In the daily and weekly time, it has been moving in a descending channel, after the bottom formation in the 0.64 area, a motivational wave has started, which is now facing selling pressure in the supply area after the sub-swing break. 🔰 Therefore, this correction can be a pullback to the green box area, which can face demand in the green box area and continue the...
In the previous post, it was mentioned about the movement of the currency in the weekly time. In this post, it is moving in a medium-term ascending channel in daily time. After the high strength failure of the supply area, pullback to the broken structure is currently being completed. Therefore, it is expected that this pool will be completed in the green box...
🔍 Technical analysis: Ascending channel In daily time, 1D is moving in an ascending channel. 💎 According to the pullback to the broken structure and the major roof, this upward movement can continue until the next area and the roof of the channel. Considering that it is currently in the middle of the channel, the candlestick above the area reinforces the bullish...
🔍 Technical analysis: Bullish flag in corrective zigzag wave 4 According to the analysis presented in the previous post, wave 3 or rising C in the area of 2.618 Fibo of the previous wave itself was completed. 💎 But now in the 1D time frame a bullish flag is formed in the form of wave 4 zigzag. After exiting the congestion and descending channel in the supply...
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At 8h, it is in the trading range area, which has good reactions to the supply and demand areas. 💎 Currently, it is moving to the supply zone in an upward channel, which has faced a temporary correction after the negative reaction to the zone. But if it maintains the area of 0.00000894, it can break the supply area and continue its growth until the next supply...
Mantra is an L1 blockchain network that produces a bridge between TradFi and DeFi by providing the necessary infrastructure for tokenizing RWA. 💎 In the 1D time frame, it has encountered an increasing trend after exiting the descending channel. 💎 Currently, after reaching its previous major ceiling, it has faced increased selling pressure. Considering that the...
In the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time. 💎 But now a multiple compound correction has occurred as seen in the chart. 💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ...
According to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range. 💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel. ...
💎 In the daily and weekly time, it is moving in an ascending channel, which is currently suffering after breaking the channel on the ceiling of the previous wave channel that broke. 💎 If this three-wave corrective movement ends in the green box area, I expect it to move towards the next target of the supply zone specified in the chart. 💎 The first scenario : in...
In the weekly time, it is moving in an ascending channel, which after a complex correction and higher floors has formed a runner zone, which can now complete an ascending wave in the specified area, which is the supply area. Therefore, 🔰 in the first scenario, I expect a correction with the support of the $2,500 area after touching the zone, which can appear more...
In the daily time, it is moving in an ascending channel. It is currently on the roof of the channel. 💎 According to the current momentum, this movement can have another growth with the support of the green box area, with the breaking of the channel as much as the width of the channel. 💎 This bullish step can be wave 3 or bullish C after a three-wave combination...
In the previous analysis, we saw a 50% growth. But it is currently facing selling pressure in the supply zone, which we expected to move up to the specified zone according to the survey. 💎 Now, according to the structure and behavior of the current movement, it is in wave 4 of 3. 💎 Therefore, if the demand area does not break down and in the range of...
According to the previous analysis, which was checked in the weekly time frame, until the dynamic trigger continued its growth, after which it faced a combined correction. 💎 Currently, in the 8H time frame, after a rise to the supply range and the constructed neckline, it has faced a correction to the green box area. 💎 Now it is inside a corner pattern in the...
In the weekly time, after a complex correction, now after exiting the concentration, it can take two paths in the face of the resistance ahead, of course, 🔰in the lower time, a shadow has been cast on the green box area. Therefore, after breaking the red bar, it will have the ability to grow up to the first supply zone, and if it continues, it can touch the...
In 1 hour time, it is moving in an ascending channel. It is currently within the range of the channel ceiling and the supply area. According to the divergence that exists, a correction to the middle of the channel and the bottom of the green box range can be done. 💎 If it breaks the supply range, this divergence will be invalid. So for now I expect it to have...
In the 4H time, after a mixed correction, it has reached the $1 range, after which it has faced demand. 💎 It is currently moving in a downward channel. According to the current momentum in the region, the current demand is suffering. In the next step, it can continue to grow up to the supply area and the ceiling of the channel, which is a dynamic trigger. 💎 If...
In time 1H, it is moving in an ascending channel. 💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box. 💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth...