BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21254.30
TP: 20055.03
SL: 22106.41
Bias: Short
The current price pattern of this instrument is bearish and the bear is heading downward and therefore we are to look for a selling opportunity.
Harmonicsignals
BANKNIFTYHello and welcome to this analysis
Bank Nifty after a stupendous run has reversed from a Bearish Harmonic Alt Shark suggesting a probable 38-50 Fibonacci retracement of the entire run since mid June.
Harmonic patterns are formed when structures synergize with Fibonacci ratios thereby giving higher probabilities of reversal confirmations.
This view will be valid till SPOT does not break above 39850
Risk Reward appears to be very good for a bearish trade.
BTC SHORT to 20.2kBitcoin just completed its Bearish shark pattern. The target is 1.13 fib of CD, as per the shark pattern rules.
This EXACT POINT meets the 1.13 BULLISH SHARK pattern from 20,720 to 24.7k a few weeks ago.
See you at 20.2k :) where I will go LONG
Possible Double Bottom, 22k StillPossible Double Bottom with good Buying.
Double Bottom pattern target is 1x above the neckline - this would be around 21,950-22k. The 0.886 fib X-D also meets here, which would create a potential bearish harmonic .
If this does happen, my profit target will be the 1.618 and 3.14 fibs - around 20k and 18.3k.
There is a descending triangle , but I won't be shorting here - I have a feeling it will break upwards.
22k then Dumpif XA=BC (AB=CD rule), then if we follow the same pattern as we are on this bullish reversal (0.446, 2.14) on short time frame, we could see 22k before a dump to around 18.3k.
The fibs lineup well to create a bear harmonic, and the potential Take Profit 1 would be 20k, with a final target of 18.3k.
Currently, there was a 0.382 retracement and the bulls bought. This is temporarily bullish.
BNBBTC LongTime Frame: 4H
Symbol: BNBBTC
Entry: 0.013261
TP: 0.013850
SL: 0.012757
Bias: Long
We are bullish for this instrument. We are planning a long trade.
ADAUSDT NeutralTime Frame: 4H
Symbol: ADAUSDT
Bias: Neutral
We are neutral for this instrument and we have to wait to see any significant opportunity.
SOLUSDT ShortTime Frame: 4H
Symbol: SOLUSDT
Entry: 36.85
TP: 30.79
SL: 41.18
Bias: Short
For this instrument our bias is bearish and we can search for a selling opportunity.
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 1715.32
TP: 1537.84
SL: 1819.21
Bias: Short
This pair is in a sort of correlation with the BTCUSDT and both instruments are on bearish drive.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21470.21
TP: 20112.82
SL: 22615.08
Bias: Short
This pair will drop further and the selling spree is in favor. We can sell.
BNBBTC NeutralTime Frame: 4H
Symbol: BNBBTC
Bias: Neutral
We do not see any strong pattern that will sustain in favor of any directional bias.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.5465
TP: 0.5764
SL: 0.5266
Bias: Long
We are planning a long trade from the current price projection and directional bias.
SOLUSDT LongTime Frame: 4H
Symbol: SOLUSDT
Entry: 41.99
TP: 45.54
SL: 38.64
Bias: Long
We plan for a long trade and our goal is to run the trade based on our current market study .
ETHUSDT LongTime Frame: 4H
Symbol: ETHUSDT
Entry: 1878.01
TP: 1983.95
SL: 1800.71
Bias: Long
Our bias is long and we are seeking a buying opportunity.
BTCUSDT NeutralTime Frame: 4H
Symbol: BTCUSDT
Bias: Neutral
We do not see any strong bias for this pair.
EURAUD | Bullish Harmonic PatternEURAUD | Bullish Harmonic Pattern
On the daily chart, EURAUD completed a very nice harmonic pattern.
This is a signal that during the coming days or probably weeks we may see EURO
to change the price direction.
Considering that this pattern is in a daily chart it will spend a lot of time to
create the reversal process and it will not be so easy.
Targets:
🎯 1.4635
🎯 1.4735
🎯 1.4890
Thank you and Good Luck!
BNBBTC NeutralTime Frame: 4H
Symbol: BNBBTC
Bias: Neutral
We do not see any trading opportunity for the time being. Our bias is neutral today.
ADAUSDT NeutralTime Frame: 4H
Symbol: ADAUSDT
Bias: Neutral
We do not have any directional bias for this pair.
SOLUSDT ShortTime Frame: 4H
Symbol: SOLUSDT
Entry: 43.09
TP: 39.64
SL: 45.24
Bias: Short
Our plan is to look for a short opportunity from the current price context. Our bias is bearish and therefore a selling opportunity is the way we can go.
ETHUSDT LongTime Frame: 4H
Symbol: ETHUSDT
Entry: 1889.20
TP: 2010.11
SL: 1794.19
Bias: Long
We are planning a long position considering the dynamic support of the instrument.
BTCUSDT NeutralTime Frame: 4H
Symbol: BTCUSDT
Bias: Neutral
We are neutral for this pair. We do not see any serious opportunity in any direction.
BNBBTC NeutralTime Frame: 4H
Symbol: BNBBTC
Bias: Neutral
There is no explicit bias for this instrument now. We are in a neutral position.
ADAUSDT LongTime Frame: 4H
Symbol: ADAUSDT
Entry: 0.5702
TP: 0.5996
SL: 0.5458
Bias: Long
Planning a long trade from the current price context. The goal is to take a position following the current trend.
