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Fractal

Range Sqeeze 1-Sep-24The start of the month has landed on a Sunday, which when combined with the low liquidity of a Sunday suggests potential volatility. We have also been ranging near a big even ($60K), so we can expect many stop losses to be placed there, making it a target for liquidity hunting. The same can be said for the triple bottom at around $58K The full oscillation shown here isn't necessarily likely, but it should be anticipated since it would provide an excellent opportunity without additional risk when compared to only trading the high and low.
BITMEX:BTCUSD.P
by ThousandDollarBitcoin
Possible forecast for BTC (Long-Term Movement)Just simply using fractals of BTC's own movements to map out what looks like a good chance of happening over the next 6 years. Crash in 2030 allowing for a new cycle of investors to jump in? Teasing between 87K and 13K allowing for high volatility and short/long sweeps. Provides room and time for the web3 and alt-coin market to gain momentum, usage, and volume. We will see! *NOT INVESTMENT ADVICE | FOR ENTERTAINMENT PURPOSES ONLY The market is impossible to predict. Anything can happen in the next 5 - 6 years. This is the most level-headed and realistic forecast IMO. What do y'all think? :) Comment your thoughts!
COINBASE:BTCUSD
by wavehellofriend
1
NZDJPY: The Case for Shorts – Key Fundamentals and TimingThe New Zealand Dollar to Japanese Yen (NZDJPY) pair is currently showing bearish potential due to several key fundamental factors. Japan's upcoming fiscal year 2024/2025 wage negotiation results, expected on March 15, could strengthen the yen if wage increases meet or exceed expectations. Additionally, the Bank of Japan's monetary policy decision on March 19 may signal a shift away from negative interest rates, potentially boosting the yen. Meanwhile, New Zealand's economy faces headwinds from a cooling housing market and slowing global demand for its exports. The yield premium of New Zealand bonds over Japanese bonds has been shrinking, reducing the attractiveness of holding NZD. My overall bias for NZDJPY is bearish based on these factors. I'll be using probability-based analysis to determine optimal entry points. Currently, I'm waiting for the probability of a bearish move to exceed 50% before considering an entry. 12M: 1D: Hourly timeframes: Please feel free to share your ideas and comment below!
by Jasminex1x2
ETH 2400 - 2000So ETH broke down. Send it lower. Found some interesting areas of interest using the OHL (open, high, low) this year and previous years. There is a strong interest zone between 2400 and 2000. Found lots of confluence. Yearly open marked by red line with the yearly highs and lows marked in black. 1. Yearly open at 2282 2. Yearly low at 2095 3. 2023 yearly high at 2447 4. April 2023 high point (orange arrow) similar point to the yearly low at 2095 5. Price coming below the 200d MA and 52W ma 6. Aug - Oct timeframe seasonality 7. Similar chart setup as last year I'm not an ETH bull anymore but I think this chart here shows a good longer term setup. The 4th year in the cycle is typically the strongest and I expect this time to NOT be different. Can also see how the 2022 yearly high and open at 3800 act as strong resistance thus far in 2024. They're really gonna let us run it back again muahaha.
CRYPTO:ETHUSD
by bhx10
ConstitutionDAO PEOPLE price at critical pointEverything is so “great” in the cryptocurrency market now that the OKX:PEOPLEUSDT pair ranks 15th in terms of trading volume among all cryptos) 🔼 But in the current situation, it is worth keeping an eye on the #PEOPLE price, if it manages to gain a foothold above $0.07, then a powerful blue wave of growth may be waiting for it. 🔽 On the other hand, the current pattern is very similar to the situation in 2022, and accordingly, the possibility of a strong red drop remains. Therefore, it is better to watch but not buy yet. And make trading decisions after one of the possible scenarios is confirmed. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
3
Bearish EURCHF Trade Idea: 58.96% Probability of Hitting TP1!The Euro is facing headwinds due to ongoing economic challenges in the Eurozone. Persistent inflation concerns, coupled with the European Central Bank's cautious monetary policy stance, are weighing on the currency. Meanwhile, the Swiss Franc continues to benefit from its safe-haven status amidst global economic uncertainties. Geopolitical tensions in Eastern Europe and economic slowdown fears in major Eurozone economies like Germany are further contributing to the Euro's weakness relative to the Swiss Franc. The Swiss National Bank's commitment to maintaining price stability also supports the Franc's strength. Regarding the trading strategy, I'll be employing a probability-based approach to enter short positions on EURCHF. I use an indicator that does all the probability calculations based on historical data. Here's the comprehensive top-down analysis: 12M: 1D: 6H:
Short
by Jasminex1x2
1
Probability-Driven NZDUSD Long: 54% Chance of Reaching TargetI'm sharing a bullish trade idea for NZDUSD, supported by several key fundamentals. The U.S. dollar is weakening due to expectations of interest rate cuts by the Federal Reserve, which is beneficial for the New Zealand dollar. Additionally, New Zealand's economy is showing resilience, especially with favorable trade balance data and stable commodity prices, particularly in dairy exports. To find the best entry points for my long positions, I will use my X1X2 strategy, which focuses on identifying high-probability trade setups. This strategy involves analyzing recent price swings where the probability of a successful trade is over 54%. 12M: 1W: 6H: Short-term 6H is holding bullish, aligning with our 1W bias.
Long
by Jasminex1x2
XRPUSD: Analyzing the Path to New HighsThe crypto market is showing renewed strength, and XRP appears to be in a good position for a bullish move. Recent positive developments in the regulatory landscape are reducing uncertainty, which could lead to more institutional interest and liquidity. Additionally, Ripple's ongoing innovations in cross-border payments are enhancing XRP's use case, making it more attractive to investors. To capitalize on this potential bullish bias, I'm planning to use probabilities to find the best opportunities to enter long positions. I’ll focus on setups that offer a favorable risk-reward ratio and will scale into my trades as the bullish bias confirms. 1M: 2W: 2H:
BINANCE:XRPUSDLong
by Jasminex1x2
Possible ETH Recovery Yea ETH is getting dummied and chewed up all over the timeline and on the charts. It is still underperforming BTC and SOL. However, amidst all the FUD it has an ETF and some diehard users. ETH likes to die, come back to major support, then slowly grind higher. The market is a discounting mechanism for participation. Everyone wants to sell ETH or short it and I don't see or hear many ETH bulls nowadays. This leaves a strong asymmetric opportunity for the bulls if there are any left. A move down to take out longs SL below 2500 and push to 2300 is not out of question but this fractal from JAN 2024 sums up my idea on where ETH might head towards in the coming months. There is a lot liquidity at the major sell off levels that typically gets tested or filled. ETH is in a major downtrend no doubt and the berus are winning. But something has to give and right now the RR is skewed far more towards the longs and bulls imo.
COINBASE:ETHUSDLong
by bhx10