Crypto market
FETUSDT Major Resistance Cracked, Eyes on Sky!BINANCE:FETUSDT has recently broken out from a significant resistance level that previously acted as a strong barrier. After this breakout, the price action displayed a textbook retest of the former resistance—now turned support which held firm, confirming the bullish move.
This successful retracement signals strength in the current uptrend and opens the door for potential continuation towards higher highs. The market structure is showing signs of higher lows and increasing momentum, which could fuel a strong rally in the near term.
While the setup looks promising, it’s essential to emphasize risk management. Always use a stop-loss to protect your capital and manage your position sizing according to your trading plan. The crypto market can be volatile, and smart risk control separates long-term winners from short-term chasers.
All eyes are now on NYSE:FET for its next move. If momentum continues, we could witness a significant upward leg. Stay sharp and let the trend be your guide!
BINANCE:FETUSDT Currently trading at $0.88
Buy level : Above $0.8
Stop loss : Below $0.63
Target 1: $1.1
Target 2: $1.4
Target 3: $2.1
Max leverage 3x
Always keep stop loss
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$RWA Volume Decline Signals Bearish ContinuationAnalysis: LSE:RWA ’s price at $0.01 is accompanied by declining trading volume, indicating fading bullish momentum. The Parabolic SAR is above the price, signaling a downtrend. A break below $0.0095 could push prices to $0.007. Short with a stop above $0.0103 for a high-probability trade.
Indicators: Parabolic SAR, Volume
Timeframe: 1-Hour
Target: $0.007 | Stop Loss: $0.0103
$RWA Downtrend Confirmed Below $0.01Analysis: LSE:RWA has broken below the $0.01 support, confirming a bearish trend on the daily chart. The 20-day EMA ($0.0105) is acting as resistance, and the RSI at 35 shows no signs of reversal. Short with a target of $0.0078 and a stop above $0.0105.
Indicators: 20-day EMA, RSI
Timeframe: Daily
Target: $0.0078 | Stop Loss: $0.0105
$RWA Head-and-Shoulders Pattern Signals DeclineAnalysis: A head-and-shoulders pattern is forming on LSE:RWA ’s 4-hour chart, with the neckline at $0.0098. The price is testing $0.01, but weak volume and a bearish MACD crossover suggest a breakdown. Short below $0.0098, targeting $0.0075, with a stop above $0.0105.
Indicators: MACD, Volume, Head-and-Shoulders
Timeframe: 4-Hour
Target: $0.0075 | Stop Loss: $0.0105
$RWA Bearish Divergence Warns of PullbackAnalysis: LSE:RWA ’s recent rally to $0.01 shows a bearish divergence on the RSI, with lower highs despite price stability. The stochastic oscillator is in the overbought zone, suggesting exhaustion. Expect a drop to $0.0088 if $0.01 fails. Short with a stop above $0.011.
Indicators: RSI, Stochastic Oscillator
Timeframe: 4-Hour
Target: $0.0088 | Stop Loss: $0.011
$RWA Testing Critical $0.01 Support, Downside LikelyAnalysis: LSE:RWA is hovering at $0.01, but the Bollinger Bands are tightening, signaling potential volatility. The price is below the middle band ($0.0103), and the ADX at 30 indicates a strengthening downtrend. A break below $0.0095 could target $0.007. Short with a stop above $0.0105.
Indicators: Bollinger Bands, ADX
Timeframe: Daily
Target: $0.007 | Stop Loss: $0.0105
$RWA Overbought RSI Signals CorrectionAnalysis: Despite LSE:RWA ’s recent spike to $0.01, the RSI at 80 indicates overbought conditions on the 1-hour chart. A death cross on the 50/200 EMA is forming, suggesting a pullback. Short at $0.01 with a target of $0.0085 and a stop above $0.0105. Watch for declining volume to confirm the reversal.
Indicators: RSI, 50/200 EMA, Volume
Timeframe: 1-Hour
Target: $0.0085 | Stop Loss: $0.0105
$RWA Bearish Momentum Building at $0.01Analysis: LSE:RWA is showing a bearish flag pattern after failing to break $0.011 resistance. The MACD is diverging negatively, and the RSI at 40 suggests sellers are in control. A drop below $0.0098 could accelerate toward $0.0075. Short entries near $0.01 with a stop above $0.0115 are ideal.
Indicators: MACD, RSI, Bearish Flag
Timeframe: 4-Hour
Target: $0.0075 | Stop Loss: $0.0115
$RWA Faces Downside Risk Below $0.01 SupportAnalysis: LSE:RWA is struggling to hold $0.01, with a bearish breakdown below the 50-day EMA ($0.0102). The RSI at 45 is trending downward, and declining volume indicates weak buying pressure. A break below $0.0095 could lead to a test of $0.008. Short with a stop above $0.011 for a low-risk setup.
Indicators: 50-day EMA, RSI, Volume
Timeframe: Daily
Target: $0.008 | Stop Loss: $0.011
$RWA Bullish Reversal Forming at $0.01 SupportAnalysis: LSE:RWA is testing a strong support zone at $0.01, coinciding with the 200-day EMA. A double-bottom pattern is forming, signaling potential reversal. The MACD shows a bullish crossover, and increasing volume suggests buyer interest. If $0.01 holds, expect a push toward $0.0135. Enter long positions with a tight stop below $0.009. High risk-reward setup for patient traders.
Indicators: 200-day EMA, MACD, Volume
Timeframe: 4-Hour
Target: $0.0135 | Stop Loss: $0.009
$RWA Poised for Breakout Above $0.012 ResistanceAnalysis: LSE:RWA is consolidating near $0.01, showing signs of accumulation with a bullish triangular pattern forming on the daily chart. The price is holding above the 50-day EMA ($0.0098), and the RSI at 55 indicates room for upward momentum. A break above the key resistance at $0.012 could target $0.015, a 50% move. Volume spikes on recent green candles support bullish sentiment. Consider longing with a stop below $0.0095.
Indicators: 50-day EMA, RSI, Volume
Timeframe: Daily
Target: $0.015 | Stop Loss: $0.0095
The other Bitcoin's time to shineBitcoin Cash has been dying a slow death, but will soon come back to life.
I love this chart. The Weekly chart shows that an uptrend has started on the linear regression channel, and the Bollinger Band moving average centerline is crossing the 3-year pivot point, which is typically a catalyst for upward movement. The 3-year pivots are stacked tightly, which acts similarly to tight Bollinger bands in that price action is more responsive to any move upward.
Target is the 3-year pivot R1 at $730 and maybe more. I will set a trailing stop at the target to lock in gains and see if we can get some additional upside.
Phemex Analysis #84: Pro Tips for Trading PEPEIn the vibrant and ever-changing landscape of cryptocurrency trading, PEPE ( PHEMEX:1000PEPEUSDT.P ) has recently captured significant attention from investors. Over the past 30 days, PEPE surged an impressive 130%, showcasing strong bullish momentum after a prolonged downtrend. This recent rally has rekindled investor interest, suggesting that a potential bullish reversal may be underway.
Yet, with volatility remaining high, traders should remain cautious.
Let’s explore several possible price scenarios and strategies to capitalize effectively on PEPE’s movements.
Possible Scenarios
1. Accumulation Followed by Breakout Rise
Currently, PEPE is showing signs of accumulation in the $0.015 to $0.012 range. This sideways consolidation typically indicates that market participants are gathering positions before a potentially significant upward move. If PEPE breaks decisively above the critical resistance at $0.0163, especially accompanied by a notable spike in trading volume, it would be a strong confirmation of bullish sentiment.
Pro Tips:
Entry Strategy: Consider accumulating positions within the consolidation range ($0.015 - $0.012). Wait for confirmation of a breakout above $0.0163 to scale up your positions confidently.
Risk Management: Place stop-loss orders below $0.012 to mitigate downside risk should the breakout fail to materialize.
2. Retesting the $0.007 Support Area
A pullback scenario could also unfold, bringing PEPE’s price down to retest the critical support zone around $0.007. If this retest occurs with relatively low trading volume and the RSI remains higher compared to previous lows—signaling a Double Bottom formation with RSI divergence—this could provide an excellent accumulation opportunity.
Pro Tips:
Accumulation Signals: Monitor trading volume and RSI closely. A successful retest at $0.007 with bullish divergence could indicate strong buying pressure.
Entry Confirmation: Conservative traders may prefer waiting for a confirmed breakout upward from the $0.007 support area before entering positions.
3. Bearish Drop Scenario
Despite the recent bullish signs, a bearish scenario remains possible. If PEPE declines towards the support level at $0.012 with increasing trading volume, and subsequently drops to $0.007 with even higher volume, it could indicate strong bearish momentum and weak market sentiment. Under these conditions, caution is highly recommended.
Pro Tips:
Market Caution: If price action unfolds this way, it’s advisable to refrain from entering positions immediately.
Wait and Observe: Allow price to stabilize before reconsidering any potential entry points, ensuring clear evidence of support.
Conclusion
PEPE’s recent 130% surge represents promising signs of a bullish reversal, yet navigating such volatility demands careful planning and strategic execution. By closely monitoring the outlined scenarios—recognizing accumulation signals, bullish divergences, and maintaining disciplined risk management—traders can maximize their potential returns while minimizing risk exposure. Always stay alert, responsive to market signals, and ready to adapt to changing conditions to trade PEPE confidently and profitably.
Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
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.
Bitcoin Key Support Levels and Potential Reversal ZonesBitcoin recently approached the anticipated 50k level, nearly fulfilling our previous projection. However, increased selling pressure suggests a potential further decline. The 50k zone now serves as a crucial internal demand area, and its reaction will be pivotal for short-term price direction.
Should the 50k support fail , we've identified a strong external demand area on the chart that's expected to halt any deeper retracement. This zone provides a robust foundation for potential accumulation and trend reversal.
On the upside, an immediate resistance level has been identified as a potential sell-off point. We should monitor this level for possible profit-taking or short entry opportunities.
The current price action indicates a continued bearish bias in the short term, but the identified support levels offer potential for a bullish reversal. We should closely watch for signs of buying pressure or bullish divergences at these key levels.
Overall, Bitcoin's price movement remains within the anticipated range, with critical support and resistance levels clearly defined.
Risk management is crucial given the current market volatility.
Bitcoin Mid term Road MapHello everyone,
This post highlights a series of technical patterns, all converging towards the same target area on Bitcoin. We’ve identified a descending broadening wedge, a cup and handle formation, and another descending broadening formation.
The alignment of these patterns reinforces our bullish bias on Bitcoin, suggesting that a major upside move is imminent. We believe the potential for a significant rally is stronger now than ever.
Please share your comments and thoughts on this analysis.
Bitcoin's Path to 109K Key Levels to WatchHi guys,
Here’s my updated Bitcoin analysis, offering two potential scenarios: Plan A and a follow-up Plan B for a breakdown below key support level.
Plan A focuses on the potential development of an ascending broadening wedge targeting the 107k–109k zone. This scenario hinges on Bitcoin maintaining price levels above the critical 86k support.
It’s important to note that any sustained movement below 86k will immediately invalidate this plan. The primary reasoning behind this outlook is the continuation of a higher high (HH) and potential higher low (HL) structure, observed in a zig-zag price pattern.
Let me know your thoughts on this view, drop your comments, and let’s discuss!
BTC Breakdown: Weak Momentum Signals Potential ReversalBitcoin Market Breakdown 🧠📉
BTC formed a range/liquidity zone (Accumulation Area) before making a strong move to the upside. Now, it's showing signs of weakness:
🔸 Distribution Range forming
🔸 Failure to make a higher high
🔸 Low volume on recent pushes
🔸 Bearish RSI divergence
These are classic signs of a potential sell-off brewing.
📍Trade Setup:
• Entry: 109,775
• Take Profit: 106,729
• Stop Loss: 110,331
⚠️ Manage your risk. This setup aims to capitalize on a downside move following possible distribution
Do not sell your BTC before 6 DigitsBitcoin continues to trade within the broadening wedge pattern, maintaining a bullish outlook as the market eyes key levels. The immediate challenge lies at the $99,600 zone, which serves as a critical resistance. A breakout above this level would signal a continuation of the uptrend and pave the way for higher targets.
The plan remains to re-accumulate within the current range, using the resistance zone as a focal point for breakout confirmation. Upon successfully clearing $99,600, Bitcoin is poised to rally toward the $115,000–$117,000 zone, marking the next major bullish target. This setup aligns with broader market expectations, signaling significant upside potential.
As always, market conditions should be monitored closely for any changes in structure or sentiment. Let us know your thoughts on this view and how you’re approaching the current Bitcoin landscape.