melikatrader94

Hello guys! Pattern Formation: HYPE has completed a head and shoulders pattern, signaling a bullish reversal after the recent downtrend. Trend Structure: At the same time, the price is moving within an ascending channel, confirming higher lows and higher highs, which strengthens the bullish case. Target: The measured move from the pattern points toward $52.30, aligning with the channel’s upper boundary. Risk Factor: If price breaks below the channel’s lower trendline, the bullish outlook would weaken and the setup could be invalidated.

Hi guys! Bullish Divergence Bitcoin has recently formed a bullish divergence, which signals that selling pressure is weakening and buyers are stepping in. Double Bottom Formation A double bottom pattern is clearly visible, but the critical neckline resistance around $118,163 hasn’t been broken yet. This area is the key confirmation level. Potential Breakout Thanks to the bullish divergence, there’s a strong possibility that BTC will break above this neckline in the coming sessions. Long Position Strategy The safest long entry would be after the neckline breakout and a small pullback (correction) to confirm support. This reduces the risk of a false breakout. Target Projection If confirmed, the double bottom pattern projects a target around $124,600, offering a solid upside potential from the current levels. Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.

Hi guys! I’m watching TRON/USDT on the 1-hour chart, and we’re nearing the end of a compression phase (highlighted in the chart). The price has been consolidating, and I believe a breakout could happen soon. What stands out to me is the Head and Shoulders pattern forming . I’ve marked the Left Shoulder, Head, and Right Shoulder on the chart. If the price breaks the neckline, I’m expecting a bullish move to follow (around 0.3466 ). I’m also keeping an eye on the descending trendline. If the price breaks above this trendline, it could strengthen the case for an upward move. In short, if the price breaks the neckline and the trendline, I’m expecting a bullish move to around 0.3466. If these breaks happen, I’ll be watching for further upside potential.

Hello guys! The chart is shaping into a classic three-drives pattern. We already saw the first drive and the second drive, complete with similar extensions. Now, the market seems to be setting up for the third drive lower, which could push the price into the 0.000110 – 0.000115 area. If this structure works out, that zone may provide a potential reaction or reversal point. For now, momentum remains bearish until the third leg completes. Plan: Bearish bias short-term, looking for the next drive to the downside.

Hello guys! The chart is shaping into a classic three-drives pattern. We already saw the first drive and the second drive, complete with similar extensions. Now, the market seems to be setting up for the third drive lower, which could push the price into the 0.000110 – 0.000115 area. If this structure works out, that zone may provide a potential reaction or reversal point. For now, momentum remains bearish until the third leg completes. 📌 Plan: Bearish bias short-term, looking for the next drive to the downside.

Hi guys! Ethereum is currently showing weakness after failing to break higher. The price is likely to retest the MPL zone around $3727, which also aligns with the long-term ascending trendline, making it a strong confluence support. The pink area highlights a potential demand zone where buyers may step in. If the market confirms bullish signals in this area, a long position toward the descending trendline resistance could be considered. However, extra confirmations are recommended before entering long. Summary: Short-term target for shorts: $3727 (MPL plus trendline support). Watch the pink zone for potential long entries, but wait for confirmation. Let's see what will happen!

Hello guys! Bitcoin is once again at a critical stage, and the chart is giving us a clear roadmap for the next move. Let’s break it down: Current Setup Price is holding above $108K–109K and has shown strength around the $103K support zone. The structure remains bullish as long as BTC trades above $100K. Strategy 1- Entry zones for buying: Current market price (~$109K) Support zone around $103K (a good second chance for buyers). 2- Stop-loss: Around $99K, just below the psychological and structural support of $100K. 3- Target: Upside potential points toward $138K , which aligns with the next major resistance zone. ⚠️ Risk Factor If BTC breaks below $100K, the bullish phase ends, and we should expect a bearish shift in momentum. In that case, caution and defensive trading will be the smarter play. 📌 Conclusion For now, the play is simple: 👉 Stay bullish and buy dips while BTC is above $100K. 👉 Watch the $103K zone for re-entries. 👉 Protect your capital with a $99K stop-loss. 👉 Aim high-> the next big target sits around $138K.

Hello guys! Let's analyze Gold! 🔸 Current Market Structure Price is consolidating inside a symmetrical triangle after a strong bullish run. Momentum remains positive, but sellers are defending the upper trendline. Key short-term support is around 3,720 – 3,710 zone. 🔺 Bullish Scenario (More Probable) If price breaks above the triangle resistance, we could see continuation toward 3,770 – 3,790 levels. Structure favors buyers as long as price holds above 3,720. 🔻 Bearish Scenario (Alternative) If the price loses the 3,710 support zone, sellers may take control. Downside targets: First support: 3,690 – 3,680 zone Key target: 3,676 area 🔹 Conclusion More probable scenario: A bullish breakout continuation. Risk to watch: If the support fails, the price could quickly revisit 3,676. Best approach: Wait for a confirmed breakout before entering. Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.

Hello guys! Trend Structure: The price was moving in a clear ascending channel, but recently broke down below the lower boundary with strong bearish momentum. This confirms a structural shift from bullish to bearish sentiment. Current Price Action: After the breakdown, BTC attempted a relief rally but is now struggling around the 112,682 – 113,581 resistance zone (marked in blue). This area was previously support inside the channel and is now acting as resistance (role reversal). Scenarios (Entries): Rejection at 112,682 zone: If BTC fails to break above this resistance, sellers could step in and push the price lower. A clean rejection here would open the way toward 109,884 (next major support). Deeper pullback to 113,581: If bulls manage to push higher, the 113,581 level becomes the last line of resistance. A rejection here would be a high-probability short entry, also targeting 109,884. Target Zone: Both rejection scenarios point to 109,884 as the key downside target. A break below that level would increase bearish momentum toward 108,000 and possibly lower.

Hello guys! Pattern: obvious Head & Shoulders on the 4-hour. The neckline was taken out by a large bearish candle, which is a good confirmation of the breakdown. Retest: price is testing the broken neckline/supply zone (blue box). The current action is a classic retest → if it gets rejected here again, probability favors more downside. Target: the measured move projects into the red box; roughly ~$3,850 (range $3.7k–$3.9k depending on where you measure the neckline/head). This level also lines up with the last major resistance zone, so it’s a natural magnet. Momentum: RSI showed divergence around the head and has dropped into oversold territory with a small relief bounce. Invalidation: a clean, sustained reclaim and close back above the blue supply zone (above ~4.32–4.40k with conviction) would invalidate the immediate H&S bearish thesis and open the door for a deeper retrace. ----------------------- A simple trade idea: Short on a failed retest of the blue box (4.20–4.32k) after a bearish price candle. Stop: just above the supply zone / last swing high. Targets: scale profits into 3.9k then 3.8k (final target ~3.7–3.9k). Trail if price action turns constructive. Manage risk: keep position sizing sensible.