melikatrader94

melikatrader94

hello guys. as you can see gold is forming a fake divergence on the RSI indicator! on the other hand, it is forming a widening pattern too. we can wait until the pattern breaks or we can get a short position on the upper yellow area. the target is $2470. __________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write...

melikatrader94

hello guys. Resistance Zone: Price action has recently tested the resistance zone around $2,668-$2,715 (yellow shaded area), which aligns with a Fibonacci retracement level of 0.618. The price was unable to break above this resistance and has started to move downward. Bearish Trend Formation: A clear downtrend is forming as the price has failed to make a...

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hello guys. Inverse Head and Shoulders Pattern: The price action is forming an "Inverse Head and Shoulders" pattern, with the left shoulder, head, and right shoulder clearly marked. This pattern typically indicates a reversal from a downtrend to an uptrend. The neckline of the pattern is located around the resistance zone at approximately $2,534. Breakout...

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hello guys. Breakout of the Main Channel: The price has recently broken out of a main ascending channel, suggesting the start of a new bullish phase. This breakout indicates strength and potential continuation to the upside. Key Levels and QML (Quasimodo Levels): Two significant Quasimodo Levels (QML and QML 2) are marked on the chart. These levels are...

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hello guys. Breakout of the Main Channel: The price has recently broken out of a well-defined ascending channel, indicating a potential bullish trend continuation. Support and Resistance Zones: The area around $2,500 acts as a strong support zone, which the price has tested and bounced off several times. There is a resistance zone around $2,530 that the...

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hello guys. let's dive into eurusd Breaking the Channel: The price has broken out of a previous channel, which suggests a potential bullish momentum continuation. This breakout is marked as a significant event that has shifted the trend. The Last High Broken: The chart indicates that the last significant high around the $1.1169 level was broken. This...

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hello guys. as you can see btc made a Head and shoulders pattern and the neckline broke up! so we can expect the $65802 area touched! ___________________________ ✓✓✓ 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

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hello guys. let's analysis $BINANCE:CFXUSDT! 1. Consolidation Phase: The price has been moving sideways, trapped between two key levels: a support zone around $0.1230 and a resistance zone around $0.1465. This consolidation is marked by the yellow rectangles, indicating areas where the price has found significant support and resistance. 2. Resistance...

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hello guys. Let's analyze OKX:TONUSDT Top Line Resistance: The chart identifies a rising resistance level (top line) that the price has tested multiple times but failed to break above convincingly. A breakout above this line could signal a bullish move. Neckline Support: There is a crucial support level (neckline) that has held up the price so far. The...

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hello guys. I believe gold is still bullish and only long positions are logical. Channel Breakout: The price of gold has broken out of the main ascending channel, indicating a strong bullish move. Fake Divergence: A fake divergence was spotted, but the price continued to rise, rejecting bearish signals. Support Zone: The price is currently hovering above a...

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hello guys. let's analyze Notcoin. BINANCE:NOTUSDT Technical Analysis Descending Wedge: The price has been moving within a descending wedge pattern, typically a bullish signal that could lead to a breakout. Breakout Potential: The price is nearing the wedge's top line, indicating a possible breakout. If the price breaks out, it could rally towards...

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hello guys. let's dive into BTC. Support and Demand (S&D) Zone: The S&D zone marked on the chart around the $49,500 level has acted as a strong support during the last downward movement. If the price retraces, this zone is likely to serve as a critical support area, potentially offering a buying opportunity. Potential Bullish Scenario: If...

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hello guys. Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern. First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines. Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive. Outlook: If the...

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hello guys. let's dive in BTC! 1. Pattern Recognition: Left Shoulder: The first peak formed before the head. Head: The highest point in the pattern, showing a peak above the shoulders. Right Shoulder: The final peak, which is lower than the head but roughly in line with the left shoulder. 2. Key Levels: Neckline: The blue line around $57,571.68...

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hello guys. let's analysis Tesla 1. Key Levels: Descending Trendline: The blue trendline represents a long-term resistance level formed by lower highs. The price has recently broken above this trendline, suggesting a potential shift in market sentiment. QML (Quasimodo Level): The yellow box represents a demand zone where the price found support and...

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hello guys! let's analyze the ILV coin! 1. Market Structure & Key Levels: Current Price: The asset is trading at around $43.37. Possible Hunted Area: The price is nearing a zone that might have liquidity pools where previous stop losses could have been triggered, making it a potential reversal area. Engulfed Area: There is a previously engulfed zone...

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hello guys. let's analyze Gold. OANDA:XAUUSD FOREXCOM:XAUUSD FX:XAUUSD 1. Price Action & Market Structure: The price is trending upwards within an ascending channel, which has been a key support and resistance guide. There are liquidity zones marked as "hunted," suggesting areas where stop-loss orders may have been triggered, causing a reaction in...

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hello guys. 1. Price Action & Market Structure: The chart shows a recent bullish trend, where the price is forming higher highs and higher lows within a rising channel. A double bottom pattern is evident around the $2,380 - $2,385 level, indicating a strong support area that previously reversed the downward movement into the current uptrend. 2. Key Levels: ...