The Bitcoin chart shows a repeating pattern of consolidation lasting 215 days before each major upward breakout. This cycle has occurred multiple times over the past two years, with each accumulation zone followed by a strong bullish rally. Currently, Bitcoin is once again emerging from a similar 215-day consolidation phase, suggesting the potential for another...
BTCUSDT technical analysis update BTC price could drop to the GETTEX:89K –$91K range before moving higher. There's a CME futures gap at $90.7K, which may act like a magnet. BTC has strong support around $90K and may see a small pullback before reaching a new all-time high.
THETAUSDT has once again respected its long-term support zone, . This area has acted as a reliable demand zone multiple times in the past, leading to strong upward moves. The recent bounce from this level indicates continued buyer interest and potential for a bullish reversal. If the current momentum sustains, we could see a move toward the $2.00–$2.50 range in...
SNXUSDT Technical analysis update SNXUSDT has been trading inside a clear descending channel for the last 1700 days. Recently, the price touched the lower support of the channel and is now showing signs of a bounce. If the current momentum continues, SNX could move upward toward the upper resistance of the channel. A breakout above the upper trendline would be...
SUSHIUSDT Technical analysis update. SUSHIUSDT has respected a strong horizontal support zone for several years, as shown by multiple successful retests. Every dip into this support area has triggered a notable bounce. Currently, SUSHI is once again bouncing off this major support, and the price action suggests potential for a larger bullish move ahead. Before...
VANUSDT Technical analsysis update VANA has been forming a symmetrical triangle pattern over the past 90 days on the daily chart. A bullish move is expected once a breakout occurs. Additionally, a bullish MACD crossover happened a few days ago. Let's wait for a breakout above the triangle resistance for bullish confirmation.
BTCUSDT Technical analysis update -March 2024 resistance is now expected to act as a strong support level. -The price has touched the 0.618 Fibonacci retracement level, suggesting a potential reversal from this zone. -The 200 EMA on the 2-day chart is positioned as a strong dynamic support, reinforcing the bullish case. We can expect a bounce from the $72-75k level.
MANA is currently testing a long-term descending support trendline on the weekly chart. This level has acted as a reliable bounce zone multiple times in the past (highlighted with arrows). -Price is holding above a major support level (~$0.21), showing signs of demand. -Weekly RSI is forming a bullish divergence, with higher lows on RSI vs. lower lows on price —...
Chart shows the daily Ethereum (ETH) futures on CME, highlighting three significant CME futures gaps—areas where price jumped due to the weekend market closure. These gaps are key zones where price has historically returned to “fill” the missing trading activity. Gap 1 at $1,770 is the most recent and closest to the current price of $1,477, suggesting a possible...
The price of FLOKI has dropped back to an important level where it used to face resistance before going up. Now, this same level is acting as support, which could lead to a bounce. We also see a bullish divergence on the RSI, It often signals that selling is slowing down and a reversal might be coming. If the price holds above this support zone, we might see a...
PNUTUSDT Technical analysis update PNUTUSDT is breaking out of a wedge pattern on the daily chart after three months of formation. We also observed a bullish RSI divergence in the daily timeframe, along with a MACD bullish crossover a few days ago. A 50–100% move could be seen in the mid-term.
VINEUSDT Technical analysis update VINE has formed a triangle pattern at the bottom, and the price is about to break the triangle resistance. The 100 and 200 EMA are also about to form a bullish crossover. A bullish confirmation will occur once the price breaks out of the triangle formation.
The above chart presents a macro view of Bitcoin’s monthly price action, showcasing the historical pattern of bull and bear market cycles. Each green box highlights a bull run lasting approximately 35 months (or 1,066 days), a consistent duration seen in the previous two cycles from 2015–2018 and 2019–2022. The current cycle, which began in late 2022 or early...
TIAUSDT Technical analysis update TIAUSDT has been trading within the longest descending channel. The price has once again touched the channel support and also retested the November 2023 support level or bottom. A strong bounce from this zone is likely, and we could potentially see a 100–150% move from the current level.
DENTUSDT is trading at a strong support level on the weekly chart. This same area has been tested several times in the past, and each time the price bounced back up. Once again, the price has reached this support zone and is starting to show signs of a possible bounce. As long as the price stays above this support area (around 0.00050–0.00060 USDT), there's a...
BTCUSDT Technical analysis update BTC price is currently retesting its major support zone, which was previously a strong resistance area, now acting as support at the $70K–$75K level. The price has just touched the $75K support zone, and we can expect a consolidation above the $70K level followed by a potential bounce back or a V-shaped recovery from the current...
MEWUSDT Technical analysis update -MEWUSDT is trading within a pennant pattern on the daily chart. -The price is currently above the 100 and 200 EMA. -A bullish crossover between the 100 and 200 EMA could occur soon. -There has been a notable increase in trading volume in recent days. -The price is approaching a key resistance level on the volume profile and...
FETUSDT Technical analysis update FET/USDT is currently trading at its major support zone. Key observations: -The resistance from March 2022 and March 2023 is now acting as support. -The daily chart's RSI has dropped below 30, indicating oversold conditions. -A bullish MACD crossover has occurred below the histogram. -A bullish divergence is visible in the RSI...
