Trend Breakout: A break of the local downtrend signals potential reversal. 4H S/R Flip: The 4H support/resistance level flipped bullish, confirming buyers' intent to take control. 4H EMA Bullish Crossover: Short-term EMAs have crossed bullish, supporting upward momentum. Speculative Interest: The coin shows potential for a sharp pump driven by speculative activity.
SPARKS:VIRTUAL has shown impressive growth recently, but momentum is fading. Daily RSI peaks are trending lower—not a bearish divergence, but a sign of cooling off and a likely correction. Price is nearing an untested 12H demand zone (Order Block), a strong potential area for long positions. Narrative and Market Outlook: The AI narrative remains strong, yet...
The BINANCE:ETHBTC pair remains in a long-term uptrend on the #1W chart, despite the recent retracement. Key Levels to Watch: Support Zone: 🟢 0.033–0.037: Strong support backed by high volumes on previous tests. This area has consistently shown resilience. Resistance Zone: 🔴 0.0397: A critical level. A breakout and weekly close above this will signal...
Key Resistance & Support Zones: Resistance Zone (~$99,900): This level aligns with multiple technical factors: Daily Order Block (OB) Point of Control (TPOC) Range High Liquidity Grab (SFP) This area presents a strong technical case for initiating short positions, given the weakening buying momentum at higher levels. Support Levels: $97,000:...
Current Dynamics: CRYPTOCAP:DOT has reclaimed a critical #1W S/R level and is trading above the 1W 100EMA, signaling strong bullish momentum. The $6.5–$7 consolidation zone looks healthy and could act as a solid base for the next upward move. Key Levels to Watch 1️⃣ Resistance: $10.35: A significant barrier, tested three times since 2022 but not yet...
MIL:WLD appears to be flipping the 1W support zone that once fueled a parabolic run last year. A confirmed hold above this area can renew bullish momentum. Any sustained move below it would raise caution. This level acted as a springboard in the past, suggesting that similar strength might emerge if demand returns. Potential Spot Entry: $2 – $1.85 The price...
Current Dynamics GETTEX:HYPE is experiencing a correction following resistance above the $30 level. Price action is moving downward, testing zones of imbalance and liquidity. The ongoing correction is forming a structure conducive to future growth. Liquidity zones between $22-23 are particularly important, offering potential opportunities for long entries....
The market structure for MIL:GOAT signals a possible shift. Yesterday’s low was swept, and price reclaimed a 4H OB cluster. This level could act as support for bullish continuation. Key Level The S/R reflects the 4H OB cluster. A solid defense of this zone supports an upside move. Any close below it weakens the bullish argument, indicating sellers may regain...
The current zone is pivotal for confirming the bearish scenario on BTC.D. Key Points: - Death Cross on the 12h chart confirmed last week. - PA is retesting EMAs after the cross, increasing the likelihood of further downside. - This is a zone to add positions if weakness confirms. Main Scenario: 1. Retest completion → continued downtrend. 2. Major support lies...
Let’s cut the FOMO and look at the chart objectively: It’s hard to say if price has spent enough time in the discount zone for proper accumulation. The current bounce could very well be just a short squeeze—something to keep in mind. ICP is #5 in my HODL portfolio, and I’ll gladly add more at $5 and $3.7 if the opportunity arises. 🎯 Short-term target: Breaking...
1D Chart Key Levels: 1️⃣ Fractal low + RB: $88,722 2️⃣ FVG 1D: $85,000-$81,500 + 0.5 Fib retracement of the local impulse. A potential ABC correction to these levels is likely. Watching for new variables as price action unfolds. 1W Chart Key Levels: Previous ATH (fractal high): $73,777 Two major FVGs: $89,376-$81,500 and $80,216-$73,620 Outlook: Given the...
If the price closes below $88,000 for two candles, I’ll reduce exposure. Watching for reactions at $83,900 and $76,900 to decide on increasing positions.
PRCL is currently in a downtrend. There was a test of the trend reversal point at $0.29, but the overall market sentiment remains bearish. Selling is the priority under the current conditions. 🔽 Short Position Strategy The main strategy is to focus on short positions, aligning with the prevailing downtrend. Entry Points for Short Positions: Upper Weekly Fair...
The scenario remains valid. ZK is still in a downtrend, and we're looking for potential entry points for short positions. 🔽 Short Position Strategy Entry Opportunities: Look for entries into short positions at newly formed daily FVGs. Consider entering short positions if there's a short squeeze pushing the price into the $0.15 - $0.20 zone. This is...
We have broken through the resistance at $0.26, but the asset remains in a downtrend . Potential Reversal Scenario Break and Hold Above $0.3548: A close above $0.3548 on at least the 1-day (1D) timeframe, preferably on the 1-week (1W) timeframe, could indicate a potential trend reversal. Impulsive Move to FVG Zone $0.45 - $0.61: An even stronger reversal...
The scenario from the previous update remains intact. The $65,000 range was identified as a selling zone, with downside targets down to $42,000. Look for short setups on the daily timeframe from newly formed fair value gaps (FVG). A short squeeze is possible, with support found around $58,000 before a break above $65,000. Targets from $68,000 to $73,777 will open...
The cryptocurrency market is poised for a correction sooner or later. By examining USDT Dominance (USDT.D), we can see a scenario unfolding where the dominance continues its decline to 5.26%, which roughly correlates with Bitcoin reaching $65,000. Detailed Analysis No Reaction at 5.5% Level: The expected market response at the 5.5% USDT.D level didn't...
Bitcoin is approaching a critical level at $65,000, where significant selling volume is expected. The market's reaction at this point will largely depend on the timeframe in which this volume appears, setting the stage for Bitcoin's next targets. 📝 Scenario 1: Volume Validation on the 1D Timeframe In the worst-case scenario, if the selling volume is validated...