Neo Wave
Check the trend If a trend change occurs within the current support area, the start of an uptrend is likely. Then, depending on the price behavior within the resistance area, the continuation of the trend will be determined.
If the red support area is broken, the continuation of the downtrend is likely.
GUN Analysis (4H)By analyzing he GUN chart, a large wave B can be identified, which started from the point marked with a green arrow.
This wave appears to be a diametric, and we are currently at the end of wave F of this diametric. It is expected that wave F will complete at the green zone and wave G of the diametric will begin from there. Wave G is bullish.
The targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this 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
SATS has completed a corrective pattern (1D)Attention: This is a risky and highly volatile meme coin.
The correction of SATS started from the point where we placed the red arrow on the chart.
This correction appears to be an expanding triangle, as wave C is longer than wave A, and wave E is longer than wave C.
Currently, a support zone has formed below the price. As long as this area holds, the price can move toward the flip zone or near it.
Since the flip zone is fresh and untouched, the price may get rejected from this level.
The closure of a daily candle below the invalidation level would invalidate this 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