Bitcoin

This is a Bitcoin Log daily chart, what can we say about this chart? Where is key trendline resistance and support? Is it Bullish? Bearish? What does the fixed 68 TD cycle on the chart suggest? What does the green wedge Trendlines suggest? The Pink lines are potential Change in Trend (CIT) dates, the last one saw an 8/23H.

The Master Cycle (MC) and longer term charts

The MC (Master Cycle) from the 8/11-13H, projected the decline into 8/19L+/-0 and its subsequent rally. The long term monthly SPX suggests limited upside.

The weekly SPX is in a long term rising wedge.

The Daily SPX closed right at rising wedge Trendline resistance, since March- April 2021.

Bitcoin retraced 61% so far and closed right at long term TL resistance. It has Geo Time CITs at 8/25. Let us watch the major triple time Cluster on 9/9-10***

What's next: The MC projected the recent 8/19L and the current rally into the next cycle High.

Boom

Rajacar

@TimeandCycles

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15s

Replying to

@TimeandCycles

Boom, cracking key support

The NDX MC saw the projected 8/10H (-1) and 8/13H...

The NDX MC saw the projected 8/10H (-1) and 8/13H (vertical Lines). We are now in an ongoing sharp decline into XXX Major Low. We need to take out 14890 TL support and 14864 Low to trigger a much sharper decline.

Signature T&C Cluster on 8/13

I had a long term proprietary Geometric Time CIT (Change in Trend) going back to the 1/26/18 High that was due on 8/13/21 which was a direct hit and this long term 8/13 Geo time CIT occurred right at the 8/13 Master Cycle High, iow 8/13H was one of those unique signature potential fortune making T&C Clusters.

However, as all trends remain Up, we need to be cautious and only slightly bearish until we get a more clear sell signal, with a decline & close below XXX (reserved).

8/11-13 is the next Master Cycle High

From 8/3 Raj T&C Daily Email: "The Master cycle (MC) saw the projected 7/26H, we should see a 8/2L, 8/4L and 8/6L. From there we see another rally into 8/11-13 swing High"

What's next: We rally into an 8/11-13 swing High and see a relatively sharp decline afterwards.

When is the NDX Master Cycle High?

The NDX Master Cycle (MC) remains on track as it was looking for a  rally from 7/20L into 7/23-26H, decline into a 8/2L(+1),  rally into 8/4H (+1) and another brief decline into 8/6L, which we have now seen. If there is enough interests (233 likes) I will post what the MC suggests is the next major fortune making High, but this is for entertainment purposes only as there are no guarantees in the markets, so do trade at your own risk. A $ profitable trade opportunity may be presenting itself soon.