NASDAQ Will Have a Blowoff Top by AugustI have studied the hell out of this, and I can say for certain we are about to experience a wild bull run and then a blowoff top. This is the final stage of a 12.5 year cycle.
This exact cycle took place from 1974 - 2000.
The Nasdaq from 1974-2021 looks identical to Bitcoin from 2015-2021. In 2015 the charts obviously did not look the same at all. Bitcoin has mirrored 48 years of the NASDAQ immaculately, except it did it in 6-7 years. Bitcoin is now only slightly behind the NASDAQ and on pace to catch up within two months.
This may be the most significant long term chart comparison in history and nobody is talking about it. Both are set to have a blowoff top by the summer, It's undeniable.
Historical
BTC Finally In Full Correction ModeWe have finally started to correct with BTC. It is an exciting moment both for risky short sellers and us, who are patiently waiting for an alt season to truly take off as this correction completes.
Also, with this idea i want to warn especially new people in this space, that even if it looks like this correction is behind us, it hasn't even started yet. This recent one was only 18% on bitstamp exchange, almost touching 2,618 fib. ext. level. We have to see the one that is 35-50% (from the top) following by booming in altcoins to truly indicate that BTC is going for the last leg up to about $65-$80k. Stay safe, and please don't be scared, if anything, be exited of what is to come.
I am not a financial advisor so don't buy anything that i say. Wish you all successful investment.
BITSTAMP:BTCUSD
ETHUSD - Volatility Trade [HVP+Hurst] Historical Volatility Percentile = HVP
HVP had been contracting linearly from extreme highs since the start of 2021. Currently the HVP is flashing red, indicating an extreme low and is at a value of 0, which is not surprising since 0 is one of the most occuring values in HVP along with the value of 100.
With confidence from the other stuff i use in confluence, adding more to my position back a few days at around 15th February when ETHUSD was around 1700 feels kinda noice.
Here are some screenshots related to the idea;
$BTC and #ALT coins idea: Identifying the end of the bull marketI've been getting questions from a few friends and people about when the "top" will be in and what my plans are to try and be part of the "smart money" that sells the top and buys the bottom. Now first let me be clear, if anyone knew when the top and bottom were going to be? They'd be the richest person in the history of time... but that's the point; No one knows when the top or bottom will happen, so we have to go off of what we know! One great way to look for the changing winds in the market cycles is to look at history and see some patterns that might have shown themselves.
In these two charts, we're looking at the weekly $BTC price action, and the historical XLM cap. The point is so that we can see when the TRUE #altSeason actually happened, and to notice something interesting about it.
In the weeks of Dec 18th, and 25th, 2017, and Jan 1st 2018 bitcoin had reached its all time high of $19,891.99, and subsequently corrected in the following week to $10,400.00, and then pumped back to $17178. During that three week period XLM's market cap increased from 2.5 billion to 17.5 billion dollars. IN 3 WEEKS!!!! THAT my friends was the first real #Altseason! and one of the greatest opportunities ever to sell the top. However, a TON of people didn't pay attention, and in their euphoric state thought to themselves "this will keep going up forever!!! Everyone is going to get rich!!!"
The point I'm trying to make here, is that history doesn't always repeat itself... but it often rhymes. I personally am committed to NOT holding a bunch of bags of prospective alt coins, and I will be looking for this blow off top, and the following couple weeks as real opportunities to cash out of my bags and sell into the euphoria.
I'll be holding on to most of my $LINK for staking, as I don't care what price it goes to in the next 5 years. I'm hyper bullish on the need for decentralized oracle networks and Chainlink is the solo mover in that market and they've also built a fantastic network to boot. I think their partnerships alone speak the truth of that. I will also be holding ALL of my $BTC. I'm never selling that, as I would like to avoid the tax consequences of that, as well as avoiding getting stuck holding a hyper inflating USD.
Plan ahead, do your research and don't be consumed by greed, and you'll make it fam. We're all gonna make it :).
CRYPTOCURRENCY - TOTAL MARKETCAP - WILL HISTORY REPEAT ITSELF ??I`ve been in this market for 5 years now, and ive seen this bullrun before ! So therefore we should ask ourselves - when will the trend reverse ?
1. The 31st of Aug 2017 the marketcap was approx 160 B, and at the start of Jan. 2018 it peaked at approx 760 B before the reverse kicked in. This gives an 475% increase from August 2017 - Jan. 2018.
2. If we use the same pattern and go from 31st of Aug. 2020 the cap was at 400 B, and now at the start of Feb. 2021 we just hit 1400 B. If we use the 475% bullincrease we should reach approx 1900 B before we see a bearish trend . That will let BTC go too aprox 60 000 and to ETH 2500.
3. There will always be differences between 2017 and 2021 - adoption by big coorporations and more Institutional money, new traders ( RH ), Reddit / Elon Musk and The Doge Hype. But at the end of the day people generally wants to take profit, and when enough people do - and we eventually go into a profitsqueeze the tide will turn yet again !
What do the people of tradingview think of this poor but real analysis ? - Comments are very much welcome !
- Sometimes we got to zoom out on the charts to see the bigger picture -
XRP Just Imagine :)BITSTAMP:XRPUSD
I have again compiled together from few pieces of the price movement in the last 3 months to show how i personally see XRP price to behave in the near future.
WARNING !!!
This predicted price movement mine personal speculation and based on nothing as i am not a financial advisor of any kind so don't buy anything that a say. Bye and have a good one.
XRP Comparing Recent Pump & Dump with 1st Bigger Correction 2017BITSTAMP:XRPUSD
I have compared corrections in % from 2017 alt season and this recent "pump and dump" situation. Again we can see that the 4.236 fib. extension level (level 1 = ATH ; level 0 = lowest point ) takes us up with roughly the same % as we did in 2017. Coincidence ? Doesn't seem like to me haha.
Corrections are also very similar in %, even though in 2017 some exchanges were having much lower deeps at that time.
I am not a financial advisor so don't buy anything that a say.
History repeats itself?The price action that ETH is showing, looks for me verry similar with the price action in 2017.
And then specifically just before price went to his All Time High.
Recently charts showing a strong breakout candle, followed by a nice retest. So we could see some more bullish price action in the coming weeks.
Thank you for checking my analysis!
Do you have tips or other comments? Tell me please! I'm open for feedback!
The World's LARGEST SQUEEZE! SLVAs you can see Silver is one of the most undervalued assets in the world. The suits have been pushing these prices down for decades! We have not had a new ATH in years. This would be the largest squeeze in the world. We could see $25-$1000 if this short squeeze occurred on a worldwide level. Decades of shorts being liquidated similar to the GameStop stock. Nothing can stop Silver - If they shut down the stock market you can buy physical silver. My focus is buying SLV stock NOW. All of the world knows Silver is valuable and everyone can buy it.
Gold had a new ATH, BTC new ATH, People are waking up and fighting back (GameStop - AMC)
If people would wake up and see SLV this would be a REAL GAME CHANGER.
- The ratio of Gold to Silver is almost 70 times the price! Now Silver is not backed by the dollar so the amount we have is extremely low - NO SUPPLY.
- Silver is needed for the new emerging markets. EV, Phones, Green Energy, Solar... etc.
- Also the Governments and FED are printing MASSIVE amounts of money! This will destroy the dollar over time. People will move to SLV.
- Extremely Cheap price (Heavily Shorted)
- 50% Down from ATH
- Blue Sky Break Out past resistance
- Last ATH was 1979 & 2011 while all other assets in the same category are reaching historic heights
- Posts on WallStreet Bets are growing on this topic - Don't miss it
- Real MONEY - Huge DISCOUNT
- Everyone will HOLD - All Generations KNOW the Value
Is this a monster in the making?
This could be history....
[BTC] SHORT now, LONG later. Correction to 26-21k & up to 69k$+When comparing a simple chart of previous bull-runs it seems like BTC could drop to 21.5k-26.5k range before continuing its bull-run to at least 69.000$.
Shorting now: Risky: The trend is your friend -> wait for 30k support to give in. Start taking profits at 26.5k.
Going LONG (on margin) at the 26k-21k range: BTC won't fall below 21k. Go Long when the bearish trend seems to reverse. If BTC falls significantly lower than your entry and you get liquidated, I would advice you to go Long again. Perhaps with a bigger position size, not as a revenge trade type thing, but because the probability of BTC being at the Bottom just significantly increased. Repeat down to 21k if needed. (Say you enter at 26k and BTC falls to 22k).
You want to be in on this ride. Start taking profits at 69k.
Of course, if BTC doesn't fall lower I would go Long as soon as it passes the current ATH since it will surpass it and create a much higher ATH, historically speaking.
What do you think? What's your strategy right now?
XRP Likely outcome.POLONIEX:XRPUSDT
By now it's becoming more and more clear that history tends to repeat itself. In the case of XRP we are most likely gonna see only one alt season which could take us in a $13 range before trend reverses. In my opinion, all those negative news surrounding xrp is just a micro noise in a chart, as far as volatility. It is clearly going to much more aggressive.
I am not a financial advisor, i just do this as my hobby so all this might go sideways, but it's becoming highly unlikely in my opinion. Let me know in the comments below.
Wish you all a successful investment.
Maybe BTC is going to repeat its history again!Just look how perfectly rejected from 1.618 level of fib channel as it did at 2017!
Maybe it is going for couple of corrective weeks and 40 to 50 percent correction.
Currently it's Bearish for short term but I will not Short it. I will wait for a good Long opportunity.
Doubling Down on BABACurrently holding calls for Jan15 hedged with 220Jan15 puts incase it decides to go for that double bottom at 211.
Now I see either one of two cases happening here, if we compare to its historical trends;
Case 1 : Similarly to 2017-2018, we see a short rally (2-3 weeks) followed by another double bottom retest at the 211 level. Ideal for medium term option holders to get a way out with profits and reinvest in the coming double bottom.
Case 2: Similarly to the most recent correction, we see a huge volatile week after that candle that closed above 0.618 level where short term option holders have a chance to profit as well as lock in some shares if it did retest the 211 level during that week.
I do not see it breaking 211 whatsoever simply based on the history of the stock. Always stay open to all possibilities and outcomes nevertheless.
Please share your thoughts :)
NYSE:BABA
Santa Claus Rally Defined for 2020The Santa Claus Rally was first published in the Traders Almanac in 1972. The definition is as follows:
A stock market rise during the last 5 trading days in December and the first 2 trading days in the following January.
For 2020 this means the Rally would start thursday December 24th, 2020; and end tuesday January 5th, 2021.
According to the 2019 Stock Trader's Almanac, stock prices have historically risen 76% of the time over the 7 trading days. So historically, there is bullish sentiment over these trading week.
There is a caveat, though; and it is well explained with the following quote from Yale Hirsch himself:
"If Santa Claus should fail to call; Bears may come to Broad & Wall" . Meaning, if the Santa Claus rally turn into a sell-off; January will be set for a continuation of selling.
December lows are currently the fundamental support level.
Happy new years to all,
Dorf
Lower targetsBTC has closed a daily candle below the short term 20 day MA, this suggests that in the short term bulls are taking a step back...
If we use a Fibonacci retracement from the lows of 2020 we see that they match up perfectly with the 20 Week MA (Bull market support) and the local lows (16.3k).
These are my next targets if we do not see a rapid bullish buy up above the 20 day MA
BNB Volatility Study [HVP + Hurst + Momentum]The Historical Volatility Percentile is currently contracting, at levels close to 0. Whether we will see it go to 0 and see the indicator flash is not certain, but likely since values of 0 and 100 are the most occurring. Once the value of the Hurst exponent is starting to trend > 0.5, we will see that HVP contraction is complete and expansion has begun.
From whenever expansion occurs, we can see whether if there is a positive or negative correlation of HVP with the price of underlying and then take position/determine direction, this is one way to do it, I will also be using the Momentum indicator from in confluence.