Get started

Fractal

CHMB/USDT Gears Up for a Potential Bullish Breakthrough (500 X )BACKGROUND Chumbi Valley is a charming role-playing game (RPG) that incorporates play-to-earn mechanics, set in a blockchain-based ecosystem. This enchanting game draws inspiration from iconic titles such as Pokemon and Studio Ghibli works, bringing players into a world of NFT creatures known as Chumbi. These creatures are central to the gameplay, as players can breed, collect, and battle with them to earn crypto rewards. The game operates on both the Binance Smart Chain and Polygon networks, allowing for fast transactions and minimal fees, which enhances the gaming experience. Chumbi Valley plans to expand its accessibility by launching app-based versions for various platforms including PC, Mac, Android, and iOS. In Chumbi Valley, each player begins with a free "Ancestor Chumbi," a character that assists in learning the game's basics but cannot be traded or sold. Players can improve their Chumbis by engaging in battles, leveling up, and acquiring tokenized items. The Chumbi Token (CHMB) acts as the primary in-game currency, facilitating key transactions such as acquiring new Chumbi, obtaining land plots, and trading in the marketplace. Players are incentivized to hold CHMB tokens, as this can naturally lead to price growth beneficial to both the players and the ecosystem. An interesting aspect of the game's economy is the secondary token, Lucky Stars Token (LSTS), which has an unlimited supply but maintains value through various burning mechanisms in the game. Chumbi Valley also offers a staking opportunity in the Shrine of Giving, where players can lock CHMB tokens to receive staking rewards, thereby reducing the circulation and potentially increasing the token's value. The marketplace within the game allows for the trading of characters, items, and other resources, adding to the game's interactive and economic dynamics. This game aims to offer a rich, immersive experience by combining the allure of RPG adventures with the advantages of blockchain technology, creating a platform where gaming can yield tangible rewards​ (PlayToEarn)​​ (Asia Crypto Today)​. ANALYSIS Imagine you're watching a tug-of-war match where the sellers (bears) are on one side and the buyers (bulls) on the other. For a long time, the bears were winning, pulling the price down. But now, it looks like the bulls are gathering strength and the match is becoming more balanced. That’s what we’re seeing on the chart for this asset. Here are the reasons to believe the bulls might start winning soon: Tired but Not Defeated: The candles (those rectangles and lines on the chart) that used to be like big waterfalls are now more like gentle waves. This could mean the bears' strength is waning. Cheer Signals: We have a signal on the chart, like a referee's whistle, called the moving average crossover. Recently, the faster line (the bulls) crossed over the slower line (the bears), which could be a good sign for the bulls. More Fans in the Stadium: The trading volume, which is like the number of fans cheering, has increased. This could mean more people are interested in buying CHMB. Checking the Thermometer: The Stoch RSI, a thermometer that tells us if the asset is too "hot" or "cold," is showing that CHMB is at a comfortable temperature. This means there might be room for the price to rise without overheating. The Wall: The price has found a solid floor, which is like a wall protecting against further falls. This area is known as support. Dreaming High: There's a curving line that goes up on the chart, looking like a rainbow. It's a hope that the price could climb quite high. But be careful, this is more hope than a certainty. So, what does all this mean? Well, it's as if the bulls are gearing up for a big turnaround in the game. But remember, the crypto tug-of-war is famous for being unpredictable and thrilling, so even though it looks like the bulls may win, things can change rapidly. Therefore, it’s important not to bet everything on one team and to be prepared for any twist in the game.
Long
by uncle_ido
1
Bitcoin bearish fractal July 2019I found another bearish fractal for Bitcoin that occurred in July 2019, suggesting it may start another leg down from here until the halving. I feel the bounce of Bitcoin over the last few days has been too fast, although its volatility remains high, with around a 6% daily fluctuation. The difference with the similar bearish fractal found in November 2021 below is that it will not go above FWB:73K to hunt the stop loss but instead start going down from here. Let's see if the next two days it will close red below SWB:69K again. I will keep you posted!
BITSTAMP:BTCUSDShort
by System_T
3
BTCUSD: Why Bitcoin Remains Bullish and Its Next Potential MoveBitcoin is still maintaining a bullish trend on an hourly basis, showing us ongoing bullish sentiment in the short term. There's an anticipation for the price to reach the 8-hour liquidity level, suggesting potential upward momentum in the coming days. Otherwise, if the price fails to sustain its bullish momentum and instead closes below the 8H invalidation level, it would signal a shift in market trend from the hourly standpoint. (short-term) Until then the only valid zones remaining valid for potential long entries are going to be the X1/8H and X1/3D. 8H: 3D:
COINBASE:BTCUSDLong
by Fractalyst
COIN, BTC: An Interesting Fractal I Found; Macro Analysis The Coinbase ( NASDAQ:COIN ) 4-hour chart is a perfect fractal of the Bitcoin weekly chart. Good ole' Wyckoff distribution. It even has the little Bart Simpson correction pattern from August 2020 that occurred shortly after the last halving and a few months before the first big leg up. Considering current price action, Bitcoin and Coinbase, for that matter, will potentially be kicking off their fifth and final HTF waves up following what are likely to be multi-month consolidations. The next few months could resemble a less severe version of the "mini bear market" the crypto market experienced in the summer of 2021. In BTC, I'm looking for stretch downside targets of around 56k and around 51k if 56k breaks. If it gets all the way down there, it would be a gift. On shorter time frames, assuming the 69k/70k resistance is not breached, there is likely more downside to come for both assets. Corrections to the upside should be approached with caution. On COIN, an S/R flip under the fib fan's 50% level is all but confirmed on the 4-hour chart. If historical price action is any indication, this fractal suggests that testing the 0.618 is definitely in the cards. I'm eyeing $220 as a potential target. It's supported by a strong demand zone and the weekly VWAP. Sentiment should remain relatively bullish on higher time frames so long as 50k isn't breached.
NASDAQ:COINShort
by TraderJoe_11
5
DGB hits white channels full brkout target; teal channel nextDigibyte finally breaks out of the white channel and then quickly hits the full breakout target. Now it is attempting to break above the teal channel and fiip its top trendline to support to trigger that breakout as well. Once it does, the breaout target is around 2 cents which from here would be about another 60% gains. Not sure how quickly digibyte will pull this off it could definitely consolidate for a few before it does so or it could continue. Current momentum and keep pumping. *not financial advice*
CRYPTO:DGBUSD
by DrDovetail
ASK ZOLI : When will XRP go PARABOLIC?🔮📉Hi Traders, Investors and Speculators of Charts📈 Cryptocheck tries out TradingView's new Tarot Cards tool called Zoli, a fun tarot game aimed to entertain and/or compliment your analysis! Upon entering, you are met with the following screen: You then get to pose your question to Zoli, who will now ask you to select three cards from the deck: The aesthetics are beautiful, and you're in for a mystifying treat! But remember, you only get to try your luck once a day! Overall, it was a fun and interesting experience. Behold the results for thyself: www.tradingview.com Find here the real XRP analysis, complemented by Zoli the Tarot Reader😉 _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck
by CryptoCheck-
SOL - UPDATE - old eth vs sol now ideaSOL - update old eth vs sol now just an update of the old attached idea with more data now on the macro momentum. looking like that final push coming here, the spike before the biggish pull back before ultra moon mission alpha. or we are about to get gutted like that earlier 'fake' pump. full retrace hell. the momentum doesnt quite look right overall for that option to me. i think first option is more likely above. anyway keeping a close eye on all this. would like to catch a big pull back but that is notoriously difficult. :) gl
BINANCE:SOLUSDLong
by Crypto-Quantum-Fox
8
Bitcoin Fib Estimation IIIn this idea I'll document my further observation of long-term price action The way 0.236 first fibonacci channel defined 2021 ATH Critical points of prior cycles were also captured by fibonacci channels of same tool. Significance of second Fibonacci channel is also apparent because it also breaks down historic cycles. This means that correlation of prices with its derived fibonacci ratios has been occurring over a decade period long. 2012 - 2015 cycle can be measures with 0 - 1 based on direction of the fall of 93.75% where n.618 defined ATHs. Another way of presenting how price maintains golden rule would be using the metrics of first bullish wave. Shows exactly how fibonacci channels split up historic cycles into component phases. For now I see 2 options of LT price movements in respect to whole history: A squeeze into a triangular formation OR a sooner breakout
INDEX:BTCUSD
by fract