CHESS.USDT NEW INCREASE ROUNDEAs a trader, it's important to follow the market and the unexpected trends.
CHESS/USDT shows a possibility for a new increase in the coming time frames, after the long-term breakdown.
Let's follow the data and see if this coin is able to increase as the chart shows.
interesting to follow for the coming time frames for new confirmations.
$0,10 is an important target that this coin could hit in the coming time.
If the cycle gets confirmed, this coin could go to $0,25 as a high target and $0,35 as a best target.
In trading, never expect instant results; the market goes as it needs to go.
Risk management is the key.
Cryptocurrency
ETH cheaper than $1,500 already this SUMMER? Hi! While many are already predicting an alt-season and hundreds of X's, let's see if it's really so? 🤔
While bitcoin is updating ATH day by day. ETH is still trading almost 40% cheaper than its peak in this cycle . And on the low time frame it is already forming a double top pattern, signaling a downside risk in the near future.
With the current growth we have closed a small GAP at the level of 2,250 - 2,650. But there is still a GAP above us in the zone of 2,800 - 3,250. In addition, below us there is now a GAP formed in the range of 1,850 - 2,450. And as we know, 99% of GAPs tend to close sooner or later.
❓ But here's the question - which one will close sooner? Let's get to the bottom of it!
⚙️ Indicators and metrics:
MACD - has already given a bearish section, signaling a potential trend change.
Volume - since February 3, all further declines, the volume of ETH purchases has only declined, signaling a decline in interest in the asset. Even at 1400 and below, buying volumes were still disastrously low . Showing the lack of interest in the asset even at such prices.
VRVP - shows buying and selling volumes at price levels in relation to each other. It is noticeable that at the levels of 2,400 - 2,750 the trading volumes increase significantly , and in both directions. Showing that this level is still a strong resistance , and the mood in ETH is extremely speculative and few people are interested in it at 1,400, but at 2,500 it is good choice! 😁
📌 Conclusion:
In my opinion, this was a purely technical rebound for ETH after a long decline . As well as for the altcoin market as a whole. Those altcoins that were simply declining more rapidly than others are the ones that are growing fastest now.
Besides, I remind you that summer is coming soon and there will be less liquidity on the market. So unless the current market conditions push ETH to 3,000 and above . We can definitely not expect it in summer and the most probable scenario in my opinion is blue. I don't think we will see ETH at 1,500 and below (unless Trump does something weird), but it is possible to close GAP and go to 1,800.
Intraday scenariosMorning folks,
Now we do not see yet any background for a "big game". Market needs time to manifest the next step. We said previously that it might be either direct upside action or big reverse H&S on weekly chart.
Now it is too few time passed to understand this. On a daily chart we have bearish context and engulfing pattern. So all that we have for Mon-Tue is an intraday downside AB=CD setup with ~104 and 101K targets.
TradeCityPro | CFXUSDT A Wild Week of Volatility Ahead?👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze another altcoin in the market, CFX, which is likely to experience a highly volatile week ahead, offering great trading opportunities.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
🕒 Weekly Time Frame
CFX stands out as an older coin with prior bull-run experience. It’s trading above last year’s lows and hasn’t experienced steep declines.
Yesterday, we analyzed this coin briefly, but today, we’ll go into more detail. Unlike most altcoins that began their bullish moves from their lowest levels, CFX has already started its upward trajectory from 0.1219.
Fibonacci analysis shows that 0.1219 aligns with the 50% retracement level—a significant support both in Fibonacci terms and Dow Theory. After forming a range around this level and breaking the 0.1810 trigger, the coin moved toward its first target at 0.2596.
However, we were rejected at 0.2596 and even lost the critical support at 0.1087, dropping to the next support at 0.0647. Currently, it appears we’re pulling back to the key 0.1087 level.
📊 Daily Time Frame
On the daily chart, CFX was in a ranging box, forming higher lows. A breakout above 0.1851 was accompanied by a strong entry candle with buyer momentum, an RSI entry signal, and volume confirmation. Stop-loss was set at the daily low of 0.14.
If you followed this trigger, you’re likely in profit despite the current red daily candle. This correction is healthy, as an uptrend without pullbacks or red candles is often unsustainable.
After breaking the daily box between 0.1046 and 0.1230 and losing its support with an engulfing candle, we experienced a downward move to 0.0647. From there, sellers effectively exited the market, and buyers showed strength. After breaking 0.0823, we formed higher highs and lows. Now, after breaking 0.1046, we can consider buying for spot, with the main trigger being a break of 0.1230.
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
Bitcoin (BTC/USD) – Rising Wedge Pattern Signals & BreakdownThis chart illustrates a Rising Wedge Pattern on the weekly timeframe for Bitcoin (BTC/USD), which is generally considered a bearish reversal pattern in technical analysis. The pattern appears after a strong upward move and typically signals that the price is losing momentum and may be preparing for a significant correction.
📐 What is a Rising Wedge Pattern?
A rising wedge is a chart pattern formed when the price consolidates between two upward-sloping trendlines – the support line (bottom) and the resistance line (top) – with the two lines converging toward each other.
As price climbs higher, it forms higher highs and higher lows.
However, the slope of the highs is less steep than the slope of the lows, showing a loss of bullish strength.
Eventually, the price breaks below the support line, often leading to a sharp move downward.
🔍 Key Highlights from the Chart:
📌 1. Major Resistance Zone (~$110K–$120K):
BTC is currently facing heavy resistance in this area.
This zone has historically acted as a supply zone where bulls have struggled to break through.
Multiple rejection wicks indicate strong selling pressure.
📌 2. Pattern Touchpoints:
BTC has now formed multiple touchpoints on both the support and resistance lines of the wedge, confirming the structure.
This gives the pattern higher validity from a technical analysis perspective.
📌 3. SR Interchange Zone (~$65K–$70K):
This is a key horizontal zone where past resistance could act as future support.
A successful breakdown may first test this level before continuation.
📌 4. Retesting After Breakdown:
After breaking the wedge support, a retest of the broken trendline is often seen.
If the retest is rejected, it confirms the breakdown and opens the door to deeper bearish movement.
🎯 Target Projection:
If the wedge breaks down and the bearish scenario plays out, we could see Bitcoin fall to the $22,000–$25,000 region – marked as the final target zone on the chart. This level aligns with:
Previous macro-support zones from 2021
Fibonacci retracement levels
Psychological price levels where buyers may re-enter
⚠️ Bearish Factors to Watch:
Bearish divergence on indicators like RSI or MACD (not shown on chart but worth checking)
Volume decreasing as price rises – a classic wedge behavior
Macroeconomic headwinds or Bitcoin halving-related exhaustion
Rejection from major resistance with strong bearish candles
🕒 Timeframe & Patience:
This is a weekly chart, which means the pattern will play out over weeks or months, not days. Patience is key. A clear break, retest, and rejection would be the most reliable confirmation to expect further downside.
✅ Invalidation Scenario:
If BTC breaks above the wedge resistance line with strong bullish volume and holds above the $120K level, this bearish thesis becomes invalid.
In that case, BTC could enter price discovery mode, making new all-time highs.
💬 Final Thoughts:
This analysis is a technical outlook, not financial advice. Always use stop-loss strategies and manage your risk carefully. Market sentiment, news, and macro factors can quickly shift the scenario. However, from a purely technical standpoint, the rising wedge pattern is a powerful signal that should not be ignored.
BTCUSD: 1D Golden Cross signals more upside to 155k.Bitcoin dropped below the overbought barrier on its 1D technical outlook (RSI = 69.592, MACD = 4447.700, ADX = 32.855) following today's Trump led pullback. On the long term though, this is nothing but a technical reaction to fundamentals and not enough to invalidate the bullish trend as not only did we make new ATH this week but also just completed a 1D Golden Cross. This is the first such pattern since October 27th 2024, which validated the previous bullish wave that peaked on the 2.0 Fibonacci extension. According to that, Bitcoin should extend the current uptrend with TP = 155,000.
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ETH (ethereum) – Massive Flag Pattern After 100% RunCRYPTOCAP:ETH – Bullish Flag After Monster Run
Ethereum ( CRYPTOCAP:ETH ) has nearly doubled since April, and now it’s cooling off — but in the best way possible: a bullish flag consolidation.
🔹 After a nearly 100% move, ETH has been consolidating tightly for two weeks — textbook flag behavior.
🔹 The trend remains strong, and this type of structure often leads to another leg higher.
🔹 Volume has tapered off during the flag — exactly what you want to see before a breakout.
Setup Overview:
Pattern: Large bull flag
Support/Risk: Defined risk to the $2500 zone
Measured Move Target: Breakout could push to $3100–$3500 based on the prior leg
Why I like this setup:
Healthy consolidation after a parabolic run
Risk/reward is favorable with structure and measured target
Potential breakout fuel from the ETH ETF narrative + BTC dominance rotation
SEI Turns Bullish After A Zig-Zag CorrectionSEI Turns Bullish After A Zig-Zag Correction, as we see it sharply bouncing from projected support that can send the price higher by Elliott wave theory.
SEI with ticker SEIUSD is waking up exactly from the channel support line and equality measurement of waves A=C, which is perfect textbook support for subwave (5) of an impulse into wave C of an ABC zig-zag correction. It's actually nicely and impulsively rising for wave 1, so after current wave 2 pullback, be aware of a bullish continuation within wave 3 of a five-wave bullish cycle, especially if breaks above 0.30 first bullish evidence level.
Sei (SEI) is a high-performance Layer 1 blockchain designed specifically for decentralized finance (DeFi) and decentralized exchanges (DEXs). Launched in August 2023 by Sei Labs, it features innovations like Twin-Turbo Consensus for fast block finality, Optimistic Parallelization for high throughput, and SeiDB for efficient transaction handling. It supports EVM compatibility, enabling seamless deployment of Ethereum-based apps. The SEI token is used for transaction fees, staking, governance, and liquidity.
BITCOIN is attempting to converge with past Cycles!Bitcoin (BTCUSD) is experiencing the weakest Bull Cycle in its history, a natural product of the Theory of Diminishing Returns (TDM).
This chart couldn't have put it better as we show all Cycles since BTC's first day, one on top of the other. Naturally the first Cycles were the most aggressive, witnessing extraordinary gains as the upside potential of a fresh market was enormous in its early days.
The 2015 - 2017 (blue trend-line) and 2019 - 2021 (black trend-line) Bull Cycles have been harmonized to a more traditional capital market state and this is obvious on their trend-lines, which exhibit similar parallel price action. Whenever the two diverged, they converged at some point during the Cycle.
The current Cycle (2023 - 2025) following the late February 2025 divergence, is now attempting to converge again with its strong rebound in the past 6 weeks. Being however within a Channel Up throughout the entirety of the Cycle, it appears that it will do so in a structured way and as the TDM suggests, will offer weaker gains.
What we can project, as we've shown on previous studies in great detail, is the timing of the Cycle Top. Based on past Cycles, it should be within October - December 2025. Timing your exit strategy can perhaps be more effective than assigning a certain Target, even though the peak is expected to be anywhere within the $150k - $200k range.
So do you agree that the rise we're witnessing is the Cycle's attempt to converge with past ones and close the gap before it tops? Feel free to let us know in the comments section below!
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JTO Buy/Long Setup (1D)It appears that JTO is in a bearish pattern on the higher timeframe, but it shows a bullish structure on the lower timeframes and could move to the upside.
The trigger line has been broken, and we have a bullish CH (Change of Character) on the chart.
We are looking for buy/long positions around the SWAP zone.
A daily candle closing below the invalidation level would invalidate this outlook.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ARBIUSD This wave has more upside to giveArbitrum / ARBIUSD is trading inside a Channel Down since the September 11th 2023 low.
At the moment it is on its 3rd bullish wave within this structure and the 1day RSI shows that the breakout above its MA confirms further upside.
Buy and target 0.69000 (+185% like the previous bullish wave).
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XLMUSD Huge breakout may happen any moment.Stellar / XLMUSD is testing the 6 month Falling Resistance again, while trading inside a Channel Up.
The 1day RSI is in strong support of this move and may force a 1day candle closing above the Resistance finally.
If it happens, go lonh and target 0.3650 (+32.79%).
Previous chart:
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DOGEBTC Strong chance that Dogecoin outperforms Bitcoin soon.DOGEBTC is testing its 1W MA50 (blue trend-line), which keeps it into a buy zone, exhibiting the same kind of price action it had during its previous Cycle in late December 2020.
That was right before the parabolic rally started where Dogecoin outperformed Bitcoin massively on the last strong known Altseason.
Right now the market is forming the same 1W MACD Bullish Cross it did on December 21 2020, straight after which it broke above the 1W MA50. The rebounded that was causes even broke above the Cycle's Falling Wedge in a rally that lasted 4 months.
We are inside a similar Falling Wedge since 2021 so a break-out may have a similar outcome. This chart shows that it may be time to move some capital to Doge.
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BITCOIN made new ATH but still much time left before a Cycle topBitcoin (BTCUSD) is about to enter the final week of May, with the month mostly likely to close on a strong green candle, the 2nd straight. Though it made yesterday a new All Time High (ATH) above 109k and many are already talking about a bearish reversal, this chart shows that there is still plenty of time left before the current Bull Cycle tops.
If fact a simple measurement of the Bottom to Bottom and Bottom to Top ranges of the last 3 Cycles is enough to present all the evidence that are needed for this case.
As you can see, the previous 2 Bull Cycles lasted for 35 months (1065 days) from Bottom to Top. Similarly, the Bottom to Bottom (Bear Cycle to Bear Cycle) measurement has been 47 months (1430 days).
This amazing symmetry suggest that BTC is more likely than not to repeat this feat on the current Cycle as well. A 35 month range from Top to Top indicates that the Bull Cycle is expected to peak on October 2025, while a 47 month Bottom to Bottom range indicates that the next Bear Cycle should bottom in October 2026! As far as a potential price top is concerned, various of the previous analyses we've conducted show that $200k is a fair maximum, but the current study focuses on the timing of profit taking and not specific price levels.
So are you willing to book your profits by this October? Feel free to let us know in the comments section below!
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118.75KMorning folks,
So, last time BTC was not able to show retracement that we've suggested. In fact by the end of the session, no reversal day was formed. It was some fake alarm. Our long-term 110K target has been completed, so monthly grabber has reached the minimum target.
But for now we see nothing to do. We consider no shorts. Market stands confidently around the top, without sharp drop back, it is not at overbought or at some strong resistance, so it could keep going higher. Next our upside target is 118.75K. So we could keep existed longs, just don't forget to manage stops.
If downside pullback still starts it might become good chance for long entry again. Market now is driven by rebalancing portfolios of big funds that have to sell US assets as they lost AAA rating. This explains why dollar is falling while yields are raising. This is not fast process and probably will last for some time more.
Phemex Analysis #82: BTC Breaking the $110,000 All-Time-High!Bitcoin ( PHEMEX:BTCUSDT.P ) has reached a new all-time high, surpassing $111,000, driven by strong institutional inflows, regulatory clarity, and macroeconomic factors. This surge follows our previous analysis , where we anticipated a potential breakout above the $105,000 mark. The current rally is fueled by increased demand from institutional investors, favorable regulatory developments, and concerns over traditional financial markets.
Possible Scenarios
1. Testing $120,000
With momentum on its side, Bitcoin could aim for the next psychological resistance at $120,000. Institutional interest, as evidenced by significant ETF inflows and corporate investments, supports this bullish outlook. Technical indicators, such as the "golden cross" pattern, also suggest continued upward momentum.
Pro Tips:
Monitor trading volume and market sentiment for signs of sustained bullishness.
Set stop-loss orders to protect against sudden reversals.
2. Rejection and Retest of $100,000 Support
After reaching new highs, Bitcoin may experience a pullback to test the $100,000 support level. This consolidation could be a healthy correction before the next leg up.
Pro Tips:
Watch for buying opportunities near the $100,000 support zone.
Be cautious of false breakouts and wait for confirmation before entering new positions.
3. Bearish Reversal Due to U.S. Treasury Bonds News
Rising U.S. Treasury yields and fiscal concerns have led to increased volatility in traditional markets. A significant shift in investor sentiment could trigger a bearish reversal in Bitcoin's price.
Pro Tips:
Stay informed about macroeconomic developments, particularly U.S. fiscal policies and bond market movements.
Long-Term Accumulation: For investors with a longer-term perspective, significant price dips near lower supports—such as $92750, $83000, or even $66810—could represent attractive opportunities to accumulate BTC at discounted valuations.
Conclusion
Bitcoin's recent surge past $110,000 marks a significant milestone, reflecting growing institutional adoption and favorable market conditions. While the bullish trend may continue, traders should remain vigilant and prepared for potential corrections or reversals influenced by macroeconomic factors. Employing sound trading strategies and staying informed will be key to navigating the evolving landscape of Bitcoin's price movements.
Pro Tips:
Armed Your Trading Arsenal with advanced tools like multiple watchlists, basket orders, and real-time strategy adjustments at Phemex. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
BTC HTF ThoughtsChart from end of Dec/early Jan. Idea back then was that the top is in, and we'll revisit at least 51.5 levels. IMO low will be between 41.5-32.5, with potential to reach 23s.
However, it won't happen in one day and it's finally at prices i want to scale in and hold for the next weeks/months incase i'm wrong with the macro idea.
I'm a buyer between 74-62, levels in between are 72, 69, 65 and 62.
TradeCityPro | BCHUSDT Bitcoin Fork Ready to Hit New Highs?👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze the Bitcoin fork, BCH, to understand why this altcoin is performing much better than the broader market and is being supported at higher levels.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
In the weekly time frame, we see that BCH is in a much better position compared to other altcoins and continues to form higher highs and higher lows!
After hitting the 707 resistance and getting rejected, we’ve been ranging in a large box. However, it’s fair to say that buyers have the upper hand in this box because, after touching the critical 268 support, we engulfed the previous three weekly candles and experienced a sharp move up to 424.
Currently, we’re at a critical point: we could either form a lower high relative to the previous resistance or undergo a mid-term correction and re-enter after breaking 424!
📉 Daily Time Frame
In the daily time frame, the situation is similarly favorable, and BCH is continuing its trend with good momentum. The formation of higher highs and higher lows provides a sense of calm to the uptrend.
After the heavy decline in February, it was natural for us to enter a ranging period before forming a new structure. This happened, and after retesting the 268 support, we started forming higher highs and lows, with our first entry at the 345 level.
Currently, after a rejection from 435, we’ve corrected to 386, which was a low-volume move, technically considered a pullback. If we see a supportive candle at this level, it’s a trigger for a buy, and breaking 435 will be the next trigger!
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
IOTAUSD Channel Up eyes +45% bullish leg.IOTAUSD is trading inside a Channel Up, which is the bullish pattern that took it above its 5 month Falling Resistance, essentially the trade war correction.
The 1day MA50 is providing support and the 1day MA200 is already broken, which signals bullish extension.
The Channel's previous bullish leg recorded +45%, so go long and target 0.31000.
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SANDUSD targeting the 1day MA200 at 0.42000Sandbox / SANDUSD has entered a Channel Up structure ever since it double bottomed on Support A and crossed above the Falling Resistance.
Now it's supported by the 1day MA50 and is aiming at a new Higher High on the 1day MA200.
Target 0.42000
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