By using the same indicator tuned at the market vibration and using divergence signals to confirm market turns.
As written here:
Based on the community feedback, I wanted to share more insights on how to use this indicator on the chart.