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Harmonic Patterns

USDJPY consolidation may soon break upwards.The USDJPY pair has been ranging since the November 20 High within the 154.350 Support and 157.900 Resistance. With the 1D MA50 (red trend-line) offering long-term Support however, we may finally see this consolidation pattern break upwards. On top of that, the 4H RSI has been rising on Higher Lows for the past 30 days. As a result, if the Resistance breaks, we see a quick window of opportunity for a short-term buy, targeting the top of an emerging Channel Up at 159.000 (+2.20% Bullish Leg like the previous one). On a longer term note, we can see the pair hit the 2.0 Fibonacci extension at 161.400, located just under the July 03 2024 High. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
PUMPUSDT — Descending Trendline Break Trigger Trend Reversal!On the 1D timeframe, PUMPUSDT remains in a medium-term downtrend after failing to hold the previous high near the 0.0089 area. Price continues to form lower highs and lower lows, indicating that sellers are still in control. However, recent price action shows buyer reaction from the lower support zone, opening the possibility of a short-term recovery or trend reversal if a breakout is confirmed. --- Pattern Explanation Price is trading below a descending trendline (yellow line) acting as a strong dynamic resistance. This structure represents a Descending Trendline / Falling Channel setup, where: Each bullish attempt is rejected at the trendline Bearish momentum gradually weakens near the bottom Price begins to form a minor higher low in late December to early January This suggests early signs of trend exhaustion, but a valid reversal requires confirmation through a breakout. --- Key Levels Resistance Levels: 0.00250 → minor resistance (current reaction area) 0.00307 → mid resistance 0.00340 → key resistance 0.00450 → major resistance 0.00517 → strong supply zone 0.00704 – 0.00858 → upper resistance & previous high Support Levels: 0.00232 → daily support 0.00205 – 0.00190 → major demand zone 0.00170 → last strong support (bullish invalidation level) --- Bullish Scenario A bullish scenario will be confirmed if: Price breaks and closes above the descending trendline A strong daily close above 0.00250 is achieved Bullish targets: 0.00307 0.00340 0.00450 0.00517 (extended target if momentum increases) As long as price holds above 0.00232 and breaks the trendline, trend reversal potential toward bullish continuation remains valid. --- Bearish Scenario The bearish scenario remains valid if: Price fails to break the trendline Strong rejection occurs around the 0.00250 area Price breaks below 0.00205 Bearish targets: 0.00190 0.00170 A breakdown below 0.00170 would confirm bearish continuation and invalidate the bullish setup. --- Conclusion PUMPUSDT is currently at a critical decision zone. The broader structure is still bearish, but price action shows early recovery signals. The descending trendline breakout is the key confirmation for a potential trend change. Until then, any upward move should be considered a technical rebound. --- #PUMPUSDT #PUMP #CryptoAnalysis #TechnicalAnalysis #DescendingTrendline #BreakoutSetup #Altcoin #CryptoTrading #DailyChart #TrendReversal #SupportResistance
Long
by CryptoNuclear
ETH-The final drop before the cows come home (SHORT TERM SHORT)hello all 👋🙋‍♂️🙋‍♀️ Thank you so much for coming today Let's get right to it💡. Today we are looking at a 4 hour view of ETHEREUM. I have noticed several things about ETH price action and what it could indicate. ⬆️ above on chart 📈📉 you can see I have labeled major trend line (support line) We have made contact with this long standing trend line and have seen some bullish pressure after doing so. 🤸🤸‍♂️ HOWEVER There has been a Head and shoulders bearish pattern formed on the 4 hour view in which we did go down from but bounced back up to make a bearish flag 🐻🧸 🌊🏄‍♂️🏄‍♀️ MORE RECENTLY We have formed a bearish harmonic pattern, which leads me to believe we will try to continue our head and shoulders pattern (with a drop in price) ⏬🔻But will catch support at our major trend line ~(3800) 🐼This is a Short term short Idea. The cryptocurrency market is extremely volatile.💣 This is not financial advice 🐶 Always have a stop loss ✋🛑💲 set🆗 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄 Jazerbay ☯️
COINBASE:ETHUSDShort
by jazerbay
7
WIF/USDT at a Critical Line – Breakout or Another Sell-Off?On the 1D timeframe, WIF/USDT is still trading within a bearish market structure after a strong decline from previous highs. Price continues to form lower highs and lower lows, indicating sustained selling pressure. Currently, price is approaching a critical area near the main descending trendline. --- Pattern & Technical Structure The chart shows a clear Descending Trendline (Bearish Continuation Pattern): The descending trendline acts as a dynamic resistance Every bullish attempt has been rejected near this trendline Volatility is decreasing, indicating price compression This structure usually resolves with: A bullish breakout if buyers manage to break the trendline A bearish continuation if price gets rejected again --- Key Levels Resistance Zones: 0.370 → minor resistance / first reaction zone 0.440 → mid-term resistance & distribution area 0.540 → major resistance / bullish reversal confirmation 0.805 – 0.970 → strong supply zone (extended targets) Support Zones: 0.327 → current daily support 0.280 → critical support level 0.240 – 0.205 → last demand zone (high-risk area) --- Bullish Scenario The bullish scenario becomes valid if: Price breaks and closes above the descending trendline on a daily basis A higher low forms after the breakout Potential upside targets: Initial target: 0.370 Next resistance: 0.440 Strong reversal confirmation: 0.540 With strong momentum, price may extend toward 0.805 – 0.970 Common strategy: Buy on breakout or buy on trendline retest Volume confirmation is highly recommended --- Bearish Scenario The bearish scenario remains dominant if: Price fails to break the descending trendline Strong rejection occurs at resistance Downside potential: Retest of 0.327 Breakdown opens the path toward 0.280 If support fails, price may continue to 0.240 – 0.205 This confirms ongoing bearish continuation. --- Conclusion WIF/USDT is currently trading at a decision zone. A confirmed breakout above the descending trendline could signal the start of a trend reversal, while rejection would increase the probability of further downside. Waiting for confirmation is crucial in this structure. #WIF #WIFUSDT #CryptoAnalysis #TechnicalAnalysis #Altcoin #BearishTrend #Trendline #Breakout #PriceAction #CryptoTrading
Long
by CryptoNuclear
TURBO/USDT Major Downtrend Under Pressure Breakout or Rejection?TURBO/USDT on the 1D timeframe is still moving within a clear medium-term downtrend structure. Price continues to print lower highs and lower lows, capped by a well-respected descending trendline that has been tested multiple times since the previous peak. Currently, price is making a short-term bullish pullback and approaching this critical trendline area. --- Pattern Explanation The dominant structure is a Descending Trendline (Bearish Bias). However, recent price action shows a relief rally, which could evolve into: An early bullish breakout, if price breaks and holds above the trendline. A continuation lower high, if price gets rejected and fails at resistance. This places price in a key decision zone. --- Key Levels Resistance Zones: 0.00250 – minor resistance 0.00300 – key resistance 0.00390 – structural resistance 0.00450 – major resistance 0.00510 – supply zone 0.00620 – extreme resistance / previous distribution Support Zones: 0.00200 – short-term support 0.00165 – critical support 0.00145 – last major support --- Bullish Scenario Bullish confirmation occurs if: Price breaks and closes strongly above the descending trendline on the daily timeframe. Followed by a clean retest with increasing volume. Potential upside targets: 0.00250 0.00300 0.00390 0.00450 A clean break above 0.00300 could signal an early medium-term trend reversal. --- Bearish Scenario Bearish continuation remains valid if: Price fails to break the trendline and forms a strong rejection candle. Strong selling pressure appears around 0.00250 – 0.00300. Potential downside targets: 0.00200 0.00165 0.00145 A breakdown below 0.00165 may open the door for further downside continuation. --- Conclusion TURBO/USDT is currently trading at a highly critical technical zone. As long as price remains below the descending trendline, the broader structure stays bearish. A confirmed daily breakout above the trendline would be the first early signal of a potential trend reversal. Waiting for confirmation is strongly recommended. --- #TURBO #TURBOUSDT #CryptoAnalysis #Altcoin #TechnicalAnalysis #Downtrend #Trendline #Breakout #Bearish #Bullish #PriceAction
Long
by CryptoNuclear
Harmonic BAT or CRAB formation in CRUDEOIL for 5000 or lowerTF: 60 Minutes CMP: 5156 I have published an analysis based on Pitchfork set up on Crude and you can read about in the link given below. Here, I am posting the view based on Harmonic Pattern formation. Since it has closed and sustained below the recent swing low of 5170, two levels have opened up on the downside based on Harmonic BAT and Crab Patterns. They are 5050 and 4950 respectively. I have marked both the patterns in different colors here in this chart for better understanding. Also, as per P&F charting method, the downside levels are open for 4750 and 4450; while 4450 being a distant level, 4750 appears to be within reach and also a cluster zone Chart on Pitchfork tool: Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
MCX:CRUDEOIL1!Short
by Murthy_Santhosh
$FILUSDT Reload Zone Spotted — Buyers Eye a Fresh Upside LegBINANCE:FILUSDT (1H) is showing a pullback into demand after a sharp impulsive rally. Price has retraced cleanly into a high-confluence demand area, suggesting profit-taking and re-accumulation, not weakness. This zone historically acts as a launchpad when defended. Market Bias: Bullish continuation Buy Zone: $1.438 – $1.416 (strong demand support) Risk Line: A decisive break below $1.408 invalidates the setup Upside Targets: 🎯 Target 1: $1.484 — first reaction and momentum test 🎯 Target 2: $1.558 — liquidity sweep and impulse extension As long as FIL holds this demand zone, the structure favors dip buys over panic sells. A strong bounce here could ignite the next breakout toward higher liquidity levels.
Long
by coinpediamarkets
TheGrove | NZDUSD buy | Idea Trading AnalysisNZDUSD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity NZDUSD I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Long
by TheGrove
1
TURBOUSDT UPDATE#TURBO UPDATE TURBO Technical Setup Pattern: Falling Wedge Pattern Current Price: 0.001975$ Target Price: 0.003172$ Target % Gain: 175.44% Technical Analysis: TURBO is breaking out of a falling wedge pattern on the 1D chart, indicating bullish potential. Price has pushed above the descending resistance trendline after a prolonged downtrend, suggesting a possible trend reversal. The projected upside move aligns with the measured target highlighted on the chart. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames
ATBA TREND REVERSES.After a long spell of correction the Atlas Battery is showing the signs of recovery. After showing a small Divergence in November it started trading in an upper price channel of Rs, 230-260. Now RSI has shown significant improvement therefore, it has the higher probability of testing next higher high of Rs. 289.89 and sustainance above shall lead the price to Rs. 319. Wheras sugested entry price and stop loss level suggest the trade has the upside potential of 1:2 or 18%. Due deligence is solicited.
PSX:ATBALong
by usufgul
PUMPUSDT UPDATEPUMP UPDATE PUMP Technical Setup Pattern: Falling Wedge Pattern Current Price: $0.00226 Target Price: $0.00500 USDT Target % Gain: 121.24% Technical Analysis: PUMP is breaking out of a falling wedge pattern on the 1D chart, indicating bullish potential. Price has recently shown strength near the wedge resistance, and a breakout above that level with increasing volume could validate continuation toward the projected target zone near $0.00500. The measured move from the pattern points to extended upside if momentum persists. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames
DOGEUSDT UPDATE#DOGE UPDATE DOGE Technical Setup Pattern: Falling Wedge Pattern Current Price: 0.1237 Target Price: 0.1490 Target % Gain: 121.32% Technical Analysis: DOGE is breaking out of a falling wedge pattern on the 1D chart, indicating bullish potential. Price is trading near the lower boundary of the wedge and has started to curl upward, suggesting a possible breakout. A confirmed move above the descending resistance trendline could open the path toward the projected upside target zone shown on the chart. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames
SLNH | DailyNASDAQ:SLNH — Bullish Alternate Scenario📈 Quantum Model Projection | Technical Update $Soluna surged 31.5%, standing strong as the new year begins. Happy New Year! ✨ Quantum Analysis The transitional Q-Structure φ has ultimately converged onto the coherent supportive Q-Structure λ₂ at the apex. This configuration indicated the conclusion of the retracement in Minor Wave 4 and set the stage for the projected advance of Minor Wave 5—potentially as an impulsive sequence, with a Q-Target ➤ $8.88 💫 generated by the resistance Q-Structures λ₂ and λ₃ . Notably, all the projected advances across the mining sector align with my bullish view on BTC’s advanced projection of Primary Wave ⓹ of the impulsive Wave III sequence within the second Cycle. 🔖 This outlook is derived from insights within my Quantum Models framework.
NASDAQ:SLNHLong
by ElliottChart
BTC | 4HCRYPTOCAP:BTC — 4H | Trend Reversal | Bottoming Completion Quantum Analysis Today, BTC successfully broke out above the resistance Q-Structure λᵣ through the divergent zone and has positioned itself within the projected advance range, reinforcing the bullish case for continued upside trend progression. Since Nov. 21, BTC has been repeatedly supported by the convergent Q-Structures λ₁, λ₂, λ₃, and λ₄ , forming a coherent and integrated support system (Q-Sup → λ₁ is outside the current frame). A continued advance toward the origin of the Ending Diagonal ⓒ ➤ $93,558.29 remains favoured and would strongly confirm the Primary-degree trend reversal. 🔖 This potential reversal has been projected since Nov. 15 during the BTC decline. 🔖 This outlook is derived from insights within my Quantum Models framework.
INDEX:BTCUSDLong
by ElliottChart
EUR/USD 4H Technical OutlookEUR/USD is currently trading in a clear bullish structure, supported by a rising trendline that has held price since the early December lows. The market has been printing higher highs and higher lows, confirming buyers remain in control. Price recently broke above a prior resistance zone (marked with XXX), turning it into a key support area. The current consolidation above this level suggests healthy bullish continuation, rather than weakness. The projected path shows a potential pullback toward the ascending trendline, which would offer a higher-low entry opportunity if buyers step in. From there, price is expected to resume its upward move, targeting the next resistance zone and ultimately the major high / highest target around 1.1918, which aligns with previous market structure resistance. As long as price respects the rising trendline and holds above the broken resistance, the bullish bias remains intact. A clean break below the trendline would be the first warning sign of momentum loss.
Long
by D1GITALTRADES
EURNZD (H4) – Chart pattern...EURNZD (H4) – Chart pattern: 🔻 Bias: Bearish (Sell) Price is rejecting a strong supply / resistance zone near 2.0400 – 2.0450, and the structure shows a likely move down. 🎯 Targets TP1: 2.0250 (first support / cloud level) TP2: 2.0180 (previous demand) Final Target: 2.0100 – 2.0120 ✅ (matches my marked “target point”) 🛑 Stop Loss SL: Above 2.0480 📌 Logic Rejection from resistance Price back inside / below Ichimoku cloud Lower high formed → continuation to downside Exact entry price Risk–reward setup Scalp vs swing targets.
Short
by XAUxBTC_Pro
9
PAEL: FRAGRANCE OF CAPITAL GAINS IN THE AIR.Since the start of the Bull Run at PSX the PAEL has been yeilding healthy capital gains in leaps. After posting a significant low on the last day of October 2025 the script has been printing higher highs and higher lows. RSI is also on Bullish Zone therefore, we may expect another leap on price scale and may unfolding the higher price of Rs. 68. To capitalize on this opportunity a trading plan has been prepared. Again this opportunity has the potential of yeilding the profit ratio of 1:2 so best of luck Due deligence is solicited.
PSX:PAELLong
by usufgul