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Harmonic Patterns

WOO/USDT Ready for Breakout After Long Consolidation!Chart Analysis (1D Time Frame): This WOO/USDT chart shows a potential breakout setup after months of accumulation and downward pressure. 📉 Descending Trendline Resistance: The price has been in a steady downtrend since December 2024, repeatedly rejecting from a descending resistance line. 🟨 Strong Accumulation & Support Zone (0.0540 – 0.0643 USDT): A strong horizontal support zone has formed since April 2025. Price has bounced multiple times from this area, indicating growing buying pressure. 📈 Breakout Potential: If WOO breaks above the descending trendline with strong volume, this could signal the start of a major bullish move. 🎯 Potential Upside Targets (Key Resistance Levels): 1. 0.0798 USDT – Initial breakout confirmation. 2. 0.0963 USDT – First bullish target. 3. 0.1334 USDT – Medium-term target. 4. 0.1916 USDT – Aggressive target. 5. 0.2544 USDT – Extended bullish continuation target. 6. 0.3655 – 0.3844 USDT – Long-term major resistance zone. ⚠️ Risk Note: A fake breakout is possible if the volume is weak. If price breaks below the accumulation zone, the bearish trend may continue. 📌 Conclusion: WOO is at a critical decision point. A confirmed breakout from this descending structure could trigger a significant bullish rally. A must-watch setup for both traders and investor.
Long
by CryptoNuclear
GOLD Trading: trategy: Look to SELL at resistance zone,downtrend🎯 Trade Setup: Entry Zone (Sell Limit): 3,353 – 3,357 USD Stop Loss (SL): 3,375 USD Take Profit (TP): 3,280 – 3,283 USD Risk-Reward Ratio: Approximately 1:3 → suitable for 2–4 session swing trades. 📊 Technical Analysis: 1. Overall Trend: GOLD is clearly in a downtrend, confirmed by: A descending trendline connecting recent lower highs. Price consistently forming lower highs and lower lows. 2. Indicator-Based Analysis: 🔹 SMA 89 (Purple Line): Price is trading below the 89-period SMA, confirming bearish momentum. SMA89 acts as a dynamic resistance, and the 3,353–3,357 zone aligns with this resistance level. 🔹 BB20 (Bollinger Bands): The upper band sits near 3,383, close to the SL zone → validating 3,375 as a proper stop. Price is currently bouncing from the lower BB, so a rejection from the mid-to-upper band is likely, supporting a SELL setup. 🔹 Volume Analysis: Volume is decreasing during this recent rebound, indicating: Weak bullish pressure, typical of a corrective move. The rally lacks conviction → strengthens the bearish case.
CAPITALCOM:GOLDShort
by HungDaoGlobalTrading
#Nifty directions and levels for June 26:Here are the market directions and levels for June 26: Market Overview There have been no major changes in both the local and global markets. The global market continues to show bullish sentiment, while our local market is still maintaining a moderately bullish bias. However, Gift Nifty is indicating a positive start of around 30 points today. So, what can we expect today? The higher-degree structure shows positive signs, but the lower time frame is still reflecting a range-bound market. Open interest data also appears bullish. So, if the market breaks above the previous high, we can expect a further continuation of the rally. On the other hand, if the market faces rejection around that level or if it starts with a decline, the range-bound movement is likely to continue.
NSE:NIFTY
by Manickamtraders
1
RIOT / 2hThe retracement up in wave B has reached the anticipated target at 10.38, although that's not traced out like a flat or zigzag formation in a three-wave sequence. A following decline of 20% lies ahead to develop the wave C as a final subdivision of the ongoing correction in wave (2). Trend Analysis >> The trend remains correct downward in the Intermediate degree wave (2), which will take just a couple of weeks to thoroughly develop. The retracing down targets >> 8.20 >> 7.93 >> 7.67 #CryptoStocks #RIOT #BTCMining #Bitcoin #BTC
NASDAQ:RIOT
by ElliottChart
WULF / 2hAs anticipated, an expected spike high pointed well to the extreme of the diagonal's 4th wave at 4.14 today. Wave Analysis >> The expanded diagonal in an ending formation will soon conclude the entire correction in ongoing wave b(circled). Now, a further decline of 15% lies ahead on the last subdivision of the ending diagonal wave (c). The retracement target remains intact >> 3.20 Trend Analysis >> The trend will turn upward very soon to a Minute degree impulsive wave c(circled) after completion of correcting down in the same degree wave b(circled). #CryptoStocks #WULF #BTCMining #Bitcoin #BTC
NASDAQ:WULF
by ElliottChart
Could BTC Hit \$160,000 Before 2026? As of **June 2025**, Bitcoin trades near **\$61,000**. But based on historical patterns, market signals, and macro trends, here’s a bold scenario that could unfold: **📊 Key Signals:** * The **2024 Bitcoin halving** cut new supply by 50%. * **Institutional Bitcoin ETFs** now control over 6% of circulating BTC. * **U.S. rate cuts** expected Q3 2025 could trigger a flood of new capital. * **Global unrest** pushing investors toward alternative stores of value. **🔥 Mind-Blowing Prediction:** If Bitcoin follows even half of its average post-halving surge, we could see **\$150,000 BTC before March 2026**. That’s a **+145% gain from today’s price** — within historical norms: * 📈 2020 post-halving: +300% * 📈 2016 post-halving: +600% **⚠ Risks remain:** regulations, market shocks, or ETF outflows could stall momentum. **✅ Bottom Line:** If Bitcoin’s history repeats (or even rhymes), \$150k is not impossible — and 2025 could be the setup year. #Bitcoin #BTC #CryptoPrediction #CoinMarketCap
VANTAGE:BTCUSDLong
by IPatrice
XAUUSD 26.06.2025-Formation of the market: The geopolitical situation brought strong uncertainty in the expectations of market participants, due to which the asset lost 4.5% of its price from the last high, and re-entered the wide consolidation channel 3300-3380. -Forecast: In the medium term, the main movement is likely to be in the consolidation range of 3300-3380. The price could probably reach the imbalance/gap range of the opening session at 3365 and then return to test the support level at 3300. -News Background: The situation in the Middle East has turned peaceful, but it is worth watching for further developments as tensions remain. The main focus on economic events is now centered on the PCE Index, which could trigger a move towards one of the consolidation channel boundaries.
OANDA:XAUUSD
by Viatre
CLSK / 2hAccording to the prior analysis, NASDAQ:CLSK continued to retrace up by 5.5% today, as expected. Wave Analysis >> The retracement in impulse c of the flat correction in (x) may have ended at 10.74 today, and the anticipated following decline of 25% will soon develop a three-wave sequence abc as wave (y) to conclude the entire correction in ongoing wave ii(circled). The retracing down target >> 7.93 Trend Analysis >> After the conclusion of the entire correction in the Minute degree wave ii(circled), the trend will turn upward soon to an impulsive third wave in the same degree. #CryptoStocks #CLSK #BTCMining #Bitcoin #BTC
NASDAQ:CLSK
by ElliottChart
Canadian Dollar vs. US Dollar. The Spring Is Compressing.In previous posts, we have already begun to look at the key drivers of the US outperformance over the past decade. The US market dominance has been largely driven by the rapid rise of tech giants (such as Apple, Microsoft, Amazon and Alphabet), which have benefited from strong profit growth, global market reach and significant investor inflows. Unsatisfactory International Performance Markets outside the US have faced headwinds including multiple stifling sanctions and tariffs, slowing economic growth, political uncertainty (especially in Europe), a stronger US dollar and the declining influence of high-growth tech sectors. The Valuation Gap By 2025, US equities will be considered relatively expensive compared to their international peers, which may offer more attractive valuations in the future. Recent Shifts (2025 Trend) Since early 2025, international equities have begun to outperform the S&P 500, and European and Asian equities have regained investor interest. Global market currencies are also widely dominated by the US dollar. Factors include optimism around the following three big themes. DE-DOLLARIZATION. DE-AMERICANIZATION. DIVERSIFICATION. De-dollarization is the process by which countries reduce their reliance on the US dollar (USD) as the world's dominant reserve currency, medium of exchange, and unit of account in international trade and finance. This trend implies a shift away from the central role of the US dollar in global economic transactions to alternative currencies, assets, or financial systems. Historical context and significance of the US dollar The US dollar became the world's primary reserve currency after World War II, as enshrined in the Bretton Woods Agreement of 1944. This system pegged other currencies to the dollar, which was convertible into gold, making the dollar the backbone of international finance. The United States became the world's leading economic power, and the dollar replaced the British pound sterling as the dominant currency for global trade and reserves. The dollar has been the most widely held reserve currency for decades. As of the end of 2024, it still accounts for about 57% of global foreign exchange reserves, far more than the euro (20%) and the Japanese yen (6%). However, this share has fallen from over 70% in 2001, signaling a gradual shift and prompting discussions about de-dollarization. How De-Dollarization Works Countries looking to reduce their reliance on the dollar are pursuing several strategies: Diversifying reserves: Central banks are holding fewer U.S. dollars and increasing their holdings of other currencies, such as the euro, yen, British pound, or new alternatives such as the Chinese yuan. While the yuan's share remains small (about 2.2%), it has grown, especially among countries like Russia. Using alternative currencies in trade: Countries are entering into bilateral or regional agreements to conduct trade in their own currencies rather than using the dollar as an intermediary. For example, China has introduced yuan-denominated oil futures (the "petroyuan") to challenge the petrodollar system. Increasing gold reserves: Many countries, including China, Russia and India, have significantly increased their purchases of gold as a safer reserve asset, reducing their dollar holdings. Developing alternative financial systems: Some countries and blocs, such as BRICS, are working to develop alternatives to the US-dominated SWIFT payment system to avoid the risk of sanctions and gain true economic and political independence. Reasons for de-dollarization The move towards de-dollarization is driven by geopolitical and economic factors: Backlash against US economic hegemony: The US often uses dollar dominance to impose sanctions and exert political pressure, encouraging countries to seek financial sovereignty. Rise of new economic powers: Emerging economies like China and groups like the BRICS are seeking to reduce their vulnerability to U.S. influence and promote regional integration and alternative financial infrastructures. Geopolitical tensions: Conflicts like the war in Ukraine have intensified efforts by countries like Russia to remove the dollar from their reserves to avoid sanctions. Implications and outlook While the dollar remains dominant, a more de-dollarized world is already changing global economic power. The U.S. may lose some advantages, such as lower borrowing costs and geopolitical influence. For the U.S. economy, de-dollarization could lead to a weaker currency, higher interest rates, and reduced foreign investment, although some effects, such as inflation from a weaker dollar, could belimited . For other countries, de-dollarization could mean greater economic independence and less exposure to U.S. policy risks. However, no currency currently matches the dollar’s ​​liquidity, stability, and global recognition, so a full transition is unlikely in the near future . Summary De-dollarization is a complex, ongoing process that reflects a gradual shift away from the global dominance of the U.S. dollar. It involves diversifying reserves, using alternative currencies and assets, and creating new financial systems to reduce dependence on the dollar. Driven by geopolitical tensions and the rise of emerging economic powers, de-dollarization challenges the entrenched role of the dollar but is unlikely to completely replace it anytime soon. Instead, it is leading to a more multipolar monetary system in international finance, increasing demand for alternative investments to the U.S. Technical task The main technical chart is presented in a quarterly breakdown, reflecting the dynamics of the Canadian dollar against the US dollar FX_IDC:CADUSD in the long term. With the continued positive momentum of the relative strength indicator RSI(14), flat support near the level of 0.70 and a decreasing resistance level (descending top/ flat bottom) in case of a breakout represent the possibility of price growth to 0.80, with the prospect of parity in the currency pair and strengthening of the Canadian dollar to all-time highs, in the horizon of the next five years. -- Best wishes, Your Beloved @PandorraResearch Team 😎
by PandorraResearch