AmirAli4bdi

After the growth of Sharpie, which entered a channel and after its breakdown, it formed a trading range.According to the failure of the trading range by Candle Gap, it seems that this currency was able to find its new direction, but for now, there should be no rush to leave the historical ceiling that it tried for the second time and failed to break. Third, try and if it fails, we have the confirmation signal to enter, otherwise, it is better to enter cautiously at the support points.As I have drawn in the chart, this upward trend consists of two LEGs, both of which have been completed. I do not expect further growth at the moment, and it seems that we should look for the formation of a channel so that the remaining buyers can enter.

Considering the bounce off last week's price average support and the presence of two downward gaps indicating a continuation pattern, it seems that today the downward trend persists, and I am with the sellers. This is a daily perspective, and it's better to join the sellers in the 5-minute timeframe, considering market conditions, along with capital management and other factors.

I hope you have a good trading week too. I'm sharing an analysis to provide an overall perspective on market conditions and potential trading opportunities for the upcoming week. Your feedback on my analysis is crucial for its improvement, so let's interact and collaborate.In the daily timeframe, we've witnessed the formation of two strong upward legs with significant momentum, and now we anticipate a corrective move that has been ongoing for about 32 days. Considering today's unsuccessful attempt by prices to break a new high and the formation of a sticky candle pattern, I expect a price correction towards the support levels indicated on the chart.I've extended last week's weekly candle in both directions to show my price targets and strong resistance or support levels. If the price pattern stabilizes and we see a decline tomorrow, it confirms further downward movement for me. However, I'll refrain from making a definite decision until last week's price low is broken. Even though the market trend is mostly downward, I'm leaning more towards selling.I'll try to share a daily analysis for gold on a 30-minute timeframe with you this week.

This is an update on the previous analysis of toncoin. Given the breakdown in the trendline, as expected in the market cycle, we are entering the final phase of the previous trend, which is a consolidation range. At the upper level of this range, we see a collision, and at the lower end, we have several collisions indicating unsuccessful selling efforts. Friends advise me to set a trading target, but I am only providing you with a perspective on the market because many factors influence a successful trade, including both individual conditions and your timeframe for trading. However, for now, my trading style personally suits trading within the range I've outlined. I'm waiting for the formation of a new trend for this currency. With the successful breakdown of this box, considering the type of candle and the direction formation, my trading style has changed. However, given the nature of the market and the news behind this currency, along with the technical analysis I'm conducting on this currency, I am still bullish, and the conditions for my violation are the formation of a new low in the four-hour timeframe.

"We were within a trading range that broke with a momentum move upwards, completing the second leg of the uptrend before the trading range and is now nearing its historical ceiling. We believe we have an upward trend line where, in terms of time analysis, the distance between the lows is significant, indicating the intensity of the trend. The rest of the details are apparent in the chart. Profitable trading!"

I've set up a trading setup for gold and I'm sharing my expectations for its next moves with you for short-term perspective and trades this week on its chart. As I mentioned in previous analyses, we're in a confined trading range, which was expected after the sharp movements in gold in recent weeks.We're still within a trading range and waiting for a move to form a new trend.I've identified this range on the chart for decision-making in trading, which is visible.

I don't know why I didn't share my Ethereum analysis earlier, but it's not a problem. I'm sharing it now with some modifications for you. I conducted this analysis in a multi-timeframe manner because the chart isn't clear. First, I analyzed the four-hour timeframe, as shown in the image. We're in a descending channel, but what caught my interest is a bullish trend of about 280 candles within this channel. However, the lifespan of this channel is approximately 320 candles, which is significantly long compared to the bullish trend, indicating its potential impact on the ongoing uptrend. However, in a lower timeframe within this descending trend, we have a neutral trend (Range Trading). As indicated on the full chart, we have four touches at the top of the range, where the price failed to break out, followed by a sharp and volatile decline, suggesting a bearish inclination. Conversely, we have three touches at the bottom of the range, with the distance between the third touch and the second one being greater, indicating, with temporal analysis, the inability of buyers to push the price higher. It seems that sellers have more power than buyers, partly due to the descending channel in the higher timeframe. I've marked a minor resistance and support on the chart, which are good entry points for trading in the 15-minute timeframe. Overall, this analysis reflects my personal opinion and aims to enhance your market insight, with no specific recommendations for buying or selling. May it be profitable for you!

In our daily timeframe, we're witnessing a break of the trend line number two and a return of the price to the trend line. It seems like the price is attempting to establish a new ceiling in the trading range. I see three short-term resistances ahead in the price path, visible on the chart.

This is an update to the previous Bitcoin analysis.I just tweaked trendline number two a bit here.It looks like we are still in a bearish market and prices tend to fall though.Therefore, I continue to move up and down according to the price range. If we lose the support of $60,000 with a suitable candle, we expect a drop to $53,000, and if we lose the support, we expect to reach the $44,000 range.If the trend line number two is broken and we have a proper confirmation, I predict a rise to the resistance of $74,000, and if the resistance is broken, it will rise to the $90,000 range. However, forecasting in technical analysis is not the right thing and there are many factors that influence the formation of the trend.Be successful and profitable.

This is an update to a previous gold analysis.According to the news of the previous day, the interest rate of American gold has reacted well and we continue based on the previous analysis.We have a return to the trendline breakout area and it looks like we will continue to fall if we lose the support area up to $2,242.