CYCLE 4 | LOG Trend Lines Chart - For Fun!Quick post looking at how BTC has historically respected 'log trend lines and how they may affect BTC future price action.
Will be fun to see how this model holds up over cycle 4 and future BTC cycles (view on a computer and use the future price action tools to see what happened past todays post date).
Cycle
Wyckoff Cycle - Practical Example (SUI)Dear TradingView community and fellow traders,
I am Richard, also known as theSignalyst.
I find the SUI daily chart to be intriguing as it appears to be following the famous Wyckoff Cycle.
I would like to apply Richard Wyckoff's four market stages/phases to this chart for analysis as a practical example.
1️⃣ Accumulation
SUI rejected the $0.50 round number and entered an accumulation phase, consolidating for several months.
2️⃣ MarkUp
After breaking above the accumulation range at $1, SUI kicked off the markup phase.
3️⃣ Distribution
SUI found resistance at the $5.50 round number, with the lower bound of its range near $4—forming a wide distribution phase.
4️⃣ MarkDown
Once SUI broke below the $4 major low and exited the distribution zone, it transitioned into the markdown phase.
🔄🔄🔄🔄🔄⬇️
1️⃣ Accumulation
After finding support around the $2 round number, SUI hovered within a range, forming another accumulation phase.
2️⃣ MarkUp
We're here 🙂 This week, SUI broke above the $2.80 major high and the accumulation range—signaling the beginning of a new markup phase.
❓ What's next?
Will SUI continue to trade higher from here, or will this cycle play out differently?
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard
TheKing Cycles- Nothing can be perfect in Life or in Trading, but you can always brighten up your day.
- Remember "Cycles are Cycles"
- Everything is in graph
- You can follow bears, predicting 10 years of recession, but we are in a big recession and for a long time already.
- You can fall in the deep and predict the darkness.
- i like to see the sunshine in the morning and i will always radiate warmth.
- Follow Hope, and always believe in your own judgement.
- Be Bold and do the opposite of what commons peoples think.
Happy Tr4Ding !
Ethereum has been highly volatile and is rapidly losing value.Ethereum has been highly volatile and is rapidly losing value. This is not only due to actions taken by Trump but also because of the looming recession that many analysts are predicting. But will this recession truly materialize, and if so, will it also impact the crypto market?
The recession is most likely to continue affecting traditional markets, especially financial firms. Tech companies have already suffered significantly and may face an additional decline of up to 20%. Ethereum will also be affected, as it is not classified as a digital currency but rather as an asset—primarily due to U.S. regulatory policies.
This means Ethereum is tied to recessionary trends. Since the crypto market hasn't yet entered its own growth cycle, which is still expected to come, we may still see a short-term drop in price down to around $831. After that, our mid-term price targets are up to $2,460.
Sell in May, if you're g....ame to miss out.
Bitcoin needs to reach a 60 day cycle high above $90k AND close the next 60 day cycle above ~84k to stand a chance at keeping hopes for a right-translated cycle alive.
Failure to do this will make the previous top of $109k look much stronger as the left-translated cycle top and crush many dreams.
Even if momentum for a right-translated top stays alive through these targets in the 60 day cycle, most people are delusional calling for highs of $169k - $250k, these expectations are baked in and will likely not be reached--too much complacency on these price targets.
If we do see a right-translated cycle top towards November of this year, it's likely the top will be just barely higher than previous ATH and crush many expectations. Many will fail to take profits and will get stuck bag-holding for 4 years.
Squawk! Bitcoin Longer, Larger, and Exponentially Growing Cycle!Squawk! Bitcoin Longer, Larger, and Exponentially Growing Cycle!
Bitcoins market cycle is expanding, lasting longer than most anticipate! As price channels widen over time, the scale of each move grows exponentially, extending both the peaks and the troughs! It’s Squawktasticly bigger!
Why the Bitcoin Pi Cycle Indicator will not trigger this cycleIn this post, we’ll take a closer look at the Pi Cycle Indicator and explain why we believe it is unlikely to trigger in this cycle. Instead, we present an alternative signal that may better indicate the true Bitcoin top.
Understanding the Pi Cycle Indicator
The Pi Cycle Indicator has historically been highly accurate in predicting Bitcoin cycle tops. It consists of two simple moving averages:
The 111-day simple moving average (SMA) (blue)
The 350-day simple moving average (SMA) multiplied by two (green)
A signal is generated when the 111-day SMA crosses above the multiplied 350-day SMA, which is marked by a red vertical line.
Why This Signal Alone Isn’t Enough
While this signal has been useful in the past, we believe it doesn't provide the full picture—specifically, it doesn’t indicate how strong the crossover is. By transforming this indicator into an oscillator that measures the ratio between these two moving averages, we gain a more nuanced perspective:
In the chart, the green line represents the ratio between the two moving averages. When it crosses above the red horizontal line (ratio > 1), a Pi Cycle signal occurs (marked by a red vertical line). Notably, the 2017 signal was significantly stronger than the 2021 signal, suggesting a pattern of diminishing returns. We highly recommend checking out our post on diminishing returns and the overall timeline for the current cycle here . Additionally, we've developed our own Bitcoin model that factors in the effects of diminishing returns. Check it out here .
The TRUE cycle top signal
The key question is whether this diminishing return is strong enough to prevent a signal from forming in this cycle. Based on our analysis, we believe it is.
By extrapolating this trend into the future using a white diagonal trend line, it becomes clear that the ratio will likely remain below 1, meaning no crossover is expected this cycle.
Instead, we anticipate that the next Bitcoin top will occur at a ratio of approximately 0.9 , as indicated by the orange area on the chart.
In summary, while the Pi Cycle Indicator has been a reliable tool in previous cycles, its diminishing strength suggests that it may not trigger this time. Rather than relying solely on this metric, we suggest considering looking deeper into the true value of this indicator instead.
Are we building a possible Super-Cycle & leave the 4-year cycleChart shows comparison to the last two cycles which have been scaled to match this cycle.
With all the differences this cycle has offered, the early run before the halving, the long drawn out mini bear market retracements, but yet all the bullish news for Bitcoin and Crypto from here on out in the U.S.A, might we not experience a traditional bear market and instead play out a Super Cycle instead? It seems to me like this is, or could be playing out like the beginning of a Super Cycle. A move that takes Bitcoin into the millions. Just the same large parabolic run, similar when you zoom out and view the traditional Dow/S&P Stock Market as a whole since the 1980s. I suppose the absence of a deep and long bear market could be another clue that indicates this theory, until then it's just a theory and time will tell all....
Chart looks identical to May 2021...may be in for some hurtJust a simple low IQ comparison. Looking at the weekly circa May 2021 looks identical to what we're seeing today. Drew the same pattern in red and a bull case in case we still see a new high with the 4 year cycle, but it's looking bleak. We're getting close to completing another weekly cycle and should expect the new low within the next 2 candles. Question is, are we about to retrace 55% like May 2021, or continue the bull run into a new high later this year?
Long Idea on CC1! (Cocoa)1)Climate change is having a significant impact on cocoa production in West and Central Africa, according to a study by Wageningen University & Research (WUR). The region accounts for more than 70% of global cocoa production. Changes in temperature and rainfall are making some areas less suitable for cocoa cultivation.
2) Seasonality gives us a bullish pattern which is 98% correlated with the actual price
3)quantitative data shows 80% win rate with a good profit factor
4) The price rejected the 50 EMA forming a Pin Bar Candlestick pattern
5) The price also bounced on a demand zone
6) Price is undervalued against several benchmarks
Business CycleAll the credits to Ostium labs insights. Found here
Intuition behind different indicators
NFCI - NATIONAL FINANCIAL CONDITIONS INDEX
Note y axis is inverted.
Rising NFCI here suggests loosening of financial conditions. Btc outperform in loose conditions.
DRTSCILM - NET % OF BANKS TIGHTENING LENDING STANDARDS
Note y axis is inverted.
This tracks changes in the willingness of banks to lend, where tightening lending standards is indicative of caution, whereas looser lending standards suggest economic confidence.
Here the graph is inverted - a rise shows improving willingness to lend and a fall shows tighter lending standards.
HYG
Real time proxy for demand of junk bonds which is a good proxy for risk appetite in the market. Demand for junk bonds is correlated with the rest of the risk curve, with Bitcoin tending to outperform during periods of strength for HYG, and vice-versa.
BAMLH0A0HYM2 - HY ICE CREDIT SPREADS
Note y axis is inverted.
This measures the premium demanded by investors over government bonds. As one would imagine, wider credit spreads mean that more yield is being demanded to invest in junk bonds vs safe bonds, which itself is suggestive of risk in the economy. Narrow spreads, meanwhile, are indicative of confidence.
The graph is inverted such that the peaks are the tightest spread. If credit spreads are narrow, risk appetite is high, which means assets further out the risk curve benefit. This is also suggestive of expansion vs contraction in the business cycle, where widening spreads would be suggestive of downturn and narrowing spreads of continued growth.
USMNO/USNMNO - US MANUFACTURING ORDERS / NON-MANUFACTURING ORDERS
Manufacturing New Orders growing faster than Non-Manufacturing New Orders is generally indicative of early recovery in a business cycle, whereas late cycle dynamics are more heavily weighted towards services, largely driven by consumer spending and therefore this ratio would begin to contract, as Non-Manufacturing New Orders dominate.
USBC0I - US PMI
A composite of the Manufacturing and Services sectors in the US economy. Above 50 = expansion and below 50 = contraction.
T10YIE - 10-YEAR INFLATION BREAKEVENS
A market-based measure of average expected inflation over the next 10 years.
Bitcoin likes it very much when the average expected inflation rate has bottomed and is trending higher and it generally underperforms when 10-year inflation breakevens are declining.
Bitcoin also tends to front-run peaks in 10-year inflation breakevens by about 6-9 months, which in turn tend to peak after Global M2 YoY growth has peaked and is turning lower.
This measure also is useful for understanding what is likely to happen to financial conditions - tighter after peaks and looser after bottoms. The clearest correlation here is not to the downside but the upside: when breakevens have bottomed out and cycle higher, Bitcoin tends to do very well indeed.
DFII10 - 10-YEAR REAL YIELD
Note y axis is inverted
What is interesting here is that whilst there is not a strong correlation as real yields rise, there is a clearer correlation as real yields fall. Falling real yields tend to be supportive of Bitcoin, whilst rising real yields have occurred whilst BTC has outperformed and underperformed historically.
This one is not as key for mapping out the market cycle, but still worth keeping an eye on.