13k Q4 2022; Sept 2024 160k. analysis since day 1 of BTCThis is a very detailed analysis by Dia, I won't post till Q4 2022.
- I see believe in 4 year cycles, average bull cycle is 800 days, and average bear market is 400 days, the other 200 I called ''neutral'' days where market switches between them.
- Macro economics are very bearish , including stocks, more downside is definitely expected to keep inflation under control, SP500 is big bull channel ready to break down
- TOTAL crypto cap is 914 b, next support is at 755 and 455 respectively, current crypto cap will not hold and 50% correction is definitely on the table (ascending wedge )
- The entire 30 to 60k symmetrical triangle structure has broken down, I notice every time a support line of previous bull run is broken, the last one will become support (the dotted lines). This is a very ugly break down and if people say bitcoin is DEAD and they show this chart, they can be right for the first time in history.
- the 30k and 60k triangle can be manipulated into a falling wedge , that coinicides with Q4 of every 4th year of bull run being the bottom and support line from previous bull run touching there exactly to the point
-looking at rsi we still actually just entered bear market territory (monthly stoch rsi under 10), bear market is around 40 to 50% finished. Still have a year or so to go roughly
CURRENT STRATEGY
DO NOT TRY TO TRADE IT (I shorted FLM and UNFI and lost 76% of my portfolio in 1 month)! Between now and end of 2022, DCA in coins, tokens that you believe in and look strong. THIS IS THE OPPORTUNITY OF YOUR LIFE!
DIA
Some Sort of a Low (DIA...'The Dow')DIA has been the ‘tell’ so far in 2022. Recall that 295 was marked as a big number and Friday’s low was 296.39. Close enough! Friday’s low was right on the channel line and a hair above the 200 week average (thick red line). After today’s strong action, my view is that the long side is viable until further notice.
-Jamie Saettele
DIA Historical CorrectionsThis is a macro perspective on the cycles of DIA.
I want to focus on all time highs and the corrections that come after.
Currently DIA is sitting at about a 19% decrease from all time high value.
As the chart suggests, this market could drop even further. Don't be surprised if it does. These things happen.
BTC will bottom at 12k, accumulation 12k and 19k, 2025 135kIf we break 20k and flip it to resistance then we will indeed go to 12k levels, where there is big support.
This is possible from fundamental analysis
1. more rate hikes for about three quarters
2. stock market has not bottomed out, there is support coming in, though
3. borrow protocols like celsius and 3ac who needs to be liquidated
4. 4 year cycle respected
Adam and Eve inverted pattern is also very strong, don't underestimate it
TOP WAVE STRUCTURE STILL WORKING As we come closer to the end of the first leg down in the Bear Market . We are setup for a monster rally of 11 to 14% My last call was 5.8 to 10.8 and we popped 9.2 to 10.3 . The real crash is still into oct 4 th week That will be anywhere from 3250 to 2250 with the ideal target in the 2770 area . AS I FEEL THE US $ IS TOPPING NOW . BITCOIN i TOOK A LONG AT 23600 AND WILL ADD AT 18600
2009 till 2022, bullish channel, where we bottom by DIAAlright, so we can clearly see a bullish channel since 2009. During a bear market or stock sell offs, we deviated temporarily from the trend line ;there is no support there at the moment, or maybe we go more sideways. This could mean bottom is if we break 3700, 3311 swift capitulation, then bounce to 3600.
$DIA/BTC 2D (Binance Spot) Bug falling wedge on supportDecentralised Information Asset looks bottomed here, we expect that dip to be the last then finally start the reversal.
Current Price= 0.00002656
Buy Entry= 0.00002665 - 0.00002405
Take Profit= 0.00004054 | 0.00005321 | 0.00007541
Stop Loss= 0.00001927
Risk/Reward= 1:2.5 | 1:4.58 | 1:8.23
Expected Profit= +59.92% | +109.90% | +197.48%
Possible Loss= -23.98%
Fib. Retracement= 0.382 | 0.559 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 6 months
Website: www.diadata.org
Contracts:
#ERC20 0x84ca8bc7997272c7cfb4d0cd3d55cd942b3c9419
#BEP20 0x99956d38059cf7beda96ec91aa7bb2477e0901dd
BTC bottom either 8.9k or 19k. Advanced data from previous cycleScenario 1
Scenario 1 is we make cup and handle above 19k, then back to near ATH next year, this is possible since rsi is already oversold, but, btc.d shows more dump can come since alts are overvalued
Scenario 2 is we retest 9 to 10k then resistance around 30k. It would make most sense, but I think we got a good support at 19k.
I am getting this data from previous bull runs.
Greetings, Dia
DIA with nice pump to volume resistance $1.17DIA with nice pump to volume resistance $1.17 - a bounce lower very likely.
At $0.39 we have a rejection volume support (huge dump followed by huge pump).
If price comes back this level should support.
What do you think?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Why so much volatility at the current price levels for S&P???IMO it is because the S&P is testing the center line of the purple channel as support. This trend line has been the core support for the S&P since 2009. You can clearly see this support in the chart. If the bull rally is to survive, then it needs to hold this line. What you are seeing right now is a classic case of the algorithms and hedge funds fighting over which direction to go. It seems that the recent miss of expectations from both Target and Walmart are pointing to a breakdown of support here. If support is lost, then the next major support trend line is the center of the blue channel and most likely the bottom of the purple channel. Don't be surprised if we have a meltdown that looks like 2008 or 2020 before we hit that level. Also don't be surprised if breakdown more over the next week and then see a relief rally to test the purple centerline to see if it becomes resistance and not support. I think we all would like to see it bounce from here and test the bottom of the green channel, but the headwinds are strong, and I don't think unlikely.
1W
1D with 20 day VWMA and 200 day sma
4h
Iron Condor DIA 13 May 2022DIA 13 May 2022
The current implied volatility is at 24.22%/year
So that converted into daily is 1.52%
Since we are in need of the open price for the highest accuracy, I am going to take the current price
which is 320.6(you can also wait for the opening price and take +- 5 points from the open candle value)
So based on that our channel for today is going to be compressed with a probability chance of 85% within
TOP 325.5
BOT 315.5
From fundamental point, today we have no big volatility news that can impact our asset.
At the same time the current values are expected to be sidemarket/bullish.
At the same the weekly expected channel top and bot values for DIA were
TOP 335
BOT 314
S&P 500 closes gap from April 5th, 2021 & at mid-line of channelYesterday's big sell off allowed the S&P to close the gap it created back on April 5th, 2021. You can also see that it is right around the mid-line of the 2009+ trading channel. History shows that the mid-line should provide some support and that we may move sideways along this line until market decides if it is going to bounce up or break down.
20 day VWMA and 200 day SMA