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Shark

MY OWN LONG TERM VIEW FOR THE KING FIRST lets dive to the volume profile analysis the last bullish wave has strong HVN & poc not tested , NOTE ( it doesn't have to be tested every time ) but the king looks like looking for strong base to taking off again also i have to mention that price just touch the V A for the bullish wave thats why we expect rejection and bullish wave but i don't think its will be strong enough SECOND we have the bearish wave still has bearish momentum i sew the pos fallen step by step so what we need its consolidation and build the base to move the poc below the price THIRD we keep in eye the shark pattern on the weekly chart we just need the D confirmation then will got a nice reverser pattern
by ConcordDeath
1
Bullish Shark Potentially Targetting 38k-48k on the WeeklyWe may see a spike down during the weekend but despite that we do have an oversold condition while BTC sits at the 1.13/1.618 Pattern Completion Zone of a Bullish Shark Visible on the Weekly and if it plays out we could see it rally up between a 0.382 at the least and a 0.55-0.618 Fibonacci Retracement if the pivot is strong. If BTC wicks down during the weekend and triggers my stop but comes back up to the original entry zone then i will reenter though preferably BTC will just go up from here without any stop hunting.
COINBASE:BTCUSDLong
by RizeSenpai
flirting at the neckline (bullas tp)lotta bear confluence here...which is my local bias. i do think recent low was a longer-term bottom we will range at for a lil while but nfa... resistance is 2pi arc of the smaller circle you see (radius = between those two tops) bearshark zone as well (included some bull harmonic possibilities) ihs neckline ihs and hs "fakeouts" are actually just PA following a curved neckline imo (just like irl :-) ) ...trendlines are not straight NFA...expect the unexpected! a break here would be bullish to mid-twenties imo (w/successful retest)...lots of alts looking juicy if that happens
INDEX:BTCUSD
by FinanciallyCodependently
Shallowest Retracement for BTC to Complete Bullish Shark is $10kDrawing a bullish shark pattern, starting at the Covid crash in 2020, the shallowest retracement to meet the requirement for the pattern is the .886 which lands us at $10,109.08. The deepest retracement (1.13) would land us at $3,143.90. The Shark is the only M-shaped harmonic that I am aware of where the second peak is higher than the first peak. I drew it using the XABCD tool. Not sure if that's weird but I believe I'm still able to draw the shark correctly. Not sure if there is a better tool to use for this?
BITSTAMP:BTCUSD
by wuliwong
GBPUSD-Weekly Market Analysis-Jun22,Wk3What we witness is the move that we had engaged and shared before the actual move was made in this Bearish Shark Pattern setup. It took 2 weeks after completion for it to went past our target1, but the movement is worth it, a 348pips move and what the trader is required to do is to engage the trade, place the stop-loss and target profit level and wait for the market to fulfil the order. This week GBPUSD will be the most volatile pair and that's because both UK and US is going to have their rate decision and both countries are likely to increase their bank interest rate. Stay away from this pair if you are not ready to manage it.
Short
by RaynLim