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This is an interesting finding on the 1W time-frame, showing Bitcoin ( BTCUSD ) within a Channel Up since December 2017 High (of the previous Cycle). Below we analyze frame by frame the similarities and differences, key pressure levels and how those can make a projection for the following months. ** Triangle.. then flush ** A key component of this is the pattern that preceded the FTX crash. As you see that was a Triangle (blue), with the FTX crash displayed by the strong 1W red candle that followed. Before that crash, the price was effectively supported on the 0.236 Fibonacci level. The very same Triangle was seen on the 2018 Bear Cycle, up until the week of November 12 2018. Two strong 1W red candles followed, which after a rather flat green, gave way to another two red weeks that priced the bottom. Notice that during both Triangles, the 1W LMACD flattened. So far following the FTX candle, we've had another (flat) red and this week (so far) a green one. Relative to the 2018 fractal , the price should be proportionately positioned where the red circle is. This implicates that after the green 1W candle, another two red ones should follow and the bottom will be in. How far those final red candles can go is anyone's guess but if they follow the (not so strong compared to 2018) FTX candle or even more so the flat 2nd red week that followed, then they could be rather limited in extent. This however goes in contrast to the total correction of the 2018 Bear Cycle, which was approximately -84%. A repeat of that magnitude would put BTC below the bottom (Higher Lows trend-line) of this long-term Channel Up, but the same took place on the week of March 09 2020, with the COVID flash crash, which broke the Channel's bottom rapidly on a wick and then rebounded almost instantly. ** The 1st Support - 1st Resistance pattern ** Another important aspect of this Channel is where the price had its 1st Support after the Top was made and the Bear Cycle started and where it found its 1st Resistance after the bottom and the start of the new Bull Cycle. In early 2018, BTC had the 0.5 Fibonacci level as the 1st Support level that contained the downfall before the eventual sell-off to the Triangle. In 2021/22, that 1st Support level was on the 0.618 Fib. In 2019 the 1st Resistance level that put a stop to the first rally on the new Bull Cycle was again Fib 0.5, displaying a perfect symmetry. If the same pattern is continued, then the initial rally that will follow in the new Bull Cycle, should stop on the 0.618 Fib, i.e. slightly above $50000. For a more effective comparison, we have plotted the 2019/20 sequence (black trend-line) on today's price action onwards. Not surprisingly, it is rejected on the 0.618 Fibonacci level, a little over $50k. That is of course, assuming that the next two weekly (1W) candles will be not as aggressive as in late 2018. If they are and the bottom of the Channel is hit, we can expect a bottom within $13000 - 12000. Do you think we are very close to pricing the bottom and if so, is this model correct to predict 50k on the next rally? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

A month ago we called the top on the USDCNY: With the price breaking below Fibonacci 4.0, the pair has basically called for an extension of November's downtrend. This will be confirmed if the price fails to close the week above the 1D MA50 (blue trend-line). As you see, on a sample dating back to January 2017, every time the price failed to close above the 1D MA50 (four events), it extended its losses and broke below the 1D MA200 (orange trend-line), approaching the 1W MA100 (red trend-line) and on two occasions breaking (much) lower. A slightly different case is March 2017, when the price did break above the 1D MA50, but eventually collapsed below it a few weeks later. Perhaps the best confirmation for a long-term sell would be when the RSI on the 1W time-frame breaks below its Support level . This happened on all of those cases since 2017. As a result, we have a medium-term target for USDCNY on the 1D MA200. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Copper (HG1!) on the 1W time-frame appears to be repeating the previous major Bear Cycle that started in 2011/12. Based on this fractal analysis, the recent 1W rejection just below the 1W MA50 (blue trend-line) puts us at a proportionate level as on the February 06 2012 1W candle. Having rebounded on the 1W MA100 (green trend-line) both on the July 11 and September 26 candles, we expect initially to reach it again and then rebound to make a Lower High and form a trend-line similar to that of 2012 - 2014 that made structured Highs to sell that took Copper to the 2.000 - 1.9360 Support Zone . This long-term bearish pattern will get invalidated if the price breaks above the 0.618 Fibonacci extension , which was where (slightly below) the price was rejected on the February 06 2012 1W candle. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Natural Gas ( NG1! ) hit yesterday the Lower Highs trend-line of the August 22 top and today we see the first signs of a rejection. Until this breaks decisively, we can expect NG to pull-back to the 0.382 and 0.236 Fibonacci levels. Based on the 1W RSI though, which is on a Falling Wedge since the October 01 2021 High, there is still some room to rally, and if yesterday's Lower High is anything like the February 02 2022 Lower High, then after this pull-back we can expect a rebound back to the 0.786 and 1.0 Fibs even a new Higher High. In that case we will be buying every closing above each Fib. A complete bearish reversal scenario will take place if the price makes a weekly close below the 1W MA100 (red trend-line), which is where NG rebounded on October 24. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

The Exxon Mobil Corporation ( XOM ) has made new All Time Highs (ATH) this month, being on a massive +37% rally since the September 26 low and bounce on the 1D MA200 (orange trend-line). Based on a similar 1D RSI occurrence, it would appears that the price is currently starting a pull-back similar to November 10 - December 20 2021, which hit the 1D MA200 and as it has always done since December 2020, it rebounded strongly. This pull-back will be confirmed if the price breaks below the 1D MA50 (blue trend-line) again. Until then, with Exxon exactly at the top of the Channel that started after the 2020 Double Bottom , a break above the Higher Highs trend-line, would start a huge bullish break-out towards the 1.786 Fibonacci extension ($125.00) and potentially the 2.5 Fib ($143.00). ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Nasdaq (NDX) completed its short-term technical pull-back, as it held the 1D MA50 (blue trend-line) after it was rejected on the 1D MA100 (green trend-line). This doesn't change our outlook presented two weeks ago: This profit-taking retracement was part of the greater plan, as the index remains within the tolerance levels of the previous counter-trend rebounds of the 2022 Bear Cycle, all of whom hit the Lower Highs trend-line that started on January 05. As you see denoted by the green circle, every break above the 1D MA50 (blue trend-line) made a pull-back to test it as a Support shortly after. In terms of RSI , it appears that relative to the rallies of mid-March and July-August, we are just past the Red Flag. Now the minimum target on this bullish sequence is the Jan Lower Highs trend-line, that most likely will make a match on the 0.618 Fibonacci (as both previous rallies) and the 1D MA200 (orange trend-line) around the 12500 mark. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Since the May 31 High and the subsequent sell-off, Bitcoin ( BTCUSD ) has been trading within a Channel Down pattern. We've plotted the Fibonacci retracement levels and the +/- 0.5 upper and lower extensions, in order to see potential pressure points/ levels. As you see, the Channel's median (Fibonacci 0.5) has been dominating the price action with six so far (including the one three days ago) touches, all of which initiated rebounds. The 1D RSI and MACD ( Bullish Cross) sequences indicate that the current consolidation on Fib 0.5 resembles that of August 28 - September 07. That pattern fueled a rebound that stopped just above the 1D MA50 (blue trend-line) and the 0.786 Fib. As long as the 0.5 Fib holds, the short-term target is the 0.786 Fib. It is worth mentioning that the 1D MA200 (orange trend-line), unbroken since December 31 2021, is now closer than even to the Channel Down. A closing above it can potentially test the 1.5 Fibonacci extension of the Channel. On the other hand, two closing in a row below the 0.5, can target instantly the 0.236 Fib, even the bottom of the Channel. Which way do you think Bitcoin will break to first? Top or Bottom of the Channel? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

It has been a (very) long time since we last looked at LEOUSD . In fact it has been since February 05 2022 when we accurately projected the Fibonacci Target Zone with its All Time High (ATH) coming just 3 days later: As the price is rebounding and hit the 1D MA50 (blue trend-line) again so quickly after the dump 2 weeks earlier, it is about time to look at LEO's enormous buy opportunities. First of all, while the price has been on Lower Lows since September 24, the 1W RSI has been on Higher Lows, indicating a strong Bullish Divergence . Secondly, the November 09 Low was made exactly on the Fibonacci 1.0 level, which was the top of the previous Buy Zone (0.0 - 1.0). There is a Triple Resistance barrier ahead. First it is the Lower Highs trend-line since the September 01 High (dashed line). A break above should most likely target the 1D MA200 (orange trend-line) for the first time since also September 02 and that can lead to the ultimate Bear Cycle test of the Lower Highs trend-line by the February 09 2022 All Time High. Failure to break that, will keep LEOUSD within the 1.0 - 2.0 Fibonacci levels, i.e. our new Buy Zone, that will inevitably break the February Lower Highs early in 2023. A break above it before though, can kick-start an aggressive medium-term rally, the first into the new Bull Cycle, targeting the 3.0 Fib. In both cases, LEO is at levels where long-term investors should consider buying. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

*** *** For this particular analysis on Dash we are using the DASHUSDT symbol on the OKX exchange. *** *** The idea is on the 1D time-frame where DASH is approaching the 1D MA200 (orange trend-line) for the 2nd time since the November 08 rejection (FTX). This is the first time since the price broke below the 1D MA200 (December 01 2021) and never touched it again, that it will approach it twice on such a short time window. This is the ultimate Resistance test for the coin as, as mentioned, it has been unbroken since Dec 01 2021. Ideally, we would like to see a break above the November 10 2021 Lower Highs trend-line, before calling for a long-term bullish reversal on DASH, in which case we can start targeting the Fibonacci levels since its 2021 All Time High, one by one, with the 0.236 Fib (at 58.7) being the first, which was the Resistance on the August 09 2022 High. Notice also the RSI on the 1W time-frame, which is also making a key test on its August 2021 Lower Highs trend-line. A break there, can possibly be an early bullish reversal indicator. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Silver ( XAGUSD ) has been trading since September exactly like we wanted it to, as we have been tracking its long-term Channel Down pattern correctly: Our 1D MA200 (orange trend-line) target has been hit, with the price also marginally breaking above the top (Lower Highs trend-line) of the Channel Down (Fibonacci level 1.0). That doesn't call for a bullish extension towards the 1.382 Fib like the Ukraine - Russia was extreme did, as the price quickly retraced back below the 1D MA200. This continues to replicate the rebound after the Internal Lower Lows, which is the fractal that helped us take that buy trade on September. That sequence, following the 1D MA200 rejection, pulled-back to the 0.236 Fibonacci level. Since the current top on the September - November bullish leg was made a Fib level higher, we are setting the targeted low higher as well, on the 0.382 Fib instead of the 0.236. The next buy opportunity would be when the 1D RSI hits the 30.000 oversold barrier again. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇