Friday 26 May 2023

Bitcoin has found its natural vibration - Update

Gann said everything finds its natural vibration, its manner, its own characteristics.
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W D Gann Quote

..“Vibration is fundamental; nothing is exempt from this law; it is universal, therefore applicable to every class of phenomena on the globe"…."After years of patient study I have proven to my entire satisfaction, as well as demonstrated to others, that vibration explains every possible phase and condition of the market”..

In the charts below, you can see BTC price bouncing off walls of support and resistance, this shows price has 'managed moves', completed by very large players.


Chart 1 - Price likes these channel lines, very strange, but its working.


Gann 1




Chart 2 - Major Channel lines support near


Gann 2





Chart 3 - Also major channel lines support is near


Gann 3




Chart 4 - All together, 2024 is going to be very interesting!



Gann 4




Of course, this works for other symbols like gold, silver, bitcoin, ethereum, bonds, and the dollar. Members can go to RTT Charts and select 'The Big Channels' to review more work like the above. Nothing works unless you have deep historical data, and we do have that!



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Thursday 18 May 2023

The Dow has found its natural vibration

Gann said everything finds its natural vibration, its manner, its own characteristics.
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Learn more about the Gann law of natural vibration here.

In the chart below, you can see price bouncing off walls of support and resistance (green channel lines: solid and dashed), this shows price has 'managed moves', completed by very large players.

An advantage of using readtheticker.com is that the site has 200 years of Dow Jones data. This means if you do not have this data, you can not find market moving levels. If your charting tool does not have this data, then you are at a disadvantage. Of course the whales moving with Mr Market know these levels, best you do as well.

Of course, channels can change over time and move at different price angles (speed of advance). You can find these channels through simple trial and error. The more hits of price near support and resistance, the more likely it is that you have found the channel that dominates.

Yes, you can do the same with sine wave cycle analysis, but here we are using channels.

These years are very important for the Dow: 1835, 1842, and 1929 (A, B, C). Notice how extremely critical levels were forecast for these years.


Dow 1



Of course, adding more parallel channels can increase accuracy.


Dow 2



Of course, this works for other symbols like gold, silver, bitcoin, ethereum, bonds, and the dollar. Members can go to RTT Charts and select 'The Big Channels' to review more work like the above. Nothing works unless you have deep historical data, and we do have that!



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Monday 8 May 2023

SP500 cycle low has bearish sentiment support

Holy crap every one is so bearish! In markets nothing is what it seems.
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Twain





The chart below reviews SP500 cycles with AAII bearish sentiment. Too many bears on the wrong side of the boat can lead to a spark to send the SP500 to new all time highs. It could be investors have bet on a deep recession 12 months to soon! Deep bear market sell offs start when bears are not awake, and that is not now! This implies a possible SP500 rally to all time highs to shake out some of these weak bears, and the real sell off happens once this done, say 2024.

Will the SP500 cycle win again?


SP500 cycle



Another sentiment tool saying every one is too bearish too soon.


Sentiment 52 week




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