BTC Liquidity: Will This Time's Trend Reversal Be Real?The Liquidity Lure:
It's not uncommon for price action to accumulate liquidity near significant support levels or trendlines. Traders often place their buy orders just above these lines, hoping for a quick bounce when prices approach. 🎣
A Second Chance at Reversal:
Now, let's examine the intriguing aspect of this situation. We've seen liquidity left behind in the past, only for the market to disappoint and continue the downtrend. However, this time could be different. 🔄
The Case for Reversal:
Market Sentiment: Cryptocurrency markets are notably influenced by market sentiment. If the sentiment shifts, it can trigger a genuine change in direction. 📈📉
Fundamentals: Keep an eye on fundamental factors that could drive demand for cryptocurrencies. News of adoption, institutional involvement, or regulatory clarity can play a pivotal role. 🏦💼
Technical Indicators: Look for confirmation from technical indicators such as higher lows, bullish candlestick patterns, or increased trading volume. 📊📈
Trading Strategy:
Caution: While the signs may be encouraging, remain cautious. Wait for confirmation of the trend reversal before committing significant capital. 🚦
Risk Management: Always use risk management techniques, like setting stop-loss orders, to protect your investments. ⚖️
Diversification: Consider diversifying your portfolio to spread risk across different assets. 🌐
Conclusion:
The cryptocurrency market is known for its volatility and unpredictability. While the presence of liquidity below a downtrend line offers hope, it doesn't guarantee a trend reversal. It's crucial to combine technical analysis, market sentiment, and sound risk management in your trading strategy. And remember, even in the world of crypto, patience can often be the key to success. 🗝️
Will this time be different? Only time will tell, but one thing's for sure – it's a market that continually keeps us on our toes. 🌟
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📈 DOGE: Potential for Explosive Growth 🚀Hey crypto enthusiasts! Today, let's dive into the fascinating world of Dogecoin (DOGE) and explore a pattern that has caught the attention of many traders and investors.
🔍 The DOGE Range: Did you know that Dogecoin traded within a relatively tight range for a whopping 554 days? That's right, over a year and a half of relatively stable prices and limited volatility.
💡 The Power of Range-Bound Trading: Range-bound trading occurs when an asset's price moves within well-defined upper and lower boundaries. During this extended period of range-bound trading, DOGE seemed to be in a state of hibernation.
🚀 The Explosive Growth: What's truly intriguing is what happened next. After trading sideways for an extended period, Dogecoin suddenly skyrocketed, surging to incredible heights and increasing in value by a factor of 11 or more.
🔮 A Glimpse into the Future: Now, here's where it gets exciting. Many traders and analysts believe that history might repeat itself. The previous extended period of range-bound trading could be a precursor to another explosive growth phase for DOGE.
📊 Trading Strategy: For traders, this presents an opportunity to keep a close eye on DOGE. If it follows a similar pattern, a period of stability within a range could be a prelude to a significant breakout.
⚠️ Always Do Your Research: While historical patterns can provide valuable insights, remember that the crypto market is inherently unpredictable. Conduct thorough research, stay updated with the latest news, and consider various factors before making investment decisions.
In conclusion, Dogecoin's historical trading behavior suggests that it might be gearing up for another exciting chapter. Whether you're a DOGE enthusiast or a crypto trader, it's a space worth watching closely. Who knows what the future holds for this popular cryptocurrency?
Stay tuned, stay informed, and remember - in the crypto world, surprises are around every corner! 🌌💰
❗See related ideas below❗
Follow + Like this post and share your thoughts in the comments; your engagement fuels the crypto conversation! 💚🚀💚
LTC Fractals : Unlocking the Power of Repetition 📊🔁ŁGreetings, fellow traders! 🚀 Let's delve into the captivating world of fractals – a concept that reveals the art of repetition in trading patterns. Today, we'll explore the phenomenon of the Double Bottom pattern on the Litecoin chart. Brace yourself for insights into the power of fractals in forecasting market movements.
🔍 Understanding Fractals: Picture fractals as the echoes of patterns across different time frames. Just as nature exhibits patterns that repeat at various scales, trading charts also showcase fractals – smaller patterns that resemble larger ones.
📉 The Double Bottom Tale: A Double Bottom is a classic bullish reversal pattern. It consists of two distinct troughs at nearly the same price level, forming a "W" shape on the chart. This signifies a potential trend reversal from bearish to bullish.
🔄 Fractal Repetition: Here's where fractals come into play. A Double Bottom pattern on a smaller time frame can mirror a larger Double Bottom pattern on a higher time frame. The repetition of this pattern underscores the market's inclination to follow similar dynamics.
🚀 The Power of Recognition: Identifying a Double Bottom pattern on the Litecoin chart can offer insights into potential price movements. A successful breakout above the pattern's neckline could signal a bullish momentum.
💡 Insights for Traders: The concept of fractals teaches us to look beyond the surface and recognize patterns that repeat across time frames. Understanding these echoes can equip traders with enhanced analytical skills.
Educational: Quick, What are Fractals?You've probably heard before "The markets are fractal" and you probably was not sure what that meant
What is a fractal?
Fractals are complex geometric patterns that exhibit self-similarity at different scales. In other words, they are intricate shapes that contain smaller copies of themselves, regardless of the level of magnification. Fractal in financial markets are often mistaken for Williams fractal indicator. They are not the same .
Fractals have applications in various fields, including mathematics, physics, computer graphics, and art. They have also been used to model and study complex natural phenomena, such as the branching patterns of trees, the distribution of galaxies, the structure of coastlines, and even the behavior of financial markets.Fractals are utilized in financial markets to illustrate the notion that patterns observed in the market transcend timeframes and remain consistent. In essence, the behavior exhibited on a 1-minute chart is also on a daily chart.
Below is a good example of a fractal pattern at different scales.
Lets bring this back to the financial markets. Without cheating. I want you to go ahead and try to guess which of these charts is a daily chart.
Have your answer ? Okay good. Well as it turns out they are all the same chart at different scales. They are all actually a 1Hr chart of US30. See image below.
Once I removed the scale and price there was no way for you to tell what chart or timeframe you were viewing. In fact I could have provided you with any data plotted as a candlestick and you would not know what data it is. Because the same patterns exist on all timeframes regardless of scale. So the next time someone says. The daily timeframe is more smooth and less choppy, understand that there is "some" truth to that but only in the sense of the daily timeframe is less prone to anomalies such as news events that might cause a sudden spike on the chart but on a long enough timeframe that spike can also occur on the daily timeframe.
Now the next time you hear someone say "The markets are fractal" you will understand.
Note that this is a far more complex topic but this is just a quick summary
BTCUSDT - FRACTAL Shows Parabolic Move SoonHi Traders, Investors and Speculators of Charts📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫
On the charts I have a fractal of the BTC chart from 2020. We see a very similar pattern : two topouts, a regressions channel followed by a short term rally leading to a bearish H&S pattern on the daily. Previously , the price of BTC drops -18%. If we were to use that same percentage, that gives us a rough target of $24.5K which corresponds with my recent update on Bitcoin where I'm short until 25K.
We have some strong arguments here for a short term bearish move after which the 2020 fractal was followed by a parabolic increase.
I'm expecting to see some volatility this weekend as the fractal continues to play out.
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BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P BINANCE:BTCUSD INDEX:BTCUSD KUCOIN:BTCUSDT OKX:BTCUSDT BYBIT:BTCUSDT
What will happen in BTC (Fractal analysis)IT'S NOT FINANCIAL ADVICE.
IT'S JUST A SCHEMATIC OF A MOVEMENT.
I WANNA SHARE MY IDEA WITH YOU TO KNOW WHAT YOU THINK !!!!
SO, LET'S GO, GUYS,
As you see, we have 4 Boxes. In the First box that I draw, the blue box is a base that pushes the price to drop (red box).
in Red box, we have a collective base that we call the double bottom, and the price runs to the top (Yellow box)
in the Yellow box, we have two different reactions. in the first price entered the blue box and active fresh sell order and then moved down and after that price entered the red box and the price acted fresh Buy order. it's related to pumping the price and finally, we have a red box, in the red box we see a classic pattern. we called it a bullish wedge and the consequence of this reaction related to dumping the price in the ellipsoid zone.
This fractal is repeating itself...
4 boxes are shown in the chart. Blue box, red, yellow, and finally red box.
the is a difference between this movement. I want to explain more to show something strange to you.
in the yellow box, a fresh sell order is activated, but fresh buy orders are not active yet and which means that this yellow zone (around 20K)could not rescue the price if the price touches it. I expect BTC to drop more to the below support zone.
The first support zone is: 9800-12500
The second support zone is: 7500-8500
The third support zone is: 3800-4300
I don't want to say BTC drops to 4K. I want to show you the strongest support zone and if the price close below the first support zone in two days by a huge candle and high volume, the next support zone will be active.
that's all. please tell me what you think.
are you agree with me?
Please share this analysis with your friends and write below, what your idea is about the next BTC Movement.
Thank you so much in advance.
BITCOIN - GEARING UP for another ATH ⬆Hi Traders, Investors and Speculators of the Charts 📈📉
In today's analysis, I take a look at a fractal that played out on Bitcoin during March 2019 over a few months. This was the beginning of the bull cycle that led to BTC's all time high.
Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy.
I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines , support zone and resistance zone , Fibonacci ) is really helpful for longer term, whilst technical indicators such as RSI can be very useful for the shorter term. Important to note that today's analysis is focused on longer term, in other words potentially more than 3 months.
This analysis on Bitcoin corresponds with my previous in depth analysis on BTC , which you can find here 👇 This update uses BTC .D ( bitcoin dominance) and TOTAL2 (total market cap of alts) to speculate shorter term price action for Bitcoin .
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XAUUSD 26/04/2023Currently, on the 15-minute timeframe chart, we are within a bullish range that ranges from 2009 to 1991, with the former being the liquidity point of the range. Therefore, we could expect a bullish reaction in the zone ranging from 1998 to 1996. As long as the price does not close below this zone with a bearish candle, we can say that the zone is being absorbed in lower timeframes, and we can move down to lower timeframes to position ourselves in bullish ranges.
SPX 1H 24/04/2023In the one-hour timeframe, we observe that the price has retraced to the grey zone around 4143 and has reacted favorably to the 4-hour trend. Once again, the price action is close to retracing to the same zone, which could indicate a potential short trade if entry criteria are met. Similarly, we can refer to smaller timeframes to observe new ranges forming in favor of the 4-hour trend
XAUUSD 4H 21/04/2023Currently, in the 4-hour timeframe, we are in a bearish range that is bounded between 2011.826 and 1969.459. The price mitigated the zone between 2008.255 and 2002.040 by absorbing the zone and giving a continuation reaction to liquidate the next logical liquidity target within the range, which would be 1969.999. We could attempt to follow the new bearish ranges on lower timeframes.
USDJPY 15M 20/04/2023Currently, in the 15-minute timeframe, the price is hovering within the range of 134.354 to 134.262. We can expect the price to continue to move within this range until it reaches the closest liquidity target at 134.017. This target is the point where we could expect a significant amount of buying or selling activity.
However, if the price does not reach this target, we could potentially see a reaction in the range of 134.829 to 134.670. This range represents a potential area where buyers or sellers may enter the market, and traders should monitor this range closely for any potential trading opportunities.
Overall, the text highlights the importance of identifying key price levels and liquidity targets in the market, and being aware of potential reactions or trading opportunities in these areas. Traders should always exercise caution and make informed decisions based on market conditions and their individual trading strategies.
My daily bias on AUDUSDSince we have price at our demand zone on the hourly charts ..and we saw a push up creating a market inefficiency..my ideal target is for the level 0.67658 to be taken out..well let see what the market wants to do ...I'm not telling you guys to buy or sell..I'm only telling you where I would love to see price ...stay safe
#IamACE #ACETHETRADER
BTCUSDT : Is +130% Likely ? Fractals😨 Hi Traders, Investors and Speculators of the Charts 📈📉
In today's analysis, I take a look at a fractal that played out on Bitcoin from 2018 - 2019 over a few months. Fractals can be very helpful to give an idea how the price action behaves after certain trends, which is where trend lines become especially useful in conjunction with fractal strategy. I think the chart is self explanatory, but feel free to pop me questions in the comments section.
I believe there is an important balance between trend line analysis / chart analysis, and technical indicator analysis. I find that trend analysis ( trend lines, support zone and resistance zone ) is really helpful for longer term, whilst technical indicators can be very useful for the shorter term. Important to note that today's analysis is focused on near term, in other words not exceeding 3 months. According to my technical analysis on BTC yesterday, I expect the price to correct for the immediate term.
Yesterday, we discussed my two favorite technical indicators : the Phoenix Ascending and Bollinger Bands . Together, they point to harsh short term selling pressure. Bears have taken control for the immediate term, and according to the BBands, 19K is a next likely stop for the short term.
See more details below:
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Bitcoin - Should we watch THIS FRACTAL?Hi Traders, Investors and Speculators of the Chart 📈📉
❗ UNPOPULAR OPINION ❗
I discovered a fractal on BTCUSD during 2014 - 2015 that resembles VERY closely what we are currently seeing on BTCUSDT. What followed was a multi-month bear market for BTCUSD. A peak, with a lower high followed by a selling climax and an automatic rally. Could BTCUSDT repeat this fractal? This would link up to an earlier theory that I have involving the US Government Debt and rallying markets (against all odds). Check it out in related ideas below, this could be the bull trap of the century! It's never a bad idea to hedge your risk and secure some profits.
PS I tried to copy a bars fractal pattern from the BTCUSD chart onto the top BTCUSDT chart, but was unable to paste it. If you know how to paste a fractal from one chart onto another, please let me know.
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CADCHF... three drives...analysishello guys...
cadchf after formed a spike candle started to make three drives... so far have made two drives and i am waiting for third one... for forecasting i use movement steps and measure last correction, distance and height of two drives.
i think my analysis is so clear for you. but if you have any question please ask.
always do your own research.
And please don't forget to support this idea with your like and comment.
LTCUSDT bullish signal.Hello Birdies,
So LTC is reaching at strong support making it a double bottom and our fib-arch gives us the pivot point and fractal to give more confluence to our entry setup.
So the entry setup is either at 55.38 or 50.41 both have equal chances.
There is an imbalance at 85-91 range which make. it our TP1 and TP2 is at where fractal pointing 11x. range.
Thanks for watching
JPY trying to regain Momentum These currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level in light of aggressive monetary Japanese easing.






















