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Fractal

Bitcoin Bull Run Continues?My expectations from the previous post have materialized, and the price of Bitcoin has dropped again into the price imbalance zone below 53,500. My expectations for Bitcoin's price next week are as follows: due to negative economic news, the stock market will likely continue to decline for several more days starting on Monday. Since Bitcoin's price correlates with key indices like the S&P and Dow Jones, there is a high probability that Bitcoin will continue to decline, potentially reaching as low as 48,900. If we look at the Long-Term Holder Realized Profit/Loss Ratio 7D indicator, which unfortunately is not yet available publicly on the TradingView platform, based on this data, Bitcoin is currently in an accumulation phase before a major growth season. Similar patterns occurred during the 2011 and 2021 market seasons.
Long
by GarateTradeCrypto
7-Sep-24Yesterday's forecast has been accurate so far, but I now think we are likely to seek liquidity with a lower low before the bull run starts. I expect an "honest" bottoming head and shoulders, which indicates confidence returning, which will accumulate stop losses at the lower low - which then become the target for a liquidity hunt. I expect the lower low to be short lived, before we bounce to the original target of the H&S. Longer term view: Shoutout to @MyCryptoParadise_Nathan for starting me down this line of thinking. Don't worry I won't blame you if it doesn't work!
BITMEX:BTCUSD.P
by ThousandDollarBitcoin
Bitcoin would go sideway until the end of this yearThis is a fractal I found that shows similar price action to the current 6-month consolidation of Bitcoin. Note that the chart below is at a 3-day interval for each candle, representing the bear market price action in 2014-2015. This fractal suggests that the current correction has found a bottom at 50k and will likely move sideways from now until the end of 2024. The good news is that 2025 could be a great year for Bitcoin. Time to DCA in!
BITSTAMP:BTCUSD
by System_T
AUDCAD Outlook💹 Forex: 📉 Bearish Outlook: AUDCAD has been breaking into new lows on our 5hr, 30m and 5m time frame. Context time frame (5hr): Price has been surfing below the 10ema and is showing strength. Context time frame (5hr): Price has brokeup and made a valid pullback into the 10ema and has showed a valid pullback. Validation time frame (30m): Price is showing strength and surfing below the 10/50/200 EMAs. Validation time frame (1D): Price has brokeup into the 10ema/50ema and has showed a valid pullback. Entry time frame (5m): Price has brokedown below the 10ema/50ema and has showed strength. Entry time frame (5m): I am interested in price if we can re-distribute by coming back to the 10/50ema and then get our entry setup. Keeping an eye on this. 👁️
Short
by angelvalentinx
SHIB USDT - FRACTAL Shows Bullish Impulse NextMany altcoins are currently in Accumulation Phase and/or approaching great buy zones. This is the part of the cycle where there seems to be very little action, and the price moves in a range and sideways. It's safe to say that we can expect sideways/range trading until BTC moves the market. In a previous update, I mentioned how it is crucial to watch not only BTC, but BTC.D and the TOTAL3 market for the next move: The good news, is that this makes for an excellent time to BUY back into any market. The lowest risk option here would require some patience though, because the accumulation cycle often lasts month. Luckily - we are already a month in of mostly range trading. Here's a look at another altcoin that's possible worth buying - RNDR, which is now approaching a great zone to buy-back : __________________________________ BINANCE:SHIBUSDT
Long
by CryptoCheck-
1
DOGS LEVELSFrom a technical analyst's perspective, the chart for DOGE/USDT shows a clear downward trend moving within a descending channel 📉. Let’s break down the key elements: 1. Descending Channel: The price is moving within a well-defined descending channel, indicated by the black and red lines. This suggests continuous selling pressure and lower highs and lows. 📉 2. Support and Resistance Zones: - Green Zones: These represent resistance levels, where the price may face selling pressure and could potentially drop. 💥 - Red Zones: These indicate support levels, where buyers might step in, and the price could bounce upwards. 🛡️ 3. Current Price: The current price, around 0.0010409, appears to have recently bounced off the lower boundary of the channel, indicating a short-term upward move. 📈 4. Extended Channel: This note suggests that the descending channel may continue to influence price action, with the possibility of further downward movement unless a breakout occurs. If the price breaks out either upward or downward, it could signal a trend reversal. 🔄 📊 In summary, the chart reflects a strong bearish trend, but there is potential for short-term corrections as the price interacts with the support or resistance zones. Traders typically watch for channel breakouts to confirm a continuation or reversal. ⛔📉 💡 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets." 🚀Please boost and💬 comment to share your thoughts with us!
by ahmadarz