Neo Wave
Correction According to the behavior of the price in the current resistance range, possible scenarios have been identified.
It is expected that the price will cross the resistance range and the continuation of the upward trend will form until the specified resistance levels, then there will be a possibility of a change in the trend.
Check the trend It is expected that the price will fluctuate in the current support range and then a trend reversal will take place and we will witness the beginning of an upward trend.
If the price crosses the green support zone, the continuation of the correction process up to the red support zone is likely
RLC short setupFrom where we entered "start" on the chart, RLC correction seems to have started.
It appears to be completing a bearish triangle now.
We will look for sell/short positions in the red range.
The target can be the green box.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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HFT looks bearishHFT appears to be within a bearish diametric.
It is now in the middle of wave E. Usually, E waves are very powerful.
By maintaining the red range, it can drop further down. We are looking for sell/short positions in the red range.
The targets are clear on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Possible pattern of BitcoinIt seems that Bitcoin's correction has started from where we entered "Strat" on the chart.
Two waves of the same degree can be seen on the chart.
It is expected that the price will reach supply and then drop to low demands.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Possibility of uptrend Considering the behavior of the price in the red support range, the continuation of the upward trend is likely. Then, according to the behavior of the price at the levels of 78.6% and 100%, the continuation of the upward trend will be probable
If the price crosses the support range, the continuation of the corrective process will be possible
Check the trend It is expected that the corrective and fluctuating trend will be formed up to the range of the resistance trend line. Then, with the breaking of the resistance trend line, the continuation of the upward trend will be possible.
If the price crosses the green support zone, a downward trend is likely
Possibility of uptrend It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed up to the specified resistance range.
Then the continuation of the upward trend will be likely.
If the price crosses the support range, it will be possible to continue the downward trend to the previous bottom range.