Bitcoin will have a local top in March, at ~17 weeks after the previous cycle top was broken by a weekly candle close (2.618 Fibonacci, ~150k), and the final top will be in September at ~47 weekly candles (halfway between 2.618 and 3.618 Fibonacci, ~180k). This is what happened in 2021, and similar to 2017.
Arbitrum price action based on crypto cycle theory and Fibonacci retracement
Ethereum is repeating the same price action it did in 2021, but fast with 1 month. It will go to the middle between Fibonacci 1 and 1.618 (~$6000), correct to Fibonacci 1 (~$4900) in the end of January or beginning of February. After this, it will go to, approximatively, the middle between 1.618 and 2.618 Fibonacci, which is $10.000, a big psychological level....
In 2021, Bitcoin had a correction in January when it hit the 2x (~$40.000) of the previous ATH (~$20.000), which was at around middle between 1.618 and 2.618 Fibonacci. After that it hit the final cycle top at $64.000 2.618 Fibonacci in April 2021. In 2024, the price action is faster with 1 month. It will reach ~$125.000 (middle of 1.618 and 2.618 Fibonacci) in...
ETHBTC reached the weekly bottom trend line after exactly 30 weeks when the 50 weekly EMA crossed the 200 weekly EMA (death cross). ETHBTC will go to the nearest resistance of 0.05-0.052 (in January) and then correct to 0.04-0.042. This happened also in January-February 2021. After this, ETHBTC will go to ~0.08 at the resistance.
ETHBTC price action forecast for 2025. ETHBTC formed a bullish pennant pattern with a support at 0.032 and resistance at 0.075. Also, the bottom of 0.032 was hit exactly after 30 weekly candles from the death cross on weekly.
Backtesting results on AUDUSD using the Pineconnector Reversal Strategy
Results on GBPUSD using the Pineconnector Pepperstone Forex Strategy
Results on AUDCAD using the Pineconnector Pepperstone Forex Strategy
Results on AUDCAD using the Pineconnector Pepperstone Forex Strategy
Results on AUDUSD using the Pineconnector Pepperstone Forex Strategy
Results on USDCAD using the Pineconnector Pepperstone Forex Strategy
Results on EURUSD using the Pineconnector Pepperstone Forex Strategy
Results on EURUSD using the Pineconnector Pepperstone Forex Strategy
Results on XAUUSD using the Pineconnector Pepperstone Forex Strategy
Results on BTCUSD using the Pineconnector Pepperstone Forex Strategy
2019 - 2024 results on XAUSUSD using the Pineconnector Pepperstone Forex Strategy
This idea shows the performance of the Pineconnector DCA RSI strategy on the GBPUSD pair on all data of the H1 chart (past 3 years). Sharpe ratio: 1.4 Profitability: 70% Profit factor: 2.5 Sortino ratio: 492.1