Anticipating a Massive Altcoin Season: Exploring Potential Growth in Market Cap Introduction: The cryptocurrency market is abuzz with predictions of an impending altcoin season that could lead to a staggering $5 trillion Altcoin MarketCap by 2025. This forecast is grounded in historical data, fractal analysis, and chart patterns, suggesting a pattern reminiscent...
Hello Guys, This pair has been on my radar for a long time now. Let's break down this pair. On the monthly timeframe, a bearish CHOCH was formed and if you use your fib to measure the retracement, you will notice that the price has retraced more than the equilibrium price, meaning that GBPNZD is in a premium zone. This doesn't mean it would be wise to short the...
THIS CHART IS BASED ON HISTORICAL DATA In the first cycle, after the ATL, CRYPTOCAP:BTC took 532 days to break above it’s previous ATH. In the second cycle, it’s taken 546 days to break above its previous ATH. If history repeats itself, we could see a new ATH around 385 days from today, possibly by December 2024. ROADMAP FOR BITCOIN HEALING First...
"Hello everyone, I hope you are all doing well. Without further delay, let's proceed to the chart." "The Bitcoin halving is a significant event in the cryptocurrency market, happening approximately every four years. It involves cutting the block reward for miners in half, reducing the new BTC supply by 50%. The next halving is expected in early 2024, occurring...
(First, let's have a look at the shorter time frame) Bitcoin (BTC) is currently operating within a bullish channel and has recently experienced a bounce off the support provided by the ascending trendline and the 100-day moving average (MA). The cryptocurrency is presently trading within the Ichimoku cloud, accompanied by the Relative Strength Index (RSI)...
Hello Traders, I trust you are doing great and getting reading for the new trading week. Here is my view on Silver. To begin with, I will draw your attention to the monthly chart. Based on where I plotted my monthly OB, go and look at your monthly chart. Price mitigated the manipulation. Hence the rally. If you measure that bullish candle that price mitigated...
In the higher timeframe, Bitcoin (BTC) is currently encountering two significant resistance levels that it must surpass for a more bullish movement to materialize. Why is it so strong? it's a 446-day resistance In the daily time frame "After each significant or sudden movement, Bitcoin has exhibited a tendency to consolidate sideways." here we can see a...
Hello Guys, I do hope the trading week has been fair to you. Now the breakdown of this pair. Let's start from the weekly, we have a bullish CHOCH on the weekly timeframe. Dropping to the daily timeframe, you will notice that we have buy-side liquidity (relatively equal highs) to hunt and the actual demand orderblock is below a swing low. (see annotations) You...
Hello Guy, It's another trading week and I want to share my view on AUDCHF with you. Legggoooo!!! If you take a look at the monthly timeframe, you will notice that price just reacted from a monthly orderblock. If you drop down to the weekly timeframe, you will notice that price had created a bearish CHOCH and has retraced to the weekly supply OB from which we...
Hey Guys, A quick one. On the weekly chart, we have a bearish CHOCH and price has retraced into the weekly supply orderblock. My speculation is that price will likely continue the bearish move from there. Follow for more updates like this. Cheers, Jabari
Hello Guys, Let me leave you with a quick one. Notice how price cleared the buy-side liquidity... and it seems like price might form an inverse head and shoulders pattern if the bearish move occurs. Follow for more updates like this. Cheers, Jabari
Hello Guys, I would just point out briefly why I will take this trade if my setup appears despite it being risky and I will also share why I think it is risky. Why is it RISKY? If you go on the weekly chart, you will notice there was a W pattern and price retraced and printed the continuation of the W pattern which should likely make us reach for higher prices....
Hello Guys, This pair is currently trading towards a weekly order block and we have a strong bullish rally into this zone. Price is likely to retrace from this level. The above narrative was simple yea. Follow for more updates like this. Cheers, Jabari
Hello Guys, I'd keep it simple. Price is trading into a weekly order block that hasn't been mitigated. Once the price hits this level I'd be watching to see if this level will hold to go long. Follow for more updates. Cheers, Jabari
Hello Guys, On this pair, price just traded into a monthly orderblock (see your monthly timeframe) and formed a CHOCH on the daily chart. If and when price will trade to the daily order block, I will be looking for my trade setup on the 1-hour chart to go long. The target will be the daily FVG that is unmitigated. Below are correlated pairs for your...
Hello Guys, The price just cleared a 3-month low and formed a CHOCH on the daily timeframe. If we get a retracement, I speculate that price will go to hunt the weekly buy-side liquidity. Follow for more updates. Cheers, Jabari
Hello Traders, We have a situation whereby there are multiple confluences for this bullish move. To start with, on the monthly chart, we can see that price is retracing while forming an 'M' pattern which will complete at the monthly demand orderblock which is a 'W' pattern. This simply means that we should expect bullish price movement. On the weekly chart, we...
Hey Guys, Longtime since I made a post. Been busy with personal stuff. I do hope trading has been profitable for you. Now, what you will notice on the weekly timeframe is a bearish CHOCH and price on the daily timeframe is approaching the weekly supply orderblock while creating a 'W' pattern. Once price trades into the supply orderblock, I will be interested to...