Alikze »»CAKE | Reverse head and shoulders pattern🔍 Technical analysis: Reverse head and shoulders pattern
- In the previous analysis , it was mentioned that a head and shoulders pattern was formed, that the last correction log can extend to the range of 1.17.
- As mentioned, it is moving in a descending channel.
- Demand was met at the bottom of the descending channel and the range, which experienced a growth up to the top of the channel and the broken zone.
- Currently, in weekly and daily time, in addition to the descending channel, it is in a concentration.
- In addition, it is suspected that the head and shoulder pattern is the opposite. Therefore, I expect it to advance to the supply zone after the last bearish leg and the right shoulder are completed, out of congestion.
💎 Note: It is necessary to explain that the right shoulder should not be extended to the previous area, in which case the alternative scenario should be checked and the post updated.
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BINANCE:CAKEUSDT
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Alikze »» NEIRO | Ascending Channel - 1D🔍 Technical analysis: Ascending Channel - 1D
📣 MEXC:NEIROCTOUSDT currency is currently moving in an ascending channel on the daily time frame after a price jump.
🟢 Considering the reactions at the bottom and top of the channel and considering the momentum, if there is a positive reaction at the bottom of the ascending channel, it can grow at least to the specified area.
🟢 If the bottom of the ascending channel breaks, it can continue to correct in the green box area and, if demand is created, continue its movement to the top of the ascending channel.
💎In addition, considering the movement cycle, this wave can continue to the specified supply area.
⚠️ In addition, if the price breaks the green box area downwards and touches the blue bar area, the ascending scenario is validated and should be re-examined and updated ⚠️
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Alikze »» BRETT | Ascending Channel - 1W🔍 Technical analysis: Ascending Channel - 1W
📣 COINEX:BRETTUSDT It is moving in an ascending channel on the weekly time frame.
🟢 It has had several positive reactions with demand at the bottom of the ascending channel.
🟢 Given the current momentum that is in the supply area and the middle of the ascending channel.
💎 If the current area is broken, it can grow to the 0.41 area.
⚠️ Given the recent zigzag correction at the bottom of the channel, it has encountered buying pressure candles that can be considered the LVL Invalidation range as invalidating the bullish trend analysis. ⚠️
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Alikze »» ENJ | Descending channel - 4H🔍 Technical analysis: Wave 3 or C bullish scenario - 4H
- In the 4-hour time frame, according to the previous analysis , after the support in the range of 0.1465, it faced demand, which was able to grow to the middle of the channel.
- It faced selling pressure in the middle of the channel, which led to a zigzag correction to the 0.122 range.
- It is currently moving in a descending channel, which is at the ceiling of the channel and there is also a supply zone.
- Therefore, in case of selling pressure, it can face support in the specified limits or green box and lead to a price growth up to the specified supply area.
💎 In addition, it should be noted that if the green box is broken, the bullish scenario is validated and can have another corrective leg.
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BINANCE:ENJUSDT
Alikze »» MOVR | Supercycle Bullish Wave 3 or C Scenario - 1D🔍 Technical analysis: Super cycle Bullish Wave 3 or C Scenario - 1D
📣 MEXC:MOVRUSDT currency has encountered demand after a zigzag correction in the 3.61 range, which has had a rapid upward rally
🟢 After that, the price has had a double complex zigzag correction to the origin of the third upward wave.
🟢 Again, in the origin of the third movement, with a three-wave movement, it has encountered demand again in the area of the bottom of the ascending channel.
🟢 Currently, selling pressure is also observed in the ceiling of the ascending channel and the supply area.
💎 If this correction is broken in the form of a zigzag to the minor ceiling, it can be extended to the minor ceiling. It can again encounter demand and an upward rally to the minor ceiling of the previous rally.
💎 Depending on the momentum, this cycle can be a super cycle wave 3 or C to touch the red box area.
⚠️In addition, if the area touches the bottom of the previous wave, the bullish scenario is invalidated and should be re-examined and updated.⚠️
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Alikze »» COMP | Ascending channel - 1W🔍 Technical analysis: Ascending channel - 1W
- It is moving in an upward channel in the weekly time frame.
- According to the correction of the previous wave as 0.38 Fibo, demand is encountered in the area of the bottom of the ascending channel and an ascending candlestick is observed in the area of the bottom of the channel.
- Currently, in the weekly time frame with the buying pressure candle, the dynamic trigger is broken and it can continue its growth with demand in the range of the green box of the next wave at least up to the ceiling of the growth channel.
💎In addition, in case of failure of the first channel, the upward wave can continue to grow up to the specified supply area.
⚠️ Note: If the candle closes below the Fibo 38 range, there will be more possibility of correction and the continuation of the bullish scenario will be invalidated and should be checked and updated again.⚠️
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BINANCE:COMPUSDT
Alikze »» ICP | Forming a triangle corner pattern🔍 Technical analysis: Forming a triangle corner pattern
- According to the analysis presented in the previous post, in the 1D time frame, after reaching the supply range, it has faced selling pressure.
- As can be seen, after reaching the range of the green box, it has had a positive reaction several times and has faced demand.
- Currently, a triangle corner pattern is formed in the green box area.
- Therefore, the last correction leg can be removed from compression by filling the gap of FVG.
- If it exits from the density above, it can grow up to the range of 12.5 dollars.
🛑 The most important resistance: $12.50
💎 Alternative scenario: If the breakout occurs from below and the green box is broken, the correction can extend to the green box.
💎 So as long as it is above the green box, there will be a short-term bullish trend for the target of $12.50.
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BINANCE:ICPUSDT
Alikze »» KSM | Ascending corner pattern🔍 Technical analysis: Ascending corner pattern
- It has had a zigzag correction to the green box area on the 1D daily time frame after exiting the bullish channel.
- In the last analysis presented, after reaching the range of $60, a correction was encountered. In the presented details, two PRZ ranges had short-term fluctuations, which were investigated.
- Currently, according to the structure of the corner pattern and the exit from it, as well as the support within the green box, it has faced demand.
- Therefore, the first short-term target will be the range of the second cluster, and if it breaks upward, the second target will be the first cluster.
🎯 Close targets: 21.30 - 21.88
- If the second cluster area does not fail, there will be a correction to the $15 range.
🛑 Important resistance: $25
💎 In addition, if it stabilizes below the green box area, the bullish scenario will be invalidated.
If the behavior and structure of the post changes, it will be updated.
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BINANCE:KSMUSDT
Alikze »» NOT | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel in short-term time frames of 12H.
- Currently, it is in the middle of the channel, which is suffering in the liquidity area.
- If the current zone is broken, the correction can continue until the bottom zone of the descending channel, the range of 0.0061.
- In addition, if the bottom of the channel is broken, the next support zone can touch the 0.00458 range, which is the demand zone.
💎 Alternative scenario: If the liquidity zone is maintained in the middle of the channel, the first target can touch the ceiling of the channel.
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BINANCE:NOTUSDT
Alikze »» ETH | Supercycle Bullish Wave 3 or C Scenario - 1W🔍 Technical analysis: Supercycle Bullish Wave 3 or C Scenario - 1W
🟢 BINANCE:ETHUSDT Ethereum currency in the weekly time frame: As mentioned in the previous analysis , the supply area can have two movement paths.
🟢As mentioned: The first scenario, after completing the first wave in the supply area with a correction to the support area of the green box area, the range of $2,500 extended. Meanwhile, in the lower time frames, the details of the behavior of the Ethereum currency were also fully discussed.
🟢 However, in the 4-hour time frame, the ascending micro-waves of the first cycle were examined, as predicted, the ascending wave extended to the supply area of 3,200 to 3,500.
🟢 Therefore, the first cycle can end in the current range or slightly higher and form a zigzag correction to form a 3-of-3 ascending wave.
🟢 However, according to the movement path predicted in the previous analysis, this ascending cycle has the ability to grow at least to the 0.78 Fibo area of the previous wave.
🟢 Considering that this cycle is inside a triangle, it can continue as long as the triangle base.
🔴 Important:
Due to the application of the triangle base and the ability to grow to the supply area specified according to the Elliott scenario, this bullish cycle will be able to grow to the large supply area after breaking the 0.78 Fibo area.
Considering the current momentum and the bullish engulfing candle in the green box area, the following targets can be touched.
🎯Previous major ceiling,
🎯 Next target 6832
🎯 9357
🎯 Specified supply area (large red box)
⚠️ In addition, in the first step, considering the first bullish cycle, I expect no correction to extend to the Invalidation LVL area. ⚠️
After that, and after the previous major ceiling area is broken, the Invalidation LVL area will be updated.
In case of a change in behavior and structure, its details will be reviewed and updated.
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Alikze »»XRP | Wave 3 bullish supercycle scenarioIn the weekly time, a complex behavior and movements are forming in the ascending phase, which, according to the overall structure, is in the form of an ascent from the beginning of the movement. According to the bottom of the 0.10 range, a 5-wave structural correction has been formed and the upward movement has also gone through a complex cycle and completed this correction in the form of a three-wave at the 0.38 fibo of the previous wave. Therefore, according to the movement behavior in the form of a super cycle, it should be in the 3rd wave of its super cycle. The invalidity limit of the analysis is 0.2867, which can lead to correction of this movement structure up to 0.23 Fibo. Therefore, according to the current structure, which is a complex upward movement in the form of 3 waves, and sharpie movements can be seen from it, it will have the ability to grow up to the specified areas and even higher goals up to the limits of 13-18 and 34 dollars. which should be reviewed and updated step by step.
But in the lower time, it will have the ability to grow up to the supply area and then up to the previous major ceiling.
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Alikze »» ORDI | Ascending channel - 1D🔍 Technical analysis: Ascending channel - 1D
BINANCE:ORDIUSDT In the daily time frame, it is moving in an ascending channel, which has faced selling pressure in the supply area after hitting the ceiling of the channel.
- In the analysis presented in the previous post , the alternative path was realized, which was corrected up to the $29 range and met with demand again by creating a Double Bottom.
💎Currently, due to the momentum and bullish guard, it can meet the demand again with a zigzag correction in the green box range and break the first supply area towards the specified targets.
💎Therefore, the reversal can be a broken pullback to the swing.
⚠️ In addition, if the correction is sharp and sharp, there will be a possibility of breaking the zone, so if the Invalidation LVL zone is touched, the bullish scenario will be invalidated and should be checked and updated again. ⚠️
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Alikze »» MINA | Ascending Channel - 1D🔍 Technical analysis: Ascending Channel - 1D
📣 BINANCE:MINAUSDT currency is moving in an ascending channel on the daily time frame.
🟢 It is currently within the range of the previous minor ceiling.
🟢 Considering the collisions at the ceiling of the ascending channel and the creation of selling pressure, it can continue to move within the current range to the ceiling of the channel and the dynamic trigger.
💎After hitting the dynamic trigger and the ceiling of the ascending channel, there will be a possibility of a negative reaction and selling pressure, so any return can, with a pullback to the previous broken ceiling, continue its path to the neckline and the red box area if confirmed.
⚠️ In addition, if the corrective wave enters the Invalidation LVL area, it will be checked and updated. ⚠️
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Alikze »» TAO | Scenario 3 or C bullish - 1D🔍 Technical analysis: Scenario 3 or C bullish - 1D
- In the analysis presented in the previous post on the daily time frame, it was noted that the BINANCE:TAOUSDT AI in the supply zone can have two movement paths.
- Considering that the movement cycle in the supply zone ended and had a correction to the green box area.
- Considering the correction in the green box area and the creation of demand in the range, therefore, the previous movement cycle can be considered as wave 1 and the correction in the green box area as wave 2.
💎So with the recent zigzag correction, the BINANCE:TAOUSDT currency can have a movement cycle in the form of wave 3 or C of the bullish super cycle.
💎Considering the behavior and structure of the movement, it is in wave 3 or C of the bullish.
⚠️ In addition, if the price touches the Invalidation LVL area, the bullish scenario is invalidated, the chart should be reviewed and updated again.⚠️
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Alikze »» ETC | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of wave 3 or C in the ascending channel
BINANCE:ETCUSDT In the daily timeframe, according to the analysis presented earlier , it encountered demand after reaching the Buyer zone, which led to the breakdown of the descending channel and the touch of the target of $25.
- Currently, after exiting the congestion, it is moving within an ascending channel, which is currently at the ceiling of the first channel.
💎 In case of correction, at the ceiling of the first ascending channel, it can encounter demand in the middle range of the channel or the OB zone and continue its growth to the ceiling of the second channel.
⚠️ In addition, in the bullish scenario, the Invalidation LVL zone should not be touched. ⚠️
💎In case of touching the mentioned zone, the currency's movement path should be reviewed and updated again.
Alikze »» BITC | Ascending channel - 4H🔍 Technical analysis: Ascending channel - 4H
- Bitcoin has already touched the supply range according to the analysis presented in the daily target time frame.
- In the 4H time frame, it is moving in an ascending channel, which has managed to register an ascending candle in the supply area in the 4-hour time frame.
- In case of failure of the supply zone, the specified movement path can touch the $100,000 targets of 106,250 and 112,500.
NEXT TARGET:
🎯 100.000$
🎯106250 $
🎯112500$
SUPPORT LVL
💹 75000$
💎 In addition, if the sales pressure increases in the supply area, an alternative scenario can be realized.
⚠️ In the alternative scenario, with selling pressure in the supply area by entering the second pullback channel, it can continue to correct until the bottom of the second channel and Fibo 1.618, the range of $75,000.⚠️
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BINANCE:BTCUSDT
Alikze »» ALGO | Scenario 3 or C bullish - 1W🔍 Technical analysis: Scenario of the first cycle bullish wave 3 or C - 1W
BINANCE:ALGOUSDT In the daily time frame, the ascending channel is moving.
- In the analysis presented in the previous post , after reaching the dynamic trigger, it faced selling pressure and, after a correction of 0.23 Fibo of the previous wave, it was able to continue the upward movement to the supply area.
- Considering the previous movement structure, which had an upward cycle to the 33 cent range, after which it made a three-wave downward correction cycle.
💎After that, by forming a Double Bottom, it was able to touch the middle of the channel and the neckline by creating demand.
💎Considering the momentum, this movement cycle can continue to the ceiling area of the ascending channel and the supply area, and then with a temporary correction in the middle of the channel, it can continue the upward path to the second supply area.
⚠️In addition, if the price enters the Invalidation LVL range during this upward phase, the bullish scenario is invalidated and must be re-examined and updated.⚠️
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Alikze »» FTM | Wave 3 or C super cycle scenario - 2D🔍 Technical analysis: Wave 3 or C super cycle scenario - 2D
- In the analysis presented in the previous post in the weekly time frame, it was mentioned: it is suspicious of a head and shoulders pattern.
- So far, according to the previous analysis, the first target (supply zone) has been touched and it is currently above the target zone.
- In the analysis presented in the 4-hour time frame, it had a zigzag pattern, which is in wave one of three.
- In the daily time frame, it is located in an ascending channel, the previous corrective wave was able to form a reversal pattern in the range of 0.23 fibo.
- Therefore, I expect that it will face demand in the Buyer Zone and continue its growth with the failure of the middle of the channel up to the ceiling of the ascending channel.
In addition, after breaking the ascending channel, it will have the ability to reach the red box area (supply area).
So this bullish wave is wave 3 or big C, which will have the ability to grow up to the indicated ranges.
💎 Alternative scenario: If the Buyer Zone is broken and stabilizes below it, it can touch the 0.23 Fibo range again.
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OKX:FTMUSDT
Alikze »» SEI | Wave 2 out of 3 bullish scenario - 1D🔍 Technical analysis: Wave 2 out of 3 bullish scenario - 1D
- It is moving in an ascending channel in the daily time frame.
- In the previous post, it was mentioned that there will be a modification to the green box, which was met with demand after the collision between the bottom of the channel and the blue box.
💎 Therefore, according to the momentum and pullback to the broken swing, it can crown the supply area of the targets specified on the chart with a break.
💎 Currently, according to the structure and behavior, it is in wave 1 of 3.
💹 Support LVL: 0.39
⚠️ In addition, if the previous bottom of the blue box range is touched again and there is stabilization below it, the bullish scenario will be invalidated.⚠️
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BINANCE:SEIUSDT
Alikze »» SKL | Wave 3 or rising C scenario - 1W🔍 Technical analysis: Wave 3 or rising C scenario
News:
SKALE to Participate in Sawadee Web3 Gaming in Bangkok on November 12th
- It is moving in an upward channel in the weekly time frame.
- It is currently in the Support Zone with the formation of a higher floor.
-The previous corrective wave has completed a full cycle in the Support Zone.
💎 Considering that the previous correction wave corrected the previous wave by 0.23 fibo and a higher floor was formed, if the candlestick is confirmed in the weekly time frame, it can enter the broken structure first by breaking the trigger line and then pullback. Ascending phase.
💎Therefore, if there is no stabilization below the area, the scenario of wave 3 or rising C with the specified targets will be accessible.
⚠️ In addition, if the Support Zone or Fibo 0.23 of the previous wave is broken, the bullish scenario will be invalidated. ⚠️
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BINANCE:SKLUSDT
Alikze »» CHR | Movement in the ascending channel🔍 Technical analysis: Movement in the ascending channel
- It is moving in a long-term ascending channel in the weekly time frame.
- So far, it has had several reactions to the dynamic trigger of the channel floor.
- In the previous rally, as you can see, it had a sharp growth.
- The wave correction has extended to the bottom of the channel, while the correction was able to extend to 0.23 fibo of the previous wave.
- Therefore, I expect it to enter the next bullish rally after the pullback to the swing and the green box range.
- After confirming the range of the green box, the first target will be the range of 0.29 and the ceiling of the channel. If it continues, we should witness the continuation of the upward trend, which will be provided in the following updates if it is realized.
💎 Note: In addition, if the previous floor (Invalidation LVL) is touched, the upward analysis will be canceled from the validity level.
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BINANCE:CHRUSDT
Alikze »» SOL | wave 3 out of 5 bullish scenario - 8H🔍 Technical analysis: The second bullish channel - wave 3 out of 5 bullish scenario
- According to the analysis presented by Solana in the previous post , the targets specified in the ceiling of the channel (the range of the first red box) were touched.
- It has now entered the second bullish channel with the break of the red box, which can continue with a pullback to the broken structure of this movement cycle.
- Therefore, according to the upward trend and the continuation of Solana's movement cycle, which is in wave 3 out of 5, the targets specified in the chart are within reach of the upward trend of Solana's currency.
💎 Objectives: The middle of the second ascending channel and then the ceiling of the channel and the specified supply area will be.
It is currently in wave 3 out of 5, which can crown the mentioned targets.
⚠️ In addition: if the Invalidation LVL area is updated and touched, the continuation of the upward scenario will be invalidated and must be checked and updated again.⚠️
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BINANCE:SOLUSDT
Alikze »» OP | Ascending channel🔍 Technical analysis: Ascending channel
- In continuation of the analysis presented in the previous post, after dealing with the descending channel, it was corrected for a while. which led to the completion of correction leg C. Finally, the modification leg in the range of PRZ-1 met with demand.
- Currently, it is moving in a short-term ascending channel.
- Due to the exit from the medium-term downward channel and pullback to it, an upward trend has been formed.
- Therefore, I expect it to move upward in this channel and continue its growth until the supply range.
💎 Alternative scenario: If it does not have the ability to exit the golden zone and faces the weakness of the trend, the correction can continue until the origin of the movement.
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BINANCE:OPUSDT