1-BTCUSD
Working To Unlock The 3-6-9 Secrets Of The MarketRecently, there have been a lot of questions related to my SPY Cycle Patterns and how they work.
I've often stated that these patterns are based on Gann, Tesla, and Fibonacci's price theory.
However, underlying all that is a core component related to the 3-6-9 (secrets of the universe) theory.
This video tries to introduce you to the concepts of the 3-6-9 theory and how it overlays with Gann, Tesla, Fibonacci, Japanese Candlesticks, and more.
My focus for the past 24+ months has been to unlock this theory's secrets and develop a practical use component (code) that attempts to provide very clear future trading/price predictions.
Spend some time watching this video. See what you think and open your mind to the concept that price moves through construction and destruction phases (likely based on the 3-6-9 concepts).
At the end of this video, I share some practical knowledge/examples showing why I believe the 3-6-9 theory is critical to unlocking the true secrets of market price action.
I may never be able to unlock all of it, but I'm dedicated to trying to unlock as much as I can within my lifetime.
This drives me to build code solutions and attempt to improve my skills.
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
SPY/QQQ Plan Your Trade For 10-24 : Breakaway PatternToday's trading should begin to resolve as a reversion back to the upside after yesterday's panic selling.
I spend a lot of time going over what happens when news or outside events disrupt price action and sometimes disrupt my SPY Cycle Patterns so everyone can try to understand how the SPY Cycle Patterns work.
My SPY Cycle Patterns are not immune to news or outside events. They attempt to predict what price will "most likely" try to do for a day based on Fibonacci, GANN, Tesla, and Rodin Vortex Math concepts. They don't attempt to predict or address any outside news, geo-political, earnings, or other external data.
As I like to describe them.. They represent price characteristics, showing what price would most likely attempt to do if no outside event disrupts the markets.
Given yesterday's panic selling and the fairly strong recovery/reversion we are seeing in early trading, I believe the SPY/QQQ will attempt to move into a moderate rally phase lasting till October 30-31, then move aggressively downward just before the US Elections.
Gold and Silver will follow roughly the same path but may become even more volatile just before the elections.
Bitcoin is still consolidating sideways - just as I expected/suggested.
Please pay attention to my comments about HEDGING and POSITION SIZING over the next 3+ weeks. These market trends (with lower liquidity) can often be very difficult for all traders.
It is better to cut your trading allocation down to 20-25% of normal sizes throughout these election cycles (especially so close to a hotly contested election).
Get some.
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
October 23 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
Nasdaq indicators will be announced at 11 o'clock shortly.
In the analysis article on October 21, section 2,
After entering a long position at the purple finger 66406.5 dollars on the lower left,
I connected today's strategy.
The daily chart MACD dead cross pressure is being connected,
and there are too many variables because of the Nasdaq variable + sideways movement,
so I had a hard time making a strategy.
This is today's strategy.
*Blue finger movement path
Bidirectional neutral
Long -> Short switching strategy
1. 66,296 dollars long position entry section / stop loss price when purple support line is broken
2. 67,244 dollars short position switching / stop loss price when orange resistance line is broken
-If it falls immediately without a wave from the current position
Or if it hits section 1 at the top and falls
It may be pushed to Bottom -> Section 2 at the bottom.
Instead, if section 1 is touched and adjustment occurs
It may be a safe section at the 66.2K long position switching section.
-If it reaches 67,244 dollars after section 1 is broken at the top
Short position entry section
For those who are aiming for a short position today
It would be good to aim for a short position in both sections from section 1 at the top -> 67.2K.
If you succeed in long->short switching,
depending on the situation, you can use the first section as the final long position switching point.
Also, currently, ahead of the 100 million breakthrough,
the point where the rebound started is 58.9K in CPI,
and in terms of the drawing, there is no problem from the mid-term point to the current point.
Please pay attention to the movement of Nasdaq and the MACD dead cross imprint on the daily chart this week.
Up to this point, I ask that you simply refer to and use my analysis,
and I hope that you operate safely with principle trading and stop loss prices.
Thank you.
BTC INTRADAY ANALYSISBTC/USDT Technical Analysis Intraday
Date: 10/24/2024
Author: Crypto Rado ( Rhino Aka Bear )
Timeframe: 1H & 15M
🔹 Overview:🔹
After completing the fifth wave in the Elliott Wave count, Bitcoin made a significant breakout of the green trendline. This move was followed by a bounce, confirmed with a bullish divergence on the 1H timeframe. The price reached the 0.5 Fibonacci retracement level, where a bearish divergence formed on the 15M chart, leading to a rejection.
Typically, after such a move, we expect a retest of the broken trendline or a support/resistance flip, where the previous resistance should now turn into support. This area aligns with the 0.61 Fibonacci retracement level from this recent pump, making it a key confluence zone for a potential entry.
🔹 The entry zone 🔹 is set between $66,250 and $66,000, with a stop-loss positioned at the previous low. If this setup holds, it could form a hidden bullish divergence, signaling continuation upward.
🔹The target price 🔹is set between $67,900 and $68,260, providing a solid profit zone for this trade. Given that the risk-to-reward ratio is moderate, I’ll be reducing my risk to generate quick gains and fund future trades with less exposure.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital.
BTC/USDT UpdateBTC/USDT Technical Analysis Update
Date: 10/24/2024
Author: Crypto Rado ( Rhino aka Bear )
Timeframe: 1H & 4H
🔹 Overview:🔹
Bitcoin has successfully hit the $65.4K target, as expected, and has since bounced with a bullish divergence on the 1H timeframe, suggesting a potential short-term momentum reversal.
🔹 Key Levels:🔹
Resistance Zone: $68K–$68.5K (Aligns with the 0.615–0.786 Fibonacci retracement on 1H)
Support Zone: $65.4K (Breakdown level)
Point of Control (POC): $67.3K (Volume-driven key level)
🔹 Scenarios: 🔹
Bearish Case: A confirmed breakdown below $65.4K could drive the price towards $63.7K and $62.6K, with larger downside targets at GETTEX:48K to $40K if bearish momentum continues.
Bullish Case: If Bitcoin breaks above $69.8K, the next major upside targets are between $100K and $110K, signaling a continuation of the bullish trend.
For now, the market structure appears corrective rather than fully bearish, and I will wait for clearer price action before making further trading decisions.
Disclaimer:
⚠️ This is not financial advice. All information is for educational purposes only. Conduct your own research and understand the risks before making any trades.
BITCOIN This 1D Golden Cross can push it to the ATH ($73800).Bitcoin (BTCUSD) is ahead of a major bullish formation as most likely by next Monday, it will form a Golden Cross on the 1D time-frame, the first such formation since October 29 2023. As we've analyzed before, it is no coincidence that exactly 1 year later a new 1D Golden Cross emerges as seasonality and long-term Cycles play a pivotal role for BTC.
On top of that, the price made a major re-test (and so far bounce) at the top of the former Channel Down that broke upwards last week. If this re-test holds, it is the best short-term signal for a new High. In fact the price has been making Higher Highs since the August 05 bottom, forming a double Channel Up pattern, and those Higher Highs are the reason why the market got behind this rally and supported it to break above the 7-month Channel Down.
So the Higher Highs along with the 1D Golden Cross are the bullish combination that the market needs to look (much) higher. The first technical target now is naturally the 73800 All Time High (ATH). It is very possible to see it get tested by the election day.
But what do you think? Do you expect the ATH to break aggressively after the elections, just like the October 2023 1D Golden Cross did? Feel free to let us know in the comments section below!
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BTC BITCOIN Technical Analysis & Trade Idea 👀👉 BTC Bitcoin has shown a strong bullish breakout, and I’m closely monitoring for a potential buying opportunity based on key criteria outlined in the video. In this analysis, we’ll explore the critical price action signals to watch and how to strategically position yourself for the next market move. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. 📊✅
$BTC About to make a (big) move?According to historical percentage pattern; BTC seems to be on the verge of a critical conjunction:
Scenario A: Retest $38k, if it holds; retest previous ATH of ~79k. Afterwards start new (gradual) bull run to new ATH ~327k
Scenario B: Bull run (gradually) to new ATH ~280k
I think politics also plays a big role here, mainly US elections & ongoing worldwide conflicts. The more crazy things go, the more unpredictable / unexpected scenario takes place; i.e. Scenario A
Otherwise, we're looking at a more stable Scenario B
Safe trading 🙂
Bitcoin Surge Continues! TP 3 Hit, Eyeing TP 4 Next!BITCOIN (BTCUSDT) 4H time frame Technical Analysis:
Bitcoin (BTCUSDT) on the 4-hour timeframe shows a solid long trade with momentum intact. Price action has followed the upward curve supported by the Risological dotted trendline, providing a strong bullish foundation for the current rally.
Key Levels:
Entry: 61,732.3
Stop Loss (SL): 60,316.2
Target 1 (TP1): 63,482.7 ✅ (Hit!)
Target 2 (TP2): 66,315.0 ✅ (Hit!)
Target 3 (TP3): 69,147.4 ✅ (Hit!)
Target 4 (TP4): 70,897.7
Observations :
Bitcoin has already smashed through TP3, riding the wave of bullish momentum.
The Risological dotted trendline is acting as strong support, indicating that TP4 is highly within reach.
With TP3 completed, Bitcoin continues its bullish momentum. Keep an eye on the final resistance at TP4, as the price is showing no signs of slowing down!
BTC next move ? BTC / USDT
BTC pumped from my level 59k (last BTC idea) directly to 69k without any serious correction
I expect a pullback to 65-64k from this level there is high chance for bounce
In case of deep correction we might visit 62k
Note : BTC must not break HH and HL pattern to keep its bullish plan otherwise we can hit 50s zone again
Could the Bitcoin reverse from here?The price is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support which acts as an overlap support.
Pivot: 68,102.13
1st Support: 66,091.35
1st Resistance: 69,487.36
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BTC Greed at 69: Key Price Action on Bullish Engulfing WatchGM crypto bro's! This morning, the fear and greed index is at 69 in the greed zone. The Stoch RSI has exited overbought territory. Yesterday, on 23/10/2024, BTC dropped significantly to the 65K range, but our 64K zone hasn’t been touched yet.
Price action this morning shows that if today’s candle closes as a bullish engulfing, the chance of visiting 64K decreases, with a higher probability of BTC heading towards 70K. Keep in mind, the market is dynamic—don’t FOMO, always manage your risk. Akki signing off—one chart, one love. Have a nice day and stay SAFU.
BTC/USDT.P UpdateLooks like we were able to get the 382 reaction we were looking for. Congrats to those who took short and profited at that level. This current price action suggests that we are now back on track for a new higher high.
If you are building a long position, you can start layering in your longs as each BOS and retrace happens.
Trade safely
The beginning of trading begins with waitingHello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
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(BTCUSDT 1D chart)
There are indicators that are paired with indicators that show support and resistance points.
The HA-Low and HA-High indicators and the BW (0) and BW (100) indicators are paired.
- HA-Low, BW (0) indicators show the low range,
- HA-HIgh, BW 100) indicators show the high range.
Therefore, if it touches HA-HIgh or BW (100) and starts to decline, it is likely to touch HA-Low or BW (0), and you should think about a countermeasure.
If it encounters resistance at the HA-High indicator (67414.39) on the current 1D chart and starts to decline, it is likely to touch the HA-Low indicator (currently 56204.13) on the 1D chart.
However, you should be aware that the HA-Low indicator may move and be created as the price falls.
Since the BW (50) indicator exists between the BW (100) indicator and the BW (0) indicator, it cannot be said that a decline in the BW (100) indicator will necessarily touch BW (0).
Accordingly, the BW (50) indicator can replace the role of the BW (0) indicator.
The above explanation is the information required when utilizing the indicators on this chart.
-
The 65920.71-67414.39 section is a section composed of HA-HIgh indicators.
Therefore, the key is whether it can receive support and rise in this section.
If not, and it falls below 65602.01, there is a possibility that it will fall to around 61099.25.
However, since the M-Signal indicator on the 1W chart is passing around 62791.03, it is highly likely that it will touch around 62791.03 and rise, and you should consider a response plan.
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Since the M-Signal indicator on the 1D chart is passing around 65920.71, it can be interpreted that it is currently shaking.
However, if it fails to rise above 67414.39, it is expected to eventually fall below 65602.01, so caution is required when trading.
-
We need to check whether the StochRSI indicator will enter the oversold zone with this decline.
If the STochRSI indicator has entered the oversold zone, there is a high possibility that the downward force will be strong, so it may lead to an additional decline.
Therefore, whether there is support around 65602.01-65920.71 is significant.
-
Based on the above, we can see that it is not the time to conduct a new transaction.
Therefore, in order to conduct a new transaction, we need to check whether the StochRSI indicator turns upward when it shows support around 65602.01-65920.71.
If not, and it falls, it can be seen that it is time to start trading when the HA-Low indicator or BW (0) indicator is newly created or when it is confirmed to be supported around 61099.25-62791.03.
-
If you create a trading strategy and start trading and the movement is in the opposite direction, then you should check the movement of the support and resistance points or indicators.
(SOLUSDT.P 1D chart)
That is, let's assume that you started trading by selling (SHORT) when the arrow indicating the appearance of the BW (100) indicator was created and the BW (100) line was created when it showed a downward trend, as in the SOL chart.
However, as the price rose, the BW (100) line disappeared and rose to around 171.63.
We should also think about countermeasures for this movement and start trading.
Even if you didn't think about it, you can see that the STochRSI indicator has entered the overbought zone, so it will eventually fall over time.
Therefore, you just need to decide whether to proceed with additional selling (SHORT) in the current rise or wait.
Since it is a futures transaction, the forced liquidation point is close, so you should consider this first and think about a response plan.
Since the StochRSI indicator touches the highest point (100), it cannot be said that the decline will begin immediately, so it is better to check the movement a little more.
Fortunately, the BW (100) line of the 1M chart currently exists at the 171.63 point, so it is expected that you can create a response strategy by checking whether there is support near 171.63.
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You should continue trading even if the transaction fails.
Otherwise, you will lose your trading sense and it may not be easy to start trading again.
However, you should not start trading at any time.
You need to be able to wait for the right time to start trading, and when it's time to start trading, you need to start trading boldly.
(BTCUSDT.P 1D chart)
I started trading with the previous indicator chart, so it's a bit low entry price, but I'm maintaining a sell (SHORT) position at 68293.8.
Unlike the BTCUSDT chart, the BTCUSDT.P chart has a volume profile section formed at 66750.0.
Therefore, it is expected that it will be important whether it receives support or resistance around 66750.0-67392.1.
-
Have a good time.
Thank you.
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- Big picture
It is expected that the real uptrend will start when it rises above 29K.
The next expected range to touch is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (overshooting)
4th: 134018.28
151166.97-157451.83 (overshooting)
5th: 178910.15
These are points that are likely to receive resistance in the future.
We need to check if these points can be broken upward.
We need to check the movement when this range is touched because it is thought that a new trend can be created in the overshooting range.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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Election 2024: Bitcoin to $80k? Election 2024: Bitcoin to $80k?
The cryptocurrency market is turning downwards, in tandem with the broader stock market. This decline might be dashing hopes of BTC/USD breaking the $70,000 threshold.
Despite the bearish trend, options traders like the odds that Bitcoin could soar to $80,000 by the end of November, regardless of the outcome of the U.S. presidential election.
Kamala Harris has remained relatively quiet on the subject of cryptocurrencies, though an adviser recently signaled she would “support policies that ensure that emerging technologies, and that sort of industry, can continue to grow”.
Meanwhile, Donald Trump is actively courting crypto holders, pledging to transform America into the crypto capital of the world and establishing a strategic national cryptocurrency stockpile, akin to the country's gold reserves.
BTCUSD approaching a very strong support zone.Bitcoin is trading inside a Channel Up pattern, which since Monday is correcting.
We are already below the MA50 (4h).
The previous correction found the first support on the MA200 (4h), just over the 0.5 Fib. It then broke slightly below it for the final bottom of the pattern.
Trading Plan:
1. Buy on the MA200 (4h).
Targets:
1. 71500 (just under the -0.236 Fib extension, like the October 21 High).
Tips:
1. The RSI (1d) provides the most efficient buy signal on its Rising Support trendline, which started on the August 5th Low. If its crosses below its MA, then reserve one final buy for the Rising Support.
Please like, follow and comment!!
Notes:
Past trading plan:
BITCOIN TRADE ANALYSIS 70K TARGET!!Bitcoin Trade Analysis: October 21, 2024
Entry: $67,226 Target: $70,000 Stop Loss: $66,000
Analysis
1H Chart: The 1-hour chart shows a strong support level at $67,665, which has rejected price four times in the 15-minute timeframe1
This indicates a robust support level, making it a reliable target for your trade1
15M Chart: The 15-minute chart further confirms the strength of the $67,665 support level, with multiple rejections reinforcing its significance1
This level has acted as a solid barrier against downward price movements, making it an ideal target for your trade.