USDJPY 1H 26/04/2023Currently, on the 1-hour timeframe, we are in a bearish range that goes from 133.94 to 133.01. We can also see that the structure has broken down multiple times, mitigating the larger demand zones. Therefore, we could expect two possibilities: firstly, the price could react to one of the marked gray demand zones, or alternatively, it could break the structure upwards without a pullback. This would signal a possible redistribution, and we could look for bearish ranges in lower timeframes to continue the established movement.
Fractales
BTCUSD 1D 26/04/2023Currently, on the daily timeframe chart, we are within a bullish range that ranges from 26,679 to 31,170, with the latter being the liquidity point of the range. We can also see that the price reacted to the first supply zone ranging from 27,590 to 26,689, and the mitigation of this zone could indicate that we can look for new bullish ranges in favor of the daily trend in lower timeframes to position ourselves in the movement towards the liquidity point of the daily range.
BTCUSD 1W 25/04/2023 Currently, on the weekly timeframe chart, we can see that the price has made an initial structural change to the upside. If it closes above the current range at 31,170 with a strong bullish candle, we could see that the double break of structure to the upside would result in a new weekly bullish trend that we could follow to anticipate a sustained and consistent upward movement.
USDJPY 1H 20/04/2023In the 1-hour timeframe, we can see that the price is currently in a bullish range between 135.134 and 133.954. This range would be broken if the price falls below 133.954 with a full-bodied candlestick. If this occurs, we could consider taking a short position within the gray areas marked in the chart, as they would be within the valid range of the new bearish range.
The first area to consider is between 134.358 and 138.261, while the second area is between 134.830 and 134.665. These areas represent potential opportunities for short positions, as they are within the range of the new bearish trend. However, it is important to note that market conditions can change quickly, and traders should always exercise caution and make informed decisions when entering or exiting positions.
Is Bitcoin repeating 2013 PA ?I posted this idea a while back, saying that this was a possibility. Just amazing how this appears to be playing out
Bitcoin PA repeats 2013 action, to the day.
From ATH to the day PA went under the 50MA, then the number of days Till PA retest resistance of 50MA, went back under and then, finally managed to break above
50MA has Just gone back blow PA today, after the exact same number as in 2013
Are we repeating this PA
If this is the case, then NO ATH till Mid '24 and THAT is further confluence.....However, as we all know......Things change fast in the world of Crypto
Bitcoin weekly pattern repeats ?As you can see in the chart, it would seem that history is repeating itself a little on the PA
There have been many that look at the PA from 2013 and draw similarities but I've not seen this and so I will post it again
It Must be noted that there is a tolerance of 7 days to these numbers as a weekly chart has 7 days, but its near enough as you can see
Using the 50 EMA ( Red )
From the ATH in Dec 2013, PA remained above the 50 for 266 days till it dropped below - 84 days later, it came back up and touched, pushed through briefly before going back down for another 427 days before it came up, broke through and continued above the 50 for another 784 days to the new ATH
PA has repeated this almost ecactly since the High around April 2021 and we are right on the point where PA, if it wasn't being hit by fundamentals / FED . Fear etc, would be about to push through the 50, as can be seen on chart.
If PA manages to break through now and continues along this "pattern" it would reach an expected New ATH around April 2025, which amazingly has confluence with some other charts and ideas.
For this to work, Obviously, the fundamentals have to work in Bitcoins favour and one of those may well be the continuing fight with inflation in the USA
It has to be said, there is NEVER any certainty with Fractals and Time pattern repeats but there does seem to be a strong similarity, and I find that Fascinating.
I hope you do too
USTC/BUSD- Good chance of a breakout moveSemi fractal play, I think a lot of alts have done 1-2 moves, greyscale btc is popping so some green days seem likely at least in the short term , this has been pretty parabolic in the past with not much of a discernable wave 3 top just 1-2 then vertical 345 so we could get a move something like this
Crypto as a MarketHello Birdies,
After a long time I did some fractal analysis and this time its between dotCom bubble and Crypto Market.
The fractals are pretty clear and yesterday we post Crypto MCap idea which also pointing towards 957B-997B area. Which is exactly where we are standing in fractals right now.
I am just waiting for the drawdown to buy BTC and enjoy the last bull ride before SUPER CRASH
KISHU -USDTthis could surprise- i don't think the first pump was anything just a big X wave , then it did a 1-2 and found a bottom and its a long way up to the next macro fib these Dog coins always seem to move round about the same time, so shib and doge moving up could be a good catalyst for apes to ape into other dog coins. defo worth a punt I reckon
Dogechain 3 Line Strike Bullish FractalDogechain appears to be acting similarly to how it did before the first pump as it's formed a Bearish 3 Line Strike Pattern, Broken out of a Parallel Channel, and now it it stands to make a higher low on the Macro and go for an ABCD movement to the upside which would take it to the 1.618 Fibonacci Extension above.
Pessimistic picture of natural gasThis scenario is under the assumption that we keep downtrend in natural gas irresistible manner.
There is also the alternative with breaking up to 8, but in downtrends we always expect breaking up and mostly always going down and down.
On normal scale we broke a little trend line, on logarithmic - not.
BCH - Nothing Much To Say Here... Just Use Your Eyes On This OneCrashing structure between Bitcoin 2019 and Bitcoin Cash (BCH) looks nearly identical. Will see what happens from here, but i am 90% shore we will see a breakout from here in the next week/weeks.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BTC and whole crypto destiny shall be defined todayHi folks!
Today, IMHO, could be decided further direction of the market for the next 3-6 months. I found very similar technical situation on the chart of the previous bear market in 2018-2019.
I took 2 fractals taken place in the past and applied them onto today's BTC chart. So similar, isn't it?
Decreasing volatility and increasing volume. Even timing is super similar.
The question is—in which direction will we go. It depends on CPI data that will be published in 1 hour.
Inhale, exhale. Relax and observe.
Possible Dropping Dominance BTC.DThis fractal on the monthly BTC.D chart has the potential to play out--especially if we close the weekly candle below 39.95%.
If the merge ends up being successful and bringing more money back into the altcoin eco-system--mixed with some positive macroeconomic news--there is a big chance for altcoins to have relative gains against Bitcoin. Dominance targets include 33.7% and 27 %.
No guarantee this plays out, but I find it useful to have plans either way.
What do you think?
Not Financial Advice