Bitcoin Sentiment Cycle Phase Justin Mamis sums up nicely what the sentiment cycle represents in saying: “What we have is essentially a graphical representation of the manic depressive moods typically experienced by market participants as a function of time and price in one complete sentiment loop.” > Returning confidence By the time confidence is fully...
PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by...
"Keep in mind that chart patterns are not some mystical way of predicting the market’s next direction with 100% accuracy, but they give us clues about the probability of a move." "Many brokers advertise online trading as a fast, easy and low-risk way of making money. “It’s easy” they say… just choose a direction and then trade accordingly. Ok, but that is similar...
Bitcoin is Amazon before 2008. The only function of economic forecasting is to make astrology look respectable. A preacher went into his church and he was praying to God. While he was praying, he asked God, “How long is 10 million years to you?” He replied, “1 second.” The next day the preacher asked God, “God, how much is 10 million dollars to you?” And God...
"As long as man continues to be the ruthless destroyer of lower living beings he will never know health or peace. For as long as men massacre animals, they will kill each other." - Pythagoras
A 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...
Bitcoin Wyckoff Distribution. PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a...
The Golden Pocket the area in between the 0.65 and 0.618 Fibonacci retracement. Notice how the 0.618 is related to the Golden Ratio. The price very often declines to Golden Pocket level and bounces heavily off this area, which is why the Golden Pocket is a very popular entry-level if you assume bullishness. The Golden Pocket level is the area where the price most...
PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed...
Bitcoin - that's not what we dreamed about. There is absolutely no desire to repeat the 2019-2020 pattern. I really don't want to, but such a disgusting scenario must also be taken into account.
Wall Street Cheat Sheet — Psychology of a Market Cycle
Printed 2 billion Tether before the third Bitcoin Halving.
A ha-ha is a recessed landscape design element that creates a vertical barrier while preserving an uninterrupted view of the landscape beyond. The design includes a turfed incline that slopes downward to a sharply vertical face.
"Three White Soldiers" BTCUSD target 11000