BTC Dominance Update by Cryptorphic 🚨 Crossover Alert 🚨 Looking at the current BTC Dominance chart, we can see that the 21 WMA (Blue) and the 50 WMA (Red) are moving almost parallel to each other. A key moment to watch for is when the 21 WMA crosses below the 50 WMA. This will be a strong confirmation of a potential trend reversal. 🔴 Historical Context: -...
#Bitcoin : BTC is in a tight spot right now. It failed to break above the 50 and 100 EMAs and is currently trying to hold above the 200 EMA. That’s the last major support keeping it together at the moment. The good news? We’re likely approaching a bottom soon. Let’s see how the weekly candle closes. Close below 82k will be a bad signalling the short term....
#BTC has reached our key resistance zone, the exact area I've been highlighting since last week. So far, we've seen a clear rejection from this level. Bitcoin still needs more momentum to break above this zone convincingly. As long as we remain below this range, it won’t be smooth sailing for BTC or altcoins. 📊 I’ll be sharing some important altcoin charts...
📊 ETH/USDT Weekly Chart – Bullish Bounce! Ethereum just printed a strong bounce from the macro ascending trendline, holding structure since 2020. This confirms continued bullish strength on the higher timeframe. 🔥 🔹 Key Highlights: Price is pushing up slowly to hit the major weekly resistance around $2800. Next bullish target: $2,800 resistance zone, also...
🚨 FOMC Day Update – March 19, 2025 🚨 BTC at ~$83,244 (+0.28%–1%) as markets stay cautious. Fear & Greed at 23, RSI at 44.05 = neutral momentum. While BTC is trading below all significant EMs, 50 100 and 200, It has broken above the 21EMA which is bullish for the short term. Fed likely to hold rates at 4.25%–4.50% (99% odds) – a surprise cut could ignite a BTC...
BTC has successfully cleared the Fair Value Gap (FVG) from October 2024. The range has been tested, and we are now witnessing some sideways movement in lower time frames (LTF). The $93.2K level remains the most critical resistance for now. Historically, Bitcoin has seen 29% to 32% corrections right before the final wave. It's also important to note that the...
BTC Trade Setup – LTF Breakout Bitcoin has broken out of an Inverse Head and Shoulders pattern and is currently retesting the breakout level. Entry: Opened a small long position after BTC confirmed the breakout. Stop Loss (SL): $81,660 (Invalidation level) Targets: - $84,600 - $85,880 - $86,958 - $87,932 - $89,887 The setup looks solid for...
Ethereum ( CRYPTOCAP:ETH ) is currently trading at a 261-week-old support level, making this a crucial zone for the market. Earlier, ETH dipped to $1,754, a price level that has historically been significant. This could very well mark the bottom for ETH and potentially for altcoins. However, it's still too early to confirm. The next two weekly candles will be...
#BTC failed to break above resistance (old news, I know). For now, the 50-Week EMA is holding as support. We’re likely to bottom around $70K, which aligns with the CME gap and FVG across multiple timeframes. Patience is key. Do hit that .like button if you like these short, spot on updates. Thank you #PEACE
Solana is down 57% from its peak and is currently trading just below the 63-week support level. This is a crucial level! The last weekly candle closed right above the support, but for now, it seems we’ll need to wait a few more days for more clarity. It could either turn into a nice juicy dip or signal the start of a bearish price action. I personally think it's...
BTC is currently trading below the 50 EMA, 100 EMA, and 200 EMA in the 4-hour chart. This is not ideal for the price action, and $93k has now become a strong resistance level. The pattern appears to be setting up for a breakout soon. While it won’t be easy, it’s entirely possible we break to the upside. If there’s a break below, we could see a dip to $73k. Do I...
The entire market is at peak pain right now. The breakdown of key support levels signals further caution. • BTC is trading around $80K, struggling below the 200 EMA, which is technically very bearish in the short term. • Daily Fair Value Gap (FVG): $70,577 to $74,416 – a crucial zone to watch. • The recent channel breakdown adds to the...
#BTC is currently testing the 100 EMA on the 4-hour chart. A breakout above this level could ignite a rally toward $103K–$106K! However, a rejection would likely lead to sideways movement for the next few days before another attempt at $100K. #Crypto
Bitcoin remains stuck in a range, struggling to break above the 21 EMA and 50 EMA, while the 100 EMA provides support in the lower 90Ks. With key support around 93,400 and resistance near 98,700, the market remains indecisive. Currently sitting at support, as long as this level holds, the chances of BTC testing 98,700 remain high. What’s your take? Drop a...
Ethereum (ETH/USDT) on the weekly timeframe is consolidating within a large symmetrical triangle, nearing a crucial decision point. Price is currently testing the 100 EMA (blue) as support, while the 200 EMA (purple) remains below as a stronger long-term support level. Holding above the 100 EMA and ascending trendline could trigger a breakout towards the $3,800 -...
#BTCUSDT Broke out on the LTF, forming a structure similar to what we saw on February 3rd, 2025. Technically, it’s likely to hit GETTEX:98K , and then potentially $100k. The key resistance zone is currently at $102k, which is crucial. BTC is also trading right at the support level on both the LTF and HTF, which are positive signs. All we need now is a bit more...
🚀 Alts are almost ready for a rally! 🚀 We’re approaching the resistance zone on the BTC dominance chart, which has historically led to strong rejections and market-wide rallies since May 2017. The index has already reached a 64.34% high. We could see another push to this level, potentially forming a double top on the lower timeframes, followed by a slight...
ETH is holding strong at a legendary support level that has been valid for the past 1536 days. This is a critical level, and the way ETH is maintaining this support suggests that altcoins may soon start recovering. Historically, bounces from these green zones have triggered rallies across the market. Focus on altcoins with strong news through Q2, or you can...