Sigma-L

Share this post
Bitcoin: Hurst Cycles - 7th Jan 2022
www.sigma-l.net
Cryptocurrency

Bitcoin: Hurst Cycles - 7th Jan 2022

BTCUSD | Phasing Analysis Update, Outlook & Trading Strategy

Jan 7
6
Share this post
Bitcoin: Hurst Cycles - 7th Jan 2022
www.sigma-l.net

Tools required: Nominal Model | FLD | FLD Trading Strategy | FLD Trading Strategy (Advanced)

Phasing Analysis

Long Term

Components greater than and including the 18 month nominal cycle.

Medium Term

Components less than and including the 18 month nominal cycle.

Short Term

Components around the 80 day nominal cycle.
Risk on traders can perhaps enter long on a cross of the 2 or 5 day FLDs here as underlying trend is bearish and the risk:reward ratio is low when entering on higher degree FLDs.

Summary

In the last report into Bitcoin on the 21st of December we noted the weakness of the initial move from the 20 week low:

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2022 Sigma-L
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing