Fractalstrategy
Bitcoin Dead Cat Bounce???I suspect that there are similarities between the bitcoin fractal in the 2019 - 2020 range and its fractal in the 2021 range to today.
If examined more carefully, its fractals pattern forms a big descending triangle pattern, where the last upward rally in that pattern begins with a double bottom. However, there are high uncertainties regarding how accurate the shape of the triangle might be. Therefore, I feel if
we can map each support - resistance level at that last rally up, we can minimize the trading risks.
Note: I would like to declare that this is not a financial advice. Any presented informations should be regarded as sharing opinion of my trading strategy.
Best Regards
El Suneo
+275% 😲 OMG 😲 Look at that FRACTALHi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
OMGUSDT is looking extremely bullish after a period of consolidation. The last time after OMGUSDT consolidates around the support zone and OMG touches this price level, it was a literal OMG moment and the price went parabolic to $9.92 !
I think a big bounce on this zone is likely, and a 275% increase seems more likely than a 600% increase during this point of the market cycle.
The potential at this level is confirmed by HIGH volume the previous two times that the price traded around this level. A quick look at OMGBTC also shows bullish price action is most likely after a long period of consolidation against BTC :
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[09/13] Beast Trading _ Today's Bitcoin AnalysisBitcoin has been on a steady rise in recent days and has already risen to 22k.
Although most of the auxiliary indicators indicate a decline, it seems that the characteristics of the upward trend are shown in terms of continuing the rise and rising without any adjustment, the shape and angle of the rise.
I compared it to last year's chart because it felt similar to when it renewed its low point and fell near the low point and then rose.
1. Renew low point
2. Rise for a momentarily
3. Lowering near the low without renewing the low
4. Strong rise without adjustment
5. Falling from the reporting point, briefly falling due to resistance
6. Since then, it has surpassed the downward trend and has risen strongly
1. Renew low point
2. Rise for a momentarily
3. Lowering near the low without renewing the low
4. Strong rise without adjustment (appearing)
5. ?
I analyzed it from the perspective of Fractal.
I don't think there's a possibility of the current movement, so if you keep these scenarios in mind, it will be more helpful for risk management.
Finally, the cpi announcement is scheduled today.
It is expected that the fluctuation will be very strong during the cpi announcement, and whether it is up or down, the direction will be very big.
I hope you all manage your risks well and have a great fight today!
$BETA : A Potential 15x Gain$BETA fractals repetition suggest a big move up before a drop to its unknown demand zone.
Gold looking like it may make new highs, The yellow metal have been very weary of present times, covid-19, news, energy prices, fuel prices, Russia/Ukraine conflict and other relative influential circumstances effecting it's trend, as well as other forex pairs, (USD a major factor), that said 1688 has held it's ground well over the previous months, I see no reason for it to break through now having held 5 times, (1700 may be the new 1400), my chart does show the possible break, but I consider it unlikely. My chart is based in most part on fractal historical behaviour, Gold I see it as not making it's highest high yet, there are more factors I based my idea on, but I also have seen the precious metal make moves that the major information bodies don't see, (or just don't let us know), like Reuters, fxstreet and kitco ect.
Area's to look for bull wise: 1728, 1788, 1802, 1872 and 2K
Area's to look for bear wise: 1688 and 1610
BTC/USDT : Possible similaritiesBINANCE:BTCUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$BTC has gets rejected from the range's high and the rejection has caused fractal similarities between the current structure and early August's range above.
Based on the data we have, 5 points make the fractal valid and the current formation has shown 4 of them.
So, There can be only one more fractal point to follow and it can initiates more buy triggers into the 4H Demand if $BTC sweep below the Swing Lows | Equal Lows.
Also, If the current movement follows the inversed fractal, $BTC might have a double convergence into the 4H Demand and then takes off to retest the S/R line zone, and the bearish basement formed on $23400.
Although, If $BTC manages to break below the 4H Demand, Then we can expect more bearish momentum to come...
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
BTC fractal 2019#BTC/USD
$BTC #Fractal from swing low of first of 2019.
⚡️ If BTC closes a weekly candle above 0.5 fib level of last daily swing low, like the swing of 2019 I showed in the chart, price may have repeat that fractal and rise toward 0.5 fib level of the whole swing down around $42k
If you use "Bars Pattern" tool you can understand the similarities better.
$BTC is about to fall...Hi, this is my contextual and price action analysis on why BTC is most likely to fall than create a massive bull run
We have more reasons to short this coin rather than to long and I laid out facts in the chart and my
data interpretation of those facts to conclude this forecast
What do you guys think?
Let me know in the comments section! :)
Gold could likely close its June Candle in red ?!Hello,
Sorry for those who believe strongly in inflation index and Macro economics that Gold could be safe heaven during the recession.
Two times, Gold did create a fake breakout (Fake BO), and you did see how PA behaved afterward. My short-term target in Gold is 1807-1790 ( probability: 80% for short, 20% Gold will find some support around 1820).
Market structure:
This is a very tricky question, it depends mostly in which timeframe you are in your trade. I share with you here the 8h candles TF. Personally, I trade with 1H and 8H TF:
Major flow: Bearish ( from 0, 1, 2, 3, 4, 5, 6,7 >>> clearly bearish consolidation) you can say we have a bearish flag, triangle form etc.
Minor flow: Consolidation, weak buying pressure and THERE IS NO STRONG SUPPORT before the 1808-1790 level.
Thus, It is highly probable that we have a short setup, at least 1:3 or even 4 risks: reward ratio.
Cheers and bye for now.
BTCUSDT potential fractalPotential fractal predicting with Fibonacci time frames based on Fisher Transform oscillator fractals. I'm expecting a retest to upper trendline @ 29.7k before the potential dump. It's require patience for 2D more. On Ehlers Stochastic CG we can see a bullish momentum to wait.
#GRT The Graph 1D Chart Breakout ready?The Graph (GRT) is one of the top 100 cryptos but it has been on a downward trend within a triangle pattern for many months. It seems we are near the apex of the triangle.
Taking the flagstaff from the last pump and moving it to the breakout area, it seems that the 1.618 fib may be reachable.
Also considering the fractal pattern from when GRT launched, we may be able to see massive gains.
Coinmarketcap on GRT: coinmarketcap.com
What are your thoughts? Comment below and hit the like please. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
Fractal Analysis Shows We Still Valid! (Fortune Fractal Pt. 4)I had some people asking me to make an update post on SNDL's current situation. As usual I am going to approach this from a fractal analysis (FA) perspective and I'd like to say that the "Fortune Fractal" Strategy is still valid!
Looking at the chart, I drew out what appears to be another smaller bull pennant that formed after the larger one from earlier this month. This smaller bull pennant has similar characteristics with the larger bull pennant right before it. It also still follows the general rules of the Fortune Fractal strategy. Here are few things to consider:
1.) Just like the larger bull pennant, the smaller pennant shoots above the SMMA 7 line before slowly retreating back below it. This is what I consider to be a retesting of price action before an fractal explosion could potential happen.
2.) Similar to the larger bull pennant which bounced on the pink line within the RSI, the smaller pennant looks like it will soon do the same thing. If we can get a bounce of price action around the pink RSI line, then we can place more faith in the Fortune Fractal.
3.) Lastly, the MACD seems to be showing signs of decreasing bear influence on the stock as the red bars on the histogram have become lighter and smaller than its preceding bars. If we can see a confirmed shift to green bars on the MACD (showing bull influence), I think we can put even more confidence in the Fortune Fractal.
***I am not a financial adviser in anyway, I just enjoy Fractal Analysis and find it very reliable in this situation. That being said, I expect everyone to do their own Due Diligence instead of following blindly.
Fractals Across Crypto Reveal CRV's Future To understand CRV's future price action, we have to understand alts across crypto are fractals of each other that play out at different times.
Here is a Fractal that occurred with OMGUSD that played out perfectly which I posted before,
Many other coins in crypto played out very similarly to OMGUSD, apply my fib concepts and see for yourself. With that in mind, I am simply applying this concept to CRV and see that price action from Pump #1(Nov 2020 Pump) is eerily similar to Pump #2( Dec 2020-Feb 2021).
We see that pump #2 lasted a little over 2 months. Using Fib Time zones we see that the green line pointing to the upcoming Pump #3 (Top of Pump #2) is also predicted to have a similar duration as Pump #2. Using Pump #1's and #2's Fib Levels, we can see that Pump #3 would take us to $20.
What do you think? Post your best fractal plays, I would love to see what you guys come up with and the patterns you see using my concepts.
PMs - PLATINUM - Fractal ApplicationIntroduction to Fractals:
Although prices may appear to be random, they actually create repeating patterns and trends. One of the most basic repeating patterns is a fractal. Fractals refer to a recurring pattern that occurs amid larger more chaotic price movements.
- Taken from Investopedia
Fundamentals Notes:
- Initially, inverse correlation with stock market, but Platinum reaps the benefits of industrial use in clean energy strategies, we foresee a decline in the stock markets until EOY, and recovering early 2021. PMs' technicals seem to support this sentiment.
- Interestingly, there was a consolidation and accumulation period from 2015-2019, and the automatic rally from the last sell-off in March 2020 was used as a spring to achieve new local highs, but this type of pattern typically results in a decline, once distribution has ended.
- However, we are in a greater trend, and while it seems that we have entered a higher channel, volatile sell-offs can be seen as bearish , and we believe the decline will continue once the short squeezing wash-out is over and retail excess diminishes, and support will be tested before further decision.
I posted a forecast previously, but I liked the Fractal Application, so I decided to make it its own idea. Link:
My Wyckoff Method Application post, which this strategy builds on:
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Bitcoin is up 239% in 239 Days since my fractal call
Hello everyone,
I´m not saying this is local TOP but it might be. What I wanted to point out and remind you is the power of fractals and cycles
Back in March 12 when the price of BTC was 4814 USD I´ve shared the idea explaining the "China fractal"
You can check the idea/chart HERE
Since then 239 Days passed and Bitcoin is up 239%
In the previous idea the fractal was not likened exactly accurate, intentionally !
The reason was I wanted to be easier for us to read the future price action. Now I linked it more precisely right in the midle of fractal where the "dips" occured
and you can see both of these fractals end up in the range of 15-17K.
In my opinion BTC.D and BTCUSD is likely to top anytime soon.
What does it mean for traders ?
The cycle is simple
Tether acumulation - BTC pump - Major alts (top20) pump - Low market coins pump
So be ready to be reactive when the alts relief rallye begins
&
Don´t get me wrong ! Im super bullish long term on BTC
ChaChain
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Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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you already know wtf is going onmoon fucking dera it gets 12.79 its at 16 so fucking fast
you dont need indicators u just need a brain
get calls after the 12.79 breakout
this is a lay-up if you miss this quit trading
Fractal play BitcoinBitcoin is forming a cup and handle on lower time-frames. However I am still looking at this fractal and expecting a pull-back in price. This zone is a no-trading zone for me, unless you are already in a long position and want to wait. I would try to look for a long position after the next retrace in price.
Fractal Update /BitcoinSo BTC is forming a cup and handle looking pattern and been hanging from its ball-sacks in this zone so long that its absolutely boring. Im posting this other fractal just in case we manage to push through this top here and continue upwards for anyone who is interested in fractals.