Consolidation Phase: Price is trapped in a tight range (142.26–142.39), signaling a pause in trend. Breakout Watch: A move above 143.85 or below 141.80 could signal directional momentum. Trader Strategy: Short-term: Range-bound trading (buy near 141.80, sell near 143.85). Long-term: Wait for breakout confirmation.
If BTC breaks $85,601.68, it may continue an uptrend. If it fails and drops below $83,934.87, BTC could test $82,437.57 as support.Current price action suggests bullish consolidation, but a breakout confirmation is needed.
The chart suggests uncertainty in SOL’s price movement. A break above key resistance (around $160–$170) could confirm a bullish trend, while failure to hold above $120 may lead to further decline.
The U.S. Dollar Index (DXY) has exhibited a 1% increase over the past three trading sessions. However, the index remains structurally weak unless it successfully breaches the 108 resistance level. Conversely, the key support level is positioned at 105.615. Due to trump tariffs policy, Fed annouancement.
IXIC has broken the critical support level of 19,395.88. If it fails to stay above this level, the next support levels are at 18,621 and 17,866. On the other hand, resistance levels are at 20,190 and 20,985. The market remains under pressure due to Trump's tariff policies. However, a positive development is expected in three weeks with the upcoming FED...
If SOL breaks above $153.99, further bullish movement towards $213.95 is expected. If SOL falls below $126.13, it could indicate a bearish continuation. March 17, 2025, might be a significant event for SOL, possibly tied to news, a major update, or technical pattern confirmation.