Exponential area of btc halvingBtc is always in an uptrend, due to constant 6.25 bitcoins created every 10min. Here is a chart with the halving sand theirnrelatiins ship to each other and to the overall upward trendline.
Fibs
BTC Daily-- LONG ABOVE 29K!Here are some Fib levels that demonstrate entry and targets for bitcoin IF we can break out of the current range (Above 29k). Best practice is to move stops up at each target as it is broken. As can be seen, there is a lot of confluence between the fib levels and support/resistance zones on the daily chart.
Bigger daily shark harmonicIv been looking at a shark harmonic on the daily for a couple weeks now, however with todays breakout I fear it hasn't played out how I intended.(however the daily candle closed within target 👀)
But then I saw this....
ROSE targets above Rose/Usdt #ROSE #roseusdtHere we see our Rose 3 day chart .You can see that dark blue 200 MA line above us near .1472 and I think that's definitely a target we'll be going towards soon . But if we follow FET and break over that dark blue 200 MA then what are the targets above there ? Because we're going to look for the possible top of this run . Well, for that we have to look at our fib lines . That's our fibonacci lines . These are often an area that gets revisited on any altcoin chart . And for ROSE tether pair we can see to the right hand side of the chart there are some dotted lines and those are next to the probable target price areas . First target is the .618 fib near 38 cents . If other altcoins are running up to these levels then we can expect to probably see Rose go up there too . Next target is the .65 fib near 40 cents - this .65 fib is called "The Golden Fib " and could definitely be a top target . The last target for now and possible top could be the .706 fib near 43 cents - this .706 fib is often thought of as a reversal area as well . So if our possible alt run continues then we could look for these targets . At this point most people think Bitcoin bottom was in back in November and that the market is going back up - at least for awhile . Let's see .
Potential Swing idea on NZDCHF.. Longs above .56000Banks hedge buys and close sells above .56000 Looking for longs on weekly chart at this level
FX:NZDCHF
BTC-USDT Long Term Perspective leading to bottom of bear marketThis chart has been saved now for a month since I noticed the correlation and started suggesting we could see the move start to play out and it has now started the first leg of the run down which correlates right around this March 20th spring equinox, which all adds up to the fibs in the charts. Fib cirlces is not a metric I see many people mess with, but I have found in all of my relative experience that anything fib related seems to be some of the most accurate measuring units, whether its simple fib retracements/extensions, or more advanced metrics such as circles, channels, wedges, etc. which I assume has to do with the fact that fibs in general are based off the mathematical idea of fib sequencing which is based off of real life patterns seen amongst all things in the natural world. This is also why I like to give fibs the benefit of the doubt more often than not due to the fact that I personally believe anything that can be seen in nature with the high volume we see fibs for example, has to have some bearing when compared to charting, which we all know is based highly off of raw human emotion, therefore giving this chart the respect I have since noticing the pattern. I believe we will see more downside, and I do believe we will bottom right around 9.5 as there again is correlation, once again finding 3 specific points of confluence, just as noted with this last drop in the market that started the last 24 hours and is still playing out. We will see bounces that serve as more bear market relief rallys, but that is all these small points of upward movements are. Therefore is you are a long term style investor, that information would suggest waiting for more downside before DCAing into your position, or however you prefer to invest. And for those of us who daytrade, swing trade, scalp, etc. know that this will not go straight down but will crab as usual, with waterfall drops playing out during the continued downside, which I give until the fall equinox this year. Therefore, expect the bottom to play out in the fall sometime, before we finally see sustainable higher highs, etc. I will update weekly, but wanted to start by giving a brief macro synopsis, and apologize to anyone who finds this informative that I did not publish this sooner. I am just now learning how to do all this publishing stuff and so bare with me, no pun intended.. lol. but seriously, I am sorry as I have been posting non stop now in the chat for a month and just hope there was at least one person I helped either to make money, or refrain which in return helped them from losing money, which I have learned in my short career of trading for a living, that more times than not, saving money by not entering has been so crucial, often times way more so than that big trade that realistically only happens a couple times a month. The majority of doing this for a living is having the patience to wait for these solid moves, which I wish I knew when I first started. (that and the fact that any type of larger leverage will be your death) - Learn to trade with 5x or less and thank me later. Anyways, back to the point, I will upload as much as needed for hopefully anyone looking to get into trading, or more specifically interested in BTC, I hope my idea from here on out play as a beneficial piece to your success, and look forward to any criticism as that sharpens my skills, and of course questions or praise are gladly accepted.
-Alex
ETHThinking ETH will keep grinding higher while BTC corrects. If you watch ETH longs on Bitfinex you can clearly see that longs are at very low levels. While watching BTC longs on Bitfinex we can see that the trend is parabolic and bitcoin longs are just full ape mode.
Would make sense as well since many alts are lagging the huge BTC move off the $15K lows. Unless you altcion bag has the words AI in their coin summary bio , well then you likely missed most of the Jan- Feb pump.
BTCNot the cleanest looking chart but it's been getting the job done. March is now likely a bullish ABC back down to $19k-$20K to make the S/R flip. I think hitting the 618% around $18,500 would make me very bullish about a very possible W2 being completed after the 5 up from $15K is now complete. GL everyone ;)
BTCUSDT - Macro Levels Fib based levels, confluence with nPoc and Weekly support horizontals. Breaking 0.382 would in theory be breaking the uptrend. Ideally should you should favour upside, the price should stay above the 0.382 fib extension.
Trade the levels, don't try predict the future or have any bias. It is what it is on the day.
DXY - Double Top and FibsDXY Double top and fib extension on downtrend. Target level as posted before, this as confluence, Fib Negative Extension -1 at 95.00 points and for confluence Expansion Fib Extension at 2. Interesting.
BTCUSDT - Fib Channel - FibFan, Falling Wedge and Fib Fan ResistFib Fan resistance 0.75 actually follows the trend of the falling wedge. Interesting...
DXY - Chart Patterns (Update)Chart pattern land mine on DXY . Play the levels, standing firm on my previous analysis. Posted as link below. Playing the levels and patterns as always, not attempting to predict the future. 97.5 bottom Range to 105 top of the range.
Update: Possible rising wedge forming to mid channel. Middle between 95 and 105 at approximately 100, the bottom of the current Thurs 02 Feb 08:00 low.
Gold technical analysis After the GDP news of CAD , GOLD was shooting up to 1831, and fall down UDSCAD because has inverse correlation with gold.
now gold is ready to fall down to 1813.
Get short and good luck 🤞
ETHBTC - Falling Wedge within a Falling Wedge16hr chart UTC +1
Falling Wedge within a Falling Wedge . 1 to zero fib extension drawing levels of support and resistance . Clear breakout from smaller Falling Wedge . Tp (Take profit) zones included. Daily and weekly support levels included.
ETHUSDT / ETHBTC - BreakoutETH very conservative breakout. Key levels being very well respected. ETHUSDT breakout from downtrend channel, 0.382 bullish Fib, and above 2 weekly levels of resistance. ETHBTC broken out from major downtrend, trend line (blue), currently bouncing of a weekly!, and early breakout from a Falling Wedge. Trade as always with risk management. Technically, looking good for a breakout to the upside.
BTCUSDT - Possible Bullish Gartley Harmonic12 Hour Time Frame UTC+1
Fib pulled from X to A with confluence on 0.618 and nPoc (s) at 22,500 to 22,650 for first impulse move. Looking at a retest at these values. Should this retest fail, that would probably invalidate the pattern.
Should the pattern continue to play out, will be looking at resistance drawn from Fib pulled from A to B, 0.618 resistance or 0.888 typical Gartley Fib.
Should the pattern continue to play out, will be looking at a retracement back to daily at 0.782 between X and D impulse. Will be looking for a bounce at 0.382 (or 0.5 not on chart) for momentum to the upside as well to the upside.
BTCUSDT - Descending Triangle After loosing a key Weekly on a move to the downside, next question is where to next right? Spent the morning trying to second guess the market and in essence try predict the price. Garbage. Trade the moment and whats in front of you. Knowledge is power.
Well respected in my opinion backed by some decent fibs is a descending triangle. Fibs drawn from highs to lows, where 0.618 resistance levels within the triangle seem to be well respected. The 3rd of which is an estimate.
Breakouts, I suspect are outside the triangle, with each of the previous Fibs at 0.618 acting again as resistance. Target low should the price break down, be the fib extensions 1:1, in red. 1 particular of interest is the nPoc at 22,500.
Note: 4 consecutive days where the price hasnt broken higher then the day (or previous day close). Ill consider bullish momentum should we break above yesterdays close price, especially a closing a day.
BTCUSDT - Uptrend Support for Upside MomentumFib drawn from an impulse move to the recent high at current price level above 0.382 is bullish. Consider breaking the 0.382 for considerable downtrend, selloff. Until then, uptrend all the way! Retracements happen.
My opinion, at present buy this dip.
DXY breaking outDXY starting to turn up from it's falling wedge pattern. Definitely will cause turmoil for equities and Crypto.
Bnbbtc - possible flip resistance Flip resistance bnbbtc which could see a BNBUSDT rally. On mobile.
BTCUSDT - Bull Flag RangeChannel drawn on most recent trend and as can be seen well respected with previous trend. 0.382 respected from, fib retracement pulled from bottom of impulse move to recent high. 0.382 until broken is a bullish signal. If lost would expect heavy selling. Bullflag and support/resistance levels.
