Crypto
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
Bitcoin at a Crossroads
Bitcoin has reached a key support zone after its recent decline and is now in recovery mode. We expect this upward movement to continue until it reaches the identified resistance level, targeting the $95,000 range.
At this point, two potential scenarios are in play, as shown in the chart:
1–Bullish Scenario: If Bitcoin successfully breaks the $95,000 resistance, the path for further upside will be clear, and higher targets could be reached.
2–Bearish Scenario: If the price fails to break this key resistance, a correction and decline toward lower support levels may follow.
The next move for Bitcoin depends on how it reacts at the resistance level.
What are your thoughts on the upcoming price action?
Don’t forget to like and share your thoughts in the comments! ❤️
Why EURUSD is still Bullish? Detailed Fundaments and technicals EURUSD is showing strong bullish momentum, currently trading around 1.087 and bouncing as predicted. The pair has respected key support levels, confirming the continuation of the **uptrend**. With increasing buying pressure, we anticipate further upside movement toward the main target of 1.1200. The **bullish structure remains intact**, and if this momentum sustains, eurusd could soon hit the projected target.
From a technical perspective, the pair has formed a solid base near recent support, aligning with key **fibonacci retracement levels** and previous demand zones. A break above **1.0900 psychological resistance** will add further confirmation to the bullish bias, leading to a potential rally toward **1.1000 and beyond**. Traders should look for volume confirmation and price action signals for additional entry opportunities.
On the fundamental side, the **us dollar is facing slight weakness**, primarily due to shifting Federal Reserve expectations and lower bond yields. Meanwhile, **eurozone economic data** has shown resilience, supporting the euro’s strength. If risk sentiment remains positive and economic conditions continue improving, eurusd could maintain its bullish trajectory and test higher resistance levels.
Overall, eurusd is still in a bullish phase, and with strong buying momentum, the price is on track to reach the **1.1200 target**. Traders should monitor key levels and market sentiment for potential breakout confirmations.
MDT ANALYSIS📊 #MDT Analysis
✅There is a formation of Descending Channel Pattern in daily chart. Currently #MDT is in bearish way.
After a breakout of the pattern and major resistance level we would see a bullish momentum otherwise the price will drop more 🧐
👀Current Price: $0.02980
⚡️What to do ?
👀Keep an eye on #MDT price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#MDT #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
BTCUSD, Are we going to face 35% Correction ?! (Local View)BTCUSD, Are we going to face 35% Correction ?! (Local View)
Let's take a look at local movements on INDEX:BTCUSD .
Since last post Bitcoin moved in our favor, reached 38,500$.
We have a strong bounce here, which is heading towards upper 40s as long as daily close was above big red candle.
There is a probability, that Bitcoin is going to draw lower high which can be anywhere from 38.2 to 61.8 (Golden Pocket) Fib. In confluence we have several magnets at this range.
Possible stop losses around 43,500$
Fair Value Gap around 44,500$. Possible liquidations Across top 3 exchanges (Binance, OKX, Bybit) totaling around 4.0 Bln. USD. (This number covers last 30 Days Data)
Hence we should take into consideration, that huge amount of liquidity is sitting down in the previous reaccumulation zone. (Suggesting to check out Liquidity Heatmap . Putting link because I am not able to add screenshot.)
- - - - - - - - -
Next I want to mention one weird thread I bumped into on Twitter.
It’s about HTX (ex Huobi), which is owned by Justin Sun. They turned off their proof-of-reserves system, what hints about their insolvency. Onchain analysis say that they have problems with ETH holdings.
Also this is not connected to only HTX, things are being wrong with TUSD and stUSDT (Stacked USDT receipt on TRON Network).
For further details about this event please read thread from adamscochran on twitter . Hence there was around 600 Mln. USDT transfer to JustlandDao yesterday.
In the end, I want to mention, that there is no 100% accurate analysis.
We are dealing with probabilities, just with analysis we are shifting probabilities to our favor.
Best Wishes.
BTCUSD, Are we going to face 35% Correction ?!If we take a look at previous 2 notable cycles we easily notice similarities.
From these 2, 2022-2024 looks more similar to 2016-2017, as long as we had -
Breakout of downtrend line. ✅
Reaccumulation zone. ✅
Testing major bear market impulse (Which in all cases became strong resistance). ✅
What we didn't experience is correction after these 3 moves.
In 2016 it was around 40% (Tested reaccumulation zone)
In 2019 it was around 53% (Tested major support / resistance zone).
As long as current market structure somewhat repeats 2016 move, have possibility to retest top of after trend line breakout reaccumulation zone, which sits around 33-32k.
Percentage wise it's around 35% from ETF top and 23% from current price.
What you think ?
PEPE bottomed and is targeting 0.0000795PEPE / PEPEUSD is trading inside a Channel Up and this week's green candle suggests that we've most likely priced the bottom.
Especially since the 1week RSI hit the bottom of its Channel Down.
The Channel's first bullish wave hit the 1.618 Fib extension.
Buy and target 0.0000795
Follow us, like the idea and leave a comment below!!
ALTS Brutal altseason is about to start.The altcoin market cap just hit its 1week MA200, right at the bottom of the 2.5 year Channel Up.
This has completed a -57.89% decline from the most recent High, the same decline percentage as the ones that formed the August 5th 2024 and December 26th 2022 bottoms.
The 1week RSI has also almost hit its 2 year Support.
If bullish waves are as symmetric as bearish waves, we can expect at least a rapid rise / ALTSEASON to 575 B (+199.05%).
If the market structure follows the June 2023 - March 2024 bullish wave, we can expect a more brutal rally to the 2.0 Fibonacci extension at 865 B.
Follow us, like the idea and leave a comment below!!
DOGEUSD Falling Wedge close to breaking towards $1.3Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded.
The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on.
If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top.
We expect that to be on the 2.0 Fibonacci extension level, a typical reaction for such break outs.
Buy and target 1.3000.
Follow us, like the idea and leave a comment below!!
BTCUSD: Phase 4 of Bull Cycle just started.Bitcoin is about to turn neutral again on its 1D technical outlook (RSI = 44.562, MACD = -3343.000, ADX = 34.423) as it is making a big 1W comeback on this week's candle following a nearly perfect touch of the 1W MA50. Every test of the 1W MA50, as well as every test of the S1 1W RSI level, has been a straight buy opportunity inside the Bull Cycle's Channel Up since the very begining of the November 2022 bottom.
As first the price action was concentrated on the lower half of the Channel Up (green zone) but since February 2024 it has been primarily on the upper half (blue zone) as the rallies got more aggressive, with the only exceptions being the 1W MA50 tests such as the current one (green Arcs). Every bottom rebound has increased by at least +98.76%, so that gives us a peak estimate of TP = 150,000. An temprary high around 120k and pullback to 100-90k is a possible scenario based on all previous rallies/ Phases. Phase 4, which should technicall be the final of the Bull Cycle, has just started.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
ETHUSD: Cyclical Pivot can slingshot it to at least $6,000Ethereum is almost oversold on its 1D technical outlook (RSI = 35.473, MACD = -206.770, ADX = 45.110) but this 1W candle is rebounding on the P1 trendline, which is the Pivot that started from the November 2021 ATH and already caused the a bounce on the August 5th 2024 contact. A similar P1 trendline was present during the 2018-2021 Cycle and its final contact was the March 2020 COVID crash, which kickstarted the insane rally. All similar rallies have hit at least the 1.5 Fibonacci extension and in some occasions the 2.0 Fib. Consequently we are confident enough to aim for at least the 1.5 Fib (TP = 6,000). Risk seekers can attempt a 9,000 test but more cautiously.
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
KAVA ANALYSIS🔮 #KAVA Analysis
💲💲 #KAVA is trading in a Symmetrical Triangle Pattern. If the price of #KAVA breaks and sustain the higher price then will see a pump. Also there is an instant strong support zone. We may see a retest towards the support zone first and then a reversal📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀
#KAVA #Cryptocurrency #Support #Resistance #DYOR
BITCOIN BULLISH TO $116?! (UPDATE)Since I posted this last night, price of BTC has been pushing up very nicely!
After a redistribution phase where late buyers got wrecked at the top the market, we've seen price drop back down liquidating billions in buy orders in the past few weeks. I believe this Wave 4 shakeout will now be followed by another bull run, like we are seeing happen now.
Bitcoin (BTC/USD) Tests Key Support Within Downtrend ChannelBitcoin is attempting to stabilize after finding support at the lower boundary of a well-defined descending channel. The price has rebounded +5.44%, climbing back toward the $85,000 level, but remains below the 50-day SMA (94,968), which has acted as dynamic resistance.
Despite today's bounce, BTC remains in a broader downtrend, with both the MACD and RSI showing bearish momentum. The RSI at 42.82 suggests the market is still in neutral-to-weak territory, while the MACD remains in negative territory, confirming downside pressure.
Key Levels to Watch:
📉 Support: 77,000 (200-day SMA), 75,000 (trendline support)
📈 Resistance: 90,000 (mid-channel resistance), 95,000 (50-day SMA)
A breakout above the channel could signal trend reversal, while continued rejection at resistance would keep the bearish bias intact.
-MW
XRP Approaches Critical Support at $2.00Key Technical Level:
XRP is testing the strong $2.00 support level, which has consistently acted as a key price floor since December.
Descending Triangle Formation:
The price action is forming a descending triangle, where decreasing volatility suggests an imminent breakout. This pattern emerges as XRP approaches the intersection of descending resistance and horizontal support.
Bullish or Bearish?
A confirmed breakout above resistance could trigger a strong rally.
A sustained drop below $2.00 would invalidate the bullish outlook, potentially leading to a retracement toward $1.60-$1.80.
Market Perspective:
XRP’s rally from $0.60 to over $3.40 since November suggests that the current correction is likely a phase of profit-taking rather than a full trend reversal. However, traders should remain cautious and watch for confirmation of direction.
Stay alert—XRP is at a decisive moment! 🚀📉
#XRP #Crypto #MarketAnalysis #Trading #TechnicalAnalysis #Cryptocurrency #Bullish #SupportLevel