salar_trader

In h1 time frame the price is indecision phase which makes traders more careful to take position in market. Support area is obvious.

h4/sup/toward res/ see the phenomenon. ok? whats ur idea?

Lets check the 0.4 basis of Dogecoin and estimate the upward possible movement of price with demand accumulation .

What is your prediction around SOLUSDT? Will it be possible to observe upward price action or the game will change to the desperate situation?

Here are presumptions: 1- Running flat 2-Zigzag 3-Zigzag 4-Running flat

Based on wave analysis of this weekly chart, a correction is more likely outcome of market sentiment. Hence, we can assume these two corrective patterns in an ascending channel. On the other hand, the impulse wave could be named as wave A by itself, the corrections as B wave, and the new wave C which is not be shaped already.

Down trend is expected with high and stable interest rate.

Typically U.S reports are important factors which affect markets even crypto currencies. Therefore, maybe 40020 is the most important support level.

In fact weekly trend is assumed as a triangle but price volatility depends on FED decisions.

In h1 frame its obvious that bullish channel is incomplete. Results including low inflation rate will be compatible with bullish movement otherwise price may decrease in a corrective wave. You can also use mathematics for example probability of up and down prices which is also useful in options.