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SOLUSD Bullish Bat Pattern Thesis – 4H & DailyI'm monitoring SOL for a potential bullish Bat harmonic reversal pattern developing on both the 4H and Daily timeframes. The Bat pattern is a high-probability harmonic formation that can signal trend exhaustion and a reversal, especially when confirmed at the D leg, which typically completes between the 0.886–0.9 retracement of the X-A move. 4H Chart Structure: The price is currently correcting after a local top, with recent lower lows forming potential A, B, and C legs in sequence. Key Bat Levels: X-A: Local swing high to low, establishing the pattern's root. A-B: Retrace to ~0.382–0.5 of X-A. B-C: Moves higher, ideally hitting around 0.382–0.886 of A-B. C-D: Final leg down, targeting the 0.886 retracement of the X-A origin. Criteria: Watch for a bullish reaction in price and supporting indicators (volume spike, bullish candle formation, positive divergence) at/near the 0.886 retracement. Confirmation from order flow or divergence indicators adds confluence. Daily Chart (D) Pattern Fractal: The Daily shows a broader corrective move that could echo the 4H pattern, with a larger-scale Bat formation possibly in play. Entry/Trigger Level: The ideal buy zone is at or just below 0.886 of the key X-A swing. Risk Controls: Set stop losses slightly below X to minimize risk if the harmonic invalidates. Targets: Initial: Return to point C (~0.5–0.618 retracement of A–D) Ultimate: Approach point A swing high for full pattern completion. Thesis & Market Context SOL remains structurally bullish on higher timeframes despite the local correction. Bat completions often coincide with liquidity sweeps and value zones, strengthening the reversal thesis. If D completes as drawn, expect a rapid reaction as short liquidation and fresh bids enter the market.
COINBASE:SOLUSDLong
by J_O_S_E_
1
XRP - BEARISH XRP - price update: 🟥 Double top MOTHLY - Deeper correction awaited?📉 Bearish breakout loading! ? 🟥 Very neutral on each time frame. The 2.100$ weekly support is holding for now. I don't like the weekly / daily configuration, hence I anticipate a bearish breakout to visit the SSB weekly (monthly support) around 1.90 - 1.880$ 📉 Technically: The 50% fib support W/M has been tested many times. It looks like a slow descending channel (bearish accumulation to me) 📉 A Weekly candle close under 1.90$ could be pretty bearish! 🔴 🎯Medium term outlook: 📉Bearish setup and key levels in my charts Long term play: 📈Overall, I remain bullish above monthly uptrend and 1.600$ demand zone. A breakout under 2.00$ could lead to a sharp correction toward this level! 📉 💡Keep in mind that Liquidities from #XRP could outflow into others #ALTS. (money rotation from large cap to low caps).
Short
by Cryptojobs
$CLSK: short term bullish Gartley NASDAQ:CLSK : bullish Gartley Harmonic has XD = 78.6%. NASDAQ:CLSK has exceeded this ratio slightly. Bullish Bat's XD ratio is 88.6%, this week's low aligns with this ratio. The bullish Gartley appears to have completed and prices should start to recover. If the broader market drops, AB = CD can target $13.50, which would present an excellent opportunity to add. I'll be adding to my position in the buy zone if the opportunity presents itself. Additionally, the buy zone aligns with the last triangle congestion area, which gives more confidence that this area has strong support. I added some today. If it goes down more tomorrow, I plan to add more.
NASDAQ:CLSKLong
by HeadsUp2021