Bitcoin Bullish Fractal vs. April 2011 - Up OnlyBitcoin is attempting to break out of a 6-month consolidation. This is the 2nd base from the bottom, very similar to the price action in 2011. It has also completed the same 7-wave correction. This fractal suggests that Bitcoin may go up only from here.
Fractal
Secrets of the 350-Daily Moving Average(350-DMA)🔮Hi, everyone👋.
Today I want to tell you the secrets of 350-Daily Moving Average(350-DMA) in the monthly time frame.
By reading this post, you might find an approximate target for Bitcoin before the 2024 Halving.
First of all, I suggest you read the following two posts, and maybe our strategy puzzles will be completed before the 2024 Halving.🧩
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🔮 Secrets of the 350-Daily Moving Average(350-DMA):
Between two consecutive Halvings, Bitcoin must go below 350-Daily Moving Average(350-DMA) once.
The duration of Bitcoin under the 350-Daily Moving Average(350-DMA) is between 335-396 days (the movement between the two Halvings of 2022 and 2024 is very similar to the movement between the two Halvings of 2012 and 2016).
After the monthly candle closes above the 350-Daily Moving Average(350-DMA), Bitcoin has never gone below 350-DMA again before the next Halving.
After the monthly candle closes above the 350-Daily Moving Average(350-DMA), Bitcoin starts its growth for a new All Time High(ATH).
Due to the similarity of the recent movement of Bitcoin to the movement of Bitcoin between the two Halvings of 2012 and 2016, if we use the Bar Pattern tool, Bitcoin can have a price of about $ 50,000 before the Halving of 2024 .
🎉 In the coming days, I will try to share other secrets with you, and maybe our puzzle will be completed soon.
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Bitcoin Analyze ( BTCUSD ), Monthly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Ready for the next HMSTR bullish wave?Just enter the position on the spot
A lot of time correction has been made and a powerful movement has been created. This movement has returned a small amount of the bullish wave.
It is not seen in the roof of the powerful and efficient bass that there are many orders
In the yellow circle, we have an inter change zone that has not been engulfed and the buyers' stronghold has been preserved.
By maintaining the green range, it can move towards the PRZ range.
Closing a 4-hour candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
$BTC Fib Probabilistic MapAdjusted version of previous charts for experimental purposes
Time and Price related fibonacci channels are sourced from the cycle of Covid Low and 2022 Low.
Previously I used the steepest (time related) fib channels all the way back from 2014.
I chose the source from covid cycle over the prehistoric one to witness how price behaves to more recently formed angles.
GOLD BREAKDOWNA chart representation of what may happen on Gold in the week and beyond.
Monthly TF still looks significantly bullish as the Gold Market Price is currently still trading above the previous significant monthly lows. We don't need the price to just trade below but close below to ascertain the presence of weakness in the current bullish trend.
On the Weekly TF, price has shown a clear push signifying a building up in bearish momentum before and after the US elections last week. Nevertheless there is the monthly lows as support to hold off what sells we are seeing and resume bullish trend. Until the break of that area, we will only keep seeing the current push down as gathering liquidity to continue the preceding bullish pressure.
Coming to the lower TF, the chart clearly shows Possible rejection zones that may be used as indicated and based on special confirmations know to my trading style, I will be looking forward to join in for buys or sells where significant.
Fundamental - The uncertain nature of Trump's first approach upon assuming second term may stir trade tensions globally and mixed sentiments may have an effect on price volatility until his policy implementations are clearer.
Fideum: growth is in the cardsThe analysis of Fideum TA indicates several challenges due to its limited history and low capitalization. This asset is similar to other cryptocurrencies such as CRO, Swissborg, and Swipe, which currently look more weak compared to the general market. It features a small team and sparse news updates, with no new exchange listings and a relatively basic website. Despite these concerns, the asset is hosted on the Ethereum network, which is showing strong signs of growth. Potential new exchange listings could rapidly increase growth.
The team appears genuine, focusing on app and technology updates since its inception less than a year ago. Technically, the asset follows Fibonacci retracement levels and shows some confluence, suggesting potential support and resistance zones. The money flow index is increasing, and both momentum and Relative Strength Index (Stoch & RSI) are trending upward without divergences on the 4-hour chart.
Critical levels to watch short term include maintaining above 6150 to reach initial targets of 8388, 9787, and eventually 11317, contingent on continuous positive performance from major cryptocurrencies like Bitcoin and Ethereum. However, the analysis remains fragile due to the low trading volume.
MSTR 10x From HereThis fractal compares the current price action of MSTR to its price action in 2021, during the previous Bitcoin bull market. This time, it is moving slower, so the time interval was adjusted to 1 week instead of 1 day. The next base consolidation target is around December 2024, with a top expected around April-June 2025.
USDJPY: Ready for another 1500 pip move? Presidential election in the US, which was one of the most important political events this year, moved the stock market to significant highs, historically speaking. The new rally could weaken the dollar. On the Japanese side of things, the new bullish move might be starting soon. Now that we got the retracement back to our weekly area of interest, its time to start looking for short entries. Our area of interest consists of Fibonacci and VWAP levels.
This analysis is taught and provided by Fractals Trading.
Trade safely and expect the unexpected,
Mei
AVAX vs BTC | ALTCOINS | Life Changing IF This Pattern Plays OutFractals have been used for years as possible suggestions to map how money moves in the financial market.
This is what gives them significance; they draw out a sort of map. The hard part about fractals though, is that they often appear cross markets and it is no easy feat to spot similarities on large scale. However, to the seasoned eye, fractal-spotting becomes easier over time.
There is a misconception that fractals can only be used in the same timeframe. This is simply because, as with Bitcoin, there is a large history of candles (data) that plays out in an elaborate pattern. Daily candlestick patterns become lost in weekly patterns, even though the general direction / macro is the same.
In the case for AVAX, a similar pattern has been observed in BTC before the COVID pandemic - and it has been playout out perfectly, so far.
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BINANCE:BTCUSDT
COINBASE:BTCUSD
BINANCE:AVAXUSDT
Analyzing the Relationship Between Ethereum and the S&P 500The Fractal Theory and Crypto
The financial markets, often chaotic and unpredictable, can sometimes reveal patterns that repeat themselves over time. This concept, known as fractal theory, suggests that similar patterns can occur across different time frames and asset classes. In recent times, some analysts have drawn parallels between the price movements of Ethereum (ETH) and the S&P 500 index.
The S&P 500 Fractal and ETH
Ethereum's price action may be following a similar pattern to that of the S&P 500 index in 2020.
If this fractal theory holds true, it could have significant implications for the future price of Ethereum. The S&P 500 index experienced a sharp decline in March 2020, followed by a V-shaped recovery. If Ethereum were to follow a similar trajectory, it could potentially surge to new all-time highs.
Key Factors Influencing ETH's Price
While the fractal theory offers an interesting perspective, it's important to consider other factors that could influence Ethereum's price:
1. Network Upgrades: Ethereum's ongoing development, particularly the highly anticipated Shanghai upgrade, could significantly impact its price. This upgrade is expected to unlock staked ETH, potentially increasing market liquidity and driving demand.
2. Global Economic Conditions: Macroeconomic factors, such as interest rates, inflation, and geopolitical events, can influence the overall market sentiment and impact the price of cryptocurrencies.
3. Regulatory Environment: Regulatory clarity and favorable policies can boost investor confidence and fuel price appreciation. Conversely, stringent regulations could dampen market enthusiasm.
4. Institutional Adoption: Increased adoption by institutional investors can provide significant support to Ethereum's price. As more traditional financial institutions recognize the potential of blockchain technology, they may allocate a portion of their portfolios to cryptocurrencies.
Potential ETH Price Prediction
Based on the fractal theory and other factors, it has been predicted that Ethereum could reach a price of shortly. However, it's crucial to remember that price predictions are inherently uncertain and should be taken with a grain of salt.
Conclusion
While the fractal theory provides an intriguing framework for analyzing Ethereum's price movement, it's essential to consider a range of factors that could influence its future trajectory. As the cryptocurrency market continues to evolve, staying informed and making informed investment decisions remains crucial.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. It's important to conduct thorough research and consult with a financial advisor before making any investment decisions.