melikatrader94

melikatrader94

hello guys! as you can see the triangle pattern formed and the price breaks it out! so the next target will be the blue area! around the $2990 area!

melikatrader94 Updated 

hello guys! as I published before: the downward movement didn't happen as I expected! in return the top line of pattern breakout! if this candle close lower than $2930.24 area then this scenario will happen! 1-Triangle Formation with Key Level at $2930.24 Gold is consolidating within a triangle pattern, with the top line acting as resistance and the bottom...

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hello guys! Symmetrical Triangle Formation Gold is trading within a triangle pattern, with price approaching a key resistance zone. The top trendline of the triangle is acting as a major resistance, while the bottom trendline provides support. Potential Scenarios Bullish Case: If price breaks above the minor ascending channel, Gold could test the $2,928-$2,930...

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Key Insights: Breakout & Retest in Play Ethereum (ETH) has broken above a key resistance level around $2,727 - $2,730. A retest of this zone could confirm it as new support before the next leg up. Bullish Price Action Expected The price is consolidating near recent highs, forming a potential bullish continuation pattern. If the retest holds, ETH could surge...

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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! Key Observations: Strong Impulse Move: ADA recently experienced a sharp rally, breaking through resistance levels and establishing a new range. Fake RSI Divergence: A deceptive bearish RSI divergence was invalidated as the price continued its uptrend, confirming bullish momentum. Support Holding at Lower Channel: The price is currently...

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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...

melikatrader94 Updated 

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! 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!

melikatrader94 Updated 

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!

melikatrader94 Updated 

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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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...