Sentiment Cycle Indicator update on BTC rallyDid you catch the move today? What a rally in BTC! It’s been an incredible day. Well played by sentiment cycle indicator (PAID). We received the signal right from the top, and the price surged all the way to the 1,750,000 level—a massive 4,400+ points move and further 2000+ points!!
After that, the price started pulling back, but notice there were no red background. That’s because the volume in that area wasn’t strong, and the sentiment hadn’t developed enough to confirm a trend shift. The indicator only provided a signal when a strong sentiment was detected. Look at the candles without any red areas, and then observe the first red signal—it was precise and aligned with the conditions.
Now, the price seems to be testing the last red candle, which could indicate a potential momentum shift. From here, it might turn sideways or attempt a pullback. How far could the pullback go? It could reach as high as 99,619, and if it closes above this level, the next target could be 1,02,569.85. At that point, we’ll analyze the price action again.
If it breaks out further, it could revisit the range around 1,05,000 or possibly between 1,06250 . However, in that range, a rejection could also occur. Let’s see how the price develops from here!
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Sentimentcycle
Sentiment Cycle Indicator in Action Mode (PAID)Take a look at the current BTC chart with our Sentiment Cycle Indicator in action. It has done an excellent job of capturing market moves and sentiments. The green background represents bullish sentiment, red indicates bearish sentiment, and the white areas signify sideways momentum, which I call the No Trading Zone.
AND IT IS AN ALL ROUNDER INDICATOR.. YOU CAN USE IT FOR SCALPING, INTRADAY OR SWING TRADING, IT WONT LET YOU DOWN.
In this 15-minute chart, you can see how effectively it has performed. During choppy market conditions, where multiple buy and sell signals occurred, these can be filtered out by increasing the minimum signal distance. For example, setting the distance to 20 will significantly reduce the signal frequency, helping you focus on higher-quality trades.
This indicator doesn’t just assist with sentiment analysis; it complements your technical strategies. For instance, when the market trades near a top and you’re unsure of its direction, the indicator helps identify potential reversals with precision.
Let’s look at some examples:
• A Sell Signal at 1,06,027 captured a massive 8,000-point move.
• A sharp 8,000-point upward move was also identified with a perfect buy signal.
• Another Sell Signal at 1,08,000 resulted in a 7,000+ point drop.
• Even during sideways markets, a signal at 1,02,541 captured a 2,000-point move.
This shows the indicator’s capability to adapt across different market conditions—whether trending or sideways. If you’d like to know more about this powerful tool or its pricing, feel free to reach out. Thank you!
🔥 Bitcoin Following Sentiment Cycle: Bullish Move Ahead?Recently I've seen several people comparing the BTC price path to Justin Mamis' "Sentiment Cycle". If you compare the two images, you can clearly see that BTC has closely been following this pattern over the last few months, apart from a couple of small details.
I wanted to add some nuance to the discussion. Patterns like this one, and the Wyckoff patterns for example, are true until they aren't. Sounds simple, but its the truth. Patterns like these often need several confirmations before you can confidently say that an asset is following the pattern, and by that time the asset might decide to move the other way. Look at my Wyckoff accumulation pattern analysis below for an example.
Thing is, we're currently in a very difficult economic environment. Inflation hasn't been this high in 40 years and the FED is failing to combat it effectively, so more downside is definitely possible, which would invalidate the "Sentiment Cycle" pattern.
However, the "Sentiment Cycle" is definitely a possibility. We're currently in the ending stages of a long-term bull-cycle which started after the last crisis in 2008. Classically, bull-cycles like this one end with one last parabolic move up. Still, take this pattern with a grain of salt before actively trading on it.
Happy trading!