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Harmonic Patterns

#GALA/USDT — Holding the Last Fortres, Recovery or Final Break#GALA The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.00595. The price has bounced from this level multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.00627 First target: 0.00641 Second target: 0.00658 Third target: 0.00677 Don't forget a simple principle: money management. Place your stop-loss below the support zone in green. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
LINK/USDT — Descending Trendline Test: Break or Rejection?LINK/USDT on the 12H timeframe is still moving within a medium-term bearish structure, but price is currently testing a major descending trendline resistance that has capped upside movement since the previous highs. This places LINK in a critical decision zone. --- 📐 Pattern & Price Structure Primary Pattern: Descending Trendline (Bearish Structure) Price has been forming consistent lower highs and lower lows. Price is now approaching a dynamic resistance (yellow trendline), which has: Acted as strong resistance for months Become a key validation level for either continuation or reversal Additionally, price is consolidating in a tight accumulation range below the trendline, often a precursor to a strong breakout or breakdown. --- 🧱 Key Levels Resistance: 13.55 – 14.70 → Minor resistance / supply zone 16.50 → Next structural resistance 18.50 – 19.90 → Extended bullish targets after a confirmed breakout 23.40 → Major resistance / previous distribution area Support: 12.40 – 12.00 → Nearest support & demand zone 11.70 → Critical support (bullish invalidation) 11.10 → Extreme support / last defense --- 🟢 Bullish Scenario Price breaks and closes decisively above the descending trendline on the 12H timeframe. Ideal confirmation includes: Strong candle body Trendline retest holding as support Potential upside targets: 14.70 → 16.50 Extension toward 18.50 – 19.90 A valid breakout would: End the lower-high structure Signal a medium-term trend reversal or bullish continuation --- 🔴 Bearish Scenario Price fails to break the trendline and prints a clear rejection (long upper wick / bearish engulfing). A breakdown below the current range opens downside potential toward: 12.00 retest Extension to 11.70 – 11.10 As long as price remains below the descending trendline, the primary bias stays bearish / corrective. --- 🧠 Conclusion LINK/USDT is trading at one of the most important technical zones in recent months. Price reaction at the descending trendline will define the next major move: Breakout → structure shift & bullish opportunity Rejection → continuation of the downtrend Patience and confirmation are key to avoiding false breakouts in this area. --- #LINK #LINKUSDT #Chainlink #CryptoAnalysis #TechnicalAnalysis #Altcoins #Downtrend #Trendline #Breakout #CryptoTrading
Long
by CryptoNuclear
USDCAD Short term biasUSDCAD is showing early signs of a bullish reversal after a prolonged downtrend. Price has reacted strongly off a key demand zone and is now breaking above the descending trendline, which suggests weakening bearish momentum. As long as price continues to hold above the reclaimed support area, a move toward the next resistance zone is likely. A sustained push higher would confirm the bullish shift, while a loss of the demand zone would invalidate the setup. Let's see how it goes. Will be getting out at 70/80% of the move. As always, proper risk management is paramount.
Long
by Salvatore_x
BTCUSD 1H Corrective Range after Supply RejectionBTCUSD 1H is trading within a corrective range after rejecting a clearly defined supply zone. Earlier bullish momentum, highlighted by higher highs, higher lows, and an ascending trendline, weakened near 90,000–90,200, where repeated rejections indicated strong selling pressure. Failure to hold above this level caused a break below the trendline, confirming a short-term structure shift. Price now forms lower highs under a descending trendline, showing controlled selling rather than aggressive liquidation, suggesting consolidation within a wider range. Supply: 90,000–90,200 remains primary resistance and key supply. Secondary resistance lies at 88,800–89,200, aligned with recent lower highs and the descending trendline. Demand: Immediate support is 87,200–87,000, maintaining consolidation if held. Below this, the higher-timeframe demand zone at 84,500–84,200 marks prior strong buying and the range low. Price reactions here will determine the next move.
OANDA:BTCUSDLong
by SwingTrade_Concept
SOL/USDT – Accumulation or Continuation? Key Support!SOL/USDT on the 8-hour timeframe is still moving within a bearish corrective structure / broader downtrend, characterized by a series of lower highs and lower lows since the rejection from the 230+ area. Currently, price is trading inside a strong historical demand zone at 127–121, which previously acted as a major accumulation and bounce area. Price is now consolidating above this demand zone while pressing against a descending trendline, making this area a critical decision zone for the next major move. --- Pattern & Price Structure 1. Descending Trendline (Bearish Pressure) The descending trendline remains valid and unbroken Each recovery move continues to be capped by this trendline Indicates seller dominance is still present 2. Demand Zone / Support Base (127 – 121) The yellow box marks a strong demand zone Multiple lower-wick rejections indicate active buying interest Price is forming a base / consolidation range above support 3. Compression Pattern (Range Tightening) Price is compressed between: Dynamic resistance (descending trendline) Static support (demand zone) This structure often leads to a high-momentum breakout --- Key Levels Dynamic Resistance: Descending trendline Horizontal Resistances: 144 154.5 167 177 Major Support: 127 121 Invalidation Level: Strong close below 121 --- Bullish Scenario The bullish scenario is valid if: 1. Price holds above the 127–121 demand zone 2. A strong candle close breaks above the descending trendline 3. Volume expansion confirms the breakout Upside Targets: 144 (minor resistance) 154.5 (key reaction level) 167 (mid-range resistance) 177 (major resistance) A confirmed breakout above the trendline may signal a trend reversal or bullish continuation from a base structure. --- Bearish Scenario The bearish scenario occurs if: 1. Price fails to break the descending trendline 2. A strong breakdown and close below 121 3. The demand zone fails to absorb selling pressure Downside Risk: 116.8 (previous low) Further downside could form new lower lows, continuing the broader bearish trend --- Conclusion SOL/USDT is currently at a critical decision area. The 127–121 demand zone is the key level to watch: Holding support + trendline breakout → bullish reversal potential Demand breakdown → bearish continuation Patience is required. Wait for clear breakout or breakdown confirmation before committing to a directional trade. --- #SOLUSDT #Solana #CryptoAnalysis #TechnicalAnalysis #DescendingTrendline #DemandZone #SupportResistance #AltcoinTrading #CryptoMarket
Long
by CryptoNuclear
Liquidity Builds Before the Real MoveOn the 1H timeframe, Bitcoin remains locked inside a clearly defined sideways range, bounded by a support zone around 86,700–87,000 and a resistance zone near 90,300–90,600. Price is currently trading around 88,500, which places it firmly in the middle of the range — a location that typically favors indecision rather than directional conviction. From a market structure standpoint, Bitcoin has repeatedly failed to establish acceptance above the resistance zone. Each impulsive push into the 90K area has been met with swift rejection, signaling that sell-side liquidity remains active at the highs. These reactions confirm that the resistance is not yet weakened and continues to cap upside attempts. On the lower boundary, the support zone has been respected multiple times, producing consistent rebounds. However, these reactions have become increasingly corrective rather than impulsive. This suggests absorption and balance, not aggressive accumulation. As long as price holds above this zone, downside continuation remains limited, but the lack of strong follow-through keeps the market range-bound. The current price action shows compression and volatility contraction, a classic behavior ahead of expansion. Liquidity is being built on both sides of the range. A sustained break and acceptance above 90,600 would be required to confirm a bullish continuation scenario, while a clean loss of 86,700 support would expose lower liquidity pools and shift the bias decisively bearish. From a broader macro perspective, Bitcoin remains sensitive to overall risk sentiment and liquidity conditions. With no clear macro catalyst or volume expansion visible at this stage, the market continues to favor range rotation rather than trend development. In summary, Bitcoin is not trending it is consolidating. Until price decisively exits the 86,700–90,600 range, traders should prioritize reaction at key levels, patience, and disciplined risk management, rather than anticipating a breakout prematurely.
BITSTAMP:BTCUSDLong
by Mathew_TraderGold
A Strong Buy Case for Innovative Solutions and Support $ISSCIn the dynamic arena of equity investing, aligning with stocks demonstrating robust upward revisions in earnings estimates is a powerful strategy for capitalizing on near-term momentum. Innovative Solutions and Support, Inc. (ISSC) presents a compelling opportunity in this regard. The company is currently benefiting from a significant and sustained wave of analyst optimism, which has translated into sharply higher consensus earnings forecasts. This fundamental improvement, a key driver of stock price appreciation, is already manifesting in ISSC's impressive short-term price action. For investors seeking to position themselves ahead of potential continued gains, ISSC warrants serious consideration, as its improving earnings trajectory may not yet be fully reflected in its market valuation. The critical link between analyst estimate revisions and subsequent stock performance is well-documented. Empirical research consistently shows a strong positive correlation: as analysts collectively raise their future earnings projections for a company, its stock price tends to follow upward. This principle is the foundational engine of the Zacks Rank, a quantitative stock rating model with a distinguished, externally-audited track record. The system's highest designation, a Zacks Rank #1 (Strong Buy), has proven exceptionally potent; stocks earning this rank have generated an average annual return of +25% since 2008, significantly outpacing the broader market. Innovative Solutions and Support has recently earned this coveted Strong Buy rating, and the rationale is clear in the granular estimate revision data. Analysts covering the company are exhibiting strong consensus in their upgraded outlooks: Current Quarter Momentum: The Zacks Consensus Estimate for the upcoming quarter has surged 42.86% higher over the past 30 days, now standing at $0.10 per share. This represents a staggering year-over-year increase of +150.0%. Importantly, this revision is fueled by unanimous positive movement, with one analyst raising their estimate against zero negative revisions, indicating clear and undiluted optimism. Full-Year Foundation Strengthens: The positive sentiment extends to the full fiscal year. While the current consensus of $0.80 per share reflects a modest decline from the prior year, the recent trend is decisively upward. Over the past month, two analysts have raised their full-year estimates with no offsets, pushing the annual consensus 7.38% higher. This upward trajectory suggests the earnings base is strengthening as visibility improves. This powerful combination of soaring near-term projections and a firming long-term outlook provides a fundamental catalyst that has already ignited the stock. ISSC's share price has exploded, gaining 99.2% over the past four weeks alone. While such a dramatic move may give some investors pause, the key question is whether the momentum can persist. Given that the stock trades with a top-tier Zacks Rank, history suggests that positive estimate revisions often precede extended periods of outperformance, implying that further upside may still be attainable as the new earnings potential is digested by the market. For investors considering an entry, a disciplined approach that integrates this strong fundamental picture with technical analysis can help manage risk. The chart reveals three distinct Fibonacci retracement levels that may serve as crucial support zones during any consolidation or pullback, offering potential areas for strategic accumulation: Primary Support Zone: $14.25 - This level corresponds to the 0.5 Fibonacci retracement of the recent major upward move. It represents a key midline support and a logical area where buyers who missed the initial breakout might re-enter. Secondary Support Zone: $15.69 - Aligning with the 0.382 retracement level, this zone offers a shallower pullback support, indicating sustained bullish strength if the price holds above it. Tertiary Support Zone: $17.48 - The 0.236 retracement level marks a minimal, healthy retreat and represents the strongest of the three support tiers. A bounce from this level would signal that the prevailing uptrend remains intensely powerful. In summary, Innovative Solutions and Support, Inc. (ISSC) represents a synergistic opportunity where potent fundamental drivers—evidenced by its Zacks Rank #1 (Strong Buy) and sharply rising earnings estimates—are confirmed by explosive price momentum. The presence of clearly defined technical support levels provides a framework for managing entry and risk. For momentum investors, this combination of a proven earnings revision catalyst, top-tier quantitative rating, and actionable chart levels makes ISSC a stock worthy of immediate attention for potential inclusion in a growth-oriented portfolio.
NASDAQ:ISSCLong
by KalaGhazi
What to Expect this week for EURUSDThe price has been forming a clear Elliott Wave pattern to the upside since early November 2025. The first impulse wave retraced to the 78.6% level, followed by another bullish impulse that pulled back to the 38.2% level. A pullback to the 38.2% or 28.6% level typically indicates strong bullish momentum. As we observe the final impulse in the classic Elliott Wave structure, the price has now pulled back to the 50% level, a deeper correction than the previous 38.2%. This suggests the price may be starting to reverse. The key question is whether the price will break below the ascending trendline. I believe there is a strong possibility of this occurring. Let’s review the economic calendar for this week’s upcoming risk events. MAJOR RISK EVENTS TO WATCH OUT FOR THIS UPCOMING WEEK 📅 Tuesday, Jan 6 * Germany CPI / HICP Flash (Dec) – headline and harmonized inflation — market-moving for EUR and ECB expectations. Scheduled for ~13:00 GMT. 📅 Wednesday, Jan 7 * Eurozone CPI Flash (Dec) – inflation for euro area (headline + core) ahead of ECB context. * ADP Employment Change (Dec) – private payrolls preview of Friday’s jobs. * ISM Services PMI (Dec) – key for services-led U.S. economy. 📅 Thursday, Jan 8 * Eurozone Unemployment Rate (Nov) – growth/employment gauge for ECB outlook. * Weekly Jobless Claims – labor market breadth check. * Trade Balance (Oct) – net-exports impact on GDP narrative. 🔥 Friday, Jan 9 * Eurozone Retail Sales (Nov) – consumer demand signal. * U.S. Nonfarm Payrolls (Dec) – the big one for USD volatility (jobs + wages + unemployment). Key levels to watch Upside: Analysts highlight 1.1760–1.1807 as immediate resistance; a firm break and hold above this zone opens room toward previous highs near 1.1840–1.1917. Downside: Supports are clustered around 1.1700–1.1702; a decisive break below could shift bias back toward 1.16–1.15 in a deeper correction of the recent uptrend. What to expect this week Many short‑term outlooks describe the bias as cautiously bullish or neutral as long as EUR/USD holds above roughly 1.17, with the broader trend still pointed higher after the move up from 1.1585 and, earlier, from near 1.04. Direction is expected to depend heavily on upcoming U.S. employment and inflation releases and key Eurozone data, with the possibility of sharp intraday swings despite relatively contained overall ranges.
Short
by Michael_Harding
$ATROWhile the adage "the trend is your friend" is a cornerstone of short-term investing and trading, its successful application is a nuanced endeavor. Identifying a trend is one thing; accurately assessing its durability and momentum to profit from it is another challenge entirely. A common pitfall for traders is entering a position just as a stock’s price movement exhausts itself, leading to swift reversals and immediate capital losses. Therefore, the key lies not merely in spotting upward price movement, but in confirming that the trend is supported by underlying strengths—such as robust fundamentals, positive analyst sentiment, and upward earnings estimate revisions—that can fuel sustained momentum. For investors seeking to capitalize on stocks currently in motion, systematic screening tools are invaluable. A "Recent Price Strength" screen, for instance, is specifically designed to filter for equities demonstrating a powerful combination of technical and fundamental health. It identifies stocks in a confirmed uptrend, trading in the upper echelon of their 52-week range—a typically bullish indicator—while also being backed by sound financial foundations. This methodology separates fleeting spikes from potentially sustainable trends. Astronics Corporation (ATRO) recently emerged as a compelling candidate from such a screen, presenting a strong case for trend-based investment. The rationale for its selection is multi-faceted, grounded in both its performance across different time horizons and its technical positioning: First, a significant price appreciation over an extended period signals sustained investor confidence and a willingness to pay a premium for future growth. ATRO exemplifies this, having delivered an impressive gain of 17.3% over the past 12 weeks. This substantial move indicates a established bullish narrative that has attracted consistent buying interest. However, longer-term strength must be validated by recent momentum to ensure the trend remains active. A trend that has stalled or begun to reverse on a shorter timeframe can negate the longer-term view. Crucially, ATRO has maintained its upward trajectory in the near term, posting a further 1.5% increase over the past four weeks. This confirms that the bullish impulse is not only intact but continues to drive the stock price higher, reducing the risk of entering during a consolidation or distribution phase. Further reinforcing the bullish technical picture is ATRO's proximity to a key breakout level. The stock is currently trading at 96.8% of its 52-week High-Low Range. This positioning suggests it is testing a major resistance threshold; a successful breach above this level could catalyze the next leg of the uptrend as new buying interest is triggered. From a risk management perspective, the chart structure provides clearly defined support zones that can serve as logical areas for trend validation or stop-loss placement. These critical support levels are identified at $50.00, $45.00, and $42.50. A pullback that holds above these levels, particularly the higher ones, would be consistent with a healthy uptrend. Conversely, a decisive break below could signal a change in trend dynamics. Given this configuration of sustained momentum, high-range positioning, and defined support, a strategic price target for taking profits is established at $60.00. This objective balances the potential for continued trend progression with a disciplined approach to capturing gains. In summary, Astronics Corporation (ATRO) presents a textbook case for trend-following strategies. It combines a strong longer-term uptrend with confirmed short-term momentum, trades at a bullish extreme within its yearly range, and offers a clear technical framework of support and resistance. This confluence of factors suggests the trend is indeed a "friend" worth following, with a defined roadmap for entry, risk management, and profit-taking.
NASDAQ:ATROLong
by KalaGhazi
Market Update & Analysis: Great Lakes Dredge & Dock Corporation In the latest trading session, shares of Great Lakes Dredge & Dock Corporation (GLDD) demonstrated notable strength, closing up +1.07% at $13.26. This performance significantly outpaced the broader S&P 500 index, which posted a modest gain of 0.19% for the day. The stock's advance also contrasted with a mixed market backdrop, where the Dow Jones Industrial Average rose 0.66% while the technology-focused Nasdaq Composite edged slightly lower, losing 0.03%. This positive momentum extends beyond a single day. Heading into the session, GLDD shares had already accrued a gain of 1.78% over the past month. This monthly return is particularly impressive as it represents a substantial outperformance against both its immediate sector and the general market. Specifically, the stock has handily surpassed the Construction sector, which declined 2.51% over the same period, and the S&P 500, which advanced a more subdued 0.54%. All eyes are now turning to the company's forthcoming earnings announcement, which will be a critical catalyst for investor sentiment. Analysts are projecting quarterly earnings per share (EPS) of $0.23. If realized, this would represent a year-over-year decline of approximately 20.69%. However, this bottom-line contraction is expected to coincide with robust top-line growth. The consensus revenue estimate for the quarter stands at $219.45 million, indicating a healthy increase of 8.23% compared to the same period last year. This dichotomy suggests potential investments or cost pressures that may be masking underlying operational strength. Zooming out to the full fiscal year, the outlook becomes more decidedly positive. The current Zacks Consensus Estimates forecast annual EPS of $1.09 and revenue of $851.26 million. These figures imply meaningful year-over-year growth of +29.76% in earnings, with revenue expected to hold steady relative to the prior year. A key factor for investors to monitor is any recent revision to analyst forecasts. Such revisions are typically a direct reflection of evolving near-term business trends and management commentary. Upward revisions generally signal growing analyst confidence in the company's operational execution and future profit-generating capabilities. Empirical research has shown a strong correlation between positive estimate revisions and subsequent near-term stock price appreciation. This relationship is the foundation of the proprietary Zacks Rank system. The Zacks Rank is a quantitative model that systematically incorporates these estimate changes to provide a actionable rating for each stock, ranging from #1 (Strong Buy) to #5 (Strong Sell). Historically, stocks awarded a #1 (Strong Buy) rank have delivered exceptional results, boasting an average annual return of +25% since 1988. Notably, the consensus EPS estimate for GLDD has remained stable over the last 30 days, yet the company currently holds the coveted Zacks Rank of #1 (Strong Buy), underscoring a persistently favorable analyst view. From a valuation perspective, GLDD appears attractively priced. The stock currently trades at a Forward Price-to-Earnings (P/E) ratio of 12.04. This represents a significant discount to its industry peer group within the Building Products - Heavy Construction sector, which carries an average Forward P/E of 21.4. Furthermore, when accounting for growth, the stock's PEG (Price/Earnings to Growth) ratio is 1.0. This metric, which balances the P/E ratio against the expected earnings growth rate, suggests the stock is fairly valued based on its growth profile, especially when compared to the sector's average PEG ratio of 1.65. Technical Perspective & Strategy: From a chart analysis standpoint, GLDD has established a major support zone around the $11.00 level, which has historically acted as a floor for the stock during pullbacks. The recent price action, breaking above short-term resistance, suggests building bullish momentum. Given the combination of strong fundamental rankings, attractive valuation, and positive technical structure, a reasonable profit-taking target zone is identified around the $15.00 level. This target aligns with prior areas of technical resistance and would represent a compelling return from current levels, supported by the company's earnings growth trajectory. In summary, Great Lakes Dredge & Dock presents a compelling case based on its market-leading performance, strong analyst conviction as evidenced by its Zacks Rank, discounted valuation metrics, and a constructive technical setup with defined risk and reward parameters.
NASDAQ:GLDDLong
by KalaGhazi
BTCUSD 1H Structure, Key Levels and Price BehaviourBTCUSD on the 1H timeframe is showing a constructive price structure following a completed corrective phase. The recent pullback found support near the 86,500 region, where downside momentum slowed and price stabilised. From this base, the market recovered and reclaimed the 90,000 level, indicating a shift back toward bullish control. Price action above this area is now developing with higher highs and higher lows, suggesting improving short-term structure and trend alignment. The 90,000–89,800 zone acts as an important support area, previously functioning as resistance. As long as price holds above this region, the current structure remains intact. On the upside, the 91,000 area represents a near-term resistance where reactions may occur. Acceptance above this level would reflect continuation strength, while rejection would keep price rotating within the current range. Pullbacks into support should be evaluated in the context of overall structure rather than as standalone moves. Market focus remains on price behaviour around key levels and structural confirmation. Disclaimer: This analysis is for educational and informational purposes only. It does not constitute investment advice or a trading recommendation. Financial markets involve risk, and outcomes are uncertain.
OANDA:BTCUSDLong
by SwingTrade_Concept
FTNS Reaching a Potential Historic Bottom — Opportunity with StrSure, here’s the translation for you: Fitness Prime (FTNS) Stock Analysis Currently, the stock seems to have reached its historical bottom, and it’s expected not to revisit this level for at least the next two years. This could be a good opportunity to adjust your average cost. However, it’s important to keep risk management in mind, especially given the presence of negative news that may impact the stock’s performance. Important Note: This is not financial advice; it is purely a technical analysis.
EGX:FTNS
by MahmoudAty
FORTHUSDT UPDATE#FORTH UPDATE FORTH Technical Setup Pattern: Falling Wedge Pattern Current Price: 1.702$ Target Price: 1.268$ Target % Gain: 81.72% Technical Analysis: FORTH is breaking out of a falling wedge pattern on the 1D chart, indicating bullish potential. The price has recently surged above the resistance trendline, supported by an increase in volume. The setup is validated as the price approaches the key resistance areas. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames
DYDXUSDT UPDATE#DYDX UPDATE DYDX Technical Setup Pattern: Falling Wedge Pattern Current Price: 0.1915$ Target Price: 0.3428$ Target % Gain: 79.16% Technical Analysis: DYDX is breaking out of a falling wedge pattern on the 1D chart, signaling bullish potential. Price has started to reclaim the wedge resistance after a prolonged downtrend, and the structure suggests a momentum shift to the upside. The projected move aligns with the measured target shown on the chart. Time Frame: 1D Risk Management Tip: Always use proper risk management.
Long
by CryptoWithJames