Get started

Shark

AVAX/USDT - Bearish harmonic shark formation is loadingAVAX/USDT- update- the time to be careful is approaching for a bearish harmonic shark formation The price continues to rise towards the channel middle band in the high time frame and this region intersects with the reversal region of the shark harmonic formation. In this case, the price is now gradually moving away from the 5-0 long direction region between 30-34. We can now talk about a correction for Avax between $59.94-$71.61. Of course, it would be appropriate to look for confirmation in low time frames for a short direction transaction and not to make aggressive decisions, without forgetting that we are in the bull season.
Short
by Japon_Ev_Hanimi
Bitcoin Dominance: Elliott Wave and Harmonics ComboBitcoin Dominance ( BTC.D) is giving a fantastic trading setup. It's preparing a BIG Bullish Swing. From an Elliott Wave point of view, a bullish Impulse Wave is about to start. In this case I'm talking about Super-Cycle (C) (turquoise). Moving on to Harmonic Patterns, there are two: The smaller one is the Bullish Shark, which is preparing its completion. The second one, and the bigger view, is the Cypher Pattern, which will commence one the Shark is done. So, bottom line: BTC.D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle. Bitcoin Dominance ( BTC.D ) Technical Analysis: * Elliott Wave Impulse: Super-Cycle (C) (turquoise) * Harmonic Pattern: Bullish Shark * Harmonic Pattern: Bullish Cypher * Double Bottom * Bullish Divergence * 88.6% Fibonacci Retracement * 61.8% Fibonacci Extension * Demand Zone Conclusion: Bitcoin (BTCUSD) is and always will be the one and only driver of the Crypto Markets.
CRYPTOCAP:BTC.DLong
by Lionheart-EWA
15
HARROW 16% INTRADAY DROP CAUGHT!Technical Analysis: HARROW (15-Minute Timeframe) This chart demonstrates a highly profitable short trade executed with precision using the Risological Indicator. A stellar 16% profit was captured in this intraday trade, showcasing the power of momentum trading. Trade Details Stock: HARROW Timeframe : 15-Minute Entry Price : $52 Exit Price : $43 Profit : $9 per share (16% intraday return) Key Technical Observations Perfect Entry Point: The entry at $52 aligns with the beginning of a sharp bearish breakout, as identified by the Risological Indicator. The indicator’s red resistance bands provided clear confirmation of a strong downward trend. Momentum Confirmation: A steep decline immediately followed the entry, with heavy bearish candles confirming the strength of sellers in the market. The gap and acceleration downwards signify a likely reaction to negative news or market-wide pressure. Dynamic Resistance: The price consistently respected the downward-sloping resistance bands, highlighting the dominance of sellers and a clear absence of bullish recovery attempts. Exit at $43: The exit near the $43 level demonstrates disciplined profit-taking, as the stock begins to consolidate and show signs of slowing bearish momentum. Analysis of Results This short trade captured the entirety of a massive 16% intraday move, leveraging the indicator’s precise trend-following signals. The sharp entry and timely exit reflect the strength of the Risological Indicator in identifying and capitalizing on market momentum. Key Takeaways Trend Confirmation is Critical: The trade capitalized on the established bearish trend, ensuring high probability of success. Indicator Precision: The Risological Indicator’s dynamic resistance bands provided clear visual cues for both entry and exit, removing guesswork. Risk Management: By exiting as momentum slowed, the trader avoided potential losses from a reversal or consolidation phase. This trade underscores the importance of using robust tools like the Risological Indicator to stay ahead in volatile markets, transforming short-term opportunities into substantial profits.
NASDAQ:HROWShort
by ProfitsNinja
BTC Shark to 5-0 PatternBitcoin is currently in a weekly Shark pattern, suggesting a potential pullback to complete the 5-0 pattern. We could see a move towards the T1 zone at $45,703 - $43,000. 5-0 Pattern: This pattern often follows the Shark pattern and indicates the completion of a corrective move after the initial reversal. The 5-0 pattern has a distinct structure, starting from the end of the Shark pattern and typically leading to a trend continuation after a brief consolidation or retracement. The last wick to $49,000 was swiftly bought up, indicating the low might already be in. However, with the SPX nearing equal highs and possible volatility around Jackson Hole, a retest of lower levels remains possible. RSI is trending just below the 50 zone on Daily and Weekly, suggesting a decision point is approaching. A move above 50 on the weekly would indicate the low is in, setting us up for upper targets at $70,315 / $76,197. If RSI rejects at 50, expect new lows. Key Levels: $49,000: A retest of this zone and a break above $63,139 will confirm the low is in. A break below $49,000 will aim for the T1 Target at $45,793. Buy Zone/Support Range: $45,703 - $43,000 $42,233 TD Support The next few days will be critical. If we hold above $49,000, we may avoid a deeper correction.
by TechChartMark