Economic Cycles
Harmony ONE Tripple Bottom 100% - 1000+% Harmony ONE is attempting to break out of a Tripple Bottom trend change pattern. If it can hold above the point of control, we could see 270% upside.
There could be a pull back on the daily, as long as we consolidate above $0.02, quadruple bottom, could 10x in alt season.
$AKT Cup & HandleSince September 2021, we’ve been witnessing a massive Cup and Handle pattern taking shape, signaling potential bullish momentum ahead. With the Fed’s recent 50bps cut acting as a catalyst for risk-on assets, now is the time to pay attention!
As BTC dominance (BTC.D) shows signs of topping, select altcoins with genuine adoption and utility are poised for significant rallies, possibly reaching new all-time highs. Keep your eyes peeled on these emerging stars in the crypto space!
Long trade
15min TF entry
Pair GBPUSD
Buyside trade
Tue 24th Nov 24
NY to Tokyo Session PM
4.00 pm
Entry 1.25692
Profit level 1.26455 (0.61%)
Stop level 1.25584 (0.09%)
RR 7.06
Reason: Observation of price action indicative of a buyside bias
(based on the narrative of supply and demand and liquidity)
Target - Sunday 30th June 24 Open Price 1.26488
SOLANA $SOLUSD should continue rally after pullback endsSolana COINBASE:SOLUSD already confirmed bullish sequence by confirming higher high above March-2024 high. Since August-2024 low, it ended 3 of (3) at last peak and expect pullback in 4, which soon will end before it should continue rally in 5 of (3).
Breakout Signals via Asymmetrical AveragingSpecial Application of Average Bullish & Bearish Percentage Change Indicator
INDICATOR AVERAGES BULLISH AND BEARISH VOLATILITY SEPARATELY THROUGH THEIR NATIVE PAST CANDLE COUNT. NOT PERIODICALLY!
Asymmetrical averaging is a versatile technique that involves assigning different lengths for independent averaging of opposite market forces. This adaptability uncovers high-probability breakout signals by establishing a threshold that filters out irrelevant fluctuations.
Below, I illustrated 2 practical examples of the method applied to bullish and bearish breakout scenarios:
Bullish Breakout Example:
Set the bullish averaging to 30 and the bearish averaging to 1000.
If the bullish average consistently surpasses the bearish threshold, it indicates robust buying momentum and a potential breakout to the upside.
The extreme bearish average establishes a consistent baseline, filtering out short-term fluctuations and focusing on significant upward momentum to deliver reliable bullish breakout signals.
Bearish Breakout Example:
Set the bearish averaging to 30 and the bullish averaging to 1000.
If the bearish average rises above the bullish threshold, it signals growing selling pressure and a potential breakout to the downside.
The extreme bullish average provides a steady reference point, eliminating minor fluctuations and isolating significant downward momentum for dependable bearish breakout signals.
LINK TO THE INDICATOR:
BTC ATH | Bitcoin Dominance | Alt Season Interesting insights can be gather from the Bitcoin dominance chart and the altcoin chart (TOTAL3).
You can see some interesting patterns when you overlap them, and monitor for previous "fractals" or patterns.
Some of the key insights you can gain from this combo:
👉 The BTC peak / ATH, or not
👉 The end of Altseason
_________________________
COINBASE:BTCUSD CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3
Trade Recap: USDJPY - LONG, 26/11/2024UJ Bias Analysis: Not the best looking pair in hindsight, but with a clear counter-trend established to the upside, price had corrected to the 79% discount level during NY Killzone, sweeping session liquidity before entry confirmation was received.
Grade: Low Risk
What I did well or could've done better:
- Executed according to the plan and managed the position accordingly.
Alt Market been super boringUntil Eth makes its run, alt coins tied to it for the most part will continue their boring pattern.
AI hype seems to have died down and Fetch will probably make a run, but a 2-4x on this coin is probably the most we will see. Hopefully I am wrong.
Keeping my eye peeled for the next faction of this market run up.
BLX curves worth more than long speechesHistorically this indicator provided a good overview of the range of BTC price since its early days. Obviously, in the long term it will become depreciated. However, so far, it seems to be pretty accurate. This is the result of 2 curve lines on both ends.
Noting that tops are difficult to draw accurately and predict since we are on a logarithmic scale and fewer tops are touched (a small change puts the price to 195k$).
Yet, it provides a pretty accurate insight of what the bottom price could be.
For people who don't own BTC, a good strategy would be to be patient and start an aggressive DCA strategy close to the bottom curve.
BTC USDT - day trade 25/11/2002BYBIT:BTCUSDT.P
Bitcoin Day Trading Plan
The process reveals a powerful decline below the trading range, reminiscent of a TSO (Terminal Shakeout).
Particular emphasis should be placed on the green candlestick, which indicates the presence of high-quality buyers in the process.
Additionally, it is evident that the entire downward movement is accompanied by an extremely low RSI, significantly below the 30 level.
Clear bullish trend and signsAlthough we could see a draw back to arnd 65k support, btc will see ATH's soon. I predict the end of this bullish cycle arnd 105-115k.
Cup&handle formed.
No advice, just my believe/interpretation.
Due to the power of big players we could see manufactured dips, I'll consider these as false.
Cycle 4 | LOG Trend LinesA throwback update to some of our earlier posts looking at long trend lines and extending them from points of interest... use the Interactve chart and future price movements to see how successful / useful they have been in identifying potential points of interest for support and resistance.
Currently BTC is interacting with long trend lines developed from our prior cycle technical and ATH. Trend line angle when extended below shows how future price resect these line levels.
Is Now The Time To Call The Top?With a new higher high formed on the Dollar, which mitigated a monthly Order Block and weekly Fair Value Gap, is now the time to be asking whether the top is in and a major reversal is pending?
Personally, I say yes, but price action still needs to confirm this as we can always continue trading higher. On the daily we have minor and major swing points from which IRL can be mitigated before a continuation higher and for the time being I'll be monitoring the various points as per the analysis for signs of a continuation higher or
The subjectivity in my analysis stems from the fact that pairs are no longer trading in unison across the board with EU still tumbling lower with the Dollar while AU has begun shifting higher. UJ is not clear as it's exhibiting signs if going both higher and lower so monitoring further development will be key.
My bias for the WEEK is as follows:
DXY - LONG
EURUSD - SHORT
AUDUSD - LONG
GBPJPY - SHORT
USDJPY - LONG
$LINK Breakout Imminent! $150 Easy!CHAINLINK IS A SLEEPING GIANT 🦣
It has been going through a 938 Day accumulation phase, and pushing for a breakout ~$25.
While we’ve been seeing other 2017 dino-coins reach their previous ATH, CRYPTOCAP:LINK is still 200% away from its own.
LINK will easily hit $125 - $150 this cycle, which will put its market cap ~$80-95 Billion.
That’s the current size of the CRYPTOCAP:XRP market cap, and we all know Ripple is a vaporware company whose main revenue stream is dumping tokens onto the open market.
Chainlink on the other hand is imperative for the functionality of web3 dApps as its oracles provide smart contracts on blockchains with access to real-world data.
This is why the largest global financial messaging platform, SWIFT, has incorporated Chainlink’s CCIP into their systems.
Easy 8x from here.
Biggest no-brainer Risk / Reward trade left on the market 💯
Crypto Week 47 AnalysisIt seems like that all Major 3 Crypto Coins are in Premium.
All of them are above True Week Open, True Month Open and True Year Open except for BINANCE:ETHUSDT.P Which is below True Year Open.
We are using a gap from previous Year Q4 that merge with a weekly gap. and we have a PSP in a weekly graph right about it.
Near True Year Open BINANCE:ETHUSDT.P there is a Gap from previous Monday in 3h graph.
I think I would like to see BINANCE:ETHUSDT.P getting into the 3h gap and targeting the True Year Open.
Current target in BINANCE:ETHUSDT.P is True year Open
After touching it I'll be bearish since the price is in a major Premium.