Get started

Harmonic Patterns

this is the MOST COMPLETED ANALYSIS on #NOT !#NOT lets start from the begining ! 1) we had a nice rising spike which has some liq in its small correction 2) after that the first demand zone was touched it could be the first wave down or a subwave for the first bearish wave 3) the second demand zone was touched and it was the real 1st bearish wave and the rising after that was the 2nd bearish wave 4) we had another demand zone at the bottom of the first rising spike when the market went down to touch this demand zone made an ABC pattern , the whole pattern made the 3rd wave 5) the market made a good rise this was our 4th wave 6) after the 4th wave , now the market is making an ABC structure to make the last wave , 5th wave , in this structure wave A and B are made now we are waiting for wave C to be made this was the whole elliot waves and technical analysis for notcoin as a fundamental for not coin : Notcoin (NOT) has recently experienced significant developments in the cryptocurrency market. In June 2024, following its listing on Binance, Notcoin's value surged, reaching an all-time high. However, it subsequently declined by approximately 39%, trading at $0.0166, reflecting the volatile nature of the crypto market. In August 2024, the arrest of Telegram's founder, Pavel Durov, in Paris on multiple criminal charges, including allegations related to illegal transactions and money laundering, had a profound impact on Notcoin. The token's price plummeted by 25%, dropping to $0.0086, as investor confidence was shaken. Despite these challenges, Notcoin's trading volume exceeded $1 billion, marking one of the largest gaming token launches of 2024. The token's market capitalization reached approximately $776 million, with a total supply of 102.7 billion tokens minted at inception. Analysts observe that Notcoin is currently near a critical support level, with technical indicators suggesting a potential bullish reversal if it maintains above this threshold. The formation of a falling wedge pattern indicates the possibility of a trend reversal, with target estimates potentially reaching up to $0.018. The cryptocurrency market remains highly volatile, and Notcoin's future performance will depend on various factors, including legal developments and market sentiment. Investors are advised to monitor the situation closely and exercise caution in their investment decisions.
Long
by stratus_co
sol buy limit longterm"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Long
by Golden_candle
1
Crude Oil: Testing Resistance Amid Bearish MomentumCrude Oil Update (1-Hour Timeframe) Chart Overview: Crude Oil is trading within a downward channel, respecting the resistance trendline, which aligns with the 50 EMA, signaling sustained bearish momentum. The price attempted a breakout but faced rejection at the resistance, confirming the downtrend. The support zone near 6,420 has held well but remains under pressure. Key Levels: Resistance: 6550 - 6570 Support: 6420 - 6400 Bearish Target: 6350 - 6300 (if support breaks) Strategy: Monitor for a breakout or rejection at the trendline for directional confirmation. A move below 6,420 signals further downside, while a breakout above 6,550 may reverse the trend. Risk Management: Maintain a stop-loss below the triangle's lower boundary for long positions and above the upper boundary for short positions. Disclaimer: This technical analysis is for informational purposes only and does not constitute financial advice. Always trade responsibly and manage your risks effectively.
MCX:CRUDEOIL1!Short
by Shalvisharma5
Key Points: Intraday BTC Price Movement Context: Options Expiry: $7.8 billion in Bitcoin options expire on January 31, with a significant portion out of the money. Max Pain Price: Key options price level is $98,000. Institutional Influence: Positive developments like rescission of SAB 121 (allowing banks to custody Bitcoin) could boost sentiment. Implied Volatility: High (DVOL ~60), indicating potential for significant price swings. Scenarios: 1. Bullish Scenario Catalyst: Institutional buying or positive announcements. Price Movement: Breakout above $106,850 with potential to test $110,000. Supporting Factors: Strong futures/options participation (open interest). Positive spot netflows (accumulation). Overbought technical indicators (RSI > 70). Confidence Level: Medium (60%). Resistance at $110,000 requires strong momentum. 2. Bearish Scenario Catalyst: Market gravitation toward the max pain level ($98,000). Price Movement: Rejection at $105,000-$106,000, retracing to $100,000-$98,000. Supporting Factors: Historical tendency for prices to move toward max pain before options expiry. Increased selling pressure in spot netflows. Neutral/negative funding rates (bearish leveraged sentiment). Confidence Level: High (75%). Options expiry dynamics favor the max pain theory. 3. Neutral Scenario Catalyst: Absence of significant market-moving news. Price Movement: Consolidation between $104,000-$106,000. Supporting Factors: Lower volatility as expiry approaches. Balanced long/short positioning (neutral funding rates). Confidence Level: Medium-High (70%). Key Indicators to Monitor: Netflow Data: Increased spot inflows → Bearish. Increased spot outflows → Bullish. Funding Rates: Negative → Bearish. Positive → Bullish. Volume & Open Interest: High activity near key levels confirms breakout or breakdown. News Impact: Institutional or macroeconomic announcements can override technicals. Trading Strategies: Bullish Setup: Entry: Above $106,000. Stop-loss: $105,000. Targets: $108,000 and $110,000. Bearish Setup: Entry: Below $104,000. Stop-loss: $105,500. Targets: $100,000 and $98,000. Neutral Setup: Focus on range trading between $104,000-$106,000. This structured thesis accounts for options expiry dynamics, technical factors, and market sentiment.
by titankarma