Crypto market
Wave Pattern: Complex Correction (Triple Three) on BITCOINThe price action on this BTC chart displays the characteristics of an overlapping, sideways, and downward-drifting nature of the price swings strongly indicates a complex corrective pattern. The most fitting pattern is a Triple Three, denoted as W-X-Y-X-Z. This is an extended consolidation pattern composed of three simpler corrections (W, Y, and Z) linked by two intervening waves (X).
Most Probable Next Moves
Based on the identification of the market being at the end of a second Wave X, the following are the most probable scenarios:
Primary Scenario: A Decline in Wave Z
The highest probability path is a decline in Wave Z.
Immediate Move: The price is expected to turn down from the current resistance area (the peak of the second Wave X, roughly $110,600).
Structure of the Move: Wave Z will itself be a corrective pattern, most likely another zig-zag (structured as A-B-C down).
Price Target: A common characteristic of a Triple Three is that Wave Z will often push to a new low for the entire structure. The chart's pre-marked "NEAR TERM TARGET" at $97,021 is a logical objective. This would involve breaking below the previous Wave Y low of $98,225.
Alternative Scenario (Less Likely)
A less probable scenario is that the entire W-X-Y correction completed at the June 23rd low. In this case, the rally since then would be the beginning of a new impulsive uptrend (Wave 1). This is considered less likely because the rally from late June to early July appears corrective and lacks the powerful, non-overlapping structure typical of a new impulse wave. For this scenario to gain credibility, the price would need to decisively break above the major barrier at $111,897.
Bitcoin Dominance Nearing a Top โ Altseason Incoming in JULYBitcoin Dominance (BTC.D) is approaching overbought levels on several key oscillators across multiple timeframes. While the 1-Week chart still shows momentum that could push BTC.D slightly higher over the next few weeks, the indicators are signaling an upcoming shift.
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Timing the Rotation:
We're eyeing mid to late July as the likely window for a rotation into altcoins. This would mark the beginning of a potential mini altseason, where top-performing altcoins could outpace Bitcoin for a limited but lucrative period.
๐ผ Strategy Insight:
This could present a strong opportunity to trim or exit older alt positions from earlier in 2024โespecially if they rally hard during this period of temporary dominance weakness.
๐ Watch the oscillators and volume trends closely. The BTC.D reversal could be subtle at first but may lead to outsized moves in select alts.
Important Update on USDT Dominance.USDT.D Weekly Chart Update
Hereโs an important update on USDT Dominance (USDT.D) on the weekly timeframe.
USDT.D has been showing signs of rejection lately, which is a positive signal for the market โ although itโs definitely testing our patience. BTC is hovering around the $108K range, and it could accelerate at any moment, even without any major announcement.
According to the chart, we could see a potential 30% drop in USDT.D, which would give BTC enough room to push toward a new all-time high, likely followed by a strong bullish move across altcoins. If this scenario plays out, be prepared for some exciting weeks ahead.
However, if dominance turns green from the current level, it will still have to contend with the resistance trendline at around 5.66%. Therefore, for now, I will remain focused on the bullish side.
Trade safely.
Banana zone starts when PMI is above 53.Check your charts to verify this fact.
Total 2 with the US Purchasing Managers Index overlain.
The PMI is one of the most reliable leading indicators for assessing the state of the U.S. economy.
Previous Banana zones have coincided with the PMI above 53.
so not just when the economy is growing, but when the economy has entered humming along approaching full acceleration.
This is when most people will feel confidence and WANT to take on more risk as they are most optimistic about the future when the economy is in this state of being.
STX/USDT Weekly Outlook Golden Accumulation Zone
๐ Overview:
STX (Stacks) is currently retesting a crucial demand zone in the $0.63 โ $0.72 range โ the same area that previously served as the launchpad for a massive rally toward the $3.80 highs. This chart highlights a strategic opportunity for swing traders and long-term investors who understand market cycles.
๐ง Price Structure Insight:
A well-established demand zone (highlighted in yellow) has acted as a base of accumulation since late 2022 through mid-2023.
Price is now consolidating above this zone, suggesting a potential bullish reversal.
A potential Double Bottom pattern is forming, with a neckline around the $1.00 level โ a breakout above this could spark a significant bullish impulse.
๐ข Bullish Scenario (Upside Potential):
If STX maintains support and bounces from this accumulation zone, we could see a stair-step rally toward the following targets:
1. $0.90 โ $1.00 โ Psychological resistance & neckline of reversal pattern
2. $1.2975 โ Historical supply and consolidation area
3. $1.9447 โ Previous lower-high resistance zone
4. $2.20 โ $2.71 โ Key Fibonacci retracement levels from prior highs
5. $3.66 โ $3.84 โ All-Time High resistance, long-term bull target
๐ A confirmed weekly close above $1.00 would significantly strengthen the bullish thesis and validate the reversal structure.
๐ด Bearish Scenario (Downside Risk):
If price breaks down below $0.6380, this could invalidate the current structure and lead to deeper corrections, targeting:
$0.45 โ Minor support from early 2023
$0.20 โ Historical macro bottom and extreme support
โ A breakdown below this accumulation zone could trigger a longer-term bearish continuation.
๐ Strategic Trading Notes:
This is a high-probability reversal zone, ideal for gradual accumulation (DCA) or swing entries with tight stop losses below support.
Watch for a spike in volume as a signal for institutional or smart money involvement.
Confirmation from bullish candlesticks (e.g., bullish engulfing on weekly) could provide additional entry confidence.
๐ Conclusion:
STX is testing a key structural level that previously led to exponential price growth. As long as the $0.63โ$0.72 zone holds, the mid-to-long-term bias remains bullish. However, traders should remain disciplined and responsive to any invalidation signals.
#STXUSDT #Stacks #CryptoAnalysis #AltcoinSetup #TechnicalBreakout #WeeklyChart #BullishReversal #AccumulationZone #SmartMoney
BNB ATH to 2k
At least 1200 imho
Binance continues to be one of the most profitable crypto exchanges globally.
It saw strong year-over-year revenue growth in 2024, though slightly below its high mark in 2021.
Significant profit in just the final quarter suggests savvy cost management and peak market conditions.
Will PEPE/USDT Reach $0.000011?PEPE coin is showing signs of technical strength amid renewed crypto market optimism. It is currently trading around $0.000009890 with a modest rise of over 1.69% in the past 24 hours but still remains within a tight consolidation range. This hints towards a potential breakout, offering a potential upside of more than 50%.
The PEPE price has been trading within a descending parallel channel but has formed a small ascending parallel channel within
Interestingly, the CMF is dropping while RSI is making every attempt to keep the price elevated, holding the ascending support
This suggests that the strength of the rally is coiling up but the money flow into the platform has decreased
This may place the PEPE price at a crucial juncture as the token is required to break out of the resistance of the main channel to sustain within the ascending trend channel. Hence, the upcoming weekend could have a huge impact on the PEPE price, as a rise above $0.00001 could invalidate the bearish thesis.
DYDX Breakout from Falling Wedge | Targeting $1.60+# DYDX Breakout from Falling Wedge | Targeting $1.60+
๐ **DYDX/USDT Analysis โ Daily Timeframe**
DYDX has just broken out of a falling wedge pattern โ a classic bullish reversal formation โ after holding a strong support zone around **$0.50**. This zone has acted as a reliable demand area for several months.
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๐ **Technical Highlights:**
- โ
Falling wedge breakout confirmed with daily candle close above resistance
- ๐ข Strong support at $0.50โ$0.52
- โ ๏ธ Horizontal resistance at $0.75 may act as a short-term barrier
- ๐ Potential rally toward major resistance at **$1.60โ$1.70** (target zone)
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๐ฏ **Profit Targets:**
- First Target: **$0.75**
- Final Target: **$1.60 โ $1.70**
โ **Invalidation (Stop-loss idea):**
- If price breaks below $0.48 with volume, the bullish scenario may be invalidated.
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๐ This setup is based on breakout structure and potential trend reversal. If volume confirms, this could be the beginning of a new mid-term uptrend.
๐ฌ Let me know what you think about this setup! Would love to hear your feedback.
Link short setup tradeAS previous short setup hits the tp but actually first manipulation to hit the sl, now closely monitor the trade and manually close if 4hr candle closes above the mentioned point, overall I'm bearish on whole market, needs to take a correction before another leg up, until unless usdt.d breaks and closes below 4.59% on 4hrs tf market is bearish, you need to take short position intsead of long positions, when usdt.d reaches 4.63% open short on link, inj, eth and btc and hold till 4.80%-4.89%. I will open long if we break 4.59% and retest this, other scenario if we reaches 4.80-4.90% first no long positions for me from here.
Lingrid | SOLUSDT possible Channel BreakoutBINANCE:SOLUSDT is showing early signs of recovery after rebounding from the 127 support zone and reclaiming structure near the 140 level. Price is now consolidating below the red descending trendline, which acts as dynamic resistance. A breakout above 145 could confirm bullish reversal and target the 159 resistance zone as indicated by the star projection. The key lies in whether buyers can sustain pressure above the 140 zone.
๐ Key Levels
Buy zone: 138โ142
Sell trigger: break below 127
Target: 159
Buy trigger: breakout and close above 145 trendline
๐ก Risks
Failure to hold above 140 may lead to fresh lows
Downtrend may resume if price gets rejected at 145
Low volume breakout may signal a bull trap
If this idea resonates with you or you have your own opinion, traders, hit the comments. Iโm excited to read your thoughts!
renderwithme | BTC - Dominance about to hit resistanceBitcoin dominance (BTC.D), which measures Bitcoinโs market capitalization as a percentage of the total cryptocurrency market cap, is a key indicator of market sentiment and capital flow between Bitcoin and alt coins . As of July 5, 2025, recent data and technical analysis suggest Bitcoin dominance is at a critical juncture, with potential shifts in market dynamics for the upcoming week. Below is an analysis based on current trends, historical patterns, and technical indicators.Current State of Bitcoin DominanceCurrent Level: Bitcoin dominance is approximately 64.36% to 65.68%, based on recent data .
Recent Trends: Dominance has been testing a multi-year resistance zone between 66.5% and 69.5%
Historical highs in this range (e.g., 64.34% in early 2025) have often preceded pullbacks or altcoin rallies.
Chart indicate bearish signals, such as weekly bearish divergences and potential reversal candles, suggesting a possible decline.
Technical Analysis for Next WeekResistance and Support Levels:Resistance: The 66.8%โ67.2% zone is a critical resistance level, aligning with Fibonacci extensions and a long-term descending trend line. A failure to break above this could signal a reversal.
Support: Key support levels are at 61.90%โ62.20%, with a potential drop to 58% if bearish momentum accelerates.
Chart for your reference
Disclaimer --
This analysis is based on recent technical data and market sentiment from web sources. It is for informational purposes only and not financial advice. Trading involves high risks, and past performance does not guarantee future results. Always conduct your own research or consult a SEBI-registered advisor before trading.
#Boost and comment will be highly appreciated
BTCUSDT โ Accumulation Confirmed? Wyckoff Blueprint Playing Out Bitcoin continues to compress inside a defined range, resting above both a rising trendline and a former resistance turned support zone. This structure fits cleanly within a Wyckoff-style Accumulation Phase (B-C).
Weโre now at a critical moment where smart money may be absorbing supply, preparing for the next phase.
๐ Key Observations:
Range-bound price action with higher lows and muted volume
Spring-like wick and recovery from the bottom of the range
Support holding at prior breakout zone and ascending trendline
Structure shows signs of stealth accumulation with a possible breakout ahead
Sideways movement with fading volatility
Gradual compression within the range
Strong support defended multiple times (might make the support weaker as well !)
A potential spring/retest event may already be in play
Youโll see fakeouts, wicks, and hesitation in this phase โ designed to trap weak hands. But the underlying behavior points to preparation, not distribution.
The quiet before the markup. Let the market reveal its hand. ๐
Altcoins Near Key Support, Possible -20% Drop before reversal ?Sharing my analysis on the altcoin market cap (excluding BTC, ETH, and stablecoins) compared to BTC over the past 10 years
I have marked important zones (yellow circles) where altcoins have historically bounced after strong corrections.
Current Outlook:
- I expect a possible -20% more downside, bringing it near 0.22, which aligns with a key historical support zone.
- This level has acted as a strong base multiple times, in 2018, 2020 and 2021
What Iโm Watching:
- If price reaches that zone and holds, it could signal the start of the next altseason.
- Past patterns show similar moves before big reversals.
- However confirmation through volume and market sentiment is important before making any move
Final Note:
Not financial advice, just sharing what I see on the chart. If the ratio hits 0.22 and shows strength, it could be a key level to watch. Thanks
Link long - zoom in on weekly closeWe are approaching a breakout.
Maybe this week's close is the trigger that all the bulls (and altcoins) have been waiting for.
Generally speaking, I don't like trading Chainlink. Although if we see a weekly close just above 14.2, above the 20 MA, I think it could be a good investment entry.
I think Chainlink will be one of the utility coins that completely explodes before retail has time to react. A good weekly close is something that smart money probably would appreciate. If you think long-term, I think Chainlink is in a good position with good upside without any immediate big risk.
ETHEREUM TRADE PLAN!!!Ethereum still remains bullish, especially on the daily timeframe there's a +OB/BISI supporting the price.
My focus is on the "4-Hour TF" I want to see price revisit (BISI) level as a more favorable entry point for continuation. This level aligns with a key bullish order block, which I anticipate will draw price down before resuming the uptrend.