So this is a very good example of how the market is always a sine wave.
As you can see this sine wave just resembles the FREQUENCY of when Pumps / Corrections happen.
It says nothing about the intensity of the impulse move or the correction.
So how can you use this information?
Well you now know the frequence in which BTC swings.
This is huge and super valuable if you know how to use this information.
You now know the rough timeframes in which BTC pumps and corrects.
Use this information in your future decissions and look where we are right now.
Then use your trading plan in order to find entrys (when we are at the bottom of a sine wave) and find exits when we are at the top of the sine waves.
Remember this is the frequenze of the daily chart!
This means you can use this information in any other timeframe that is shorter (1min, 15min, 1h, 4h, etc) and first take a look if we are about to go down or up again.
To put it in a nutshell you can use this information in order to trade smaller timeframes or in order to trade the bigger sine wave swings.
As you can see this sine wave just resembles the FREQUENCY of when Pumps / Corrections happen.
It says nothing about the intensity of the impulse move or the correction.
So how can you use this information?
Well you now know the frequence in which BTC swings.
This is huge and super valuable if you know how to use this information.
You now know the rough timeframes in which BTC pumps and corrects.
Use this information in your future decissions and look where we are right now.
Then use your trading plan in order to find entrys (when we are at the bottom of a sine wave) and find exits when we are at the top of the sine waves.
Remember this is the frequenze of the daily chart!
This means you can use this information in any other timeframe that is shorter (1min, 15min, 1h, 4h, etc) and first take a look if we are about to go down or up again.
To put it in a nutshell you can use this information in order to trade smaller timeframes or in order to trade the bigger sine wave swings.