Take this as a representation of entire market structure On the first pannel, you can see 4 boxes The bigger ones A+B (green continuous period) are a perfect representation of the smaller ones A+B (green dotted period) They are fractaly similar So, we will take the small pattern period to reveal what will happen with the bigger period And that is what we see...
Let's do a quick recap on Bitcoin. I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH. Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go. I'm labelling this post as "short" simply for the lack of...
I've been saying for some time now that the real ATH is still ahead of us. I base this on a few points of observation. First, the Elliot Wave Theory: Then we're taking a look at an inverse H&S pattern observed on the daily: Another bullish point to consider is that we have been able to hold above 60k successfully, showing that buyers are scooping up lower...
Bitcoin Halving: A Comprehensive Overview and Its Impact on the Market Bitcoin halving, an event that occurs every 210,000 blocks (approximately every four years), reduces the reward for miners who validate transactions and add new blocks to the blockchain by 50%. This mechanism is designed to control inflation and maintain the finite supply of Bitcoin, which...
AEVO has been trading on Binance for a short time after its listing, but it has already managed to form fractals (repeating patterns). On the 4-hour timeframe, it is forming a bullish flag pattern, followed by a stop-loss hunt of longs below the lower border of the pattern, which is followed by a sharp pump. The bullish flag: The bullish flag is a bullish...
📉Hi Traders, Investors and Speculators of Charts📈 In recent news we've just learnt that Cardano is being considered to assist in the upcoming voting processes! Multiple US states are exploring the potential of leveraging Cardano for enhancing election transparency through the integration of blockchain tech into the voting process. Now this does not necessarily...
I have been following the weekly time charts forever now and focusing on the halving schedule as a base line for pretty much every chart I watch. I haven't been publishing which is a shame because on socials I have been spot on for several months leading up to this bull-run. Feels good. Anyway, I personally think the parabolic moves start next week.
Meme coins are a type of cryptocurrency that are often based on internet memes. They are typically created as a joke or for fun, but some meme coins have gone on to achieve significant success. Look closely on WEN Dogecoin is the most famous meme coin, and it has inspired a number of other meme coins, including Pepe and Floki. Pepe the Frog is a cartoon frog...
Hi Traders! A quick update on shiba !!!! If the price close up to 1259 then we will see very good returns!! personally it is the number one asset in my portfolio (of course there are others). let's see during the weekend if he can surprise us.. Be careful and always do portfolio management and if you are not in a good mood then go for a walk or read some...
2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models. Factors Driving the Growth NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern....
The observed pattern on the weekly chart indicates a recurring scenario where the market forms significant highs (key peaks), followed by a fake breakout above these highs before initiating a reversal to the downside. This occurrence has happened twice before, and there are indications that a similar situation may be unfolding for the third time. The suggested...
In the dynamic world of cryptocurrencies, significant events often trigger market movements, and the past has shown us that what follows isn't always a predictable upward trajectory. In 2017, the approval of CME futures for Bitcoin (BTC) was met with enthusiasm, but the subsequent market performance took a surprising downturn. Similarly, the Coinbase IPO and the...
DOT, the crypto maverick, embarked on a fascinating journey from August 2022 to November 2023, tracing a colossal descending wedge—a classic bullish pattern. However, the plot thickens as DOT pivots into a new range, resembling yet another consolidation, promising more excitement ahead. Key Phases of DOT's Journey: Descending Wedge (August 2022 - November...
🔄 Repetition of Behavioral Patterns: Bitcoin Cash (BCH) has demonstrated a penchant for revisiting and replicating its past behavioral patterns, creating an intriguing narrative for traders and investors. Notably, it has a history of mirroring its own fractals and behaviors, offering insights into potential future movements. 📅 Historical Recap: In a strikingly...
In the captivating saga of Bitcoin's market cycles, a compelling resemblance to the 2017-2020 period unfolds. Just as history echoes, Bitcoin is sculpting a narrative of double bottoms under pivotal resistance zones, with the second bottom triumphantly surpassing its predecessor. Are you tuned in to the beginning of the bullish symphony? Chart Analysis: A...
MIL:BTC will see a pre-halving ATH if it keeps copying previous cycle's post-black swan fractal. After the FTX crash, we copied each phase that occurred after the COVID crash. If this continues, we'll see a new ATH early 2024. The ETF catalyst could make it happen.
The crypto market often takes us on a rollercoaster ride, and it's during moments of similarity that we can draw valuable lessons. The current situation in the crypto space is strikingly reminiscent of August 2023 when Bitcoin (BTC) traded within a range but only made local highs without attempting to revisit the lows. This eventually led to a local dump. Today's...
Echoes of the Past: Cycles Revisited The Bitcoin market, much like nature, operates in cycles. The most exciting part? These cycles bear a striking resemblance when examined across different timeframes. The Telltale Signs: An Identical Bottoming Pattern What's been consistent in these cycles is the pattern of the market bottoming out. It's like a signature...