Works best on BTC and only on the daily timeframe!
This is a TOP / BOTTOM indicator for big market cycles.
These tops and bottoms are based on the difference between the 200MA on the daily and the price.
Historically matched market tops for BTC.
It's the Average Cap (see my other indicator) multiplied by 35.
The default settings are for BTC.
If you want to test this indicator on another chart you have to change the launch date settings (and maybe play around with the multiplier).
Some Interesting Launch dates:
- BTC: 3 JAN 2009
- ETH: 30. JUL 2015
- LTC: 7. OCT 2011
You can only use this for BTC.
Bitcoin over time tends to be priced at 7000 times the number of users (in terms of market cap).
Number of Wallets*7000/(Circulating Supply or 21,000,000)
You can decide whether you want to use the Circulating Supply or 21,000,000 as a reference.
The default settings are using 21,000,000 because it seems...
Bitcoin 50WMA BTC_50WMA - The Golden Ratio Multiplier is a weekly based and long-term projection to reveal intracycle movements of Bitcoin price action. The trendlines are calculated a main 50-week moving average and scaling it with various fibonacci numbers. This approach originally belongs to Philip Swift (@PositiveCrypto) on medium, please read his article 'The...
The Bitcoin 350DMA - The Golden Ratio Multiplier is a daily based and long-term projection to reveal intracycle movements of Bitcoin price action. The trendlines are calculated a main 350-day moving average and scaling it with various fibonacci numbers. This approach originally belongs to Philip Swift (@PositiveCrypto) on medium, please read his article 'The...
PLEASE READ THE ENTIRE POST BEFORE USING THE ALPHA EXHAUSTION INDICATOR
Capital Exhaustion Cycles
What is capital exhaustion? To explain it simply: Picture you are working out and eventually hit fatigue, at that point your body signals that you can no longer proceed and need to rest. Capital exhaustion with tradable assets (stocks, cryptocurrencies, etc.) occurs...
For all markets and all timeframes,
based on Constance Brown's observation, that rsi bull range is 40 to 80 and bear's 20 to 65 (almost strictly).
The histogramm tells you which longer term market you#re in.
The short term curves identify the wave within the trend (similat to EW impulse / corrective) incl. overdoing action
Example: longterm= green, wave =red-->...