According to the previous analysis, Bitcoin accumulated and grew below our stop loss liquidity, but still did not reach our goal. Our expectation for price correction is to hit a stronger area. The medium-term trend of Bitcoin is downward, but the long-term trend of Bitcoin is still upward, and considering that Dominance Tether is in a downward trend, we can...
In order to better analyze the movement of Bitcoin, we checked Tether's Dominance. Dominance Tether can rise to the weekly or daily supply area after the formation of Chuck and Engulf of the weekly SR line, and then fall again from there, where we can see the growth of Bitcoin for high targets.
After hitting the weekly supply area, West Texas oil took a bearish trend, which is not over yet and can continue its downward trend by hitting the daily supply area to reach our desired weekly demand area. The range of $57-61 is a strong weekly range where we can expect a trend reversal.
Gold is in an uptrend that is completing the Wykov structure in the higher time frame after the ATH registration. Gold can start its downtrend and see lower targets.
Silver can correct to the daily demand area and from there we can see an upward rally to the weekly supply area. The range of 21.754-22.242 dollars is an important area for silver and we expect the price reaction from this area to the range of 27 dollars. If we lose this area, we expect a reaction to the lower area.
In the previous analysis, we expected the price to reach at least the daily zone and expected a price reaction from Aja. But the price fell close to the main area and started to fall from there. Considering that we have not yet reached the main area, the price can continue its upward trend by gathering liquidity below the 4-hour area until it reaches its main...
After breaking the ceiling of the weekly range area, Storj can grow to the weekly supply area in the medium term.
After registering a new floor, the price can rise up to the specified targets. If you are a swing trader, the targets are clear, and if you are a day trader, the short-term target is also clear.
After breaking the weekly ceiling, JMX is in a very good place and can grow well. You can make a good purchase in two steps.
Bitcoin can grow at least from the 1-hour demand zone to the daily supply zone, and there we can see the price reaction. There, by examining the behavior of the price, we can decide to continue the trend or reverse the trend.
The price entered the correction phase after hitting the weekly supply area. We can expect price correction from the daily supply area, which is located in the heart of the weekly area, to the weekly demand area. In the demand area, we have a strong weekly support along with long-term trend line support, where we can expect a deeper correction if the support is...
The price after ATH registration is forming the Wykov structure. A sharp price correction can be expected. Currently, the price can reach the daily supply area inside the weekly supply area and from there it can fall to the weekly demand area. In the demand area, price behavior should be re-examined.
After breaking the weekly ceiling and consolidating above it, the price entered a 12-hour wide area and started to correct. We expect that the decline will continue until the 12-hour demand area and then we will witness the continuation of the price increase until we reach the 2-day supply area, which is located in the heart of the weekly supply area, and from...
After breaking the weekly ceiling and consolidating above it, the price is now in a daily demand zone in the heart of the weekly demand zone, which can rise to the weekly and monthly supply zone.
After reaching the monthly supply area, the price has reacted to it. We expect a deep price correction and the formation of a downward trend. It is expected that after reaching the daily supply area, which is located in the heart of the weekly and monthly supply area, the price will react to it and start its downward trend.
Currently, the franc is in a downward trend and it needs to raise the necessary liquidity to reverse the trend. We expect the price to react after reaching the 4-hour supply area and continue its downward trend to reach the weekly demand area. By accumulating cash there, we expect the trend to change.
The price is reaching the weekly demand area and also has the support of the long-term trend line. The price is expected to reach the daily demand zone, which is in the heart of the weekly zone. Then from there we expect the price to return and then the incomplete break of the previous ceilings will go to the specified weekly supply area and start a downward trend...
Yen USD entered a correction after hitting the weekly supply area. Now it is close to a daily support in the heart of the weekly support and we expect the price to return to the previous ceiling. If this support fails, the price can move to the floor of the trading range.