ETH/USDT Bearish chart below $2660 so what next?$ETH/USDT Technical Analysis
CRYPTOCAP:ETH is trading around $2640, with a strong Bearish Order Block near $2660—high probability of rejection. If $2660 holds as resistance, a retracement toward $2450 is likely.
Note: A 4H candle close above $2660 will invalidate the setup, and I'll close my ETH/USDT short position.
Support: $2450 / $2300
Resistance: $2660
Blockchain
$ETH Flag Pattern Alert: Below $2000 or Above $3300 for Bull RunCRYPTOCAP:ETH Flag Pattern Alert: Below $2000 or Above $3300 for the Next Bull Run
Bullish Outlook: #Ethereum is forming a bullish flag pattern, but the real confirmation will come with a breakout above $3300. Until then, don't fall for potential fakeouts.
Entry Strategy: Consider buying below $2000 if prices dip. A sustained breakout above $3300 could propel #ETH toward $10,000.
Support: $2200/$1500
Resistance: $3300/$4000
Watch Out: Keep a close eye on price action before making high-leverage trades.
POPCAT/USDT Forming Bull Flag: Expecting Target $2Popcat ($POPCAT) Soars to New High: $0.576625
Popcat, the first cat-themed coin to hit a billion-dollar market cap, has reached a new all-time high of $0.576625
Thanks to its unique positioning and strong community backing, #POPCAT has seen rapid growth, and many believe it could soon hit $1.
While the market is volatile, the Popcat community is buzzing with excitement and optimism!
Chart Analysis:
According to the chart, POPCAT has formed a bullish flag and completed a breakout, suggesting a 250% potential gain from the breakout level. It could reach $1.80 soon, but remember to set your stop loss.
Stop Loss: $0.4390
Note: This is a high-risk coin, already up 500% in just 13 days. Avoid investing big money.
Let's see how Popcat performs in the coming days!
ENA/USDT Ready to Upward move toward $2.5 ( 200% )ENA/USDT Chart Analysis Update
XETR:ENA has just made a significant move, breaking through the resistance line of a bullish flag pattern. This breakout is a crucial indicator of potential upward momentum in the near future.
Breakout Point: $0.89 ✅
We're now watching closely for a retest of the breakout level to confirm the strength of this move. If the retest is successful, we anticipate further bullish activity.
Target: $2.50
This target is set based on the dimensions of the bull flag pattern, projecting substantial growth.
Stop Loss: $0.78
To manage risk effectively, a stop loss has been set just below the recent support level.
$FIL Bullish Breakout Toward $200 TSX:FIL Bullish Breakout Toward $200
1⃣ Bullish Breakout + Retest Confirmed As Per Chart
2⃣ Possible playout chart for #Filecoin
3⃣ Also Formed Inverse H&S Pattern and Broken + Retest Confirmed in HTF
4⃣ #FIL Long Term Targets: $27/$64/$117/$185
5⃣ Best Accumulation If Hard Dip = $7-$6
RT/Like if you Agree with My Trade Setup.
NFA
EDU/USDT Bullish Scenario Chart AnalysisEDU/USDT Chart Analysis: Long-Term Bullish Outlook! NYSE:EDU
EDU/USDT chart is looking quite promising for a long-term run!
I am currently seeing a pattern:
Accumulation ➡️ Breakout ➡️ Fly ➡️ Resistance ➡️ Re-Accumulation ➡️ Pump Hard.
This exciting scenario could unfold soon, so buckle up!
At the moment, EDU is trading at a major resistance level of $0.80.
If this resistance is broken, we can expect a massive upward rally.
However, if it retests from here, the price could enter a Re-Accumulation Range, presenting a fantastic entry point for those looking to hop on the EDU train.
In the near future, we're anticipating a $1.40 target, and we're bullish on EDU in the long term.
With the potential to soar above $5
Ethereum Symmetrical Triangle Chart Analysis #Ethereum Symmetrical Triangle Analysis CRYPTOCAP:ETH
#ETH is currently forming a symmetrical triangle, presenting a potential breakout or breakdown scenario.
A successful breakout above the $2340 level indicates a bullish trend till $3000 Target.
But
Conversely, a breakdown below the symmetrical triangle support at $2200 suggests a bearish trend And Traders should be prepared for a potential retest of the $1500 level in this scenario.
- Avoid Blind Trades:
- Trade with confirmed signals.
- Utilize technical analysis for precision.
Bitcoin Bull Market Target And Bottom Analysis Bitcoin Weekly Chart Analysis
Current Status: Expansion Block
#BTC is currently navigating within the expansion block, and signs point to a potential rejection around the $47,000-$48,000 range.
Red Box: Correction Block
Anticipating a correction phase, with a possible retracement to $31,000 if Bitcoin faces rejection at the $48,000 level.
Retracement Scenario: Opportunity Beckons
Following this retracement, we brace ourselves for the next bull run. This dip could present excellent buying opportunities for astute investors.
Next Bull Run Projection: Green Box
Envisioning a bullish zone in the green box, with expectations reaching around $150,000 in the next significant uptrend.
Key Levels:
Support: $31,300
Resistance: $47,000-$48,000
Ethereum Price Prediction Ethereum price trades in a clear consolidative trend on the weekly time frame between $1,933 and $2,141 barriers.
The daily chart for ETH shows a sweep of Monday’s high is likely to be followed by a sweep of Monday’s low at $1,985.
If Bitcoin price undergoes a steep double-digit correction, Ether could also slide to $1,933 and $1,829 support levels.
aiRight 20x Potential in Long Term Analysis10x-20x Potential Coin #aiRight
Unleash the Power of AI Oracle for:
- Authenticity
- Copyright Protection
- Fair Royalties on-chain
Create, Trade, and Tokenize Unique Artworks in a Transparent & Trustless NFT Ecosystem!
Current Price: $0.0029
Bull Flag Breakout Confirmed!
Entry Points:
1️⃣ $0.0028-$0.0025
2️⃣ $0.0015-$0.0020
Targets:
- $0.0075
- $0.021
- $0.04
Note:- Invest an amount small enough that you can forget about it for a few years.
Follow us for more GEM Analysis.
LAI/USDT: This is 20x Potential in Bull Market but Why ?LAYERAI/USDT Technical and Fundamental Analysis:
#LAYERAI - Unlocking the Power of AI and Taking Control of Your Data
Technical and Fundamental Analysis: Strong
10x-20x Potential Gem
Breaking Resistance Levels
Best Accumulation Zone: $0.008-$0.009
Why Invest in #LAYERAI?
Layer AI is an innovative AI-based project that empowers individuals to reclaim control over their online data. Monetize and sell your data to tech giants like Google, Amazon, and Meta, unlocking the true value that belongs to you.
How to Get Started:
Accumulate Smartly: Start accumulating in the best zone of $0.008-$0.009.
Risk Management: Invest a small fund due to the critical role of risk-reward in cryptocurrency.
Follow us for More crypto quality analysis.
Thank you
Bitcoin Weekly Chart Analysis: Navigating the Bearish LandscapeBitcoin Weekly Analysis: Navigating Market Dynamics
Overview:
Bitcoin is currently navigating a complex technical landscape, marked by a bear pennant on the high-time frame (HTF) and resistance at the upper boundary of a rising wedge.
Bearish Sentiment:
Bear Pennant Formation: Bitcoin is ensnared in a bearish pennant, signaling a challenging market sentiment.
Rising Wedge Resistance: The cryptocurrency faces resistance at $38,500, aligning with the upper boundary of the bearish rising wedge.
Potential Scenarios:
Confirmation at $38,500:
High probability of a downward trend.
Potential Liquidation Wick at $46,000:
A strategic level for liquidating high-leverage positions.
Support & Resistance:
Support Zone: $29,000-$30,000 within the rising wedge.
Resistance Levels: $38,000 and $46,000.
Key Considerations:
Caution Advised:
Exercise prudence and conduct thorough research before making any trading decisions.
BTCUSDT ( 5% CORRECTION TOWARDS $33000 )Bitcoin looks like it wants to pull back before advancing higher!
CRYPTOCAP:BTC appears to have formed an ascending triangle on the hourly chart. As #BTC
trades below the hypotenuse, the odds increase for a 5% correction toward $33,000.
#bitcoin #cryptocurrency #ethereum #blockchain #priceaction #technicalanalysis #onchain #btc #usdt #pull #analysis #linkedinmembers #investor #trader #TRADEWITH_RITIK
BTC/USD - Weekly OverviewThe world’s largest digital asset is facing consolidation for the past couple of weeks. On the technical chart, it has formed a consolidation range between FWB:27K to $29K.
Within the consolidation range, the price level is having support from the middle basis and resistance from the upper line as well. An opposite move could be a significant momentum signal.
The RSI level is showcasing negative nature (55.85), which means that BTC might again test the support present on the middle basis.
The level of consolidation could be identified through Historical Volatility which is currently just at 7.52.
Overall, Bitcoin needs to break above $30K and then $32K to resume its bullish momentum. On the contrary, if the profit booking momentum kicks in, it will have support at FWB:27K and FWB:25K , respectively.
BTC/USD - Weekly OverviewThe world’s largest cryptocurrency is now eyeing to break above the crucial mark of $30K. In the past week, BTC did face profit booking momentum which forced the price level to drop to $26.5K.
However, the level bounce-backed and currently maintains sustainability above 0.236 FIB level, which is a positive sign
The expansion in the width of Bollinger bands suggests that BTC might be ready for another potential upside.
For breaking above the $30K mark, the RSI level must sustain above 50 but currently showcasing negative nature.
Overall, BTC bulls will face resistance at $30K and $32K. On the contrary, if the profit booking momentum again kicks in, support levels can be placed at $27K and $25K.
BTC/USD - Weekly OverviewThe world's largest cryptocurrency developed a much-needed sustainability above the FIB level of 0.236 FIB level.
However, MA-20 looked vulnerable facing a negative crossover against MA-50. This may result in a breakdown below 0.236 FIB level.
The RSI level also showcased its negative nature while residing at the level of 36.72.
Overall, the support levels for BTC can be placed at $26K and $24K. While the resistance levels can be placed at $30K and $32K.
BTC/USD - Weekly OverviewThe past week for Bitcoin turned out to be fundamentally negative as crypto-friendly and related banks collapsed. However, at the time of writing, the world’s largest cryptocurrency showed symptoms of recovery as the weekly loss stood at just around 1.00%, even after suffering a dip below the crucial mark of $20K.
On the Fibonacci retracement table, the 0.5 FIB level acted as a strong support zone for BTC while it currently faces resistance at the 0.786 FIB level.
Technical indicators including the RSI and MACD have shown significant build-up for a positive bounce back.
Overall, BTC is facing resistance at $23K and $25K, while the support levels can be placed at $20K and $18K.
BTC/USD - Weekly OverviewBitcoin faced significant resistance from the crucial psychological mark of $25K during the past week. Due to the pullback by the resistance mark, its weekly performance is facing a loss of approximately 6.00%.
MA-10 has faced multiple negative crossovers against both MA-20 and MA-50, respectively. It suggests that BTC is again entering into bearish sentiment.
However, on the Fibonacci retracement table, the level of 0.786 FIB level is proving to be a strong support level for the world’s largest digital asset.
Considering technical indicators, the RSI level has formed a falling channel pattern and looking vulnerable to a breakout to the oversold region. The MACD level has also faced a bearish crossover and currently forming red bars on the histogram.
Overall, the resistance level of $25K and $27K will play a crucial role for BTC this week. However, if the pullback continues, it can find support at $22K and $20K.
OP scalable L2 blockchain (passive)OP is a fast, stable, and scalable L2 blockchain.
The growth shown by OP is last few days is excellent. It might not be wrong to say OP is leading L2 blockchain because of growth.
This has a very bright chart ahead.
All goes well with BTC, we could see $4+ in no time.
Its very good to enter now, with a proper SL.