Bitcoin (BTC) forming bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin ( BTC )
Previously the priceline moved slightly down than the potential reversal zone, however, recovered soon and pumped well.
Now on a 4-hr time frame, BTC is about to complete the final leg of a bullish BAT pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Bat
DXY Chart Analysis....
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GBPAUD > A Beautiful Bearish Bat Pattern!Analysis of #GBPAUD
Hi traders, today we will have a look at #GBPAUD
as you can see here we have a beautiful bearish harmonic bat pattern likely to complete near a very strong resistance level where the market has previously dropped substantially more than 335 pips
I will have two ways to enter the market either by sitting a limit order at that D leg completion or dropping a one-time frame to look for a bearish confirmation before I enter the market
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
GBPCHF > Strong Supply Zone for A Sell Entry..Analysis of #GBPCHF
Hi traders, today we will have a look at #GBPCHF
here is another beautiful harmonic pattern similar to the one i posted on GBPAUD, here we have a beautiful bearish harmonic bat pattern, possible to complete near a very strong resistance level where the market has previously dropped substantially more than 450 pips
You know how I like to enter harmonic patterns either by sending a limit order at that D leg completion or going a one-time frame lower to look for a bearish confirmation before I enter a sell
I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one
Thanks for your continued support!
Monero coin (XMR) formed bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Monero coin (XMR) with BTC pair.
Previously we caught almost 50% pump of XMR as below:
Now on a 4-hr time frame, XMR has formed a bullish BAT pattern for another price reversal soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Snap Inc. (SNAP) ... More than Finger Excercise ??I am always intrigued with patterns (harmonic) within patterns.
Snap Inc. (Snap) fits that bill.
(1) The Original pattern is a Cypher, which began life around Dec, 20th 2022.
Target 1 has been met and I have marked Targets 2,3 and 4.
(2 ) Coincidentally this is may be the beginning of a larger bearish harmonic pattern, whose beginning I marked as last September.
The extent of Leg D is undetermined , but it has the potential of forming a harmonic Butterfly, Bat or Deep Crab
These objectives have also been marked.
(3 ) Not withstanding the above, recent price action appears a little extended and I have marked an Extended ABCD pattern
as a short term reversal point. This may cause a pull back to 1/3 to 1/2 of the recent rally. This area is also outlined.
(4) I have also marked the AC leg of this potential Butterfly/Bat/Deep Crab harmonic with an extended dotted line.
The fact that this was broken today is a good thing , although often price action through a trendline often requires a retest.
Of course everyone is waiting for the Fed's action tomorrow. So pay attention to broader markets, be nimble and cautious.
As always do your own due diligence.
I will update as necessary.
Good Luck
S.
Utility Software (U) More than just a Bench PlayerInteresting Harmonic setup(s) for Utility Software (U)
One Harmonic pattern is in progress (Bearish Shark) and one that is trying for the final leg of either a Bearish Bat or a Bearish Gartley pattern.
We will watch this for the moment and see if the Bearish Shark hits the $30-32 area.
Then we will reevaluate and if U resumes its upward trajectory to the $54 for the final D leg of the Bearish Bat/Gartley Harmonic Pattern.
A solid breach of the XB trendline should be the key to the final leg on this 4 hour chart.
Stay tuned !
Not Investment advice ... do your own due diligence.
S.
Note... Lots of potential movement tomorrow (Feb. 1) with a potential Fed rate increase ... be nimble and respect overall market trends.
Basic Attention Token BAT/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
I copied the chart from Coinmarketcap since tradingview doesn't have the full historical price data of BAT.
The start of this wave 1 begun around .07 cents and wave 5 ended at $1.9. On this chart I have drawn a completed WXYXZ wave cause I think the bottom is in.
We do have a possibility of another leg down to .09 cents. However, I think that is very unlikely, but I will show you that in an updated chart below zoomed in.
From today's price the R/R ratio is 18.
Possible upside 1137%
Possible downside: 63%
Wave 1 on the bigger trend took us 4 years to complete.
Wave 3 on the bigger trend should take us at least 4 years. My estimated guess is about 6 years. JAN 2023 - DEC 2028.
TH | Bullish Bat Harmonic | Breakout Signal Entry Position TH | Thailand SET Index | Financial Sector | Price Action & Chart Pattern Trading
Chart Pattern: Falling Channel - Bullish Bat Harmonic Pattern
Price Action: Breakout Entry Position
Indicator:
> RSI Bullish signal crossing up MA line above 50.
> MACD Bullish - golden cross signal just below the baseline.
Trade with affordable risk ratio 3:1
Trust in your system indicator
Never panic trade
Always respect stop-loss
Goodluck
DP
Harmonics & Fibonacci on Turkish IndexIn follow up of BIST:XU100 since Dec 25, 2022;
Previous analysis:
Latest Observations :
Harmonics Bat Pattern; possible reversal zone around 3351;
Harmonics Gartley Pattern; possible reversal zone around 3619;
Fibonacci on Turkish Index; index may stabilize around 3664-3500;
Bearish Divergence
cadjpy sell from resistance price is moving near strong resistance where strong chance thats zone will respected and pair will fall down if this structure will valid we wiill see our target near strong support/. Here one thing should be notice price fails to break trend line which may act again and push the price gain to the resistance zone. now at current situation we should wait for proper bearish rejection on resistance zone.
wait for proper bearish and bullish price action
Dow Jones Harmonic pattern - DJ30 Potential Bearish Bat CFDHi there,
Short note from me - This week could be crucial for the next quarter especcialy we have 3 decisions about interest rates: FED, ECB and BOE. But today i want to show you potential bearish bat harmonic pattern what I found on DJI30, which means we are going to test some lower price levels.
My scenario for FED on wednesday:
- rise interest rate by 50 bps - we all going down,
- 25 bps, but- market going down until wednesday: we are going up in short term,
- 25 bps, but- market going up: short, sell the news,
- 0 bps (unlikely), going up,
Outside this I'm still more bearish in particular that the downside formation was formed.
Bitcoin (BTC) forming bullish BAT for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Bitcoin (BTC)
In the previous trade setup, after a lot of sideways move, finally Bitcoin rallied more than 43%.
Now on a 2-hr time frame, BTC is about to complete the final leg of a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hive coin forming a bullish BAT move for another pump soonHi dear friends, hope you are well, and welcome to the new update on Hive coin.
Our last successful trade of HIVE was as below:
Now on a 4-hr time frame, HIVE is about to complete the final leg of a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Perfect automated detection of Bat & Crab PRZ - LongA bullish-type Bat pattern occurred within the support zone of 1.3270-1.3340.
If the price drops to 1.29685, a bullish-type Crab pattern could occur.
Long after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
GAS token formed bullish BAT | A good buy opportunityHi dear friends, hope you are well, and welcome to the new update on GAS token.
Previously we caught a powerful pump of GAS as below:
Now on a 4-hr time frame, GAS has formed a bullish BAT move for another pump soon.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Synthetix (SNX) formed bullish BAT | A good buy opportunityHi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a 4-hr time frame, SNX has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade