Crypto
Algorand (ALGO): Sellers Pressuring The Bullish Trend LineSellers are showing a decent dominance currently, which might result in a breakdown of the local trend and send the price back to the $0.25 area! But there is also another possible movement we might see, which will be valid only after buyers secure EMAs.
More in-depth info is in the video—enjoy!
Swallow Team
XAUUSD Analysis Retest, and Target of 3000XAUUSD, which represents the price of gold (XAU) against the US dollar (USD), is currently trading at 2860. The target price is set at 3000, indicating a bullish outlook. The market is following the support and resistance pattern, a common technical analysis method. Currently, a small retesting phase is occurring, where the price is momentarily pulling back before resuming its upward trend. This retest is a natural market movement that helps confirm the breakout strength. If the support holds, buyers will likely push the price toward the 3000 level. The psychological resistance at 3000 might cause some fluctuations. However, if momentum remains strong, the price could surpass this level. Traders should monitor volume and market sentiment for further confirmation. Proper risk management is crucial, as unexpected reversals can occur.
BTC/USDT Chart Analysis.
Bitcoin recently tested the previous trendline resistance (now acting as support) and bounced back.
The price briefly dropped into the green demand zone (support zone around $92,000-$95,000) but quickly recovered.
100-day MA (purple line): Provided strong support.
Holding this level is a bullish signal indicating buyers are coming forward.
BTC is now trading slightly above $97,000 and must stay above the trendline for a confirmed bullish reversal.
A close above $100,000 would strengthen the case for upward continuation.
Support: $92,000 – $95,000 (green zone).
Resistance: $100,000 then $104,000 – $108,000 range.
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DYOR. NFA
XNO/USDT Breaks Out from Falling Wedge Anticipating 100%+ GainsXNO/USDT has recently exhibited a significant technical development, breaking out from a falling wedge pattern—a formation often indicative of a potential bullish reversal. This breakout, accompanied by substantial trading volume, suggests a shift in market sentiment towards optimism. Investors are now eyeing potential gains in the range of 100% to 120% or more, reflecting heightened interest in this project.
As of February 10, 2025, Nano (XNO) is trading at approximately $1.34, with an intraday high of $1.58 and a low of $1.098. This price movement underscores the volatility and the emerging bullish momentum in the market. The recent surge in trading volume further reinforces the positive outlook, as increased activity often correlates with growing investor confidence.
The successful breakout from the falling wedge pattern is a pivotal moment for XNO/USDT. Historically, such breakouts are followed by substantial upward price movements, especially when supported by strong volume. The current technical indicators align with this narrative, suggesting that XNO may be poised for significant appreciation in value.
In conclusion, the combination of the falling wedge breakout, robust trading volume, and renewed investor interest positions XNO/USDT as a compelling opportunity in the cryptocurrency market. Traders and investors should monitor this pair closely, as it exhibits the potential for notable gains in the near future.
BTC 30 min downtrend 8 Feb 2025I want to see BTC sweep the higher golden pocket and then come down to test the value area low and maybe a wick to the lower Vwap my white lines i'm hoping for candle bodies only - Looking for volume in those areas ! if nothing then no trade !
Weekend volume can be low but lets see what happens!
Started a paper trade account 100K on 2 Feb
Currently @ $507K my goal is $1m
AR DAY TRADE!! (TALK ON BUSINESS OUTSIDE)BYBIT:ARUSDT.P
Yo I'm back with a mini-investment I'm going to go with this support zone the charts are at.. I've let it leak down at little to grab a bigger return. Otherwise, nothing else to report on.. ACTUALLY (yea I'm going to type on here like I'm talking because that's what I do) My wife and I have just purchased a commercial unit and are moving our detailing business into it this week! something exciting to look forward to and new adventures ahead!
Its not all about charts, We got business outside too.
XAUUSD ANALYS#XAUUSD ANALYS
####### This analysis was loaded with the correct wavenumber. ######
With this wave count, we can say that here, by hunting liquidity, $2950 will move towards $2700 to complete micro-wave C of wave 4.
I hope this analysis has helped you.
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The analysis was done by Mr. Khosravi.
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ETH LONG PATH TO 15000Here are roughly projected levels ETH is likely to reach reach on its long term path to much higher prices
Levels were approximated by creating trendlines which connect several, key, important pivot highs and lows from the past. These levels should serve as rough estimates for both targets and levels of resistance, for future price.
Comments Appreciated
ETH—Time Has become CrucialETH has had 2 weekly closes below 3000
This is not too surprising nor should it be an end all be all indicator, that determines whether the bull run in BTC, Alts, or both, is coming to a halt or resuming
With that being said, time appears to be getting important, as 3 weekly closes should certainly be concerning.
Here we can see an intact trendline from multi-year lows all the way to more recent lows, until it just recently retested.
Additionally, most volatile, and aggressive moves from from a flase breakdown, which washes out week hands one last time.
-After hitting strong support at 2150, and dropping nearly 30% in hours, ETH QUICKLY recovered the entirety of its loses within a day.
-2150 has several levels of strong support and a further array of support/former resistance levels with 25-50$
-Time is important here—I expect for ETH to make a beeline to 3000 early next week and definitively close above 3000 on the weekly chart, signaling the resumption of the altcoin bull market in earnest.
-If this does not happen, I would say there is a cause for concern, and something is very wrong.
It is also important to note the Bollinger Band crash on the weekly chart when 2150 was tested. The last time this exact scenario occurred, ETH rallied back well above 3000 in a short period of time.
Comments appreciated thanks
ETHEREUM SHORT TO $786! (UPDATE)Remember my ETH short bias from 5 months ago? Despite it pushing up a little, price has remained within the trendlines & bearish channel, keeping its main trend in a 'downtrend'.
We are still within a 3 Sub-Wave (A,B,C) corrective channel, with the current bearish move down being Wave C. Wave C target still remains around $786🩸
BTC - Key Zones & Liquidity InsightsBINANCE:BTCUSDT is currently oscillating within a new trading range, establishing a trustable support zone while facing a weaker resistance trendline and resistance zone. Given this setup, a breakout isn’t the primary expectation just yet.
🔹 Key Observations:
Support Zone Strength: The support zone is stronger than the resistance, making it less likely for BTC to break downward easily.
Resistance Weakness: The resistance trendline and zone appear weaker, meaning any rejection could be temporary.
Liquidity Perspective: As seen on the liquidity chart, there’s favorable liquidity above the resistance zone, increasing the probability of a short-term push higher to hunt liquidity.
💡 Potential Scenarios:
1️⃣ BTC could move toward the resistance zone, tapping into liquidity before reacting.
2️⃣ If buyers step in aggressively, a short-term liquidity grab above resistance might trigger further upside.
3️⃣ Failure to reclaim key levels could lead to continued range-bound movement.
🚀 Stay ready for the next Bitcoin move! Follow for real-time updates and professional insights! 🔔
Is Ethereum Ready to Rally? Critical Levels and Elliott Wave InsIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Ethereum Analysis: Key Levels and Market Structure
Ethereum has been moving in tandem with Bitcoin, but there are some distinct levels and market structures developing that are worth paying attention to. While most of the focus has been on BTC, ETH has been presenting some solid trade setups as well. Here’s my breakdown of where we stand and what I’m watching next.
Holding the Low: 2563 as a Double Zig-Zag
Ethereum has been working through a potential 2xZZ (double zig-zag) pattern, and 2563 stands as a key level to maintain that structure. If this low holds, the bullish case remains intact. However, we aren’t currently sitting in a Golden Zone (GZ) or a major discount level based on the recent dump, which adds some caution to aggressive entries.
Bullish Steps: 2665 & 2800 as Critical Resistance
For any bullish momentum to materialize, the first step is 2665—this level needs to break for buyers to start taking control. From there, 2800 is the larger resistance level that Ethereum must break and hold to show real strength. A rejection at this zone could lead to another corrective leg downward.
Confirmation of the Double ZZ: 2900 Break
The completion of the double zig-zag pattern will be officially confirmed with a break of the 2900 pivot. This is the critical point where bullish structure would be fully validated, signaling further upside potential. Until that happens, Ethereum remains in a make-or-break zone.
Until then, I’ll be watching how price action (PA) prints before making any major decisions. What do you think—will ETH break through or are we looking at more downside? Drop your thoughts below!
Trade safe, trade smart, trade clarity.
BTC ANALYSIS (update)🔮 #BTC Analysis 💰💰
As we saw that there was a very bullish move in #BTC. Now we expect a correction in #BTC. Also there is a bearish divergence in RSI. We will see a correction first after that we it will again continue to rise.
🔖 Current Price: $95950
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #BTC. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#BTC #Cryptocurrency #Correction #DYOR
Market3I haven’t been posting much lately simply because there’s nothing particularly interesting to say, the market has been a bit dull.
2025 should be a strong year for altcoins, as they’ve been consistently suppressed. With BTC dominance reaching 64%, which is quite significant, all attention remains on Bitcoin.
On this chart, you can see that $1.17 trillion acted as a rejection level for the crypto market (excluding BTC and ETH). Time will tell, but I anticipate a $4 trillion altcoin bull market before the end of 2025.
Remember, Fibonacci plays a crucial role in long-term market predictions.
Invest wisely and at the right time.
Happy Tr4Ding !