BTC idea using Sine Wave and where its direction until end of Q4
Using the sine wave and previous BTC pattern on October 2020, hereby I conclude that no matter where BTC go for December rally, it will always find it's way back to $47850 until end of Q4. Imo 3rd January onwards is where the real bullish rally begins.
Regards.
Sine Wave
Using sine lines to determine the price action of $blokMultiple waves depicting Bloktopia price action from BTC dominance to DXY all extracted from the price action over a specific time or a few times. The waves are either patterns of resistance or support. Some waves are observed to send the price action upward very fast to meet the peak of the wave. Other waves create a resistance right through another waves support. This all could be very simple or that I am observing many different variables. All of which could potentially create a harmonic mean or regression line and aid in a solid prediction of future price action.
GOLD to $2000 into NEW YEAR 11.16We will are looking for a pull back into the 1800$ zone where there is 61.8% confluence. Expect price to expand into the New Year
Happy Holidays everyone, another year come and gone & has it been interesting one for sure.
Next year will we see a new all time high for Gold? For now the 2000 zone is the plan. Best buying opportunity is to stack your orders around 1800 & scale in comfortable sized positions as it trends, nothing extreme.
Let it go and start +floating. Enjoy :)
#AKNUSDT #AKN#Crypto Idea ; 031
#AKNUSDT
#AKN
#BITTREX Exchange
#AKNUSDT Have 325 % Profit Potential With New All Time High 1st Golden Tp
#AKNUSDT Have 113.67 % Profit Potential With New Small Profit Final Golden Tp
Keep in mind.
🟢 Multiple Rejection Structure
🟣 Monthly Frame Structure.
🔴 Weekly Frame Structure.
🔵 Daily Frame Structure.
🟡 4.H Frame Structure.
⚪️ 1.H Frame Structure.
Small Time Profit Chart
BITCOIN TIME CYCLE OF THE MARKET I know, probably you came here to tell me ''this is not gonna work bro'' but yeah, thank you :D
Before starting, i had try so many time and possibilities to create this graphic. It is kinda complicated. But let me clarify little bit for you. This is a time cycle analysis for Bitcoin. I have used cyclic lines, time cycles and sine lines from different points. The purple arrow represents tops and bottoms of the time cycle tool. The yellow arrow represents tops and bottoms of the sine wave. You can see the market swings when the time has come. Not everytime, but this analysis is good enough to have a time vision of the market to see how stuffs is going. I have so many analysis like that. If you like this post, i can share others too. Have a nice day :S
💡#i31: GlassNode BTC Avg. #️HASHRATE Daily's👨🏻🔧🎇🧵Blazing into fresh grounds 🔥
Bitcoin Average Est. Hashes P/Sec
*Note* Current diverging strength 💪🏼
of the #HashRate as compared to
Softer BTC/Crypto Price action.
Detailed Variants of Idea Chart Below :
GLASSNODE:XTVCBTC_HASHRATE
COINBASE:BTCUSD
BINANCE:BTCBUSD
BINANCE:BTCUSDT
BITFINEX:BTCUST
FOREXCOM:BTCAUD
CRYPTOCAP:BTC
Bitcoin Sine WaveA sine wave is a geometric waveform that oscillates periodically, and is defined by the function y = sin x.
The sine wave indicator is based on the assumption that markets move in cyclical patterns. After quantifying a cycle, a trader may try to use the pattern to develop a leading indicator. This works extremely well when the market is indeed moving in a cycle.
The sine wave as a technical chart analysis tool is based on advanced mathematics and is designed to indicate whether a market is trending or in a cycle mode. It helps traders identify the start and finish of a trending move as well as possible shifts in the trend.
MATIC/USD Cycle AnalysisSince late 2020, the MATIC price action has been consistent on the 30 day MA (Cyan band). From Dec 2020 to May 2021, the price has tested the support 6 times on the gray sine wave, and has tried the resistance 3 times, on the gray dashed sine wave; and stayed in this range for this period. From early March to late April, the price has consolidated in a 75% range from $0.35 to $0.55.
After the break-out from this range, on April 27, the action has continued between the second waves (white), except for a quick FOMO and correction incident on May 18 and 19th.
IF the bull run continues during the summer, we can expect a local top at $4.20 in late June, and consequently, a consolidation period between $2.40 and $4.20 till the end of summer. And for this cycle, the ultimate top target could be $15.
Bitcoin's Extremes (Through the End of this Month)Multiple angles across timeframes currently converging, so the price of bitcoin is safe for now right here in the middle. Heavy bets being place in both directions. Volatility is expected through the end of the month (when isn't it?); +/- 33% or $24k - $48k range.
History certainley rhymesI am a firm believer in the power of Sine Wave, and this chart shows why.
First, some explanations:
1- The green wave, starts at the bottom of 2011 price and ends in the top of the first peak;
2- The dashed yellow wave, starts at the mid-range of sloping phase (which is the FIRST peak), reaches the bottom at the first bear market nadir, and ends in the peak of the second bull market;
3- The dashed blue wave, starts at the mid-range of sloping phase (which is the SECOND peak), passes through the second bear market nadir, and potentially will ends in the peak of the third bull market;
4- The purple band, is the the 52 week MA.
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Now, some observations:
1- Every time the 52W MA crosses a wave on its way up, it is a signal for beginning of a bull market. This cross happens at the 2/5 of the way from the bottom of the wave to the top;
2- Every time the 52W MA crosses the same wave on its way down, it is a signal for the mid-point of a bear market. This cross happens at the 2/5 of the way from the top of the wave to the bottom;
3- The dip before the peak, occurs on the sine wave's 4/5 of the way to the peak. This price difference from the wave to the dip is approximately -90%;
4- Right now we are 78% down from the wave, and -87% would take us to $20,000.
5- That being said, we have never been this close to the 52W MA in a bull cycle and if the price dips to 20K in the coming weeks, we would cross the 52W MA and unless that point doesn't act as a spring, we probably will not reach the top by the end of the year.
Time Cycled ADA to gain 24% by Mid JuneViewing the chart above we can clearly see a 55 day time-cycle has formed (red semi circles at top).
The cycle starts from 3rd Jan 2021 and is repeated every 55 days on the following dates: 27th February, 23rd April and predicted 17th June.
The frequency of the cycle is also clearly seen in the LT 144 RSI - (Vertical white dotted lines mark Cycle, Price and RSI)
Price is rarely dipping below LT 144 rising DEMA which is a good signal of growth, however the further the price parts from the DEMA the greater the correction signal becomes for the price to return to the DEMA.
The yellow lines show ADA's trend entry and together with the blue horizontal lines confirm the base entry support, trend formation, support and resistance within the trend and finally the trend breakout on 6th May confirmed on 13th May.
And if you include the RSI green prediction doesn't that look like a perfect cup and handle forming on the RSI!? :)
All the above signals a 24% gain by Mid June @ a price of 2.75.
Good Luck to All