We might witness a reaction at the support level of 224.34, which will be broken later to head towards the demand zone between 216.75 and 214.26 (marked in green) align with 0.705 Fibo.
NASDAQ:QSI It could be a false break of the demand zone on the 12-hour chart at the 50 EMA. If the stock succeeds in rebounding, it targets the resistance at 4.22 or the supply zone above it between 4.77 and 5.18. The analysis may be right or wrong.
The NASDAQ:RR is trading in a demand zone on the four-hour chart and above the 50-period EMA. If the stock rebounds successfully, it targets the resistance at 3.81 or the selling area between 3.85 and 4.36. The analysis may be right or wrong.
NASDAQ:AMPG has good news. The stock is trading in a demand zone on the four-hour chart and at the 50-day EMA. In case the stock rebounds successfully, the resistance target is 4.58, or the selling area above it between 4.96 and 5.23. The analysis may be right or wrong.
The green demand zone was formed before the peak was breached, and there is liquidity above the zone, which helps ensure the success of the area. We are waiting for the reversal signal , then we will target areas close to the previous peak.
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falling wedge pattern appear before demand zone which is there is possible long buy opportunity
The price broke last high on daily chart and retest the 1.27 Fib extension level, I think the Bitcoin is still an uptrend until we reach the next supply area (either 2.618 Fib extension level or $58k)