Fractal
28-Sep-24 UpdatePrice dropped as forecast, but not very far and under low volume, so it looks like there could be room for one last short squeeze.
The next liquidity target is the big even above $66,666 at $67,000.
We might only see a wick to that level, or we could linger, but I think the drop after that will be steep.
TOTAL3-USDT - RISK ON - ALTSEASON IS HERE!This will be the most important Weekly Close of the cycle for Altcoins.
TOTAL3-USDT has shown a “3 White Soldiers” pattern and broken out of its Bull Pennant and Bull Market Support Band.
RSI has also flipped bullish.
The last time this happened Q4 2020, Alts ripped ~1,100% over a 1 year period.
This rally has been fueled by the Fed announcing a massive 50 Bps Rate Cut, with PBOC doing the same shortly after.
More rate cuts are expected November 6th and December 17th to push risk even further.
Get ready for all your normie friends to start messaging you asking for crypto advice.
I personally have experienced this the past week.
BITCOIN ULTIMATE PARABOLIC CURVE CHART | Insane $181,267 Target!🟢 Hello, fellow traders! I’m excited to share an update on Bitcoin price prediction and the potential implications of the Parabolic Curve pattern we witnessing at the moment!
Today, let’s dive into the Parabolic Curve as Bitcoin approached the end point of Base 4. Understanding this pattern can help us evaluate future trading opportunities.
The Parabolic Curve often surfaces near the culmination of major market surges, marking the end result of multiple base formation breaks. This pattern is typically seen in growth assets with innovative technology or visionary leadership — Bitcoin is a prime example.
Last year, at the pivotal point of Base 3 , indicated by the "X" on the chart at $25,700 , Bitcoin doubled in a remarkably short timeframe.
The hallmark of this pattern was its staircase-like formation, where the price created short-term bases before catapulting to new highs, repeating this cycle multiple times during its ascent.
In my analysis using Fibonacci tools and Elliott Waves , I've observed that:
Base 4 in the range between the $72,759 resistance and $55,257 support , with lowest spike at $49,000 .
The anticipated sell zone for the parabolic move was positioned between $149,175 and $181,267 .
This parabolic curve, reminiscent of a rocket's trajectory, has demonstrated significant persistence. However, as we saw, caution is a key as this pattern near completion; rapid upward momentum can conclude abruptly, resulting in price declines that outpace previous gains.
What are your thoughts on Bitcoin's recent movements? Did you spot the Parabolic Curve unfolding as anticipated? Share your insights in the comments below — I’d love to hear your perspective!
Your support means the world to me, so if you found this analysis valuable, please smash that like button and follow for more insights!
TSLA💹
Outlook: TSLA has been breaking bullish and currently re-accumulating. I am expecting price to continue to at least 259.36 and maybe get some scalps inside this 30m range to end the week. Need a bit of more conviction from the market inside the 6m chart. An impulse before a correction.
Bias: Bullish
26-Sep-24My last two forecasts have been relatively accurate, it looks like we might be forming a megaphone as expected, but the targets and timing are now slightly different.
I think we will continue to oscillate within the range, breaking below and above to squeeze longs and shorts, before settling at about $61,000 at the end of the month
XAUUSD 9/26/24💹
Outlook: Price is looking really good breaking bullish and accumulating coming off a re-accumulation with protected lows. I wanna see price show some money coming in NY session tomorrow above the EMAs before dropping to the 6m time frame to validate price once again. But Gold is looking really good for tomorrow or Friday for longs so keeping an eye on this for sure for possible setups into continuation.
Bias: Bullish, needs time to show some money coming in above EMAs. KEEPING AN EYE OIN THIS AHHHH
NAS100 9/26/24💹
Outlook: Price is way to overextended form what it looks like a Tokyo run/continuation where you could have gotten involved. However I did not which is okay because I will be waiting for NY news tomorrow to pass where then I will look for continuation trades.
Bias: Neutral until we re-accumulate and make a pullback into the 10/20emas.
USDJPY 9/26/24💹
Outlook: Price is breaking bullish and accumulating nicely however it is over extended for my liking and would like price tomorrow or later in the week like Friday to re-accumulate into the 10/20 or 50ema even and then start another run higher where I can get involved.
Bias: Neutral until we meet re-acc rules.
MSFT 9/26/24💹
👁️ Outlook
30m Context Time Frame: Price has been breaking bullish on the daily and 5hr, however needs some time to break bullish on the 30m time frame and come above the EMAs. Once that happens and shows money coming in then I want price to re-accumulate before going down to my Validation 6m time frame but this is a good stock to look at once that happens with lots of liquidity above.
Bias: Neutral until signs of money coming in above EMAs
Keeping an eye on this. 👁️
NVIDIA (NVDA) - Bullish Momentum Fueled by AI RevolutionKey Fundamentals Supporting Bullish Bias:
1. Surging demand for AI chips driving record-breaking revenue growth
2. Launch of next-gen Blackwell architecture expected to outperform current offerings
3. Expanding market share in data center and cloud computing sectors
4. Strong cash flow and $50 billion share buyback program announced
Utilizing Probabilities for Long Positions:
As a trader, I'm leveraging probabilistic analysis to optimize my long entries on NVIDIA.
By combining fundamental analysis with probabilistic technical analysis, I aim to capitalize on NVIDIA's bullish potential while managing risk effectively.
12M:
2W:
1H:
What's your take on using probabilities in trading? Share your thoughts and experiences in the comments below! Let's discuss how this approach can enhance our trading strategies.
Have a perfect trading week! 🚀