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Pivot Points

BTC tested hard here on (P) yearly fib pivot - Uncovering the Rhythms of Bitcoin Bitcoin's recent price action has brought it to a critical juncture, testing the (P) yearly Fibonacci pivot point. In the realm of technical analysis, one tool that's capturing the attention of traders and enthusiasts alike is the Fibonacci pivot points. Derived from the intriguing Fibonacci sequence, these points have a long history of helping predict the future direction of price movements. The underlying principle revolves around the belief that financial markets, including the ever-volatile Bitcoin, follow cyclical patterns, providing some semblance of order in the chaos. Bitcoin seems to be dancing to the beat of these Fibonacci pivot points with remarkable precision. This rhythmic pattern hints at a hidden structure within the crypto markets. But that's not the only pattern I've been tracking. Beyond Fibonacci, I've observed what I call the 'Japanese 3-Year Cycle' in Bitcoin's behavior. This concept bears similarities to the well-known 'Four-Year Cycle Theory,' but with its own unique twist. The 'Japanese 3-Year Cycle' suggests that Bitcoin experiences price peaks roughly every three years, possibly influenced by a myriad of factors, including halving events, technological advancements, regulatory changes, and broader macroeconomic trends. Yet, the world of cryptocurrencies remains as enigmatic as ever. Social media platforms buzz with posts from traders and enthusiasts who grapple with the unpredictable nature of this space. My aim is to bring some clarity to this apparent chaos, to shed light on the inherent order concealed beneath the surface. However, it's essential to remember that while these patterns can offer guidance, they are not infallible predictors of future movements. Cryptocurrencies, particularly Bitcoin, are highly volatile and susceptible to numerous external influences. Always conduct comprehensive research before making investment decisions and consider consulting with financial advisors. In the end, whether it's the Fibonacci pivot points or the Japanese 3-Year Cycle, one thing remains undeniable - Bitcoin's intricate dance continues to captivate us. Let's keep observing, learning, and, most importantly, navigating these markets with wisdom and patience.
INDEX:BTCUSD
by MaximusGains
7
BTC like a clock Bitcoin's (BTC) Price Movement: A Dance with Fibonacci Pivots and the Japanese 3-Year Cycle Hello everyone, In the vibrant world of cryptocurrency trading, one asset stands tall - Bitcoin (BTC). Over time, I have observed that Bitcoin's price action appears to move like a well-oiled clock, respecting certain technical patterns with uncanny precision. One such pattern is the Fibonacci pivot points. These points, derived from the mystical Fibonacci sequence, have long been used in technical analysis to predict the future direction of price movements. The premise rests on the assumption that financial markets, including Bitcoin, tend to move in cyclical patterns - a rhythm to the seemingly chaotic market movements. This rhythm is where Bitcoin seems to dance, hitting the beats of the Fibonacci pivot points with surprising accuracy. In addition to Fibonacci, I have also observed what seems to be a three-year cycle in Bitcoin's behavior - a concept similar to the 'Four-Year Cycle Theory' commonly discussed, but with a unique twist. I fondly call this the 'Japanese 3-Year Cycle'. This cycle suggests a rhythmic peak in Bitcoin's price approximately every three years, which might be influenced by a plethora of factors including but not limited to halving events, technological advancements, regulatory updates, and broader macroeconomic factors. However, despite these apparent patterns, the world of cryptocurrencies is teeming with uncertainty. Social media platforms are filled with posts from traders and enthusiasts who are undecided and, at times, overwhelmed by the erratic nature of this space. My aim is to bring some clarity to this chaos, to illuminate the inherent order hiding within. Remember, while these patterns can provide guidance, they are not foolproof predictors of future movements. Cryptocurrencies, especially Bitcoin, are highly volatile and influenced by a multitude of external factors. Always conduct thorough research before making any investment decisions, and consider seeking advice from financial advisors. In the end, whether it's the Fibonacci pivot points or the Japanese 3-Year Cycle, one thing's clear - Bitcoin never ceases to fascinate us with its intricate dance. Let's continue observing, learning, and most importantly, navigating these markets with wisdom and patience.
BITSTAMP:BTCUSDLong
by MaximusGains
4
UPDATE:EUR/USD Eyes Major Upside Pending Key Resistance BreakHello, FX:EURUSD is experiencing continued upward momentum following the election, with a significant upside anticipated. The profit target is set between 1.109412 and 1.098881. First, confirmation from the 1-week/1-day pivot points is necessary. Once achieved, a cross and hold above the 1-day strong resistance at 1.061738 will solidify this scenario. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344
by TradeWithTheTrend3344
Gold is in the Bearish DirectionHello Traders In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET today Gold analysis 👆 🟢This Chart includes_ (GOLD market update) 🟢What is The Next Opportunity on GOLD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
OANDA:XAUUSDLong
by ForexMasters2000
1
XAUUSD - which way will gold go after CPI!?Gold is below the EMA200 and EMA50 in the 4H timeframe. In case of upward correction due to today's economic data, we can see supply zones and sell within those zones with appropriate risk reward. The continuation of the downward movement of gold has led to the visibility of the demand zone and it is possible to look for buying positions. UBS analysts are optimistic about a possible rate cut by the Federal Reserve despite inflation concerns. Recent inflation data has not been enough to change UBS's view on further rate cuts by the FOMC. UBS refers to the following points: • Economic data indicates a stronger than expected economy. • Concerns about inflation remain. • The expectations of the market are moving towards the reduction of the interest rate by the Federal Reserve. • Federal Reserve officials see the current rate as restrictive but are trying to balance employment and inflation goals. • A major inflationary shock is needed to change the policy landscape. The consensus seems to be that once Trump takes office, he will increase pressure on the Federal Reserve to cut interest rates to boost growth and deliver on his economic promises. This was indeed the context for the questions asked of Federal Reserve Chairman Jerome Powell last week. He was asked if he would resign if pressured by the Trump administration. Powell stated that he will not resign and that the president does not have such authority. This assumption partly goes back to the first term of Trump's presidency, when he repeatedly called for easing policies of the Federal Reserve and sometimes criticized Powell. But the difference between today and 2018 and 2019 is that inflation was much lower at that time. Most importantly, voters showed their anger at the high cost of living by ousting Democrats from the White House and the Senate. NBC exit polls in 10 key states found that three-quarters of voters rated inflation as a moderate or severe problem in the past year, and more supported Trump. "It makes more sense for Trump 2.0 to bear some of the economic slack (and blame it on Biden and Harris) to curb inflation," Stephen Jenn, CEO of Eurizon SLJ Capital, wrote in a note. "I don't agree at all that Trump 2.0 risks increasing inflation." Meanwhile, China's central bank stopped buying gold for reserves for the sixth consecutive month in October, according to official data. China's gold reserves reached 72.8 million troy ounces at the end of last month. However, the value of gold reserves rose to $199.06 billion from $191.47 billion at the end of September. The World Gold Council's report predicts that gold purchases by global central banks, which increased in 2022 and 2023, will decline in 2024, although they will remain above pre-2022 levels. This issue is partly due to the suspension of 18-month purchases of the People's Bank of China since May.
FOREXCOM:XAUUSDLong
by Ali_PSND
SMLR: Big Moves into 2025Please do your own research as this is my personal opinion. This is a way for me to hold myself accountable for long term trades. - I have accumulated about 1,000 shares of SMLR in my Individual & 100 in my Roth IRA @ about $30 per share Here are the reasons I believe this will 4x over the next few years: - No LT Debt, allowing it to borrow and execute a MSTR like approach to its BTC treasury - Cash Flow and Earnings positive with good device pipeline - Already filled the gap from the initial news for BTC Treasury at $21 and has bounced nice since filling it. - If you see from ichimoku cloud analysis, the tenkan has flipped the kijun line earlier this year on the monthly and has stayed there for quite some time. I believe the next quarter is critical as it begins to make its way into the cloud. If it gets in there and can pass through it, my bull case run is north of $120. - Volume Analysis: If it gets above that Critical Level of $33, it could find itself flying north of $40 in a short period of time. If it executes it's BTC strategy and issues convertible debt for additional purchases in BTC (Up to $150 Million is estimated), here are my price targets: - Base Case $75 - Bull Case $150 - Bear Case $35 I believe there is much more upside from here. Happy trades. Not Financial Adive, DYOR
NASDAQ:SMLRLong
by ngmartin02