Time is the cause of all trend changes.
Time is the reason for trend changes and price action.
- Trends do not change due to sentiment.
- Trends do not change due to news.
- Trends do not change due to Tweets.
- Trends do not change due to dynamic areas of support and resistance.
- Trends do not change due to a moving average crossover.
- Trends do not change due to oscillators being in elevated conditions.
- Trends do not change due to trend lines.
Trends change because of set pattern in time.
- Trends change due to a set path and pattern that Man can not deviate from; we are slaves to this pattern.
- The pattern that price follows is as static and natural as anything in nature: the rotation of the planets, the Fibonacci ratio, the sun rising in the east and setting in the west.
You can believe or not believe, but Gann believed God created all of Creation. Gann also concluded that it was impossible for there to be randomness in nature or in human behavior, that a God who created everything must have a supreme order and logic to His creation.
June 22nd - Jul7th is where we will see a reversal beginning in Bitcoin. When the dynamic angular and Square time cycles, that have been applied to price, fail to initiate reversal points, the static time cycles WILL. June 22nd - July 7th is one of those static time cycles.
Consider the following as well:
July 1st - Uranus (the harbinger of change in financial markets) exits Taurus (Taurus, the bull, is the money and stock market) indicating a change.
June 26th - One of the most important things to watch this year: Mars Retrograde cycle - Bitcoin is very sensitive to anything with Mars. Gann said Mars is the 'trigger' for trends and activity.
That is nic topic for me because I am interested in Bitcoin and this history was again and again for past few years so let's see for pump Bitcoin again. and that is a chart for history for Bitcoin
It's a great chart
Thank you so much @captainquenta.
your research is good . will help so many people
thank you!
yes of course
Absolutely
Totally accurate. This resonates so much with me because i am a forex trader using a 'riding the trend strategy'... Thanks so much
You are right
thank you! I am a forex trader and educator as well as a cryptotrader
this is helpful information
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Your research good and helpful.
Will do that...
follow me and vote for me
This is right. Good work
I do agree with you about the casuses of trend changes..but I think they're not 100 percent right in cryptos...Fibonaci doesn't work that certain at least in short/middle term predictions...although your prediction is probable..
Thank you @captainquenta
Correct, Fibonacci ratios have too wide of a distribution of success and failure on anything lower than a weekly chart. But time cycles are constant and consistent in any market. For technical analysts, the advent of the cryptocurrency markets have given us a new market that shows that it moves and responds to cycles as accurately as any other market.
Your information is very useful and analistic
totally true.thank you for this post
Hope that the bitcoin push harder again .. thanks for the sweet analyse .
Yes. That's right
Expect so, But I think it will stabilize soon...
Hey man, we are waiting for it from so long.Hopefully this time it will reverse
nice information. Hope bitcoin rises like hell.
Good research
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This is some pretty wild philosophy about trends. I think the movements in the market are not necessarily set in a involuntary path like the orbit of the Earth around the sun but it is set in a path based on emotion. There are emotional and psychological cycles that do create trends from voluntary actions.
Nevertheless some pretty far out thinking and if you are a successful trader and investor then great!
One of the primary lessons Gann taught was that humans are unable to influence trends. Technical charts are, and this goes into what you said about emotion, just a visual representation of the psychological sentiment of the participants. Humans react to time cycles that change trends, we do not create those changes.
Ah I see, it's as if there is a naturally phenomena to the markets as the changing of the seasons and we simply react with the actions that set trends. Wonderful
The one thing I am still skeptic to this post is the prediction of this trend reversal being based on astrological ideas.
Financial Astrology is the third block of financial analysis - it's entirely reserved for the purpose of forecasting. Financial Astrology is merely mathematical psychology based on astronomy.