It seems that the price has lost the upward trend line and weakness is seen in the trend. The last bastion is the $3 range, if the price stabilizes below it, it will exit the upward trend.
According to the arrangement of slows and time correction, if the price can break its downward trend line and stabilize above 17 thousand, it can move up to 18,500 and 19,000.
The price has reached its daily support and is reacting. If it breaks its short-term trend line with strength, I will check again for a buy position.
The price near the static resistance range forms an ending pattern and decreases from the height of the impulses, and this is a sign of weakness in the trend. I expect the price to break the upward trend line and use it downwards
In my opinion, gold can rise up to 1723-1730 and then enter correction. At the same time, RSI can also give a negative divergence.
The price has been able to rise higher than the previous peak and this is one of the bullish signs. Price is likely to test the trend line, which I think can be crossed given the strength of the trend. Or continue to correct after the test and move from the $87 support area to the downtrend line.
DXY is on dynamic and static support, I give the possibility of strengthening the dollar
After completing AB=CD and upward correction, the price has reached the range of dynamic and static resistance and is forming a reverse AB=CD pattern. If the trend slows down and forms an ending pattern in PRZ, it has the potential to go back down .
If the downward momentum decreases in the form of an ending pattern, the trend is expected to return
What I have analyzed before, I see something like this from Bitcoin that the downward trend of Bitcoin will slow down to the range of 14,000 thousand and it will complete wave 5 and have an upward correction.
Gold has arrived in a downward trend and is now exactly in the PRZ of the AB=CD pattern I expect an upward correction range based on recent bullish candlesticks
After the rapid trend, ETCUSD is now in static support and the Fibonacci golden zone of 0.618, but it has undergone a sharp correction. I think it cannot break the downward trend and descend to the lower levels
The price corrected after passing the previous peak, but it went lower than the previous bottom. If this rally is a correction of the previous drop, it can be imagined that the price is close to a deeper decline.
What I expect from MATIC is to correct the previous powerful bullish step in the form of a flag pattern and repeat the previous step. Be careful in your transactions, the analysis will be updated
In the 1-hour time frame, Dogecoin is in a downward correction channel, considering the shape of the candles and the price trend, I can imagine that it can break the ceiling of the channel. In weak pullbacks, you can check for buying positions .
The static resistance of the mask, which may be the reversal zone Note that the intensity of the trend is sharp So maybe the resistance is easily broken
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If the price makes such a move, I will look for a trigger for a buy position in the lower range .