The price hit the 4h support area which is also a daily support area. We will see a bounce here probably. This bounce has a probability to at least reach 23300 level which is a 4h resistance area. We will see how the price action is once the price reaches that resistance level of 23300.
The price has hit 4h support region. There is likely a bounce here to the 4h resistance region 1660-1670 marked in the chart.
So the price hit finally the marked support area. And we see a bounce which was depicted in the last post. The price will likely hit the 4h resistance at 0.00001476 level. The next course after the price hits that level will be decided by looking at the price action at that level.
Price still trading inside weekly resistance zone. Currently it is inside smaller timeframe range and under 4h resistance at 23460. Price will likely touch again the range high of previous 4h range (also the range low of current small 1h range) at 23300.
Price may tap this 4h support region in this pullback. But before this pullback, probably price might revisit0.00001544 level. Though current price level 0.00001526 is a good candidate for the next leg down to begin from here. However during the pullback there is a little chance that it may miss that 4h support by a little 1% mark as there is hourly support there...
This current 4h candle (UTC 12:00 - 16:00) has a higher probability of being a green one.
The current 15m candle (UTC 8:45-19:00) has a higher probability of being a green one.
Next 1h candle (UTC 01:00- 02:00) has a higher probability to be a red candle.
The current 30m candle (UTC 10:30-11:00) has a higher probability of being a red one.
The price will hit the weekly resistance again very likely. The current day candle has a higher probability of ending up a green one.
The current 4h candle (UTC 08:00-12:00) has a slightly higher probability of being a red one.
It looks like for SHIB the upward path is clear till the next monthly resistance.
TSLA hitting a weekly resistance here. A pullback is expected here even if the momentum is there to break it in coming weeks. In case of pullback from the current weekly resistance, price should find a support here and continue its upward journey from here. The probability of this scenario is very high. If the price breaks the first support then the probability...
This current 1h candle (UTC 13:00 - 14:00) has a higher probability of being a red one.
Price heading towards the weekly resistance as well as the upwards trend line.
Difficult chart to do the analysis. However, at a high timeframe like monthly, it is a bit easier. It seems there is a big monthly resistance sitting just 15% above the current price. That resistance is a zone 238-243. There is higher probability that if price moves higher from here, it will stall in that range and probably face a rejection there for a pullback....
Price trading inside 3M resistance zone. However there are still 2 months to go to close the 3M candle. Therefore price can be a bit insensitive towards that resistance and continue to move higher. However, the weekly resistance above definitely going to pose challenge for the price. This also coincides with the downward trend line the price has been push against...
The price has broken up on the current monthly resistance level. However, it will meet another combination of weekly and monthly resistance at 91-95 range. The probability for the price to get rejected there and a pullback is higher. If the above scenario plays out, the current broken monthly resistance will act as support and price shall then bounce from there.a