Tag: Cryptocurrency

10/14/24 – “Stock Indices remain positive and are reinforcing the outlook for a quick surge into October 17 – 21st with the DJIA & S+P Midcap 400 leading the way after tracing out textbook daily trend and 21 MAC sequences. The DJTA corroborated that by tracing out an entire ‘a-b-c’ decline without turning its daily trend down, a sign that signaled it was poised to […]

10/05/24 – “Bitcoin & Ether are rallying after failing to turn their daily, intra-month or 21 MAC trends down.  They remain below the March ’24 peaks – fulfilling ~8-month & ~16-month Cycle Progressions that projected future highs for Nov ’24 and July ’25. The October 1st – 3rd action showed that Bitcoin could rally back to its March ’24 high (into Nov ’24) even as Ether remains comparatively […]

10/03/24 – “Bitcoin has reached a critical decision point that could have 2 – 4 week ramifications and 2 – 4 month repercussions.  It could impact how soon new highs are seen… Instead of starting with the broader perspective and steadily honing the focus, it is better to approach this analysis in the opposite manner… beginning with daily & intra-month action. Bitcoin rallied […]

10/12/24 – “Stock Indices remain positive with the DJIA & S+P Midcap 400 following the same pattern that projected a new surge from October 7/8th into (ideally) October 17/18th. The DJTA corroborated that by tracing out an entire ‘a-b-c’ decline without turning its daily trend down, a sign that signaled it was poised to embark on a new rally… The likelihood for […]

10/09/24 – “Commodity inflation (/deflation) cycles bottomed in September 2024 – ushering in the time for a strong rally in several markets… That was reinforced by other monthly cycles in Crude Oil – also projecting a decisive bottom for September 2024… Stock Indices remain positive with the DJTA & Russell 2000 correcting (but not turning their daily trends down) while the DJIA, S+P 500 […]

08/10/24 – “Bitcoin & Ether plunged along with stock markets after triggering traders to exit longs on July 25th & August 1st.  That inverted an ~11-week cycle in Ether, spurring a drop into August 8 that fulfilled a ~70 – 76-day/10 – 11 week low-high-high-high-(low) Cycle Progression… 2 – 4 week traders could have exited long Bitcoin & Ether positions w/avg. gains of about ~$27,500/ BTU & ~$4,500/ERU.”  TRADING INVOLVES […]

08/07/24 – “Bitcoin & Ether plunged along with stock markets after triggering traders to exit longs on July 25th & August 1st… That reinforces the significance of the March 2024 peaks – the fulfillment of ~16-Month cycles.  It also shows that weekly cycles in mid-August could invert and time a low. 2 – 4 week traders could have been in long Bitcoin positions from ~58,600/BTU and […]

07/24/24 – “Bitcoin & Ether remain positive after bottoming in sync with monthly, weekly & daily cycles that projected a low around July 8th followed by a surge… that was/is expected to carry them back to their 2024 highs. Their July 10th buy signals remain in force and could spur another rally after a brief pullback. 2 – 4 week traders could have entered long positions in […]

07/20/24 – “Bitcoin & Ether have surged after bottoming in sync with monthly, weekly & daily cycles that projected a low around July 8th followed by a surge… that was/is expected to carry them back to their 2024 highs. 2 – 4 week traders could have entered long positions in Bitcoin & Ether near 58,600/BTU (57,350/BT) & 3,180/ERU (3,100/ETH) on July 11/ 12th and should be holding […]

07/17/24 – “Stock Indices are fulfilling contrasting cycles… Indexes like the DJTA – which had undergone a ~4-month/~10% correction from its early-February high – generated an outside-week/2 Close Reversal buy signal on July 12th, while neutralizing the structure of its weekly 21 MAC (previously negative). The S+P Midcap 400 was similar, triggering an outside-week/2 Close Reversal buy signal on July 12th, while closing above its weekly 21 […]