What will happen in BTC (Fractal analysis)IT'S NOT FINANCIAL ADVICE.
IT'S JUST A SCHEMATIC OF A MOVEMENT.
I WANNA SHARE MY IDEA WITH YOU TO KNOW WHAT YOU THINK !!!!
SO, LET'S GO, GUYS,
As you see, we have 4 Boxes. In the First box that I draw, the blue box is a base that pushes the price to drop (red box).
in Red box, we have a collective base that we call the double bottom, and the price runs to the top (Yellow box)
in the Yellow box, we have two different reactions. in the first price entered the blue box and active fresh sell order and then moved down and after that price entered the red box and the price acted fresh Buy order. it's related to pumping the price and finally, we have a red box, in the red box we see a classic pattern. we called it a bullish wedge and the consequence of this reaction related to dumping the price in the ellipsoid zone.
This fractal is repeating itself...
4 boxes are shown in the chart. Blue box, red, yellow, and finally red box.
the is a difference between this movement. I want to explain more to show something strange to you.
in the yellow box, a fresh sell order is activated, but fresh buy orders are not active yet and which means that this yellow zone (around 20K)could not rescue the price if the price touches it. I expect BTC to drop more to the below support zone.
The first support zone is: 9800-12500
The second support zone is: 7500-8500
The third support zone is: 3800-4300
I don't want to say BTC drops to 4K. I want to show you the strongest support zone and if the price close below the first support zone in two days by a huge candle and high volume, the next support zone will be active.
that's all. please tell me what you think.
are you agree with me?
Please share this analysis with your friends and write below, what your idea is about the next BTC Movement.
Thank you so much in advance.
Fractalsmarket
BITCOIN - GEARING UP for another ATH ⬆Hi Traders, Investors and Speculators of the Charts 📈📉
In today's analysis, I take a look at a fractal that played out on Bitcoin during March 2019 over a few months. This was the beginning of the bull cycle that led to BTC's all time high.
Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy.
I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines , support zone and resistance zone , Fibonacci ) is really helpful for longer term, whilst technical indicators such as RSI can be very useful for the shorter term. Important to note that today's analysis is focused on longer term, in other words potentially more than 3 months.
This analysis on Bitcoin corresponds with my previous in depth analysis on BTC , which you can find here 👇 This update uses BTC .D ( bitcoin dominance) and TOTAL2 (total market cap of alts) to speculate shorter term price action for Bitcoin .
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XAUUSD 26/04/2023Currently, on the 15-minute timeframe chart, we are within a bullish range that ranges from 2009 to 1991, with the former being the liquidity point of the range. Therefore, we could expect a bullish reaction in the zone ranging from 1998 to 1996. As long as the price does not close below this zone with a bearish candle, we can say that the zone is being absorbed in lower timeframes, and we can move down to lower timeframes to position ourselves in bullish ranges.
SPX 1H 24/04/2023In the one-hour timeframe, we observe that the price has retraced to the grey zone around 4143 and has reacted favorably to the 4-hour trend. Once again, the price action is close to retracing to the same zone, which could indicate a potential short trade if entry criteria are met. Similarly, we can refer to smaller timeframes to observe new ranges forming in favor of the 4-hour trend
XAUUSD 4H 21/04/2023Currently, in the 4-hour timeframe, we are in a bearish range that is bounded between 2011.826 and 1969.459. The price mitigated the zone between 2008.255 and 2002.040 by absorbing the zone and giving a continuation reaction to liquidate the next logical liquidity target within the range, which would be 1969.999. We could attempt to follow the new bearish ranges on lower timeframes.
USDJPY 15M 20/04/2023Currently, in the 15-minute timeframe, the price is hovering within the range of 134.354 to 134.262. We can expect the price to continue to move within this range until it reaches the closest liquidity target at 134.017. This target is the point where we could expect a significant amount of buying or selling activity.
However, if the price does not reach this target, we could potentially see a reaction in the range of 134.829 to 134.670. This range represents a potential area where buyers or sellers may enter the market, and traders should monitor this range closely for any potential trading opportunities.
Overall, the text highlights the importance of identifying key price levels and liquidity targets in the market, and being aware of potential reactions or trading opportunities in these areas. Traders should always exercise caution and make informed decisions based on market conditions and their individual trading strategies.
My daily bias on AUDUSDSince we have price at our demand zone on the hourly charts ..and we saw a push up creating a market inefficiency..my ideal target is for the level 0.67658 to be taken out..well let see what the market wants to do ...I'm not telling you guys to buy or sell..I'm only telling you where I would love to see price ...stay safe
#IamACE #ACETHETRADER
BTCUSDT : Is +130% Likely ? Fractals😨 Hi Traders, Investors and Speculators of the Charts 📈📉
In today's analysis, I take a look at a fractal that played out on Bitcoin from 2018 - 2019 over a few months. Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy. I think the chart is self explanatory, but feel free to pop me questions in the comments section.
I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines, support zone and resistance zone ) is really helpful for longer term, whilst technical indicators can be very useful for the shorter term. Important to note that today's analysis is focused on near term, in other words not exceeding 3 months. According to my technical analysis on BTC yesterday, I expect the price to correct for the immediate term.
Yesterday, we discussed my two favorite technical indicators : the Phoenix Ascending and Bollinger Bands . Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term.
See more details below:
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Bitcoin - Should we watch THIS FRACTAL?Hi Traders, Investors and Speculators of the Chart 📈📉
❗ UNPOPULAR OPINION ❗
I discovered a fractal on BTCUSD during 2014 - 2015 that resembles VERY closely what we are currently seeing on BTCUSDT. What followed was a multi-month bear market for BTCUSD. A peak, with a lower high followed by a selling climax and an automatic rally. Could BTCUSDT repeat this fractal? This would link up to an earlier theory that I have involving the US Government Debt and rallying markets (against all odds). Check it out in related ideas below, this could be the bull trap of the century! It's never a bad idea to hedge your risk and secure some profits.
PS I tried to copy a bars fractal pattern from the BTCUSD chart onto the top BTCUSDT chart, but was unable to paste it. If you know how to paste a fractal from one chart onto another, please let me know.
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CADCHF... three drives...analysishello guys...
cadchf after formed a spike candle started to make three drives... so far have made two drives and i am waiting for third one... for forecasting i use movement steps and measure last correction, distance and height of two drives.
i think my analysis is so clear for you. but if you have any question please ask.
always do your own research.
And please don't forget to support this idea with your like and comment.
LTCUSDT bullish signal.Hello Birdies,
So LTC is reaching at strong support making it a double bottom and our fib-arch gives us the pivot point and fractal to give more confluence to our entry setup.
So the entry setup is either at 55.38 or 50.41 both have equal chances.
There is an imbalance at 85-91 range which make. it our TP1 and TP2 is at where fractal pointing 11x. range.
Thanks for watching
JPY trying to regain Momentum These currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level in light of aggressive monetary Japanese easing.
BTC new cycle (revision)This idea is a revision to my last idea! Last cycle had been started from January 2019 until April 2021 and many analyst believe that 69k at November 2021 was ATH but in my view 64k (April 2021) is ATH , anyway i want to say i'm using Gann Box to predicting next cycle bottom and top dates and i can say you bitcoin's true bottom will form by middle of this october and ATH will happen exactly on September 2025. about high and lows of this new cycle i checked last cycle and found these fractals: Wave 1 Fib 0.618 @41k , Wave 2 Fib 0.382 @22k , Wave 3 Fib 2.0 @116k , Wave 4 Fib 1.618 @93k , Wave 5 Fib 3.0 @150k -Goodluck
Relief rally to 1700 then see you all at 600.Expecting a relief bounce and a similar situation from the last bull market. to complete the 90% drop we need to hit 500 which given the macro environment, is fairly certain. however I don't think we will sustain price movements below 500 for very low. It might prove to be an excellent buying opportunity. Im DCAing for now into BTC and once ETH goes below 1k I will do the same