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Harmonic Patterns

Hi chances on reversalMorning folks, So, by introducing $Trump Token, old Donny has put the start of global US Dollar devaluation. And Melania probably will add today... All our short-term targets are done - weekly grabbers and H&S failure has worked fine, BTC has challenged the top of 108K. We consider this action as hype and emotional. Mostly due euphoria around D. Trump inauguration. Due to oversold on Monthly and Daily time frames, chances on reversal are significant. So we intend to watch for DRPO "Sell" pattern on weekly chart. Still, Donny could tell us a lot today, and madness could continue a little bit. We do not exclude that BTC could try to reach nearest upside extension around 113.5K before reversal starts. We do not call right now for taking short positions, let's see what will be on Thu, prefer to wait for patterns and signs for reversal first. But we call to consider long positions close or, at least tight stops around them. Take care.
COINBASE:BTCUSDShort
by Sive-Morten
(XAUUSD) GOLD ABOUT TO FLY OR CRASH ...Hello Everyone here is My Today's #XAUUSD (GOLD) Market Analysis Please Check it & Share Your Opinions in Comments Section, thanks 🙏 Today on Monday 13 January 2025 Gold is currently trading at 2671 with a key pivot point at 2675. The Market’s next movement depends on its behavior around this critical level: 📉Bearish Scenario: If Gold reamain below the pivot point (2675) it is likely to test the first #Support levels at 2666 and 2660. Further downside momentum could push it into the #Demand_Zone at 2650 and 2644. 📈Bullish Scenario: As long as #Gold remains above the pivot point (2675) it is expected to maintain a bullish trend. The first resistance levels are at 2690 and 2696. Breaking above these levels could open the path to targets at 2706 , 2715 and 2726 For the long term, watch for potential resistance at 2740 and 2746. 📊Key Levels 📊Pivot Point: 2675 📉Support : 2666, 2660, 2650 📈Resistance: 2690, 2696, 2706 📈Targets : 2706, 2715 , 2726 📈Long Resistance: 2640 2646 📊Trend Outlook 📈Bullish trend above 2675/2685 📉Bearish while Below 2675/2670 If You Like my Analysis Don't Forget to Like Follow & Comments 👍
FOREXCOM:XAUUSDShort
by Gold_Global_Club
11
Public trade #11 - #BTC price analysis ( Bitcoin )At the moment, the CRYPTOCAP:BTC price is making an A-B-C correction within the channel quite harmoniously. The idea is as follows: 🔽now the market is correcting for a few days and the lower the better. 🔼And then on January 20, Trump will be inaugurated and, as the “messiah,” he will “make life easier” for crypto investors by some decree and the market will break out in growth. 1️⃣ So the first stop of the OKX:BTCUSDT correction should be around $93-94k, and from there, growth can break up to $110k. 2️⃣ The second option is a correction of the #Bitcoin price around $86-87k. ❗️ It's also worth remembering that 29.01.25 is the announcement of the “fresh” Fed Funds rate. And given the fact that inflation has increased this month, the Fed's rate cut is in jeopardy, at best it will be left unchanged. P.S: Please excuse the fact that there are so many levels on the chart, but they work well and can be used in trading!) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
12
Ethereum (ETH): Ready For Another Bullish Movement ?Ethereum has done a proper correction, correcting the price for 20% and now we seem to be heading toward the upper zones for another push here. We are looking for a price to head now toward the ATHs after a successful re-test of the local support zone. This seems an ideal setup, so let's see how it will go. Remember, we have not yet reached even close to the ATH zone while Bitcoin took the lead so time for ETH to follow up 😉 Swallow Team
Long
by SwallowAcademy
1
"Gold Approaching Resistance: Correction on the Horizon?"This chart of GOLD (XAUUSD) highlights a key resistance zone (marked in red) that has proven challenging for the price to break. The price is currently testing this ceiling and shows potential for a downward correction. Key observations: Resistance Zone: Around the 2740-2780 area, indicating significant selling pressure. Trendline Support: A strong ascending trendline suggests a potential support level during the expected correction. Projection: The price is anticipated to reject from the resistance zone, heading downward toward the trendline or key support levels. This setup implies a short-term bearish correction before potential bullish continuation, depending on how the price interacts with the trendline support.
OANDA:XAUUSDShort
by SOPHIA_06