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Harmonic Patterns

ADA Bullish Breakout Incoming? Key Levels to Watch! Overview: #ADA has been following a perfect harmonic pattern and has now completed it. On the 1-hour timeframe, a bullish divergence has formed, signaling potential upward momentum. But is it time to go long? Let's break it down. Key Confirmation: 🔹 Harmonic pattern completion 🔹 Bullish divergence on 1H timeframe 🔹 Price respecting key support levels 🔹 The final confirmation? A break and close above resistance! Trading Plan: 🔹 Entry: Wait for a 1-hour candle to close above resistance 🔹 Targets: TP-1: 0.78 and TP-2: 0.8250 🔹 Stop-Loss: Below recent swing low for proper risk management What’s Your Take? Do you think #ADA will break out or face rejection? Share your thoughts in the comments! Let’s discuss and trade smartly. Follow for more trade ideas!
Long
by mudusir
BTC at a Crossroads: Breakout or Breakdown?Alright y’all, let’s talk about Bitcoin’s current structure because we got a real interesting setup forming right now. BTC just had a major dump, breaking through key levels and tapping into 82,210 before catching some aggressive buyers and pushing back up. Right now, price is retesting previous support-turned-resistance around 86,742 while still struggling around the 21 EMA on the 4H. That’s a red flag for bulls because if this level holds as resistance, we could see another leg down, possibly toward 84,114 or even back to 82,210 for a double-bottom setup. What I’m Watching 👀 Right now, BTC is at a decision point. If price clears 86,742 and holds above it, I’d look for a breakout retest buy toward 92,883. But if rejection comes in strong here, I’ll be eyeing a short setup, entering around 85,300 with a target of 84,114 and 82,210 as an extended TP. Patience is key right here! We wait for confirmation—either a clean break & retest above resistance for a long OR a strong bearish rejection for the short play. Either way, we ready to secure that bag next move! 🔥🚀 Drop a 🔥 in the chat if you’re watching BTC with me this weekend! 🤑📊 #CryptoOnWeekends
COINBASE:BTCUSD
by SheenaL
1
3.3 Analysis of gold trend on Monday3.3 Analysis of gold trend on Monday Technical analysis of gold Daily level: Prices continue to fall after the big negative line, and the weekly closing is likely to continue to fall. Prices are running near the lower track of the Bollinger Bands, and the short-term moving average constitutes reverse resistance. The MACD indicator crosses downward and continues to increase, and the RSI indicator shows sufficient downward momentum. 4-hour level: The continued bearish pattern pushes the short-term moving average to extend downward, and the price runs below the lower track of the Bollinger Bands. The overall downward trend is expected to continue. Operational suggestions High-altitude thinking: Short-term resistance focuses on the vicinity of 2866, and the bears are expected to explore new lows below. If the bulls return to 2866 points, it will be regarded as a continuation of the shock, and the focus will be on the 2875 area. Support focus: The 2832-2830 area is regarded as the intraday decline limit. If this area is touched, short-term bulls can be tried. Mid-term long orders will be taken out first at 2843. Focus on next Monday: Short-term resistance above: 2875-2880. Short-term support below: 2832-2837.
OANDA:XAUUSD
by Louisa_King