Fractal
PEPE has NO BAG HOLDERS NO BAG HOLDERS
PEPE in ATH
you are anxious to get in but dont want to become a Baghklder ? Well how do you get in ?
TA helps you :
PEPE Ath
D marabosu
D timeframe is extended.
Needs a 4h HL and eventually a D HL.
15 OS at 4h Ema 12 is worth a short for a shortterm flip for Daytraders.
Patient bulls wait for Hourly Oversold (H OS )
for a D HL and D ema 12 to catch up.
I am scaling out another half of my long with stops
Keeping rest as its an ATH coin.
All time high coins can run harder than the rest as there are NO BAG HOLDERS
Remember never short a Bluesky Bull ! Better options to short everywhere .
New Strategy Testing Consolidation HypothesisIf you see previous trades in this account, you'll notice this strategy has never been used before. This strategy consists of new indicators I created through my own research and back tested it using Yahoo Finance Data. Today I finally coded the indicators into tradingview, however I will not be sharing the code.
Basically, the indicator is reading the trend as it currently is. Determining it's a bullish trend if the blue line is above 0 and the opposite is true. Once the blue line reaches the limits, then it's considered a local minimum or maximum. These however are not always activated, so it's up to the user to determine if the movement is way too close to the limit and therefore should close the position.
However, it can also be possible that a strong trend causes many consecutive maximums to appear. It's up to the user to determine if the maximums are just part of a strong trend or actually a maximum. This exception happens more on the upside than the downside, making minimum signals more reliable.
Looking at how the SPX has behaved and seeing it come out of a slump and with the elections coming up it would seem reasonable to see investors skeptical about the future. Whoever wins the election will have a heavy impact on the price action, however, I doubt investors will make up their mind until then. Therefore, it's reasonable to assume the market may stall before continuing its growth. Also allowing the technicals to reset for a healthy bullish setup for the long term.
Warning: This is the first live test of this strategy!!
Estimate time for price to increase :
1months-6 months
Expect price to stall within the drawn range. For the following weeks
I don't expect any mayor price movements until the elections, unless a sudden international event happens.
Bitcoin Hopium for You!For your ultimate fractal, let's compare previous cycles from the halving date.
Comparing previous bull runs from the havling date, the next top will occur between Feb 24 and Sep 22, 2025, at a top price of around $350k to $5.9M. Similarly, the next bottom will be between Oct 12 and Nov 16, 2026, at a low price of $100K to $1.22M.
BTC Fractal - 3 Reasons why ATH is still COMINGI've been saying for some time now that the real ATH is still ahead of us. I base this on a few points of observation. First, the Elliot Wave Theory:
Then we're taking a look at an inverse H&S pattern observed on the daily:
Another bullish point to consider is that we have been able to hold above 60k successfully, showing that buyers are scooping up lower entries and putting pressure on bears. Historically, it is considered bullish for the price to consolidate under a resistance zone.
Our technical indicator is also overwhelmingly bullish.
After a cooldown from being "Overbought", we're now ready for another impulse wave up.
And lastly, from a logarithmic view, BTC still has room for growth considering we haven't "peaked" out yet:
Note that here, I'm not intending to say we're going straight to 400K with the next impulse wave. Rater, it is a multi-year outlook on how BTC could grow to much higher prices.
In terms of the correction, we're seeing bullish indicators on the price and so it SEEMS that the pullback may be over and we're ready for another impulse wave up (3 steps). I used WXY to demonstrate how it legs up in three unique phases, on top of the normal Elliot 5 waves.
And so it is important to note that even if we do fall lower to continue down with a correction, as long as we do not fall LOWER than the previous point X (as seen on the fractal in green) we are still very much in a macro bullish cycle.
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BINANCE:BTCUSDT MEXC:BTCUSDT
Bitcoin bearish fractal Jan 2018This is another top signal for Bitcoin that occurred in January 2018, similar to the bearish pattern found in July 2019 below.
The bounce over the last few days could be just a three-wave ABC retracement pattern back to the Fibonacci 0.7 level. This fractal suggests that Bitcoin will start going down from here until the halving. If it cannot surpass 73K USD in the next few days, the chance of this fractal playing out will increase as traders will treat it as a lower high.
What will be the future of NOT?As you know, NOT does not have data to review and cannot be analyzed.
But this project was chosen as the 54st project of Binance Launch Pool
With our previous reviews of the Binance Launch Pool projects, we found out that usually the symbols listed in this way in Binance underwent a time correction between 70 and 90 days and then moved upwards.
We expect to see a trend change for NOT on the date between the two vertical lines on the chart.
Note: For buying and risking, the price bottom is not clear, and only on the chart, we indicated the time of trend change schematically.
When we reach the time to change the trend, we can enter the buy position by getting the confirmation and the trigger
EURUSD IN HIGHER-HIGH & HIGHER-LOW MAY TARGET ABOVE 1.09500The pair has recently rallied above the bullish wedge and has been creating higher-high and higher-low for the past few days. IF fibre can rally above resistance at 1.09000, then the next target will be above 1.09500.
N.B!
- EURUSD 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
#eurusd
#fibre
Ultimate guide on Williams Fractals in crypto tradingIn today’s article we will reveal one of the most powerful tools in cryptocurrency trading which often ignored even by top crypto traders. We are talking about fractals. Best crypto traders just use fractal levels to find support and resistance and trade bounces and breakouts. Spoiler - the fractal breakout is a right way to use it, but support and resistances aren’t. A lot of people are using fractals even for their algorithmic trading bots. We remember when encoding our first automated crypto trading bot the fractals were used for support and resistance detection. It’s not surprise that it was not one of the profitable crypto trading strategies.
Now we researched a different ways to use fractals and assume that we have the great expertise in it to share our knowledge with you. It’s not a top secret that even Skyrex ai trading bot is using fractals in detecting potential trading opportunities. Please, read this article carefully and you will know build your own cryptocurrency trading strategy or even apply it to automated cryptocurrency trading. Let’s go!
Initiating fractal
First of all let’s understand what is the fractal and how it looks like. Fractal is not just a sequence of candles like it can seems on the first look. This is the change in behavior of traders on the market. When you see the fractal on the chart, this is the turning point where a lot of traders were too worried that current trend can be stopped here.
Technically fractal is very simple. If we talk about upfractal it’s just a consequence of bars where the central bar have the highest high than two preceding and two following bars. On the chart below you can see different fractal’s shapes. Don’t worry about it that much because on the TradingView you can find an indicator which find all fractals. Even if you build automated trading bots you can just copy the code of this indicator.
How to trade using fractal
Let’s go to the most interesting part of an article. How to execute trades using fractal? You will be surprised but it’s super easy. Let’s take a look at the picture and try to understand the concept of fractal start, signal and stop.
Fractal start is the fractal which precedes the another one fractal in the opposite direction
Fractal signal is the fractal which follows the fractal in the opposite direction
Now when we have this two fractal combination we can place our sell stop one tick below the fractal signal and go short if market reach this level. Now it’s time to place the stop loss. When your trade is open you shall chose the highest fractal from the last two and place stop loss order one tick above. Here you can have two cases A and B. Look carefully and try to find these formations on the real charts.
Conclusion
Next time we will look inside the fractal and try to understand how to trade during sideways. I think today you could understand that fractal trading is good in trend markets, but it’s not profitable during sideways. Price will hit your order every time and hit stop loss many times before the true trend move. For sure fractal breakout trade guarantees that you will not miss the big trend move, but you will have multiple losing trades in the range bounded market. Next time we will discuss how to avoid it.
BITCOIN Bull Penannt BREAKOUT! Here's Bull / Bear Scenario NextHuge Bull Pennant BREAKOUT today for #Bitcoin !
Massive VOLUME coming with the move and
price closed above 50MA
The RSI looks GREAT and I'm leaning Bullish, but here's a Bull & Bear scenario for the next couple months
CRYPTOCAP:BTC coming up to critical resistance at $67,3
If we can close a few days above that level we'll range ~$69,6
Then retest $64,6 once more...
That will be another critical level to smash past
Another few weeks of range and we blastoff to $80k mid-Summer 👑
U.S. dies by financial repression, then hyperinflationA 5th wave can extend into 9 waves as per my conjecture.
I will follow-up in the updates posited plausible crash scenario for early 2024 which is difficult to see on this chart if not zoomed in.
DJIA charted from 1789 inception .
It’s plausible that Robert Prechter’s Elliot Wave (EW) count for the DJI (c.f. direct link to the chart ) might be correct to the extent of per my observation (of a repeating fractal) that the 2020 flash crash was a repeat of the 1987 flash crash, thus the top of looming major degree wave V (aka 5) could be in ~2032. Prechter’s charted expectation for a top in 2023 (or even those that think 2025 will be a top) are likely incorrect. I will elaborate my reasoning in follow-ups, including explicating Martin Armstrong’s 37⅓ year and his other cycles.
Glenn Neely (creator of Neowave ) presented his thesis in 1988 (c.f. video follow-up in 1995 and in 2022 ) for an extended major wave V (which he refers to as Super Cycle major degree wave 3) terminating between 2020 to 2060. Ostensibly Neowave’s main claimed “innovation” over orthodox EW is the ‘ neutral triangle ’ (c.f. also ) which attempts to explain some motive 5-wave counts that increase in price as corrective in structure (i.e. potentially overlapping instead of strictly impulsive ) such that the ending E wave is a down wave in price (c.f. 2022 video). My impression so far is his methods do not help to explain anything. However, I did appreciate from his 1988 paper the points that this extended 5th wave posited to be underway since 1929 is likely duplicating the structure of the 3rd wave (he refers to as SuperCycle wave II). His assertion (based on his conjecture that DJIA commenced 1765 not 1789) that his Cycle I is 61.8% of his SuperCycle reminds me that my posited 5th wave extension (~142 years, 1932 to 2074) is ~1.618 duration of my 3rd wave (87 years, ~1842 to 1929) and equal the entire duration from 1789 inception to 1929 or 1932 termination.
LYC - LYNAS - rare earth anti chinese monopoly playLYC - LYNAS - rare earth anti chinese monopoly play
as the title says, china is once again applying restrictions like they did in 2010, low and behold we have the same price structure!
these plays are cyclical for sure. they sorted their Malaysian issue recently, at least for awhile. i expect their move back to Australia will be facilitated by the western powers that be that are looking for independence in their important metals supply chain.
Lets see how this plays out.
"The Ministry of Commerce’s announcement on Monday is the
latest move by the People’s Republic to leverage its dominant
position mining and refining rare metals. It did so in 2010
against Japan over a territorial spat, enacting an unofficial,
temporary export embargo against the 17 metallic elements that
comprise the rare earths family. It also manipulated the market
through export quotas and other policies, which held down global
prices – deterring investment by miners overseas - while pushing
local firms up the value chain. "
GLN - Multiple reasons to go longJSE:GLN has shown multiple reasons to enter a long position. Firstly, the EMA's, stochastic and MACD are all signaling an upward move, the fractal from the 7th of May has been breached and it has broken through a descending resistance line plotted on the chart.
Today, our order to go long was triggered. We are looking to reach the target at around the 125 level.
MMM at an interesting area for buyersFundamentals aside,
MMM has reached a monthly support zone and is showing an interesting reaction. A market structure shift has occurred on the Daily chart and one can enter on any pullback lower. MMM is heavily discounted at the moment. Looking to target around $130-$140.
Keep an eye on MMM. Apply your trading plan on lower timeframes.
DXY showing its hand - possible bullish move for the DollarOn the daily chart, market structure was broken towards the upside and we had multiple higher lows formed on DXY. We can also see that DXY is currently holding an area of support. Based off of pure price action, we can expect a potential move to the upside. Two easy targets are outlined but price can go as high as the third target.
It is important to remember that a higher timeframe idea like this can take a long time to play out. Also, keep in mind that market sentiment can change at any moment based off of economic news drivers and geopolitical events however, If I had to pick a direction for DXY right now, I would pick higher prices.
Why Steve's 5.3 theory is not likely to play outMany have already heard about the Steve's (Crypto Crew University) 5.3 theory. This theory determines that the percentage gains throughout the bitcoin cycles are decreasing by a factor of 5.3, placing a top for bitcoin for this present cycle at roughly 80k.
While I tend to agree with Steve's analysis, and actually find him one of the most accurate bitcoin analyst for this kind of technical analysis, sometimes I do disagree. This is one of this cases. Even though I still find this 5.3 factor a remarkable finding for the big swings he suggests, I don't think this data can't be extrapolated the way he is doing it.
Very often in different kind of analysis people forget about the time factor. Most importantly, when talking about cycle analysis, one has to pay more attention to the significance of the term cycle, where cycle and time are directly related. To be more specific a cycle is the periodic repetition of price action during a specific time period. Bitcoin’s 4 years periodicity is very well known, with the bottoms marking the beginning of new cycles precisely every 4 years. And this is where I find Steve’s analysis might be wrong. While he considers the cycles from 2014 as being 4 year cycles, from 2010 to 2013 top his analysis include 2 cycles within a period of 3 years. Within this period, while many consider two cycles, it might be far from correct, and against the true meaning of the word cycle.
If cycles periodicity is maintained since BTC’s inception, we can see that time for both tops and bottoms are perfectly aligned. If the 5.3 theory is applied now, we see three important things: 1) first cycle percentage factor is way higher than 5.3, roughly 10 times more; 2) in the second cycle we do have the 5.3 factor correctly assigned, and 3) we can only calculate two past percentage factors with the data we have, so no reliable trend can be determined at this point. What we do see is that the sizes of these green boxes are indeed decreasing (diminishing returns), but if we set the next top around 100k, it would still fit the trend perfectly.
As conclusion, while there is no doubt we have a 5.3 percentage factor for some of the most important tops printed so far in BTC’ history, this shouldn’t be used to extrapolate the next cycle target since the periodicity of the first cycle was not correctly calculated.
Time will tell.
Let me know your thoughts.