BTCOIN and WHAT we NEED for a BULL-RUN!#OverviewHey cryptoheads,
welcome to antother analysis of Bitcoin.
In this chart we keep it very simple and look at the price-action, time-cycles and commin indicators.
All I want is to make sure that you guys don`t freak the hell out and buy the peaks.
Stay calm and rational in order to make good decisions.
In order to see a wealthy uptrend we need to see the folowing things:
1. S&R-Flips of Trendline and FAN.
2. A cross above the respected 50 M/A.
3. A strong bullish Time-Cycle
4. Higher Highs and Higher Lows
Everything else I wanna say is indicated in the chart.
Good Luck everyone. Let`s hope the King is Cryptomaniac has recovered. :-)
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Timecycles
USD/JPY: Weekly overview! SOMETHING BIG is going to happen!Hey tradomaniacs,
welcome to another weekly overview of USD/JPY!
Everything I wanna say is shown in the chart!
The current picture is very bullish since we`ve created the first Trend-Following-Pattern in the big Time-Frame after a very strong rally!
I`ll post a chart of the smaller timeframe right below in the update-section soon!
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NASDAQ - NQ1! - Arcane Gann Wisdom The Full MapI share these Gann setup's quite often but people don't really seem to understand or have to knowledge what these geometry structures mean. Basically the Gann Square creates angles that reveal where value and time grow according to certain ratio's. The 45 degree Gann Angle is the most famous where value and time make a perfect 1:1 ratio, above this line value is dominant in momentum and below time is dominant. NASDAQ is currently hitting the 3/4 time target of the Gann Square and we see it's also hitting a resistance angle projected from ATH to the 50% price at 100% time values.
Try to study it, experiment, gann square can be really powerful!
January 2019 - Something is about to HAPPEN!#RocketShot inc.?Hey tradomaniacs,
Just a quick overview. :-)
uff.. what a hard time. But a good time to stack your Bitcoins?
Math don`t lie - We gonna reach the sky?
Will Bitcoin hold the Trendline? Or will we crash before big institutions are willing to buy and stack Bitcoins?
Will the King of Cryptomania last? Or is someone else about to take over the throne of the Bitcoin?
We will see. :-)
Peace and happy trading
Irasor
Trading2ez
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Any questions? PM me. :-)
DE30 Time cycle and technical.Let's start with the starting point in my analysis, at february 2016, where we had an increase of 49,15% of the price. this was a long term bull run, that continued until april 2017. afterwards the price started to react to the bull run, and wanted to make a correction, price failed to do so, and we got a new all time high, where we actually have been in a range market since then.
if you look closely the price have made a new higher high before falling again to support area at 12,000 ish. all the increases is marked with red boxes, and all of them have almost parallel factors, the first is 60 days long with an 7,98% increase of the price, where the second we have 58 Days with an increase of 12,31%, the third and last short term uptrend is 62 days, with a 12,64% increase of the price.
In the yellow boxes we have the first one with 78 days and a decrease of 8,19% of the price. The second yellow box we have 83 days and a decrease of 6,22% of the price. where the green box is 59 days with 13,86% decrease of the price.
The curves above price represent a H&S pattern, while the purple arrows is measuring the timeline for the formation of the shoulders and the head, where the right shoulder have just finished. The purple arrows actually predicted when the decrease in price was beginning.
So what can we expect from the technical view? the question is how far will it fall and when will it recover, either we can trust the purple arrows and expect the price to go back to 11,600 ish before going further for a all time high. Or we can look at the starting point from february 2016 and expect the price to fall as low as 9,000 -8,700. but before that happens we have strong support areas that the price needs to break. if the price should fall to 9000 - 8,700 than it needs to break 10,800.
other key levels will be, 12,200, 11,900, 11,450, 11,000, 10,800, 10,400, 10,000, 9,800
In RSI we also have hidden bearish divergence from the all time high to the latest high. This is a sign of weakness, and are often found during retracements in a downtrend.
And of course we have the fundamentals that is also needed to be taking in count. looking at the trade tensions, Eurozone economies, and Euro countries that is questioning the euro membership and the Euro as a single currency. besides that we have economies that needs to be watched closely, Greece, Italy, and Spain. Where quantitative easing program is ending sooner or later, while increase in the fund rate is expected around september 2019 for EU. all this factors is critical for the Germany index, and can be devastating for the price, if trade tensions and political uncertainty against Euro is not solved, we could se prices as low as 9000€
EURUSD (EURO) Big Picture: How Could This Possibly Happen???EURUSD (EURO) 042418 7:50 pm.
Hi trader friends, since this chart picture should replace a million words...
Either the EURUSD topped or it is in a lower degree 4th Wave triangle with only one more pop up to a top, then down for 4-18 months once the top is confirmed.
Whether its a triangle with one more high or the 5th Wave already top, is likely to be resolved this week.
I expect one more wave lower on the intra-day charts to touch the lower trend-line of what may be a triangle within 1-3 days.
Then, the EURUSD will likely bounce in a small corrective rally, meaning a huge down move is imminent.
Or, the bounce will have conviction and break the upper triangle resistance for one more impulse wave high, then tank into a Wave 2 low months or longer away.
After the Wave 2 low in likely 4-18 months from now, then somehow, the US Dollar will likely be in deep trouble as the EURUSD should have a substantial rally for several years, if this is correct..
DISCLOSURE:
This analysis is meant for educational purposes only. You trade at your own risk!
Michael Mansfield CIO
(ADA) TA looks good, but the fundamentals are even better!Alright folks we've got a nice double hitter today!
I always love when emerging chart patterns are coupled with trending news that confirm the analysis.
For those of you that dont know: Cardano just finished their first audit, and released the study highlighting a renewed concentration on bolstering the back end and stepping up their engineering efforts to the Cardano system.
It's no earth shattering game changer, but in a sea of pump and dump coins advancements like this are key to a projects longevity.
Alright, so you know the basics of the fundamentals driving my bullishness, now on to the TA!
Not currently relevant but this cardano trend shift is a great example of "patterns within patterns" as we can see from the two opposing angular minor double bottoms which form the major double (triple-ish) bottom.
We had a nice clean 5 wave elliot wave up.
The peak of the fifth wave up smacked the 100% retrace and failed to breakthrough.
Price also rebounded off 78% retrace, giving us a nice clear range to work within for breakouts.
Cup has been forming since March 21st, and its a very clean one, near perfect symmetry with a break at nearly the same price as the initial peak.
We finally got that EMA crossover everyones been looking for.
Approaching historical trend cycle point, overhead resistance, and 78% retrace.
There may be a bit of a struggle to over take the overhead resistance, but if we break out we could see a nice handle rally up towards the 127% extension.
True strength has been laying down new higher lows since March 30th, looking for a new swing within 24 hours.
As we can see from the OBV, volume is still at a major high.
The stochastic RSI of the volume however is consolidating down near the twenty line. Paired with the volume stabilizing at a new high level this is very promising.
Plan of attack:
Look for new TSI swing low
Ladder in from .20 to .2225
Stop loss at .21 after 100% retrace break out.
laddered exit around 127% or 168% retrace depending on trends strength when that level is reached.
This analysis is meant for purely educational purposes, and whether you choose to trade on it or not is entirely on you!
Good luck and happy trading fellow cryptoheads!
Austin Doyle
CTO
USDJPY long, target 120On the weekly, the CMI is going from oversold conditions and trending higher, daily shows an inverse head and shoulders pattern. Daily also shows a bullish Gartley completed nearly exactly on the close of Friday.
Pivot in time coincides with a culmination of a series of time cycles in Gann’s theories. Moon phase should be a moot condition due to the downtrend.
Friday closes within a few days of 135 day of Ganns 135 count. The behavior of this cycle is that if a swing high was found 45 days ago (which was 90 days from the major swing), then we are also 45 days from the high made at the 90day mark. Fast trend moves can start.