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Harmonic Patterns

BTCUSDT Broke parallel channel!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyze BTCUSDT on lower time frame: BTCUSDT has broken the parallel channel on the 4-hour chart, and the retest appears to be complete. BTC is likely to bounce off the support levels, as BTC dominance is gradually declining. This suggests that BTC may enter a sideways movement, which could create favorable conditions for altcoins to rally. Key support zones: Primary support zone: $89,632 - $87,021 Secondary support zone: $78,567 - $75,829 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
by persis10t
BTCUSDT: likely to retest after hitting channel top!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyze BTCUSDT : Bitcoin (BTCUSDT) is currently trading within an ascending channel. After recently touching the channel's upper line, it has pulled back to the immediate support zone. A crucial support area lies within the blue box, where a potential bounce could occur. Currently, Bitcoin is testing the $103,000 support level. If this level breaks, the next significant support zone is at $98,400, which also coincides with the lower channel line. A strong bounce is likely from this level. Key Support Levels: $103,000 $98,500 $91,100 Key Resistance Level: $108,400 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
by persis10t
Bearish Butterfly Pattern at 2.0287: Potential PullbackPEPPERSTONE:GBPAUD The pair is currently forming a bearish butterfly pattern at the 2.0287 level, aligning with the 127% Fibonacci extension. This setup indicates a potential pullback toward the Fibonacci retracement levels, projected below 1.9850. This scenario implies a retest of the weekly fractal resistance, broken at 1.9884. Bearish butterfly pattern forming at the 2.0287 level. Suggests a potential pullback; Pullback target: Fibonacci retracement levels below 1.9850. Potential retest of weekly fractal resistance at 1.9884. Signs of bearish divergence emerging on the RSI. Note: Ensure proper risk adjustments and capital protection by setting stop-loss orders and managing position sizes accordingly to mitigate potential downside risk.
Short
by Andre_Cardoso
Bitcoin (BTC): Bitcoin Securing $100KWell, Bitcoin has reached our smaller target of $100K, where now we are seeing some kind of recovery. Yesterday's liquidity hunting resulted in a reversal of trend and now we are back above the support zone (which can now be considered a proper support zone). Currently we are looking at the ATHs zone as we see the surge in buying pressure but if we see any signs of weakness, then this plan will be gone and we will be looking for the 200EMA line on this timegram to be reached! Swallow Team
Long
by SwallowAcademy
MINA protocol with btc pairMina Protocol's Bright Future with Coinbase Support and Unique Technology Introduction: In the ever-evolving blockchain landscape, projects that offer technical innovations and enjoy strong backing often have promising futures. Mina Protocol is one such project, leveraging its unique technology and the support of one of the industry's most prominent players, Coinbase, to secure a special place in the cryptocurrency market. This article explores why Mina Protocol is poised for significant success by 2025. Mina Protocol's Unique Technology: A standout feature of Mina Protocol is its use of zk-SNARKs technology, a zero-knowledge proof system. This enables Mina to offer a blockchain with an exceptionally small size (approximately 22 kilobytes), which is a groundbreaking development compared to traditional blockchains. This feature not only improves scalability but also allows more users to participate using regular hardware. As a result, Mina is known as the "lightest blockchain in the world." The Importance of Coinbase Support: Coinbase, one of the world's largest cryptocurrency exchanges, has not only shown interest in Mina Protocol but also directly supported the project. This backing has two significant impacts: Building Investor Trust: Coinbase's support acts as a strong endorsement, attracting institutional and retail investors alike. Increased Accessibility: Listing Mina on Coinbase's platform has made the cryptocurrency more accessible to users and enhanced its liquidity. Growth Projections for 2025: Given its technical features and strategic backing, Mina Protocol is on a path to success. Key factors likely to drive its substantial growth by 2025 include: High Scalability: Mina's ability to handle a large volume of transactions without increasing blockchain size makes it ideal for broader applications, including DeFi and NFTs. Focus on Privacy: By leveraging zk-SNARKs, Mina offers robust privacy capabilities, catering to the growing demand for secure and private protocols. Increased Institutional Adoption: With support from Coinbase and expanding partnerships, Mina is well-positioned to capture the attention of major organizations and enterprises. Challenges: While Mina Protocol has a promising trajectory, it also faces challenges. Competition from other scalable blockchain projects and the need to attract more developers to build a stronger ecosystem are among the key hurdles. However, its innovative approach and existing support could turn these challenges into opportunities. Conclusion: With its advanced technology and strategic support from Coinbase, Mina Protocol stands out as one of the most promising blockchain projects. If it can address its challenges and expand its ecosystem, Mina is likely to experience remarkable growth and adoption by 2025. Investors and blockchain enthusiasts should closely monitor the developments of this project.
Long
by mehdi_kb
US10Y going lower as Fed has no choice but to continue cutting.More than 1 year ago (November 7 2023, see chart below), we made a bold (for the time being) call on the U.S. Government Bonds 10YR Yield (US10Y), as against the prevailing market sentiment we gave a sell signal, right after what turned out to be a top: Today we revisit this pattern, following yesterday's Rate Cut by the Fed primarily because of their statements that instead of 4, they will only proceed to 2 more cuts in 2025. We believe this to be false and expect the Fed to quickly resume the previous outlook. The chart shows that the 1M RSI Lower Highs have are consistent with the previous Bearish Reversal on the US10Y price, similar to 2006 - 2007. We are expecting to hit the 0.382 Fibonacci retracement level at 2.100%, as the Fed's Cut Cycle will be accelerated in order to meet within 12-18 months their 2% inflation target and stabilize. For better illustration we have plotted also the U.S. Interest Rate (red trend-line), where you can clearly see that the fractal we compare to today, is right before cuts started in August 2007. Also it is a natural consequence for the US10Y to fall when rate cut cycles start, evident also in June 2019, December 2000, May 1995, May 1989 September 1984, May 1981 etc. ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:US10YShort
by TradingShot
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