🔍 Technical analysis: Bearish Flag Pattern According to the analysis presented in the previous post, after the completion of corrective wave B, an upward wave in the form of wave 3 or C grew to the size of 1.272 fibo of the previous wave itself. - Therefore, this rising wave can be labeled as wave one. 💎 According to the structure and behavior of the three-wave...
🔍 Technical analysis: Short -running channel - The one -hour frame is moving after a modification in a short ascending channel. - In the middle of the canal and in the area of resistance density. - If it can be located above the area, it can have up to 6.25 channel ceiling and can grow with the middle of the canal to the supply area if the reaction. 💎...
🔍 Technical analysis: Movement in the descending channel - It is moving in a downward channel in the daily and 4H time frames. - It is located in the middle of the channel and within the liquidity zone. If it can be placed above the region and the middle of the channel, it can retest the ceiling of the supply range channel. - The most important resistance for an...
🔍 Technical analysis: Pullback to the broken ceiling - In the 4H, 8H time frames, it is moving in an ascending channel. - It is currently in the middle of the channel above the green support box area. If it stabilizes above this area, it can continue up to the supply area and the ceiling of the growth channel. 💎 Alternative scenario: If the green box is broken,...
🔍 Technical analysis: Corrective leg C scenario - In the weekly time frame, wave 5 continued up to the 2.618 Fibo area. -After that, it entered a combined cycle correction. According to the selling pressure candle in the supply area in time 1W, it can be considered that the upward corrective wave B has ended. - In the analysis of the previous post, the...
🔍 Technical analysis: Ascending channel & Bullish Flag -The 4H frame time is moving in an uptrend channel. - Currently, given that the channel ceiling is facing sales pressure. - In a density in the middle of the channel, a upward flag is formed. - In the event of a green box area, it can touch the specified targets. 🛑 Resistors: 0.134 - 0.146 -...
🔍 Technical analysis: Corrective wave 2 scenario According to the previous analysis, the phantom currency had an upward structure in the form of wave 3. 💎 In the daily and weekly time frame, this complex combination correction can be a response to the previous upward movement, which can be the confirmation of the wave 2 correction for the next super cycle. - In...
In time 2W, after an ascending wave and a double correction at the bottom of the channel, after successfully exiting the concentration, it is moving towards the specified targets. This upward wave is due to the structure in wave 3, whose micro waves will be presented in the next updates. But this upward move will have the ability to reach at least $0.58 and $1.2...
At 8h, it is in the trading range area, which has good reactions to the supply and demand areas. 💎 Currently, it is moving to the supply zone in an upward channel, which has faced a temporary correction after the negative reaction to the zone. But if it maintains the area of 0.00000894, it can break the supply area and continue its growth until the next supply...
In the daily and weekly time, after an upward cycle in the supply area, a complex mixed correction has been corrected to the 0.38 Fibo range of the previous wave, after which it faced demand. 🔰In the lower time, it went through a full cycle up to the green box area, which again grew up to the current area after a correction. 🔰If this wave is extended and breaks...
According to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after...
According to the analysis presented in the weekly time frame, Bitcoin registered a new ATH and is currently facing selling pressure in the lower time frame. Three movement scenarios can be considered for the next movements of Bitcoin. 🔰 The first scenario : if it is not able to break this ceiling in the weekly or daily time, it can continue its growth with a...
According to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path. 💎 First scenario: in case of the inability to penetrate and...
In the previous analysis, we saw a 50% growth. But it is currently facing selling pressure in the supply zone, which we expected to move up to the specified zone according to the survey. 💎 Now, according to the structure and behavior of the current movement, it is in wave 4 of 3. 💎 Therefore, if the demand area does not break down and in the range of...
In the daily time, the long-term survey indicated that it is in wave 3 or C. that wave C had the ability to return to 100% of its previous wave, after which it entered the corrective phase. 💎But at the moment, due to the fact that it has faced demand in the green box in the 8H time, it will have the ability to retest up to the neck line area and supply. 💎 In the...
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In the daily time, it is moving in an upward channel, which faced selling pressure after reacting to the supply zone and not being able to break the zone. 💎 Currently, according to the momentum and downward guard, after an attempt to the midline of the channel, it is continuing to correct to the bottom of the channel. 💎 According to the trading node and the...
In the weekly period, in its growth period, it went through a complete upward cycle up to the range of 0.19870, after which it entered a correction that occurred in the form of a three-wave in the weekly period of this correction. Currently, after exiting the density and a pullback to the bullish dynamic trigger, it has entered the continuation of the upward...