aydinbirc

aydinbirc

1. Overview: Current Situation: The price seems to be consolidating after testing previous horizontal resistance levels. It is currently testing the descending trendline. 2. Key Levels: Support Levels: 0.5542: Acted as a reversal zone before; a critical support level. 0.4482 and 0.3436: Important supports in case of further downside pressure. Resistance...

aydinbirc

Chart Details: Fibonacci Retracement Levels: Key retracement levels visible: 0.236, 0.382, 0.618, and 0.786. Price is currently hovering near the 0.236 level (~0.0087 USDT), suggesting consolidation at a low level. Price History: A sharp decline from the high (~0.03 USDT) to a low (~0.007 USDT) is visible, followed by a range-bound movement. The price appears to...

aydinbirc

Key Observations: Fibonacci Retracement Levels: The 0.236 (0.008077), 0.382 (0.010161), 0.5 (0.011948), and 0.618 (0.013730) levels are visible on the chart. These are critical areas where the price may face resistance or find support. The 0.236 level currently acts as the closest resistance. The price seems to be approaching this zone. Trend Direction: The...

aydinbirc

1. Support and Resistance Levels Based on the chart, the following key support and resistance levels are identified: Support Levels: 6.128: This level has acted as strong support multiple times, indicating buyers' interest in this area. 4.548: This is a significant bottom level where the price bounced multiple times, showing strong buying pressure. Resistance...

aydinbirc

Fibonacci Levels: Fibonacci retracement levels such as 0.236, 0.382, 0.618, and 1.618 are marked on the chart. These levels are used to identify potential retracement or continuation points for the price. The price appears to have broken above the 0.618 level, indicating a potential bullish continuation. Trend Line: There seems to be a "cup formation," which is...