melikatrader94

Hello guys!Ethereum has formed a textbook inverse head and shoulders pattern on the 15-minute timeframe and just confirmed a breakout above the neckline. This bullish reversal formation comes after a sharp downtrend, signaling a potential shift in short-term momentum.📌 Breakout Level: ~$2,645🎯 Potential Target: ~$2,730–$2,750 based on the pattern height🟦 Retest Zone: ~$2,620–$2,640 We’re currently seeing a healthy breakout followed by a possible retest of the neckline, which could offer a solid entry for continuation toward the upper boundary of the channel.If bulls hold this structure, ETH could accelerate higher in the coming sessions.

Hello guys!Bitcoin continues to respect the bullish structure within its ascending channel, and we just got a clean breakout from a textbook bull flag.After a solid move higher earlier this month, BTC cooled off inside a tight flag pattern, consolidating above $106K. That pullback helped reset momentum, and now we’ve broken out with conviction.You can read about it here:We’re currently hovering around $ 109.8 K. A short-term retest of the breakout zone near $108K–$108.5K wouldn’t be surprising. it could even offer a great entry opportunity before the next leg up.If momentum holds, the projected target from this flag pattern lands in the $113.5K–$114K zone.watch these:Support: $107.5K–$108.5KTarget: $114KInvalidation: Break below $107KBias remains bullish unless we lose the channel structure.The blue is touched, and the long position is activated!If you enter with my analysis probably you get your first target now!

Hello guys!Ethereum has shown a strong bullish rally, breaking through a long-standing descending trendline with significant momentum. Currently, price action is consolidating above the broken trendline, which may now act as a support zone.🔹 Scenario 1 (Bullish Continuation): If ETH holds above the current range and confirms the broken trendline as support, we could see a continuation toward higher resistance levels around $3,500 and beyond.🔹 Scenario 2 (Deeper Retest): Alternatively, a pullback toward the $2,200–$2,300 area (highlighted zone) could offer a better accumulation point before the next bullish leg resumes.This setup suggests that as long as ETH remains above the key support levels, the bullish structure remains intact.

Hello guys, let's dive into Gold analysis!Gold is currently forming a bullish flag pattern, a continuation formation that typically follows a strong upward impulse (flagpole). After a sharp rally, the price consolidated within a downward channel, creating the classic flag structure.🔍 Technical Breakdown:Flagpole: The strong bullish rally in early April marks the beginning of the uptrend.Flag (Channel): Price has corrected in a downward-sloping channel, respecting both upper and lower bounds, creating a textbook flag pattern.Breakout Zone: Price is now testing the upper boundary of the flag. A confirmed breakout above this resistance would signal a continuation of the prior uptrend.🎯 Price Targets:First Target: Around $3,445, which aligns with the measured move from the breakout point.Second Target: Around $3,725, representing full flagpole projection from the breakout zone.📌 Key Levels to Watch:Breakout Confirmation: A strong 4H close above the flag’s upper boundary (~$3,260) with volume confirmation would validate the pattern._____________________________________Invalidation: A rejection from the resistance and a fall below the channel may delay the bullish scenario, potentially retesting lower support around $3,090.📊 Conclusion:This setup favors bulls, but patience is key. Traders may consider waiting for a clear breakout and retest for safer long entries, aiming for the outlined targets.

hello guys! let's review what happened in btc and what could happen!📉 1. Blue Ascending Channel Broken:Bitcoin has decisively broken below the blue ascending channel, signaling a shift in momentum from bullish to neutral/bearish.🟥 2. Red Channel Holding as Support (For Now):Despite the drop, the red ascending channel is still intact and currently acting as support. Price is consolidating right at its lower boundary.⚠️ 3. If Red Channel Breaks – Expect Strong Downward Move:A confirmed breakdown below the red channel would likely trigger a significant bearish move, potentially pushing BTC towards the 97K - $96K support zone and possibly lower.🧭 Conclusion:We’re at a decision point. If bulls fail to hold the red channel, it could open the door to deeper correction.

Hello guys!Cardano has been trading within a rising parallel channel after forming a clear Inverse Head and Shoulders pattern, triggering a bullish breakout. However, recent price action has shown signs of weakness, especially with a noticeable bearish divergence between the price and RSI.What I see:The price is approaching the lower boundary of the ascending channel.A channel breakout to the downside could lead to a deeper correction toward the $0.58–$0.62 support zone (highlighted area), which aligns with previous consolidation and the neckline of the inverse H&S.If bulls defend the channel and push price higher, a potential rally toward the $0.93 resistance level remains in play.⚠️ Keep an eye on the channel support and RSI behavior to anticipate the next move.

hello guys!BTC/USDT broke out of a symmetrical triangle on the 1H chart, signaling a bullish continuation. Price is currently around $105,471, with a projected move toward the $106,500 resistance zone. A retest of the breakout area ($104,500–$104,800) is possible before further upside.

Hello guys!Bitcoin is consolidating in a symmetrical triangle pattern near a key resistance zone after a strong uptrend within the ascending channel. The price is trading just below the triangle’s top line, indicating a potential breakout or breakdown setup.✔ Key Scenarios:👀 Scenario 1 – Bullish Breakout:If BTC breaks above the top of the triangle, we could see a sharp move upward toward the $106K resistance zone and potentially higher.This would signal trend continuation and strength in the bullish momentum.👀 Scenario 2 – Temporary Pullback (Triangle Breakdown):If BTC breaks the bottom of the triangle, the price might fall toward the $99,715 support level.This zone is also aligned with a previous consolidation and could serve as a strong demand area.A bullish reversal from this area is likely, providing another long opportunity targeting the same $106K resistance.Conclusion:Bitcoin is moving in a tightening range. A breakout from the triangle will dictate the next move. For clearer direction, traders should watch for a decisive move above or below the triangle structure.The triangle is broken from the top line!

Hello guys!Gold is currently respecting a bearish descending channel, forming clean lower highs and lows. After tapping into the supply zone around 3,285–3,295, the price is showing signs of exhaustion.Now, a potential rejection from this zone could trigger another leg down targeting the demand zone around 3,060–3,080.🧠 What I see:🔹 Bearish channel = trending lower🔹 Clean retest of supply block🔹 Price respecting midline resistance🔹 Momentum favors sellers🎯 Bearish Trade Idea (Not financial advice):Entry zone: 3,240–3,260 (on confirmation candle)TP1: 3,110TP2: 3,072 (demand zone)📐 Risk/Reward: 1:2+ potential💡 Watch for confirmation candlesticks near the supply zone for safer entries.

Hello guys!What I see:QML in Lower Time Frame:Price is currently testing a QML zone from a lower timeframe (marked in light blue).This area aligns with a significant reaction point, suggesting institutional interest.QML in Higher Time Frame:Below this lies a higher timeframe QML, acting as a secondary support.This adds confluence for a potential strong bullish rejection if the price dips further.Engulfed Level:A previously engulfed resistance level has been marked, showing where sellers lost control.Price returning toward this area with reduced momentum indicates possible accumulation.Targets Identified:Multiple target levels are projected with an ascending structure.These align with liquidity pools above recent highs, suggesting buy-side liquidity engineering.Market Structure:Current price behavior suggests the formation of higher lows and potential bullish continuation.A corrective move into the QML zone could spark a strong impulsive leg upward.