Ascending Support Trendline: The orange trendline is acting as dynamic support, showing higher lows. RSI Trendline Breakout (Bullish Signal 📈) The RSI downtrend has been broken (green circle), signaling potential momentum shift. RSI moving upward suggests buying pressure is increasing. RSI breakout + resistance test = bullish momentum building! Watch for a daily...
This chart shows a short setup on Bitcoin. 📉 Quick Analysis: 🔹 Timeframe: 15 minutes 🔹 Entry: Around $97,550 (red line) 🔹 Stop Loss: Around $98,043 (gray box) 🔹 Target: Around $95,825 📊 Key Points: ✅ Price rejected from a previous resistance zone and entered a liquidity area ✅ Strong bearish candles after hitting resistance ✅ Favorable risk-to-reward ratio ❓ Do...
From 47K to 113K – wild ride on the charts! CPI data meets BTC volatility. Is this the calm before the next storm? 👀
BTC is testing a key resistance zone after breaking down from an ascending channel. A descending trendline is acting as resistance, preventing further upside movement. The rejection from this level increases the probability of a bearish continuation. A potential breakdown could push BTC toward $93,000, aligning with a strong demand zone. ⚠️ Key Levels: 📌...
"Bitcoin gearing up for a breakout? 🚀 Long setup in play with strong bullish momentum. Targeting $102,500+ 📈 #BTC #Crypto #Trading #Bitcoin"
🔍 Bitcoin Price Analysis - Short Setup A potential short setup is forming on the 15-minute chart: 1️⃣ Entry Point: Below resistance, signaling the start of the short position. 2️⃣ Stop-Loss: Positioned above the resistance zone, ensuring risk management. 3️⃣ Target: A significant downward move to support at $95,833. 📉 The trend shows lower highs, suggesting...
Chart Insights: Timeframe: The chart appears to be on a 15-minute timeframe, showing intraday price movements. Key Levels: Resistance: ~$100,604 (red zone), which aligns with recent highs. Support: ~$99,328, marked by the lower boundary of the green area. Stop-Loss: Below $95,828, indicating the risk management strategy for this setup. Price Action: The green...
Overview: Bitcoin is currently in a consolidation phase within an ascending channel. It has retested a key support level at approximately $93,000, which aligns with historical demand zones. The chart also shows a descending triangle breakout, suggesting the potential for bullish continuation if key resistances are breached. Key Observations: Support...
🚀 PEPE/USDT Technical Analysis PEPE has entered a critical support zone after a sharp correction. Historically, this area has acted as a strong launching pad for significant upward moves (see previous rallies of 339% and 224%). Currently, price action is respecting the lower boundary of the ascending channel, showing potential for a bullish reversal. Should it...
After a powerful 5-wave rally, the price hit a strong resistance level and faced a sharp rejection. Now, with a clear double top pattern emerging and a 3-wave corrective structure taking shape, all signs point to a potential pullback towards the $57,549.05 region. Will the correction hold, or could deeper support levels be tested next? Stay tuned! #Bitcoin...
In order to complete the 3rd bearish wave, Bitcoin has broken the ascending channel and seems to be going for the target of $15,000.
In the 4-hour time frame, it has completed 5 downward waves with a positive divergence and can perform a 3-wave corrective movement up to the specified range.
In the lower time frame, 5-wave descending waves have formed The downward corner pattern is being completed and the price of 19,200 can be considered as the completion range of the corner and corrective wave B. If the pattern breaks at the end of wave C, the price range is 19,750 to 19,770.
Vet has finished his wave in the 4-hour 5-minute time frame and has also completed corrective waves A and B. It is currently trying to complete the corrective wave C The price range is 0.029 to 0.03 trading nodes and the resistance range. The completion of the C wave can also be completed in the same range.
According to the previous analysis presented, Ripple was able to see the said range to complete wave 4 At present, the roof of the downward channel and the resistance range along with the hidden divergence. The price can move up to the price range of 0.4 for the first downward step.
Solana is on its own wave 5 in the 4-hour time frame Currently, Solana is at the bottom of its short-term ascending channel and can correct up to the $38 range. The support range of $20 can be the completion of the 5-downward wave or a part of this wave. Solana can experience a price drop by forming the AB=CD harmonic alcove up to the support range of $20. With...
According to last week's analysis, Cardano reached the mentioned limits It is currently on the support range and can make a price correction upwards and then go towards the completion of wave C which is the price range of $0.33.
Ripple entered wave 4 in the 4-hour time frame after completing its downward wave 3, and we are still in wave 4 of correction. Wave 4 seems to have a 3-wave structural correction, with the last corrective wave (C) being made. The completion of wave (C) of the ripple can be within the green range and after we enter the descending wave 5