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Harmonic Patterns

NIO – Breakout Approaching from Apexhi Traders How are you today? Do you like NIO stock today? The price of NIO is currently sitting right at the apex of a narrowing wedge, indicating that a decisive breakout is likely imminent. This technical formation has been building for months, and the price has now tightened into a point where volatility and direction are expected to return soon. The RSI (Relative Strength Index) is showing bullish signs, with an upsloping structure despite the sideways price action, which suggests growing bullish momentum under the surface. This hidden strength adds confidence to a potential bullish breakout. We’ve identified two key upside targets for the bulls: 🎯 Target 1: $5.24 — a 45% move from current levels 🎯 Target 2: $7.70 — previous resistance and a major psychological level However, on the flip side, if the price breaks down from this pattern instead of up, we could see NIO revisit levels as low as $2.20, which would delay the bullish scenario significantly and potentially extend the consolidation phase. Summary: 🔺 At apex of wedge pattern — breakout expected soon 📈 RSI is bullish and rising, indicating potential strength 🎯 Bullish targets: $5.24 and $7.70 ⚠️ Bearish breakdown risk: Downside to $2.20 Traders should watch for a confirmed breakout or breakdown before entering, as momentum can accelerate quickly once direction is established.
NYSE:NIOLong
by vf_investment
ETH/USDT#ETH The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward. We have a trend to stabilize above the 100 moving average once again. We have a downtrend on the RSI indicator that supports the upward break. We have a support area at the lower limit of the channel at 2440, acting as strong support from which the price can rebound. We have a major support area in green that pushed the price upward at 2440. Entry price: 2500. First target: 2545. Second target: 2539. Third target: 2641. To manage risk, don't forget stop loss and capital management. When you reach the first target, save some profits and then change your stop order to an entry order. For inquiries, please comment. Thank you.
BINANCE:ETHUSDLong
by CryptoAnalystSignal
BABA – Dollar Cost Averaging Opportunityhi Traders, Let's have a look at BABA. Alibaba (BABA) appears to be approaching the end of its correction phase within a well-defined ascending channel. Based on the current price action and technical setup, we believe now is a good time to begin dollar cost averaging into this stock. Our identified buy zone lies between $108 and $100, where price intersects the lower trendline support and key EMAs (20/50/100/200). This area offers a strong risk-reward setup for medium- and long-term investors. The mid-term target for this trade is $160, which aligns with the upper channel resistance and previous price structure. However, from a long-term perspective, we anticipate that BABA will resume its growth trajectory and eventually surpass its previous all-time highs. Supporting this idea, the RSI is stabilizing in neutral territory, suggesting that momentum is resetting and may shift bullish as price finds support. Summary: 🔁 Strategy: Dollar cost averaging 🟩 Buy zone: $108 – $100 🎯 Mid-term target: $160 🚀 Long-term view: Return to growth and new ATH 📉 Correction nearing completion; bullish structure remains intact This setup offers an attractive entry point for patient investors aiming to ride the next major upside cycle in Alibaba.
NYSE:BABALong
by vf_investment
BTCUSD Halving Pic Cycle next top at 140 000 in next 3 MonthsFirst Halving (Nov 28, 2012) - Price at halving: ~$12. - Peak price: ~$1,150 (Nov 29, 2013, ~366 days later). Multiple: $1,150 / $12 ≈ 95.83x - Bottom after peak, before second halving (Jul 9, 2016): ~$185 (Jan 14, 2015, ~413 days after peak).Drop from peak: $1,150 to $185 = -83.9%. Price relative to halving: $185 / $12 ≈ 15.42x the halving price. Second Halving (Jul 9, 2016): - Price at halving: ~$651. - Peak price: ~$19,700 (Dec 17, 2017, ~526 days later). Multiple: $19,700 / $650 ≈ 30.31x. - Bottom after peak, before third halving (May 11, 2020): ~$3,122 (Dec 7, 2018, ~355 days after peak).Drop from peak: $19,700 to $3,122 = -84.2%. Price relative to halving: $3,122 / $650 ≈ 4.80x the halving price. Third Halving (May 11, 2020): - Price at halving: ~$8,800. - Peak price: ~$67,549 (Nov 8, 2021, ~546 days later). Multiple: $67,549 / $8,750 ≈ 7.72x. - Bottom after peak, before fourth halving (Apr 19, 2024): ~$15,479 (Nov 21, 2022, ~378 days after peak). Drop from peak: $67,549 to $15,479 = -77.1%. Price relative to halving: $15,479 / $8,750 ≈ 1.77x the halving price. Fourth halving (Apr 19, 2024): - Price $65,000. - Dipped to $49,577 on May 7, 2024 (18 days post-halving. Estimated multiple: ~2.21x (based on trend analysis). - Projected peak price August-November 2025: $64,000 × 2.21 ≈ $140,000. - Drop from peak: $30 000 August–September 2026 at 80% drop from peak and 0.5x of last Halving price Price Fifth Halving April 2028 $123456
BITSTAMP:BTCUSDLong
by viparmenia
7.4 Gold shocks7.4 Gold shocks Yesterday, the gold price plummeted, but did not fall below 3310. We have analyzed before that the bulls have the advantage above 3300. From yesterday's performance, we can see that the bulls are still in a dominant position. Today is the last day of this week. At present, the gold price has not fluctuated much and is fluctuating in the range of 3320-3345. The fact that it can still fluctuate under the negative data shows that the bulls are strong and there is a high probability that it will rise next week. Next, we will shift our focus to the tariff situation on July 9. If there is no definite intelligence report that it has been negotiated, then gold will still be the first choice for safe haven. If the tariff situation becomes tense, then the gold price may form a unilateral rise. If the situation eases, then the gold price may rise and then fall back. Today, it is recommended to buy near 3320, with a stop loss at 3300. The target is 3340. If my analysis can help you, I hope you can cheer me up and give me a thumbs up.
OANDA:XAUUSD
by EmilyShared256111
Gold suffered a heavy blow from non-farm payrolls! Yesterday's decline in gold prices was mainly affected by news, and such declines usually do not last too long. From a technical point of view, gold prices received support near 3322 at night, which is the key support level today. It is worth noting that on Wednesday, gold prices were under pressure in the 3340-3344 area, while on Thursday, prices formed support in this range, indicating that the area is forming a top-bottom conversion, so 3340-3345 has become an important pressure level today. It is expected to fluctuate and consolidate in the 3322-3340/45 range during the day. The impact of news on gold prices is usually short-term. When the fundamentals and technical directions are consistent, price fluctuations will be more obvious; when the two are inconsistent, price fluctuations will weaken, but will not change the technical trend. The rebound pattern established at the beginning of the week is still valid. After a short-term shock, gold prices are expected to re-stand above 3345 and continue to maintain the rebound trend.
FOREXCOM:XAUUSDLong
by DonaldJohnson