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Harmonic Patterns

BTC | 4HCRYPTOCAP:BTC — Quantum Model 4H Zoom-In | Advance Projection As anticipated, BTC has entered the projected advance range with an initiating impulsive move. The price has broken out of the resistance Q-structure through the divergent zone — reaching the origin of the Ending Diagonal ⓒ ➤ $93,558.29 would strongly confirm the projected Primary-degree trend reversal. 🔖 This potential reversal structure 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
Gold gearing up for another liftoff?The uptrend in gold is approaching a decisive moment, where both headlines and price behavior are highly sensitive. On the 2H timeframe, price continues to respect the rising structure that has been in play since mid-December, and the 4,500 USD/oz zone remains well-defended, with swift buying reactions each time price dips back into the area. On the fundamental side, gold is supported by expectations of Fed rate cuts, along with ongoing safe-haven flows fueled by persistent geopolitical uncertainty. Thin liquidity near year-end may further amplify moves in the direction of the dominant bias — and for now, that bias still leans bullish. A reasonable short-term scenario is to wait for price to revisit the 4,495 – 4,510 region for safer long entries, targeting nearby levels around 4,555 USD and 4,600 USD. Risk protection should ideally sit below 4,470 USD, guarding against deeper pullbacks. Gold isn’t rising because the chart “looks good” — it’s rising because the market needs it. The next 24 hours may bring volatility, but as long as 4,500 holds firm, a fresh upside impulse could emerge — a move that rewards the patient.
OANDA:XAUUSDLong
by Paradise_Noir
13
PEPE/USDT - Break the Trendline or Continue Lower?Structurally, PEPE is still in a bearish trend after a strong rejection from its previous high area. Price continues to move below a descending trendline, which acts as a major dynamic resistance. Each approach toward this trendline has resulted in rejection, confirming that selling pressure remains dominant. At the current level, price is attempting to form a base (consolidation), but no valid trend reversal has been confirmed yet. --- 📐 Pattern Analysis (Detailed Explanation) 🔻 Descending Trendline (Downtrend Structure) The yellow diagonal line represents consistent lower highs This structure confirms a clear downtrend A break above the trendline would indicate a potential trend shift 📊 Bearish Continuation Structure After a sharp drop, price moves sideways with a bearish bias This often represents a distribution or continuation phase Without a breakout, the probability favors further downside --- 📉 Resistance Zones (Supply Areas) Key resistance levels marked by yellow dashed lines: 0.00000495 0.00000550 0.00000650 0.00000735 0.00001025 These levels previously acted as strong reaction zones and may cause price rejection if retested. --- 🟢 Bullish Scenario (If Breakout Occurs) Bullish momentum is only valid if: 1. Price breaks and closes above the descending trendline on the daily timeframe 2. The breakout is supported by increasing volume Bullish Targets (Step by Step): 🎯 0.00000495 (nearest resistance) 🎯 0.00000550 🎯 0.00000650 🎯 0.00000735 🎯 0.00001025 (optimistic target with strong momentum) 📌 As long as price remains below the trendline, any upside move should be considered a relief rally, not a trend reversal. --- 🔴 Bearish Scenario (Primary Bias) If price: Fails to break the descending trendline, or Breaks down below current support Bearish Targets: 🔻 Retest of 0.00000360 🔻 Previous low around 0.00000278 A breakdown below this level may open room for further downside continuation 📌 The lower-high & lower-low structure remains intact → bearish trend is still active. --- 🧠 Conclusion Primary trend: Bearish Price remains below the descending trendline Bullish bias only becomes valid after a confirmed daily breakout Until then, the best approach is wait and react, not predict #PEPEUSDT #PEPE #CryptoAnalysis #CryptoTrading #TradingView #Downtrend #BearishMarket #Altcoin #MemeCoin #SupportResistance #Trendline #PriceAction #DailyChart #Breakout #TechnicalAnalysis
Long
by CryptoNuclear
2
BTC & Others. Thoughts.. Hi, For leverage traders Reasonable expectation & positions. My POV. Per Asset BTC 1300-1500$ XRP 0.02-0.05$ Gold 15-25$ You can do it differently. ( All accounts are in your hands, so are your profits and losses ) So letme explain (not for gurus yeah) You see.. everyday. There are volatility, buy sell, low high. There are ranges, varies to asset. Assuming you know your thing, That it's going to be a good 2-3day for X specific target. But you stopped out. Your position size is wrong OR your stop too near (unreasonable) You can verify it yourself. You can have a good guru. But you always hit SL. Change this. You might get a better results coz you have got the direction right( in the first place). I used to do these stupid thing. Right direction, hit my stop and it moves.. all the way to initial plan direction. You are better, it's a matter of adjustment and realization. I don't teach. Sometimes someone out there, needs some pointers; from the obvious. Hope this gives you some relief, that you are not at wrong. Just tweaking. If hit SL, you are satisfied, because it's not supposed to do abnormal(to you). E.g move against you 2000 points on BTC. Go go 2026 All the best Not a guru nb/ and MM
BINANCE:BTCUSD
by reazosman
COW/USDT — This Demand Zone Could Decide the Next Move?📐 Pattern Analysis (Detailed Explanation) 🔻 1. Descending Trendline (Major Resistance) The downward-sloping yellow line shows consistent selling pressure Every upward move has been capped → Lower Highs This trendline acts as a dynamic key resistance 👉 A break above the trendline = early signal of trend change --- 🟨 2. Strong Demand Zone (0.22 – 0.19) This area has: Repeatedly held price from further decline Triggered strong bullish reactions in the past Indicates buyer accumulation (smart money area) 👉 As long as price holds above 0.19, reversal potential remains valid --- 🔄 3. Price Structure Previous structure: Lower Highs + Lower Lows (Bearish) Current structure: Base formation / ranging phase This suggests: Selling pressure is weakening Buyers are gradually absorbing supply --- 🟢 Bullish Scenario (Reversal / Breakout) Bullish Confirmation Requirements: 1. Price holds above 0.22 2. Strong breakout and close above the descending trendline 3. Ideally supported by increasing volume Upside Targets: 🎯 0.267 🎯 0.325 🎯 0.367 🎯 0.458 (Major Resistance) 📌 A valid breakout may shift the market from bearish into bullish continuation. --- 🔴 Bearish Scenario (Support Breakdown) Bearish Conditions: 1. Daily / 2D close below 0.19 2. Failure of the demand zone 3. No significant bullish reaction from buyers Downside Targets: 📉 0.16 📉 0.13 (Previous low / extreme support) 📌 A breakdown below the demand zone signals bearish continuation and invalidates the reversal setup. --- 🧠 Technical Conclusion COW/USDT is currently at a key decision-making zone Best risk–reward lies within the demand zone (0.22–0.19) Trendline breakout → early bullish signal Demand breakdown → bearish continuation ⚠️ Wait for candle confirmation and volume validation before entering. --- #COWUSDT #CryptoAnalysis #TechnicalAnalysis #Altcoin #DescendingTrendline #DemandZone #SupportResistance #PriceAction
Long
by CryptoNuclear
SUI/USDT - Breakouts! Is This the Start of a Trend Reversal?On the 12-hour timeframe, SUI/USDT has successfully broken above the descending resistance trendline that had capped price action since October. This breakout indicates weakening selling pressure and opens the door for a trend transition from bearish toward early bullish conditions. Price is currently trading around 1.48 USDT, hovering near the former trendline area, suggesting a post-breakout consolidation / retest phase. --- Pattern Explanation The dominant technical structure now is: Descending Trendline Breakout (Potential Trend Reversal) The long-term descending trendline has been decisively broken Bearish lower-high structure is losing control Sideways movement above the trendline suggests a successful retest attempt Technically, this pattern often marks the early stage of a trend reversal, as long as price holds above the breakout zone. --- Key Levels Support (Post-Breakout): 1.45 – 1.48 USDT → Critical breakout retest zone 1.35 USDT → Invalidation level Resistance / Upside Targets: 1.65 – 1.72 USDT → Nearest resistance 1.96 USDT → Strong supply zone 2.05 – 2.37 USDT → Major resistance area 2.70 USDT → Extended bullish target if reversal fully develops --- Bullish Scenario (Primary Scenario) The bullish case becomes the primary scenario if: 1. Price holds above the 1.45 – 1.48 USDT support zone 2. The former trendline acts as new support 3. Bullish continuation candles appear Bullish Targets: TP1: 1.65 USDT TP2: 1.72 USDT TP3: 1.96 USDT TP4: 2.05 – 2.37 USDT --- Bearish Scenario (Invalidation Scenario) The bearish scenario only applies if: 1. Price falls back below the broken trendline 2. A strong close occurs below 1.35 USDT Bearish Targets: 1.23 USDT Lower supports if selling pressure accelerates As long as price remains above the breakout area, bearish continuation is not favored. --- Conclusion The breakout above the descending trendline on SUI/USDT represents a potential early trend reversal signal. The key focus now is whether price can defend the breakout zone as support. ➡️ Holding above support = bullish continuation ➡️ Break back below = false breakout This is a critical decision zone for the next directional move. --- #SUIUSDT #SUIBreakout #TrendReversal #CryptoAnalysis #TechnicalAnalysis #Altcoin #SupportResistance #CryptoTrading
Long
by CryptoNuclear
XLM/USDT Waiting for Confirmation: Fake Bounce or Trend ReversalXLM/USDT on the 8-hour timeframe is still trading under a clear bearish trend. Price continues to form lower highs and lower lows, confirming strong selling pressure. However, recent price action shows consolidation near the lower range, which could act as a short-term reaction zone. --- Pattern Explanation The chart highlights the following key patterns: 1. Descending Trendline (Major Dynamic Resistance) The yellow descending trendline acts as the main dynamic resistance Price has been repeatedly rejected from this level As long as price remains below this trendline, the overall bias stays bearish 2. Bearish Continuation Structure Market structure remains intact with consistent lower highs Any upward move so far appears corrective rather than a true reversal This suggests the market is still in a distribution phase --- Key Levels Resistance Levels: 0.2370 – minor resistance / short-term reaction area 0.2600 – key resistance from previous breakdown 0.3000 – 0.3300 – strong supply zone 0.3500 – major resistance Support Levels: 0.2230 – 0.2150 – current consolidation and local support 0.2030 – 0.1950 – strong support zone if further breakdown occurs --- Bullish Scenario The bullish scenario becomes valid if: Price breaks and closes decisively above the descending trendline Followed by a confirmed close above 0.2370 Ideally supported by increasing volume Bullish Targets: 0.2600 0.3000 0.3300 A successful breakout would signal bearish structure invalidation and open the door for a medium-term trend reversal. --- Bearish Scenario The bearish scenario remains dominant if: Price fails to break the descending trendline Rejection occurs around the 0.2370 – trendline area Price breaks below 0.2150 support Bearish Targets: 0.2030 0.1950 This would confirm a bearish continuation toward lower demand zones. --- Conclusion XLM/USDT remains under strong bearish control, with the descending trendline acting as a critical level. Until a confirmed breakout occurs, price is more likely to continue its downtrend or consolidate. Traders should stay patient and wait for clear confirmation before taking positions. --- #XLMUSDT #Stellar #CryptoAnalysis #TechnicalAnalysis #Downtrend #BearishMarket #Altcoins #CryptoTrading #MarketStructure #SupportResistance #Trendline
Long
by CryptoNuclear
1
ETHUSD - Confirmation Over PredictionPrice has reacted strongly from the bullish order block and is now consolidating below a key intraday resistance zone (white/green area). After the recent displacement to the downside, price is showing signs of stabilization and potential short-term reversal. Trade Idea: Entry: Look for buy opportunities only if a 15-minute candle closes cleanly above the white/green resistance zone, confirming bullish acceptance. Confirmation: A strong bullish close above this level signals short-term market structure alignment in favor of buyers. Target: Upside continuation toward the next resistance / liquidity zone as marked on the chart. Invalidation: Failure to close above resistance or a strong rejection from this zone keeps the setup invalid and increases the probability of further consolidation or a retest of lower levels. This is a confirmation-based setup, prioritizing patience and clarity to avoid false breakouts and low-probability entries.
BITSTAMP:ETHUSDLong
by Maya_Clarkfx
1
BTC | 4HCRYPTOCAP:BTC — Quantum Model 4H Zoom-In | Advance Projection Price is currently compressed within a tight range between key support and resistance Q-Structures, holding above the supportive confluence zone. It remains consolidated along the edge of the resistance Q-Structure, within its divergent zone. The overall structure signals a potential for a projected advance, specifically a Minute-degree impulsive 3rd wave within Minor Wave 3, provided the price sustains acceptance above the resistance Q-structure and successfully breaks out of the divergent zone. 🔖 This outlook is derived from insights within my Quantum Models framework. 🔖 This potential reversal structure has been projected since Nov. 15 during the BTC decline.
INDEX:BTCUSDLong
by ElliottChart
Today's Trading Strategy: Buy on DipsToday's Trading Strategy: Buy on Dips Gold is seeking a breakout above $4550 and could potentially reach new highs. Be patient and wait for a pullback before the upward move begins. Currently, we can see gold forming an ascending triangle pattern, facing resistance around $4550. The Asian trading session may remain strong. Current Key Support Levels: $4510/$4480 Current Resistance Level: $4550 Reviewing our article before Christmas, you can clearly see that I accurately predicted gold would reach new highs. Gold experienced a short squeeze before Christmas. Today is the first week after the holidays, and gold is highly likely to continue its upward trend. However, the risk of a pullback has also increased. This is a conclusion drawn from over ten years of experience. This is also the basis for our consistent profitability. Over the past three months, our win rate has been as high as 85%, with profits exceeding $50,000 per lot. My channel will continue to provide 1-2 high-quality trading signals for free. Thank you for the increasing number of people following my trading. I. Today's News Impact Analysis (December 29th) Today's market focus is on two important news items: 1. Policy: The Chicago Mercantile Exchange Group (CME Group) raised margin requirements for gold futures trading after the market closed today. Higher margin requirements will directly increase trading costs, potentially dampening speculative bullish sentiment and forcing some leveraged traders to reduce their positions. This is a risk management measure at the exchange level. 2. Geopolitics: The phone call between the leaders of Russia and Ukraine, and the meeting between the leaders of the United States and Ukraine, indicate progress in peace negotiations. Easing geopolitical tensions will weaken market risk aversion, putting short-term pressure on gold prices. Overall Impact Assessment: Today, the market faces significant short-term headwinds (margin increases) and negative news (easing geopolitical risks). This explains the volatility in gold prices after reaching record highs. The market may need time to digest this news, and short-term volatility may intensify. My personal view: Gold prices may initially fall before rising this week, potentially reaching a high of $4600, but may first pull back to the support level of $4470-$4500. I recommend buying on dips. Key intraday price levels: Resistance: Near the historical high of $4550 and the psychological level of $4600. Support: First, pay attention to the psychological level of $4500, with stronger support in the $4470-$4500 area. Two trading strategies: Cautious chasing the rally, wait for a pullback: Given the overbought short-term technical indicators and the negative impact of increased margin calls, chasing the rally carries significant risk. A more prudent strategy is to wait for the price to pull back to key support areas (e.g., around $4500 or $4470), confirm stabilization, and then consider establishing long positions, with the target of a new high. Managing the risk of a short-term pullback: If the price fails to hold above $4550 and falls below $4500 on the same day, it may further test support levels. Traders should be wary of a technical sell-off that could be triggered by increased margin requirements.
OANDA:XAUUSD
by Gold_Guide007
The Boredom Stage of Trading - Why Most Traders Quit HereGood morning, all, thank you all for coming today. Today we will be looking into the “ Boredom ” Phase of trading, and why most new traders quit because of it. Lets begin. What Is the Boredom stage during Trading? Boredom in trading is the stage where the excitement goes away, but the results have not arrived yet. You are no longer a beginner filled with hype, joy and excitement. You are aware of, and understand the basics, you have a strategy, and you know what you should be doing. Yet progress feels slow , repetitive , and unrewarding . There are less trades, fewer emotional highs, and long stages of patiently waiting. This is where trading begins to feel boring , and for many traders, boredom feels like failure, it feels like they are failing since they are not “ doing anything. ” This phase is not a sign you are doing something wrong it is a sign you are doing something right . How the Boredom stage Affects Traders Boredom secretly ruins traders because it does not feel dangerous. During this period, traders will often: • Start forcing trades just to feel active or “ alive ” like they are doing something. • Break rules out of impatience ( breaking their own system ) • Abandon strategies that are working ( same as above ) • Chase excitement instead of probability ( they seek the 100x return ) • Confuse “ no trades ” with “ no progress ” ( If you follow your system and wait, you are making progress ) The market rewards patience, but boredom pushes traders toward action. This creates losses, frustration, and eventually self-doubt. ( Which no one wants ) Many traders do not fail because they lack knowledge or skill. They fail because they cannot tolerate stillness. ( They psychology weakens when they face boredom. ) Why the stage Phase Occurs The boredom phase takes place when trading becomes process-driven instead of emotion-driven. ( It becomes mechanical ) Early trading is exciting because: • Everything feels new • Wins feel euphoric • Losses feel catastrophic • The market feels fast and you feel uncertain • You are eager to learn more As you improve, your trading becomes: • More selective and tight • More rule-based and systematic like • Slower and quieter ( calm ) • Less emotionally stimulating This shift removes chaos, but it also removes excitement. The market hasn’t changed. You have. And most people mistake this emotional flatline as a sign that something is missing. ( This is where “ The market rewards patience ” comes in. The market rewards those who wait. ) How to Overcome the Boredom stage The key to overcoming boredom is understanding that trading is not meant to entertain you. ( It is just like a 9-5, you must follow rules, a system. Just in your own routine. ) Practical ways to handle this phase: • Reduce screen time once your plan is complete. ( Do not over trade ) • Focus on execution quality, not trade quantity. ( Quality over quantity ) • Track rule-following instead of PnL. ( Did you follow your system? ) • Journal boredom-triggered decisions. ( Losses from impatience? ) • Accept that waiting is part of the job. ( Strengthen your mind by waiting. ) Professionals do not trade more and when they are bored, they trade less. The goal is not to feel engaged and hyped up. The goal is to remain consistent and disciplined. Why the Boredom stage Is a Filter, not a Problem The boredom stage exists to separate traders who want excitement from traders who want results. ( Splits Gamblers from Real Traders ) Most people quit and give up here because: • There is no longer any dopamine . • Progress feels slow, painful or invisible. • Social media makes others look “ active ” when it is actually not. • Patience feels unproductive since the mind is sitting “ idle .” But this stage is where real traders are built. If you can: • Follow rules without excitement. ( Follow your system ) • Sit through days with no trades. ( Accept the process of waiting ) • Trust your edge without constant validation. ( Ensure to backtest to prove this. ) • Stay disciplined when nothing happens. ( Do not give in to FOMO. ) You have already passed a major psychological barrier. The boredom phase is not a dead end it is a gateway that sits at the end of a long run. Those who quit here were never meant to last. Those who stay quietly move closer to consistency and mental freedom. Final Thoughts Every profitable trader has survived the boredom phase. Most failed traders quit during it because of weak psychology. If trading feels boring, repetitive, and uneventful, that is good. That means emotions are leaving and structure is taking its place. The market does not reward excitement. It rewards endurance, patience, discipline, consistency and proper risk management.
Education
by King_BennyBag
88
XAUUSD-Buyers in Control but Resistance in PlayGold remains in a bullish structure, respecting an ascending trendline with multiple CHOCH → BOS confirmations, showing strong buyer control. Price has now reached a key premium supply / resistance zone where momentum is slowing and consolidation is forming. The current reaction at resistance suggests short-term exhaustion, with a likely pullback toward the nearest support first. A deeper retracement could target the lower support zone, while bullish continuation is only favoured if price breaks and holds above the marked resistance high.
TVC:GOLD
by Mohamed_el_mah
btcusd bitcoin bounce to 100k then down all year long to 50kBear Market Phase (Throughout 2026): Bitcoin is expected to enter a prolonged bear market lasting the entire year of 2026, resulting in a significant decline to around $50,000 or potentially even lower by Christmas 2026. Dead Cat Bounces: Multiple short-term recoveries (dead cat bounces) are anticipated during this period. The next one is projected around mid-February 2026, coinciding with the start of Chinese New Year, potentially pushing the price up to approximately $100,000 temporarily. As of simlirat to late 2022 the next lower high, occurring sometime in April or May 2026. Consolidation and Decline will follow and Bitcoin is expected to trade in a choppy range between $80,000 and $60,000 for much of the year, culminating in a final capitulation event a sharp downward candle that drives the price down to $50,000 by the end of 2026. Next Bull Cycle a major 10x bull run is to begin 2027 potentially reaching $500,000 by mid-2029, following the next Bitcoin halving event in 2028.
Short
by viparmenia
Bulls in Full Control, but Reversal Risks Rise Near Record Highs- Gold continues to dominate the market after surging to a fresh all-time high at $4536.74, reinforcing strong bullish control despite a modest intraday pullback toward the $4515–$4525 zone. With no overhead resistance in sight, upside momentum remains intact, but the speed and vertical nature of the rally increase the risk of a short-term reversal, particularly if profit-taking accelerates into the close. - In this environment, the concept of a “dip” has fundamentally changed: the key 50% retracement level of the current swing now sits near $4350.27, almost $200 below recent highs, reflecting the expanding volatility typical of a parabolic market. - A critical technical level to monitor is $4479.41, any daily close below this price would confirm a bearish daily reversal top, potentially triggering a 2–3 day corrective move toward value areas. - Fundamentally, gold remains supported as strong U.S. economic growth and persistent inflation expectations keep demand underpinned, while mixed Treasury yields and a weakening U.S. dollar add further tailwinds. The dollar’s vulnerability below the 97.814 support level could accelerate downside pressure toward 96.218, a move that would likely fuel another leg higher in gold. Until a confirmed reversal materialises, the broader trend favors continued strength, with any pullbacks viewed as strategic buying opportunities.
FX:XAUUSD
by Mohamed_el_mah
13
Bitcoin: Downtrend Structure and Key Acceptance ZoneBitcoin remains in a short-term downtrend, with a clear sequence of lower highs and lower lows. This trend is highlighted by the descending channel. The latest move within this structure is corrective, forming a compression/triangle that has already reached resistance. While a trend break is possible, current price behavior still favors continuation rather than reversal. From a volume profile perspective, the 82,000–71,000 range represents a low-activity zone where price barely traded in the past. Such areas typically act as zones where the market seeks to build acceptance and accumulation. For this reason, the higher-probability outcome remains another impulsive leg to the downside. The key level is 82,000, which marks the origin of the last impulse within the corrective structure of the downtrend (FRL context). A sustained acceptance below this level would confirm continuation. Until then, downside remains conditional, not confirmed.
BITSTAMP:BTCUSDShort
by borschenkovitc
1
Canadian Dollar vs. US Dollar. The Spring is CompressingIn previous posts, we have already begun to look at the key drivers of the US outperformance over the past decade. The US market dominance has been largely driven by the rapid rise of tech giants (such as Apple, Microsoft, Amazon and Alphabet), which have benefited from strong profit growth, global market reach and significant investor inflows. Unsatisfactory International Performance Markets outside the US have faced headwinds including multiple stifling sanctions and tariffs, slowing economic growth, political uncertainty (especially in Europe), a stronger US dollar and the declining influence of high-growth tech sectors. The Valuation Gap. By 2025, US equities will be considered relatively expensive compared to their international peers, which may offer more attractive valuations in the future. Recent Shifts (2025 Trend) Since early 2025, international equities have begun to outperform the S&P 500, and European and Asian equities have regained investor interest. Global market currencies are also widely dominated by the US dollar. Factors include optimism around the following three big themes. DE-DOLLARIZATION. DE-AMERICANIZATION. DIVERSIFICATION. De-dollarization is the process by which countries reduce their reliance on the US dollar (USD) as the world's dominant reserve currency, medium of exchange, and unit of account in international trade and finance. This trend implies a shift away from the central role of the US dollar in global economic transactions to alternative currencies, assets, or financial systems. Historical context and significance of the US dollar The US dollar became the world's primary reserve currency after World War II, as enshrined in the Bretton Woods Agreement of 1944. This system pegged other currencies to the dollar, which was convertible into gold, making the dollar the backbone of international finance. The United States became the world's leading economic power, and the dollar replaced the British pound sterling as the dominant currency for global trade and reserves. The dollar has been the most widely held reserve currency for decades. As of the end of 2024, it still accounts for about 57% of global foreign exchange reserves, far more than the euro (20%) and the Japanese yen (6%). However, this share has fallen from over 70% in 2001, signaling a gradual shift and prompting discussions about de-dollarization. How De-Dollarization Works Countries looking to reduce their reliance on the dollar are pursuing several strategies: Diversifying reserves: Central banks are holding fewer U.S. dollars and increasing their holdings of other currencies, such as the euro, yen, British pound, or new alternatives such as the Chinese yuan. While the yuan's share remains small (about 2.2%), it has grown, especially among countries like Russia. Using alternative currencies in trade: Countries are entering into bilateral or regional agreements to conduct trade in their own currencies rather than using the dollar as an intermediary. For example, China has introduced yuan-denominated oil futures (the "petroyuan") to challenge the petrodollar system. Increasing gold reserves: Many countries, including China, Russia and India, have significantly increased their purchases of gold as a safer reserve asset, reducing their dollar holdings. Developing alternative financial systems: Some countries and blocs, such as BRICS, are working to develop alternatives to the US-dominated SWIFT payment system to avoid the risk of sanctions and gain true economic and political independence. Reasons for de-dollarization The move towards de-dollarization is driven by geopolitical and economic factors: Backlash against US economic hegemony: The US often uses dollar dominance to impose sanctions and exert political pressure, encouraging countries to seek financial sovereignty. Rise of new economic powers: Emerging economies like China and groups like the BRICS are seeking to reduce their vulnerability to U.S. influence and promote regional integration and alternative financial infrastructures. Geopolitical tensions: Conflicts like the war in Ukraine have intensified efforts by countries like Russia to remove the dollar from their reserves to avoid sanctions. Implications and outlook While the dollar remains dominant, a more de-dollarized world is already changing global economic power. The U.S. may lose some advantages, such as lower borrowing costs and geopolitical influence. For the U.S. economy, de-dollarization could lead to a weaker currency, higher interest rates, and reduced foreign investment, although some effects, such as inflation from a weaker dollar, could belimited . For other countries, de-dollarization could mean greater economic independence and less exposure to U.S. policy risks. However, no currency currently matches the dollar’s ​​liquidity, stability, and global recognition, so a full transition is unlikely in the near future . Summary De-dollarization is a complex, ongoing process that reflects a gradual shift away from the global dominance of the U.S. dollar. It involves diversifying reserves, using alternative currencies and assets, and creating new financial systems to reduce dependence on the dollar. Driven by geopolitical tensions and the rise of emerging economic powers, de-dollarization challenges the entrenched role of the dollar but is unlikely to completely replace it anytime soon. Instead, it is leading to a more multipolar monetary system in international finance, increasing demand for alternative investments to the U.S. Technical task The main technical chart is presented in a quarterly breakdown, reflecting the dynamics of the Canadian dollar against the US dollar CADUSD in the long term. With the continued positive momentum of the relative strength indicator RSI(14), flat support near the level of 0.70 and a decreasing resistance level (descending top/ flat bottom) in case of a breakout represent the possibility of price growth to 0.80, with the prospect of parity in the currency pair and strengthening of the Canadian dollar to all-time highs, in the horizon of the next five years. -- Best wishes, Your Beloved @PandorraResearch Team 😎
by PandorraResearch
BITCOIN: Major Wyckoff Distribution Ongoing, Look for the Signs.Hello There, the bitcoin price in the recent weeks has been very volatile, increasing crucial bearish price actions. Following these dynamics, I have spotted important signs that reveal in what state the bitcoin price currently is. These signs are important hints on where the price action is likely to move within the upcoming times. Also fundamentally, these dynamics are supported by major events and underlying market sentiments. When analyzing the bitcoin dynamic, I am also looking at historical developments and how the price action moved. Therefore, a smart trader can spot these patterns over time and position oneself appropriately in the market. Connecting the dots to the current state of the market, I have spotted a crucial underlying pattern, which is called Wyckoff distribution. This type of pattern is an almost sure sign that the market is undergoing a trend-changing bearish reversal. Considering the volatile price action here, bitcoin just dumped massively since testing the $123,000 level. From there on, massive bearish developments pushed the price below the $85,000 mark. This is also an important sentiment for the market. Because below the $100,000 price level is now a huge resistance. With round numbers always being massive resistance levels. This crucial resistance of $100,000 was also confirmed since the Preliminary Supply (PSY) and Buying Climax (BC) the bitcoin price formed earlier. As this resistance was confirmed several times, there is a high likelihood that it will hold in the near future as well. With further inflection points such as the major descending resistance, the major upper resistance angle is formed. As Wyckoff distributions move in several stages till a much more pronounced bearish move pushes the price far below established supports, bitcoin is already in the later stages of this distribution cycle. With rising short open interest, this will give fuel to unfold a main bearish price action towards lower levels. The Wyckoff distribution for Bitcoin consists of the following completed, ongoing, and upcoming parts/phases. Phase A: The bitcoin prior uptrend has stopped, which was a hint towards a reversal likely to happen. Preliminary Supply (PSY): First evidence of supply entered the market with bitcoin short volume increasing. Buying Climax (BC): An abnormal move into bullish spheres, which can’t go on forever, signals that the trend is likely to reverse. Secondary Test (ST): This is very crucial for Bitcoin in this dynamic, as Bitcoin did not establish substantially higher highs; the price was rejected from the local levels. Marking the phase B in the distribution with clear signs of weak hands pushed out of the market. Phase B UT in Phase B: The upthrust above previous resistance levels marks a last try for Bitcoin to form significant higher highs. This did not happen, and Bitcoin pulled back again into the range. It is the most critical bearish sign here. Phase C In the next phase, C, several Last Points of Supply (LPSY) will be expected. We see a lot of bearish pressure in the market as whales throw their bitcoin into the market. Bearish volume increases. Short increases. All these bearish signs support the last points of supply. A final push below the support is determined by a Sign of Weakness (SOW), which shows that the market is likely to continue in the bearish direction. In any case, the bearishness of this whole constellation should not be underestimated. As it is unlikely that this level holds and Bitcoin has the ability to continue to form new highs, a major bear market is likely to enter. Once the Wyckoff distribution pattern is completed, the bear market will unfold in its full determination. Therefore, thank you very much for watching.
INDEX:BTCUSD
by VincePrince
16