If we consider Ethereum to be falling, we are actually moving completely against the direction of the trend. But in my opinion, this scenario has a 60% chance of falling. Not for trading and swinging, just for analysis. So do not trade according to this!
In my opinion, in the four-hour time frame, our trend will be downward until the specified areas. And then we will have an upward cycle again.
This is my view for the weekly Bitcoin chart It means that the general trend is upward from my point of view. Be sure to check the 4-hour chart, I have uploaded it in the continuation of the analysis.
The marked white lines are my targets . The first target is almost touched. After reaching the orange line, the cycle closes and dies, and a new cycle is born. FX:EURUSD
xauusd Sell positon , The new cycle is closing. We will drop to the desired level according to the algorithm.
When the candlesticks reach the specified level, the flag will be formed and then we will have the small up to the specified target. After the scenario happens, I will update the analysis.
The analysis was done according to fractal analysis and high and low. You can also see the flag drawn above. According to Dow Jones analysis, it should touch two targets. In case of touch target1, I will update the analysis.
According to the fractal view and the cyclical nature of the gold market, it can climb up to the $2000 area and after that it will fall to the specified targets, contrary to expectations. The first target is a definite thing for me, and it should be given time to check the second target.
According to the formation of this flag, gold gives us the possibility of falling to these two targets.
According to the ups and downs and waves that can be seen, it is expected that our first target will be touched with a high probability and our analysis will be successful.
In the previous analysis, we predicted the rise of gold and the candles hit our TP. In the new analysis, we see signs of gold falling according to H&L and analysis. In my opinion, gold will fall to the specified level with a high probability of 90%. Time will prove, not words. Mahan notebook. FOREXCOM:XAUUSD
I have checked the news. My analysis is based on the peaks and valleys of the market or highs and lows. I specified my views and opinions and the green arrow sign means a buy signal from my trading system. This is not a purchase offer and is just a market analysis. Suitable for people who analyze the market through highs and lows.
I accept the accuracy of my analysis as 90%. We have to wait for it to reach the target to publish the next update of the euro.
In my opinion , bitcoin can have another small drop by hitting its downward trend line, and for now, we cannot make a decision for bitcoin to rise much. Anyway, this is my analysis and my probability, don't consider it a signal! #If you like to be active and exchange opinions among analysts, contact me. tlgrm : Mahan_notebook
XAUUSD , trend line { check } pullback {check} multi-timefream {check} OANDA:XAUUSD
OANDA:XAUUSD ARE YOU AGREE ? this is my analysisi chart for XAUUSD.
KUCOIN:BLOKUSDT Blokusdt nice area for BUY. long term
An overview of the bitcoin trend and the impact of the Covid virus 19 BITSTAMP:BTCUSD