Bitcoin - Potential Pattern Bitcoin - Potential Pattern
The only monthly candle that I could find that has wicks as long & a body as small. Six years ago in Jan 2017 before an epic run from $900 to $20,000 CRYPTOCAP:BTC
Not a prediction.
More probable short term scenario is down as outlined on the chart. Just interesting the similarity. Having a position is as important as having taken some profit at this stage of the cycle. I remain in a long spot position regardless of likely pullback.
PUKA
Crytpocurrency
QNT USDT LONG SWING| QNTUSDT | LONG @ 98 - 102 | TP @ 103, 104, 105, 106, 107 | SL @ 90 | PATTERN = 200 EMA RETEST | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames.
BINANCE:QNTUSDT BINANCE:QNTUSDT.P BINGX:QNTUSDT.PS GEMINI:QNTUSD BINANCE:QNTUSD BINANCE:QNTBUSD BYBIT:QNTUSDT BYBIT:QNTUSDT.P BITGET:QNTUSDT COINBASE:QNTUSD
GAL USDT LONG SWING| GALUSDT | LONG @ 1.5 - 1.6 | TP @ 1.7, 1.75, 1.8, 1.85, 1.9 | SL @ 1.3 | PATTERN = DESCENDING TRIANGLE BREAKOUT | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:GALUSDT BINANCE:GALUSDT.P COINBASE:GALUSD OKX:GALUSDT GEMINI:GALUSD BYBIT:GALUSDT KUCOIN:GALUSDT
Chainlink The Moment Of Cryptographic Truth (re-upload)It is now the most important time in this whole fractal; it's been over 381 days, and Chainlink continues to mirror its past. Link is now in a Pennant pattern, which is a bullish pattern.
The question everyone is asking is, is it over? Has it stopped mirroring? The answer to that is no; it has not stopped mirroring as of this moment.
As you can see, even throughout this segment of the fractal, it's been a pretty close 1:1; even this deep pullback is very similar.
It's extremely important that Chainlink now holds this higher lower structure for the fractal to play out its final move. Sometime in the next 24 hours, the price will reverse if the fractal is to play out.
As I have documented in this large series of TAs, Chainlink is moving around 50% less than the last cycle.
Even this move up from the start of this wave was about 50% less than last cycle. So if we measure from this point in time, 100% gets $26, which is one of many reasons my new target for this final wave is much lower than I expected. But as new information comes in, we change targets.
We have a lot happening around that number.
The 2/1 Gann Fan around the timeframe I set hits $27.
We also have three Fib levels around that area:
- 4.236 Accumulation level Fib - $24.4
- 4.236 Pennant level Fib - $28.9
- 0.5 Marco Level FIB - $28.6
So why the timeframe? Why December 15th to 25th?
The first date is straightforward; it's when the fractal pattern tops out. So by December 11th, the price should be back at $16.5 if the timing of this is going to play out the same.
The second date I set is December 25th. The reason why I chose that date is that the final wave in LINK's movement normally takes 14 days from the break of the range. If the fractal continues and it does breakout on December 11th, it's possible that the top would, in fact, be in 14 days from the range break, which would be December 25th.
As long as Chainlink does not break this Pennant structure, everything is still under control. If the Chainlink closes under this support and creates a lower low, everything goes out the window pretty fast.
It's the most important moment!
Re-upload guys , TA was taken down under house rules , my bad.
HOT Future RoadmapHOTUSDT Weekly Chart-
These are just my thoughts on areas of significance. I feel like we're still in an accumulation zone. If bullish sentiment continues, I think we exit this area soon.
Maybe dips on New Weekly candle (Monday), will provide acc area for next leg up, if/when momentum continues.
Key areas of resistance: (Areas to take profit, areas that will provide potential pullbacks for safer entries)
Market is in GREED mode right now so best to be waiting and watching for opportunities to present themselves.
My goal is to share my knowledge to help regular folks like myself trade safer, and transition into the 10% of Market winners.
Thanks for your time! Please like and follow me here for more crypto analysis.
**Not financial advice, just my 2 cents.
BTC/USD Low Time Frame In BTC/USD, a confluence of factors, including market structure, Fibonacci levels, RSI divergence, and price action, is providing compelling bearish signals.
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A small dip in ETHEREUM and the a rally towards 3000!!The crypto is seen making impulse waves from June 2022 and has completed a structure of 1-2-I-II till now, meaning it completed the wave II of 3 and started off in the wave III of 3.
The recent oct 2023 rally is the first leg to the bigger III wave that is forming.
It would be a wise to wait for a meaningful retracement to this oct wave for a good entry. The 50% retracement of wave i of wave III of wave 3(i.e. current oct rally) is at 1687 and 61.8% retracement is at 1646. The B wave dip can take the crypto to these levels and that should be considered a good entry to go long towards 3K mark.
Note*- this post is for educational purpose only
SOL at key level - will it keep goingWe've just taken out a key 4H price level on a Friday.
Interesting to see if the New York trading session will keep their foot on the gas and drive bids higher towards a key Weekly level higher.
Two potential roadmaps for SOL - both are Bull Bias. And loss of key structures would cause me to consider further downside and what that would look like.
Personally I can see some sideways action and some accumulation between now and Monday. We might see some other altcoins do some business now, SOL has been quite good at leading the market as of late.
DXY I Still have the DXY in the expanded Flat with a top in at $107 which happens to be the fib retracement 50% level of the 5 down wave A.
I expect the momentum indicators to begin to slowly roll over. RSI, Stochastic RSI , OBV , MACD should all confirm the last leg of the down trend wave C which I expect to finish around $94.
At $94 the DXY should complete a very HTF wave 4 and then kick off what is shaping up to be one ugly recession. W5 targets for DXY run over $130 and I don't think much will survive this risk off trade set up.
This is likely what many analysts are referring to as the "Blow off Top" to which I find myself reluctantly agreeing with since all my charts keep leading me down this rabbit hole. ;)
RISK ON FOR ALL ASSETS - ETH/USDSuper bullish on COINBASE:ETHUSD and just on crypto in general. Risk on across all assets is a fact.
As we transition into October, COINBASE:ETHUSD , currently positioned at around $1650, showcases promising bullish indicators worthy of a rigorous analysis. Here's a distilled examination of the upcoming trend, devoid of retail trade sentimentality:
Support Level Robustness: The $1600 mark has consistently served as a solid support level, demonstrating resilience amidst various macroeconomic factors.
Network Upgrades: Imminent upgrades are anticipated to address scalability and security concerns, potentially enhancing Ethereum's market position.
NFT Market Chaos: The continuous growth of the NFT market on Ethereum's platform highlights a lucrative asset class, expected to positively impact its market cap. Are NFTs dead? That's a stupid question
Technical Indicators: An oversold RSI and a bullish MACD crossover signal potential for a price upswing.
Strategic Positioning:
Long Position Entry: at the price of posting Dollar Cost Average as much as possible
Profit Targets: $1850, followed by $2000.
Profit Targets Long Term: $6600, followed by $8000.
Stop Loss: Positioned below the $1600 support level.
Long-term, Ethereum's trajectory aligns well into 2024, with cautionary notes around the broader cryptocurrency landscape as Bitcoin approaches the 88K mark.
$CRV bearsA new broke yesterday about LSE:CRV being hacked. and about $80 million drained.
that was the bearish trigger that broke the camels back. (Fundmentals). except a new broke to nullify the hack rumor, the price will still continue a down tren
On the technical point of view, thing are looking bearish as well looking at the CSTP trading tool.
My expected projection is shown in the the chat. CRV will only flip bullish if the price closes above the yellow line.
the current bullish move he currently have is a justa mere correct, hence the candle still being white. if the candle stick turns blue then i can consider being bullish.
Don't forget to trade smartly
Peace.
Multi huge pump OSL:MULTI huge pump is coming ⌛🚀
Always area we selected multi can bounce huge so waiting for bounce
MATIC Lower time frame predictionClear movement of matic on the uptrend after short short move to it target
ADA USDT LONG SWING | ADAUSDT | LONG @ 0.36 - 0.38 | TP @ 0.39, 0.4, 0.41, 0.42, 0.43 | SL @ 0.33 | PATTERN = BULLISH MACD CROSSOVER | BINANCE |
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
BINANCE:ADAUSDT BYBIT:ADAUSDT.P BINANCE:ADAPERP COINBASE:ADAUSD BINANCE:ADAUSD BINANCE:ADAUSDTPERP