✅ Observations from the Chart
1. Long-Term Support Zones:
• Three key areas are circled (around 2016–2017, 2019, and 2024–2025).
• All three touch similar levels, around 0.022–0.024 BTC/ETH, indicating a strong historical support zone.
2. Previous Rebounds from This Level:
• Each time price hit this zone in the past (2016 and 2019), it triggered a strong...
🧠 BTC Dominance and the “Double Top” Pattern
1. What is a “Double Top” in BTC Dominance?
A Double Top is a bearish chart pattern formed by two peaks near the same resistance level. If the price (or dominance in this case) breaks below the neckline (middle support), it signals a potential trend reversal from bullish to bearish.
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2. Is BTC Dominance forming a...
SUI/USD Weekly Analysis: Price Trend Through Trendline, Fibonacci, and Market Behavior
This article analyzes the price behavior of the SUI token against the US Dollar (USD) on a weekly chart using key technical tools such as trendlines, Fibonacci retracement/extension, moving averages (EMA), and momentum indicators like Stochastic RSI and traditional RSI. These...
Ethereum (ETH/USD) Weekly Chart Trend Analysis Using Trendline, Fibonacci, and Technical Indicators
In this article, we analyze the overall trend of Ethereum (ETH) against the U.S. Dollar (USD) based on the weekly chart using essential technical tools such as trendlines, Fibonacci retracement/extension, moving averages, and key indicators. These tools help...
