Harmonic Patterns
ETHUSDT 1WAfter completing the Harmonic Bat pattern, the price encountered increased selling pressure. Over the past two years, it has never dropped below the 200-week moving average, which has acted as a strong support level. We need to see if it will hold again this time.
If the weekly candle close ends up below this moving average, it won’t be favorable for Ethereum. In that scenario, it might be wise to stay away from ETH for a while until a better technical setup emerges.
Up or DownAs we can see in the chart, on December 24th, Bitcoin's price reached its climax, moving cleanly without further structures to follow. Since then, the price has formed micro-structures and is now attempting to create a much larger one that would allow it to advance—a megaphone pattern (D).
If this megaphone were completed with an upward move today, it could catapult the price above $149K. With each passing day, the potential price target increases. However, to form the full megaphone, a base had to be established, which is what we are seeing now. On December 24th, a structure was formed that facilitates a return to the $107K level and also helps determine the price range where the megaphone's base (C) could be finalized, between $86K and $77.6K.
Today, a bull flag (B) has formed within a falling wedge (A), and the price movements align with this pattern, which aims to return to the apex before continuing the upward move. However, even if the price surges due to the bull flag breakout, I believe it might retrace again to continue building the base of the megaphone, which is quite broad.
Possible Completion of this stage of drop.We have a nice 5 leg drop so far and now we're current threatening the double bottom.
If we fail to make a new low today I think we'll trade 6080 again.
Picked up longs and lotto calls today.
Would love to see this bounce for a short.
Out my shorts accumulated during the drop.
Possible Quick Flush and Bigger Bull Trap Now. I'd say we're now at the point where BTC bulls have the best chance of a low. We're filling a bullish butterfly and if all is well and good with the world this can moon.
However, the failure of a bullish butterfly in this situation is a strong foreteller of a crash. There are a variety of ways a 1.61 can fail here. The immediate fail one usually has us slam to the 2.20 and then make a spike out bull trap (that's really sharp and aggressive).
So if we see a flush to around 80, this is where I plan to lock in profits and potentially fish for some longs.
But if that move hits, I do firmly think it's a sell the rip.
AMZN butterfly & $192.The stock trend of Amazon (AMZN) in 2024 showed significant upward movement, with the price reaching a peak of $230 and a low of $145 during the year, driven by strong market performance and investor confidence.
However, In 2025 based on technical analysis, the formation of a Butterfly harmonic pattern suggests a highly probable correction toward the $190 level .
This pattern, often appearing after an extended bullish trend, indicates a potential reversal. Given the current market dynamics, the likelihood of such a drop is considerable.
Investors should closely monitor key support levels and prepare for possible downside risks while making informed decisions.
SEYED.
Bitcoin dominance is ready to dieRetail thinks this cycle is going to play out like 2021 because most weren't here to witness 2017 and now tradingview free version doesn't allow you to see any data before May 2021, so everyone is going to be so scared and traumatized in March, that they'll think it's better to tether 50% and buy Bitcoin only, then you'll see Bitcoin Dominance drop dramatically starting April, all through May with some chop first week and finally an alts peak on June 14th. Some Alts will pull off a sweet 2000%
The big obstacle for retail is many no longer have access to 2017 data.
Pay attention to Litecoin, it looks identical to its own price action of April end of 2017.
Shorters are going to get super rekt because they are over confident now, they are getting wet and over horny here calling the great depression too early.
Most will get sidelined and double rekt on the upside due to the PTSD of 2019, 2020, 2022, 2023 and 2024.
Also pay attention to Bitcoin pairs, top 50 alts are green right now,
OTHERS.D has more than bottomed and is ready too.
Altseason is very close, but I suspect March will start with a relief pump and will then be boring flat month.
Start of April will kickstart true alt season.
May will be euphoric
Better sell by or before June 14th.
That's the top for altcoins.
Bitcoin top is hinting a July 4th peak.
Other low alts will moon in August.
Dow Theory Part 1 | Univers Of Signals AcademyWelcome to the Educational Content Section of Our Channel Technical Analysis Training
We aim to produce educational content in playlist format that will teach you technical analysis from A to Z. We will cover topics such as risk and capital management, Dow Theory, support and resistance, trends, market cycles, and more. These lessons are based on our experiences and the book The Handbook of Technical Analysis
🎨 What is Technical Analysis?
Technical Analysis (TA) is a method used to predict price movements in financial markets by analyzing past data, especially price and trading volume. This approach is based on the idea that historical price patterns tend to repeat and can help traders identify profitable opportunities.
🔹 Why is Technical Analysis Important?
Technical analysis helps traders and investors predict future price movements based on past price action. Its importance comes from several key benefits:
Faster Decision-Making: No need to analyze financial reports or complex news—just focus on price patterns and trading volume.
Better Risk Management: Tools like support & resistance, indicators, and chart patterns help traders find the best entry and exit points.
Applicable to All Markets: Technical analysis can be used in Forex, stocks, cryptocurrencies, commodities, and even real estate.
Understanding Market Psychology: Charts reveal investor emotions like fear and greed, allowing traders to react accordingly.
📌 Real-Life Example
Imagine you own a mobile phone shop and want to predict whether phone prices will go up or down in the next few months.
🔹 Fundamental Analysis Approach
You follow the news and see that the USD exchange rate is rising, and phone manufacturers plan to increase prices. Based on this, you predict that phone prices will go up soon.
🔹 Technical Analysis Approach
You analyze past price trends and notice that every year, phone prices tend to increase before the New Year. This pattern has repeated for several years, so you assume it will happen again. As a result, you buy stock before the price hike and make a profit.
This example shows that technical analysis allows you to make decisions based on past market behavior without relying on external news.
📊 Introduction to Dow Theory
Today, for the first part of our lessons, we will begin with Dow Theory, which was developed by American journalist Charles Dow. Many traders still use this method for analysis and trading.
Dow Theory is one of the fundamental concepts in technical analysis, developed by Charles Dow, the founder of The Wall Street Journal and co-founder of the Dow Jones Industrial Average (DJIA). This theory provides a structured approach to understanding market trends and price movements and is still widely used today by traders and analysts.
Dow Theory consists of six core principles, which we will explain in detail:
📑 Principles of Dow Theory
1 - The Averages Discount Everything (Not applicable to crypto)
2 - The Market Has Three Trends
3 - Trends Have Three Phases
4 - Trend Continues Until a Reversal is Confirmed
5 - The Averages Must Confirm Each Other
6 - Volume Confirms the Trend
💵 Principle 1: Price is All You Need
According to this principle, all available information is already reflected in asset prices. This includes economic data, political events, earnings reports, trader expectations, and even market sentiment.
If a company releases strong earnings, its stock price might not rise significantly because investors had already anticipated this and bought in advance.
❗ Why This Is Important
Technical analysts focus on price movements rather than external news since all information is already factored into the market.
Instead of reacting to news, traders analyze historical price trends to predict future price movements.
📊 Principle 2: The Market Has Three Types of Trends
Dow Theory states that markets move in three types of trends, each occurring over different timeframes:
1 - Primary Trend: This is the main movement of the market, dictating the long-term direction, and can last for years.
2 - Secondary Trends: These are corrective movements that run opposite to the primary trend. For instance, if the primary trend is bullish, the corrective trend will be bearish. These trends can last from weeks to months.
3- Minor Trends: These are the daily price fluctuations in the asset. Although minor trends can last for weeks, their direction will always align with the primary trend, even if they contradict the secondary trend.
💡 Final Thoughts for Today
This is the end of this part, and I must say we have a long journey ahead. We will continually strive to produce better content every day, steering clear of sensationalized content that promises unrealistic profits, and instead, focusing on the proper learning path of technical analysis.
⚠️ Please remember that these lessons represent our personal view of the market and should not be considered financial advice for investment.
2.27 Summary of gold technical analysis2.27 Summary of gold technical analysis
Current market situation
Price range: Gold prices have recently fluctuated between 2880--2955, and the range has narrowed to 2900-2920 in recent days
Key support and resistance
Support level:
2900-2903 area: If the price stands above this area, it is expected to continue to rise to 2925 or higher.
2882: If the price falls back to this level, you can consider participating in long orders.
Resistance level:
2935-2940: Important short-term resistance, it is expected to rise further after breaking through.
2860: If it falls below this level, it may confirm that the gold price trend has peaked, ending the unilateral pull-up that has lasted for 3 months.
Operational suggestions
Short-term strategy:
Pullback long: Look for long opportunities in the 2900-2903 area or around 2888.
Short on rebound: Consider shorting around the 2935-2940 area, but be cautious.
2.26 Today's important gold price range: 2890-29302.26 Today's important gold price range: 2890-2930
Yesterday's gold market fell significantly, especially during the US trading session, showing a waterfall-like decline, from a high of 2953 to a low of 2888, a drop of $65, the largest single-day drop in recent months.
Technical analysis:
4-hour chart:
Resistance level: around 2936-2940, an important short-term resistance area.
Support level: 2910 mark, a key support level that needs to be paid attention to during the day.
Long-short watershed: 2900 mark, above which the market may continue to fluctuate widely.
Daily chart:
The gold daily level is still fluctuating widely, and the 2900 mark is the watershed between long and short strengths.
If the price can hold above 2900 points, the market may continue to fluctuate; if it falls below 2900 points, it may fall further.
Operation strategy:
Long strategy:
Entry point: 2908-2912.
Cover position: 2900.
Stop loss: 2894.
Target: 2935-2940. If it breaks, you can continue to hold.
Short strategy:
Entry point: 2936-2940.
Stop loss: 2946.
Target: 2910-2915.
Operation suggestion:
Follow orders carefully: In the middle position (such as 2920-2930), it is recommended to wait and see more and do less, and avoid blindly following orders.
Key point entry: Patiently wait for the price to approach the key support or resistance level before entering the market, and avoid frequent operations in the volatile market.
Bitcoin Breaks Major Support: Time to Enter Short Positions...?Bitcoin has recently broken through a crucial support level of $92000 on the daily timeframe, following almost three months of consolidation. It may be prudent to hold off on entering a short position until a retest of the $92000 level occurs. The next significant support area to consider is approximately $73000, which could serve as a target for any potential short positions.
BTCUSD NEXT MOVE BRIEF ANALYSIS IS HERE!Bitcoin (BTCUSD) is currently trading near a strong demand zone, indicating a potential bullish reversal setup.
🔹 Key Levels & Zones:
Strong Demand Zone: BTC has entered a high-liquidity support area around $84,900 - $86,000, which has previously acted as a reversal zone.
Potential Upside Target: The first key resistance level is at $89,300, while a breakout could push BTC towards the $92,400 - $92,500 range.
Stop-Loss Consideration: Below the demand zone low to minimize downside risk.
🔹 Trade Plan & Expectations:
Bullish Reversal Setup: The current price action suggests that Bitcoin is forming a higher low within a demand zone, which may result in an upward move.
Breakout Confirmation: If price holds above $87,000, a push toward $89,000 - $92,500 is likely.
Bearish Invalidations: If price breaks below $84,900, the bullish setup may get invalidated, signaling further downside.
📈 Bullish Bias: A strong entry point is forming in the demand zone with a high reward-to-risk setup targeting key resistance levels.