melikatrader94

melikatrader94 Updated  Jul 27, 2024

hello guys. let's start to analyze Bitcoin! Double Top Formation: The chart clearly indicates a double-top pattern, which is a bearish reversal pattern. This suggests that the price might face downward pressure in the short term. Support and Resistance Levels: Resistance: The price faced resistance around the 68,000 USDT mark and failed to break through,...

melikatrader94 Updated  Jul 24, 2024

hello guys! I think this coin and this position are valuable! It made a Qm pattern! on the other hand, the reward to risk is more than 20x! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your...

melikatrader94 Updated  Jul 22, 2024

hello guys... I believe the 0.000160 is the best area to get a long position! the target will be $0.00038! let's see! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment

melikatrader94 Updated  Jul 22, 2024

hello guys. as I published before: the triangle broke and its target touched! as you can see, there are two ascending channels there, and it seems you want to touch the next top line around $2480! let's see what will happen! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below,...

melikatrader94 Jul 21, 2024

Chart Patterns and Trendlines 1. Head and Shoulders Pattern (Bearish) - Left Shoulder: Formed around 3,450 USDT. - Head: Reached a peak around 3,550 USDT. - Right Shoulder: Formed around 3,450 USDT again. - The neckline, which was breached, is around 3,300 USDT, indicating a bearish reversal. 2. Inverse Head and Shoulders Pattern (Bullish) ...

melikatrader94 Jul 20, 2024

The chart provided shows a 4-hour Bitcoin (BTC) price analysis with USDT as the quoted currency for Binance. Let's break down the technical analysis: Trend and Pattern Analysis 1. Descending Wedge Breakout: - The price was previously in a descending wedge pattern, marked by converging trendlines. - The breakout from this wedge occurred around July...

melikatrader94 Jul 17, 2024

hello guys. let's analyze MOVR! Current Trends: - Downtrend and Descending Channel: The price of MOVR has been in a downtrend, moving within a descending channel since its previous high. This indicates a period of consolidation and potential accumulation. Key Levels: - Support and Resistance: - Support: The internal trendline and the bottom of the...

melikatrader94 Updated  Jul 17, 2024

hello guys. from the deepest of my heart, I wanna BTC to become bullish but the chart says something else! the GETTEX:52K is a reachable area! after that, we can expect an upward movement but it is not certain! the best confirmation is when the top line breaks up! then you can count on upwards movement! my next opinion is the BTC needs a compression for a...

melikatrader94 Jul 16, 2024

hello guys. let's analyze PEPE! - Current Price: The current price of PEPE is $0.00001177, showing a 3.98% increase. - Support and Resistance: - Support Level: The price has recently bounced off an internal trendline, acting as a significant support level. - Resistance Level: The target price is set at $0.00004128, indicating a potential resistance point...

melikatrader94 Updated  Jul 16, 2024

hello guys. Let's analyze ETH! ✎ Current Price and Structure - Current Price: The current price of Ethereum is approximately $3,158.24. - Trend: The chart shows Ethereum in a descending parallel channel, indicating a bearish trend. ✎ Key Patterns - Double Bottom: At the lower end of the chart, a double bottom formation is seen around the $3,110 level....

melikatrader94 Updated  Jul 14, 2024

hello guys... I think TRX will be bullish for these reasons: 1- it made a quasimodo pattern! 2- it is on the flip area! 3- It somehow reacted to the bottom line of the channel! the target will be $0.133 and $0.19. ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will...

melikatrader94 Updated  Jul 13, 2024

hello guys... as you see eth made a flag pattern and broke it! after breaking it made a sharp movement and now another pattern under the name head and shoulders! the blue line area seems a potential area to get a long position! target is: $4631! ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the...

melikatrader94 Updated  Jul 12, 2024

1. Chart Overview: - The chart is of Gold Spot vs. US Dollar (XAU/USD) on a 4-hour timeframe. - Current price: around 2,360.610. - There are various annotations including trendlines, support and resistance levels, and potential price targets. 2. Key Patterns: - Symmetrical Triangle: The yellow shaded area represents a symmetrical triangle...

melikatrader94 Updated  Jul 10, 2024

hello guys... I published before this analysis: I believe the target of the short position was 127$! but now the price made a three-drive pattern and showed us a manipulated area! I think if the price comes higher than 185$ it will mean the correction is done! let's see what happens! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you...

melikatrader94 Updated  Jul 8, 2024

hello guys. poof! What a week! apart from other coins, NOT coin was great and broke the descending channel. it is forming a knife-up pattern RN! and we can expect another upward movement toward the next channel! the blue area is assumed as target! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in...

melikatrader94 Jul 6, 2024

hello guy. unfortunately, BTC formed a double top and broke the neckline! there are two scenarios in front of BTC! 1- touches the QMC level. 2- touches the ascending trendline. the target of the breaking double top is $45k! ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and...

melikatrader94 Updated  Jul 6, 2024

hello guys... as the chart illustrates, the btc after forming a double top touched the next decision level! now the price is in a potential area to start an upward movement, but we need confirmation! if the price breaks up the descending trendline you can get a long position after retracement! but be aware of targets (the blue...

melikatrader94 Updated  Jul 6, 2024

hello guys! the price is hunted the last area is around $2337, this seems like a hunt, not like an engulfing! current state: 1- it formed a QM pattern and touched the target of the pattern! 2- the Qm pattern looks like H&S too! 3- at the upper time frame the main trend still is bearish and the descending channel has not broken yet! forecast: 1- the price...