hello guys. let's analyze BTC Ascending Channel: BTC is trending within an upward channel, with a broken resistance line acting as support, indicating a bullish trend. Scenarios Outlined: Scenario 1 (Bullish): BTC could continue its upward movement, aiming for $74,000 and potentially $76,000 if momentum holds. This scenario suggests a strong rally after...
hello guys. Let's dive into FOREXCOM:XAUUSD analysis! Channel Support: Gold is currently trading within an upward channel, showing steady bullish momentum. Correction Point: The price appears to be correcting, aiming to test the 50% retracement level of the last upward spike, around $2,721.50. This area aligns with strong support, often referred to as the...
hello guys. Failed Breakout: Bitcoin attempted to break above the resistance zone around $69,400–$69,600 but was unable to sustain the move, indicating a potential lack of buying strength at these levels. Broken Trendline: The price has already broken below a key ascending trendline, reinforcing the bearish bias in the short term. Bearish Zone: The shaded pink...
hello guys! I believe this pair is bullish. However, it has touched the top line of the channel, and we can assume a correction! but the target of the long position is the blue area! it is up to you to get a long position in the purple area or sooner!
hello guys. Trendline Break: Ethereum has broken below a significant ascending trendline, signaling potential bearish momentum. Engulfing Pattern: The price shows a bearish engulfing pattern after breaking the trendline, indicating further downside could be ahead. Next Target Zone: Price action suggests that Ethereum could target the next support area around...
hello guys! as I believe gold is bullish and this position is risky but I think it is valid! it has touched the top line of the next ascending channel and formed a descending trendline! it can cause a little bit correction!
hello guys! Technical Analysis: Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000. Two Possible Scenarios (Based on Arrows): Scenario 1 (Immediate Rally): BTC could maintain its upward momentum, bypassing the lower support and heading directly towards the upper target zone...
hello guys Channel Breakout: Bitcoin is moving within an ascending channel, with price action close to the upper boundary, indicating bullish momentum. Resistance Test: After breaking above a long-term downward trendline, Bitcoin has held steady, suggesting that the previous resistance is now acting as support. Next Target Zones: Price is heading toward the...
hello guys. Downward Channel: The chart shows DOGS/USDT moving within a descending channel, indicating an ongoing bearish trend. Current Rebound: The price is currently bouncing back toward the upper boundary of the channel but is facing a resistance zone around $0.00065–$0.00070, which aligns with the channel’s resistance. Possible Rejection: A rejection...
hello guys. Uptrend Structure: The price remains in a strong upward channel, with consistently higher highs and higher lows, indicating a bullish trend. Resistance Levels: Immediate resistance around the $2,747 zone; a breakout here could lead to a rally towards the top of the channel. Support Zones: Multiple support zones have formed, with notable levels...
hello guys. let's analyze btc! Pattern Formation: The chart shows a classic "Head and Shoulders" pattern, a bearish reversal indicator. The pattern consists of a left shoulder, head, and right shoulder. Resistance Level: The recent price action reached a resistance zone, forming a double top near 69,000. This is a key level where sellers have shown...
hello guys. Pattern Breakout: Bitcoin appears to be breaking out of a triangle formation, a bullish signal that often suggests potential for upward momentum. Flip Area: The support zone marked as the "flip area" around $67,200 acts as a strong support level. Potential Scenarios: Immediate Breakout: If Bitcoin holds above the triangle, it could make a direct...
hello guys. Primary Trend Structure: The chart shows a classic Elliott Wave formation with an initial five-wave impulsive move (1-5) followed by a three-wave corrective pattern (A-B-C), suggesting the start of a new bullish cycle. Current Cycle: The recent price action is part of a new five-wave cycle with waves 1, 2, and 3 already formed. Wave 4 appears to be...
hello guys. let's analyze DOGS! Ascending Channel Structure: The price is moving within an ascending channel, indicating a long-term bullish trend. Reachable Resistance Area: The price is approaching a reachable resistance area between 0.0000770 and 0.0000800 USDT, which could act as a ceiling for further upside moves. Potential Retracement: After...
Ascending Channel: Gold is moving within a clear ascending channel, showing a strong bullish momentum. Price has respected both the upper and lower bounds of the channel multiple times, confirming this structure. Support and Resistance Zones: Immediate Resistance at $2,747: This level, marked by a previous price peak, could act as a resistance. A breakout above...
hello guys! the last signal hit the target: it is super risky too! please manage your risk! in this case it is possible lots of hunting will happen.
hello guys! btc touched the top line from up! and touched the flip area from the bottom! both sides are pressing! let's see which side has more power!
hello guys. for the first time in the last few days, btc broke down the ascending channel! I think it will hunt lots of stoplosses and liquid lots of people before any drop! but the bullish trend seems exhausted! let's see what happens!