melikatrader94

melikatrader94

hello guys. let's dive into btcusdt! Analysis: Inverse Head and Shoulders Pattern: A clear inverse head and shoulders pattern is visible on the 4-hour chart, signaling a potential trend reversal. The head is formed at 93,842 USDT, with left and right shoulders forming near 96,598 USDT. Neckline Resistance: The neckline resistance at 102,698 USDT has been...

melikatrader94 Updated 

hello guys. Pattern Analysis 1. Head and Shoulders (Inverse): Left Shoulder: Formed after a minor retracement around the 0.00001900 level. Head: Established after the price made a lower low around 0.00001700. Right Shoulder: Developed after a higher low near 0.00001900, maintaining symmetry with the left shoulder. This pattern is a strong reversal signal, often...

melikatrader94 Updated 

hello guys! as you can see I've published before: the dogs broke the top line of the triangle so we can expect an upward movement here! the target of both scenarios is the same! around $0.00091! do you think which scenario will happen?

melikatrader94 Updated 

hello guys! Broken Descending Channel: DOGS/USDT has decisively broken above its long-term descending channel, indicating a shift from a bearish to a neutral or bullish phase. This breakout is often a precursor to a trend reversal. Consolidation and Symmetrical Triangle: After breaking the channel, the price entered a consolidation phase, forming a symmetrical...

melikatrader94

hello guys. I believe doge will continue to upward movement as far as it can! Now, it is forming an ascending channel at the end of a sharp movement! now formed two peaks and the next one is coming! there are two scenarios here: 1- Starts an increase from here! 2- First, it will touch the bottom line and then prepare for an upward movement!

melikatrader94 Updated 

hello guy. let's analyze Floki! 1. Chart Overview: - The chart is of Floki Inu (FLOKI/USDT) on a weekly timeframe. - Current price: approximately 0.00015197 USDT. - The chart displays a rounded bottom pattern, a bullish reversal pattern. 2. Key Patterns: - Rounded Bottom and a cup and handle pattern: The chart shows a clear rounded bottom pattern...

melikatrader94 Updated 

Ethereum's price action is a masterclass in market psychology, with every move reflecting a deeper narrative of struggle and eventual victory. The story begins with hidden bullish divergence , a subtle but powerful clue signaling the end of a bearish reign. As ETH tests its descending trendline, market participants hold their breath, anticipating whether this...

melikatrader94 Updated 

hello there! as you can see gold broke the ascending channel once and it returned! now in a short time frame, it is forming a Quasimodo pattern! this pattern confirmed our short position suspect! in a higher time frame, it formed an engulfed candle too! the target of this position is the internal trendline! let's see what will happen!

melikatrader94 Updated 

hello guys... let's investigate about BTC through Elliot! Wave 1 to Wave 4: Wave 1 initiates the bullish trend. Wave 2 consolidates into a flat or corrective pattern. Wave 3 is extended, showing a strong upward trend (impulse). Wave 4 forms a triangle or corrective structure, preparing for Wave 5. as you know there are 3 common alternative waves 5 right...

melikatrader94

hello guys! such a days for Tron holders:) I believe the upward rally will not stop! it will continue! it formed a sharp movement and then a triangle pattern or a pennant pattern and now we can expect another bull move! when we can enter: 1- the gray area! 2- when the top line of the pattern breaks up! the next target for this pattern is $0.51

melikatrader94 Updated 

hello guys! let's dive into analyzing Ton! Double Bottom Formation: The price formed a textbook double bottom pattern around 4.52 USDT, signaling a strong reversal from the prior downtrend. Neckline Breakout: The neckline of the double bottom at 6.20 USDT has been decisively broken, confirming the bullish pattern. Ascending Channel: The price is now trading...

melikatrader94

Analysis: Ascending Channel: The price of SOL/USDT is moving within a clearly defined upward channel, with higher highs and higher lows. Key Fibonacci Levels: The chart highlights Fibonacci retracement levels, particularly around the 0.5 (230.10) and 0.618 (246.62) areas, which serve as potential support and resistance zones. Current Resistance Zone: The price...

melikatrader94 Updated 

hello guys! Technical Analysis: Price Action: Ethereum (ETH/USDT) has broken above the critical resistance zone near $3,546, now acting as support, confirming bullish momentum. Structure: After a sharp rally, the price is consolidating just below the $3,641 level. This indicates a healthy pause in the uptrend, forming a base for further upside. Resistance: The...

melikatrader94 Updated 

hello guys. Key Observations: Ascending Triangle Breakout: The chart depicts a bullish ascending triangle pattern, which has successfully broken above resistance at approximately $2,980. This is a strong continuation signal. Fibonacci Retracement and Extensions: Price cleared the 0.618 Fibonacci level near $2,850, confirming bullish momentum. Key resistance...

melikatrader94 Updated 

hello guys. Channel Breakdown: Gold has broken below its short-term ascending channel, signaling potential bearish momentum. Key Support Zone: The next critical support is marked near $2,628-$2,630 (highlighted zone), which previously acted as a consolidation area. Bearish Retest: The price may first retest the channel breakdown area around $2,690 before...

melikatrader94

hello guys! I wanna bet on this perspective:) I believe it would be a hunting in the daily time frame! Also, this pair engulfed the decision point! so we can consider a long position here! or wait until another confirmation happens!

melikatrader94 Updated 

hello guys, don't get me wrong! I still think btc remains bullish! but in one-hour time frame formed a head and shoulders pattern and broke it down! so we can expect a downward movement until $95921! but the Blue area is great for getting long positions too!

melikatrader94 Updated 

Key Observations: Ascending Channel: Gold is trading within a well-defined upward channel. The recent rejection near the upper boundary confirms resistance at higher levels. Pullback Underway: The price has shown a pullback from the highs and is approaching the internal trendline around $2,642, which could act as interim support. Major Support Zone: The...