No - the moon passes overhead ONCE per day - producing a peak in that sine wave as it goes overhead (plus or minus a bit to allow for the time for the water to flow to where ever it needs to be). BUT...and this is the critical thing...about 12 hours later - when (in RE terms) the moon is on the opposite side of the Earth - there is a SECOND high tide.
So your sine wave (which isn't a bad approximation of what we see) has TWO peaks and TWO troughs in every 24 hour cycle.
Actually, because (in RE terms) the moon moves around the Earth once every lunar month - AND the Earth is rotating - the cycle isn't exactly 24 hours...but roughly speaking...there are TWO high tides and TWO low tides every day.
If you check here:
http://www.myforecast.com/bin/tide.m?city=30578&metric=false&tideLocationID=T8285You'll see that on Sunday, in Houston Texas, there will be high tides at 6:15 AM and 6:23 PM and low tides at 12:48 PM and 11:50 AM.
In RE, the first high tide happens when the moon is at it's zenith (plus or minus a bit) - and the second when the moon is on the opposite side of the Earth. That second tide happens because the Earth and Moon both rotate about a common center-of-gravity that's not at the center of the earth - so there is a centrifugal force acting on the side of the planet that's furthest from the moon that creates that second tide each day.
I understand your explanation of the FE moon having gravity and causing tides...makes perfect sense (well, kinda)...but you CANNOT explain the second tide in the same way. If the Moon's gravity was the only cause then there would be just one high tide and just one low tide each day...because (just as in RE) your moon will only be overhead ONCE in Houston Texas this Sunday.
There are CLEARLY two tides every day. This is a fact that absolutely anyone can easily check for themselves - and for which tide charts are easily available if you don't want to move from your chair to verify it.
Your moon can't produce a second tide...it's too far away - when the second tide comes in in Houston, your moon is over the other side of the world!
So...where is the second tide coming from?
If you can't explain this - you don't have any clue as to how tides are formed because FE theory predicts only one tide per day - so the idea that the moon's gravity is responsible simply doesn't work.
Come what may - your Wiki is incorrect.