$ETH Pullback to $2630 Support?CRYPTOCAP:ETH has a great week pushing through resistance and making new local highs after testing the daily 200EMA and daily pivot as support.
Price is likely to retest the swing high and previous resistance as support around $2600-2700, also the .382 Fibonacci retracement.
RSI is printing daily bearish divergence in overbought from the wave (3) top to current as it did at the wave (5) top seeing large rejection. The retest of $2600 would reset RSI.
Price is ultimately set to test $3600 as the next resistance if the Elliot wave count is correct.
Analysis is invalidated below $2050
Safe trading
ALTS
Long GODS - Target 17 Cents - 1:3 RRRTrading Fam,
As I continue to gain experience with my AI-created indicator, I am learning to remain patient and wait for the perfect setups. We have one here on GODS. You can see that we've returned to the bottom of a larger triangle and are using it as support. Additionally, we are within a favorable liquidity block where buyers tend to accelerate the volume. My indicator gave the BUY signal 2 weeks ago, and there has been plenty of sideways accumulation since the signal flashed. Probability suggest that GODS will pump soon.
I'll be targeting 17 cents with a SL at 10 for a 1:3 RRR.
Let's go!
Stew
Balla is still Bullish on BITCOIN. Cup & Handle pattern. The trend is still our friend.
I still see bullish developments in the price action.
We must have patience.
Dips still must be bought.
The plan hasn't changed.
We still aiming for that time period of 9 -15 months post #BTC Halving.
We are only one month down :)
DOGE | Gearing up For a BIG MOVEDoge is looking mighty bullish after establishing a clear bottom.
Together with confirmation from BTC, we can safely say that altseason is yet ahead of us. BTC's recent increase show that the bullish impulse is still upon us. And after ETH increases, the rest of the altcoin market will follow suit as per usual.
DOGE is bullish because:
✅ Clear bottom
✅ Higher lows, daily looking to reclaim the moving averages:
✅ Altseason upon us after ETH increase
Ultimately, we need to wait for confirmation - if THIS major resistance zone is cleared (in other words if daily candles close ABOVE this zone) then we're full bull mode.
________________
BINANCE:DOGEUSDT
Very similar to January 2016You are looking at the Crypto Total Market Cap Excluding the Top 10 cryptocurrencies (OTHERS.D) on a weekly timeframe. This chart is often used as an "Altcoin Index" to gauge the strength of the broader cryptocurrency market beyond the major players like Bitcoin and Ethereum.
Here's my observation about being in a period similar to January 2016.
The technical analysis on this chart is built around a few key concepts:
1. Long-Term Ascending Channel: The dominant feature is a large parallel ascending channel that has contained the altcoin market cap's movements since 2015. The upper line has acted as a resistance level during bull market peaks, and the lower line has served as a major support level during bear market bottoms.
2. Historical Fractal (The "January 2016" Idea): My idea centers on a historical comparison, or a "fractal."
- The first white arrow points to a period in late 2016. At this time, the altcoin market cap found a bottom right on the support line of the ascending channel. This bottoming phase preceded the explosive 2017 bull run.
- The second white arrow points to a projected time in late 2025 / early 2026. The chart suggests that the market is currently in a similar bottoming pattern near the same long-term support line.
3. Falling Wedge: I've drawn a large falling wedge pattern starting from the peak in late 2021. This is typically a bullish reversal pattern, suggesting that the long downtrend could be nearing its end. The price is currently interacting with the apex of this wedge, a critical decision point.
4. Price Projection: The orange and blue bar patterns are copies of the price action that followed the 2016-2017 bottom. By pasting this fractal to the current time, the chart visualizes a potential future where history rhymes, leading to a massive new bull market for altcoins extending into 2027 until the end of the roaring 20s.
The Bullish Case (According to the Chart)
The argument presented by this analysis is clear:
• The altcoin market is at a historically strong support level (the bottom of the ~10-year channel).
• This is the same support level that kicked off the massive 2017 bull market.
• The market is consolidating within a falling wedge, which has a higher probability of breaking to the upside.
If this analysis holds true, the current period could be seen as a significant accumulation zone before the next major market expansion, much like the period around January 2016 was.
Important Considerations and Risks
While this is a compelling technical setup, it's crucial to maintain a balanced perspective. Here are some factors to consider:
• Past Performance is Not a Guarantee: This is the most important principle in financial markets. While historical patterns can provide valuable insight, they do not guarantee future results.
• Market Dynamics Have Changed: The cryptocurrency market of 2025 is fundamentally different from that of 2016.
• Maturity and Size: The market is significantly larger and includes substantial institutional investment, which can alter market behavior and volatility.
• Macroeconomic Factors: Global economic conditions, such as interest rates and inflation, now have a much stronger influence on the crypto market than they did in its earlier days.
• Regulatory Environment: Increased global regulatory scrutiny can introduce uncertainty and risks that were not present in the 2016-2017 cycle.
• Subjectivity of Technical Analysis: The trendlines and patterns are drawn based on an analyst's interpretation. Another analyst might draw them slightly differently, leading to a different conclusion.
Conclusion
The idea that "we're in January 2016 all over again" is a valid interpretation based on the technical patterns in this chart. The analysis points to the altcoin market being at a critical long-term support level, similar to the setup that preceded a major historical bull run.
This chart lays out a clear bullish roadmap. However, everyone should treat it as a potential scenario, not a certainty. I'll continue to monitor if the price respects these historical levels so that you guys are mindful of the broader market and macroeconomic factors that could influence the outcome.
Disclaimer: This analysis is for informational purposes only and is based on the technical analysis presented in the user-provided image. It should not be construed as financial advice. All investment decisions carry risk, and you should conduct your own research.
Altcoins Rise Again – Off to 1.07T and 1.51T?🌊🚀 Total Market Cap (excluding BTC & ETH) is showing strength again, pushing off support and heading back into the heart of the channel.
💥 The bullish structure has been respected beautifully:
✅ Double bottom near channel base
✅ Clean bounce and new higher low
✅ Momentum building on macro trend
📈 As long as this channel holds, we're eyeing the next targets:
🔹 Mid-channel target: $1.07 Trillion
🔹 Channel top extension: $1.51 Trillion
From the "Escape" back in late 2023 to the clean retest — it’s now about confirmation and continuation.
This could be the altseason move everyone forgot about...
🛑 Long bias stays intact as long as the bottom channel support is respected.
Time to respect structure over noise.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Bitcoin Dominance Rebounds – Bad News for Altcoins??📊⚠️ Bitcoin Dominance Rebounds – Bad News for Altcoins? 🧨💣
Today’s chart says it clearly: Bitcoin Dominance is bouncing off support at the edge of its ascending channel. This rebound zone around 64.58–64.64% has been critical — and the move up confirms it’s holding… for now.
❗ With Bitcoin itself facing heavy resistance, this dominance bounce is not good news for altcoins. In fact, it's a classic setup for capital rotating into BTC and out of alts — not the other way around.
📌 Chart Breakdown:
Biggest alt bull runs have started when BTC.D failed here — not when it rebounded
Breakout above 71.3% = serious risk of altcoin extinction
Breakdown below 62.3% = green light for altseason
🧠 As I’ve written on the chart: the END of alts comes not just from price — but from meme culture, utility decay, and market maker manipulation. That zone? 97% BTC.D. We’re not there, but we’re not heading toward freedom yet either.
🎥 Want to see how this fits into the full market picture? Watch the July 10th macro update:
👉 July 10th Market Outlook – Uncharted Waters, Uncertain Momentum
The market’s pressure is rising.
No good news from BTC.D today.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
#OTHERS.D ~ Do you believe in Castles in the SKY?I believe that the Others dominance metric divided by an ounce of real money #Gold gives us a valuable insight into the fabled altseasons.
Because as this chart shows theres only been 4 in actuality
and you normal get a double bubble in a cycle.
So I believe we are at the cusp of turning things around as most people have given up on the concept of altcoins ever pumping again.
But it was just the business cycle #PMI that has depressed prices for the past few years.
True altcoin-to-BTC strength indicator(CRYPTOCAP:TOTAL3-CRYPTOCAP:STABLE.C)/CRYPTOCAP:BTC
This formula strips out the noise and gives a true altcoin-to-BTC strength indicator.
STABLE.C removes all major stable coins (USDT, USDC, DAI, etc.).
The chart clearly shows previous capitulation zones and launch points for altseasons since 2017
Current formation – potential triangle:
Market makers appear to be coiling price action, forming a triangle-like structure.
This often precedes a volatile breakout — likely to the upside if history repeats.
Market psychology:
Many traders are already heavily positioned in altcoins, which suggests we could be nearing final capitulation.
Historically, altseasons never began with euphoria — but rather fear, exhaustion, and apathy.
BTC halving occurred in April 2024, and typically, the peak of the altseason follows 12 to 16 months later.
The seasonal strength of Q4, often fuels altcoin rallies.
!!! A final washout into a key support zone (on this ratio) could mark the trigger for the next major altseason — possibly starting around August 2025 !!!!!!!!
JUP Main trend. Channel. Wedge. Double bottom. 06 07 2025Logarithm. Time frame 3 days. Decline from the maximum -84% (this is not enough), but given the capitalization of 59th place, if the market is positive in the near future, then it is quite possible to reverse this cryptocurrency through a double bottom.
All long-term consolidation above with high volatility is the distribution of ladies and gentlemen. Also study the vesting of this cryptocurrency. There are less than half of the tokens on the market, and there are also pauses for 1 year, which is good.
Jupiter (JUP) is a key player in the decentralized finance (DeFi) space, especially in the Solana blockchain.
Main trend is downward. Descending channel.
Secondary trend is downward. Descending wedge.
Local trend is sideways. Potential double bottom in case of a breakout.
The price will move in the corridors of this descending channel from the dynamic lines of its support/resistance. Remember this and use it in your trading strategy, observing money management.
Local breakout zone
Understand where the zones are cheap, and where, on the contrary, the zones are expensive. If you work (tear out movements, there should be short-term or conditionally medium-term transactions, with very mundane goals) conditionally in expensive zones, then limit losses. Do not let yourself be fooled by news noise and the opinions of the majority.
Altcoins Near Key Support, Possible -20% Drop before reversal ?Sharing my analysis on the altcoin market cap (excluding BTC, ETH, and stablecoins) compared to BTC over the past 10 years
I have marked important zones (yellow circles) where altcoins have historically bounced after strong corrections.
Current Outlook:
- I expect a possible -20% more downside, bringing it near 0.22, which aligns with a key historical support zone.
- This level has acted as a strong base multiple times, in 2018, 2020 and 2021
What I’m Watching:
- If price reaches that zone and holds, it could signal the start of the next altseason.
- Past patterns show similar moves before big reversals.
- However confirmation through volume and market sentiment is important before making any move
Final Note:
Not financial advice, just sharing what I see on the chart. If the ratio hits 0.22 and shows strength, it could be a key level to watch. Thanks
$AAVE Going Through a Major Bullish Trend Shift!CRYPTOCAP:AAVE continues to outperform on pumps and retracements this cycle after being beaten down for many years!
Price consolidated below the weekly pivot and found support, only retracing to the .618 Fibs.
Wave 3 of iii pf a new Elliot Motif Wave looks well underway with the next price target being the R1 weekly pivot High Volume Node at $448.
Long term outlooks is very bullish for AAVE with a terminal target of the R5 weekly pivot £1155
Safe trading
$ETH Wave 3 of 3 Underway?CRYPTOCAP:ETH is back into the range EQ as alt coins pump on the back of CRYPTOCAP:BTC breakout
Price caught a strong bid after testing quadruple support: the major High Volume Node (HVN), daily 200EMA, 0.5 Fibonacci Retracement and daily S1 Pivot. Last week I posted about this area holding to kick off wave 3.
There is still work to do to overcome the recent swing high at HVN major resistance but things are certainly looking bullish. The daily pivot point sits at $3150 as the next target.
Long term terminal target for wave 3 is still the R4 daily pivot at $7340, I don't expect the terminal wave 5 to extend much beyond this, perhaps a wick above to trap retail at the top with a lot of media hype attached.
Analysis is invalidated if we fall below wave (2) swing low $2050.
Safe trading
MEW Main Trend. Memcoin. 2025 07 02Logarithm. Time frame 3 days.
Cat in a dogs world (MEW)
X -133 thousand subscribers (this is not enough).
Reduction from the maximum -87%. For such assets, this is not enough.
I imposed a descending channel on the chart (current descending trend of the main trend), and a horizontal one, if by some miracle this local Ross hook is broken upwards (not forming a local head and shoulders), not only to the resistance of the secondary trend (red line), but to break through it. Percentages to key zones of support/resistance levels are shown for clarity.
After the downward trend is broken, such "psychological-fundamental" assets are usually pumped up by +800-1000% from the minimums or more. Low liquidity, and the contingent of people who subscribe to these projects, allows this to be done easily at the right time: "the hamster is not scared". After pumping — a slow death, with pumps an order of magnitude smaller. Therefore, do not forget to sell in the alt season.
When working with such cryptocurrencies by liquidity, observe money management, use partial entry or on a breakout. Do not use margin leverage, as there may be snot in any direction for a large percentage, which will lead to liquidation "out of the blue".
SOL Ready To Breakout?SOL had a decent move this weekend overcoming descending resistance and now testing as support.
Price appears to have a completed a wave (2) at the .618 Fibonacci retracement and S1 daily pivot and a larger degree wave 2 at the channel bottom, High Volume Node support and .618 Fibonacci retracement.
If a wave (3) of 3 is underway then we should expect a strong move sooner rather than later with an initial target of the swing high resistance a/ R2 daily pivot $208-$216 range
Safe trading.
AAVE Ready For New Highs?AAVE is breaking out of its descending trendline after several tests as resistance.
Wave 2 appears complete at quadruple support: Daily 200EMA, daily pivot, .382 Fibonacci retracement and High Volume Node (HVN). If an Elliot Wave (3) of 3 is underway, price should move strongly sooner rather than later with extended price action.
The next major resistance and partial take profit is at the December swing high range $460.
Analysis is invalidated below $210.
Safe trading
SPA - Next Alt to MOON ??SPA is an altcoin that could make great increases in the near future.
Even though it's currently still trading under the moving averages in the Daily, once it turns there is good upside potential for this alt.
On the bright side, we observe higher lows for SPA:
One should also consider that this may be as good as it gets in terms of a low after the big dip, because a 47% correction is quite something:
IF that diagonal trendline of higher lows doesn't hold, I'd look at these zones next even if just for a wick:
And from here, we can really start to see BIG increases, IF you have the patience:
________________________
COINBASE:SPAUSD
AEVO Main Trend DEX L2 Listing 212 X !) Decrease -98% 06 25Logarithm. Term 3 days.
Asset super hype in the past, listing with overly positive and aggressive marketing at 212X!
1️⃣Q1 2023 Private Seed $0.0185 / $1.85 million
2️⃣10 05 2023 Private Series A $0.13 / $6.01 million
3️⃣Q4 2023 Private Series A+ $0.25 / $8.75 million
4️⃣13 03 2024 Listing on the Binance exchange on the day of the secondary market trend reversal (I missed it, and it happens).
26 06 2025 now -98% decline after listing, which is 4.2X from the last prices of scammers, who gradually distributed, maintaining liquidity and the news background all this time their huge profit. Most of the coins are redistributed. You can think about collecting in this sideways, on a breakout of a local wedge (local trend), or on a breakout of a descending channel (reversal of the main trend).
Those who are far from trading can buy in equal parts (3 parts). From the position of the main trend and potential, the prices are now acceptable (you can buy the first part), so to speak (former "hype investors" are in wild horror).
Exit zones will be zones of previous consolidation, that is, those who previously bought on the hype will not be able to make a profit. In fact, it is always like this ... There are no “passengers”, then they will pump up well. As a rule, +800-1000% such assets of the previous excitement and such liquidity.
Local reversal zone.
What Is The Market Waiting For?Good Morning Trading Fam,
Our stock and crypto markets seem to have stalled. You may be wondering what they are waiting for. Quite simply, the S&P 500 has reached a double-top. That's all. There may be some more pause here for the next week or so. Barring any significant bearish geopolitical or other events, I expect us to move higher. Any FUD at all will send the market back down again. So yes, unfortunately, the next move(s) will be mostly predicated on news. Traders are rather fragile rn. Trade accordingly.
Best,
Stew
Mr. Rusell (Small Cap index) & Altseason go hand in hand. That's right it does.
Why?
Because small businesses employ nearly half of the workforce of the United States.
So when financial conditions exist for confidence to grow at this level of the economy expressed via hiring and expansion of said businesses the ripple effects are huge.
Which can be seen during Altcoin boom's (banana zones)
This cycle especially as one whole Bitcoin is out of reach for the common man. When Retail hot money does return to crypto expect small cap low numerical valued coins to really start outperforming BTC