Putting it All Together
Short Rationale:
Price reached a strong resistance zone (red horizontal line and/or upper yellow channel boundary).
The momentum likely shifted bearish on shorter timeframes, prompting a short entry.
Targets: mid-channel or a clearly defined horizontal support area (white lines).
Long Rationale:
After the short trade closes (somewhere...
Below is a high-level technical analysis of the chart you provided (labelled “FARTCOIN / TetherUS Perpetual Contract — 4H, Binance”), based on what is visible in the screenshot and referencing common Smart Money Concepts (SMC) and price action principles. Note: this analysis is for educational purposes only and does not constitute financial advice.
1. Market...
BTC/USDT Trading Plan (Daily Chart) – March 29, 2025
Market Structure & Trend:
Bitcoin is currently in a bearish retracement after failing to hold above the $95K supply zone.
AS YOU SEE , Price has broken key structures, signaling further downside potential.
Immediate support lies around GETTEX:82K , with a strong demand zone between $75K and $69K.
...
XRP/USDT 4H Chart Analysis
Key Observations:
Symmetrical Triangle Formation
The price action is forming a symmetrical triangle pattern, indicating a potential breakout.
The triangle’s apex suggests a significant move in the coming days or weeks.
Key Support & Resistance Levels
Support: Around $2.1292 - $2.1680
Resistance Zones:
Immediate resistance at...
