melikatrader94

melikatrader94

hello guys... BTC is on critical price, I recommend you close all long positions and wait to break up that pink area (it is on the chart) after that, you can get a long position on the retrace (especially in the green area). always do your own research. If you have any questions, you can write them in the comments below, and I will answer them. And please...

melikatrader94 Updated 

Hello guys... BTC pumped and breaked up descending trendline. in my opinion, there is another upward movement until $19900. if the price retrace to the pink area it is great opportunity to get a long position but careful and attention to targets and stoploss. always do your own research. If you have any questions, you can write them in the comments below, and...

melikatrader94 Updated 

watch ETH for a long position hello guys... as you can see on the chart, ETH makes consolidation and for the last move, starting from 60% of correction of the last leg, and now the price is on top of the range, in my opinion, this pattern happens when the price wanna break the area. but I don't act based on my prediction, so I am waiting for a break-up, after...

melikatrader94 Updated 

hello guys... if gold break up that red level it determines the continuation of the upward movement and in my opinion, xauusd will form a three drives pattern and reach to 1.6 fibo level (almost $1882)... but if gold doesn't break red level be ready for hunt setup and get short position... every movement depend into this critical level... this analysis will be...

melikatrader94

hello guys today mina BINANCE:MINAUSDT was one of the top gainers, but in my opinion, it is not ready for upward movement until breaking up a pink level and three drives' trendline. so put this currency on your watchlist because if it breaks this important level it could touch the $1.4 level which means a 130% gain, it is worth it. always do your own...

melikatrader94 Updated 

hello guys... BNB BINANCE:BNBUSDT engulfed the last kink and in my opinion, it will reach the lower level very soon. there are two levels where you can get a short position here and an upper level that I show as a red area. but don't forget to put your stop loss upper than the line I draw it. always do your own research. If you have any questions, you can...

melikatrader94

hello guys... in my opinion, BTC is not ready for getting a short position yet, however, the red area is so much potential for this purpose, why?! because of these reasons: 1) QML 2) MPL 3) 50% of last leg correction but still, it is not enough, just look for a good setup in the red area. always do your research. If you have any questions, you can write them...

melikatrader94 Updated 

hello guys... I hope you feel rich every day I see a cup and handle pattern on bitcoin but as you know this pattern has a 50% win rate so manage your risk, please... be ready for retrace on handle kinks and then get a long position to target... always do your research. If you have any questions, you can write them in the comments below, and I will answer...

melikatrader94 Updated 

hello guys this is a high time frame analyze, as you can see on chart, at this specific price (almost 13500) i have three confirmation: 1- at top of charthad formed a double top pattern and if price wanna move at least as height as top it should touch $13500. 2- btc has a great long-term bullish trendline and it is possible bitcoin upward movement will start...

melikatrader94 Updated 

hello guys... cadchf after formed a spike candle started to make three drives... so far have made two drives and i am waiting for third one... for forecasting i use movement steps and measure last correction, distance and height of two drives. i think my analysis is so clear for you. but if you have any question please ask. always do your own research. And...

melikatrader94 Updated 

hello guys... I apologize for my absence and there was a gap between my posts...My people are enduring difficult conditions after the killing of #MahsaAmini, and I am one of these people... gold formed a double top pattern at weekly time frame and in this week break out neckline and engulfed flag at this level so at least will reach to $1350 zone that shown in...

melikatrader94 Updated 

hello guys... I hope you feel rich every day I see a cup and handle pattern on bitcoin but as you know this pattern has a 50% win rate so manage your risk, please... be ready for retrace on handle kinks and then get a long position to target... always do your research. If you have any questions, you can write them in the comments below, and I will answer...

melikatrader94

hello guys... it is clear that litecoin BINANCE:LTCUSDT should fill the gap that is held with a long bar candle IMO though. there are two scenarios in this case. 1) price hunt the higher high level and after getting enough stop loss come back to fill the gap. 2) somehow this gap fills after a while then you can get a long position on the bottom of the...

melikatrader94

hello guys... sorry for the delay in my analyses, I was on vacation now I have come back to my routine life... Accept this analysis as a Christmas gift from me, my dear friends... as you see on crypto maps or on your watchlists some cryptocurrency starts a few bullish movements, in my opinion, it is just a correction and the main bullish movement doesn't start...

melikatrader94 Updated 

hello guys... let's review what happen to BINANCE:ETHUSDT in the last 7 days! 1- dump a lot and make a gap or fair value gap in the middle of the gap! 2- retrace to %50 of the last dump or leg. 3- stuck on consolidation for several days. 4- reach to %50 of correction again! 5- formed a tiny ascending trendline and then, boom dump it again! the last...

melikatrader94

hello guys... who has this pair BINANCE:ATOMUSDT ? in the weekly time frame price formed two Quasimodo patterns at the top and the bottom... if we consider the price to respect the last trendline (just a scenario) then we should expect it move to down until the QML of the bottom chart. what if the price breaks the lase trendline then reaches QML at top of the...

melikatrader94

hello guys... I don't wanna bother you with a lot of explanations and conditions... I will go to the main subject immediately... BINANCE:VETUSDT formed two descending channels. the main channel indicates by gray color and the base channel has been shown as red color. as you can see on the chart for several months price moved at bottom of the main channel and...

melikatrader94 Updated 

hello guys: As you see on chart, price formed a double top (it is not perfect but still valid), after confirmed this pattern pullback and moving downward as height as 0.6 of double top height but first target of this pattern is $117 so I think apple has a deep retrace to decision point to touch bearish trendline and after that will start mid-term bearish...