Good Evening everyone,
The bitcoin downtrend is heading towards the 39000 area where the bearish head and shoulders target is located and where we have the minimum ratios on the PRZ of the bullish shark in formation. The other possibility is that the bearish momentum continues until the price action area @ $ 33000 where the PRZ of a bullish bat is forming.
Good Evening to everyone!!!
I want to share this idea on Cardano , today.
There is a Bearish Harmonic Shark arriving at the completion point @ area $ 1.85. This area is also the target of the top bottom 2018-2021!!!
After a strong bull pump that took it to the ath, is showing a bearish divergence on the RSI.
Monitoring the price action at this level, i wait for a...
The 4h chart is clearly showing an Harmonic Bullish Head & shoulder aiming to fill up the gap between $ 58000-60000 .
Bullish trend for BTC spot market is up and running with a target at $ 63000- 65000.
I got few bearish harmonic pattern forming at this price area , and , i believe is the completion of many ratios that will define a potential reversal of all the...
Here we go again.....
This the 4h tf chart that shows an Harmonic Bearish Crab almost at his completion point.
Although the best PRZ reversal point is @ 1.618 XA extension, i believe that the concomitant top bottom target price action and the 3.14 XA extension should be the best area where it will develop the reversal.
As a complement we got the RSI in the...
Good afternoon to everyone.
Ethereum is heading towards the target of the top bottom 2018-2021 .
We need to monitor this area because in my next chart i will show you a Bearish Crab pattern with the completion point exactly in the same price action.
Please Note: I'm not a pro trader, so my analysis are merely a suggestion as an Harmonic trading lover.
BTC is approching to the completion point of a bearish shark formed on the 1h chart.
RSI is closeto the overbought area showing a small divergence .
Price action is going to test the previous resistance pivot point.
In the PRZ window we can see the final test of the bearish harmonic impulse wave @ 0.886 and the 2.0 bearish shark extension.
On daily chart RSI is...
The same Harmonic movements are seeing in the 4h chart of Ethereum.
Following the BTC trend , it could reach the completion point @ 1.618 extension between $ 2000-1900 price action forming the bullish Harmonic Bat pattern ,
anchored to the RSI movements towards the oversold area .
Reversal and pull-back to the $ 2300-2400 price area.
The 'harmonics' movements Feb-Apr 2021 has something extraordinary, especially anchored to the divergences of the RSI which are much better seen using the heikin hashi chart which better conveys the momentum of the trend, being a trend following / swing itself.
Always based on the reading of the RSI and linking it to the current trend, I foresee 2...
BTC is bouncing and re-bouncing against the dynamic resistance following his downtrend.
I expect a reversal @ the completion point of the Bullish Harmonic Gartley pattern $ 52300-52800
positioning the s/l @ $ 50900 and the tp1 @ $5430 and tp2 @ $ 55400
Bearish Harmonic Gartley pattern arriving to the completion point .
Setting up the PRZ at the price action between $ 2371- 2431 with the s/l positioned @ $ 2491.
Waiting for the reversal T-bar and the bearish signal movement on the RSI .
Might be the bull will continue to the 1.13 Fibo estension @ the price $ 2550 new ath and reverse thereafter as indicated from...