amirmoghaddam

amirmoghaddam

The direction of movement is clearly indicated in the chart.

amirmoghaddam

The price has reversed from the static support zone and the lower boundary of the descending channel, forming favorable reversal candles. The target is the previous static resistance level (the upper boundary).

amirmoghaddam

The price has faced an increase in demand within an appropriate time and price range, forming favorable reversal candles. If the $22 level is broken, the growth trigger will officially activate, and one could be optimistic about the price reaching the upper boundary of the descending channel, around the $47 range, in the medium term.

amirmoghaddam

A downward consolidation has been broken to the upside. It seems like we should get ready for a good buying opportunity

amirmoghaddam

In an established uptrend, the price has reached the lower boundary of the ascending channel. Given the shallow correction, it appears that the price is testing the support level at the channel’s bottom. In the medium term, this suggests a potential recovery, with prices likely moving back toward the previous channel high.

amirmoghaddam

At the top boundary of the long-term channel, we are witnessing the formation of a head and shoulders pattern. If the neckline is broken, we expect a correction in gold. Everything is clearly shown in the image.

amirmoghaddam

The price has reached three strong and valid support levels: 1. Static support zone 2. Lower boundary of the descending channel 3. Mid-band support of the pitchfork It seems that if any correction occurs, it will likely be more of a time correction rather than a significant price drop. I don’t anticipate any major decline for this asset.

amirmoghaddam

Gold; has reached the upper boundary of its long-term ascending channel. In previous instances, we have witnessed significant declines after touching this resistance level. Now, we have to see whether the same scenario will unfold this time.

amirmoghaddam

Technical Analysis The price has reached the lower boundary of a descending channel structure, accompanied by suitable reversal candlesticks. It appears that with the beginning of the new month, we may witness an upward movement in this chart.

amirmoghaddam

The price, while in an uptrend, has reached the support level at the bottom of the ascending channel. In terms of price action, I do not anticipate any further significant correction beyond this point. From a temporal perspective, I am considering the period from April 25 to May 25—a one-month span—as the timeframe for the bottom formation. Conditions within this...

amirmoghaddam

The price, currently in an uptrend, has reached key support levels, including static support and ascending trendline support. Additionally, signs of bullish hidden divergence are observed in the RSI indicator. These factors suggest that the asset is likely to begin its upward movement soon.

amirmoghaddam

The price, after completing a 5-wave Elliott impulse, has entered an ABC correction. It is now in the process of completing wave 5 of C around the lower boundary of the channel. It seems that we should start preparing for a strong upward move in this asset. The expected price and time range are indicated in the chart.

amirmoghaddam

MACD Divergence as a Potential Lifeline Ethereum currently faces challenging conditions, with its recovery hinging on the bullish divergence observed in the MACD oscillator (as highlighted in the chart). A failure to stabilize above the green support zone would likely trigger prolonged downside pressure, dimming near-term prospects. Key Observations: ...

amirmoghaddam

The price has approached the dynamic descending trendline while entering the Potential Reversal Zone (PRZ) of the Butterfly harmonic pattern. Given the confluence of technical factors and within the designated time frame marked on the chart, the conditions appear favorable for a potential bullish reversal.

amirmoghaddam

The price is currently in an uptrend and, after breaching the $25 threshold, it has entered a corrective phase. It is presently consolidating within the support zone delineated by the channel’s lower boundary and the ascending trendline. It appears that approximately one month will be required to complete the bottoming process for this asset. Following this...

amirmoghaddam

After completing the Harmonic Bat pattern, the price encountered increased selling pressure. Over the past two years, it has never dropped below the 200-week moving average, which has acted as a strong support level. We need to see if it will hold again this time. If the weekly candle close ends up below this moving average, it won’t be favorable for Ethereum....

amirmoghaddam

It seems that we are completing the cup pattern, with the long-term target clearly marked in the chart. To confirm that it will reach the 6 trillion target, the small descending channel, which I have considered as a pullback, must be broken to the upside as a trigger for the bullish move

amirmoghaddam

From a technical perspective, the price is moving within a descending channel and is approaching the channel's lower boundary and the PRZ (Potential Reversal Zone). It appears that the correction may continue until March 25. A positive divergence in the MACD oscillator is one of the bullish signals on this chart in the weekly timeframe.