melikatrader94

melikatrader94

hello guys! Key Resistance Zone: The price has reacted strongly at this confluence of resistance, signaling the potential exhaustion of the recent bullish momentum. Correction Scenario: A pullback to the breakout (BO) level, represented by the blue area, appears likely as the price consolidates below the resistance. This region could provide a strong support...

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hello guys! The Cardano (ADA) chart reflects a corrective move approaching a critical support level. The price appears to be reacting to a combination of horizontal and trendline support, signaling a potential reversal for bullish continuation. __________________________ what I see: Support Zone Interaction: The price is approaching a highlighted support...

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hello guys! The Bitcoin (BTC) price chart shows a strong upward trend after breaking out from a key resistance level. The breakout occurred around January 20, 2025, when the price surged through a horizontal resistance zone. The bullish momentum suggests that the price is headed toward the next significant resistance level near $110,000, marked by a potential...

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hello guys! Dogs is bearish so much! and now it has its last chance to reverse! the Qml formed but the engulfed touched the S&Z after the pattern breakout! This puts the probability of a reversal a little bit in danger! otherwise, it remains bearish and continues to dump!!

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hello guys! Key points to consider: Support Zone: The $3,160–$3,200 zone acted as support, and Ethereum’s price has bounced strongly from this level, which could indicate further upward movement if the price remains above this zone. Resistance Zone: Ethereum is approaching the $3,600 resistance level, which has capped the price previously. A breakout above...

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This coin became famous after Elon Musk changed his Twitter account name! But what is going on exactly: Key Resistance Zone: The resistance around $0.21–$0.22 has been tested previously and remains a significant barrier for upward movement. If the price manages to break this zone, we could see a continuation toward higher Fibonacci extensions. Fibonacci...

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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...

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hello guys! Broken Channel: The price recently broke out of a rising channel, signaling a potential shift in trend. Following the breakout, it retested the broken channel boundary, indicating that this level now acts as resistance. Double Top Formation: A double-top pattern can be observed near the upper resistance zone around $2,710–$2,730, suggesting that the...

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hello guys! The chart shows a clear formation of a Head and Shoulders (H&S) pattern at the upper price levels, with the head around $101,000 and the left and right shoulders near $100,000. This is a key reversal pattern signaling a potential downside if the neckline at approximately $97,000 breaks. On the broader structure, there is an upward wedge pattern...

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This chart presents a pivotal scenario for Bitcoin (BTC) as it forms a complex Head & Shoulders (H&S) pattern, with two potential outcomes based on key breakpoints: Bullish Scenario: If the price breaks above the Decision Point (DP), the pattern morphs into a Continuous Head & Shoulders (Double). This indicates strong bullish momentum, with a high...

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hello guys! let's analysis btc Resistance: $98,450 (immediate resistance, recent structure level). $102,800 - $104,000 (strong supply zone and Fibonacci confluence). Support: $95,000 (demand zone). $92,000 (last significant swing low). Bullish Scenario: If BTC can hold and reverse from the $94,000 - $95,000 demand zone, a bullish move could...

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hello guys! xauusd breakout and engulfed every level that was supporting the bullish trend! just get a short position here! the target is $2601 the price is moving in the bottom area of the channel and this kind of move also confirms the bearish signal!

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hello guys! Hunt Zones: Two liquidity "hunt" zones are marked: Hunt 1: A resistance level where sellers initially dominated. Hunt 2: A support area where buyers stepped in to push the price higher. Bullish Structure: The price has created a higher low and is showing signs of bullish momentum. The engulfing pattern indicates a strong buyer presence. Key...

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hello guys! let's analyze gold together! Double Top Formation: A double top has been identified near the $2,675-$2,680 level, signaling a potential reversal from the bullish trend. Broken Channel: The previous upward channel has been broken, indicating a shift in market structure and possible bearish momentum. Two Scenarios Outlined: First Scenario...

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hello guys! let's make it simple! the first two drives of the three-drives patter have been formed! I am waiting the third one! the triangle pattern seems a right level for getting long position! let's see what will happen!

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hello guy! First of all! Happy New Year! I believe in a long position here! Why? let's explain it! Engulfing Zones: The term "engulfed" on this chart represents price levels where strong price movements absorbed opposing orders, marking areas of liquidity shifts. The most recent engulfing level near $93,500 is a critical pivot. It has established itself as a...

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what happened: Double Top Formation: A bearish reversal pattern is marked, showing two peaks at similar levels. After completing the pattern, the price dropped sharply to meet the "target of double top" near $3,150. Now: Symmetrical Triangle: The price is consolidating in a symmetrical triangle pattern. This pattern is typically neutral and indicates...

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hello guys! let's dive into #xauusd #gold analysis! Supply and Demand Zone: The price recently touched the highlighted supply and demand (S&D) zone around $2,640-$2,650, showing resistance in that area. Trend Channel: The price is moving within an ascending channel, with higher highs and higher lows. However, the current trend shows signs of potential...