Fractalsmarket
BTCUSDT potential fractalPotential fractal predicting with Fibonacci time frames based on Fisher Transform oscillator fractals. I'm expecting a retest to upper trendline @ 29.7k before the potential dump. It's require patience for 2D more. On Ehlers Stochastic CG we can see a bullish momentum to wait.
Eeee that was dirtyPosted a recent idea on BTC nearing the final part of accumulation phase, mentioned the smaller time frames a good indicator of what’s to come on the daily time frame.
What’s in the way of 75k? 50k.. what’s in the way of 50k? 41 and 47k. Looks like they’re about to take out that 41k in style. Will be great if they do it before the market open tomorrow because SPY/QQQ will follow and JAC.
This idea alone is nothing more than a follow up from previous post, panning out as EXPECTED but still needs confirmation
NFA
Do you see what I seeee? ⬆️⬆️⬆️Hey Traders,
As you can see on the Daily Chart of Litecoin, The descending resistance line was short-lived as support and came below it again, now we have to see what will happen next. Based on this other fractal, I have a sneaking suspicion that we could go up to 170 in a month. (The fractal is based on Litecoin in 2019-20.)
Safe Trading
-Pulkanator
EUR AUD - Selling to target, awaiting buys [Series 10]G'Day Traders and Analysts,
Breakdown:
1. Note
2. Contents
3. Research breakdown
4. Education recap
5. Information on Lupa.
A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged neutral, until the opportunity for a close reaches the profit taking zone. This will be activated as long, where an imbalance is formed and sellers have completed the changing of hands due to purchasing further increments the exhaustive sellers.
Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. However, note, at current we are awaiting confirmation of a Bearish move.
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence.
Key terms
CP - Continuation pattern
DBD - Drop Base Drop
RBR - Rally Base Rally
OP - Original price
DCA - Dollar Cost Average
FL - Fresh Levels
Monthly at current;
EUR AUD since 2017 has seen a high curve this is due to the Original level from 2009 had not been tested allowing the AUD to be considerably weak in terms of exchange rates for the Aussie.
The overall supply and demand curve offers opportunities to sell upon a "step by step" case where three points of pullbacks have allowed the buyers to reach the arrival destination.
Now the price is in a pure down sell upon a very strong curve for a departure, which means upon the fresh level of arrival, price will consolidate and create a new curve within the structure. However, trading comes with confirmations.
Since 1.96 price has developed a large data structure whereby Drop base Drop or DBD scenario has encountered. (Revert to the example below to see a side by side reference) *Fig1*
*Fig1.*
The premise is, a lot of traders when learning Imbalances and supply, demand - shows the opportunity on smaller timeframes, where price will create ranges for short term hedges and or scalpers, range traders - this will appease to all trader styles.
Weekly Chart
The weekly has shown since March 21 from the low, a reversion identifying a channel to the up and right, which has been clear with subsequent higher lows and in conjunction with this, a high curve from the previous structure, where by price had formed a regression channel against the March low.
There were to specific zones of interest where price will overcome from the Departure and look to the supply imbalance to test the fresh level it had returned from.
Fig.2 , shows the curve which was over come from the buying imbalance as well as a look into the weekly structure once breaking forming a lower high upon the retest.
This test subsequently closed below the "purple trendline" creating a new channel which is where proximal sells can be placed to "set and forget".
Fig.2
Daily chart
Awaiting the next move upon price completion;
Ultimately, still holding shorts, but will be awaiting 1.39 before closing out and looking to add once the arrival is clear using the weekly chart.
AUD will pose more pressure as the original level has not been tested yet since 2018 so, any pull back - trade with confirms upon sells, as the DBD is still relevant as a fractal upon the structure.
Keep track of commodities; for references.
Do you enjoy the setups?
Professional analyst with 5+ years experience in the capital markets
Focus on technical output not fundamentals
Position and swing trades
Provide updates where necessary - with new updated ideas tracking the progress.
If you like the idea, please leave a like or comment.
To all the followers, thank you for your continued support.
Thanks,
LVPA MMXXII
$QQQ is Ready for Correction NASDAQ:QQQ
Since tech leads the rest of the market and the rest of the market looks clearly ripe for correction, it's obvious to short $QQQ. As a chaos theory enthusiast, it is of my belief we do an analog of the correction and run-up of 2020, in 2021. It's that simple and shouldn't be over complicated.
With that said, history only repeats itself until it doesn't. Barring any major black swan or trend changing event we should see $401 to the pip by September 5th. Book it.
- PennyBags
API3 Fractal Hinting a Breakout!Hello Traders!
As you can see on the Weekly Candles of API3, the number of impulses and levels compared to early Chainlink price action looks similar! API3 additionally is a Decentralized Blockchain API like Chainlink. I think there is a great chance this fractal plays out and that we moon.
-Pulkanator
Today's Bitcoin looks a lot like the crazy 1970s !BINANCE:BTCUSDT TVC:GOLD
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
📊 Have to mention that All of the levels and prices are calculated on classical linear charts.
- This article is a combination of my own vision and Kim Iskyan's article.
Hope you enjoy the content 😊
In 1970s, A lot of investors dismiss gold as jewelry. And they dismiss “gold bugs” investors who believe gold is the answer to all financial ills and is the key to surviving the impending financial apocalypse (in any era or decade) as slightly crazy.
But gold bugs haven’t always been wrong. In 1971 gold traded at US$35.
By the end of that decade, gold touched US$850. That’s a 2,300 percent gain in the 1970s.
Meanwhile, for stock investors in the west, the ‘70s were pretty much a lost decade with lots of volatility, but flat returns.
The world didn’t end in the 1970s, but double-digit inflation, oil price shocks, a weak dollar, and political instability made investors fearful and nervous.
With rising fear and uncertainly investors bought more gold, since it is a tangible store of wealth. As the ‘70s drew to a close, people stampeded to own it.
It happened once – and it could happen again !
The current #BTC's rally bears some remarkable resemblances to what happened to gold prices in the ‘70s.
For example:
📌 Crisis of Confidence
While the specific economic problems of the ‘70s in the west – inflation, recession, oil crisis were different than today, there are broad parallels between now and then.
In 1979, then U.S. President Jimmy Carter talked about a “crisis of confidence” in government and the future.
This erosion of confidence extended to Carter himself he lost the 1980 election to Ronald Reagan.
And what was Reagan’s campaign slogan in 1980? “Make America Great Again” the same slogan that Donald Trump has borrowed as he taps into populist anxiety eerily similar to that of the ‘70s.
Today’s crisis of confidence is a global phenomenon, extending from Washington to London to Beijing.
The ‘70s crisis of confidence reached a boiling point in 1979 – when, not coincidentally, gold surged. We could be on a similar trajectory today and now it's the time for #BTC to surge and take everything to ground again !
📌 Broken Central Bank Policy
When the U.S. abandoned the gold standard in August 1971, the U.S. Federal Reserve took on an expanded role managing the U.S. economy.
The Fed at the time adhered to the Keynesian school of economic thought.
This theory, named after British economist John Maynard Keynes, states that growth in the money supply will increase employment and economic growth.
So when unemployment in the U.S. accelerated in the early ‘70s, the Fed and other global central banks responded by printing more money.
But it didn’t work.
Instead, the world experienced “stagflation,” a combination of stagnant economic growth and rising inflation.
Then to help control inflation, central banks raised interest rates.
In 1971, the U.S. Fed funds rate was under 4 percent. By the end of the decade it was over 13 percent.
Today, we are eleven years into another central bank experiment that doesn’t seem to be working.
The world is again facing stagnant economic growth, but inflation is not the problem deflation, or falling prices, is a real possibility.
To combat this, global bankers had aggressively expanded the money supply and lowered interest rates.
- The higher sentences ( Broken Central Bank Policy ) has been written by Kim Iskyan, Who believes that GOLD have the similar movement with 70's decade !
But I got the different perspective out of it, It's not the hype time of #GOLD now, It's gone for 30 years, Now the hype one is #BTC, Which is people now believing into it.
Which is hype just like when #GOLD was discovered by investors and people to invest into it...
📌 Strikingly similar price patterns
The rise and fall of market prices often display patterns that repeat over the months. And we could be seeing that happen with Bitcoin prices.
In the 1970s, gold rose from a low of US$35 per ounce in 1971, to a peak of US$180 in late 1974. From there gold experienced a correction, falling nearly 40 percent to US$110 in August 1976.
But from that low, gold mounted an historic rally. By June 1978 it was back to its previous high.
Then gold went nearly parabolic, with a frenzied surge to US$850 in January 1980.
- It’s fascinating to see that the current #BTC's bull market
shares a very similar pattern – to this point – of the ‘70s gold market.
- 1970s: US$35 in 1971 to US$195 in 1974 (460% gain)
- Now: $11500 in 2020 to $64000 in 2021 (460% gain)
- 1970s: Correction Dec74 - Aug76, US$197 to US$110 (48% loss)
- Now: Correction Apr21 - Jul21, $64000 to $30000 (53% loss)
If history repeats itself, a huge jump in Bitcoin prices is coming.
In the current bull market, Bitcoin reached an all-time high in April of 20211 of $65000, but fell to a low of $29200 in July 2021.
Is it possible that the July 2021 low marked the end of the correction phase of another long-term gold bull market?
Will $113000 or $238000 Bitcoin become a reality over the next year?
It’s possible. But to soar like in the late 70s, Bitcoin will have to move into the “mania phase.” This is where gold investors lose contact with economic reality, and chase prices ever higher in a feedback loop of soaring prices, “new era” thinking and greed.
Think Tulip Mania in the 17th Century, internet stocks in 2000, and Chinese stocks in 2015.
In 1979, a second oil spike after years of global energy inflation, in conjunction with global political instability, sent gold investors into a final buying panic which ultimately led to the January 1980 peak in gold prices.
A similar type of economic shock could be the trigger for another massive spike in Bitcoin prices.
Also we had the similar rally on Bitcoin's 2017 bull-run !
So is it probable that gold will repeat the historic gains of the 1970s? No.
Is it a legitimate possibility? Yes.
Conditions are favourable for Bitcoin… and getting more favourable by the day.
📚 If I want to predict the movement, I would use the FIB retracement's indicator as the primary tool; Have to mention that we use this tool to locate the local on our last #BTC's analyze and it just works out greatly.
I would say that Before any leg up, We might retest the 54K's support level as the fractal is suggesting and it can be a good level to retest as FIB's 38.2% is located there.
But before any confirmation, #BTC needs to lose the $59500's support !
- For the next bull-run, I would suggest $85000's level as the first resistance line cause gold FIB's level as located near to it and can hold the pair for the couple of days and set my 2nd stop at $113000 as important price action level is standing there and my final target is located at $138205.0 Which is suggested by the #GOLD 70's fractal.
📑 Conclusion :
Current Bitcoin's movement is very similar to 70's gold's fractal, If we change the scales into the much little ones, We can match rhythm between then.
If history repeats itself, a huge jump in Bitcoin prices is coming.
The targets for the continuation of new bull cycle will be $85K - $113K - $138K.
The current bitcoin rally bears some remarkable resemblances to what happened to gold prices in the ‘70s.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Pump, Accumulate, Pump- 2021 Roadmap Could a fib trend extension taken from July 2017 to September 2017 have had the answers to the future the entire time? A fractal of a December 2021/January 2022 blow off top like the last bull market in 2017, but this time I am applying the repetitive pump and accumulate pattern that seems to keep playing out in between key Fib Levels. Let me know what you are thinking is going to happen.
BTCUSD: Monthly Log Chart A logarithmic look at the evolution of BTC price since its very early days
The following key takeaways:
BTC tends to extend only about 1/5 of its prior impulse move measured in terms of % increase;
BTC tends to react ≈38.20% on a logarithmic scale to form a correctional bear market;
The sub $80k area is a pivotal area to look for supply inflows.
This analysis suggests an earlier-than-expected onset of bull trend maturity stage in the upcoming few months, which might correct this lower to the $20k area.
SPX500 update - short from 3500Hello traders and analysts,
Here is update to our outlook previous ideas posted below.
We have our confirmations - everything aligns - is the election the trigger?
or will we overextend?
We are holding sells - let's see how long this can go for.
Why follow us?
Updates on our pairs as and when we can.
Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.
If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes.
Thanks,
Team Lupa
SP500 MENSUAL RENDIMIENTO +6.66% ANALISIS FRACTALSMARKET
RENDIMIENTO MES AGOSTO +6.66% MEJOR RENDIMIENTO
5 MESES CONSECUTIVOS ALCISTAS
LOGRANDO ATH EN EL MES, Y ALCANZANDO EL PUNTO E DE LA EXPANSIVA TIPO I
ESTRUCTURA SIGUE SIENDO ALCISTA, PODRIAMOS VER CORRECCION SIN COMPROMETER SU ESTRUCTURA, PARA ALCANZAR EL 1.4 FIBO DE LA V DE FEBRERO 2020