melikatrader94

melikatrader94

hello guys! Looks like Bitcoin is cooking up a massive cup-and-handle pattern, and we all know what that means—moon time! 🌕 After a long and bumpy accumulation phase (or as we like to call it, the "sip phase"), BTC is now gearing up for a breakout to $105,970! The blueprint is clear: ✅ Sideways struggle? Check. ✅ Smooth bottom curve? Check. ✅ Bullish breakout...

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hello guys! Trading Plan: If Bitcoin finds support around $96,000 and shows bullish momentum, it could rally toward the $98,600 resistance. A breakdown below $95,000 could invalidate this bullish setup, leading to further downside potential.

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hello guys! let review what happened in gold: Double Top Formation: The chart indicates a double top pattern, which typically suggests a potential reversal in the price movement. This pattern formed at a significant resistance level, as shown by the "internal static level" marked at the top of the chart. A double top is generally seen as a bearish signal,...

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hello guys! I published my reasons for an upward movement before: Let's dig into the history of this coin and analyze what happened before and after forming this candle!

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hello guys! Divergence Between Price and RSI: The chart shows a clear bearish divergence between price action and the Relative Strength Index (RSI). Price made higher highs, while the RSI formed lower highs, signaling weakening bullish momentum and the potential for a reversal. Price Action Analysis: The price reached the QML2 zone (~$103,000), and there is a...

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hello guys! let's analyze TON! Ton formed a head and shoulders pattern and broke the neckline! The target of this pattern has already been achieved! and the last candle touched the flip area too! so there is no debt to a lower level for this coin! it is ready for an upward movement!

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hello guys! let's analysis Apple! Support Area (~$219 - $221): This zone has previously acted as a strong demand level, preventing further decline. Target Area (~$252 - $254): A key resistance level where the price might face selling pressure. Candlestick Signal – Bullish Engulfing: The engulfing pattern indicates a potential reversal, signaling bullish momentum...

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hello guys! Pattern Formation: The chart illustrates a bullish inverse head and shoulders pattern, which is a well-known reversal signal indicating a potential shift from a downtrend to an uptrend. The structure includes: Left Shoulder – A price decline followed by a minor recovery. Head – A deeper price drop, marking the lowest point. Right Shoulder – A higher...

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hello guys! Market Structure & Key Levels The chart presents a 4-hour timeframe analysis of Bitcoin (BTC/USDT) on Binance. The price action is contained within a large consolidation zone, with two distinct liquidity hunts labeled: The first hunt at the lower boundary The second hunt at the upper boundary Currently, BTC is breaking down from the upper...

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hello guys! Upward Movement: The price has been moving upward since the start of the period, breaking several resistance levels along the way. The price recently shot up after forming a consolidation pattern, which suggests bullish sentiment. The momentum is strong, but there is a small pullback that might occur soon. Current Trend: The chart indicates an...

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hello guys! such a day! let's look at ADA! Breakdown from the Ascending Channel: The price has fallen below the ascending channel, signaling a potential bearish trend continuation. A key support level around 0.7765 was broken, and the price is now testing lower regions. Two Possible Scenarios: Bullish Rebound: If the price reclaims 0.7765, a retest of...

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The EUR/USD weekly chart shows a clear double top formation, with the neckline already broken, indicating a potential bearish continuation. Scenario 1: The price could retest the broken neckline, which now acts as resistance, before resuming its downward move. This scenario aligns with the prevailing bearish trend, targeting the key support zone at...

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hello guys! The chart suggests a Head and Shoulders pattern, indicating a possible bullish (in a higher time frame) continuation. Here are the key points: Head and Neckline Structure A well-defined head formation at the top, with a sloping trendline indicating weakness. The neckline is around 97,657, which is a key support level. QML2 & Price Rejection The...

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hello guys! Bitcoin is currently trading within an ascending channel, showing strong bullish momentum. Price recently bounced off the midline support and is now heading towards the upper boundary. The expected scenario is a continuation of this trend, with Bitcoin pushing toward the resistance zone near 106,400. A break above this level could signal further...

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hello guys! Gold recently broke out of a rising channel and experienced a sharp decline, hunting liquidity and touching a key flip area. This level acted as strong support, triggering a rebound. Now, the price is attempting to form a higher low, and two bullish scenarios are in play: A direct bounce from the current level leads to a retest of the 2,768...

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hello guys! btc has confirmed the knife-down pattern after breaking down the triangle pattern! It is so probable that I will touch the QML area that I have shown as two gray areas! target1: $96650 target2: $92090

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hello guys! The Bitcoin (BTC) price chart shows a strong upward trend after breaking out from a key resistance level. The breakout occurred around January 20, 2025, when the price surged through a horizontal resistance zone. The bullish momentum suggests that the price is headed toward the next significant resistance level near $110,000, marked by a potential...

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hello guys! Triangle Formation Top Line of the Triangle: A descending trendline forming the upper boundary of the triangle, showing a gradual decline in lower highs. Bottom Line of the Triangle: An ascending trendline forming the lower boundary of the triangle, highlighting higher lows, indicating potential consolidation. Support and Resistance Zones Support...