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Harmonic Patterns

SEIUSDT Poised for a Move? Watch These Key Levels Closely!Yello Paradisers! Could SEIUSDT be gearing up for its next significant run? After a bullish stretch during this market rally, SEIUSDT has pulled back, settling at a critical support zone. Let’s dive into why this setup could lead to an exciting opportunity. 💎#SEIUSDT has retraced to a major support zone that previously acted as resistance, located between 0.3527 and 0.3308. On the daily timeframe, the price has shown respect for this level, hinting at potential strength for a rebound. 💎Notably, a bullish deep crab formation is shaping up, with the D leg yet to be fully realized at 0.2962. This alignment with the ascending trendline further supports the case for a potential upward move once D completes. 💎If support holds and the bounce confirms, look for SEIUSDT to test 0.4079 as the first resistance. The next target lies at 0.4446, followed by a major zone between 0.4948 and 0.5195. 💎While the completion of the D leg at 0.2962 could be a deeper retrace scenario, the current action around 0.3527 to 0.3308 suggests there might be enough strength to propel the price higher without further dips. 💎The bullish outlook will be invalidated if SEIUSDT closes below the trendline and the D leg support level of 0.2587. Trade smart, stay vigilant, Paradisers, and remember—discipline and strategic patience are essential for navigating this market successfully. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
MICROSOFT has bottomed. Dont miss this once/year buy opportunityMicrosoft (MSFT) has been trading within a Fibonacci Channel Up since the October 2022 market bottom following the Inflation Crisis. Since the August 05 2024 Low on the 1W MA50 (blue trend-line), the stock has struggled to get detached from it and stage a sustainable rally. This prolonged volatility can be seen however on both previous Lows of the Channel Up, while the price was attempting to price a bottom. Technically it is around the same levels as February - March 2023 (again below the 1W MA50). As you can see, this kind of buy opportunity emerges roughly once a year on MSFT and posts a rise or roughly +50% from the bottom, with the last Higher High priced on the 1.5 Fibonacci extension. As a result, our long-term Target is now set at $550. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:MSFTLong
by TradingShot
3
Bitcoin (BTC): Dumped 8% (Might Fall More)Bitcoin has made movement to our smaller CME gap (that we been aiming since the end of last week). After 8% of marketprice movement, we filled that CME gap and now price has slightly bounced from 200EMA. We have some more CME gaps on lower zones so keep an eye on them (ideally we need to see yet another touch to trend line here) P.S. Be careful, as today and overall this week markets will be very volatile thanks to elections in the US! Swallow Team
Short
by SwallowPremium
2
NASDAQ rally still at its start. Very high upside post electionsExactly 3 months ago (August 05, see chart below) when Nasdaq (NDX) erased the gains of 3 months and was sold-off to its 1W MA50 (blue trend-line) we posted the following idea using the 2-year Fibonacci Channel Up on the index, claiming that it was the best buy entry in recent months: The buy turned out to be very effective as the index rebounded aggressively and last week made a 3-month High. Ahead of the U.S. elections today and the natural short-term volatility that they will inflict on the market, we decided to bring that chart forward again, as it will help keep an unbiased long-term perspective that will filter out the short-term noise. As you can see the index held its 1D MA50 (red trend-line) last week despite the sharp pull-back. The price remained within the 0.382 - 0.5 Zone of the Fibonacci Channel, while the 1W RSI is holding its MA (yellow trend-line). Every time the index got in a similar situation within this Channel Up, it still had much upside left before it topped. At the same time, we are just below the 0.5 Fib level of a projected +47% rise from the August bottom (sequence of Bullish Legs since the start +49%, then +48%, next +47%), a symmetric pattern showing the strong potential of the index, as long as the 1W MA50 (blue trend-line) holds. For the 1st Stage of the current Bullish Leg, we have a minimum Target of 22500 for the end of the year, which represents the rally that the May 27 2024 and January 01 2024 pull-back rebounds had that held the 1D MA50. As for the full length of the Bullish Leg, which is our long-term Target, we still expect the index to complete a +47% and reach 25400. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US100Long
by TradingShot
2
USOIL / TRADING IN SENSITIVE AREA / 4HUSOIL / 4H TIME FRAME HELLO TRADERS Current Price Context: • The price is currently trading within a supply zone defined by the levels of 72.30 and 71.47. This suggests that there is significant selling pressure in this range. Scenario Analysis: • First Scenario (Bullish): If the price breaks above the supply zone (specifically, if a 4-hour candle opens above this range), it is expected to rise towards a higher supply zone between 75.37 and 76.16. This indicates a bullish outlook if the resistance level is overcome. • Second Scenario (Bearish): If the price breaks below the supply zone, it suggests a decline towards a demand line around 69.66, with potential further drops to levels at 68.12 and 66.78. This indicates a bearish outlook if the support level is broken. General Market Condition: • The overall sentiment is described as being under “upward pressure,” suggesting that, despite the current resistance, there is a prevailing bullish trend or sentiment in the market.
TVC:USOILLong
by ArinaKarayi
BTC to reach 110k by the end of mayFor a long time BTC has been zoning around the 23k level. This was indeed a big step up from the 16k level it had been zoning around for a terrifyingly long time as well. As you can see in the chart, everything is about to change. The green lines point towards a clear upward move anywhere near the next 3 weeks. If this happens indeed, i would expect a small bounce back before reaching the 100k or even the 110k within the next 3 months. follow for more advice! ps: do your own research, im not accountable for your investments.
BITSTAMP:BTCUSDLong
by carefulFlaming53589
14
KO Long PositionHi Traders Coca-Cola Company (KO) is in an uptrend since October '23, reaching higher highs and higher lows. It recently broke its previous resistance level, which was between $63.5 and $65. When the price confirms this price range as a new support level - by not dropping below it - it also means that the uptrend is still valid and that taking a long position is very reasonable (since this would mean that we're in the lower part of the new price range). The bullishness of this stock is also indicated by its revenues and earnings, since both metrics have had a positive surprise value on the last eight measurements. This means that the company is doing very good and, thus ,the technical analysis gets reinforced by the fundamental analysis. Furthermore, KO's RSI indicates that the stock is a bit oversold right now and that this could be a good moment to take in a long position. I would suggest to enter this trade between the pre-market price of $65.2 or the lower bound of the support level, which amounts $63.5. I would set a target at the new resistance level of $73. I would put a stop-loss at $61.7. This trade has a risk/reward ratio of 2.5, if you enter at the price level of 65.2 and a risk/reward ratio of 4.8 if you enter at the price level of $63.5.
NYSE:KOLong
by vf_investment
1
TROYUSD turned Parabolic. Buy on the next pull-back.Troy (TROYUSD) broke last week above the Lower Highs trend-line of the Accumulation Phase of the Bull Cycle and even though it failed to close the 1W candle above it, the current week started with extremely strong buying pressure that topped last week's High. Even though we will need the closing above the Lower Highs at the end of the week, the current buying pressure confirmed that the trend has turned parabolic. It is technically similar to the January - February 2021 rally that turned parabolic and reached as high as the 1.786 Fibonacci extension. Having formed at the same time a Bullish Cross on the 1W MACD, we expect a minor pull-back as on February 15 - 22 2021 that will allow for a better entry. Our Target is naturally the 1.786 Fib at 0.012000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, 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 us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TROYUSDLong
by TradingShot
2