This analysis examines the wave structure of AAVE on the 4-hour timeframe. Based on Elliott Wave Theory and Fibonacci levels, the price appears to be in a corrective phase, with key support and resistance zones highlighted. Key Insights: Corrective Wave (ABC): The price has entered a corrective movement in the form of ABC after completing the third bullish...
This analysis examines the price movement of Synthetix Network Token (SNX) on the weekly timeframe. The structure of the waves and key trendlines have been identified to help traders determine entry and exit points. Key Highlights of the Analysis: Strong Support Zone ($1.75–$1.429): The price has recently reacted to a critical support zone between...
In this analysis, we explore the Elliott Wave structure for Ethereum (ETH/USD), highlighting the potential price trajectory in the mid-term. The chart indicates that the market has likely completed Wave 3 and is now entering the corrective phase of Wave 4. Key support levels and possible reversal zones are identified, making this analysis highly valuable for...
Following the realization of the previous analysis (attached to this report) , Bitcoin is currently forming a neutral pattern of an expanding type on the 4-hour time frame. If this scenario is in the process of completion, the final wave movement should not break the $89,925-$88,300 level. As long as this level is not breached, a price rebound and support are...
The chart highlights critical support and resistance levels along with possible price scenarios for Bitcoin (BTC/USD) on the 4-hour timeframe. The combination of technical patterns and momentum indicators offers a roadmap for potential future movements. Key Levels: Resistance at $95,600: The $95,600 level serves as a key resistance point. A breakout above...
This analysis highlights a harmonic pattern forming on Gold Spot (XAU/USD) in the 4-hour timeframe, along with critical support and resistance levels that may guide future price action. Key Levels: Support Zone: 2638–2630 This area represents a strong support zone where price may find buying interest if a pullback occurs. A break below this range could lead...
In this analysis of Solana (SOL/USDT), we dive into the key market structure and Fibonacci retracement levels that could guide the next price movements. The 4-hour timeframe reveals a corrective wave structure with crucial levels to watch, offering an excellent setup for both short-term and long-term traders. Key Insights: Retracement Zone Resistance...
The EUR/USD currency pair has extended its rally for the third consecutive day, trading near the 1.0430 level during Monday’s Asian session. This uptick is primarily driven by remarks from members of the European Central Bank (ECB) Governing Council and expectations of delayed interest rate cuts in the Eurozone. However, the hawkish tone of the Federal Reserve...
This analysis of Gold Spot (XAU/USD) on the daily timeframe highlights the price structure, Fibonacci retracement levels, and Andrews' Pitchfork, suggesting the possibility of further downside movement to key support areas. Key Highlights: Corrective Wave Structure and Key Resistance: The recent upward correction appears to have completed near the...
This analysis focuses on the USD/JPY pair on the daily timeframe, highlighting critical support and resistance levels. The current setup reflects the importance of a key range for maintaining the bullish outlook. USD/JPY Technical Analysis: Key Levels and Potential Scenarios This analysis focuses on the USD/JPY pair on the daily timeframe, highlighting critical...
The chart focuses on GBP/USD in the 1-hour timeframe, highlighting critical resistance levels and potential downside targets. The current setup indicates rejection from a resistance zone, with a potential move toward the predefined price targets. Key Levels: Resistance Zone at 1.2580–1.2590: This area has acted as a strong resistance, with the price failing to...
This pattern increases the likelihood that the uptrend is nearing its end this week. If the price cannot break 25.35-25.40, I expect the price to retreat to the level of 24.65-24.60.
Considering the one-day stagnation in the price of gold after an upward week, the possibility of a deeper price correction seems likely. If the one-hour candle does not close above the level of 2038-2041 dollars, I consider it probable that the decrease will continue to the specified ranges. If the price makes an hourly close above 2041, growth to the level of...
In the one-hour time frame, Bitcoin has established a resistance level of $37,800-$38,000 and a support level of $35,250-$34,950. To reach the support level again, it is necessary to break the level of $36,600.
The current of the trend indicates that the recent bullish single wave has been completed Momentum flow has taken a downward turn again. The price shows another downtrend in the path of the regression channel, which is confirmed by the break of the 1.2405-1.2391 support. The failure of this support level in the 30-minute time frame increases the possibility of...
The creation of a higher ceiling, which has made the formation of a higher floor possible, has now confirmed its upward rotation and we can expect continued growth up to the ceiling of the channel.
With the completion of this structure, the market is ready to continue the upward trend in the intraday time frames
Sustaining the support range of $41.25 - $42.30 enhances the likelihood of the price continuing to rise towards the $49.20 level.