DOGE at Make-or-Break LevelsTechnical Analysis & Patterns
1. Descending Channel:
- DOGE is trapped in a downtrend with lower highs and lows. A break above $0.30 could reverse this pattern.
2. Death Cross Risk:
- The 50-day EMA is nearing a bearish crossover with the 200-day EMA, signaling potential prolonged weakness.
3. Oversold Indicators:
- RSI (28.57) and Stochastic (%K = 6.48) suggest DOGE is oversold, raising hopes for a bounce.
4. Fibonacci Targets:
- Long-term bullish scenarios project $4.10, $10.04, and even $36.32 if DOGE breaks its decade-long ascending channel.
Whale Activity & Market Sentiment
- 560M DOGE Accumulated: Whales are buying aggressively despite recent sell-offs, signaling confidence in a rebound.
- MVRV Ratio (-15.5%): DOGE is in the "opportunity zone," historically a reversal point.
- Fear & Greed Index: Neutral (51), reflecting cautious optimism.
Bullish vs. Bearish Situations
✅ Bullish Factors:
- Whale accumulation and exchange outflows ( GETTEX:13M ) hint at reduced selling pressure.
- Oversold RSI/Stochastic readings suggest a technical bounce.
- Elon Musk’s influence (e.g., integration into projects) remains a wildcard.
❌ Bearish Risks:
- Death Cross formation could trigger panic selling.
- Failure to hold $0.144 support may lead to a drop toward $0.12.
- High volatility (16.12% monthly) amplifies downside risks.
Community & Meme Appeal
Dogecoin’s loyal community and meme-driven narrative continue to fuel its relevance. Analysts highlight its potential to rally during bull markets, similar to 2021’s 15,000% surge. However, skeptics argue its lack of utility and unlimited supply cap long-term gains.
Key Takeaways
1. Make-or-Break Zone: DOGE’s price hinges on $0.144–$0.16 support. A bounce here could ignite a 25–50% rally.
2. Whale Watch: Large holders’ actions will dictate short-term momentum.
3. Elon Factor: Any endorsement or integration news could trigger volatility.
4. Technical Caution: Death Cross or breakdown below $0.12 would invalidate bullish setups.
BTCUSDT
There are unexpected profits after BTCUSD dropped sharply.Many people work hard to save money and manage their finances, but their assets continue to shrink. In fact, you have not mastered the correct asset allocation method. For example, the current price of Bitcoin is 94738, so should you short or go long now? How do you make a decision?
David believes that the current support point of Bitcoin is 94100. Combining technical indicators and basic factors, David believes that Bitcoin will bottom out and rebound.
BUY:94738
TP:9600
TP:9700
SL:94100
COINBASE:BTCUSD BITSTAMP:BTCUSD BITSTAMP:BTCUSD
BITCOIN analysis in 2H TFGiven the bearish structure, lower highs (H) and lower lows (L), and the formation of a resistance line, we can expect the price to move downward toward the demand zone.
The price may react to the demand zone.
A 4-hour candle closing above the invalidation level will invalidate this analysis.
invalidation level: 100284$
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
Bitcoin Priced in Gold Macro Resistance Rejection CorrectionBTCGOLD monthly line chart, which uses monthly close data.
Obvious long term resistance line and clear major topping pattern on the most recent maximum showing connection with the last market cycle top (both of them.)
What does it mean? It means there's useful information in the BTCGOLD chart that isn't priced in. It also means the most recent correction is a rejection at major resistance, which could indicate further downside risk.
5 Key Coins: Is There Life After Bitcoin’s Correction?On the image, we can see that from December 2024 to the current moment (February 2025), the price of BYBIT:BTCUSDT.P has decreased from about 107,673 to 96,150 dollars. In other words, roughly speaking, this is about a 10–11% correction. For Bitcoin, given its historical volatility, this is a fairly acceptable movement.
🔥 What’s important to consider with such a price change:
If we look at the chart from October 2024 (or even earlier), we can understand whether there was a prolonged rise before this (which could have required a correction), or if we are seeing a deeper downward movement.
🔥 Support and Resistance Levels
On the provided screenshot, it is noticeable that the current price is slightly below the key volume level (POC). If the price settles below it, this can become an additional signal for a continued decline.
However, if BYBIT:BTCUSDT.P returns to the POC level and breaks it from below, it is often considered a sign of a possible reversal or at least a short-term bullish rebound.
🔥 Volume Profile Indicators
POC (Point of Control) around 100,000–101,000 dollars indicates that the largest trading volumes for the entire visible period are concentrated there.
This is a level around which the price may “hover,” since historically there is a large number of trades, meaning strong interests from both buyers and sellers.
🎯 Key idea: For most of the altcoins presented in the review, the further movement depends on whether BYBIT:BTCUSDT.P holds above the nearest support and whether it can overcome the nearest resistance (the POC zone on the chart).
Below is a structured analysis of five selected coins ( BYBIT:ADAUSDT.P , BYBIT:SOLUSDT.P , BYBIT:XRPUSDT.P , BYBIT:BNBUSDT.P , BYBIT:ETHUSDT.P ) taking into account the current behavior of #Bitcoin, since it often sets the tone for the entire market.
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📉 Cardano BYBIT:ADAUSDT.P
➡️ POC on the chart: 0.9684 USD (above the current price).
➡️ Chart structure: BYBIT:ADAUSDT.P recently tested the support level around 0.80–0.88 USD.
Scenarios:
🚀 Bullish (if BYBIT:BTCUSDT.P recovers): a possible rise to the 0.95–1.00 USD zone.
If this zone is broken and the price consolidates above 1.00 USD, further growth up to 1.10–1.20 USD can be expected.
🚀 Bearish (if BYBIT:BTCUSDT.P continues to fall): a retest of 0.80–0.85 USD and, if broken, a deeper correction down to 0.70–0.75 USD.
⚡ Trading idea:
For those considering purchases, it makes sense to wait either for confirmation of a reversal in BYBIT:BTCUSDT.P or for a breakout/consolidation above 0.95–1.00 USD.
Alternatively , place limit orders around 0.80–0.85 USD, provided that BYBIT:BTCUSDT.P does not go into an even deeper correction.
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📉 Solana BYBIT:SOLUSDT.P
POC on the chart: 190.53 USD (approximately coincides with the current level).
Chart structure: After falling from 280 USD, BYBIT:SOLUSDT.P dropped to the key 18–19 USD zone. Here lies the volume level (POC), which can act as a “magnet”—the price often “moves” around the POC, and if it falls below it, the POC becomes strong resistance.
Scenarios:
🚀 Bullish: with BYBIT:BTCUSDT.P rising and BYBIT:SOLUSDT.P confidently holding above 19–20 USD, a return to 22–23 USD is possible. A breakout above 23–25 USD would be a signal for further recovery (26–28 USD and beyond).
🚀 Bearish: if BYBIT:BTCUSDT.P continues to fall, BYBIT:SOLUSDT.P could drop below 18 USD and test the 15–16 USD zone, where buyers previously showed interest.
⚡ Trading idea:
Watch the behavior in the 18–20 USD zone. A breakout upward and consolidation amid a rising BYBIT:BTCUSDT.P may provide a quick target of 22–23 USD.
In a bearish scenario, it makes sense to see how the price reacts at 15–16 USD—a possible buyback zone for medium-term positions.
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📉 XRP BYBIT:XRPUSDT.P
POC: ~0.54–0.55 USD (above the current price).
Chart structure: BYBIT:XRPUSDT.P is in a fairly wide range: resistance at 0.45–0.50 USD and support around 0.35 USD. The volumes, judging by the profile, are concentrated above current quotes, which may indicate the need for an additional impulse for growth.
Scenarios:
🚀 Bullish: with positive market movement and BYBIT:BTCUSDT.P , BYBIT:XRPUSDT.P may test 0.45–0.50 USD. If it manages to consolidate above 0.50 USD, the path to 0.55–0.60 USD opens up.
🚀 Bearish: if the correction of BYBIT:BTCUSDT.P continues, BYBIT:XRPUSDT.P may drop back to 0.35 USD, and in case of a strong market sell-off—even to around 0.30 USD.
⚡ Trading idea:
For long-term positions, many focus on the resolution of legal issues (SEC vs Ripple), so the fundamental background plays a role.
Technically, the 0.35 USD zone is of interest for purchases, as well as a breakout of 0.45–0.50 USD for aggressive trading in anticipation of a faster rise.
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📉 Binance Coin BYBIT:BNBUSDT.P
POC: ~710 USD (noticeably above the current price).
Chart structure: BYBIT:BNBUSDT.P is generally supported by the Binance ecosystem, but it also declines with the global market downturn. The chart shows several horizontal levels in the 600–650 USD range that can act as trading zones.
Scenarios:
🚀 Bullish: if the market recovers, BNB can quickly return to 650–670 USD. A breakout and consolidation above 700 USD opens the way to 730 USD and beyond.
🚀 Bearish: if BYBIT:BTCUSDT.P falls, a pullback to around 580–600 USD is possible. In the case of a strong sell-off—an even deeper move toward 550 USD.
⚡ Trading idea:
BYBIT:BNBUSDT.P often shows relative “resilience” due to its high demand on the Binance exchange (trading pairs, staking, Launchpad, etc.).
Technically, 600 USD is an interesting key support level. For a short-term long, a breakout and consolidation above 650–670 USD is needed.
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📉 Ethereum BYBIT:ETHUSDT.P
POC: around 3,100 USD (above current levels).
Chart structure: BYBIT:ETHUSDT.P is in the 2,400–2,700 USD range. For a bullish scenario, it is important to get back above 2,800 USD, which would open the potential to 3,000–3,100 USD.
Scenarios:
🚀 Bullish: if BYBIT:BTCUSDT.P grows and the news background is positive (network development, DeFi, Layer2), BYBIT:ETHUSDT.P can quickly recover to 2,800–3,000 USD.
🚀 Bearish: if BYBIT:BTCUSDT.P moves negatively—correction to 2,400 USD, and in the case of a strong sell-off—a test of 2,200 USD.
⚡ Trading idea:
BYBIT:ETHUSDT.P is closely tied to the fundamentals of the DeFi and Layer2 ecosystem, so in addition to BYBIT:BTCUSDT.P dynamics, it is important to monitor network updates and overall market sentiment.
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📢 Correlation with BYBIT:BTCUSDT.P : All of the mentioned altcoins ( BYBIT:ADAUSDT.P , BYBIT:SOLUSDT.P , BYBIT:XRPUSDT.P , BYBIT:BNBUSDT.P , BYBIT:ETHUSDT.P ) continue to closely correlate with Bitcoin’s movement. If BYBIT:BTCUSDT.P manages to hold current support and break above the nearest resistance, there is a high likelihood that the alts will bounce in unison.
📢 Volume levels: All the coins have their POC above current prices, which often means that for a confident rise, the price needs to move back above the “point of control” in the volume profile. While the price remains below the POC, there is a risk of further stagnation or decline.
📢 Support zones:
📉 BYBIT:ADAUSDT.P 0.80–0.85 USD
📉 BYBIT:SOLUSDT.P 15–16 USD
📉 BYBIT:XRPUSDT.P 0.35 USD
📉 BYBIT:BNBUSDT.P 600 USD (then 580–550 USD)
📉 BYBIT:ETHUSDT.P 2,400 USD (then 2,200 USD)
📢 Points of interest for long positions:
Breakout and consolidation above the POC or key horizontal resistances.
Testing support zones (if there are reversal signals).
📢 Risk management:
Due to high volatility, it is important to set stop-losses and consider the possibility of false breakouts. If BYBIT:BTCUSDT.P experiences a stronger decline, it is not advisable to try to “ride out” a strong downtrend in altcoins without a clear plan.
📢 In the short term, the market is in a waiting mode—monitoring whether BYBIT:BTCUSDT.P can recover and hold above the nearest resistances.
In the medium term, fundamentals (project development, legal news for BYBIT:XRPUSDT.P , updates for BYBIT:ETHUSDT.P , etc.) will play a decisive role, but without positive movement from BYBIT:BTCUSDT.P , strong growth in alts usually does not occur.
Use these levels and scenarios as guidelines for your own strategy, complementing them with fundamental analysis and news.
Good luck, friends. Follow our forecasts, leave comments, let’s stay in touch!
BTCUSDT CHART UPDATE !!The BTC/USDT chart on the 4H timeframe shows a symmetrical triangle pattern, with price action near the top. Bitcoin is currently testing the lower trendline, a key support level. A breakdown below this level could lead to a decline towards the green demand zone of around $92,000. On the other hand, if BTC manages to hold the support and bounce back, it could attempt another test of the upper resistance trendline.
A decisive breakout in either direction will confirm the next trend. Keep an eye on increased volume to validate any breakout moves.
If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters!
Thanks for your support!
DYOR. NFA
Comprehensive analysis of BitcoinAt present, the 50-day and 200-day moving averages of Bitcoin form a "golden cross", which usually indicates a medium- to long-term bullish trend.
David's suggestion to buy long is reasonable. If you like the following profits, you can buy
Buy: 95600
TP: 95700
TP: 95800
SL: 95555
If you agree with my analysis, please continue to pay attention. I will share my views for free later - (David)
If you don't know which time to trade and want to avoid risks, you can continue to pay attention BITSTAMP:BTCUSD COINBASE:BTCUSD
THEUSDT 100%-130% Gains Potential Ahead!THEUSDT is currently experiencing a strong bounce from a key support level, signaling a potential bullish reversal. This support level has acted as a significant floor for the price, and the bounce suggests that buying pressure is starting to build. The price action indicates that investors are increasingly confident in this level holding, and with good volume behind the move, the chances of the price continuing to rise are high. Traders are targeting gains in the range of 100% to 130%+, as the price moves toward the next resistance levels. This bounce from support has captured the attention of both retail and institutional investors alike, contributing to a surge in interest around this crypto pair.
The good volume accompanying this bounce is a crucial indicator of the move’s strength. In technical analysis, volume plays a key role in confirming price moves, and with the increased trading activity, it’s clear that the market is reacting positively to the support level holding. If the price continues to hold above this support zone, it sets the stage for a potential rally, as the market shifts from a period of consolidation to a more bullish trend. The projected 100% to 130%+ gain is highly achievable if this momentum continues and resistance levels are successfully breached.
Investor interest in THEUSDT is growing, with many seeing the bounce from support as an indication of the start of a new upward trend. As the price breaks through resistance levels, it could trigger further buying activity, pushing the price higher. The solid technical setup, combined with increasing volume and a positive market sentiment, creates an attractive opportunity for traders looking for high-reward setups. The growing interest in this project adds fuel to the fire, increasing the likelihood that THEUSDT will continue to gain in value.
Traders should stay vigilant and monitor the price action closely, paying attention to key levels of support and resistance. If THEUSDT can maintain its position above the support level and push through resistance, it could lead to a substantial price increase, delivering the expected gains. With the current technical indicators and strong market interest, THEUSDT is shaping up to be one of the more promising crypto pairs to watch for significant returns.
Is Bitcoin heading for an 8% drop from here?Hello and greetings to all the crypto enthusiasts, ✌
In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin , 📚💡
Given the current volume levels and Bitcoin's failure to sustain above the daily trendline and key resistance levels, there is a significant risk of a decline, potentially up to 8% or more. While we may observe brief upward movements in the form of green candles, these would likely be temporary retracements within the larger bearish trend. Several strong support levels have been lost, reinforcing the expectation of further downside. My primary target for this move is $88,000 . 📚🙌
🧨 Our team's main opinion is: 🧨
Bitcoin may drop by at least 8% due to failed support at key levels, with temporary upward moves likely before further decline, targeting $88,000. 📚✨
Give me some energy !!
✨We invest countless hours researching opportunities and crafting valuable ideas. Your support means the world to us! If you have any questions, feel free to drop them in the comment box.
Cheers, Mad Whale. 🐋
NZDJPY Bearish Flag: Retest Complete, Targeting 82.60NZDJPY is currently trading at 86.60, with a target price of 82.60, indicating a potential downward movement of 300+ pips. The pair is forming a bearish flag pattern, which typically follows a strong downtrend and is followed by a period of consolidation. This pattern suggests that after the breakout and a successful retest of the lower trendline, the price could continue its decline toward the 82.60 target.
Technically, a bearish flag is often seen as a continuation pattern, signaling that the downtrend is likely to resume after the consolidation phase. The successful retest of the breakout point confirms the market’s readiness to move lower. In this case, if NZDJPY breaks below the support level, it could accelerate the move toward the 82.60 target.
Fundamentally, the New Zealand dollar has been under pressure due to a weaker global risk appetite and softer economic data. In contrast, the Japanese yen benefits from its status as a safe-haven currency, particularly during times of market uncertainty. These fundamental factors may continue to support a bearish move for NZDJPY, especially if global market sentiment remains cautious.
In summary, the bearish flag pattern on NZDJPY suggests further downside potential, with a target of 82.60. Traders should watch for confirmation of the bearish continuation after the retest of the breakout level, as well as monitor global risk sentiment and economic data from both New Zealand and Japan.
Bitcoin can exit from triangle and then rise to 101K pointsHello traders, I want share with you my opinion about Bitcoin. Not long ago, the price reached a support level aligned with the buyer zone. It consolidated there for a while before climbing into a pennant formation. Inside the pennant, the price broke through the 95200 level and continued its rise toward the resistance level, which overlapped with the seller zone, eventually breaking through this area as well. Following that, the price advanced to the resistance line of the pennant but soon reversed direction, sharply dropping to the support line. It broke through this support, signaling an exit from the pennant pattern and surpassing the 104700 resistance level. After a minor decline, the price rebounded quickly, reaching the seller zone once more, before turning lower and forming a triangle pattern. Bitcoin slid down to the triangle's support line, then reversed and bounced upward, breaking the support level again in the process. This led to further declines, with the price eventually hitting the buyer zone. From there, it rebounded back toward the triangle’s resistance line. Currently, the price is trading close to this resistance line. In my view, Bitcoin can drop back to the support line before rebounding higher, potentially climbing to 101K points and breaking out of the triangle formation. Please share this idea with your friends and click Boost 🚀
HelenP. I Bitcoin can grow to trend line, exiting from rangeHi folks today I'm prepared for you Bitcoin analytics. Recently, the price reached a support level that coincided with the support zone, followed by a correction. After this, BTC made a strong upward move to the resistance level, which also aligned with the resistance zone, breaking the support level and eventually surpassing the 102000 mark. The price then corrected back to this level, before rising to the trend line and hitting a new all-time high of 109300 points, after which it began to decline. For a while, the price traded near the 102000 level and even broke it briefly, falling below, but soon reversed and rose back to the trend line. Afterward, the price dropped to the support zone, breaking through the resistance level, and then quickly rebounded, triggering a false breakout of the 95300 level. Since then, the price has been trading within a consolidation range, and it continues to do so up to this day. I expect that BTCUSDT will decline to the support level before starting to rise again toward the trend line, slightly breaking out of the range. Therefore, my goal is set at 100800 points, which aligns with this trend line. If you like my analytics you may support me with your like/comment ❤️
Comprehensive analysis of Bitcoin (exclusive)Bitcoin is currently in a critical consolidation period. Both technical and fundamental factors point to the approaching change. The short-term trend needs to focus on the choice after the volatility rebounds. If it breaks through $109,000, it will accelerate the rise. If it falls below $91,000, it will cause a correction. However, David believes that the 50-day and 200-day moving averages form a "golden cross", which usually indicates a medium- to long-term bullish trend. In the long run, the price of Bitcoin may continue to rise.
If you agree with my analysis, please keep paying attention. I will share my views for free later-(David). BITSTAMP:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD
Bitcoin and altcoin overview (February 18-19)The Bitcoin scenario hasn't changed since yesterday—we are still expecting a test of key support zones, from which a full-fledged upward movement is likely to develop.
Primary target for growth: $102,000.
Sell zone:
$107,000–$109,000 (volume anomalies).
Buy zones:
Around $95,000 (strong buyer reaction, volume anomalies).
$94,000–$93,000 (volume anomalies).
$89,000–$86,300 (accumulated volumes).
Interesting Altcoins
For WIF , the trend has shifted to long on the 4H timeframe. We are waiting for a test of the $0.57 and $0.55 levels, and if there is a false breakout with a strong buyer reaction, we expect an upward movement.
Bitcoin Price Prediction: Will BTC Drop to 93K Before Moving HigBitcoin is currently trading around $95,304, showing signs of consolidation after its recent bullish momentum. Based on the current market structure, there is a possibility that BTC may drop to $93,000 before making a move towards the highlighted supply zone.
📉 Potential Move to $93,000?
Looking at the price action, Bitcoin appears to be forming a retracement pattern. If the bearish pressure continues, we could see BTC testing the $93K support level, which may act as a liquidity grab before a reversal.
📌 Key Supply Zone to Watch
The highlighted zone between $105,624 - $111,075 is a crucial resistance area. If Bitcoin reaches this level, it could face strong selling pressure, making it an ideal area for short opportunities.
💡 Trading Plan:
If BTC drops to $93K, it could be a liquidity grab before a move higher.
Watch the $105K - $111K area for potential sell setups.
A rejection from this zone could lead to a new bearish wave.
🚀 What do you think? Will BTC hit $93K before heading toward this supply zone? Let me know your thoughts in the comments! 🔥
Bitcoin latest trend analysis (exclusive)Dear traders
At present, from the short-term moving average of Bitcoin, MA5 is 96076.33, MA10 is 96058.60, MA30 is 96094.49, and MA60 is 96047.77. The moving average values of different periods are relatively close, indicating that the overall price fluctuations in the short term are not large and are in a relatively stable state. From the market situation, the slight decline of Bitcoin has not caused panic and selling in the market. The overall market is relatively stable, but David believes that Bitcoin still has a small increase.
Suggestions:
Buy: 95500
Tp: 96000
Tp: 97000
Sl: 95000
If you agree with my analysis, please continue to pay attention. I will share my views for free later. (David) COINBASE:BTCUSD BITSTAMP:BTCUSD BITSTAMP:BTCUSD
BTCUSDT - plz 80k My strategy
1. Trend to continue
2. There should be min 3 slashes + V + lead in the same direction
3. it is possible to enter at the trend level if there is activity in the feed or volumes will be substituted.
4. We enter at the breakdown of the level, if there is volume, then the breakdown of this level, if not, then at the price of the spot level (rubber futures).
5. Tape activity or volume substitution in our direction
6. if they start to put volumes against us or no activity.
of the tape is gone, it is better to exit (it is possible to pre-enter if conditions appear)
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Bitcoin Latest Trend Analysis (David)Dear traders
Bitcoin is currently between $95,825 and $97,297. David believes that Bitcoin will continue to fall. What do you think?
The reasons are:
1. The US non-agricultural employment data in January 2025 was lower than expected (143,000 new jobs), and the unemployment rate dropped to 4%, but the Federal Reserve may only cut interest rates once, and interest rates remain relatively high, causing risk assets to be under pressure
2. The "reciprocal tariff" measures announced by Trump may escalate trade conflicts and intensify market volatility. Geopolitical risks such as the Middle East will cause funds to flow to traditional safe-haven assets, triggering a sell-off of Bitcoin
What do you think about this? You are welcome to discuss with me
If you agree with my analysis, please continue to pay attention. I will share my views for free later-(David) COINBASE:BTCUSD BITSTAMP:BTCUSD COINBASE:BTCUSD
SUSDT Key Resistance Broken – Bullish Momentum SUSDT has recently broken through a key resistance level, signaling a shift in market sentiment and the potential for a strong upward movement. Breaking past major resistance is a crucial technical event that often leads to a new phase of price action, and for sUSDT, this breakout has been accompanied by good volume, confirming the strength of the move. With strong investor interest and an expected gain of 25% to 30%+, traders are now watching closely to see how the price behaves as it continues to test new highs. The breakout above resistance sets the stage for further bullish movement, potentially attracting more buyers into the market.
The breakout from the main resistance level is a key indicator that the sellers' control has been broken, and buyers are now in charge. As the price holds above this key level, it’s likely that more traders will enter, pushing the price higher. The good volume supporting the breakout further validates that this move has solid momentum, and the chances of a sustained rally are increasing. If sUSDT continues its upward trajectory, it could reach the projected gain range of 25% to 30%+, with new resistance levels providing the next potential targets.
Investors are taking increasing interest in sUSDT as the price breaks above important technical levels. This shift in market sentiment is not only supported by the price action but also by the growing participation from investors who see potential for further gains. The volume confirms that this is not a false breakout, and as more traders recognize the bullish setup, the price could continue to rise steadily. With solid technical backing and a growing interest in the project, sUSDT is positioning itself as a strong candidate for higher returns in the near term.
Traders should monitor key support levels to ensure that the breakout holds. If sUSDT can maintain its position above the broken resistance level, it could continue to gain momentum, offering a potential 25% to 30%+ return. As always, staying updated on broader market conditions and volume trends will help confirm the strength of the breakout. Given the current setup, sUSDT presents an exciting opportunity for traders looking to capitalize on a potential upward trend in the near future.
Bitcoin Stuck in a Range—Breakout or Breakdown Next?Bitcoin ( BINANCE:BTCUSDT ) started to rise as I expected in the previous post but once again failed to break the 50_SMA(Daily) . In general, Bitcoin has been moving in a range for more than 10 days , making it difficult for Bitcoin traders .
Bitcoin is moving in the Resistance zone($100,520-$97,200) and created a Fake Break for the Resistance line .
Meanwhile, it seems that Bitcoin has succeeded in forming a descending channel , and the falling wedge pattern has failed for me (in the previous post).
Another point is that during the last 10 days , the most Bitcoin trades were around $96,700 , which number can play an important role in determining the direction of Bitcoin and can be an important support and resistance level for us .
Regarding the Elliott wave theory , Bitcoin seems to have completed the Double Three Correction(WXY) . An hour ago, Bitcoin managed to complete the microwave C from the main wave Y. It can be one of the signs of the completion of microwave C , which is a fake break .
I expect Bitcoin to attack the Support zone($96,150-$94,700) again AFTER breaking the $96,700 level , and this time, it has a higher chance of breaking this zone, and if this zone breaks, we should wait for Bitcoin to decline to the Support line .
Note: If Bitcoin can touch $99,000, we should expect Bitcoin to rise further and possibly break the Resistance zone($100,520-$97,200).
Note: Generally, the trading volume is low on Saturdays and Sundays, and the chance that Bitcoin will go out of the range in the next two days is low, although it is not unlikely.
When do you think Bitcoin will leave this range (upward or downward)?
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
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