Get started

Economic Cycles

BTC/USD bowl. Breakthrough 64-72. Cyclicality. Nasdaq - BTC.Logarithm. Completion time 1 week. Instead of updating an old idea regarding the Nasdaq Index and BTS on pump cup formation published on 06/17/2023, I decided to implement the idea on a live chart. Comparative analysis. Fractal. Lag. Bitcoin and Nasdaq 17 06 2023 I have applied the cup percentages as well as the cup with handle if formation occurs (high probability). Although the cycle high targets and timing are the same as what I showed in 2022 during the Bitcoin accumulation phase. So, for clarity with the last cycle and its highs in 2021. BTC/USD Secondary trend cycles and halvings . 1 07 2022 BTC/USD Halving 518 When will be the cycle price low and high. 02.09.2023 BTC/USD Main trend (3 years) Channels Triangle 09 2023 At the moment, the price is above the “demons of Solomon” zone, that is 72,000. Zone 64-72 – resistance of the large bowl (last cycle highs 64-69). Let's follow the fractal similarity of 2015-2017. There is a high probability that a rollback will occur slightly higher, and a long-term bullish formation will be formed (trend direction, large time frame) — “Bowl with handle”. Or straight to the psychological level of 100?). Pay attention to interest rates and price levels in the past and now. 1️⃣ Let me remind you that in April the halving is closer to the 20th. Most likely this will happen on the day "18" . Do you think that bitCocaine will cost 84,018 closer to this time?) What will happen to this zone? 2️⃣ Psychological PR level - the zone for Bitcoin is $100,013. 3️⃣ Everything else probably looks unreal for most market participants, but what is shown now is real, just as it was a very long time ago. Adhere to these simple rules: 1) Understand and exploit the cyclical nature of the market. 2) Buy low, sell high. And not vice versa like most). 3) Take profits in parts on the hype (now) in a growing trend or protect with a stop loss. 4) Have an understanding of the relationship between the liquidity (capitalization, roughly speaking) of a trading instrument and its volatility and potential. 5) If you trade locally. The crowd is shouting: “cryptocurrency is a scam” - buy it. “Crypto hype” - sell it. 6) Do not be interested in the news and the opinion of the majority, this is all “taken into account in the price movement schedule.” 7) Always have at least 20-30% of stablecoins in reserve. If, for example, in a developing trend there is a correction to quickly remove longs (futures, margin with large shoulders, in spot - stop loss) by a significant%, and some of your stops do not work due to price slippage, then a “cash airbag” will calm and warm you in such an unpleasant moment).
CME:BTC1!Long
by SpartaBTC
10
Unveiling Crypto Market Insights - Long term chartsGM kings and queens, in our previous post , we zoomed out to 13 years of Bitcoin trading at Bitstamp. In this post, we’ll shed light on the benefits of long-term charts and how and when to use them. Introduction The daily bar chart is the most commonly used tool for forecasting and trading. However, for a comprehensive trend analysis, it's important to consider how the daily price action aligns with the broader long-term trend. To do this, longer-term charts must be employed, as John J. Murphy explains in his book Technical Analysis of the Financial Markets. The importance of a longer-range perspective Murphy highlights that long-range price charts offer a perspective on market trends that daily charts alone can't provide. These charts reveal broader movements, helping traders understand the overall direction of the market. Long-term trends dispute randomness One striking feature of long-term charts, as Murphy points out, is the clear definition of trends that can last for years. This challenges the idea of market randomness and underscores the value of long-term trend analysis. From long-term to short-term charts Murphy recommends analyzing charts in order: starting with the long-term and progressively zooming in. This approach ensures that your short-term analysis aligns with the larger market trends, reducing the need for constant revision. Long-term charts: forecasting, not trading Long-term charts, while valuable for identifying major trends and price objectives, are not designed for precise trading decisions. As Murphy emphasizes, for timing entry and exit points, it's more appropriate to rely on daily and intraday charts. Do you consider a longer-range perspective an important part of your analysis? Which longer-term charts do you prefer: weekly, monthly, or something else? How does the Bitcoin chart look to you on the weekly and monthly timeframes? Let us know in the comments! Reference: Murphy, John J. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications. New York Institute of Finance, 1999.
BITSTAMP:BTCUSD
by Bitstamp
ATOM - Ideal BUY BACK Zone ApproachingThe greatest thing about bullish impulses / parabolic upwards price action, is when you know you can ride the tide because you ALREADY have a position. However, this means having the courage to buy when the prices are low and there is no immediate sign of a turnaround to the upside. I'll say again; profits are made in bullish markets but secured during bearish markets. This will, of course, largely depend on the direction of BTC over the next few weeks. So don't miss that important update HERE: ___________________________________ BINANCE:ATOMUSDT
by CryptoCheck-
1
Short trade Trade Details: Date: 2nd September 2024 Pair: GBP/USD Time: 11:00 PM during the Tokyo Session PM Trade Type: Sellside trade Entry Level: 1.31543 Profit Level: 1.31998 (a 0.66%) Stop Level: 1.31341 (a 0.11% ) Risk-Reward Ratio (RR): 6.22 Thought Process: On the morning of 3rd September 2024, at 6:30 AM GMT, we observed a bias towards the downside. This assessment was influenced by a previous buyside trade, indicating a potential shift in market sentiment. The stop loss of the prior trade suggests that the market may be experiencing downward pressure, leading to a sellside trade. The high Risk-Reward Ratio (RR) of 6.22 indicates taking on a relatively small risk compared to the potential reward, which aligns with my observation of a strong downside bias. This setup suggests confidence and continuation of the downward movement. Further to add the previous stop executed in the buyside trade, with an RR of 3.32, also supports the current sellside narrative showing a pattern of lower highs at this time.
Short
by davidjulien369
BTC - Hourly Bullish With Order Flow Structure Shifting...Hey traders, As one can see, the OFA script has fired a circle pattern. This makes us build the thesis to look for long positions in lower timeframes. Even of the 1h timeframe, as shown in the chart, the structure has shifted to bullish. We can personally conclude that until proven otherwise, the hourly should continue higher. The aggregation of flows via the OFA script helps us visualize the dynamic waves forming to get more precise triggers in these lower timeframes. Remember the two key main features of the OFA script: Magnitude: A major clue that will help determine the health of a trend is the type of progress by the dominant side in control of the trend. We need to ask the following question: Are the new legs in the active buy-sell side campaign as identified by the script increasing or decreasing in magnitude? Velocity: When it comes to the distance the price moves, the magnitude is only ½ the equation. The other ½ has to do with the velocity of the move or the speed. Was the new leg created after a fast and impulsive move? Or did price make a new low or high with the movement being sluggish, compressive and taking too long to form? A good rule of thumb is to count the number of candles it took to achieve a new leg. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.
BITSTAMP:BTCUSDLong
by FlowState
The KING OF BULLS waits to be called to start the BULL RALLYDespite being volatile, BULL SIGNALS don't appear just for show but with the same false breakout rocket signal candlestick. False breakout rocket signal means BITCOIN is making a pretense downtrend of 5 candlesticks then the BULL GAMES begin. This is now accompanied by an algorithm BULL TRIANGLE The added curve means we may face a dip or remain within the price range as it has been confirmed by the false breakout downtrend or could the KING OF BULLS change the SHOW? My KRISS-CROSS MA's with VOLUME has unveiled a little more wait before the PRIMETIME launch.
COINBASE:BTCUSDLong
by The_ForexX_Mindset
4
Log trade Pair XAUUSD Entry 15min TF NY Session Am Fri 30th Aug 24 1.50 pm Buyside trade Entry 2499.144 Profit level 2514.570 (0.62%) Stop level 2495.477 (0.15%) RR 4.21 Observation - Sat, 31st Aug 2024 Currently, on the 15-minute time frame, we observe a bullish breaker that has played out within a balanced price range according to smart money concepts. This setup is confirmed by the lower wick of the red candle and the upward trajectory of price action since leaving the price point of 2498.320, signalling that the price is likely to leave this region to seek out other imbalances, particularly liquidity. Since we are in a buy-side model, the price will aim to balance the previous sell-side price action. This is highlighted by the blue zones representing demand levels and Fair Value Gaps (FVGs). In the buy-side model, the price is expected to be attracted to these FVG zones, marked in blue, to balance the buy-side/sell-side imbalance. As a result, we anticipate that the price will continue on an upward trajectory to complete this cycle. The price is expected to seek out and balance the following levels: 2504.003, 2506.553, 2511.581, and 2514.590. The final target for this cycle is the liquidity high at the 2514.590 price level, which will complete the range. Ps The yellow lines indicate a small price range highlighted by a PD Array, clearly showing the bottom, middle, and top levels. If you look closely, you'll notice the candle bodies creeping upward—a telltale sign of upward movement at this time.
OANDA:XAUUSDLong
by davidjulien369
Breaking down Dow Jones Elliott WavesThe above chart is my main hypothesis for the Elliott Wave count of Dow Jones which represents the Elliott Wave Analysis of the Bull Market Post 2008 financial crisis. Kindly read all the details to better understand the Elliott Wave analysis and how Elliott Waves can be used to give us an edge in trading. Currently it looks like we are in an Ending Diagonal waves. The reason we are in Ending Diagonal Wave 3 instead of Wave B of ABC flat is because we are too far up now for our current market to be considered in wave B of an ABC flat. The 2008 crisis bear market was an ABC flat, if you look, we crashed at that time when Wave B was at around 138% of Wave A. I have attached sub wave structure of the rally we have seen so far after the COVID crash. I have explained my reasoning for my wave counts in the chart which you can take a look. Now moving further inside our sub waves, below chart shows the sub wave structure of the ABC wave we are in since 27 October, 2023 Further moving inside our sub waves, the chart below shows the breakdown waves of our this year move. Once all the waves shown in the below chart finish, we should see a correction towards our Post COVID peak price levels.
DJ:DJI
by syedhamza2135
1