BIGTIME FIB levelBIGTIME UPDATE: BIGTIME literally did pump over 45% from bottom yesterday but looking at the chart with 1hr TF I can see BIGTIME is extended and we need to let it cool off before we can take a entry as there is unmitigated bullish OB below around 0.31 but which FIB retracement tools I can see 0.36 is a perfect place to FOMO as the 0.618 FIB
Watch the price carefully around 0.36 which is 0.618 FIB level, if we see good price reaction there we can take entry and long to daily Higher high
Be careful and watch carefull
Follow for more market update and trade setup
Fib
Bitcoin on the Cusp of a new Bull MarketThis new BTC cycle continues to rhyme with the previous 3 cycles almost perfectly.
everyone said this cycle would be different but I am just seeing more of the same...
In trading we should expect the same until proven otherwise, its like the trader continuing to attempt a break out trade while the market is moving sideways in a range, it might reject 7-8 times before it finally breaks out a changes its behaviour.
So far in the reaccumulation year price has moved up to the 0.618 which is the pre-halving target, exactly the same thing happend in the last 2 cycles, and its happening again this cycle.
Now the ETF approval could change that this cycle and we could push above the 0.618 pre halving which 47k on BTC for this cycle, so we have an outlier factor in play.
We could see trading above but a throw back before the weekly and monthly closes OR a change of charater that is more bullish and potentially we see a new all time high before the halving for the first time ever... I think thats unlikely and we see a 30% throw back between the ETFs launch and the halving.
Then post halving we start to feel the increased demand from the new institutional channels, and incentives wall st brokers will be getting, plus the marketing budgets to sugget and advertise people to buy BTC ETFS... combined with the cut in supply from the halving, leads us into a new bull run.
IF we hit similar Fib targets as the last cycle that could move us up to levels around 180k at the 3.272 for a lower target, 3.618 equalling last cycles high would be 200k, and potentially an over shoot to around 230k at the 4.236 fib level.
lets see what the market brews up for us and as always we need to keep an eye on cycle timing, FED liquidity levels, whats happening with interest rates and QE/QT around the end of 2025.
Thanks for following see you in the next update.
Flow (Bullish)(4hr)We've seen a healthy pull back, some ranging around the fib, after breaking down looks like it's gonna uptrend back and reject the breakdown, rejections come with some serious price movement in the adverse direction.
The way volume is still on a healthy increase, i'm going with we'll be on our way back up shortly!
Bullish on ioi - usdtThis fib looking good on the daily
Just had a 50 & 200 ma cross recently
Ranging here around the .5 fib which is a lovely fib to see the highest response to!
BTC will pulback ASAPhello traders,
this is my idea for #BTC in short term,
look at the red shadows, those are sign of sellers power and according to big time frame (Weekly) price has been reached to the 0.5% Fib retracement, and the last week candle was red, hope to hear your thoughts in comments, hope you guys be fruitful.
BIG PLAN about BTCAlthough it is thought that we have left the bear market and entered the bull market, BTC does not yet seem to have achieved its normal correction level at the required percentage.
When we examine the LP and OTH focused fib retracement ranges based on the Rising Wedge phenomenon related to the Bear Flag formation we are in, it becomes clear that the correction has not been fully realized.
Currently, our strongest support level appears to be the 50-week simple moving average, which runs parallel with the Rising Wedge support trend.
When SMA 50 breaks, we can expect a very deep decline.
UJ: “618” Setup on “Limit” Entry (29/100)System has identified a “618” Fibonacci retracement setup and executed a sell “limit” shift entry during the pre-market ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
UJ: “618” Fib Retracement Setup on “Limit” Entry (27/100)System has identified a “618” playbook setup and executed buy “limit” market entry during the second hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
UJ: “618” fib Setup on “Limit” Entry (22/100)System has identified a “618” Fibonacci retracement setup and executed a buy “limit” entry during the second hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
UJ: “618” Setup on “Limit” Entry (19/100)System has identified a “618” Fibonacci pullback setup and a “limit” entry was executed during the second hour of the ASIA 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in ASIA and only using USD/JPY pair. The win rate and expectancy are unknown. Please do not take these trades.
BTCUSDT.P | 0.618 Fib-level holds: price up three days in a rowBTCUSDT.P is (finally) up a bit. The weekly 0.618 Fib-level has held as support and now the chart shows three green daily candles in a row. That has been a while...
Price also broke the daily (downward) trendline.
That's the positive.
But on the other hand...
Price is now facing a big FVG (Fair Value Gap). Above that the 21 weekly EMA resistance is creeping closer. The weekly (downward)trendline (dotted) also has yet to be broken.
Once BTC has broken all of these, there's a bearish order block (red) waiting at 30.000ish.
So: price is up, but where not out of the woods yet.
EQT- Going LongAfter being shorted to the N'th degree, and finally breaking out of the downwards channel EQT has been holding, EQT is seemingly consolidating here within a symmetrical triangle, as buyers continue to step in.
After breaking out of the downtrend, EQT has formed an inverse head and shoulders on the daily timeframe, along with finding support right in the FIB golden pocket, accompanied by a SMA golden cross. (See Attached Chart Below)
Will be keeping a close eye on the daily timeframe to start building a position in some synthetic longs and/or leaps. Bullish and am looking for another push upwards from here.
BTCUSDT: Weekly range still intact. OB at 24300 - 25250 holds...BTC flash crashed about 15%.
We lost the weekly EMA21.
Weekly range (HoW and LoW) is still in tact though.
0.618 Fib level at 25.879 is acting as support for now (disregarding the wick).
The OB at 24.300 to 25.250 is holding (for now).
If that breaks more downside is to be expected. Target is the 0.786 Fib at ca. 20.000.
LINKUSDT: looking for shorts8 USDT is resistance on the Daily and the Weekly.
There's a Trend-based Fib resistance around 7.85 USDT on the weekly.
The 7.85 - 8 USDT area is also a "bearish" order block/FTA (first trouble area) on the 8H.
"Bearish" order block/ FTA = last green candle before downtrend.
It's the area where price has a (relatively) strong reaction to the downside (bullish order block is vice versa).
This level also aligns with the 0.786 Fib resistance.
Let's see if price reaches these levels. Might not get higher than 7.7 USDT.
On the 8H there is a bearish order block. And 7.7 USDT is confluent with the 0.618 Fib resistance.
BTCUSDT: still on trackThe scenario for BTCUSDT I posted earlier is still in play.
BTC retraced a bit to levels of (daily) support. Around 29.500 USDT
This is near the 0.618 Fib-level (golden pocket).
The EMA50 is at 29.350 USDT at the moment.
The daily trendline to the downside (dotted) is broken. A new daily trendline to the upside might be forming.
Let's see if we continue to go up :)
BTC cant make up its mindSteadily creeping upwards for months now. BTC has hit the major level around 30k.
This resistance level is psychological (30k), it is the support we found in the summer of 2021 and it is also a .618 FIB level from the top of 2017 to 2019 bottom.
On the weekly BTC has been in an upwards trend (gray trend lines)trading above the Bullmarket support band.
There is a chance we crab more here and pop out to the upside which i believe will lead to 33k first and then 38k. Before that 27k not out of the picture. Break 26k and we see 22k.
Personally i think BTC will ultimately scoop the lower levels near 20-22k but first we need to trap more fomo longs, so move up to the 30s, trap longs, then blackswan/crash before halvening as is tradition.
NZDJPY 4HIn technical analysis, Fibonacci retracement levels indicate key areas where a stock may reverse or stall. Common ratios include 23.6%, 38.2%, and 50%, among others. Usually, these will occur between a high point and a low point for a security, designed to predict the future direction of its price movement
Market Structure + Orderblock + Fibonacci Retracement = FailedMarket Structure + Orderblock + Fibonacci Retracement = Failed
Here's why:
Trendlines, S/R Levels, Chart & Candlestick Patterns are still relevant.
Trade could have worked. It passed all the other criteria (market structure downtrend + bearish fib ret ote zone + bearish ob).
It was just a right trade at the wrong level.
Bitcoin Halving Fib EstimationHere we're dealing with fib levels derived from macro low & high price levels, specifically covering historic ATH levels.
Log scale on because we put emphasis on chart-based A/D in percentages.
Identifying critical points of fractal starting from times of eye-catching volatility and perceptible cycles.
We start with fib coverage of ATHs chronologically:
1st pair interconnected:
Added layer of 2nd pair interconnected:
Covid low - current ATH interconnectedness:
Zeroing in -77% drop:
Since we care about reducing subjectiveness in Fractal Analysis, we must place Fibonacci Channels on pin point accuracy (0;1). It is done so because of various concepts considering irrational market, uncertainty and assumption that nobody can be always right predicting market with regular TA. Since popular TA is already used among millions of traders, we definitely can't be competitive if we stick to common knowledge of standard wave counts, etc.
Fractal analysis summarizes collective market in terms of interconnectedness of the whole structure with composite short and long term cycles. Here we care about if the Golden Rule behind the waves allows for any desired move.
Since human nature and decision making even outside of trading is determined by golden rule (bench experiment, DNA, proportion of body and organs). Knowing that Fibs are pleasing proportion for a consciousness. We can use this rule against the market since we're dealing with mass consciousness. Activity of which will draw patterns in respect to those proportions anyway. So our task is to expose the levels derived from actual structure to which price has reacted throughout the history.
That way fibonacci is tuned into the chaotic nature of the market, hence-fore it is capable of determining key price levels of support and resistance without use of subjective measurements.
It doesn't yet mean this is the only tools I use for trading. This just something I consider for long-term perspective derived from historic structure. Just like in QM, we can't tell the exact location of particle, but we can tell the probability where it most likely might end up. In FA probability of levels is priced at fibs.