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TIME

Bitcoin Action TimeSince the beginning of March, Bitcoin has formed a descending triangle pattern, where each new wave down becomes smaller and takes longer. Lets have a closer look; FIRST WAVE: Lasted 30 Days ≈ 45% Lost SECOND WAVE: Lasted 50 Days ≈ 40% Lost THIRD WAVE: Still ongoing - foretasted length is 70 Days ≈ 30% Lost The forecasted length has been calculated with the Fibonacci Time Zone indicator, applied through the high and low of the past two waves down. Cycle 3 and 8 indicate on the timeframe between the 2nd and 7th of October, which could be the end of the current cycle. If that is the case, some strong price action to be expected in the beginning of October 2018. Of course the outcome is not clear, and that is why it is important to watch the Bitcoin price during that period of time. Break above the 200 Moving Average could be an indication of the trend reversal, but break below the key support at $6k might result in a further decline towards $5-4k area.
BITFINEX:BTCUSD
by CryptoPAMM
1
BTC in a giant rising wedge w/an apex close to 1 million in 2023 Decided to look at the overall trendlines for the entirety of BTC on bitstamp on the weekly log chart and it is very very encouraging. Although it is in a giant rising wedge which will eventually break down (most likely once the bubble finally bursts) The good news is we could climb to almost 1 million per bitcoin by 2023 before that happens....of course it could break down sooner than that like many rising wedges tend to do but if it holds out until the apex the dip it would fall to would be from 900k all the way down to the 6,000s which is where we are currently in price action. Also, this strong bottom support line which has held consistent since 2012 is fastly approaching our current price action which means we should soon go up from here and not have to worry about dipping down under the current level after December. Of course this is all my opinion not financial advice I could be wrong and the strong line of support could eventually be broken although an extremely low probability. We should also get back to our all time high range by no later than the end of 2019(possibly sooner) and continue to only go up exponentially from there if the support line holds true which the past has shown us time and time again it will.
BITSTAMP:BTCUSDLong
by DrDovetail
10
Silver's Two Market Cycles: Time & Price ObservationsWhy did I make this chart? 1. I'm beyond tired of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION. 2. Also tired of Twitter and YouTube shillers making money from people's hopes. 3. Lastly, I'm tired of people searching for something in the news to explain the price rise or decline. Here's some news for you: A MARKET CYCLE DOESN'T GIVE A FUNK WHAT IS IN THE NEWS. I hope this chart presents the facts clearly. If you see any mistakes or anything interesting you wish to discuss, fire away. Thanks for viewing.
FX:XAGUSDLong
by fifty2kph
15
BTC Time and Price Analysis In this analysis I will go in the order of long-short term charting and try to explain in depth as simple and short as I can, feel free to comment below , Enjoy. So first off, what we have here is a WXY correction(Double three combination correction)e.g www.elliottwave.net And we currently have an ending diagonal triangle forming as of now e.g www.futuresmag.com Now we proceed to our price targets of the year , we now find the possible fib retracement targets Btc has for 2018 with the use of trend based Fib Taking the highs of 19k, lows of 6k , and the retracement up to 10k to find our possible last target for wave Y, which lies at the 0.5 retracement of around 4900 We then use the highs of wave b, lows of wave c, and highs of wave d to calculate possible fib retracements for our final wave E which lies at the likely target of 5160, Hence my recommended buy zone is from 4900-5160 for long term hold. Time analysis We now dive into time analysis where we take the swing high of wave b, swing low of c , and swing high of d to find the time approximate for wave E, a minimum target of 1:1-1.618(common retracement) is given in this chart which is from around September 13 to October 13. The 1.618 time retracement coincidentally meets with not only the trend line that led me to the assumption of retracement of 4900 but also meets with the 1.618 time retracement area. Hence in a nutshell my targets for lows of this year are anywhere from 4900-5100 area and i believe it will happen around October periods Hope it helped you !! Happy trading. DISCLAIMER:I am not a financial advisor and these are just my own personal opinions to give you more exposure to your last decision on whether to short or long Thank you .
BITFINEX:BTCUSDLong
by noobtrade232
Approaching Monthly support for EURUSDHere you see we are coming out of a zone of consolidation after failing to stay above the 50% retracement of weekly levels, have a H&S pattern on the weekly as well, 4H, D, W MA'S crossover for bearish sentiment and acting as resistance on 4H as we approach this monthly support. I am looking for a retest of the blue zone for a clean entry with a great risk to reward ratio reaching just before the monthly support, I believe this will be broken because of how structure looks on the monthly and weekly. Multiple time frame analysis shows bearish sentiment. Lets see if this plays out.
Short
by VoyceS
Intermediate Trading Strategy - Part 1IMPORTANT NOTE: If you are looking for a shortcut then this is not for you! This is for individuals who are enthusiastic about putting in the time and effort but may lack the structure. I plan out my trades through in depth technical analysis, risk management and market research. I believe that consistency is the most important factor in regards to trading profitably. A traders success is determined more by the consistency of their approach than it is by the quantity or quality of indicators being used. Over the long run, a consistent process combined with a sound strategy will net a disciplined trader far greater returns than the market average. If you have any questions then feel free to leave a comment or send a private message. Click here for Sawcruhteez’ Trading Process Before Making an Entry Identify Trend Higher highs and higher lows = bull market Lower highs and lower lows = bear market Lower highs and higher lows = triangle continuation pattern Equal highs and equal lows = Consolidation/Range Tyler Jenks’ Consensio Price > Short term MA > Long term MA = Bull Market -I like to use the 50 & 128 day MA’s by default for crypto. For traditional markets I use the 200 MA. -For short term price movements (1 month or less) I like to use exponential moving averages. 12 & 26 EMA for crypto and for traditional markets the 9 & 21 EMA. Welles Wilder’s ADX If ADX > 25 then trending market If ADX < 20 then no trend is present If +DI > -DI then bull trend If -DI < +DI then bear trend In extreme circumstances I will bet against the trend. This will only happen when the risk:reward is too favorable to pass up. Identify Time Horizon Investment Is this a 10+ year investment? If so then I will dollar cost average my way in and not even look at the charts or listen to the news. Investments are not meant to be babysat, they are meant to develop over time. Bet it then forget it! Position Trade Buy/sell breakouts and attempt to hold on for the duration of the trend. This is done through technical analysis and trailing stop losses. If I am in a position trade I will tend to it daily by looking at charts and managing stop losses. It is not required to ‘baby-sit’ the position by watching it all day and this approach is actively discouraged. Position traders do not concern themselves with intraday movements. Managing the position too closely will often cause traders to make mistakes they wouldn’t have otherwise such as: taking profit too early or adjusting stop losses in the heat of the moment. This is my prefered method of trading for a number of reasons. Primarily it is because I like to live a balanced life. I like to be able to set my stop loss and forget about it while I am out playing golf, skiing or at the gym. Time horizon for a position trade is often a couple months or even a year+ Swing Trade “Markets do not go straight up, nor do they go straight down.” There is an ebb and a flow to the price movements. Swing traders try to capitalize on the daily - weekly price movements. Is price at resistance? Sell. Is price at support? Buy. Swing traders have well defined price targets. They can trade within ranges or in trending markets but they generally do not hold through significant resistance in order to speculate on the price movement. If it does breakthrough resistance then they can re enter without as much risk. Day trade Mostly scalpers and high frequency robots. In traditional markets the price generally isn’t very volatile on an intra-day basis so most traders will use high leverage. This will allow them to 10X, 50X or even 100X a 1% price movement in the underlying asset. In crypto the market is volatile enough for day traders to make a very handsome profit without using leverage. This approach is still the extremely risky.
Education
by Sawcruhteez
1
Crypto Bears Still in Control Until Likely ETF Approval in SeptAs forecasted in my most recent updates, Wave-f is ending around this time and we should be beginning wave-g now. This wave will likely end sometime during September, and will likely end around 6000-4800. The key to look for will be a completed wave-g internal structure (probably a diametric) between the two time targets (Sept 1st-22nd). This time target not only coincides with the end of wave-g, it is also the time target for the end of the larger monthly wave-(d) (in orange). Based on recent news, and a possible positive ETF decision happening around that time, it seems like more consolidation on BTC is likely until then. At least one of the Direxion ETFs is likely to be approved on September 21st by the SEC. Direxion is a large ETF provider that has brought to market many complex ETF products, and was the very first provider to get 3x Leveraged ETF products approved by the SEC. Their team of experienced and sophisticated financial engineers is very likely to have noticed a shift in the SEC's stance towards cryptocurrency and would have likely been one of the first to present products that capitalizes on that. This highly experienced team would likely have not even proposed this ETF to the SEC had they not been extremely confident that it will get approved, which is why this is the first time they've proposed a Bitcoin ETF to the SEC. However, it's also possible that the ETF isn't immediately approved, but still the SEC's comments on it are very positive and paint a bright future for a future ETF to pass, which will be enough to ignite a bull run on speculation alone. We will have to wait until September 21st to know for sure what their decision is going to be, but the strong coincidence with that decision and my time target for wave-g points to a positive decision happening on that date, and crypto seeing an extremely powerful bounce that will be strong enough to begin a months-long uptrend. Also many altcoins that have not gone up as much as BTC in the last month will likely see new low prices. It's also possible that BTC briefly makes a new low, but I think it's more likely that the 5800 support will hold more or less and we'll bounce off of that in September. Regardless of how low this goes, it definitely seems like the timing for the end of this correction is perfect for September 21st, and we may be two short months away from an epic bull run that could take BTC to well over 100k, and take many other cryptocurrencies even higher in terms of percent-gains over the following 9 months.
COINBASE:BTCUSD
by Intuit
50
Storj Coin Action TimeStrorj has been steadily declining since 3rd of may, and already lost 70% to the USD. Price has moved down from $1.33 to the $0.4 low. STORJ/USD almost reached the 127.2% Fibonacci support level at $0.38, but failed to couch it. In any case trend remains bearish as price still moves within the descending channel, and recently rejected the upper trendline, suggesting the continuation of the downtrend. At the same time it seems that currently price started to consolidate, between $0.4 support and $0.55 resistance. The range trading could continue, but the interesting timing is the 4th of September, which is 8th period of the Fibonacci Time Zone indicator. Around that day, price might start showing some signs of a trend which could help to reveal further direction. There are multiple scenarios that should be expected, but only break above the resistance or below the support could be the trigger for the next STORJ move. If $0.38 support is broken, price is likely to go down further, to test 161.8% Fibs at $0.12. But if the resistance is broken, this might be the first sign of a potential trend reversal.
S
by CryptoPAMM
NAsdaq: Super Long Term View using Gann Time CyclesSuper-Long Term View of World Markets Back to the Source The Daddy Cycle The Faangs (+ Microsoft) make Nasdaq run. Nasdaq in turn makes the SandP run (but not the Dow which is internationally based). The SandP in turn makes FTSE and Dax and Nikkei run. Not always but usually so. So what is good for Goog and FB and Amzn and Aapl and Msft and Nflx is good for world markets too due to the invisible algo/thread that inter-twines most major markets in 2018. This chart below shows the Gann master time cycles working very clearly and very accurately so far this century through the main driver of nearly all major markets - the little used Nasdaq composite index. We can see that the mid-term cycle high reached at the beginning of this year fell just days after the time cycle high was reached, creating the first significant (over 10%) decline since the last cycle high was reached which in turn created the first significant correction (21%) since the Euro problem lows of 2011. Looking at the longer term we can see that the mid cycle high point has been broken. The next cycle high is due on 27.7.20 - look for the next standard deviation of 9-11% minimum at that point and a maximum of 19-21%. The pattern suggests it will still be the correct policy to buy that dip. The grand cycle high point arrrives on 13.2.23 when all holdings should be sold into the final high at which point prices should roughly halve in value during the ensuing 2 year bear market. The future is a J curve. Back in the day of robber barons men would find oil or gold and sell it and hoard the proceeds - now they tend to re-invest profits in AI and the future. And the more they invest in the quest for ultimate domination the faster the future comes at us. Why fight this trend? It's a buy dips market through to early 2023 according to this chart.
NASDAQ:IXICLong
by sumastardon
2
Follow Up to March 19th Fibonacci Time Scale IdeaI published an Idea on March 19th pointing out the occurrence of BTC crashes on Fibonacci time scale lines. Most everyone using TA uses Fibonacci levels for retracement and extension of price right? So are Fibonacci time based markers useful? If the projected time range (May 12-16) produces another "event" then I'd say so. Stay tuned... In the meantime, I've been looking at alot of TA since the BTC turnaround and much of what I read wants to define the price movement LINEARLY through "channels" and "Wedges". When I look a the same data I mostly see CURVES. I see non-linear movement. This becomes, to me, more apparent when looking at much longer time frames. On this graph there are three curves that I've fit to the price movement. #1 and #2 are somewhat flexible depending on the chosen points but #3 fits really well. What I am interested in seeing from here is how well (or not) price follows the curve(s) and then how price/curves/Fibonacci time line all intersect. This is NOT a predicition. I see things that I find interesting/not the norm in TA sometimes and I share them. Do with it what you will. As always, comments are welcome and I hope that your BTC count increases!
COINBASE:BTCUSDLong
by drake7
Everybody is bullish again. That's because their not seeing thisHi friends, First of, I am actually bullish long term. However, short term we do still have some hurdles to conquer. For this reason, I still remain neutral to bearish short term. So let's take a look at what I've got here. You can see that Litecoin has fallen out of an important ascending channel (outlined in BLACK). At almost the same time, we also fell back under the 200dma. We're also under 58 on RSI, an important number as is 54, which we're currently just under and flirting with. My suspicion is that little Litecoin just wants to kiss daddy 50 and mommy 200 one last time before a final send off into next year. Be ready for that final discount window to open buyers. Peace and happy trades.
COINBASE:LTCUSD
by stewdamus
6
Interesting Curve FittingBack on March 19, 2018 I published an idea that simply pointed out the unique alignment of BTC price crashes with the Fibbonacci time scale. We refer to the Fibbonacci levels all the time regarding price levels so maybe the time component has something to reveal as well? Since the recent price reversal I see alot of TA that uses "channels" and "wedges" to establish boundaries for and to predict price movement. When I look at the same charts I see curvature, not linearity. I have fitted 3 curves to the 4hr price chart to highlight what I see. Curves #1 and #2 can be changed slightly depending on chosen endpoints but they wont vary by much. Curve #3 however is a really good fit and its so interesting to me how it so nicely fits with the bottoms of price movement. My Fibbonacci time target is only a few days ahead of us now and I am so very interested in seeing IF that day (range) holds any surprises AND how the curvature I've pointed out plays out as we hit the Fibonacci date(s). This idea is NOT a prediction. I like to share some of what I see and find interesting. Thoughts and comments are always welcome.
COINBASE:BTCUSDLong
by drake7