melikatrader94

Hi guys! TRON touched the Decision Point (DP) and has been consolidating inside a descending triangle pattern. After the triangle’s support line was tested several times, the price broke below the broken ascending trendline, confirming weakness in bullish momentum. Currently, the market seems to be forming a short-term correction before continuing its downward movement. If this scenario plays out, the next potential bearish targets will be around 0.2746 and 0.2623, which also align with the target zone of the triangle pattern. As long as TRX remains below the broken structure, the overall sentiment stays bearish. A daily close above the triangle’s upper boundary would be required to invalidate this setup and shift bias back to the upside.

Hi! Zcash is currently showing a potential bullish structure following the completion of a QML (Quasimodo Level) pattern around the $220–$230 demand zone. After the previous high was engulfed, the price retraced deeply into the QML zone, forming a higher low and respecting the ascending structure highlighted by the trendline. This indicates that buyers are gradually regaining control. The recent bullish impulse from the QML zone aligns with the ascending channel, suggesting that as long as the price remains above the lower boundary, the short-term bias stays bullish. If the momentum continues, the next key resistance levels to watch are: $280–$300 → mid-channel resistance and previous supply area $340–$360 → upper boundary of the channel and extended target On the other hand, a break below $230 (QML invalidation) would signal weakness and could trigger a deeper correction toward the $190–$200 demand zone.

Hi! The price action is currently forming a symmetrical triangle pattern, marked by converging trendlines, the top line showing lower highs and the bottom line showing higher lows. At present, BTC is trading near the upper half of the pattern but has recently faced rejection from the top trendline, indicating potential bearish pressure. The highlighted setup suggests a short position targeting a move toward the bottom boundary of the triangle around $106,000–$105,500, with a stop loss near $112,300. A confirmed break below the lower trendline could accelerate bearish momentum, while a breakout above the top line would invalidate this bearish scenario and signal possible trend reversal. Bias: Bearish within the symmetrical triangle until a clear breakout occurs. Key Levels: Resistance: $112,300 Support: $106,000 / $105,500

Hi! The gold price is currently trading around $4,042, sitting just above a critical support area near $3,953.80. This gray zone is a key decision point for the next major move. Trend Structure: The broader trend remains bullish, moving within a well-defined ascending channel. Double Top Formation: A short-term double top has formed near recent highs, triggering a corrective move down into the channel’s midline and the gray support area. Critical Support Zone ($3,953.80): This level aligns with previous structure support and the channel’s bottom, making it a high-probability reaction zone. ________________ Scenario 1: Bullish Reaction (Primary Scenario) If gold holds above the gray critical area and bounces within the ascending channel, we could see a renewed bullish wave. Confirmation: A strong bullish reaction or higher low around $3,953–$3,980. Target: The green target zone around $4,619.57, corresponding to the upper channel boundary and a potential measured move from the recent correction. Scenario 2: Bearish Breakdown If the gray area fails to hold, it could signal deeper downside momentum. Trigger: A clean break and 4H close below $3,953.80. Target: The pink support zone near $3,656.01, which aligns with prior accumulation and the lower channel boundary. ________________ Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.

Hi Teams! Ethereum has recently completed a head and shoulders formation. The neckline around $3,920 was broken decisively, confirming the pattern and triggering further downside momentum. After the breakdown, the price slipped toward the lower boundary of the descending channel, finding temporary support near $3,860. A short-term corrective move is now unfolding, with ETH likely to retest the neckline zone and the upper boundary of the channel before facing renewed selling pressure. As long as Ethereum trades below $3,920–$3,940, the bearish structure remains valid. A rejection from this area could accelerate the decline toward the target of the head and shoulders pattern, which aligns with the $3,800–$3,820 support zone. However, a clear breakout above the descending trendline would invalidate this bearish outlook and could open the way for a recovery toward the $4,000–$4,050 resistance area. Levels to Watch: Resistance: $3,920 – $3,940 / $4,000 – $4,050 Support: $3,860 / $3,800 – $3,820 Bearish Target: Around $3,800 zone Outlook: Bearish while below $3,920.

Hello guys! Solana is currently stuck between the Decision Point (DP) zone and the Weekly Support area, showing hesitation in market direction. However, the recent breakdown of the ascending trendline signals a potential shift in momentum from bullish to bearish. The price now appears to be heading toward the purple demand zone around $172–$160, which acts as an important short-term support area. If the $160 level fails to hold and we see a confirmed breakdown below it, Solana could continue its decline toward the weekly support zone near $120–$130. On the other hand, if buyers defend the purple area strongly, we might see a temporary rebound before any further downside move.

Hi guys! Gold has been moving inside a clear ascending channel, respecting both its upper and lower boundaries. Recently, we saw a double top formation near the upper trendline , which triggered a corrective move down to the $4,190–$4,200 support zone, an area that has already shown strong buying interest. After the rebound from this support, the price is now aiming toward the $4,293 resistance. 👉 If the price breaks and holds above $4,293 , it’s likely to continue the bullish momentum and head toward a new higher high inside the channel. Overall, the structure remains bullish as long as the price stays above $4,190 , with the next key resistance at $4,293 being the level to watch for a potential continuation of the uptrend. Gold’s bullish bias remains supported by the ongoing geopolitical tensions, uncertainty over global interest rate paths, and softening U.S. dollar. Investors are also increasingly turning to gold as a safe-haven asset, especially amid concerns about economic slowdown and central bank gold purchases remaining strong. Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.

Hi there! Let's analyze Btc! Bitcoin is currently moving inside a clear descending channel, showing consistent lower highs and lower lows. The price is likely to continue its downward movement until it reaches the daily support area around $97,800. This zone appears to be a promising area for long-term opportunities. Still, traders should wait for strong confirmation signals before entering, as a reversal will only be valid once momentum shifts from bearish to bullish.

Hi guys! BTC has tested the same support zone eight times around the $110,000 – $110,300 range (highlighted in green). Repeated retests of a support level often signal weakening buyer strength, increasing the probability of a breakdown. If the price manages to break below this zone, the next key support lies around $106,430, which could be the next target area for bears.

Hi guys! just a quick analysis CFX is printing a clean head and shoulders setup on the 15-minute chart. The neckline sits around the 0.1100 zone, which is acting as short-term support right now. If the price breaks below that neckline with a solid candle close, it could confirm a bearish reversal. The plan would be to wait for a retest of the neckline as resistance and then look for a short entry. Trade idea: Entry: On a confirmed break and retest below 0.1100 Target: 0.1020 area (previous support) Stop: Above the right shoulder, around 0.1140 If the neckline gives way, momentum could accelerate quickly to the downside. Just make sure to wait for confirmation!