Get started

Fractal

MATIC - giga rally loading?Polygon (MATIC) is looking really promising right now, thanks to some major upgrades and smart moves. They’ve just rolled out Polygon 2.0, which is a huge deal. This upgrade introduces a new token called POL that’s designed to handle a lot more transactions and different roles within the network, making it super versatile. What’s cool about Polygon 2.0 is that it’s all about making the network faster and more connected. They’re using advanced zero-knowledge (ZK) technology to cut down on costs and speed up transactions. This means that developers can build even more efficient and scalable applications on Polygon. The community and developer support for Polygon is also a big plus. They’ve got a ton of resources and tools available for developers, making it easier to create and launch new projects. Plus, with their new Chain Development Kit, developers can easily create custom Layer 2 chains, adding even more flexibility to the platform. On top of that, Polygon has made some strategic acquisitions, like buying Toposware, to boost their tech capabilities. These moves show they’re serious about staying at the forefront of blockchain technology. All these factors combined make MATIC a token worth watching. With all the upgrades and strategic initiatives, Polygon is set to drive higher adoption and increased transaction volumes, which is great news for anyone holding MATIC. I believe from September til March 2025 we will see a hot crypto market. Hot enough to see a lot of coins rally.
CRYPTO:MATICUSDLong
by TheTraderAndy
1
Highstreet (HIGH)On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why? 1) You know why.. The same conditions as before. 2) Price action resistance breakout. 3) Support and resistance. Price action returns to past resistance. Look left, green squares. Is it possible price action could fall further? Sure. Is it probable? No. Ww Type: trade Risk: <=6% of portfolio Timeframe: Now Return: Will say elsewhere
Long
by without_worries
49
Still in a Bull Market..180k by March 2025?From my analysis, using Fib Time, Fib Extensions, Fractals, Market Structure, and the current price action forming a bull flag, I placed my rough fractal idea over the top of the BTC chart alongside timing.. Double/Triple top could play out to finish off this cycle.. or it could be a blow off top (less likely with more capitalized markets.. 173-182k is my top target for this cycle.. though price could fall short of this.. if this plays out, then I'd expect the next market bottom to form around current prices (~57k in November 2026)
BITSTAMP:BTCUSDLong
by TheTraderAndy
EUR/USD Outlook ICT Concepts💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on EUR/USD , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 📈 Anticipated Price Retracement In our previous EUR analysis, we projected a price retracement to mitigate inefficiencies, including Gaps and Fair Value Gaps ( FVG ). This forecast materialized, with a notable reaction at the FVG created post-Market Structure Shift ( MSS ). 📉 Expansion and Sell-Side Liquidity Subsequently, the price extended lower, targeting and absorbing the sell-side liquidity ( SSL ). Our analysis had delineated Optimal Trade Entry ( OTE ) levels, which the price action respected, exemplifying an optimal scenario. 🔄 Reaction to Fair Value Gap Presently, the price has retraced to the delineated FVG, exhibiting a significant reaction at the 50% (CE) level of the FVG . This movement also induced a Smart Money Technique ( SMT ) divergence with GBP/USD . 🧠 Understanding Smart Money Technique (SMT) You may inquire about SMT: in this context, SMT manifests when EUR registers a high, fails to achieve a higher high, and instead forms a lower high, whereas GBP/USD attains a higher high. This divergence signifies a bearish SMT , particularly when aligned with existing inefficiencies (FVG). 🔍 Outlook: Bearish or Bullish? To consider a bullish scenario, the price must invalidate the SMT. Should the SMT persist, our stance remains bearish until pivotal levels, such as the Previous Week Low ( PWL ), are achieved. 🙏 Thank you for joining us! Exploring EUR/USD today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
by RealArmin
BTC FRACTAL - 20% Correction PossibleLet's do a quick recap on Bitcoin. I rediscovered a fractal from a post I made a few months ago, which compared BTC price action to NVDA price action after making an ATH. Currently, there is another Bitcoin fractal based on the M-Pattern and we take a deep dive into how far this correction could go. I'm labelling this post as "short" simply for the lack of better options. I do believe the price will correct lower, but I wouldn't take a leveraged trade so close to the a new ATH. Link to the earlier comparison with Nvidia: ___________________________ COINBASE:BTCUSD BINANCE:BTCUSDT
COINBASE:BTCUSDShort
by CryptoCheck-
BTC vs NVDA Fractal 📈📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. The one was a correction, and the other was range trading until after the halving. Find the previous Bitcoin post here: When we compare BTC to how Nvidia has been moving, we see a very similar corrective pattern play out, followed by a steep increase. Then, after a period of sideways/range trading on NVDA, the price continues to even higher highs as it increases parabolically. Could we possible see something similar on Bitcoin? I think it's worth keeping an eye on this fractal and expect some boring price action for a while on BTC. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck NASDAQ:NVDA MEXC:BTCUSDT
NASDAQ:NVDA
by CryptoCheck-
CADCHF Trading Plan - 18/Jun/2024Hello Traders, Hope you all are doing good!! I expect CADCHF to react from the highlighted zone. Currently CADCHF is in bigger correction & I am still seeing the potential bigger move towards upside. Plan to Trade: If market starts to correct from current levels upside, then short term sells are possible. Look for your BUY entry setups as per the above expectations. Your follow and like will be a token of appreciation. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
2
AMD to $10 - bearish divergenceOn the above 2-month chart price action has appreciated 8500% since September 2015. A number of reasons now exist to be bearish. Side note: Timing the market tops or bottoms is not my forte. Instead, these large time frame ideas are an attempt to measure the probability of continued trend versus risk. Why bearish? 1) The ‘incredible sell’ signal prints. On a 2-month chart! This is a bubble. A large bubble. In fact, if you got a moment, it's a twelve-storey bubble with a magnificent entrance hall, carpeting throughout, 24-hour portage, and an enormous sign on the roof, saying 'This Is a Large bubble’. A large bubble requires a large plan. 2) Regular bearish divergence. A number of oscillators are printing bearish divergence with the recent higher high in price action. 3) The upper trend line resistance. Pay attention to this one, look left. Only twice before has price action reacted so strongly to this resistance, once in 84 and again in 2000. Will this time be different? It’s a heck of risk to take! 4) Stochastic RSI tests 40 and rejects. (Purple circles). Look left, the last time this happened a 80% correction followed. Why $10? Well that’s going back to point 3. On the previous two occasions price action confirmed resistance. A correction to the Fibonacci 0.618 golden ratio was then observed. The ratio currently prints around $10. Is it possible price action moves higher? For sure. Who knows where the top is. Is it probable? No. The probability of continued upside is now <10% versus a high risk of downside. Good luck! Ww
NASDAQ:AMDShort
by without_worries
224
SPY ETF Analysis: Patience is KeyCurrently, the SPY ETF shows an upward trend in both the long and short term, without clear signs of weakness. The current short-term trend leg seems strong enough to reach higher targets, especially due to the lack of significant resistances, except for round numbers that act as psychological barriers. However, we must consider the maturity of this trend. Prolonged trends can be vulnerable to corrections, which might threaten the continuity of the current rise. Moreover, the overall market scenario is not entirely favorable, with other important ETFs like QQQ, DIA, and IWM showing mixed signals. For instance, the DIA is showing weakness and might be starting a reversal, while the IWM is no longer in an uptrend. For those looking to buy, it's important to take minimal risks and aim for shorter targets since the trend, although still upward, has reached a dangerous stage. Holding large positions or expecting prolonged movements may not be wise at this moment. Any sign of weakness, such as the current short-term trend leg failing to reach higher targets, should be a reason to exit positions or reduce exposure. On the other hand, for those thinking of selling or taking advantage of a possible decline, it’s prudent to wait for the first signs of weakness in the uptrend before starting to build positions, keeping them light and taking more risk only when there is a confirmed trend change. In conclusion, patience and caution are essential now. It’s better to avoid medium trades and focus on low-risk positions until the market shows clearer direction signals. Better opportunities will come, so stay calm and avoid significant risks. What do you think of this analysis? Leave your comment below and share your perspectives on SPY!
AMEX:SPY
by LuccasChartRoom
Bitcoin Pre-Halving bull run from Jan 2023Hello Everyone, I want to share this amazing thesis that I found on the Bitcoin chart. Everything is on the chart but I want to clear some insights about this. First of all, all Bitcoin bullish cycles have two sub-cycles: pre and post-halving sub-cycles. I believe the bottom is NOT in yet but we are close to that and it will be clear before Dec 2022 and the Pre-halving phase will begin from Jan 2023. Let's take a closer look at previous bullish cycles. The first halving event occurred on the 28th of November, 2012. Bitcoin had a pre-halving bull run from the bottom which took 378 days and it pumped more than 522%. The second halving event occurred on the 9th of July, 2016. Bitcoin had the same pre-halving bull run from the bottom which took 539 days and it pumped more than 300%. The third halving event occurred on the 11th of May, 2020. Bitcoin had almost the same pre-halving phase which took 518 days and it pumped more than 200%. During this phase, the black swan event happened which was COVID-19 crash and I ignored this because it was unexpected. According to previous bull cycles, we can conclude Bitcoin will find the bottom in Q4 2022 and from there the pre-halving phase will begin and it lasts until fourth halving on 03 May 2024 which will be almost 478-540 days from the bottom. The bottom will be somewhere between $10k and $16k, No one knows the exact price but you can start DCAing below $16k (if we get there). The post-halving phase will take Bitcoin to new territory and I think it will be somewhere between $100k and $200k in 2025. Be patient and have your own plan. Trade safe. If you found this info useful, please share it with your friends, and don't forget to hit the boost button and follow me ;) Thanks.
INDEX:BTCUSD
by ir0nhand
2