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Harmonic Patterns

Analysis of #InternetComputer (ICP) 🔍 Analysis of #InternetComputer (ICP) Internet Computer (ICP) is currently trading near a key support level at $6.470. If the coin can hold this level, we might see a significant upward movement. Potential Upside Targets: $11.918: The first target if the price starts rising. $17.414 and $21.820: Additional targets if momentum continues. $25.373: The maximum target if a strong breakout occurs. Expected Scenarios: Bullish Scenario: If the price breaks out upward, the targets may be reached gradually. Bearish Scenario: If the price drops below support, we may see further declines.
Long
by VIPROSE
BTC has the potential to continue to rise from its current posit Leverage and Position Sizing: Use 10x leverage. Initial position size: 20%-30% of total capital. If key levels are broken, consider increasing position to 30%-40%. Entry and Confirmation: Enter a light long position around $69,455, waiting for the 1-hour RSI to break above 50 for confirmation of an upward trend. If price breaks above $70,200, consider adding to the position. If it fails to break and starts to pull back, reduce the position to manage risk. Take-Profit and Stop-Loss: Short-term targets: $70,200 and $72,000 for taking profits. Stop-loss: $68,705 (about 1.5x the ATR range). Risk Management: Monitor volume and RSI for trend confirmation. Adjust position size and take-profit levels based on market volatility to ensure risk control with the 10x leverage.
COINBASE:BTCUSDLong
by KeplerResearch
Is Hero MotoCorp Set for a Bullish Turn..?HERO MOTO CORP has experienced a significant decline of approximately 24% from its all-time high. This downward trend has been marked by a clear trendline that, as of late, has been broken, indicating a potential shift in market momentum. Additionally, a failed breakout was observed at the support level around 4920, which could enhance the likelihood of a rebound or upward movement in the near future. It's important to note that the company's quarterly earnings report is scheduled for November 4. This upcoming announcement could be critical in influencing market sentiment and should be carefully considered before making any trading decisions.
NSE:HEROMOTOCOLong
by Kartik_Elkunchwar
IRCTC Weekly Analysis: Bearish Setup Ahead of Results IRCTC’s stock is showing signs of weakness on the weekly timeframe, with a clear head-and-shoulders pattern that suggests potential downside risk. Currently trading around 831, IRCTC is facing resistance at the 847 level, which acts as a critical barrier for bulls. A close above this level on a weekly basis would be needed to invalidate the bearish outlook, potentially reversing the trend. However, if IRCTC fails to reclaim 847, we could see increased selling pressure in the coming sessions. With earnings results due on November 4th, there is added uncertainty in the market. If the results disappoint, the stock could break further down, targeting the Fibonacci support levels around 806, 778, and potentially as low as 730. Each of these levels aligns with key Fibonacci retracements, offering possible points where buyers might step in. For investors and traders, caution is advised as we head into the results. A sustained move below 847 could open up substantial downside risk. Bulls will need a strong catalyst from the earnings report to push the price back up and change the trend. Watch these levels closely, and manage your positions accordingly.
NSE:IRCTCShort
by TheSnop
1
CHFJPY is in a Bearish Structure after Breaking the SupportHello Traders In This Chart CHFJPY HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (CHFJPY market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
1
GBPUSD is in the Selling Direction after breaking suPportHello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
Bitcoin's Squeeze in price is building momentum upwards I hope you are well this Sunday. If you have been following my Bitcoin thread this weekend, you will know that price has further to fall, if the Bitcoin market is to tank downwards. What I am saying is that we are in a squeeze moving price down and up which contracts price and causes the squeeze effect, which quite frankly is needed in circumstances where volumes are again low this weekend. But this squeeze is building momentum in the Bitcoin tank. Bitcoin price has recently tested the level just under 69000 which is a big support level. Unfortunately some Stop Losses would've been triggered and price has taken the liquidity and moved higher. I never like to promote a stop loss level to someone, but I think it's reckless if I do not in circumstances where price tanks. Please take a look at a recently Daily Chart of Bitcoin. I present Fib Levels & Fib EMA's 8,13,21,55. Both are supportive of price to move higher from current levels. 69,000 and thereabouts is the support zone and I think this level will hold.
EIGHTCAP:BTCUSDLong
by Easy_Explosive_Trading
BTC EXTREEMLY BULLISH ON WEEKLY CHART!!🚨 Warning: For the brave-hearted only! 🚨 BTC is looking extremely bullish on the weekly timeframe! We just saw a hammer candlestick form at the “bottom” of this trend — a textbook bullish reversal signal! 📈 🎯Targets🎯 I have a minimum target of: 35% to 52% upside based on the recent price structure and strength of this hammer. 📊 Invalidation 🔴 Invalidation: If we break below the previous low on this chart, that could spell trouble, but until then — it's game on! 🎯 Disclaimer: 🚨 This is not financial advice — As always, trade responsibly and make sure to double-check which way is “up.” 😂
BITSTAMP:BTCUSD
by RhinoAkaBear
Puff / Usdt BYBIT:PUFFERUSDT Current Price Analysis Current Price: 0.3184 At this juncture, the price of 0.3184 serves as a crucial level for traders. This price point can be viewed as a pivot: if it holds, it may indicate bullish momentum, while a breach below it could signal a shift toward bearish sentiment. Potential Resistance Levels Should the price manage to hold above 0.3184, traders will want to closely monitor the resistance levels that could come into play. These levels are significant because they represent price points where selling pressure might increase, potentially halting upward momentum. The identified resistance levels are: 0.3312: This level is the first hurdle. If the price breaks through here, it could attract more buyers, setting the stage for further gains. 0.3633: If the price surpasses 0.3312, this next resistance point may serve as a more substantial barrier. Often, traders will look to this level to assess whether the upward trend is strong enough to continue. 0.3894: Finally, if the asset breaks through both of the previous levels, 0.3894 could be a significant target. Many traders view this level as an opportunity to take profits, leading to increased selling pressure that could reverse the upward trend. Potential Support Levels Conversely, if the price does not hold at 0.3184 and begins to decline, it is essential to identify support levels where the price may find buying interest. These support levels are critical because they can serve as safety nets for investors, indicating where prices might stabilize or bounce back. The identified support levels are: 0.2883: This is the first major support level to watch. If the price falls below 0.3184, many traders will monitor this level closely. A bounce at this point could suggest that buyers are stepping in. 0.2434: Should the asset break below 0.2883, the next significant support is at 0.2434. This level might see increased buying activity as traders look to capitalize on a lower price. The Importance of Market Context Understanding the dynamics of resistance and support is not merely a technical exercise; it requires awareness of the broader market context. Factors such as economic data releases, earnings reports, geopolitical events, or changes in market sentiment can all influence price movements. For example, if positive news emerges regarding the asset or its sector, it may propel the price through resistance levels. Conversely, negative news could trigger sell-offs, pushing the price toward support levels. Conclusion In summary, keeping a vigilant eye on the current price of 0.3184 and the corresponding resistance and support levels is essential for effective trading strategy. By identifying these key levels—0.3312, 0.3633, and 0.3894 for resistance, and 0.2883 and 0.2434 for support—traders can make informed decisions about entering or exiting positions. Moreover, considering the overall market conditions and relevant news will further enhance the analysis, allowing for a more nuanced understanding of price movements and trends. This comprehensive approach will empower traders to navigate the complexities of the financial landscape with greater confidence. Disclaimer : It's not Financial Advice
PLong
by Wolftrader1337
Gold Referring to my previous idea about gold and healthy retracement is required which is logical for me and it happened, gold is reminding me by strong man who dont accept loss at all, so the retracement is just a rest from accelaring extended bull run rally .. any way about gold and from my point of view maximuim retracemnt is up to 2683 2695 levels . Also level 2713 is god but im giving gold achance to take breath, uptrend will continue to marked targets . "" gold is strong man who Dont accept loss""
OANDA:XAUUSDLong
by Egyqat2022
ETH to $25K - No Joke - BUY & HODLEthereum is at levels not seen since the Crypto Stone Age. The Crypto Markets will start BOOMING! ETH ( ETHUSD , ETHUSDT , ETHEUR ) is getting ready to go Bullish. When? Early '23. The Fibonacci Time Zones and Cycles tell me that the 3rd Fibonacci Summation is NOW. So, I reckon Cryptos are getting ready for something BIG. I do see a last drop before that though. From Jan '18 until Dec '18 ETH had a whooping 94% crash. We're only at 82% from Nov '21 top. So I am waiting with buying interest for a much better level. I am buying big dips, adding value. If you look at the Ellipse, Ethereum is doing the same pattern it did on the previous Bear Market. Hmmm... I've decided on my best BUY level: $550 . Technical Analysis: * Elliott Wave A-B-C Pattern * Jan '18 - Dec '18 Fractal Sequence * 88.6% Fibonacci Retracement * Harmonic Pattern: Bullish Cypher * Fibonacci Extensions Confluence * Bullish Divergence * Demand Zone What more do you need? Oh yeah, a much better price. :D We went to the Moon, now let's go to Mars!
BITSTAMP:ETHUSDLong
by Lionheart-EWA
11
DCW- Analysis Bullish Levels -Day closing above (early entry-risky) 53 or 57 safe entry above 63 Long term major expected target :- 108 Intermittency targets :- 68, 73, 79, 85, 91, 96, 102, Bearish Level - Below 43 then 39 then 33 below this more bearish *Comment or message me if you wish to see my analysis for any stocks. **Disclaimer -  I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.
NSE:DCWLong
by PrashantTaralkar
7
UNFI/USDTUNFIUSDT 2-hour chart, an uptrend can be observed after a series of market structure changes and a recovery from a weak low. The price recently broke through a local resistance level, moving above 1.6710, confirmed by a change of character (CHoCH), which indicates a potential trend reversal. For a long forecast, the following key resistance levels could serve as targets: 1.6715 — the nearest resistance level where the market reaction should be monitored. 2.0285 and 2.2247 — significant levels that may act as medium-term growth targets. 3.3505 and 8.4055 — higher resistance levels that could be achievable in the long term if the trend continues to strengthen. Additionally, indicators like RSI and MACD are also showing positive signals, increasing the likelihood of continued growth.
ULong
by potfew345