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Harmonic Patterns

$BTC /USDT – Breakdown from Channel, Bears Gaining ControlBitcoin has broken down from its descending channel on the 4H chart after repeated rejection from the upper trendline. Price is now hovering near key support at $111,785. Key Technicals: Rejection from the descending trendline resistance Breakdown of the mini-channel structure Current price: $113,637 Support levels: $111,785 (Immediate) $106,057 $101,409 $98,398 Bearish continuation is likely if $111,785 breaks with volume If the $111.7k zone fails to hold, BTC could see further downside toward $106k and even $98k in the coming sessions. Invalidation: Bullish only on reclaim of $117K+ with strength. DYOR | Not Financial Advice
Short
by ScramblerG
BTC defies expectations –Absorbs 9 billion USD, aiming for 130K?BTCUSDT maintains its bullish momentum despite Galaxy Digital offloading 80,000 BTC (worth ~9 billion USD). Price only saw a slight dip before bouncing back quickly, signaling strong demand and a more mature market sentiment. Citi analysts point to ETF inflows and retail participation as the primary drivers of BTC’s rally, even as investors remain cautious ahead of the Fed’s rate decision. On the daily chart, BTC continues to trade within an ascending channel, with the 116,200 zone acting as a potential buy area on any pullback. The next target is set at 129,500 USDT, aligning with the channel’s upper boundary and technical resistance. Suggested strategy: Look to buy near 116,200–117,000. Target 129,500. Stop-loss below 115,000.
Long
by Rocky_trade_
4
DOLLAR INDEXDepartments Responsible for Each Economic Report Indicator Responsible Department/Source Average Hourly Earnings m/m U.S. Bureau of Labor Statistics (BLS), part of the Department of Labor Non-Farm Employment Change BLS (Establishment Survey) Unemployment Rate BLS (Household Survey) Final Manufacturing PMI S&P Global/Markit (private company) ISM Manufacturing PMI Institute for Supply Management (ISM, private sector) ISM Manufacturing Prices Institute for Supply Management (ISM) Revised University of Michigan (UoM) Consumer Sentiment University of Michigan (private/public university) Construction Spending m/m U.S. Census Bureau, Department of Commerce Revised UoM Inflation Expectations University of Michigan How the Federal Reserve Interprets “Greater Than” or “Lower Than” Forecast 1. Average Hourly Earnings, 2.Non-Farm Payrolls, 3. Unemployment Rate Higher than forecast (stronger labor market): Tight labor markets (higher wages, more jobs, lower unemployment) suggest inflationary pressure. The Fed may view this as a signal to keep rates higher for longer, as wage and job growth could fuel inflation. Lower than forecast (weaker labor market): Signals cooling in employment and wage growth, reducing upward pressure on inflation. The Fed may see this as justification to consider easing policy or at least pausing further rate hikes. 2. Manufacturing PMIs (ISM, S&P) Above 50: Signals expansion in manufacturing; below 50 indicates contraction. Higher than forecast: Points to stronger economic momentum; the Fed may see upside risks to inflation. Lower than forecast: Indicates weaker manufacturing activity; a possible sign of slowing demand, which could support rate cuts or dovish policy if persistent. 3. ISM Manufacturing Prices Higher than forecast: Suggests inflationary pressures in manufacturing input costs; Fed interprets this as a reason for vigilance on inflation. Lower than forecast: Implies easing input price pressures, supporting a dovish outlook if inflation remains subdued. 4. University of Michigan Consumer Sentiment & Inflation Expectations Stronger than forecast sentiment: Consumers are more optimistic, often a sign of solid spending potential. May amplify inflation if this leads to greater demand. Higher inflation expectations: If consumers expect higher future inflation, this can become self-fulfilling and the Fed may maintain tighter policy. Weaker sentiment/lower inflation expectations: Reduces inflation risk, gives the Fed more flexibility to ease if needed. 5. Construction Spending Higher than forecast: Indicates resilient investment and demand in the real economy. Lower than forecast: Suggests cooling real estate and infrastructure spending; may support a dovish Fed outlook if sustained. Summary Table Data Surprises Interpretation for Fed Policy Higher-than-forecast More hawkish; raises risk of persistent inflation Lower-than-forecast More dovish; reduces pressure to hold rates higher The Fed looks at the overall pattern across these data. Persistent upside surprises heighten concerns about inflation, supporting tighter policy. Downside surprises suggest cooling economic momentum and may encourage future rate cuts or pauses. The relative impact depends on which indicators surprise and the broader economic context. #DXY #DOLLAR
TVC:DXYLong
by Shavyfxhub
GBPJPY holds momentum, waiting for the final pushThe GBPJPY pair is moving sideways between 197.400 and 199.000, while maintaining its position inside the ascending price channel. Each pullback is quickly absorbed near the lower support, indicating that buying pressure is quietly building. 💡 Bullish factors supporting the trend: – UK Services PMI beats expectations, strengthening economic outlook. – BOJ maintains negative interest rates, weakening the JPY. – Risk-on sentiment drives capital back into the GBP. 🎯 Suggested strategy: Buy near 197.400 or on a breakout above 199.000. Target: 201.500 | Stop-loss: below 196.800.
Long
by Rocky_trade_
2
USOIL WTIWest Texas Intermediate (WTI) oil is a major benchmark for crude oil pricing, known for its high quality—being both light and sweet due to its low sulfur content and low density. WTI is sourced primarily from inland Texas and is the underlying commodity for oil futures traded on the New York Mercantile Exchange (NYMEX). The main physical delivery point is Cushing, Oklahoma, a critical U.S. oil storage and trading hub. Current Price (as of August 1, 2025) WTI crude oil is trading around $69.15–$69.36 per barrel. Recently, WTI prices have seen volatility due to global economic factors, including U.S. tariffs, OPEC+ production, and shifts in oil demand. Despite a small decline on the day, oil prices have posted their strongest weekly performance since June, rising over 6% for the week. Market and Outlook Recent price movement reflects concerns about global trade tensions, new tariffs, and their impact on economic growth and energy demand. At the same time, supply risks remain due to geopolitical factors such as potential sanctions on Russian oil and U.S.-China trade developments. Analyst forecasts for the remainder of 2025 suggest continued volatility, with WTI potentially ranging between $56 and $73 per barrel, influenced by demand, OPEC+ decisions, and geopolitical events. Quick Facts Table Feature Detail Type Light, sweet crude Benchmark NYMEX (U.S.), major global reference Main Delivery Point Cushing, Oklahoma Latest Price (Aug 1, 2025) $69.15–$69.36 per barrel Typical Drivers U.S. tariffs, OPEC+ decisions, trade policy, supply risks, global demand WTI oil plays a central role in global energy markets, serving as a benchmark for North American and international oil pricing. Its price reflects both supply fundamentals and broader macroeconomic and geopolitical developments. #OIL #WTI
FX:USOIL
by Shavyfxhub
FUNUSDT Forming Bullish ReversalFUNUSDT is currently forming a bullish reversal pattern, signaling a potential shift in market momentum after a prolonged consolidation. This pattern, combined with a steady increase in trading volume, suggests growing investor interest and the possibility of an upcoming trend reversal. The structure aligns well with historical price action, where FUN has previously bounced from similar technical setups, making this an attractive chart for swing traders and medium-term investors. The volume profile shows accumulation behavior, typically seen before major breakouts. This reflects the confidence of larger market participants entering at lower levels. If FUNUSDT confirms the breakout above resistance zones, the next leg up could lead to a potential price surge of 140% to 150% from current levels. Given its relatively low market cap and recent technical developments, the upside potential remains significant if momentum sustains. What adds to the bullish thesis is the overall pattern integrity supported by clear trendline reactions and support zone validation. FUN has also maintained a healthy base formation, which often precedes explosive upward moves. A close above key resistance with volume confirmation would likely attract more traders and potentially push FUN into price discovery territory. Keep this altcoin on your watchlist as it presents a high-reward setup supported by solid technical foundations and increasing trader sentiment. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!
Long
by Alpha-GoldFX
Gold Approaches Key Reversal Zone After Liquidity Sweep.Gold has recently broken out of a parallel channel during the New York session, followed by a strong upward move triggered by the NFP (Non-Farm Payroll) news event. Currently, the market is trading near a key trendline resistance zone. In this area, the price has also swept the liquidity residing above recent highs, indicating that potential buy-side liquidity has been taken out. This level now becomes critical for observation. If the market forms a Market Structure Shift (MSS) or provides any valid bearish confirmation — such as a strong rejection candle, bearish engulfing, or a break of lower timeframe support — then there is a high probability that a downward move may follow from this zone. As always, conduct your own research (DYOR) and wait for price action to confirm the bias before executing any trades. Acting on confirmation rather than assumptions protects both capital and strategy.
OANDA:XAUUSDShort
by TradeCraft_FX
#SUI/USDT Update – Bounce Setup from Demand Zone?#SUI 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 boundary of the channel at 3.27, acting as strong support from which the price can rebound. We have a major support area in green that pushed the price higher at 3.20. Entry price: 3.38 First target: 3.58 Second target: 3.65 Third target: 3.80 To manage risk, don't forget stop loss and capital management. When you reach the first target, save some profits and then change the stop order to an entry order. For inquiries, please comment. Thank you.
Long
by CryptoAnalystSignal
SOL - Support Broke, Is This Just a Retest Before The Pump?Solana just lost a key structural level on the 4H chart — the former range high (~163–166), which had acted as resistance throughout June and flipped to support in mid-July. Price is now sitting just below this zone, forming a weak retest without any real bullish momentum. This setup often leads to trap scenarios: either a fast reclaim (bullish deviation) or a clean continuation to the next demand. So far, the price is holding below the EMAs and failing to reclaim lost ground — not a bullish look. 📌 Confluence for Further Downside: Break and close below prior support EMA 50/100 acting as dynamic resistance No bullish divergence present (if RSI confirms) Weak volume on current bounce attempt If sellers stay in control, eyes are on the next demand zone around 144–146, which supported the last major breakout. Conversely, a clean reclaim above 166 and back inside the range would flip bias neutral-to-bullish. Bias: Bearish unless 166 is reclaimed Invalidation: Break above 177–180 (EMA cluster) Next Key Support: 144–146 Potential Setup: Short on failed retest / Long on demand reaction Do you see this as a breakdown or a trap? Let me know 👇
by Quant_Trading_Pro
Bitcoin’s Game Has Changed: Fresh Support Zone, Targets Sky-HighHey Dear Friends, Until recently, Bitcoin had been stuck in a range between 112,331 and 105,344 for quite some time. But that range has now been clearly broken. So, what does this mean? This zone, which used to act as resistance, is now expected to flip and act as support. According to my weekly trading model, the long-term target levels I’m tracking for Bitcoin are: 127,818 – 137,000 – 146,000. Since this is a weekly setup, it might take a while for these targets to play out. Even if we see pullbacks to the 112K, 105K, or even 100K levels, I expect to see strong buying pressure from that zone. I’ll keep sharing regular updates as this setup develops. To everyone who’s been supporting and appreciating my work—thank you, truly. Your encouragement means the world to me and keeps me motivated to keep showing up. Much love to all of you—I’m grateful we’re in this journey together.
BINANCE:BTCUSDLong
by TraderTilki
SUI/USDT Update – Bounce Setup from Demand Zone?In the previous analysis, we highlighted a short opportunity near $4.20, which played out perfectly. Now, SUI has reached a key demand zone around $3.40–$3.55, overlapping with the lower boundary of the ascending channel and a previously defined bullish order block. 🔹 Market Structure: After breaking the bullish structure, price is now revisiting a major liquidity zone between $3.40 and $3.55. 🔹 Price Behavior: Wicks to the downside suggest buy-side absorption and potential for short-term reversal. 🔹 Possible Scenario: If the $3.40 zone holds, we could see a corrective move up to the supply zone around $3.90–$4.00. 📌 Key Levels: • Support: $3.40–$3.55 • Resistance: $3.90–$4.00 ❗️If the $3.40 support fails, bullish momentum will likely be invalidated in the short term. 🧠 Pro Tip (SMC-based): When a demand zone aligns with liquidity sweep and channel support, it often becomes a high-probability area for institutional re-entries. Wait for a clear confirmation like BOS or bullish engulfing candle before entering. ⸻ 🔗 Like, share, and follow for more Smart Money & Elliott Wave-based insights!
Long
by CryptoPilot
Litecoin H4 | Bullish bounce off 50% Fibonacci supportLTC/USD is falling towards the overlap support and could bounce to the take profit Buy entry is at 101.85, which is an overlap support that lines up with the 50% Fibonacci retracement. Stop loss is at 97.43, which is a pullback support that aligns with hte 61.8% Fibonacci retracement. Take profit is at 110.38, an overlap resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (tradu.com ): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Global LLC (tradu.com ): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
TRADU:LTCUSDLong
by Tradu
GER4O1. Head of the European Central Bank (ECB) As of August 2025, Christine Lagarde is the President (head) of the European Central Bank (ECB). She is responsible for leading eurozone monetary policy, representing the ECB at global forums, and setting the tone for financial and economic policy across Europe. 2. Fundamental Drivers of the GER40 (DAX 40) The GER40, also known as the DAX 40, is Germany's blue-chip stock market index. Its performance is driven by the following key fundamentals in 2025: Corporate Earnings & Sector Leaders: Major companies like SAP, Siemens, Allianz, and Linde have been driving index gains, contributing a significant portion of the upward momentum due to their market capitalization. ECB Monetary Policy: Multiple rate cuts by the ECB in 2025 supported German and eurozone equities, lowering yields and easing financing for businesses. Expectations of further rate cuts or stability are closely monitored by the market. Inflation Dynamics: Falling inflation across the eurozone in 2025 enabled the ECB to move from a restrictive to a more accommodative stance. Latest ECB projections see inflation averaging 2% in 2025 and slightly below target in 2026, allowing monetary loosening to persist. Energy Prices: Declining natural gas and oil prices provided relief to Germany’s energy-intensive industries, aiding profitability and supporting DAX-listed industrials. Government Policy & Fiscal Stimulus: Increased defense and infrastructure spending by the new German government under Chancellor Friedrich Merz has boosted selective sectors, including defense (e.g., Rheinmetall). Global and Domestic Economic Conditions: While the eurozone and German economies have shown resilience with modest GDP growth (ECB forecast: 0.9% growth for 2025), there are headwinds from trade tensions, consumer demand, and sectoral shifts (notably auto and chemicals). Trade Policy/Geopolitics: Ongoing global trade tensions, new tariffs, and geopolitical uncertainty remain sources of risk and volatility for the index. ECB President Lagarde has repeatedly warned that “trade tariffs are a negative demand shock” and could weigh on German growth prospects. 3. Current Outlook for GER40 (August 2025) The index gained nearly 22% so far in 2025, surpassing 24,000 and even pushing toward record highs around 24,650. AI-based and institutional forecasters project continued bullish momentum, with most calling for stability or gradual increases but noting the potential for a market correction after strong gains. Rate cuts, lower energy prices, and corporate strength are the main drivers for the recent rally, while persistent trade risks and sectoral weaknesses remain key downside risks. Despite economic fragility, especially in manufacturing and energy costs, the DAX/GER40 remains resilient thanks to monetary policy support and selective corporate strength. 4. Recent ECB Actions & Commentary At the July 2025 meeting, Lagarde and the ECB Governing Council kept rates steady after several cuts earlier in the year, citing moderate growth and disinflation as justification for their stance. The ECB remains “cautiously upbeat,” expecting a 2% average inflation rate and slow but positive economic growth. The ECB noted that further escalation of trade tensions or unexpected inflation swings could prompt new policy responses. Summary: The GER40 is currently driven by accommodative ECB policy under Christine Lagarde, robust earnings from key blue-chip companies, lower energy prices, and government fiscal stimulus. Risks include trade uncertainty, sector-specific downturns, and any reversal in global economic momentum. The ECB’s current president, Christine Lagarde, continues to play a central role in shaping the environment for German and eurozone equities. WATCH MY DEMAND FLOOR
FOREXCOM:GER40Long
by Shavyfxhub
The End of BTC correction? BTC analysis 2/8/2025In my point of view, BTC has completed its correction and is now ready for a strong upward move, potentially targeting the $137,000–$139,000 range, based on the following factors: 1. Confirmation of the Butterfly Harmonic Pattern The recent reversal occurred within the expected range of the Butterfly harmonic pattern. Typically, the XD leg in a Butterfly harmonic extends to 1.27, but in practice, this can stretch up to 1.414, which is commonly used as a flexible stop-loss zone. After testing the 1.27–1.414 range, a clear 5-wave impulse followed—testing a key trendline and making an attempt to break above the recent high. This sequence, followed by a corrective move, suggests that the broader correction may be complete. 2. Complex WXYXZ Correction Structure In my previous analysis, I underestimated the duration and depth of the correction. The wave (4) (blue), which is part of the wave (iii), has taken considerable time—likely to allow wave (5) to extend sufficiently to break above the $130,000 level. This would support the assumption that wave (5) (purple) is the extended wave. The overall corrective structure appears highly complex, and can be counted as a W–X–Y–X–Z pattern, supported by the presence of multiple internal corrections within the wave components. 3. 0.618 Fibonacci Retracement of Wave (3) Wave (4) has now reached the 0.618 Fibonacci retracement level of wave (3), which is significant. Historically, BTC’s corrections rarely retrace beyond the 0.87 level. This deep retracement suggests wave (4) is likely complete—unless price were to fall below that threshold, which would invalidate this assumption.
COINBASE:BTCUSDLong
by jirapattinn
SUI 1H – Breakdown & Retest of Key Support, But Will It Reject?SUI 1H – Breakdown & Retest of Key Support, But Will It Reject or Reclaim? Description: SUI just completed a textbook range breakdown after weeks of sideways chop between ~$3.60–$4.10. The prior support floor has now flipped into resistance, and the recent bounce appears to be retesting that structure. If this retest gets rejected, continuation toward lower support zones (potentially $3.30 and below) becomes likely. However, reclaiming and holding above $3.60 could trap late shorts and fuel a squeeze. Structure still favors bears for now, but it’s decision time. 📌 Breakdown structure 📌 Bearish retest 📌 Eyes on confirmation or invalidation This is the battle zone — stay sharp.
by Quant_Trading_Pro