In my last post, I talked about the Bitcoin price and its inverse relationship to its sine function. Now, I want to quickly share with you my observations about Ethereum and its sine function:
As you can observe from the above chart, Ethereum has a direct correlation with its price sine function. To establish this, I ran a correlation analysis, which revealed a 0.49 coefficient -- not the strongest, but certainly worth further investigation.
Here are the data points I used:
Ethereum Price Sine of Ethereum Price
2015 Qtr3 $1.14 0.908498079
Qtr4 $0.83 0.734620288
2016 Qtr1 $5.76 -0.495376788
Qtr2 $11.55 -0.85083867
Qtr3 $11.81 -0.685178601
Qtr4 $9.96 -0.512554209
2017 Qtr1 $19.35 0.476692644
Qtr2 $162.86 -0.480837119
Qtr3 $272.71 0.572846072
Qtr4 $435.64 0.865452442
2018 Qtr1 $981.29 0.897544692
Thanks for shearing information
A lot of this can be plotted via an external prog. Hilbert Sine Wave is among the most popular. It, like anything else has its ups and downs. Check out Sierra Charts. only mainstream platform I know of that allows total (and easy) plug and play for crypto exchanges. maybe I'm on a different page here - sorry if that's the case. But just wanted to throw it out there.