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Fractal

Seasonal trend in the growth of coffee pricesLet's talk about coffee because coffee lovers understand how important it is in daily life. In the business world, it's widely recognized that no meeting or deal is complete without at least one cup of coffee (or even more). ☕️ Now, let's focus on coffee futures. 📰 Technical analysis presents an interesting perspective for potential growth. The price is approaching a significant support level around $1.4 and is once again starting to rise. ☄️ During this uptrend, it successfully breaches key resistance levels in the vicinity of $1.5, creating a "repositioning" pattern for those considering buying. It seems like coffee season has arrived! ☀️ Right now, we're interested in the unclosed bullish gap at the level of $1.662-$1.6485. On the daily chart, there's an attempt to test the previous month's highest price, which is crucial for further growth. The scenario of closing the gap may come into play if the price falls to the order block levels within $1.6-$1.44, from which long-term purchases can be considered until the highest price is reached above the $2.0-$2.6 level. If a pullback occurs to the 1.2-1.3 zone, it may present an opportunity for buying with the potential for a 2-3 rise. In such a case, there's a high probability of subsequent upward movement after the pullback. ☕️ If you're interested in coffee and commodities futures analysis, feel free to hit the 🔥 button, and we can continue the discussion. ☕️📈
VANTAGE:COFFEELong
by Zk24
Dow Jones / SPX / etc... possible blow off top ending This is just an idea currently and im not sold on it but it is interesting enough for me to post it and keep an eye on it. For reference my over all current market view has been for last few months that the markets go super parabolic for blow off top and then well bear market for a hot minute or quick but harsh harsh drop. That would be due to if the economy is truly as bad as people make it out to be and its not just them flapping their gums. I see how economy can be bad but I also see some progress being made. I also would think that the assumption of things going back to what they were in the sense of econ is severely misguided because as if any time and any economy has restored to a prior state exactly whether it was good or bad. Anyway I digress, Minimize any of the indicators. I dont typically use the indicators a lot besides bbwp and vrvp. Everything else is just time to time to see if I spot any patterns within them. the fractal was taken for lol 2008 on the daily time frame if I remember correctly and yeah. The direct counter to this fractal would be the other post I made months and months ago on the SPX I believe it was, It was a longer term fractal taken from the 2008-9 bottom of the stock market and run up that I though we were resembling when SPX was forming its bottom in 22-23 but thats not where I started the fractal. I started the fractal from the C-19 drop and I felt that it was suiting and a fair comparison. One of the main reason I thought it was a fair comparison was also in reference to another post I made on here that is looking at the vix and I made the comparison of the vix back in 2008 and in 2020 with the v-shape recovery from C-19.( This will be easier to understand and the other post references if you go through my page and look . I dont have that many post so it would be relatively easy to find. Again im not sold on this yet and just posting it to make sure I remember to keep an eye on it. SP:SPX TVC:DJI TVC:VIX NASDAQ:QQQ
TVC:DJI
by mevlinsmoves
TOTAL2 update; ends sooner than you thinkTOTAL2 update; ends sooner than you think now some months have passed we can see reasonably clearly where we are at since the last analysis right at the start of the macro move up. obviously black swan etc can ruin this or it just does it differently this time. prob not though tbh and if there is a black swan id bet its around those dates. the events tend to fit the chart for some odd reason not the other way around. leaning towards the early version. im seeing mid april on a lot of other fractals. basically double tops or just slightly higher last highs then splat. or it just keeps marching up and up and we all get raris and citadels. im good with either. lfg gl
CRYPTOCAP:TOTAL2Long
by Crypto-Quantum-Fox
3
NIO SHORT to $5.70, then $4.0 NIO - Chinese automaker Fundamental According to carnewschina.com in Q1 2023 year NIO sold 31,041 EVs - 2.46% only. "Nio is currently having difficult times in China. Because of the price war, its sales declined, resulting in a noticeable revenue decrease. So, Nio was forced to also join the price war by cutting the cost of every model by 30,000 yuan (4,200 USD). They are obviously in need of keeping the customers’ demand high. The newly launched ET5 Touring can help them for a short period. But station wagons don’t sell hot in China. So, Nio has to push its international deliveries to start as soon as possible." read NIO to hit the Europe soon. - I can't believe it. European market is not empty. Volkswagen, BMW, Tesla, Toyota, Honda, Hyundai and many others sell a lot right now. Top EU Electric Cars I watched a lot of presentations, reviews. Nio EV's are really good. But the prices.. Y/Y Gross Margin % 7.73 Operating Margin % -37.06 Net Margin % -35.01 Income -2463.40M Sales 7.03B Cash is melting, debt is growing. Technical NIO's chart goes down in the channel. Just now price is - near the top level of downtrend channel - Resistance $10.5 - RSI 23 is 63% (bounced from 70%). Always when RSI is on this level the price falls 30% min. - next strong support level is $5.70 Conclusion NIO chart is going down in the channel. Buy for $5.70, then $4.0 and keep for 2-3 years.
NYSE:NIOShort
by AndreyVasylyuk
7
BTCUSD: Same Setup is Happening Over and Over Again!When it comes to trading in the crypto industry, focusing on technical and statistical analysis can be key to make decisions before getting your entry. By relying on the what's being shown to you on charts rather than speculation, you can identify recurring models and setups in the market. Consistently sticking to your trading strategy can easily help you filter out the noise of Fear, Uncertainty, and Doubt (FUD), especially in volatile markets like crypto where emotions can run high. Let's have a quick outlook of the potential next move of BTC in the coming days on 12H timeframe. 12H:
COINBASE:BTCUSDLong
by Fractalyst
US30Y: A Deep Dive into US30Y Bond Swing-Trade OpportunityThe US30Y bond is a type of loan that the United States government takes from investors. It's called a "30-year bond" because it takes 30 years for the government to pay back the loan in full. When you buy a US30Y bond, you're essentially lending money to the government, and in return, they promise to pay you back the amount you lent, plus interest, over the 30-year period. People trade US30Y bonds because they can buy and sell them before they mature. This means you can potentially make money by selling the bond for more than you paid for it if its value goes up, or you might sell it for less if its value goes down. The value of the bond can change based on factors like interest rates, inflation, and economic conditions. Most investors often see US30Y bonds as a safer investment compared to stocks because they're backed by the government. However, they still carry risks, such as changes in interest rates or inflation levels. So, people who trade US30Y bonds need to carefully consider these factors before making investment decisions. Now let's get into the detailed analysis of this bond 12M: 6M: 3M: 1M: 1D:
TVC:US30YLong
by Fractalyst
VEDL Perfect breakout set up?VEDL has crossed the resistance with a strong candle and this move is supported by volume as well. It might move to target marked in some time. Stochastic has changed its direction, and started moving up. It can also be an added confirmation of a positional buying setup/ investment. Simple charts, so that, everyone can understand. I'll be posting more such ideas like this. Until that, like share and follow :) Thanks, Wayfarer. keep learning and keep earning. Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions.
NSE:VEDLLong
by wayfarerTrades
CHMB/USDT Gears Up for a Potential Bullish Breakthrough (500 X )BACKGROUND Chumbi Valley is a charming role-playing game (RPG) that incorporates play-to-earn mechanics, set in a blockchain-based ecosystem. This enchanting game draws inspiration from iconic titles such as Pokemon and Studio Ghibli works, bringing players into a world of NFT creatures known as Chumbi. These creatures are central to the gameplay, as players can breed, collect, and battle with them to earn crypto rewards. The game operates on both the Binance Smart Chain and Polygon networks, allowing for fast transactions and minimal fees, which enhances the gaming experience. Chumbi Valley plans to expand its accessibility by launching app-based versions for various platforms including PC, Mac, Android, and iOS. In Chumbi Valley, each player begins with a free "Ancestor Chumbi," a character that assists in learning the game's basics but cannot be traded or sold. Players can improve their Chumbis by engaging in battles, leveling up, and acquiring tokenized items. The Chumbi Token (CHMB) acts as the primary in-game currency, facilitating key transactions such as acquiring new Chumbi, obtaining land plots, and trading in the marketplace. Players are incentivized to hold CHMB tokens, as this can naturally lead to price growth beneficial to both the players and the ecosystem. An interesting aspect of the game's economy is the secondary token, Lucky Stars Token (LSTS), which has an unlimited supply but maintains value through various burning mechanisms in the game. Chumbi Valley also offers a staking opportunity in the Shrine of Giving, where players can lock CHMB tokens to receive staking rewards, thereby reducing the circulation and potentially increasing the token's value. The marketplace within the game allows for the trading of characters, items, and other resources, adding to the game's interactive and economic dynamics. This game aims to offer a rich, immersive experience by combining the allure of RPG adventures with the advantages of blockchain technology, creating a platform where gaming can yield tangible rewards​ (PlayToEarn)​​ (Asia Crypto Today)​. ANALYSIS Imagine you're watching a tug-of-war match where the sellers (bears) are on one side and the buyers (bulls) on the other. For a long time, the bears were winning, pulling the price down. But now, it looks like the bulls are gathering strength and the match is becoming more balanced. That’s what we’re seeing on the chart for this asset. Here are the reasons to believe the bulls might start winning soon: Tired but Not Defeated: The candles (those rectangles and lines on the chart) that used to be like big waterfalls are now more like gentle waves. This could mean the bears' strength is waning. Cheer Signals: We have a signal on the chart, like a referee's whistle, called the moving average crossover. Recently, the faster line (the bulls) crossed over the slower line (the bears), which could be a good sign for the bulls. More Fans in the Stadium: The trading volume, which is like the number of fans cheering, has increased. This could mean more people are interested in buying CHMB. Checking the Thermometer: The Stoch RSI, a thermometer that tells us if the asset is too "hot" or "cold," is showing that CHMB is at a comfortable temperature. This means there might be room for the price to rise without overheating. The Wall: The price has found a solid floor, which is like a wall protecting against further falls. This area is known as support. Dreaming High: There's a curving line that goes up on the chart, looking like a rainbow. It's a hope that the price could climb quite high. But be careful, this is more hope than a certainty. So, what does all this mean? Well, it's as if the bulls are gearing up for a big turnaround in the game. But remember, the crypto tug-of-war is famous for being unpredictable and thrilling, so even though it looks like the bulls may win, things can change rapidly. Therefore, it’s important not to bet everything on one team and to be prepared for any twist in the game.
Long
by uncle_ido
1
Bitcoin bearish fractal July 2019I found another bearish fractal for Bitcoin that occurred in July 2019, suggesting it may start another leg down from here until the halving. I feel the bounce of Bitcoin over the last few days has been too fast, although its volatility remains high, with around a 6% daily fluctuation. The difference with the similar bearish fractal found in November 2021 below is that it will not go above FWB:73K to hunt the stop loss but instead start going down from here. Let's see if the next two days it will close red below SWB:69K again. I will keep you posted!
BITSTAMP:BTCUSDShort
by System_T
3
BTCUSD: Why Bitcoin Remains Bullish and Its Next Potential MoveBitcoin is still maintaining a bullish trend on an hourly basis, showing us ongoing bullish sentiment in the short term. There's an anticipation for the price to reach the 8-hour liquidity level, suggesting potential upward momentum in the coming days. Otherwise, if the price fails to sustain its bullish momentum and instead closes below the 8H invalidation level, it would signal a shift in market trend from the hourly standpoint. (short-term) Until then the only valid zones remaining valid for potential long entries are going to be the X1/8H and X1/3D. 8H: 3D:
COINBASE:BTCUSDLong
by Fractalyst