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Harmonic Patterns

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
Bitcoin BTC to $250K - BUY & HODLBitcoin went to the Moon with Dec '17 top. Then it corrected 88.6% on the Fibonacci Retracement with Dec '18 bottom. After that it went to Mars and hit the tops again in Nov '21. It was a 2000% gain. What can you tell from this? Percentage-wise, Correction is lower than the gain. So, the Dominant Trend for BTCUSD is UP! OK, back to Earth. Let's gather fuel and power-up the rocket. Time to go Interstellar. Before I go into the technical stuff, allow me to keep things simple for you. I took the liberty and measured the BTC Cycles. But you don't need to worry about that, just follow my lead! I used a fancy tool called Fibonacci Time Zones. This tells me roughly when the next Bullish Cycle for Bitcoin will start. We are on the 5th Fibonacci Summation milestone, and another 2000% gain is destined to commence. When? Early '23 , like all other Cryptocurrencies. What's the level? My ultimate levels are: 10K & 7.5K . I will buy more there. I will HODL for the long-term because I know it's a waiting game. Now you have what you came for: when & where. You can go ahead and open the next idea. :) Thank you and you're welcome. But if you capable of digesting what's to come below, then I put my hat down... Bitcoin ( BTCUSD , BTCUSDT , BTCBUSD ) Technical Analysis: * Elliott Wave Cycle: Complete V Cycle Degree (white) * A-B-C Elliott Wave Correction (red) * Ending Diagonal in Cycle C (red) * Harmonic Pattern: Cypher * 88.6% Fibonacci Retracement * 161.8% (Golden Ratio) Fibonacci Extension * Bullish Divergence * Dominant Trend Line (turquoise dotted) * Demand Zone * Fractal Pattern If you get all this without a headache then you're a legend! The Aug '15 to Dec '17 is what I'm expecting, and it's a BIG one. Good luck my fellow HODLer.. Thanks for the like, Richard, the Wave Jedi.
BITSTAMP:BTCUSDLong
by Lionheart-EWA
9
BTC Market Cycle Alert: Is a 14-Month Bear Market Ahead?Hello everyone, welcome back!Today, I want to take you through an in-depth look at BTC's market cycle based on our cyclical analysis, which has shown some remarkably consistent patterns over the past few years. In the analysis of Bitcoin's historical trends, we can observe a repeating cycle: a 15-month bullish phase, followed by a 7-month neutral or consolidative phase, and then a 14-month bearish phase. This cycle has held true across several past cycles, and the data suggests a clear pattern of shifts in sentiment and market direction. Let’s break this down: 1---The 15-Month Bullish Phase Over the last 15 months, Bitcoin experienced a steady upward trend, aligning well with our cyclical analysis that predicted this bullish phase. During this period, we saw increased investor interest, strong price action, and substantial buying pressure that pushed BTC prices higher. This phase typically reflects optimism and adoption, drawing new investors into the market. 2---The 7-Month Neutral Phase After completing the bullish run, BTC entered a 7-month period of consolidation. During this phase, prices tended to stabilize, with minor fluctuations but without a clear directional movement. This neutral phase often represents a market recalibration, where buyers and sellers reach a temporary equilibrium, and the market takes a breather. 3---The 14-Month Bearish Phase Now, according to our cyclical analysis, BTC appears ready to enter the next 14-month bearish phase. Historically, this phase tends to see lower prices, as market sentiment shifts and bearish pressures take hold. During these periods, Bitcoin has shown a pattern of gradual declines, with some sharp pullbacks as investors become more cautious, and the market enters a period of correction. This anticipated bearish phase aligns with broader cyclical data and could be influenced by various macroeconomic factors like USA Presidential Elections, tightening monetary policies, regulatory changes, or shifts in investor sentiment. In summary, if BTC continues to follow this cycle, we may see a prolonged bearish phase unfold over the next year or so. Staying informed and preparing for market changes can help navigate these potential shifts more effectively. If you found this analysis helpful, don’t forget to support my idea and hit follow for more updates on BTC, gold, US100, US30 and other key markets.
BINANCE:BTCUSDShort
by iphtikhar
BTC LONG 1 HR TP:73000 01-11-2024After observing a manipulation, we are currently witnessing a brief consolidation phase that could potentially lead to a rise towards the 72,000 - 73,000 range. Following this movement, we may either see a strong breakout or further consolidation before a subsequent decline. We will update our analysis based on the first movement. It's important to note that this analysis is on a 1-hour timeframe, so if the price does not rise within the next 20 to 30 hours, this scenario will be considered invalid. Stay tuned for updates and manage your positions wisely! #Trading #Bitcoin
Long
by ReyDragon21
3