On the daily gold ounce chart, falling peaks and rising lows have begun to form. In other words, the squeeze has begun. The area we are squeezed in is roughly the 2600 - 2680 area. In this sense, we will follow 2680 carefully. Monday's checks for the 2780 downtrend began. We had come to 2530 from the lower Fibonacci channel. We came to 2680 from an upper Fibonacci channel. While Fibonaccis were support in the fall, Fibonaccis were resistance in the rise. The result; If we see the closing times that will be decisive at 2680, we will say that the ounce of gold has completed the intermediate correction of the 2570 - 2720 rise. With a closing above 2680, we will say that the rest between 2745 intermediate, 2845 main target, 2790 and 2530 is over and a new trend is starting. However, the condition of closing above 2680 is important for the cost of carrying, elimination of downside risks, perhaps protection from the risk of a new selling pressure below 2600, and for the discipline of confirmed upward transactions. The resistance at 2680 is an important doorway for this short-term correction to end and for the upward movement to begin towards 2745-2800. In other words, we will either open it and move to the 2745-2845 corridor, or we will be stuck here at the maximum risk of 2600-2530 unless 2680 is passed. As a result, if I were to say something a little more medium-term, the target is 2845 as long as it remains above 2530. But I do not have an analysis that says it will not fall to 2600 and 2530 without passing 2680.
Looking at the daily silver ounce chart, as long as it remains above 30.30-29.80, the main targets are 32.90 and 33.80. My analysis is short term. In all possible pullbacks towards 30.30-29.80, 32.90 will continue to be the main target, 34.20. This is my short term analysis. In this sense, as long as silver does not exceed 32.90, 30.30 and especially 29.80 and / or below are buying opportunities in my own technical jargon. Silver is not very volatile, in other words, since it has determined a range for itself within a shallow gap, it is very spoiled, we do not see very momentum, or enthusiastic movements.
If we look at the daily chart of Bitcoin, Bitcoin is trying to mark a region for itself. In my opinion, the technique got tired in the 92500 - 104000 region, we see this from the lower indicator. The price came up and leaned to the right, but the slope in the lower indicator is not upwards but downwards. This is actually a weakness and it means that we should not be afraid anymore but be overly cautious. If you haven't made a cost somewhere between 50000 - 90000, I think it is very questionable to make a cost without exceeding 104192. I won't say it can't be done, but I will say it is very questionable. As a result, there is a squeeze in the 104192 - 92500 band. The wick 6 days ago was also very important, the wick that went to 104000 was also very important. It has determined a band range for itself.
As long as this graph can stay above 92500, it is still in an upward discipline towards 104192 - 106800, giving warnings that the graph is weakening, that it is extremely risky when opening a new position, a new cost, and that it should be careful, underlining it in red. But my humble warning to investors is to be extremely sensitive when making a new cost unless 104192 is exceeded. Also, small, sweet warnings have started on the lower indicator. In this sense, they can also follow the 92500 level as a stop loss, profit protection zone. If 92500 is broken, there may be a risk of 83000 and then 77000.
If you look at the Ethereum weekly chart, the Fibonacci 78.6 of the 4870 - 1000 dollar decline corresponds to 4041. We have reached a significant resistance in Ethereum. I read the chart in two ways, I am explaining it for those who have a position, first, unless there is more than two hourly closings and daily closings below the 3391 - 3211 region, the needle remains above and this place can be followed with upward trading discipline. Those who do not have a position should be controlled against the risk of a pullback to 3391 - 3211 unless there is a closing above 4041. As a result, they will wait for the signal from Bitcoin in the 4041 - 3390 band. In other words, if Bitcoin stays above 92500 - 93000 and Ethereum stays above 3390 and closes above 4040, 4869 - 5923 will enter the target. 4869 will be the intermediate, and 5923 will be the main target.
If Bitcoin passes 104182 and closes above it for a few days, it will be a feeding carrot for Ethereum to pass above 4041, as it has passed an important resistance range. We can talk about 4869 - 5921 on 4041 in short, and then a process can begin where we will talk about the golden ratio 7261. But if we are always going to proceed with technique, 4041 is terribly important (Fibonacci 78.6). Ethereum will pass Bitcoin, 4041 needs to be passed in order for headlines like Ethereum started the expected excitement in news bulletins, Ethereum closed the gap with Bitcoin, Ethereum investors finally smiled. What I mean by being passed is not 1-2 hours, but more than one closure. Then Ethereum will be spoiled. It can say, "Hello, I have now fulfilled my duty."
According to the weekly chart of Solana, as long as it stays above 206, no problem. I am writing with the intention of seeing 259 again as long as it stays above 206, 327 is seen as short term, 414 is on the table as medium term targets. In my opinion, a correlation can be established for Solana to go to 259 - 327 and especially 327 and 414, such as Bitcoin passing 104192. As a result, as long as it stays or can stay above 206, technical analysis says that 259 - 327 can be short term and 414 dollars can be medium term targets for Solana again. But and attention, here is the story I want to tell today, look at Solana below $ 206 towards 163 -148.5, it will start a correction within the uptrend. When it falls to 163 - 145, maybe the uptrend here will continue. So the potential of 327 - 414 will continue, but if 206 is broken, there may be a risk of deepening the price correction towards 163 and 148. In this sense, my humble advice is that those who have a position or want to buy should react according to whether it stays above $ 206, according to Fibonacci, it seems healthy.
Ripple has come from the top of 1.97 to the gold ratio, that is, Fibonacci 1.618, from the bottom of 030 Cent. As a result, it is now under some pressure. As long as it stays above 1.97 - 1.87, since Fibonacci sees 1.618, I will not get scared and turn defensive as long as it stays above 1.97 - 1.87. But I will remain cautious between 1.97 and 2.99, that is, if I have a position, I will remain cautious. Even if I am dying to buy, I made a mistake in the multiple hourly closing or daily closing below 1.97 or 1.87, I will stop the loss. If 1.97 -1.87 is broken, the decline will continue until 1.33 - 1.20. Even though the price will spoil up to 4.60 at $3 and / or above, Ripple is over for me. The movements that will happen after this will be very scary. I am not too young anymore, I can't handle it. It will also be a little difficult to predict. It will also be seriously stressful. As the Fibonacci channels grow, the band intervals grow, the volatility and volatility increases. If you are trading the momentum there, you will buy it and press when you reach the target. If you say "Oh, how nice it is going", you will be hanging in the air like a bird. If you are pricing in spoiledness or trading spoiledness, you will definitely determine your target in advance and put your stop in advance.
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