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Harmonic Patterns

BTC LONG 2HR TP:73000+ 01-11-2024 I have published a comprehensive analysis on a 2-hour timeframe, setting an ambitious target price of 73,000. This level presents an interesting opportunity for traders looking to capitalize on market movements. It’s crucial to stay vigilant and monitor market fluctuations and potential signals that could influence this trade. Always remember to manage your risk effectively to protect your capital. Wishing you all the best in this trade, and let’s hope to see positive developments in the coming hours! #Trading #Bitcoin
Long
by ReyDragon21
14
We are very close to a full blown out bullrun in 2025"The whole model consists of 5 submodels: 0. Days t since GB to normalized blocks h = Blocks/210k piecewise linear transformation (Preliminary step). 1. Power Law (log-log linear regression) over h. BTC = h^5.4*10^1.5 2. Diminishing return bands. -0.79^(h+0.9)<deviation of Log10(BTC) from the Log10 of the PL <+5/3*0.79^(h+0.9) 3. Harmonic oscillator with diminishing amplitude. Sin(2pi*h) 4. Time delay learning curve G(h)/2pi. 5. Lines and zones inside the bands. That is all. Nothing else! Just verify the math." Leo Heart
BITSTAMP:BTCUSD
by axelrodd
2
Overview of the MNT Token by Bybit!Today, I’d like to share an exciting project – the MNT token, part of the ecosystem of the popular Bybit exchange. 🎯 Why does MNT deserve attention? One of the main advantages of this token is the ability to earn passive income! MNT holders can participate in Launchpad and Launchpool, earning new tokens simply by holding the asset. This is particularly attractive for those looking to generate income without selling their asset. 💰 Growth Potential 📈 At the moment, the token's price appears highly promising for purchase, and the chart shows significant growth potential. I’ve identified an entry point with a risk-reward ratio of 1/10, making it even more attractive for investors. Personally, MNT is one of my favorite tokens, so get ready to hear more about it! 😎
Long
by CHOWTRADE
2
NFP Set to Rock Gold: Last Opportunity for a Well-Timed ShortMarket analysis: Brothers, today's gold market continues to be bearish! The short orders arranged before the release of yesterday's data have brought us a lot of benefits, and we have seized the lucrative profits of the decline in gold. Tonight, heavy data will be released one after another: the US October non-farm employment data, unemployment rate and ISM manufacturing PMI index will form a triple impact on the gold market. These data are expected to put bearish pressure on gold, but considering the sharp drop the day before, today's downside may be limited because the market has partially digested the bad news. Therefore, today may be the last short-selling opportunity this week. Next week, with the landing of the US election, the market is expected to turn to favor gold. So how to arrange it, you can look at the candlestick chart, 2756-2758 is currently an important pressure point, so the strategy before the data is released is to short the market near this pressure point! Trading strategy: Layout before data release: short in the key pressure area of ​​gold Take profit target: 2735-2740 Stop loss setting: 2770 Strategy ideas to follow the trend: As the last trading day of this week, we will arrange short orders before the data is released, and start to arrange long orders next week to follow the trend. Detailed strategies and operation points have been released to each VIP member. If you need further guidance, please join the VIP group to get exclusive strategies!
OANDA:XAUUSDShort
by Falcon-Training-Camp
BTC AI Thesis - TodayInvestment Thesis As a trader specializing in intraday scalping strategies, the current market conditions for Bitcoin (BTC) present a mixed outlook. The analysis is executed every 25 minutes, allowing for dynamic adjustments to optimize profits and minimize losses. With a time thesis of 4 hours, the focus is on capitalizing on short-term price movements. Data Analysis Open Interest: Increasing, indicating heightened market activity. Weighted Funding Rate: Remains positive, suggesting a bullish sentiment among traders. Liquidation Levels: Higher occurrence of short liquidations, reinforcing the bullish bias. Analysis: The rising open interest and positive funding rate support a bullish sentiment in the market. The higher number of short liquidations indicates that bearish positions are being liquidated, which can propel the price upward. However, continuous monitoring is essential to detect any sudden shifts in market sentiment. CoinMarketCap Data Current Price: $70,731.8400 Market Capitalization: Approximately $1.3 trillion. Circulating Supply: 19 million BTC. 24-Hour Trading Volume: $157,865,192, reflecting active market participation. Liquidity Score: High, supporting ease of entry and exit in trades. Market Cap Fluctuations: Continues to grow, reflecting strong investor interest. Analysis: The substantial trading volume and high liquidity score indicate strong market interest in BTC, supporting the scalability of intraday scalping strategies. The growing market cap reflects increasing investor confidence and sustained demand for BTC. Sentiment Analysis Sentiment Score: 75%, indicating a prevailing bullish sentiment in the crypto market. Top Crypto Sentiments: "Bullish" and "Buy," aligning with the current market conditions. Implications: The strong bullish sentiment suggests potential for upward price movements, supporting the decision to hold long positions. However, traders should remain vigilant for any shifts in sentiment that could impact market dynamics. Recent News Highlights: Lack of Significant Negative Developments: Recent news does not present major threats to BTC's price. Social Media Sentiment: Remains positive, further supporting a bullish stance. Analysis: The absence of negative developments and the continuation of positive social media sentiment create a supportive environment for BTC trading. This stability allows for the continuation of current trading strategies without the need for abrupt adjustments. Binance Data Volatility Index: Moderate, suggesting manageable risk levels for scalping. Order Book Dynamics: Strong buy walls indicate potential support levels. Price Action Signals: Bullish candlestick patterns reinforce upward momentum. Analysis: The moderate volatility and strong buy walls provide a conducive environment for scalping. Bullish candlestick patterns indicate potential for short-term price increases, aligning with the overall bullish sentiment. Technical Analysis (Enhanced) Relative Strength Index (RSI) 1-Day (1d) Chart: 55.8200, indicating a neutral stance but approaching overbought conditions. 4-Hour (4h) Chart: 60.0000, nearing oversold levels. 1-Hour (1h) Chart: 53.5900, suggesting a neutral position. 15-Minute (15m) Chart: 49.7300, indicating potential oversold conditions. Interpretation: While the daily RSI indicates a neutral stance, the 4-hour RSI nearing oversold levels and the 15-minute RSI suggest opportunities for short-term rebounds. MACD (Moving Average Convergence Divergence) Status: Currently bullish crossover on the 15-minute timeframe. Interpretation: The bullish crossover on the 15-minute chart offers potential entry points for long positions, despite a generally cautious outlook from longer timeframes. Bollinger Bands Current Position: Price is breaking above the upper band at $72,000, suggesting strong upward momentum. Implications: A breakout above the upper Bollinger Band indicates sustained bullish momentum, presenting opportunities for further price appreciation. Moving Averages MA20: $70,500 MA50: $69,000 Price Position: Currently above both MA20 and MA50, suggesting a continuation of the bullish trend. Stochastic Oscillator Status: Entering the overbought region, indicating potential bullish momentum. Interpretation: The Stochastic Oscillator's movement into the overbought region supports the possibility of a short-term price increase, aligning with bullish momentum. Average True Range (ATR) Status: Rising, indicating increasing volatility. Implications: Higher volatility presents both opportunities and risks for scalping strategies. Traders should adjust stop-loss and take-profit levels accordingly to manage potential sudden price movements. Summary of Technical Indicators RSI: Neutral on the daily chart, nearing oversold on the 4-hour chart, and neutral on the 1-hour chart. MACD: Bullish crossover on the 15-minute chart. Moving Averages: Price above MA20 and MA50 supports the bullish trend. Bollinger Bands: Price breaking above the upper band suggests strong upward momentum. Stochastic Oscillator: Entering overbought region indicates potential bullish momentum. Volatility Analysis Average True Range (ATR): Rising, indicating increasing volatility. Implications: Higher volatility is favorable for scalping, providing more significant price movements that can be capitalized on. However, it also increases the risk of rapid losses, necessitating strict risk management strategies. Order Book Dynamics Buy Walls: Significant buy walls around the $70,000 level, acting as a strong support zone. Sell Walls: Sell walls near $72,000 may cap upward movements. Analysis: Strong buy walls provide a safety net against significant price drops, while sell walls can limit upward price movements. Traders should monitor changes in order book depth to anticipate potential shifts in market sentiment. Price Action Signals Candlestick Patterns: Recent patterns indicate bullish reversal signals, particularly on the 1-hour chart. Breakouts/Reversals: Watch for breakouts above resistance at $72,000 or reversals at support levels to guide entry points. Momentum Indicators Stochastic Oscillator: Entering overbought region on the 15-minute chart, suggesting a potential reversal if confirmed by other indicators. Momentum Indicators: Indicate a slight uptick, supporting the possibility of a short-term bullish move. Market Sentiment Real-time sentiment analysis indicates a cautious optimism, with traders anticipating potential bullish movements. Trade Recommendation Outcome: OPEN_LONG Confidence Level: 85% Current Price: $70,731.8400 Stop Loss: $69,500 Take Profit: $72,000 Exit Point: $71,500 Entry Signal Criteria Timeframe: 5-minute RSI: Above 60 MACD: Bullish crossover ATR: Rising, indicating increasing volatility Bollinger Bands: Price breaking above the upper band Stochastic Oscillator: Entering overbought region Action Plan Monitor the Price Closely: Breakout Strategy: If Price Holds Above $72,000: Action: Consider maintaining or adding to the long position. Adjust Stop Loss: Tighten the STOP_LOSS to $71,500 as the price approaches resistance levels to minimize potential losses. Take Profit Strategy: As Price Approaches $72,000: Action: Consider taking profits. Adjust Exit Point: Move the EXIT_POINT to $71,500 to secure profits. Risk Management: Set Stop Loss at $69,500 to limit potential losses. Take Profit at $72,000 to capitalize on expected price movement. Exit Point at $71,500 as an intermediate target. Be Prepared to Act: If RSI Falls Below 50: Action: Indicate a potential reversal; consider taking profits or adjusting positions accordingly. Monitor Market Sentiment: Stay informed about any changes in market sentiment or technical signals that could impact the trade outcome. Important Considerations Only recommend OPEN_LONG when enhanced indicators align to signal a strong entry point. Avoid entries during high-risk periods. Continuously monitor for sudden changes and adjust the strategy to prevent losses due to unexpected price movements. Assumptions/Limitations This analysis is based on current market conditions and available data. Rapid market changes may affect the accuracy of predictions. Always consider personal risk tolerance and market volatility when trading. ¡¡Updates!!: x.com
Long
by titankarma
10yr TreasuryGoing into NFP, before a POTUS election and FOMC guidance next week, the 10yr has been quite a moving train these last few weeks. There are too many gaps to be filled to call any lower pricing target. With the November contract taking over volume yesterday we may see some calming down while the fundamentals reveal themselves these next few business days. I'm sure most new home buyers or potential buyers would appreciate some retracement on this run since it will reduce the 30yr mortgage rate. For some USDA purchasers the 5yr may also hold some relevancy. Also, as a side note the 10yr has either dipped (.2% to .5%) or went sideways when reading the last 5yrs of price action (Oct31st-Nov25th zone).
TVC:TNXShort
by j_nathan