melikatrader94

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HELLO GUYS. Current Trend: Bitcoin is currently in an upward channel, but showing signs of potential consolidation or pullback. Key Support Zone: The first highlighted blue zone, which is around $85,500, serves as the immediate support. A break below this level could trigger a bearish move. Short Position Opportunity: If the price breaks below the support zone,...

melikatrader94

hello guys! it is my perspective about #doge: but let's dive into a lower time frame: Triangle Pattern: Dogecoin is forming a descending triangle pattern, which typically signals a bearish continuation if support is broken. Resistance Level: The price is facing resistance near $0.41, as indicated by the upper boundary of the triangle. Support Zone: The...

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hello guys. Current Price Movement: Bitcoin has experienced a strong upward movement, nearing the resistance zone around $82,000–$83,000. It is trading near the upper boundary of a rising channel. Scenario 1: A potential bullish continuation where Bitcoin could break above the $83,000 level, pushing towards $84,000–$85,000. Scenario 2: A possible pullback...

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hello guys, let's dive into MEXC:PEIPEIUSDT analysis: technical point: 1- it is in a descending channel! 2- it is forming a head and shoulders pattern! 3- there is a reachable area in front! the key areas to watch: 1- waiting for a broken channel! 2- waiting for a broken neckline! targets for the long position: 1- 0.0000017 area as the target of the head and...

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hello guys. let's analyze ETH! Trendline Breakout: ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment. Pattern Breakout: The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum toward higher targets. Reversal Zones: The first potential...

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hello guys! let's analyze GOLD! Downtrend Break: The sharp decline suggests a bearish sentiment as gold fails to hold previous support levels around $2,693. Retest Zone: There is a potential retest zone around $2,678 - $2,693. If the price retraces to this area and faces resistance, it could signal a continuation of the downtrend. Next Support Target: If the...

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hello guys. such a day! ha! Channel Resistance: Price is moving along an upward channel, nearing resistance levels at approximately $81,000 and $83,000. Fibonacci Extension: The Fibonacci level at 1.65 aligns with a target zone, suggesting potential resistance around $81,000 - $83,000. Short-Term Pullback: A minor pullback within the channel is possible...

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hello guys. Pattern Identification: This chart suggests a potential "Cup and Handle" pattern, often considered a bullish continuation pattern. The rounded base forms the "cup," followed by a consolidation phase that could complete the "handle." Support Levels: The range between $0.05 and $0.07 shows strong historical support, providing a base for the current...

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hello guys. Pattern Formation: The inverse head and shoulders pattern, with a well-defined neckline, indicates a bullish reversal signal. Breakout Confirmation: Price has broken above the neckline, a key resistance level, which suggests a continuation toward higher targets. Price Targets: If the bullish momentum holds, the next major resistance is around...

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hello guys. The BTC/USDT 4-hour chart indicates a strong bullish trend, with Bitcoin trading within an established ascending channel. The price has been respecting both the upper and lower trendlines, creating potential upward scenarios. Here’s an in-depth technical analysis: Ascending Channel: Bitcoin is steadily moving within an ascending channel, with...

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hello guys. as you can see the btc made a wedge and broke it down! but the target of this short position is not far away! the main trend still is bullish. we expect the price will touch upper levels as well

melikatrader94

hello guys. Downtrend Channel: DOGS has been trading within a descending channel since early September, reflecting strong bearish momentum. Breakout Attempt: The price recently attempted to break above the descending channel's resistance, suggesting a possible change in trend. Support Zone: A consolidation zone was established around the 0.0005500 level,...

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hello guys. Consistent Downtrend: Price remains confined within a strong descending channel, repeatedly failing to break above the channel's upper boundary. No Bullish Signals: There are no signs of bullish divergence or reversal patterns, which suggests that the downtrend is likely to continue in the near term. Weak Support: Although there’s minor support...

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hello guys. are you interested in getting position in TRUMP coin?! Supply Zone (S&D): Price has recently tested a prominent supply zone around the $5.50 level, which acted as a strong resistance and caused a bearish reversal. Descending Channel: The price is moving within a descending channel, suggesting a continuation of the downtrend. The channel's resistance...

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hello guys. let's analyze ETH! it is on the descending channel and there is no sign of breaking it! I believe it will rise until it reaches the gray area and the gray area has the potential to decrease the price! let's see the price and what will do with the gray area

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hello guys. let's analyze BTC Ascending Channel: BTC is trending within an upward channel, with a broken resistance line acting as support, indicating a bullish trend. Scenarios Outlined: Scenario 1 (Bullish): BTC could continue its upward movement, aiming for $74,000 and potentially $76,000 if momentum holds. This scenario suggests a strong rally after...

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hello guys. Let's dive into FOREXCOM:XAUUSD analysis! Channel Support: Gold is currently trading within an upward channel, showing steady bullish momentum. Correction Point: The price appears to be correcting, aiming to test the 50% retracement level of the last upward spike, around $2,721.50. This area aligns with strong support, often referred to as the...

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hello guys. Failed Breakout: Bitcoin attempted to break above the resistance zone around $69,400–$69,600 but was unable to sustain the move, indicating a potential lack of buying strength at these levels. Broken Trendline: The price has already broken below a key ascending trendline, reinforcing the bearish bias in the short term. Bearish Zone: The shaded pink...