DextraBlack

MATIC \ BTC. Profit 166.66%. Cyclicity and trend.

Long
BINANCE:MATICBTC   MATIC Network / Bitcoin
The cyclical process was not ignored by Russian scientists. For example, N.D. Kondratyev at about the same time period revealed a pattern of fluctuations in production and prices every 50-60 years.

This cyclicity is called Kondratiev waves or K-waves.

Cyclicity in a more or less stable form is present in commodity markets, as can be seen in Fig. 26, where you can see an example of a cyclical trend in wheat price changes (2010-2012).

But since we are on the cryptocurrency market, everything happens faster and with less periodicity

1) Ovals - repeating channels after the pumps

2) Arrows - repetition of an occurring formation

Good luck to everyone


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