Breakout of the trendline, exit from the rectangular pattern with momentum candlesticks, low-risk entry with pullbacks, the first target is the Fibo range of 50 to 62, the second target is 1.76
According to the previous analysis, the price reacted positively to the zone of the bottom of the channel and Fibo 62, and moved up to the midline of the channel, now the price will enter the range of the second half of the channel either directly or after a price correction, in this case the targets will be $300 and the ceiling of the channel
In case of a valid breakout of fractal 2.254 and a pullback to it, stop loss 2.014 and target 3.276
Low Risk Entry Conditions: Valid Fractal Breakout of 179 and Pullback to it, Targets 218 and 288
Positive reaction to the validated support range shown In case of a breakout of fractal 836, the price has the potential to reach the fibo zone of 50 to 62 in the first stage, and in the next stage, the target of 137
Double Bottom Pattern Rectangle pattern Fractal break 1.95 and pullback
The price has been on the side for the past five days, in the last phase of movement, the price is in an ascending channel, and the exit from the channel at the same time as the static resistance of 219 is broken can be a signal to enter a long position, a pullback to the resistance of 219 is a low-risk entry condition
The price has entered the time correction phase in 1 hour and is suffering in a rectangular box Exiting the box with a momentum candle and fixing the top of the box is a long entry signal
The price in the 1-hour time frame has made a proper correction up to Fibo 62, if it stabilizes above Fibo 50 and smart money enters, it has the potential to reach the ceiling of this time frame The indicator is rising
The price could not consolidate above the resistance of 222, a valid channel has been formed with several collisions, the price will move towards the top of the channel with fluctuations, the analysis will be violated by the breakout of the bottom of the channel
After a 5-wave drop, the price can return to the upward cycle. According to the previous analysis, the double bottom reversal pattern was hit. In the correction phase, compared to the 5-wave downward trend, the price can reach the Fibo range of 50 to 62 with a 3-wave movement. Great reward to risk
The previous analysis pattern was invalidated A double bottom pattern has been formed, if the support of 173 is maintained, a long position can be entered after the resistance of 210 is broken.
According to the previous analysis, the price returned to the upward path after the 78 Fibo touch and the time correction, with the breakout of the trendline.
A reversal pattern is observed In case of a break of the neckline with a momentum candlestick, it is possible to enter a long position by observing the capital management
Additional explanations in the previous post The breakout of the Trendline A and the static resistance shown on the slide are required for a low-risk entry
The box was broken from the bottom, if the support range of Fibo 78 is maintained and a reversal pattern is formed, it is possible to enter a long position with capital management.
The supports of 217 and 157 have been obtained from the price history, we are currently facing an increase in volume in the range of 217, low-risk entry after consolidation above 425.