melikatrader94

melikatrader94 Updated 

Hello guys... As you have seen over the past few weeks, the cryptocurrency market has been very bearish and no signal has been observed to change the trend. I still encourage you to short position. here we have #gala, this cryptocurrency formed in a bearish channel and in my opinion will break main lower low (main support level). but be aware if this channel...

melikatrader94

hello guys... USDCAD is in a critical area if it breaks down the pink level, this pair will experience another downward movement to the green area. reasons this area is important: ascending trendline flip or resistance/support decision point of the last leg always do your own research. If you have any questions, you can write them in the comments...

melikatrader94 Updated 

Hello guys I do not know how many of you are familiar with this cypro currency but i think it is proper for long position after touch #QML and reach to trendline... after that there are three targets that i show on chart. always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to...

melikatrader94 Updated 

hello guys... i wanna talk about BINANCE:AVAXUSDT analysis and its targets avax makes a great break up and after a retrace, you can get it, and after every breaking-up level, you can add to your position. or close your position on every green area and after you see another line breaking up, enter a long position after retracing. always do your own...

melikatrader94 Updated 

hello guys... eth has been forming an ascending parallel channel and once broke it up, so it is so reasonable if it will touch the next top line of the channel. on the other hand, it exits from consolidation and it could touch the next fibo level easily. but you should consider that eth makes a great rally base in resistance level and it is not Out of mind if...

melikatrader94 Updated 

hello guys... usoil or WTI makes a crown pattern. and the target of this pattern is as height as the main pattern so in this scenario usoil should reach the $66 area. to the clear crown pattern: kind of looks opposite of the head and shoulders pattern. on the hand, the $66 have been important before clearly, you can see this resistance level before and...

melikatrader94

hello guys... as you can see on the TRX chart, it has formed a descending triangle on an upward trend, 3 times touched the bottom line and 4 times the top line touched, wining upward movement so far :)) but be patient until the top line breaks up after that you can get a long position until $0.29 and if you are so greedy hold it until $0.69. if the price breaks...

melikatrader94 Updated 

hello guys... today I was surfing throw forex pairs and see a great opportunity in monthly time frame at usdjpy pair... as you can see on chart price formed a head and shoulder pattern and target of this pattern is on $165, although break out neckline very well so it is very possible to reach target... there are two scenarios for upward movement: 1) starting...

melikatrader94

hello guys... BTC is on critical price, I recommend you close all long positions and wait to break up that pink area (it is on the chart) after that, you can get a long position on the retrace (especially in the green area). always do your own research. If you have any questions, you can write them in the comments below, and I will answer them. And please...

melikatrader94 Updated 

Hello guys... BTC pumped and breaked up descending trendline. in my opinion, there is another upward movement until $19900. if the price retrace to the pink area it is great opportunity to get a long position but careful and attention to targets and stoploss. always do your own research. If you have any questions, you can write them in the comments below, and...

melikatrader94 Updated 

watch ETH for a long position hello guys... as you can see on the chart, ETH makes consolidation and for the last move, starting from 60% of correction of the last leg, and now the price is on top of the range, in my opinion, this pattern happens when the price wanna break the area. but I don't act based on my prediction, so I am waiting for a break-up, after...

melikatrader94 Updated 

hello guys... if gold break up that red level it determines the continuation of the upward movement and in my opinion, xauusd will form a three drives pattern and reach to 1.6 fibo level (almost $1882)... but if gold doesn't break red level be ready for hunt setup and get short position... every movement depend into this critical level... this analysis will be...

melikatrader94

hello guys today mina BINANCE:MINAUSDT was one of the top gainers, but in my opinion, it is not ready for upward movement until breaking up a pink level and three drives' trendline. so put this currency on your watchlist because if it breaks this important level it could touch the $1.4 level which means a 130% gain, it is worth it. always do your own...

melikatrader94 Updated 

hello guys... BNB BINANCE:BNBUSDT engulfed the last kink and in my opinion, it will reach the lower level very soon. there are two levels where you can get a short position here and an upper level that I show as a red area. but don't forget to put your stop loss upper than the line I draw it. always do your own research. If you have any questions, you can...

melikatrader94

hello guys... in my opinion, BTC is not ready for getting a short position yet, however, the red area is so much potential for this purpose, why?! because of these reasons: 1) QML 2) MPL 3) 50% of last leg correction but still, it is not enough, just look for a good setup in the red area. always do your research. If you have any questions, you can write them...

melikatrader94 Updated 

hello guys... I hope you feel rich every day I see a cup and handle pattern on bitcoin but as you know this pattern has a 50% win rate so manage your risk, please... be ready for retrace on handle kinks and then get a long position to target... always do your research. If you have any questions, you can write them in the comments below, and I will answer...

melikatrader94 Updated 

hello guys this is a high time frame analyze, as you can see on chart, at this specific price (almost 13500) i have three confirmation: 1- at top of charthad formed a double top pattern and if price wanna move at least as height as top it should touch $13500. 2- btc has a great long-term bullish trendline and it is possible bitcoin upward movement will start...

melikatrader94 Updated 

hello guys... cadchf after formed a spike candle started to make three drives... so far have made two drives and i am waiting for third one... for forecasting i use movement steps and measure last correction, distance and height of two drives. i think my analysis is so clear for you. but if you have any question please ask. always do your own research. And...