Russell 2000 On verge of breakoutof a continuation inverse head & shoulders
these projections are IMHO likely to be the final nail in the coffin for this massive bull run
one of the complaints from Analysts is the lack of breath in the market
well when the russell reaches these projections
these analysts will likely claim victory and say see NOW we have a real bull market
which is when you should be seeking shelter as when the last bears are bullish it means there is no one left to convince.
And after 16 years from the 2009 bottom would be a fitting end to the secular bull
With a Trump victory likely ..
The Dems will in all likelihood prefer to leave him a big mess to clean up than a booming economy.
BTC-D
Back to 78.6K targetMorning guys,
So, BTC was able to hold ~68K lows, keeping short-term bullish context intact. Now market is overbought, so, in short-term we could get minor drop back to Fib support level - 72.8K and 70.5K, where upside action potentially could be re-established.
The upside target remains the same - daily AB-CD @ 78.6K level.
BTCUSDT - going to 113866.19$My analysis is based on numerology, all the numbers you see on the chart are from the same place. There is a certain numerological symbolism, which tells me that the price has already put the bottom 49(13) and will make a reversal from the zone 52260+- and then will fly strongly upwards with the target first 89k bucks, and after 113k. It's time to look for a good entry point.
$BTC have a gold fractal!Please pay attention to the Bitcoin chart and the Gold fractal! It's incredible, but it looks very similar. The level of correlation is quite high! Similar formation of tops, bottoms, breakout without retest and then now breakout phase with retest. The retest was successful. Very soon there will be the strongest growth! Good luck!
Horban Brothers!
ETHFI → A door has been opened to the bulls. Resistance retest BINANCE:ETHFIUSDT is forming a bottom. The coin continues to accumulate potential giving signs that the price is preparing to go up. The fundamental background is changing to favorable
The U.S. presidential election and Trump's victory have a favorable impact on the cryptocurrency market in the medium and long term. This will be especially visible after the inauguration of the new (old) president :). Fundamentally, the market opened another door....
Technically, there is a clear bottom at 1.092 with no attempts to renew the low, and a basic cascading support is formed, indicating the buyer's strength. The focus is on consolidation of 1.798 - 1.092. The price exit from this channel will be accompanied by a strong distribution (most likely upward)
Resistance levels: 1.798, 2.761 3.240
Support levels: 1.302, 1.092
There is a conglomerate of resistances ahead (descending line and channel boundary at 1.798). In the near future the market may continue to test this area with a breakout target. If the bulls can keep the defense above these areas, the rally will not be long in coming.
Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:ETHFIUSDT.P ;)
Regards R. Linda!
$BTC marketcap critical point, signaling the alt season coming.CRYPTOCAP:BTC has reached a critical 60% dominance level, which in the past has often signaled the start of an alt season. While history doesn’t always repeat itself, several other indicators confirm this signal:
- Stochastic RSI is highly overbought
- Bearish divergence
- MACD is also in overbought territory
Based on my analysis, altcoins are likely to see some relief in November, potentially pumping and outperforming $BTC.
Bitcoin - Fractals and PerspectivesThe willingness to learn, however, changes everything.
Active traders treat market analysis with an open attitude and they are interested in learning how to analyze the market structure. They combine concepts such as trends, patterns, and support and resistance to actively improve their analysis and trading skills. These traders are real manual traders.
This article is intended for those in the latter group, the learners and active traders. We will explain how you can understand the market with more clarity.
The Market is Fractal of Nature
Does the market move erratically? Or is there an order behind the chaos?
According to the Chaos Theory, the apparent randomness of chaotic complex systems depend on their initial conditions. The concept is not that complicated as it seems: basically the ‘chaotic’ behavior is really not as chaotic as it seems.
Simply said, there are underlying patterns that repeat in a similar way on all scales. This phenomenon can be seen in both natural systems, like weather and climate, and artificial elements like road traffic and economics.
And yes, this includes the financial markets in general. The market is Fractal in nature, which means that similar price patterns repeat on all time frames.
So I started researching fractals a few years ago. Many fractals have worked out, in some cases partially worked out, the study is a process of learning and growth.
I want to share it with you today.
Why it works I have already said in previous posts - because all the same asset managers all the same algorithms all the same emotions and all the same actions people make in this or that situation. The nature of human behavior cannot be deceived. that's why fractals repeat themselves.
I have selected all the structures of reversal and further perspectives of charts
The main indicators :
1. this is the formation of the bottom
2. Holding levels
3. Formation of a horizontal strong level and its breakdown
That's all bitcoin has done in the last year.
What's next?
Statistics I found only one fractal after which we update the bottom.
No rolling growth 4 fractals
And most of them are 20-40 sideways and up.
All fractals are below.
These are all the fractals I want to share with you.
Best Regards EXCAVO
$BTCUSD Bitcoin will continue to growBitcoin has been in correction for 160 days. Now, there is a redistribution of hands, and among those who bought for the past 160 days, the average purchase price is 64k.
According to the structure, we see liquidity withdrawal from the bottom in each correction—marked with red crosses—which means that they liquidate long positions and then continue to move up.
We still have a year until the end of the bull cycle, and I think you will be pleasantly surprised when you see what prices will be in the next three months. Summer is over, and the most interesting time in the market is starting.
I am now more focused on the altcoin market and the cryptocurrency market. As they have more potential to rise/fall:)
Right now, the fear and greed index is down
I'm looking positively into this fall and the next three months. If there will be a fall, it will not last long and will be bought back quickly.
Best regards EXCAVO
$NOT breaking out.GETTEX:NOT coin breaking out, projecting aproximatelly 250% gains.
If buying spot, I wouldn't sell more than 30% at projected price.
It looks like it will go a lot more than projected, also people starting to talk about it, youtubers doing TA on it, GETTEX:NOT can breakout anytime.
BTC Weekly Chart is Showing Major StrengthThe last weekly close and open for BTC have broken the overall weekly structure of consolidation. A weekly close above the support would confirm this. Things are looking good for BTC in the bigger picture. Hold on to your hats, we have a year of volatility coming to us.
Not financial advice.
Do your own DD.
Thanks for looking at the idea.
What you need to start a new trade
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost" as well.
Have a nice day today.
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(BTCUSDT 1D chart)
For those who bought below 70148.34, it would be good to set the 72344.74 point as the stop loss point and respond.
If the rise continues,
1st: Left Fibonacci ratio 1.618 (76787.43)
2nd: Left Fibonacci ratio 2 (80999.68)
3rd: Left 2.618 (87814.27) ~ Right 1.618 (89050.0)
You can respond depending on whether there is support in the area above.
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In order to proceed with a new transaction, it is recommended to check the position of the StochRSI indicator when a new candle is created.
This is because you can focus on finding a time to buy when the StochRSI indicator is below 50, but you should focus on finding a time to sell when it is above 50.
Based on the current price increase, it is expected that it will not be easy to proceed with a purchase because the StochRSI indicator is expected to rise above 50.
Accordingly, I think you should conduct the transaction from a short-term trading (day trading) perspective.
The difference between day trading and short-term trading depends on the response method.
In other words, day trading means conducting transactions within a period that does not exceed the day if possible.
If you want to exceed the day, you must secure a certain amount of profit through partial sales, and you must set a reservation sale at the stop loss point.
(1h chart)
To conduct day trading, check the movement of the 1h chart.
(You can use the time frame chart that you usually see and trade.)
Since the BW(100) and HA-High indicators are created, it means that a high point has been formed, so when it is first created, the price is likely to fall from that point.
Therefore, you can conduct a transaction when the price rises after falling and shows support.
If it rises after falling and shows resistance in the BW(100) and HA-High indicators, you should judge that it is likely to fall.
At this time, it is a good idea to check the movement of the StochRSI indicator.
The BW(100) line has been created, and the StochRSI indicator is showing signs of turning from an overbought zone to a decline.
Accordingly, even if the price rises, it can be interpreted that there is a high possibility that it will face resistance near BW(100) and fall.
Although there is a possibility that it will occasionally lead to a sharp rise, I think it is better to interpret it in a direction with a higher probability and respond accordingly.
Therefore, it is currently a time when it is burdensome to proceed with a purchase.
-
Since the reporting high (ATH) has been updated, support and resistance points can be displayed on the 1M, 1W, and 1D charts.
Therefore, it is not easy to select a point to use as a reference point when trading.
However, as I have mentioned before, you should select the 5EMA of the 1D chart and the M-Signal indicator of the 1D, 1W, 1M charts and the BW(0), BW(100), HA-Low, HA-High indicators as support and resistance points and decide the trading time based on whether there is support.
As I mentioned earlier, you should respond based on where the StochRSI indicator of the 1D chart is located based on the 50 point, so you should select the position to start trading on the 1h chart accordingly.
Since you start trading only with a buy in spot trading, you should think about it and trade accordingly.
-
Have a good time.
Thank you.
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- Big picture
It is expected that a full-scale uptrend will start when it rises above 29K.
The section expected to be touched in the next bull market 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 where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section.
#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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BTCUSD Can it repeat Nikkei's 80s mania phase?This is of course a highly speculative but fun chart between Bitcoin / BTCUSD and Nikkei.
As you can see Bitcoin has been following Nikkei's post 1950 parabolic curve up to the point that it tested the 1month MA50 and rebounded aggressively to cross above the curve.
That was Nikkei's 80s Mania Phase that inflated the economic Bubble that burst emphatically and caused hyperinflation, not allowing Japan to recover up to this date.
Bitcoin is based on that comparison on a similar pre-breakout situation.
If it does break above the parabolic curve, which will mean a new narrative for Bitcoin with industry wide adoption and commerce use, we should be seeing (again based on this Nikkei comparison) an extension to the 10 Fibonacci level.
Previous chart:
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BTC Diamond Ser ?- While bears see bearish pennants, I see diamonds in the rough.
- I remain bullish, not due to the price, but for the sake of humanity.
- This isn’t an analysis, just a light-hearted joke, so please don’t roast me too hard! 🙏.
- Remember, diamonds are forever.
- Hodl!
Happy Tr4Ding!
BTC, S&P, USD: Market react to trump victory Former President Donald Trump claimed a sweeping victory over Vice President Kamala Harris in the 2024 presidential race. As a result, the U.S. stock market surged, with Tesla, banks, and bitcoin all charging higher.
Trump’s pledge to slash the corporate tax rate to 15% from 21% could lift S&P 500 earnings by roughly 4%, according to projections from Goldman Sachs.
The dollar index climbed more than 2%, topping 105 for the first time in four months, as markets priced in a stronger greenback under a Trump administration. Investors anticipate his policies will fuel inflation, which would pressure the Federal Reserve to maintain elevated interest rates to prevent an overheated economy.
Bitcoin hit record highs as well, boosted by Trump’s campaign promise to champion cryptocurrency. Bitcoin surged to an all-time high on Wednesday, spurred by expectations of a favorable regulatory environment.
How much of Trump’s agenda will become reality remains to be seen, with Republicans’ control of Congress yet undecided.
Bitcoin BTC Forecast: Trump Wins, What’s Next for Crypto?Hello, Skyrexians!
Earlier this year we made the predictions for Bitcoin and Ethereum. We assumed that price has finished the wave 4 for Bitcoin and wave 2 for Ethereum. Here you can find predictions:
Today it looks like our forecasts are playing great. Trump won the elections in USA and cryptocurrency showed us the significant growth in one day. Bitcoin was even able to set the new ATH, some altcoins are also feel good. In today's article we are going to discuss if Trump really triggered new wave of bull run, or this is just a fake pump and soon we will see huge crash.
Navigating Bitcoin bull run: where is the final target
First of all let's take a look at the entire bull run which started at $15k. We can see on the chart below the beautiful impulsive wave.
This bull run shall consists of 5 Elliott waves. Maximum Awesome Oscillator value corresponds to the wave 3. Then we have seen the corrective wave 4 to 0.5 Fibonacci level. Look at this perfect touch! Do you remember the panic on the market on August 5? But we were sure that this is the end of dump. Awesome Oscillator crossed zero line also at this period of time. It was the early indiction that all this annoying correction is almost done. Then we saw the growth with the new ATH for Bitcoin.
Now price is printing the wave 5. Where is the target? Using our methods we predict the finish of bull run in the range between $85k and $107k. If you noticed - targets are unchanged! So, we suppose that bull run for BINANCE:BTCUSDT is almost over. It will continue climbing up on this optimism, but not so far. Now let's try to understand more global price action.