Eldorado_Land

Eldorado_Land

🔻🔻For the price to continue its decline towards the first target (50096.10-52489.40), the daily candle must close below 55606.00✅ ‼️Target 1 aligns well with the bottom of the weekly bearish channel, and there is potential for a bearish divergence confirmation at this support zone if the price declines. 🙅Therefore, we consider Target 1 as the maximum drop...

Eldorado_Land

💎#BITCOIN / ⏱4-hour Timeframe 👉After encountering significant resistance at the weekly channel's midline and the weekly #BITCOIN resistance (59661.3): ✅We anticipated a decline. However, whether this decline will continue depends on the structure that forms🧐 🔻On the 1-hour timeframe, after falling from the weekly resistance, we've witnessed the formation of a...

Eldorado_Land

🏅#GOLD / ⏱Daily Timeframe ‼️Given the current position within an bullish channel and above the monthly support (2466.520): 🎯#GOLD could continue its growth towards the following targets: 🚀Target 1: 2523.800 🚀🚀Target 2: 2568.650 🚀🚀🚀Target 3: 2634.000 ❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily...

Eldorado_Land Updated 

💎#BITCOIN / ⏱4-Hour Timeframe ‼️With the start of the new month (September), the monthly pivots have been updated, and importantly, the price has encountered the monthly pivot (57877.92) from above as a support level. ✅This support is not the only one that #BITCOIN has encountered, and the high of the bearish channel and the lower arm of the wedge should also...

Eldorado_Land

💎#BITCOIN / ⏱1-hour timeframe 👀BITCOIN , after forming a double bottom pattern and confirming the bottom formation by breaking the neckline: 🔻experienced a slow decline within a bearish channel and reached the previous lows. 🔥Now it has reached the high of this channel and it's a very important area for decision making‼️ ✅Bullish Scenario: If it breaks 59371...

Eldorado_Land

💎#BITCOIN / ⏱15-minute Timeframe 🚀Based on the breakout of the neckline of the double bottom on the 1-hour timeframe, the initial confirmation of the bottom formation and the start of an bull-trend has been issued!! ‼️However, subsequently, #BITCOIN re-entered the double bottom range. ✅Following the confirmation of growth based on the double bottom, if the...

Eldorado_Land

🔥#BITCOIN / ⏱15-Minute Timeframe 👉Given the sharp decline followed by a slow recovery in the form of an bullish channel, there was a possibility of a continued decline towards the previously mentioned targets. ‼️However, after breaking the bullish channel downwards and issuing a sell signal, BITCOIN grew, and patterns neutralizing this sell signal were...

Eldorado_Land

🔥#BITCOIN / ⏱15-Minute Timeframe 👉After a sharp decline that began yesterday in BITCOIN, we're witnessing a slow-paced recovery. ‼️However, BITCOIN is still trading below its weekly (62335.77) and monthly (62731.31) resistances📈📉 🔻As a result, the inclination towards a continued downtrend persists🔻 ✅If it's going to drop from this current level, we should see a...

Eldorado_Land Updated 

📈#BITCOIN / ⏱4-hour Timeframe 🌟Following an erosive downtrend in a bearish channel, #BITCOIN has experienced an erosive uptrend within an bullish channel (green and red channels in the figure). There is a possibility of a price decline🔻 ✅Condition for a decline: A breakdown below the 4-hour bullish channel‼️ 🎯If this occurs, #BITCOIN could target: 1️⃣Target 1:...

Eldorado_Land

🥇#GOLD / ⏳1-hour timeframe: 👉GOLD is currently within an rising wedge pattern on the 4-hour timeframe. 👉Additionally, it's trading above its weekly support at 2505.100. ✅As a result, there's a bullish bias towards the following targets: 🎯Target 1: 2539.220 🎯Target 2: 2565.950 🎯Target 3: 2581.773-2585.950 ✅There are two key support levels that could prevent a...

Eldorado_Land

⭐In the 4-hour timeframe, based on the gradual decline within a bearish channel followed by a gradual increase within an bullish channel, it is highly likely that #BITCOIN will make its next move based on one of the following patterns: ⏳#BITCOIN / 4-hour timeframe ✅Scenario 1) Movement based on a wedge pattern In this case, #BITCOIN experiences a decline to the...

Eldorado_Land

👉Based on the formation of a double-bottom pattern and its confirmation by breaking the neck-line on the daily timeframe, #VELO could experience a new bullish trend. 🎯Two targets can be considered for this bull-trend: Short-term target: 0.01917-0.02042 Long-term target: 0.05370-0.05713 ✅In case of a temporary decline, the best support levels to stop the decline...

Eldorado_Land Updated 

👉In my opinion, #BITCOIN is in a neutral condition. 👉On one hand, due to the gradual growth, there is a possibility of a drop. On the other hand, due to the potential formation of a triangle pattern on its weekly support (58768.63), there is a possibility of growth. 👉As a result, I will provide you with both the growth and drop scenarios based on a 15-minute...

Eldorado_Land

📉📈GOLD / ⏳1-Hour Timeframe 👉Following up on the previous post, considering the price touching the mid-line of the 4-hour bullish channel: 👉There is a potential for growth based on the formation of a head and shoulders pattern or continued decline based on the breakdown of the head and shoulders channel. ✅Growth Scenario: If the price grows and breaks above the...

Eldorado_Land

After confirming an bull-trend based on two bullish rectangle and triangle patterns on the daily timeframe, GOLD has yet to reach the targets of these two patterns. Consequently, based on these two patterns, there is still potential for further growth. Additionally, it is currently trading above its weekly support at $2416.500, which also indicates a bullish...

Eldorado_Land

⭐BITCOIN/⏳15-minute Timeframe 👉BITCOIN has encountered a key resistance zone (58768.63-59040.42). 👉Given the price behavior around the 5-minute timeframe's bullish trendline, as schematically illustrated, a bearish movement is prioritized. 🎯Bearish targets are as follows: Target 1: 57795.85 Target 2: 57164.35 Target 3: 55382.60-55737.26 ❌Our bearish scenario's...

Eldorado_Land

📈📉BITCOIN Analysis / ⏳15-Minute Timeframe 👉Based on the previous analysis, BITCOIN has reached the high of the 4-hour timeframe channel. At the channel high, an rising wedge pattern has formed on the 1-hour timeframe. 👉Considering that the overall market trend is currently bullish, two scenarios can be considered for the next short-term movement: ✅Scenario 1:...

Eldorado_Land

⏳"BITCOIN analysis / 4-hour timeframe" 👉"BITCOIN has undergone a prolonged bear-trend. 🔰This bearish trend can be encapsulated within a bearish channel on the 4-hour timeframe. A bullish breakout of this channel is the condition for continued growth. 🔰If a decline occurs, it will be temporary and will find support at one of the following levels: 58595.50,...