This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section LRC Diametric seems to be complete. By maintaining the green range, it can move towards the targets. Closing a candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital...
Cardano has completed a large symmetric weekly. The movement after this pattern was important for us, with this sharp movement it was confirmed that we are not facing an X wave, but a large bullish branch is forming. After hitting the supply area and correction for several weeks, we expect a strong bull run from Cardano above ATH!
It is expected that the current upward wave will end at the current resistance levels and we will see the beginning of the correction process. If the index crosses the level of 78.6%, the continuation of the upward trend is likely. It is expected to continue the upward trend after the correction wave.
The price is expected to fluctuate between two resistance and support ranges. Then, according to the failure of the desired range, the continuation of the movement process will be according to the same direction. As long as the price is above the green support zone, the continuation of the upward trend is likely.
Due to the breaking of the support trend line and penetration at the level of 88.6%, a warning about the downward trend has been created. On the other hand, according to the price reaction and the recent upward wave, the triangle pattern is expected to form according to the specified path. If the level of 161.8% is broken, the continuation of the upward trend is likely
It is expected that the price will fluctuate above the green support area and then the beginning of an uptrend will be formed. Then it is expected that a trend change will be formed within the range of resistance levels and we will see the beginning of the downward trend.
After the recent bullish wave, the corrective trend is expected to advance to the indicated support levels. Then it is expected that a trend change will take place and we will witness the beginning of an upward trend. Crossing the green resistance range and the resistance trend line will confirm the upward trend
According to the recent downward wave, the behavior of the index in the range of 88.6%, it is expected that a trend change will take place and we will witness the beginning of an upward trend. Otherwise, it will be possible to continue the downward trend up to the specified support range, and in this case, the downward trend will continue.
It is expected that before the price crosses the green resistance range, the continuation of the downward trend will be formed according to the specified paths. Then, according to the behavior of the price at the level of 78.6% and 88.6%, the continuation of the movement process will be determined.
It is expected that the price will fluctuate in the current support range and after the completion of the corrective pattern, the beginning of the upward trend will be formed. If the price crosses the trend line and the resistance range, the confirmation of the upward trend will be.
NVIDIA is a clear sell at this stage. at the brink of a significant timely price correction.
A correction is expected to form up to the specified support area, then there is a possibility of a trend reversal and a continuation of the upward trend is likely. If the index corrects up to the green support range, the correction process will continue and more time will be lost. If the strong green range is broken, it will cause a downward trend.
According to the structure of the waves, the continuation of the upward trend is possible. Therefore, the specified resistance ranges will be available as targets for the current uptrend. Further, according to the behavior of the price in these ranges, the continuation of the movement process will be determined.
It is expected that the price will fluctuate in the current support range and after the completion of the corrective pattern, we will see the beginning of the upward trend. If the price crosses the green support range, it will be possible to continue the corrective process up to the support levels as well as the support trend line. If the price crosses the support...
It is expected that after the completion of the current upward trend, the continuation of the corrective trend will be formed and we will witness a loss of time in the specified support ranges. Then, the uptrend is expected to start after the corrective pattern is completed. If the corrective waves are fast and strong, it is also possible to continue the downward...
Considering the behavior of the price in the current resistance range, it is expected to continue the downward trend. If the price crosses the resistance range and stabilizes, the continuation of the downward trend will be canceled and after some fluctuation, the continuation of the upward trend will be formed.