AVAX - update - and its lil bro JOEAVAX - update - and its lil bro JOE
well avax farted around quite a bit there, and was offset late pumper, that happened last time. hence why ive rotated some early winners gains into JOE.
presumably lower market cap and high volume avax dex joe will outperform. look at the joe/avax chart.. looks bottomed.
some new functionality coming from the joe team as well. which will no doubt catalyst more pump.
seem to remember joe doing a 150% move in two days once , or was it 300% in a week or so. it was quite impressive.
*buckles up*
Fractal
Bullish on GoldSometime last week I posted about how this commodity was in a range and how if it ever hit the bottom of the range we should place trades of buy positions or if it ever broke out to the upside, we should look for buy positions.
this one is hindsight but I caught it while it was in motion form the point of entry to the point of take profit
TESLA option play planFirst of all thanks to papa E and orange toasty for becoming besties, we getting the mad pump.
Second of all it was a reasonably easy bet to take. Why take 2x on vanilla trump vs harris when you can slap on some out of the money option calls? its a full win/lose bet but the options get you 5-10x average for this one.
Risk - Reward ratio is everything. If your taking the risk make sure the reward pays for it.
Putting this one down so I can reference going forward. Yeh we might go flat for few months.. or dump because of tarrifs and xyz blah blah,, but This is just the strong bull option which is the scenario im aiming to hopefully play.
Euphoria/blow off phases tend to have two main features
1. its velocity/momentum is faster than you think (its over before you know it; just when your getting really excited)
2. it tends to go higher than you thought
PE ratios, valuations etc are hinting at top energy here.
lets ride it and hopefully jump ship in time.
Bitcoin's Critical Juncture: A $100K Test or a Bearish Turn?
Bitcoin, the world's largest cryptocurrency, has recently reached a critical juncture. Its price action has formed a key support level that bulls must defend to maintain the upward momentum and potentially pave the way for a new $100,000 price push.
A Pivotal Support Level
After a period of consolidation and recent price volatility, Bitcoin has found support at a significant level. This level acts as a crucial line in the sand for the cryptocurrency. If bulls can successfully defend this support, it could signal renewed bullish sentiment and potentially trigger a fresh rally towards the coveted $100,000 price target.
Bullish Resilience
Despite facing headwinds from broader market volatility and regulatory uncertainty, Bitcoin bulls have shown remarkable resilience. The recent bounce from the key support level underscores this bullish sentiment. It demonstrates the underlying strength of the market and the unwavering belief of many investors in Bitcoin's long-term potential.
A Glimpse into the Future: A Golden Warning
However, a closer look at Bitcoin's performance relative to gold raises some concerns. By analyzing historical price patterns, a potential bearish fractal has emerged. This fractal, when compared to previous market cycles, suggests that Bitcoin may be due for a significant correction, potentially as much as 35%.
This bearish signal stems from the fact that Bitcoin's price against gold has reached resistance levels that historically coincided with the start of bear markets in 2018-2019 and 2021-2022. While this fractal analysis provides a valuable perspective, it's essential to remember that market conditions can change rapidly, and past performance is not indicative of future results.
The Road Ahead
The coming weeks and months will be pivotal for Bitcoin's price trajectory. If bulls can successfully defend the key support level and maintain the upward momentum, a new $100,000 price push could be on the horizon. However, if the bearish fractal plays out, a significant correction may be inevitable.
It's crucial to approach Bitcoin investing with a long-term perspective and a risk management strategy. The cryptocurrency market is inherently volatile, and price fluctuations are to be expected. By staying informed, conducting thorough research, and diversifying investments, investors can navigate the complexities of the market and position themselves for potential rewards.
Key Takeaways:
• Bitcoin has reached a critical support level that bulls must defend.
• A successful defense could trigger a new $100,000 price push.
• A bearish fractal suggests a potential 35% correction.
• The cryptocurrency market is highly volatile, and price predictions are uncertain.
Additional Considerations:
• Macroeconomic Factors: Global economic conditions, interest rate policies, and geopolitical events can significantly impact Bitcoin's price.
• Regulatory Environment: Regulatory positive and negative developments can influence investor sentiment and market dynamics.
• Technological Advancements: Ongoing technological advancements in the blockchain space can drive innovation and adoption, positively impacting Bitcoin's long-term prospects.
By carefully considering these factors and maintaining a balanced approach, investors can navigate the complexities of the cryptocurrency market and position themselves for potential rewards.
TSLA: PatternsREGULARITIES:
Fractal Cyclicality
Before offrange breakouts it completes 2 sub-cycles
Distinctive cup on top 1st sub-cycle and inverted one at the start of 2nd sub-wave (separating the phases)
Fib Mapping:
Fractal I
Fractal II
Fractal patterns are approximations and are not solely about predicting price movements on the Y-axis; they also encompass the frequency of reversals on the X-axis. The timing of smaller cycles, which serve as the building blocks of these patterns, holds greater significance than the overall composite price changes.
DXY 1W Forecast until the end of MAY 2025Up-trend will resume and last until the end of February 2025 topping no higher than 114. Current bottom is in at 105.9
Hence, it shouldn't fall below.
After February a consolidation period of 1,5 months will trap price action between the bottom of 122.16 and upper level of 114.9
The spring squeezed during consolidation will provide enough energy for further upwards movement starting in the end of April 2025. This will ignite a chain of devaluation of national currencies followed by epidemic inflation across the globe. This will finish/cool-down at DXY reaching the mark of 148.
New reality after May 2025?
Litentry $LIT Price/Time Update.As per the majority of the altcoins, the 5th of august represented a new price/time set up that yesterday, after almost 128 days, showed up a huge cycle closure.
The pace of the price so far, wasn't enough strong to encourage the holders to aim very high targets and, in my opinion, it will be not higher than 3 $ before the end of the cryptomarket bull cycle.
Personally I will hold AMEX:LIT till April 2025 as I have identified this date as the end of the bullish season of this altcoin.
See you in the next crypto catch up.
Math
ETH All Time High is NOT YET IN A fractal, a Fibonacci pattern, and Crypto logic tells me that the Ethereum all time high is still coming.
This could take some time - but the month of December seems likely as this is a period of euphoria around the world, and BTC is notoriously bullish over Decembers. Ultimately, it all depend son how long BTC can hold and trade range - This is when altcoins continue to rally.
What we need to monitor closely now, is the BTC market cap (to watch the liquidity) and the Bitcoin Dominance Chart. A hard drop in BTC.D signifies the "beginning of the end" for the BTC bull cycle, but also the last impulse of Altseason.
More on that HERE:
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BINANCE:BTCUSDT BINANCE:ETHUSDT
BTCUSD: Systematic PatternsThis analysis highlights the recurring fractal patterns observed within Bitcoin's price progression, specifically focusing on the rhythmic swings that form during bullish trends.
Regularities:
When the price starts to curve sideways forming rounded tops instead of continuing its aggressive upward trend, it suggests a weakening of bullish momentum.
These rounded patterns reflect the exhaustion of buyers at higher price levels and increased resistance, which creates a setup for potential bearish moves. It aligns with typical market behavior, where overextended moves are followed by consolidation or pullbacks.
This transition can lead to a correction, not necessarily a full bearish reversal. However, the extent of the correction depends on broader market dynamics, such as support levels, volume, and overall trend context.
This distinction is important because while these patterns can signal a shift in momentum, they don't guarantee a reversal into a sustained downtrend. Instead, they serve as a warning to be cautious of potential downside risk or a pause in the prevailing trend.
The distortion of composite fractals in these structures is fascinating because it reflects the interplay between market participants.
To analyze further the probable transitions we need some regularity that recognizes those patterns as a part of larger system. For example, a larger curve that maps point of the beginning of this super-cycle with significant highs, would be a great scalable reference, hinting the limits of ongoing "function" to support hierarchy of structures.
Closest pattern relative to current rhythmic swings within the progression suggests a continuation of bullish dominance:
❗️Systematic fractals to counter the scenario above:
4H USDCHF posible Sell set-up- On the 4H TF, market structure was bullish then the market structure changed character
bearish after reaching a Daily order-block.
- Now wait for price to pull-back into the 4H order block, then switch to the 15 min timeframe.
- On the 15 min TF, wait for price to re-align bearish with the 4H TF market structure.
- Mark out the point of interest(s)/ order-block(s) on the 15 min tf and set your sell limit order.
- Target the 4H swing low or Daily Order block lower.