Get started

Harmonic Patterns

Ena/UsdtBINANCE:ENAUSDT ### **Ena Current Price: $1.0215 💰 (Resistance Level)** The current price of **Ena (ENA)** is at **$1.0215**, which is a **key resistance level**. A **resistance level** is a price point where the asset might face selling pressure, which could prevent the price from moving higher. In simple terms, **$1.0215** is a level where traders may decide to sell, thinking that the price might not go higher. If the price holds at **$1.0215**, it suggests that buyers are still active and willing to support the price at this level, but if the price manages to break above this resistance, we could see further upward movement. --- ### **If the Price Holds at $1.0215 🚀:** - **Resistance at $1.2032 🔝**: If the price manages to hold at **$1.0215** and continues its upward momentum, the **first resistance level** to watch is **$1.2032**. This is where the price may face increased selling pressure again, which could slow down or stop the price from moving further upward. - **Resistance at $1.3543 🌟**: If **$1.2032** is broken, the next major **resistance level** is **$1.3543**. If the price reaches this point, there may be a stronger resistance, and it could act as a ceiling for the price, making it harder to go higher. --- ### **If the Price Fails to Hold at $1.0215 🚨:** - **Support Levels:** - **$0.8222 🔻**: If **Ena (ENA)** fails to hold the **$1.0215** level and starts falling, the **first support level** to watch is **$0.8222**. Support levels represent prices where the coin might find buying interest, preventing the price from falling further. If the price reaches **$0.8222**, buyers may step in, creating a "floor" for the price. - **$0.7131 💥**: If **$0.8222** doesn’t hold, the next level of support is **$0.7131**. At this point, the price could face further downward pressure, but **support** at this level may help stabilize the price again if demand picks up. - **$0.5945 🌊**: If the price continues to drop, the **final support level** is **$0.5945**. This is a crucial level because if the price falls to this point and cannot bounce back, it could indicate a deeper downward trend. --- ### **Summary:** - **$1.0215** is a **resistance level** where price might struggle to go higher. - If **Ena (ENA)** holds at **$1.0215**, resistance levels at **$1.2032** and **$1.3543** could limit further upward movement. - If the price doesn’t hold at **$1.0215**, **support levels** at **$0.8222**, **$0.7131**, and **$0.5945** might provide a "floor" for the price to bounce back. --- ### **Conclusion:** - If **Ena (ENA)** maintains **$1.0215**, it could continue to test higher resistance levels at **$1.2032** and **$1.3543**. - If the price fails to hold **$1.0215**, the support levels at **$0.8222**, **$0.7131**, and **$0.5945** could come into play, potentially preventing further declines. --- **Not financial advice!** 🚨 Always do your own research and make decisions carefully! 📈
Long
by Wolftrader1337
Nat Gas Friday 20 DecOpened with a gap of 3% on the upside. The start wasn't that good. A couple of losses were incurred at the beginning. But covered in later trades. Credit goes to "adding to the winners". XNGUSD was sometimes leading and sometimes lagging. The script gave retailers ample amount of time to think. Even though the direction of XNGUSD and Natgas against the rupee was the same there was some price slippage. Due to this getting to the conclusion was a bit tricky. As always scalpers must've exited with some profit.
MCX:NATURALGAS1!
by aadityaghate79
Pepe/UsdtBINANCE:PEPEUSDT ### **Pepe Current Price: $0.00001630 💰 (Support Level)** The current price of **Pepe (PEPE)** is at **$0.00001630**, which is a **key support level**. A **support level** is a price point where the coin is expected to find buying interest, preventing the price from dropping further. In simple terms, if the price stays above this level, it shows that buyers are willing to step in and prevent a decline. If the price manages to hold **$0.00001630**, it suggests that there could be **potential for upward movement**, as long as it doesn't break below this level. --- ### **Resistance Levels and Trendline:** - **Resistance at $0.00001764 🚀**: The **first resistance level** is at **$0.00001764**. Resistance is the price level at which the coin may face selling pressure, as more traders might decide to sell, preventing the price from rising further. If the price reaches this point, it could face difficulty breaking above it, and it may consolidate or even drop back down. - **Trendline Resistance Levels:** - **$0.00001900 🔝**: This is the first **trendline resistance**. If **Pepe** breaks through the previous resistance at **$0.00001764**, it might head towards the **$0.00001900** level. Trendlines act as visual indicators of where the price might struggle due to past price actions. If the price crosses this level, it might signal stronger bullish momentum. - **$0.00002142 ✨**: The next **trendline resistance** is at **$0.00002142**. If the price breaks through $0.00001900, the next barrier will be around this level. Here, the price might again face more selling pressure, and it could be a tough level to break if there is not enough buying interest. - **$0.00002353 💥**: The **final resistance** level is **$0.00002353**, which is the highest point in your analysis. If the price manages to surpass **$0.00002142**, it could then aim for this level. If it breaks this point, it may signal a major upward movement, as this could be the last major resistance preventing further gains. --- **Note**: This is **not financial advice**. Always conduct your own research before making any trading decisions. 📊
by Wolftrader1337
AAVE thesis by Titan_KarmaMarket Overview The current market sentiment suggests a moderate bullish outlook, with a recommendation to HOLD or BUY the existing position. The asset is trading at $305.57, slightly below the open position price of $305.60, indicating a marginal decline but within a consolidation range. Key Technical Indicators Stop-loss: Positioned at $300.00, providing a safety net against potential downward volatility. Take-profit: Targeted at $310.00, reflecting a reasonable resistance level to maximize gains. Exit Point: Advised at $305.81, offering an opportunity for partial profit-taking just above the current price. Confidence Level The confidence level for this strategy is 75%, signaling cautious optimism. While the risk-reward profile is favorable, traders should remain vigilant for shifts in price momentum. Correlation with BTC The asset shows a neutral correlation with Bitcoin at 0.05, implying minimal influence from BTC's price movements. This provides room for the asset to move independently based on its own market dynamics. Position Analysis Current Open Position: One long position opened at $305.60, showing negligible unrealized loss. Short Positions: None active, suggesting a lack of bearish sentiment. Risk Management Strategy Tight stop-loss ensures downside protection at $300.00, while the take-profit level at $310.00 secures a favorable upside. Traders should monitor the $305.81 exit point for partial profit-taking and re-evaluate market conditions if the asset approaches this level. Recommendation Continue to HOLD the current long position, with a potential BUY opportunity if prices drop near the stop-loss level without breaching it. Monitor market trends closely and adjust risk management parameters as necessary to account for any changes in sentiment or volatility.
by titankarma
Is BITCOIN DOOMED? OUR NEXT TRADE IDEA!In today's video we go though the market dynamics, starting from the higher time frames all the way down to the lower timeframe to construct where our next profitable trades lie As a group, we are looking to capitalize on the long and short side waiting for out clear confirmations before entry. Trades include, daily deviation plays, range plays and internal continuation and reversal plays. Keep an eye out on the next video where we talk trading psychology - must watch ! 🔔Enquire for 121 lessons / academy #500FOLLOWERS 🎉 #500GIVEAWAY 🎁
by Trade-Journal
2
Apt/UsdtBINANCE:APTUSDT **Aptos (APT) Current Price: $10.62 💰** - The current price of **Aptos (APT)** is at **$10.62**, which is a key **support level** for the price. This means that if the price holds around this level 📊, it could potentially prevent it from dropping further. Support levels act like a "floor" for the price, where demand (buyers) is strong enough to keep the price from falling. --- **If Price Holds at $10.62 🛑, Resistance Levels Ahead:** - **Resistance at $12 🚀**: The first major resistance level is around **$12**. This is a price point where there might be enough selling pressure (sellers) to slow down or stop the price from rising further. Think of it like a "ceiling" where the price could hit and struggle to break above. - **Resistance at $13 🌟**: If the price breaks through $12, the next resistance is at **$13**. This is another level where the price may face increased selling pressure, making it harder for the price to go higher. However, if it breaks this resistance, it could signal further bullish momentum (more upward movement). - **Resistance at $13.52 💥**: The final resistance level is around **$13.52**, which is likely the strongest point where the price could face significant resistance. If the price reaches this point and struggles to break through, it could signify a potential reversal or consolidation in price. --- **Summary:** - **Support at $10.62** 🔻: If the price holds this level, it might bounce back up. - **Resistance Levels at $12, $13, $13.52** 🚀🌟💥: These are the points where price could face difficulty moving higher. If the price breaks through these, it could continue to rise. --- **Not Financial Advice!** 🚨 Always remember to do your own research, as market prices can be volatile! 📈📉
by Wolftrader1337
GBPJPY BUY | Idea Trading AnalysisGBPJPY is moving in an UP trend channel, is trading along the rising support And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at The chart broke through the dynamic support, which now acts ... We expect a decline in the channel after testing the current level. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Long
by TheGrove
14
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support zone and and made a head & shoulder pattern The chart is above the support level, which has already become a reversal point twice. We expect a decline in the channel after testing the current level. We expect a decline in the channel after testing the current level Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Short
by TheGrove
16