AEVO has been trading on Binance for a short time after its listing, but it has already managed to form fractals (repeating patterns). On the 4-hour timeframe, it is forming a bullish flag pattern, followed by a stop-loss hunt of longs below the lower border of the pattern, which is followed by a sharp pump. The bullish flag: The bullish flag is a bullish...
A "What If Chart" - what if we are repeating the same pattern that made the two 2021 tops to the 2022-23 Bottom, on a much larger timeframe. The highlighted area is copied and expanded using the bars pattern tool and overlapped with present price action, starting from the last lower high in 2021). This is a bearish scenario where we are presently making the end...
Alt dominance formed something that looks a lot like an HSi with a very small right shoulder, which broke above its neckline and successfully re-tested, confirming the pattern and targeting 16.6%. See the white drawn pattern and its white dashed neckline on the chart. The same area of breakout and re-test from the smaller white pattern is forming another...
COINBASE:ETHUSD A long term look at ETH. Are we repeating patterns in time and price? After the 2018 top and 90+% drop there was a 382 rally which we have had from this recent low but this time we have hit it twice. There is also an ABCD pattern higher at 2200. If we look at time now. From the 2018 high to the 2021 high there are about 1400 days, so if we...
Alt dominance may be repeating its prior pattern, where it wicked up to it's ATH after a series of drops, and then dropped hard before making a new ATH. I still question whether it will actually make a new ATH this time, but imagine it will at least revisit the area of previous ATH. Related idea linked below - a falling wedge breakout that is targeting previous ATH
Transformers & Rectifiers Ltd: TRIL When any Stock faces a Sudden Crash or a Sudden Rise - many Retail Investors go Ga-Ga over the question "Why why why did it happen ??" - especially on a crash. Their worry is on whether to Hold or Exit their holdings Such violent moves typically are caused due to some NEWS. Obviously we all have a portfolio of atleast 20+...
SPX is currently in a downtrend. On the SPX weekly chart, see the similarities between now and March 2022. Then there was 6% move up followed by a huge drop. My guess is that SPX will move up to resistance at 4400 then fall. Not trading advice. Do your own research.
Here we looked back at the bars pattern from 2018 to the beginning of 2021 and replicated it at April 2022 (the BLUE pattern). We can see a clear similarity in the bars' pattern from April 2022 to January 2023 which makes us believe that the price will repeat history. We are presently in a Concentration Zone where the price is predicted to BREAKOUT bearish at...
Greetings, 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...
Quick idea here, I love repeating patterns. Is Ethereum doing that now? Look at the similarities on the chart. If this is the case, we can expect a move back up just below ATH, and then potentially a move towards a new ATH at >7k. Depending on where the present candle closes, the neckline of the W may need adjusted to be more diagonal, which would lower...
This happened in 2015, 2019, and once again now... I believe Bitcoin will begin at least another year of downward or sideways accumulation to create a strong platform for BTC to grow to new heights, as you can see in previous Bear Markets this exact same short-term rally has happened before, How will it play out? - I believe it will start with a shortfall of...
What follows is a comparison of the daily chart during the 2018 bear market recovery with the present weekly chart. Markets like to repeat patterns, with similarities and differences: Repeating Pattern Similarities: Both made a head and shoulders top OBV and Volume show similar patterns of behavior in both charts The amount of correction prior to...
Just a quick post here. I included this as a screenshot in another published chart shown below, but wanted to share this idea by itself. NOTE -Expanded flat C wave typically stops either at the 1.618 or the 1.236: - Logarithmic chart has corrected down to the 1.618 exactly. - Linear chart shows us stopping near the center point between the 1.618 and 1.236,...
Comparing the pattern prior to the previous run-up vs. where we are now, this is the 3-day chart we're viewing. I've copied and stretched it out in order to re-size our old pattern vs. today's pattern. HBAR likes to repeat similar patterns, let's see if it happens once again. Related ideas linked below under Links to Related Ideas.
VIX trading in a bullish pennant pattern. We have seen two really nice bullish bounces off the support trend line in this pennant pattern. I expect this next support line touch to be nothing different (assuming VIX touches support). VIX targets: 25.41 resistance first, then follow-through to 28.93, eventually reaching the top of the upper bound of the pennant...
Patterns from other cycles seem to be repeating themselves today. After each ATH of each cycle, the price heads towards the blue area where the EMA50 is, making a support. When it breaks the EMA50, the price goes back to the average in the yellow area but this time it makes the EMA50 as resistance. Finally, the price fails to break the resistance and finds the...
Neutral $BRK.B $319.78. BRK.B repeating the pattern from Nov 2020 and Mar 2021. Price action shows this time stock reached the target in shorter time span. Expect little more addition to stock price and then sideways trade action between $300 till $320 till next breakout pattern appears. Expect 20 SMA acting as support for this stock.
Hey I was just looking at the charts and thought about this Idea because it does look familiar for me, what do you think let me know.