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Trade-Technique

Simple & Easy Observation using by TimeCycle on a Bitcoin chart.

Bitcoin (BITSTAMP:BTCUSD)  
Trade-Technique  
BITSTAMP:BTCUSD   Bitcoin
Economic Cycles Beyond Technical Analysis Supply and Demand timecycle Bitcoin (Cryptocurrency)
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economiccycle beyondta supplyanddemand timecycle bitcoin
A TimeCycle is an event, such as a price high or low, which repeats itself on a regular basis.

The Bottom-Out over the Bitcoin, The chart below shows a cycle with a length of 66bars.462days.

  • => Let's just assume logically, where is the TOP-OUT?
The TimeCycle started from Dec2017 to June 2019 which has a length of 80bars, 560days, and the respect of this statement - Next Top should be January 2021.

Conclusion: Long is risky for Jan and Feb for traders.

Important Ratio of Harmonic Pattern:
The Crab is a precise Harmonic pattern (Reversal Zone).

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