Eldorado_Land

Eldorado_Land

⭐#BITCOIN Analysis / 4-Hour Timeframe After a sharp rally that broke through the bearish trend-line, BITCIN entered a phase of gradual decline. This decline was contained within a BEARISH channel on the 4-hour timeframe. In an attempt to continue its upward momentum, it penetrated above this channel but was subsequently pulled back into it. In this situation,...

Eldorado_Land

👉GOLD is currently oscillating within an ascending triangle pattern on a daily timeframe. 🔰The most recent bullish move from the triangle's bottom has formed an bullish channel on the 4-hour timeframe.As long as it remains within this bullish channel, any drops will be temporary, and the overall trend will continue upwards. 🔰The channel's key levels,...

Eldorado_Land

#LAI Token Analysis 4H Timeframe: Following the confirmation of divergence on the daily timeframe's bearish channel, the bearish trend-line on the 4h timeframe (dotted line) has been broken upwards, and we are currently trading above this week's key support level of 0.01114. As a result, there is a possibility of continued growth from this region. Potential...

Eldorado_Land

⏳Based on the 4h time-frame: 👉After breaking the 4h timeframe bear-trend-line, BITCOIN experienced a sharp rally. 🔰Upon encountering its first major resistance level, it began to decline. 🔰However, this decline was slow and gradual (within a bearish channel). 🔰Therefore, BITCOIN may re-enter an bullish phase. 🚀First Growth Scenario: If it grows from this...

Eldorado_Land

👉"Today's (August 12) daily candle is very decisive. ⭐If it closes above the price of 2416.500, the conditions for continued growth will be smoothed. 🎯In this case, #GOLD can grow in the form of a triangle pattern, up to the upper arm equivalent to the price of 2471.950-2478.000. 🎯The next growth targets are 2512.650 and 2581.750. ⭐If there is a decline, it is...

Eldorado_Land Updated 

👉"This analysis provides a short-term roadmap for #Bitcoin. 🔰Based on a 15-minute timeframe, Bitcoin could initiate a decline from either the 60701.31 level or the high of the bull channel depicted in the figure (hypothetical channel), targeting 59671.09 and subsequently 58497.06. 🔰A breakout of the 60701.31 resistance on the 15-minute timeframe could...

Eldorado_Land

👉Gold has been consolidating within a rectangular box (yellow area) between the prices of 2286.830 and 2431.590 on the daily timeframe. ⭐Ultimately, it managed to break above this range. However, it subsequently re-entered the box. In such cases, a pattern usually forms at the top of this box to determine the subsequent move.Considering the potential patterns...

Eldorado_Land Updated 

🔄#BITCOIN analysis- August 5 ⏳Based on the DAILY time-frame:The right-hand image 🔰"In the daily timeframe, recent fluctuations have formed a breash channel. I've designed four price movement ranges for #BITCOIN using two channels. 🔰Based on this analysis, #BIT is currently right in the middle of these channels and at a decision point. 🔰The first scenario is...

Eldorado_Land Updated 

⭐Before we dive into the new #BITCOIN analysis, let's talk about the different types of breakouts from my perspective. You can see a schematic of the breakout types on the chart. 👉Breakout Type 1: A full-bodY candleY completely crossing the level. 👉Breakout Type 2: More than 50% of a full-bodY candle crossing the level. 👉Breakout Type 3: Three consecutive closes...

Eldorado_Land Updated 

👉GOLD is in a decision-making phase. 👉In this situation, we need to consider both bullish and bearish scenarios for this week: ✅Bullish Scenario: For GOLD to rise, it must not lose support at 2377.912-2390.760 and must break above the BEARISH channel on the 4-hour timeframe. 🔰In this case, it could rally towards the following targets: Target 1:...

Eldorado_Land Updated 

🚀#BITCOIN COULD CONTINUE ITS UPWARD TREND 👉Reasons: 🔰Bitcoin has successfully broken through significant resistance levels, which can now act as strong support. 🎯Upcoming Growth Targets: Target 1: $70,378.62 - $70,814.39 Target 2: $73,456.09 Target 3: $77,985.36 🔰Support in Case of a Dip: The $64,390.34 - $65,714.94 support zone could halt a decline and...

Eldorado_Land Updated 

👉Gold could continue its decline this week. 🔰Reasoning: ⭐It has hit the upper arm of the wedge pattern on the daily timeframe and has also broken the BULLISH trend-line on the 4-hour timeframe. ⭐It is trading below the key resistance zone of 2426.352-2434.733. 🔰As a result: ⭐It could continue its decline to the targets of 2368.522 and...

Eldorado_Land

🚀#SOLANA is poised for another bullish run, here's why: 🔰As explained in my previous post, SOLANA has broken through significant resistance levels. Most importantly, it has breached the daily timeframe BEARISH trendline. 🔰The retracement from the BULLISH channel's top has been gradual and weak. Therefore, it's likely that this retracement will find support at...

Eldorado_Land Updated 

👉BITCOIN can continue its growth after passing the key daily time-frame resistances. 🔰The next targets for the growth of #BIT: Target 1: 65986.78-66212.02 Target 2: 67691.26 Target 3: 70378.62 🔰If a drop occurs, it is temporary, and the 2 key supports identified in the figure can be where it stops and where growth begins. 🔰What do you think?

Eldorado_Land Updated 

Be sure to read the explanation on the chart!! It cannot be guaranteed that SOLANA can have continuous growth But short-term growth up to the targets of 142.04, 144.37 and 148.07 is possible. The resistance of 148.07 related to the daily time-frame may cause the start of a fall in SOL. #SOL, in case of a drop, can react positively to the key supports of 137.97...

Eldorado_Land Updated 

Hi guys❤️ 👉GOLD can continue its growth this week as long as it is above the support of 2395.002 in the 4-hour time-frame. 🔰The next GOLD growth targets: Target 1: 2433.651 Target 2: 2440.839 Target 3: 2470.117 🔰The best levels to buy in case of a temporary DROP: Support level 1: 2406.917 Support level 2: 2395.002 🔰Do you agree with my opinion about the next...

Eldorado_Land

The Correlation Between Forex Currencies and Commodities🌟 🔰The interplay between forex (foreign exchange) markets and commodities is intricate and multifaceted. Understanding these connections can provide valuable insights for traders and investors. Here are some key points to consider👇 🔰Commodity Pairs (Commodity Currencies): Certain currency pairs are closely...

Eldorado_Land

👀See the first 3 items on the chart👆 🔰Other details: ⭐D: ⭐E: ⭐F: ⭐G: 🔰Additional Considerations for Triangles: ⭐H: Number of Points: To construct a triangle, we need at least two HIGHS and two LOWS. Occasionally, triangles are formed using six points instead of the usual four. ⭐I: Validity Criterion: The BREAKOUT point (exit point) of a triangle should...