Get started

History

Still saying the same thing for 2 months. Notice Me SenpaiThe trend continues...guess a lot of people didn't see what was right in front of them. Tried to heed the warning, but I know I helped a few save some money before the drops. Thank you for your support. Always here to drop some quotes, facts or opinions to consider when making decisions. The methods that traders use in the stock market work better then the same methods applied to crypto. There may not be a statistic out there to prove this, however if you notice around you a lot of youtubers, people here on trading view, and I all use some of the methods applied in traditional markets. Example: Elliot waves, Fibonacci, rsi readings, macd, etc. BTC is however a little manipulated at the moment, so these theories and tactics become a lot more difficult and less predictable. This being the case, then the best thing I believe you should be doing in this situation is look into the past. There will be time for a lot of these methods, but for now you should be looking at previous graphs of BTC, DOTCOM, any examples of market crashes or corrections in the past. What is the reason for these crashes? How far do these crashes retrace? These examples are what bring me to my conclusions. Remember BTC is around 20x - 30x faster than the stock market, The crash of DOTCOM looks almost identical to this BTC bubble crash. I'm not an expert on the crypto market, but was Ash Ketchum an expert? Or was he a boy who wanted to be the very best? May The Trends Be With You! -------- Please like, share, comment!! - Furious
BITFINEX:BTCUSD
by furiousmiguel
Bitcoin's Bull/Bear Streak HistoryOn the one-day chart, I counted how long each of Bitcoin's streaks were. How long were the up streaks and how long were the down streaks. Some subjective, but understandable, criteria was added. Lone doji's are not factored in. Doji's in between streaks are ignored because I think most traders would have the patience to hold for a day, especially if it meant more growth the next few days. For example, if a 4day bear trend growth was 1% / 1% / 2% / 3%, I wouldn't count the first two because that is not enough confirmation but if they were in between a stretch of growth, they would be considered because this chart is based on when to hold and when to sell. Duration is measured over ROI because traders care about how long they need to hold and how long they need to abstain. If you observed any interesting trends out of this, please let me know in the comments. One I've observed is symmetry, perhaps having to do with phases of accumulation and distribution. How many days a market surges can give us an indication of how many days it corrects. If a market is forming a reversal, we can set our expectations within the ballpark range of how many days it took to top. Another observation I made is that streaks were longer than I thought they would be. I assumed that the market appeared to have a few bull days followed by a few bear days but this is only because my bias of checking the market more than once a day, and at different times. For example, if a market is bearish for two days in a row, it may start to be bullish on the first half of the 3rd day, but it goes down during the afternoon and night.
BITFINEX:BTCUSDLong
by dfsemeraro
GOLD To Break up or down? History tells us down.Quick analysis for a friend. A daily close above the blue line would be bullish. A daily close below the red line would be bearish. History shows a similar pattern that went bearish. I wouldn't open a position until there is a close above one of those lines. If the RSI drops below 30 I wouldn't take a short position. If the RSI manages to work it's way down into the low 30s AND there is a daily close above 1375 that would be extremely bullish. Keep an eye on the DXY and geopolitical issues that could affect the dollar, as gold like many commodities have an inverse relationship to the DXY.
TVC:GOLD
by MJDombi
Analysis: last 20 years of fundamentalsI've been studying the markets since 2006. I always loved to collect data and trying to find patterns, fluxes, correlation, decorrelation, shifts in models... Well, with some of the data I found available at TV, this is a quick analysis for the last 20 years (almost). 1) Notice interest rates, price of gold and commodities are NOT CORRELATED at all, there is no correlation and is based on empirical data. So everytime you hear/read anybody repeating this FALLACY, respond accordingly. Actually, one could easily say that RATE HIKES use to cause rise in commodities as clearly visible in 1-2 and since 5. Also notice that until 3rd mark, monetary base was rising constantly but at a reasonable pace. 2) Rates starting to be lowered in reaction to the increasing delinquency in the housing market. Commodities rise. Monetary base, steady growth but contained. 3) Rates to lowest values in history, markets going down, risk OFF scenario, commodities tanking, later to rise on monetary base skyrocketing (QE1). 4) QE2 halted, commodities started ranging. 5) QE3 printing started, commodities and gold DECREASING. What happened? Where has all that money gone? Rate stood negative (adjusting by inflation) 6) After rumors, the new price fix magically started a new trend for gold, commodities and apparently forced FED to start increasing rates to avoid inflation to rise (egg vs chicken, who's first?). Apparently Shanghai Gold Exchange new benchmark denominated in yuan made it harder to manipulate gold and commodities prices overall. USA is now limited in abusive money printing and some variables start to adjust and normalize. Questions: Which data do you think brings some answers to question No 5 about where might have all that money gone to during the shift? What could happen to stock and bonds markets once rates rise resulting in an inverted yield curve? Where is gold price more likely to head after these variables adjust? Could we be entering a new high commodity prices cycle? How much could it last? What would happen to inflation? What about the world's benchmark currency (USD)?
TVC:GOLD
by cacus
What can bitcoin's past tell us about the future?The history of bitcoin gives a lot of information about what might happen in the future. Certain events trigger price movements and by analyzing them we might be better prepared judging events and news in the future. 2017 has been a great year for bitcoin and we've seen bitcoin reach great heights, but at the same time there has been lots of uncertainty. This shows bitcoin rarely drops down out of thin air. There's usually news or an event triggering the drop or rise. Also when bitcoin is struggling to break resistance, a news event often helps to break resistance and reach new heights. This shows 'Buy the rumor, sell the news' can definitely be profitable in this emotional market. I hope this reminds you to stay on top of whatever is happening in crypto world. Also remember that results achieved in the past give no guarantees for the future.
BITSTAMP:BTCUSD
by Schaap
6
BTC - Making history again? 10x TheorySo many calls for the 7-8k range being the top for BTC and a large correction coming imminently. Its very easy to read into the chart that we are very near completing Wave 5 in an Elliot Wave pattern, I myself see this clearly when I read the charts, it practically screams this out, its clear and perfect looking. I want to discuss the possibility that perhaps we are nearing the top of wave 3 in Elliot wave, due a downward correction of wave 4, but with a continued push higher on the final impulse wave to the 10k range. Sometimes was have to make the TA fit the reality of the situation more than the other way around. TA is not an exact process, rather a mix of science, art, math, and a little bit of luck at times. Perhaps history does repeat itself. When you look back to October of 2013, BTCUSD was price was about 120 BTC/USD, by Nov 29th 2013 it peaked at 1126, a near 10x gain before ultimatley pulling back about 50% from the high and then entering a bear phase until October 2013. I am hoping we do not enter a 2 year bear market for BTCUSD. But like all things on the earth markets too are affected by gravity and when it feels like there is no way it will correct, it will. My take is we will consolidate and build a base here in the low 7k range for a short period. BTC/USD will make a go at 8k and perhaps make it up to 8,000-8,500 range before ultimately failing and then falling to form the 4th wave down trend, falling to 6k -6,500 range. Then it will make a final bull run of this cycle to 10k area before the cycle correction is started. I am biased long for now waiting for a break above 7410 to add to long. www.coinkind.com
BITSTAMP:BTCUSDLong
by lewistz
7
LTCUSD AnalysisOver the past few days, approximately since September 15th, Litecoin has been holding steady within a price range of $45 & $57. Safe to say since the last dip that resulted in a low that hadn't been visited since mid-June is that LTC is in consolidation as a number of traders and investors exited early after the high volume peak on 15th September. Uncertainty within the market was expected after the BTC price correction that we recently went through but the relative strength of LTC has proven certain limits that the price will bottom out at and reverse. We've been looking at steady support at the 0.786 retracement level and an acknowledged resistance at the 0.618 retracement level. Since the last dip that saw bears drive down price to $32 on the wick, LTC has attempted a slight uptrend giving me reason to acknowledge an ascending triangle. This at the current moment still needs solid validation as to whether the price will remain within the minor uptrend or if the price will revisit the 0.618 retracement level at $45 before reversal and breakout past the 0.618 reatracement level at $55. We'll be paying attention to where the candlesticks close today. Based on the consolidation history prior to August 20th, its evident that the price levels during consolidation had a slight uptick on support as buyers confidence was renewed before the breakout. Our current consolidation pattern shows us two things: 1. The price will find support at the 0.786 level before reversal toward 0.618. 2. The price will conform to our ascending triangle and find resistance at 0.618 before revisiting 0.786 and potential breakout toward our previous $90 high. Shorting the current price with a S.L of $55 and a T.P of $46 would be a solid move on the consolidation trend. Going long with a S.L of $46 and a T.P of $56 would also be a solid move based on the current trend. Whether LTC will break past the resistance at $57 remains to be seen. A break and candlestick close above the 0.618 retracement level would signal a potential breakout. Support at $45 looks strong and would take a lot of traders leaving LTC to break and close below the 0.786 level.
BITFINEX:LTCUSD
by doomnometron
ETH AGAINST ALLThis is my second Ethereum chart. Ethereum against the BTC growing power, the hackers, the hard forks, ETC, DAO, ZEC, REP. In summary, Ethereum against Ethereum. I am talking about TRUST and all the weight that this word represents. I pointed out with vertical lines the most significant highs and lows and they dates, supports and resistances. The two dotted red lines are very important to my point of view. Huge loss of volume and the free fall since 09/2016. The yellow line are the BTC/USD and how much it affected the last time to ether On the first ETH chart a saw a inflection point, as well as a possible change in the trend, but on different time frames, I don´t look a defined north, signs or vestiges of weakness and I can not confirm the rebirth of this currency technically yet. Thanks for your time!
Long
by AndresThomasShirakawa
Dow Jones Industrial Avg Held in Neutral Consolidated Position BREAKOUTS & RUN As we look over market history in the U.S. and other equity markets, we see long standing fits and starts. Ranges in these starts are extremely bullish, seeing breakouts of more than 2000% over 25 year periods. After breakouts markets always and eventually consolidate before they turn there next break. Post 1930's Great Depression U.S. market grew by 2405% before consolidating in the late 1950's for 23 years into the early 1980's. Top end resistance area is 1,000, which was tested many times over in the 60 all the way through 70's and eventually breaking out in 1983. The 80's brought us the computer age, which lead us down the path of internet and micronization along with digitalization into 21st century. Markets priced in our new found improvements resulting in a 2104% market movement 1983-2000. CONSOLIDATION Our current equity status is consolidation. From previous market history, we can see these periods can last a quarter century or slightly longer. I'm expecting at least another 5 to 15 years of consolidation with a pinnacle trough, which we've already seen (2007-09), to reach 65%. Our top end resistance area is 17,500, which was met already in early 2015 and will most likely be tested once or twice more. Predicted Breakout won't occur until 2020 or much later, 2030. Given the magnitude of the deep consolidated trough (2007-09), I would assume sooner rather than later.
DJ:DJI
by QuantitativeExhaustion
2
USDCHF to go down if it reaches 0.89048 Based on Structure's and Fibonacci confluence, channel,... If ADP Nonfarm Employment Change is better than expected and if Fed Chair Yellen Speach drives the pair up it could soon reach 0.89048 if these things don't drive up USDCHF it could still reach 0.89048 and then there would be a shorting opportunity. Then ==> I will open a short position and place my stop lose and take profit orders as can be seen in the screenshot. ( www.investing.com )
Short
by Wizard
1
Yet Another Repeating History PatternThis was an interesting chart that I did. I have been busy and rather lazy since I did my last TA on that bull rectangle (apparently not a "flag" but w/e). At first when I fired up the chart I thought I would pull up some standard indicators that I use. When I opened the chart on 4H with BB on I was looking at how we were contracting into even tighter ranges. I got an idea to take a look at the 1D chart to see if I would see some type of repeating history. Well what I found is now laid before you on this chart. Some of the first things I saw when looking at this chart were the fact the the rapid drop we had a few months back looked similar to the one almost a year ago. I then noticed that the BB contractions were doing the same thing. Next both StochRSI and Stoch were in the same zone as they were back then. "Odd," I thought to myself since it seems like there have been many patterns in Bitcoin's history. The date range and the price range just solidified it all together. The question remains: Will it continue on the trajectory like it did before? Now I had to think like an irrational market to come up with this one. My thoughts is that it is likely to go sideways for a little. Maybe a few weeks. Yet, watch for slow and noticeable moves up. Say moving up $5 per day at first then to $10. When you see this a break will likely happen and things will start moving again. Want more? I did some thoughts on peer-to-peer mining pool P2Pool and something small about a dean's prediction for $120 around this time. www.allbitcointa.cu.cc
BITSTAMP:BTCUSD
by ItisCalvin
4