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Moon

Another reason for 200k+Disclaimer: I only use consistencies that are found in all cycles from '13 & beyond when predicting movement. There are a lot of them. First, I'm looking at the fib retracements that fall in a range that I define in my related idea '259k bullmarket top & how' or 'Holy Grail' for more details. Pulling the retracement from the bottom of the range and the 0.618 to the top of the range defines the 3.618 as the top of past cycles. This leads to a 222k top for this cycle, which is within my target prices (see related ideas). The next consistency is the amount of days we were in between the 0.236 & the 0.618 fibs. It was roughly 68 days in '13 & '17. We're looking to be on track to passing that 62k mark next week if this stays consistent between cycles. The time we reach the top from breaking the 0.618 isn't consistent, so I don't really speak on that. The time it takes gets longer, so maybe that would mean March/April of next year if that pattern continues. Final thoughts: My green 0.618 fib is my best guess as to where we currently are when comparing cycles. Each cycle sat around that fib for about a week and took another week to to pop out of the white 0.618. So that could be interpreted as October 21st when we finally cross that line. If we dip much further below and cannot rebound like in '13, I may have to reconsider a how the rest of this cycle plays out. By the amount of consistencies I've found between all cycles so far (see related ideas), I'm very confident that we reach 200k+ by year end.
INDEX:BTCUSDLong
by Ungovernable
18
$DXY: Moon Trading & Technical AnalysisEvery time this index goes up, stock and crypto markets go down, sooner or later, whitin the same day, and even in the same hour. The accuracy of this intermarket connection is highly great and for many fundamental reasons this is totally reasonable. As well can see here, $DXY is absolutely synchronized with the Moon phases, every single month, having an average growth between 1% and 3%. Right now, we can see in the RSI that it broke in a down trend on the daily chart. This means that we will see stock and crypto markets to raise a little bit more, till the Aries Full Moon, when usually prices bottom. Once the RSI for this index shows undervalue and the daily candlesticks are testing the support I draw in the chart, it is very likely we will see a bounce up. As long as any important catalyst shows up. If you are a Moon Trader as myself, or you are doing Swing Trading and you are already in great profits, I would suggest to set a SL so you don't lose your profits with the drop of the Full Moon and later on, once the RSI for the particular cryptocurrency or stock you are insterested in shows a buy signal (blue line breaks up trend over the red line in the undervalue area) then you can take a long positions using your initial investment plus your profits. We need to keep an eye on this index and the news of the FED and the US goverment, because as you will see, they impact heavily on this index and by extention, in the overall market conditions. This is not financial advice, but for educational purposes only. Always do your own diligent research. May you have a great and profitable day!
TVC:DXYShort
by nicolashuljich
1
BTC Dump coming?Hi guys, hope you are doing well. I'd like to discuss BINANCE:BTCUSDTPERP . I'll go straight to the point. Basically, people think this last pump that happened last week probably means a new ATH in some time... We trade what we see, and what I see is 2 legs to the upside on the 4h timeframe, distribution in the yellow box, a false breakout and now I'm expecting a dump. Will this dump be as huge as before? Who knows, I'll take profits in the previous high. Manage your risk and only trade with money you can lose! We don't want you homeless. #DYOR
Short
by chutireality
4
SLP Important low Resistance Hello everyone, this is my analysis of SLP, Beside this always have an eye on BTC because leader can accelerate the movements and momentum. 1- We are in down trend yet and as you can see price is moving into downward channel. 2- Price became close to it's important resistance 0.069 price. 3- In past price tried 2 times to break the resistance but failed, so I guess for the third time it will fail. 4- the volume of the trades are quite attractive in this low. based on the above situations I believe it will be good for Long position. ----- this is not financial advice ------- Trade with low leverage and make sure to follow risk management while opening a position.
Long
by Ety_Ethan
4