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Hyperwaves

Entire Bull Market XRP - Hyperwave EWA entire macro view of the Entire bull market - provided there is only 1 alt season and no utility season - calculated using Elliot wave and Fibonacci ratios. So far we have seen XRP rally up to 72c and then crash back down to 17c, marking Hyperwave 1 and 2. I believe we are currently in wave 3 of Hyperwave 3. The peak of this wave should end at around $4.20. A retrace of approx 60-70% could take us from $4.20 back down to $1.50-ish before the final wave up to $13. Marking the end of Alt season 2021. Note: Last alt season in 2017, we had 2 alt seasons. If this happens again, we could go even higher.
BYBIT:XRPUSD.PLong
by Nadnerb217
1
Good news! I found the Nokia chartSome people following me might have read about the Nokia example. Well it was here all along. The name is disgusting, it was 1 of the few I didn't try in the long list of results. No wonder I wouldn't find the right chart. Posting this idea as BTC because I want more than 3 views ;) Plus it is the one currently in an echo bubble. First let me repost the railway bubble chart: There was 3 echo bubbles, with the last 1 going higher even. I do not think this is very likely with Bitcoin, facts point to going the sugar & Nokia route. Typical echo bubble death... Let's look at the log charts: Sugar extended down 1.236. Nokia 2. An extension of 1.236 on BTC would bring the price to ~ 1000, 1.618 would be around 600 bucks. My favorite part, the linear charts years later: MoviePass, oh what an awesome scam: A couple varying examples:
BITSTAMP:BTCUSDEducation
by MrRenev
30
HYPERWAVES. Amazon and Bitcoin live examples.Hyperwaves are a subset of bubbles, there are MASSIVE bubbles. When I saw this was made public I whined inside because it means then it stops working, but the wall street market cycle thing has been available for a while, and it still works PERFECTLY. PERFECTLY. It is as if the more information is made available, the more people fall for the same mistakes again and again. Some self fulfilling prophecy by the hands of whales? (That got big by being good and following the rules). The rules about Hyperwaves are basically: * Must look at weekly charts. And draw trendlines. Nothing else. Weekly closes have to be above every phase trendline (except 1 of course). * Once you are at Phase 3, a Hyperwave is very likely. * By Phase 4-5 it is almost certain. As 5 starts... It is important to get in early when a bubble goes exponential, and stay in as long as weekly closes remain above the bubble hypermove up trendline, which can last for weeks. Amazon went up > 100%, that's low, alot of things go even more up. Everything is relative thought. Things that go up more often mean your risk is bigger so you go in smaller anyway... Crypto's went up massively, but the downside was very important too (crypto ATR is 10 times that of FX or more). Bitcoin phase 5 only lasted a few weeks... It can last months. * When you have phase 5, you have a hyperwave. 100% sure. * In 20% cases, the hyperwave is a "funky hyperwave" (I am not the one that choose the name), which will bounce on phase 2 trendline. 20% odds. * In 100% of cases according to the creator of this theory (which anyone can backtest on the few hundreds of examples available...), if phase 2 does not hold, the price goes back to phase 1. After that it is the end of the hyperwave. Can bounce on 1, can go below, can make another hyperwave a few decades later... Here is an example: An example of the majority of cases, with a recent one which is very interesting, Bitcoin, my 2nd favorite chart after the almighty DOW: If you look at a tulip chart you can see phases 1 to 4 and 7, the bounce (6) is missing, but I am sure it happened, it is just not represented. I want to find more info on the past, would be wonderful to see this in really old things... Not just in the past 100 years but the past millenia's. Would be amazing to me. A few more examples: These are the ones I know...There are supposed to be a few hundred examples... The creator has a channel, maybe there is more. Even 2-3 hundred is not that much, well it is starting to be decent if there really are that many. The problem with this is if there are only a few dozen examples... Well it gives an idea of what to expect, and buying and staying in as long as we are above trendline is always good anyway. What is almost certain is: Amazon going to (2). Bitcoin going to sub $2000. I might have made some mistakes I do not know the details I am by no means an expert on this thing, but I find this interesting and might add it to my arsenal over the next few years (My expertise is on Denial & capitulation following a period of complacency uniquely, which are waves 4 - denial - 5 capitulation and ABC - bounce following capitulation). If you want to learn more on Hyperwaves, Tyler Jenks is the inventor of this method and backtested it extensively, since 1929 (Down Jones <3). He has been making money since the 70's with this method, keeping it secret, and now that he is past 60 years old he is just sharing it with every one he just does not care anymore. So, for Amazon, is his wife going to sell? That would make a big wave 7 ;) And for Bitcoin. God I wish there were options to bet on the price of Bitcoin ending at 1000 ish. Warren Buffet would have shorted the entire supply thought so... VERY IMPORTANT: Want to hear something funny? Some financial advisor of sorts told me his clients 1 year ago could not stop ask him about crypto. Any presentation/meeting, there would be a crypto question. 1 year ago... Lately, it has been the same with FANG stocks. You know what this means ;) Textbook.
NASDAQ:AMZN
by MrRenev
5