WILL BULLISH ORDER CANDLE ABLE TO REVERSE AUDUSD?AUDUSD pair now hovering over the bullish order candle. Will this be sufficient for the pair's bullish reversal to test its recent swing high? Goto LTF to establish bullish market structure; else, pair may still go further down.
N.B!
- AUDUSD price might not follow the drawn lines . Actual price movements may likely differ from the forecast.
- Let emotions and sentiments work for you
- ALWAYS Use Proper Risk Management In Your Trades
#audusd
Economic Cycles
How This 3 Step System Works In A ReversalThe power of a reversal is something
you will see inside this video
In this video you will
see the reverse pattern
combination with the rocket booster strategy
to show you how to trade Forex
Not to mention that the Fed interest rate
decision did influence the
prices of some assets in the
stock market
In this case we are looking at CAPITALCOM:GBPUSD
This video will educate you and show you
how to trade Forex using a reversal pattern
Rocket boost this content to learn more
Disclaimer: Trading is risky please learn risk
management and profit taking strategies
Also feel free to use a simulation trading account
before you trade with real money
Potential trade setup on GBPUSDWe are looking at a short trade on GBPUSD based on the stretch strategy. There is trend,stretch and direction alignment with this trade on both 1h and Daily TF. Late entry was taken on price breakout after retracement. There is a high probability for range,previous daily high and range to be formed to the downside. We will exit the trade once range has been achieved.
Trader Order Details:
GBPUSD(Short)
E - 1.2407
SL - 1.2428
T - 1.2387
We will be tracking this move and updating the post as we go along on the charts and on video. Keep a look out for it traders.
Bitcoin Long-term Holder CyclesViewing market cycles through the lens of long-term holder behavior can provide valuable insights. This chart tracks the collective balance of long-term holders, highlighting periods of accumulation (green) and distribution (red) across different market phases.
Distribution phases align with bull markets, and we are currently in one. The duration of these phases can offer clues about what to expect in the current cycle—assuming market dynamics remain consistent.
The first accumulation phase lasted approximately 1,000 days , followed by the second at ~820 days , and the third at nearly 800 days .
The first distribution phase lasted ~530 days , the second 420 days , and the current one has reached 385 days so far.
At first glance, this may suggest a contracting cycle. However, with only three data points, it's premature to establish a definitive trend. A more prudent assumption is that the current distribution phase will follow a similar duration to previous ones—likely spanning 400 to 550 days.
For illustration, if this distribution phase were to last 500 days, it would place its end around mid-May. However, this still leaves the most critical question unanswered: how does this relate to price?
Historically, distribution cycles tend to end after market cycle peaks. As prices decline, long-term holders gradually slow their selling and begin accumulating again. This suggests that a market cycle peak before May should be considered a logical scenario within the current cycle.
CHR Set to Skyrocket? Potential 43x to 165x Ahead!▍Reason 1:
BINANCE:CHRUSDT is perfectly replicating the price structure from the last bull run.
You can refer to the points I marked (1-7) in the chart.
In the last cycle, point 7 marked the lowest point before the price surged 84x.
▍Reason 2:
Since January 2021, CHR has been forming a multi-year symmetrical triangle, and it's now approaching the end of this pattern.
According to triangle consolidation theory, this means a major breakout is imminent.
Considering that altcoin season is also approaching (I've attached my previous analysis below), CHR is very likely to explode upwards!
▍Price Target Projections:
1. Fibonacci Target (marked in the chart) suggests a target of $6.6, representing a 43x increase from the current price.
2. Triangle Breakout Target (marked in the chart) suggests a potential high of $25, an incredible 165x from the current price!
I don’t think this bull run will deliver 100x+ gains, but with this potential, isn’t it worth getting in now?
for more future script 'guesses' like this!
2025 BTC.D - History Doesn't Repeat Itself, but It Often RhymesJust thinking through this idea in regards to BTC.D
In the last cycle BTC.D ramped up to consistently being above 60%, after its June 2020 lows, in the 4th week of October 2020. It ran up to 100% by the end of 2020 and then proceeded to roll over and fall back below 60% by the 3rd week of January 2021. Altseason started at the beginning of February 2021 with ETH & large cap projects. I'd like to think that Altseason officially ended by the end of May 2021 with a wild frenzy into memes (Doge, Shiba, Akita) setting new ATHs.
If we're applying that same logic to this cycle then... BTC.D. will begin its ascent towards 100% dominance by passing 60% by the end of October 2024 (as of today, it's October 30th) and then start to roll over the 2nd-ish to 3rd-ish week of January 2025, to start the New Year! From there we can estimate that Altseason will start sometime around the 1st-ish week to 2nd-ish week of February 2025. It will last until, I'm thinking, the end of April 2025 to middle-ish of May 2025 (at the latest).
Additional Thoughts:
We may get a blowoff top scenario by end of September 2025 / October 2025... but that's TBD. I'm not sure a double peak is guaranteed or in the cards this cycle. So, it may be wise to leave something in your bag headed into the end of year (Q3 / Q4), just so you can say mama we made it. IDK - just thoughts and not financial advice.
Resource & Thoughts
Consider the Path to Altseason by Secrets of Crypto
Would definitely have to consider macro, m2 & m3 and the US presidential election
CYCLE 4 | 200 Week SMA ATH Estimation MethodA quick post to capture the current observed relationship with BTC cycles and the 200W SMA.
When the Horizontal Prine Line (Green) from prior Cycle ATH meets with the 200W SMA (Aqua), this has traditionally approximated the next BTC heigh in the following cycle.
Using this approach, we have estimated where this in time could occur for the current cycle.
Will be interesting to see how this tracks in Cycle 4.
Sensitivity of Sunday Opening Price in ICT Concepts!!In the context of ICT (Inner Circle Trader) trading concepts, the "Sunday Open Price" refers to the price at which a currency pair opens on a Sunday evening, usually during the Asian market session, which is considered a key reference point for identifying potential market imbalances and trading opportunities throughout the week, as it often marks the start of a new trend or price movement.
XRP Elliott-Wave AnalysisI think XRP will remane the frontrunner in this Bullrun.
As visible in the chart, I'm expecting a small wave-4 to finish soon, with the price ready to break out of the triangle pattern. Afterward, the price could jump up quite impulsively, completing wave-5 of the larger wave-(3).
LINK Fractal | ALTS | Chainlink can EASILY +90%Chainlink is one of those alts that haven't yet made a new ATH with the rest of larger alt market group.
This means that the bullish cycle is taking a detour and it could be extended to another multi-month cycle, as I've previously stated in my BTC updates.
If LINK follows the previous pattern of a multi-month extended patter, we could see a fractal playout that takes us beyond the current ATH over the next few months.
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BINANCE:LINKUSDT