hello guys! Upward Movement: The price has been moving upward since the start of the period, breaking several resistance levels along the way. The price recently shot up after forming a consolidation pattern, which suggests bullish sentiment. The momentum is strong, but there is a small pullback that might occur soon. Current Trend: The chart indicates an...
hello guys! such a day! let's look at ADA! Breakdown from the Ascending Channel: The price has fallen below the ascending channel, signaling a potential bearish trend continuation. A key support level around 0.7765 was broken, and the price is now testing lower regions. Two Possible Scenarios: Bullish Rebound: If the price reclaims 0.7765, a retest of...
The EUR/USD weekly chart shows a clear double top formation, with the neckline already broken, indicating a potential bearish continuation. Scenario 1: The price could retest the broken neckline, which now acts as resistance, before resuming its downward move. This scenario aligns with the prevailing bearish trend, targeting the key support zone at...
hello guys! The chart suggests a Head and Shoulders pattern, indicating a possible bullish (in a higher time frame) continuation. Here are the key points: Head and Neckline Structure A well-defined head formation at the top, with a sloping trendline indicating weakness. The neckline is around 97,657, which is a key support level. QML2 & Price Rejection The...
hello guys! Bitcoin is currently trading within an ascending channel, showing strong bullish momentum. Price recently bounced off the midline support and is now heading towards the upper boundary. The expected scenario is a continuation of this trend, with Bitcoin pushing toward the resistance zone near 106,400. A break above this level could signal further...
hello guys! Gold recently broke out of a rising channel and experienced a sharp decline, hunting liquidity and touching a key flip area. This level acted as strong support, triggering a rebound. Now, the price is attempting to form a higher low, and two bullish scenarios are in play: A direct bounce from the current level leads to a retest of the 2,768...
hello guys! btc has confirmed the knife-down pattern after breaking down the triangle pattern! It is so probable that I will touch the QML area that I have shown as two gray areas! target1: $96650 target2: $92090
hello guys! The Bitcoin (BTC) price chart shows a strong upward trend after breaking out from a key resistance level. The breakout occurred around January 20, 2025, when the price surged through a horizontal resistance zone. The bullish momentum suggests that the price is headed toward the next significant resistance level near $110,000, marked by a potential...
hello guys! Triangle Formation Top Line of the Triangle: A descending trendline forming the upper boundary of the triangle, showing a gradual decline in lower highs. Bottom Line of the Triangle: An ascending trendline forming the lower boundary of the triangle, highlighting higher lows, indicating potential consolidation. Support and Resistance Zones Support...
The recent surge of Trump Coin highlights how sudden market movements can disrupt price patterns and influence trading behavior across the broader cryptocurrency market. The rapid rise of Trump Coin, which soared by over 600%, sparked a wave of euphoria and speculation, drawing attention away from other cryptocurrencies and creating a ripple effect that reshaped...
hello guys! Double Bottom Formation: The price has established a solid support zone around $0.1504, forming the base of a double bottom pattern. This structure indicates buyer strength and the potential for upward movement. Target Level: The breakout target is set at $0.1564, which aligns with a previous resistance zone. This level represents the next hurdle for...
hello guys! Key Resistance Zone: The price has reacted strongly at this confluence of resistance, signaling the potential exhaustion of the recent bullish momentum. Correction Scenario: A pullback to the breakout (BO) level, represented by the blue area, appears likely as the price consolidates below the resistance. This region could provide a strong support...
hello guys! The Cardano (ADA) chart reflects a corrective move approaching a critical support level. The price appears to be reacting to a combination of horizontal and trendline support, signaling a potential reversal for bullish continuation. __________________________ what I see: Support Zone Interaction: The price is approaching a highlighted support...
hello guys! Dogs is bearish so much! and now it has its last chance to reverse! the Qml formed but the engulfed touched the S&Z after the pattern breakout! This puts the probability of a reversal a little bit in danger! otherwise, it remains bearish and continues to dump!!
hello guys! Key points to consider: Support Zone: The $3,160–$3,200 zone acted as support, and Ethereum’s price has bounced strongly from this level, which could indicate further upward movement if the price remains above this zone. Resistance Zone: Ethereum is approaching the $3,600 resistance level, which has capped the price previously. A breakout above...
This coin became famous after Elon Musk changed his Twitter account name! But what is going on exactly: Key Resistance Zone: The resistance around $0.21–$0.22 has been tested previously and remains a significant barrier for upward movement. If the price manages to break this zone, we could see a continuation toward higher Fibonacci extensions. Fibonacci...
hello guys. Primary Trend Structure: The chart shows a classic Elliott Wave formation with an initial five-wave impulsive move (1-5) followed by a three-wave corrective pattern (A-B-C), suggesting the start of a new bullish cycle. Current Cycle: The recent price action is part of a new five-wave cycle with waves 1, 2, and 3 already formed. Wave 4 appears to be...
hello guys! Broken Channel: The price recently broke out of a rising channel, signaling a potential shift in trend. Following the breakout, it retested the broken channel boundary, indicating that this level now acts as resistance. Double Top Formation: A double-top pattern can be observed near the upper resistance zone around $2,710–$2,730, suggesting that the...