ΣL Crypto Composite - 19th July 2023 | @ 89 Days
Last trade: + 15.98% | 'B' class signal detected: Sigma-L Crypto Composite (BTC/ETH/LTC/SOL/XMR vs USD). Average wavelength of 89 days over 9 completed iterations since July 2021. Currently peaking.
Trade Update
Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument. For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.
Type: Buy - ΣL Crypto Composite 7th June 2023
Entry: 7th June 2023
Exit: 19th July 2023
Constituent Gain:
SOLUSD (40.36%)
XMRUSD (16.8%)
BTCUSD (13.89%)
LTCUSD (4.75%)
ETHUSD (4.12%)
Composite Average Gain:
15.98%
Current Signal Status
Defining characteristics of the component detected over the sample period.
Detected Signal Class: B - learn more
Average Wavelength: 88.87 Days
Completed Iterations: 9
Time Frequency Analysis
Time frequency charts (learn more) below will typically show the cycle of interest against price, the bandpass output alone and the bandwidth of the component in the time frequency heatmap, framed in white. If a second chart is displayed it will usually show highpassed price with the extracted signal overlaid for visual clarity.
Current Signal Detail & Targets
Here we give more detail on the signal relative to speculative price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample (learn more).
Phase: Peaking / Peaked
FM: +- 10 Days
AM: N/A (Composite)
Next Trough Range: 26th August - 15th September, 2023
Next Peak Range: 9th October - 29th October, 2023
Sigma-L Recommendation: Sell
Time Target: ~ 5th September, 2023
Current Signal Phase
This is ‘how far along’ the cycle is in it’s period at now time and is related to the predicted price action direction.
Current Signal Frequency Modulation (FM)
This is how much, on average, the signal detected varies in frequency (or wavelength) over the whole sample. A lower variance is better and implies better profitability for the component. Frequency usually modulates relatively slowly and over several iterations.
Current Signal Amplitude Modulation (AM)
This is how much the component gains or loses power (price influence) across the sample, on average. Amplitude modulation can happen quite quickly and certainly is more evident than frequency modulation in financial markets. The more stable the modulation the better.
Great work! Could you please do any analysis on 18 month cycle? Would love to see where the next 18 month trough is. I think based on recent movement we can say that the 54 month trough is behind us, right? Thanks!