Nikraftar_Mahdi

Nikraftar_Mahdi

Considering the price approaching the upper level of the daily descending channel, which coincides with the 4-hour supply zone, as well as the close proximity of the price to the long-term daily demand area, as indicated on the chart, there is a higher probability of price decline. If you decide to trade, wait for confirmation of a price drop in the channel's...

Nikraftar_Mahdi

Based on the corrective upward movement of the Bitcoin price in the one-hour channel and its placement at the bottom of this channel, as well as its proximity to the upper limit of the trading range formed in the four-hour channel, there is a higher likelihood of price movement towards the upper limit of the four-hour channel.

Nikraftar_Mahdi

Based on the strong downward context in the weekly timeframe and the formation of a head and shoulders pattern, as well as being located at the upper boundary of a descending channel, the price is more likely to experience a further decline, as shown in the chart.

Nikraftar_Mahdi

Considering the significant decline it has experienced, there is a possibility of a correction in the price of gold towards the 0.5 Fibonacci retracement line, which coincides with the previous supply zone.

Nikraftar_Mahdi

Are your ready for the second leg guys ? With the sharp downward movement and strong bearish trend, as well as the formation of a bearish candlestick pattern, there is a possibility of price decline towards the next demand zone.

Nikraftar_Mahdi

If the channel breaks downwards and confirms a retest of the breakdown zone, there is a possibility of price decline towards the demand zone's bottom in the 4-hour timeframe.

Nikraftar_Mahdi

Based on the break of the 4-hour channel and reaching the higher supply zone, there is a possibility of price correction towards the channel break area.

Nikraftar_Mahdi

Based on the previous volatile movement of Bitcoin and the accumulation of unfulfilled orders in the 4-hour demand zone, along with the formation of a descending corner, it is more likely that the price will move towards the demand area as shown in the chart.

Nikraftar_Mahdi

Based on the ascending channel that has lasted for more than 10 days and the formation of a descending head and shoulder pattern after reaching the supply zone within a 4-hour timeframe, the possibility of a price correction according to the chart is plausible.

Nikraftar_Mahdi

After being stuck in a 41-day downtrend channel, NZD/USD has now reached the bottom of a 4-hour channel, which coincides with a strong demand zone that has been identified on the 4-hour chart. It is likely that price will undergo a correction from this demand zone, as indicated on the chart, moving higher towards the upper boundary of the 1-hour channel, which...

Nikraftar_Mahdi

Based on the breaking of the long-term downtrend line towards an upward direction, as well as the current price situation in the meddle of the ascending channel and the interaction of the one-hour channel floor with the demand zone in the same timeframe, and considering the corrective nature and price growth according to the identified trend in the 4-hour chart,...

Nikraftar_Mahdi

After breaking an important support and pull back to that reversal zone i believe it will fall at least to the next important resistance level

Nikraftar_Mahdi

Based on the formation of a Wyckoff structure in the weekly timeframe, as well as a long-term daily descending channel , I believe that after a pullback to the channel's ceiling, the market will experience and touch bottom of channel

Nikraftar_Mahdi

Based on the short-term upward trend of Shib and the approach towards a daily downward trend line, I believe that the price of Shib will experience a decline.

Nikraftar_Mahdi

Based on the historical price movements of SOLUSDT and key supply zones observed in the 4-hour timeframe, I believe there is a potential for a corrective price action as depicted in my chart analysis.

Nikraftar_Mahdi

Given that the ascending channel has broken down from below and returned to its breakdown point, it is possible for it to experience a decline to the next demand zone.

Nikraftar_Mahdi

Based on the convergence of the top of 4-hour and daily ascending channel and the context of market, I predict long-term growth for Ethereum up to the top of daily ascending channel. However, predicting the future behavior of Ethereum's price with high accuracy is a very complex and difficult task. Nevertheless, based on the analysis you provided, it can be...

Nikraftar_Mahdi

In my opinion it appears that there are two potential scenarios for Bitcoin (BTC) within an ascending channel, which may result in a price movement towards the channel's upper boundary