Fractals are not only abundant in nature, they are also the building blocks of trends. They are simple yet important, repetitive formations, self-similar across different time frames and used by traders to identify or conform a trend (markets trend about 30% of the time) in order to trade it profitably. When broken apart, they exhibit the same characteristics as greater patterns or price movements. Fractals lag the market, because it takes time for them to form. They can include any number of bars, though the minimum is 5.
Fractals form the swing points of the market (creating fractal levels) and bearish fractals and bullish fractals are distinct. There are several trading strategies based on them, each with their own set of rules for entry and exit. Some traders use them to draw trend lines. Bill Williams uses fractals in his trading system and developed an indicator to identify them. Whether they are used alone or in combination with other techniques such as Fibonacci levels, Support & Resistance, or other indicators, fractals can be useful tools in a technical trader's toolbox.
What's coin on guys?
Here is an update to my previous fractal analysis. I think I see same behavior in this sideways movement as I saw in previous marked with blue circles. If I'm right this time as well, BTC may found short term bottom soon, somewhere in yellow circle area. But be carefull, this drop may be only a fractal of a big drop that is coming. One could ...
Last time we had a move like this was almost 1 year ago in February 2018 right after the Super Blood Moon Eclipse on January 31st, that is the fractal that is being copied here from the period 2018-01-02 - 2018-02-07 and the move started right after the Super Blood Moon.
We now have the new eclipse on 2019-01-21 and the markets are expected to move down like last ...
In the beginning of the financial crisis in 2008, the S&P500 broke down below the MA 200 and fell -20.3% from the top to bottom in Mars 17th '08 before printing a rising wedge formation. The rising wedge took off and in conjunction with crossing the MA 200, price was quickly rejected and fell -54%. Today, after another long bull market, the S&P500 has once again ...
Another example of the Pulse of an Asset.
There was in Impulse that created Ripples.
The Ripples reflect Price like light on water.
9.236 and 9.618 are common Wave endings.
x.236 and x.618 Lines create Ribbons of energy.
6.236 likely to be the next Reflection event.
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Ordered Chaos
every Move is born from Impulse, like a Pebble into Water.
every Pebble ...
Found an interesting *potential* fractal. This is not a perfect fractal, it's actually far from it, but price action is close (0.73% off) and duration is significant in both formations.
Please don't trade based on this, at this moment the dollar does seem bullish. A bearish confirmation would be crossing below the last line of support.
Hi All! First of all, make sure to like this chart and hit follow to get daily to weekly updates.
Ethereum found support at $117, a little above our preferred buy area at $115-111 (61.8% Fib). It is bullish as it is consolidating in sideways within the tight range of $111-130 until the blood moon on January 21st. The blood moon's bearish effect can last a week or ...
I beleive that the bearish momentum has now been exhausted, and a bullish reversal is likely because the macro level analysis of STRAT BTC shows a clear parabolic, bullish move, followed by a consolidation trend, down to the 0.0002 satoshi level. The 0.0002 satoshi level would be my ideal entry point, however on the smaller time resolutions there are also some ...
BTC has a history of hard drops into bear flags. Inside of the current flag, I am seeing some fractals form quite beautifully.
These fractals are shrinking commensurate with the upper and lower bounds of the flag, so it appears that our time is winding down until we see a big move.
I think we will see bottom of BTC Q1 this year, so anytime between now and ...
What's coin on guys?
As you can see this fractal is almost at its end. If market decides to finish this fractal, we should expect one more push up very soon.
If fractal fail, we should expect another leg down, and maybe even retest of previous bottom around 3200.
In both cases I have marked some fib targets where the price should go in a short term.
My ...
This chart makes me sad, but i just had to post it so i can tell myself i told you so when it plays out.
It just makes sense, maybe the timing is different though, shorter bearmarket and faster bullrun.
Lets see...
This is the synthesis of my previous publications!
Here are all the common points between:
- the Ultimate Dip of January 14, 2015 ($ 160)
- and the last known Dip of December 15, 2018 ($ 3200)
-85% retracement from ATH $ 1175>160, same as $ 19930>3200
-45% retracement since the previous ATL $ 250>160, same $ 5775>3200
455 days since takeoff at $ 160>160, same as ...
Like and follow to receive details analysis and updates for the next few months:
The aim of this Monthly chart is to mainly track the timing of the end of the Bear Market expected around May-June 2019 and the start of a new multiyear uptrend through the next Megabull. Preferably, Bitcoin remains within the old bull channel as the blue projection fractal shows. ...
Like and follow to receive details analysis and updates until the Litecoin Halving!
The aim of this 1D Timeframe LTCUSDT chart is to mainly track the timing of the Litecoin LTCUSDT pair towards the Halving expected around August 2019. We are using the August 2015 halving fractal to attempt to predict the future move of the market. As of now, we observe two ...
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