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Fractal

BTC | FRACTAL | Multi Month to Higher High?BTC has been full of surprises - but I'm not complaining. Initially, I was following a strict Elliot Wave Theory pattern, which played out extremely well - until the price shot out above the target. I then re-adjusted the target to just under or just over 100k, which hit shortly after. The most interesting part though, is actually Ethereum. The fact that ETH has not yet made a new ATH after the dramatic BTC high, likely tells us the bull cycle is far form over. I've been making a few updates on ETH and Altseason, and how you use the BTC.D chart, the BTC chart and the TOTAL# together to get a clear indication of where we are at in the cycle. I've done MANY updates using this chart, because it is such a powerful combo to use. The fact remains - we have not yet seen a new ETH ath. This raises flags (and in the best possible way) indicating that the bullish cycle is not yet over. _____________________________________ BYBIT:BTCUSDT COINBASE:ETHUSD
COINBASE:BTCUSDLong
by CryptoCheck-
1
Potential Supercycle brewing w/ left moved cycle narrativePlease view my previous idea on the left moved/translated cycle, that would now pave the way for the Supercycle á lá Su Zhu. Early and aggressive market top that would then send us as low as the prices we have seen during the ETF introduction to the market (potential bottom around 36-42k) / smashing right through the previous ATH as support and then go higher. I expect the macro situation to worsen, but the damages that have been done during Covid, will heal over time (Inflation, destabilization of the market and tension on borders as well as supply + demand). Nothing more to add here, just an idea of what I believe the market will do over the course of the next few years.
Long
by awesometrador
2
Gold to USD (XAU/USD) Analysis - 1-Hour Timeframe Key Levels to Watch: Resistance Levels: The $2660 level serves as the immediate resistance near the current price. Higher resistance levels are located at $2680 and $2700, both of which could act as strong barriers. Support Levels: The $2640 level is acting as a key support, currently being tested by the price. If $2640 breaks, the next support lies at $2620, followed by a stronger support level at $2600. Trend Overview: A short-term uptrend has been visible since December 23rd, suggesting bullish momentum. Currently, the price is correcting around the $2640 level, which might provide a good buying opportunity if the support holds. Trade Idea: Buy Opportunity If the price respects the $2640 support level and forms bullish reversal candlesticks (e.g., a hammer or bullish engulfing candle), a buy position can be considered. Targets: Target 1: $2660 Target 2: $2680 Stop Loss (SL): Below $2635 (5 dollars below the key support). Scenario for Support Break: If the price breaks below $2640 and stabilizes below this level, it might move toward $2620 or even $2600. In this case, it’s better to wait for a new confirmation before entering a position. Conclusion: The $2640 support level is crucial in determining the next direction for gold. A proper stop loss and adherence to risk management strategies are essential for navigating this trade effectively.
FX:XAUUSDLong
by MD-Priceaction
Daily Market Review and Analysis for BTC: January 8, 2025#BTC (1D timeframe) As suggested in yesterday's analysis, #Bitcoin continued its downward direction, removing the expected price level of $95,919. It is now highly likely that the price will continue the downward direction further, reaching the long awaited fundamental level of $90,500, removing liquidity for sellers (SSL). That is, it means almost 5% cheapening of the price. After reaching this level, two scenarios will emerge: 1) Price will start a local uptrend to reach the 50% gap on the 4-hour chart - $99,433 and then rush down again, but already to the price level of $88,722. 2) Price after liquidity removal of 90,500, will continue downtrend and take also liquid level at $88,722. !!! The most negative but justified scenario would be for price to seek to reach the middle of the weekly gap at $85,000. I remain in my opinion that for bitcoin to update its all-time high, the first cryptocurrency needs to take out the above liquidity levels at the bottom and I think that as the inauguration of the new US President Donald #Trump (20 January, 2025) approaches, by then the bearish scenario I described with a bottom at $85,000 will have worked out.
Short
by alihuseyn
Daily Market Review and Analysis for BTC: January 7, 2025#BTC (4h) The total market capitalization of digital assets increased by 1.75% over the past 24 hours, and the dominance of the leading cryptocurrency grew by 0.6%. #Bitcoin moved toward the first liquidity zone around $101,000, but the upward momentum was halted by seller pressure at $102,650. Then, Bitcoin lost the lower boundary of the formation, and the price continued to consolidate above the POC level ($97,400) before the next upward impulse. Currently, the primary target for a decline is the $95,924 level. From there, there is a high probability of testing the gap midpoint at $99,433, after which the price will either move upward toward $102,724 or continue its decline to $90,500. I am consolidating my previous thoughts from analyses that until the Bitcoin price at least clears the liquidity pools at $90,500, $88,722 and $85,000 levels, all upward price momentum above the $100,000 level will be considered a manipulation of the highs.
Short
by alihuseyn
ETH | FRACTAL ATH $6000 | Bitcoin Overlay I'm still anticipating the new Ethereum All Time High . I just don't believe that BTC will make such a climb and ETH stays behind - it hasn't happened before, I don't believe it will happen this time. What has happened before, is an interesting topic - ETH usually makes its ATH AFTER the BTC rally, about when the cycle comes to an end. We see this playout during the past two peaks. Ethereum stays fairly low beneath it's own previous ATH , and shoots out above BTC just when the cycle ends. Using a fractal form the previous cycle, this puts an interesting target on ETH. _______________________ COINBASE:BTCUSD COINBASE:ETHUSD
COINBASE:ETHUSDLong
by CryptoCheck-
GBP USD Complete Analysis - Top Down - Structure wiseHi guys, Below im going to go through a detailed breakdown of GBP USD for longer term swing trades and what i am looking for to confirm any trade direction. Firstly i want to start of at the monthly time frame: Below is a photo of the monthly timeframe clearly showing bearish structure with lower highs and lower lows: So our monthly bias is bearish, and the last rally could just be a pull back to continue lower, However, considering that the low that was created in September of 2022 created a new all time low for the pair, i am skeptical that this pair will go any lower. Furthermore, looking at the price action from the low of 2016 till date we can see that price has been pretty much range bound, which also looks to be a Wyckoff accumulation schematic. However this will only be confirmed once price breaks above the last high marked up in the above drawing, as this will confirm bullish strength and a break of long term structure to the upside. Conclusion of monthly time frame analysis: Trend is bearish but it seems to be at it's turning point. So we need to see confirmations of lower timeframe to determine weather price will continue to drop or go higher. Now lets look at the daily time frame: Looking on the daily time frame we clearly see bullish structure, with higher lows and higher highs, however remember this entire structure could just be a pull back of the monthly time frame's bearish structure. So when will this move be considered a pull back of the bearish monthly structure? if price manages to break the recent low marked up in the above drawing at around 1.204. this will indicate a break of the bullish structure on the daily timeframe and a shift from bullish to bearish structure. As long as price is above this low, 1.204 then the structure will remain to be bullish. So to recap, on the monthly we are overall bearish but we are expecting that we are at the end of the bearish move, but we need to see the lower timeframes confirm if price wants to go higher. As of now, the daily structure is bullish and the structure is holding. So we can look for buys at this point. Lets go down to the 4 hr time frame: On the 4 hr timeframe we can see the clear bearish structure. but remember that as long as price is above the 1.204 mark then we are bullish on the daily, so this bearish structure gives us opportunities to enter long positions at lower prices. But in order to confirm that this bearish structure will not just continue to drop and shatter the 1.204 mark, then we need to see a shift in structure from bearish to bullish, which will occur when price breaks above the high in the above photo at around 1.28. This will indicate the end of this bearish pull back and a change in structure from bearish to bullish, so then we will have bullish structure on the 4 hr and the daily time frames. Entries however will be taken on the 15 or 5 min timeframes, when the time comes. For now i need to wait and see if the 4 hr structure will turn bullish or not. Also another note on the 4 hr timeframe, structure aside, we can see some signs of accumulation where we have just done a quick sweep and stop hunt of the lows which also indicate that bullish strength may enter soon. As shown in the below photo: So overall i am bullish on GBP USD but i need the 4 hr time frame to confirm my bias by breaking structure upwards and clearing the 1.28 mark. At that point we will scope in on the 15 min for entries on pull backs. The other scenario is if price continues to be bearish, and breaks the low on the daily time frame at around 1.204, this will completely shift our bias from bullish to bearish, and will look for sell positions on pull backs. So for now, we wait. Wait for price to show you what it wants to do, does it want to respect the bullish structure on the daily time frame? or does it want to shift the structure from bullish to bearish? this will be the deciding factor here. And based on that we can analyze further and look to take some good swing trades. If you made it this far, i thank you for your time and patience, and i hope this helped you in some way. Thank you, and happy new year to everyone!!
Long
by mohamed_hammoud
4
Analysis of USD/JPY (Hourly Chart)The USD/JPY pair is currently trading near a critical zone, indicating potential for a strong movement. The price has been consolidating near the 157.00 level, which serves as a key psychological zone. Based on the recent price action and support/resistance levels, there are two plausible scenarios: continuation of the uptrend or a reversal toward lower levels. Key Levels to Watch: Resistance Levels: First resistance: 157.50 Second resistance: 158.00 Major resistance: 158.50 Support Levels: First support: 156.50 Second support: 155.50 Major support: 154.50 Potential Scenarios: 1. Bullish Scenario (Buy): If the price breaks above 157.50 and consolidates, it may indicate the continuation of the uptrend. Entry: Wait for a clear breakout above 157.50. Targets: Target 1: 158.00 Target 2: 158.50 Stop-Loss: Place the stop-loss below 156.70 to protect against unexpected reversals. 2. Bearish Scenario (Sell): If the price falls below 156.50 and closes under this level, a downward correction or trend reversal may be in play. Entry: Enter short positions if the price breaks and consolidates below 156.50. Targets: Target 1: 155.50 Target 2: 154.50 Stop-Loss: Place the stop-loss above 157.00 to limit potential losses. Technical Indicators to Monitor: RSI (Relative Strength Index): RSI hovering around the 50-60 range may indicate potential bullish momentum if it moves higher. Conversely, a drop below 50 could signal bearish pressure. Moving Averages (MA): Watch for the 50-period MA crossing above or below the 200-period MA for trend confirmation. Summary: At the moment, the market sentiment appears bullish, but the lack of strong movement suggests caution. Traders should monitor the 157.50 resistance level closely for confirmation of a breakout, while also keeping an eye on the 156.50 support level for potential bearish setups.
by MD-Priceaction
EURUSD THREE POSSIBLE OUTCOMESWe have a decent weekly range to work with of just over 230 pips. First setup is for price to pullback a bit higher without breaking the previous weeks high targeting the low Price could also take the previous weeks high for a deeper pullback then wait for price to bearish confirmation to target the low. This setup would take slightly longer to play out than the first. The last out come is for price to go above the December's high and that would invalidate this setup and I will post my insights if that happens. Flow with the market and use lower timeframe confirmation if you see a good setup.
Short
by Keyserfx
NVDA Z-Wave Coming to and End | -50%Z Wave coming to an end as the Trend Reader is overbought with weak price action As shown I've highlighted the buyer in comparison and price is decreasing at each pump with the same amount in pullbacks except for this 3rd rally you can see price pulled back around 50% which can indicate the bears stating to roll in as buyers keep getting weaker. Probably 30% increase before we see any significant selling, once price enters Top Zone ~($185) we'll look for short opportunities.
NASDAQ:NVDAShort
by Nathanl19