Alikze »» ENA| Movement in the descending channel🔍 Technical analysis: Movement in the descending channel
- In the analysis presented in the previous post , it was able to move up to the 0.78 Fibo range according to the predicted movement path, which then encountered a correction that also traversed the alternative path.
- Currently, after breaking the downtrend channel, it has re-entered the channel.
- It is moving in an ascending channel in the 12H time frame.
- After breaking the support area, which is now a supply range for an upward trend, it has faced selling pressure, which, of course, has tried to break it several times, which has failed so far.
- Therefore, if it can maintain the 0.39 area and stay above it, it can break the supply area and have an upward movement up to 0.586.
- Furthermore, considering that the supply zone is in the middle of the downward channel, if it fails, it can test the 0.78 Fibo zone again.
💎 Alternative scenario:
In addition, you should note that breaking and stabilizing below the 0.39 area can continue the downward trend up to the Fibo range of 1.618.
🎯 Targets: 0.586 - 0.78 Fibo
🟩 Support: 0.39
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BINANCE:ENAUSDT
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Alikze »» IO | Descending channel🔍 Technical analysis: Descending channel
- In the analysis of the post presented earlier, it was moving in an ascending channel in the 1h time frame, which was corrected after failing to break the supply zone and touched the bearish target.
- Now it is moving in a descending channel in the 8h time frame.
- According to the behavior and structure, it is forming a double hybrid modification.
- Therefore, I expect that after hitting the ceiling of the channel, which can form a corner pattern, it will encounter an increase in supply again and complete the last leg to the minimum floor of the channel and then to the Buyer Zone.
💎 Alternative scenario: If it can break the zone considering that it has an Ingalf candle at the bottom of the channel, it can increase to 0.23 fibo of its previous wave. If the behavior and structure of the post changes, it will be updated.
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BINANCE:IOUSDT
Alikze »» ORDI | Pullback to the broken area.?🔍 Technical analysis: Pullback to the broken area.?
- It is moving in a downward channel in the daily and 4H time frames.
- In the previous post , price reversal zones were identified, which after hitting PRZ-3, the price reversed and corrected the price up to the set targets.
- At present, according to the downward behavior and structure, the price correction can be continued.
- Therefore, if this price reversal cannot lead to the failure of the region, this reversal can be a pullback to the broken structure.
- So, we expect that the price will face selling pressure in response to the supply, first the price will be corrected to $25 and then the price correction will continue until the green box.
💎 Alternative scenario: if the price can break the supply range and stabilize above it, it can navigate the second movement path and move up to the red box range and the ceiling of the descending channel.
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BINANCE:ORDIUSDT
Alikze »» MAVIA | Descending channel failure.?🔍 Technical analysis: Descending channel failure.?
- It is moving in a descending channel in the 8H time frame.
- There is a demand in the green box and the middle of the channel.
- It is currently at the ceiling of the descending channel.
- Due to the upward momentum, it can continue its growth after breaking the channel with the limited support of 1.56 to the specified supply area.
💎 Alternative scenario: In addition, if it faces selling pressure in the area of the ceiling of the channel and stabilizes below the range of 1.56, it can continue the correction to the middle area of the channel and the green box.
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BYBIT:MAVIAUSDT
Alikze »» OM | #MANTRA Trading range!!Mantra is an L1 blockchain network that produces a bridge between TradFi and DeFi by providing the necessary infrastructure for tokenizing RWA.
💎 In the 1D time frame, it has encountered an increasing trend after exiting the descending channel.
💎 Currently, after reaching its previous major ceiling, it has faced increased selling pressure. Considering that the trading range is in the liquidity area, if the volume increases, it can grow up to the supply area with the increase in demand.
💎 Alternative scenario: if the supply zone breaks, it can have a correction up to the 0.39 zone, and if the trend continues, it will continue up to the green box zone.
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Total supply: 888,888,888 OM
Circulating supply: 793,991,274 OM
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Alikze »» LINK| Descending channel🔍 Technical analysis: Descending channel
- According to the previous post , after not fixing in the green box, the second scenario was realized.
- In the daily time frame, it faced a correction after a movement cycle, which is currently moving in a descending channel.
- Now after the demand at the bottom of the channel and the green box area, it has broken the middle of the descending channel after the second collision.
- Therefore, it can continue the upward movement with pullback to the middle of the channel, up to the roof area of the descending channel.
💎 In addition, if it can break the supply area and stabilize above the 15.6 range, it will have the targets of 1.272 and 1.618 Fibo.
💎 Alternative scenario: Note that to continue the upward trend, it must be above the 12.5 zone, so if it stabilizes below this zone, it can touch the green box again.
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BINANCE:LINKUSDT
Alikze »» DOGE |Descending channel movement scenario🔍 Technical analysis: Descending channel movement scenario
- According to the analysis presented in the 4H time frame in the previous post, it faced selling pressure after hitting the supply zone and failing to break it.
- The projected downward path is in accordance with the movement path after the break of the green box area, and touched the 0.12590 area and the second green box area.
- But currently, according to the correction structure, if the green box area is broken, the correction will continue.
- Therefore, as long as it is below the Fibo area of 1.618, the first target close to it can be the range of 0.097 and then the specified Fibo 100 range of 009214.
Considering that it is moving in a descending channel, the Fibo 100 zone can collide with the bottom of the descending channel.
💎 Alternative scenario: In addition, if it can stabilize the neckline or Fibo range of 1.618 towards the break and above it, it can be the first target of the ceiling of the descending channel and the range of 0.1464.
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Alikze »» STRK | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a downward channel in the daily and 12H time frames.
- Currently, there is a demand in the green box and the bottom of the descending channel.
- After the demand in the green box area, it has re-entered the descending channel.
- According to the current structure, it can grow up to the middle of the channel and the range of 0.78 after the pullback.
- If it can stabilize above the 0.78 area, it can continue its growth until the neck line area and the supply area.
💎 In addition, if the green box is broken, the downward trend can continue up to the 0.39 area.
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BINANCE:STRKUSDT
Alikze »» SUI | Descending channel🔍 Technical analysis: Descending channel
- It is moving in a descending channel on a daily basis.
- Currently, there is demand at the bottom of the descending channel in the green box.
- If it can break the range of 0.78, it can continue its growth with a pullback to the support box until the supply zone.
- But if the green box area breaks down, the correction will be ongoing and should be re-examined and updated.
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BINANCE:SUIUSDT
Alikze »» AKT | Descending channel🔍 Technical analysis: Descending channel
- It has been moving in an ascending channel in the 1W time frame.
- In the short term after the break of the descending channel, as you can see, it is moving within a descending channel.
- After breaking the long-term ascending channel and pullback, it has had a correction up to the golden zone.
- In the 8H time, if the supply zone breaks, it can grow up to 4.68, otherwise, it can retest the bottom of the channel.
⛳️ Upside targets: 4.65 - 5.08 - 5.47
⛳️ Downside targets: 2.74 - 2.35 - 1.95
💎 But in the daily and weekly time frame, according to the bullish candlestick in the golden zone, if the supply zone fails, it will have the ability to grow to the next zone and the specified goals of the ceiling of the long-term ascending channel, which I will review and update later.
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Alikze »» HFT | Support at the bottom of the descending channel🔍 Technical analysis: Support at the bottom of the descending channel
- It is moving in a downward channel in the daily and 12H time frames.
- Currently, there is demand in the area of the bottom of the descending channel and the beginning of the movement.
- Therefore, if this demand continues in the range of the green box, it can continue its growth up to 0.195 first.
- In addition, if it stabilizes at the top of the range, it will succeed so that the supply range and channel ceiling have an upward trend.
💎 Alternative scenario: if it cannot maintain the green box area and the bottom of the channel, this correction can continue up to the range of 0.0977.
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BINANCE:HFTUSDT
Alikze »» 1000PEPE | Pull Back to the broken structure🔍 Technical analysis: Pull Back to the broken structure
- In the frame time frame, a five -wave cycle has completed the upward movement.
- It is currently moving in a mid -time uptrend.
- After several reactions to the major roof, it eventually faces pressure in the middle of the channel and is now on the uptreen floor.
- This short return can continue the correction after the money to the broken structure, by failing the channel to the origin of the Movement and the Buyer Zone.
💎 Alternative scenario: can test the fiber range of 2.618 and the middle of the channel if it can break the supply area.
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BINANCE:1000PEPEUSDT.P
Alikze »» WLD | Continue the downward trend🔍 Technical analysis: Continue the downward trend
- The daily frame time is moving in a descending channel.
- Currently, in the PRZ area, which had a 100 -wave fiber in the previous fiber area.
- If this area is preserved, it can first grow up to the middle of the cannon and then to increase demand to the channel ceiling.
-If the area is exposed to sales pressure, it can extend the corrective structure to fibou 1.618 the previous wave.
💎 Alternative scenario: If it is able to break the line and consolidate it on top of it, the descending channel fails to continue its growth area.
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BINANCE:WLDUSDT
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Alikze »» IMX | Head and shoulder pattern scenario🔍 Technical analysis: Head and shoulder pattern scenario
- In the weekly frame time, there was a three -wave move that has grown to 1.272 for its previous wave.
- According to the analysis presented before leaving the triangle density in the 4th wave of correction, it succeeded in the supply zone of growth and defeat it.
- After that, it faced a lack of stability at the top of the supply zone.
-This unsuccessful failure area of the supply area is a head and shoulder pattern.
- Currently, there is a currency pattern that can have a growth of a dynamic trigger.
- If the line is broken, the head and shoulder pattern will be approved and can be modified in the first step until the Golden Zone, and then the Priz area will continue and even move to the origin of the movement.
💎 Replacement scenario: If it can be removed from the corner, it can test the supply area, but the head and shoulder pattern will not be valid until the supply zone is broken and will confirm the pattern by defeating the line.
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Alikze »» DOT | 61.8 Fibo retest scenarioAccording to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92.
💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is currently underway, which is currently stopped at the 0.618 area. Therefore, if this X wave is not upward and after the completion of the correction log until the liquidity zone or PRZ leads to the failure of the zone and the daily candle is closed above it, it can continue the movement until the specified resistance PRZ zone. to give
💎 Second scenario: If the support PRZ area is broken, this can lead to a continuing corrective lag and a combined correction and correct the whole wave up to 0.23.
If the behavior and structure of the post changes, it will be updated.
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Alikze »» MATIC | Elliott Triangle pattern scenarioAccording to the previous analysis, the Metic currency went through an upward movement cycle. Currently, it is in a corner pattern in the weekly time, which was able to escape from it in the specified supply area with a short-term movement cycle.
💎 Currently, it has a corrective cycle up to the green box, which has moved downwards in a three-wave step in daily time.
💎 But now it can enter an upward cycle and retest the first supply area after confirming the green box. If confirmed, the area of upward movement can continue to extend to the base of the pattern, which can be checked further.
💎 Therefore, this upward movement can be followed in the form of wave 3 or 3 larger up to the specified areas.
💎 Alternative scenario: If the green box area is broken, this correction can be a combination correction that will have the ability to reach the 0.39 range.
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Alikze »» SUSHI | Complementary wave C scenario🔍 Technical analysis: Complementary wave C scenario
- In the previously presented analysis, the C wave stopped at 0.78 fibo of the previous wave.
- It is currently moving in a descending channel in the 2D time frame.
- There is an FVG gap and it is now in the middle of the channel, which is also symmetrical with the 0.78 Fibo range.
- If it faces selling pressure again after filling this gap, it can touch the specified areas in the continuation of the completion of wave C.
- Therefore, according to the current downward momentum, the pullback can be a broken structure.
💎 Alternative scenario: In addition, if it can break the neckline upwards after filling the FVG gap and exit the descending channel, it can retest the supply zone.
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Alikze »» CAKE | Dynamic trigger failure and pullback completionIn time 1W, after a zigzag correction, it will have the ability to rise to the targets specified in the chart by breaking the dynamic trigger and pullback to it by breaking the most important neck line resistance. According to the current motivational wave, this step can be fast. But its first supply zone will be in the range of 4.8 to 5.4 dollars.
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Alikze »» SHIB | Bullish Flag🔍 Technical analysis: Bullish flag in corrective zigzag wave 4
According to the analysis presented in the previous post, wave 3 or rising C in the area of 2.618 Fibo of the previous wave itself was completed.
💎 But now in the 1D time frame a bullish flag is formed in the form of wave 4 zigzag.
After exiting the congestion and descending channel in the supply range, it has faced selling pressure.
💎 Therefore, it can be offered after the pullback to the broken structure in the liquidity range by successfully collecting liquidity to break the zone.
💎 In addition, if the candle closes to the sub-zone in the daily time, the bullish scenario will be invalid and should be re-examined and updated.
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Alikze »» ETH | Rising waveIn the weekly time, it is moving in an ascending channel, which after a complex correction and higher floors has formed a runner zone, which can now complete an ascending wave in the specified area, which is the supply area. Therefore,
🔰 in the first scenario, I expect a correction with the support of the $2,500 area after touching the zone, which can appear more in the form of price, considering that the recent correction was a running zone, and then enter the upward phase.
🔰But the second scenario can break this wave of the region and continue the upward path after the pullback.
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Alikze »» TRAC | Pullback to Neckline🔍 Technical analysis: Pullback to Neckline
- The 8H and 12H frames are moving in a downtrend.
- Given the descending faithful, the return of the descending canal can be the broken structure to continue the descending route.
- If the money is on the line and cannot penetrate it and cut down the descending channel, it can continue the downtrend in the first step to 0.5859.
💎 Possible Scenario: Depending on the structure and behavior as well as the descending faithful, the scenario can be achieved until the green box and liquidity range can be achieved.
💎 Alternative scenario: Also, if it can cut the supply range and channel ceiling, it can test the next supply zone, which must have a stabilization top.
🛑 Resistance range: 0.83 - 0.805
🟩 Support range: 0.488 - 0.537
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Alikze »» TURBO | 4H descending channel🔍 Technical analysis: Moving in the descending channel
- The daily frame time is moving in an upstream channel.
- But in the 4H frame time, there is a corrective form that is moving within a downtrend.
- This correction can first touch the range of 0.003052 if it is below the supply area and can extend this correction to the middle of the channel if continued.
💎 Alternative scenario: Also, if it can break the 0.0061 area, it could form an upward flag pattern that can continue the uptrend and continue its growth channel as much as the channel supply.
If the behavior and structure of the post will be updated, it will be updated.
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Alikze »» ENS | Ascending channel🔍 Technical analysis: Ascending channel
- It is moving in an ascending channel in the daily time frame.
- It is currently located in the supply area and the roof of the channel.
- If it can be placed above the supply area and break the ceiling, it can touch the targets of 37.5 - 43.75.
💎 Alternative scenario: if it faces selling pressure in the supply area and the ceiling of the channel, it can have downward targets of 25 and then the middle of the channel and the green box.
🛑 Resistance range: 28 - 31.25
🟩 Support range: 18.75 - 22
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