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Solana Might Rally Towards $220 Solana is currently forming a classic cup and handle pattern on the daily chart, which, when confirmed, is a strong bullish continuation setup. The cup formed over several weeks with a rounded bottom and volume decreasing midway through the base, which aligns with traditional pattern behavior. The current handle is consolidating as a downward-sloping bull flag. Volume is gradually tapering off during the handle — again, a textbook characteristic suggesting sellers are losing steam. A daily candle close above ~$153.30 on solid volume would confirm the breakout. That level also aligns with previous local highs, making it a key resistance zone. Once confirmed, the pattern implies a measured move target near $220, derived from the depth of the cup. Stop-loss could be a close below the previous local lows. What do you think of this setup? Would you enter on the breakout or wait for a retest?
COINBASE:SOLUSDLong
by HarshNotariya
3
NIFTY - 50 // 4 Hour Support and Resistance​As of April 24, 2025, the Nifty 50 index is exhibiting a neutral to slightly bullish trend. Here's a summary of the key support and resistance levels based on recent technical analyses:​ Newscast India 🔽 Key Support Levels 23,800: Identified as a crucial support level by multiple analysts. A breach below this could lead to further declines. ​ 23,400–23,450: Considered a significant support zone, with the 11 and 20-day exponential moving averages providing additional support. ​ 23,327: Marked as a strong support level, with the index recently reclaiming the 200-day moving average at 23,590. ​ 🔼 Key Resistance Levels 24,500–24,700: This range is viewed as a significant resistance zone, with analysts noting that a breakout above this could lead to further gains. ​ 24,000–24,125: Identified as immediate resistance levels, with 24,100 being a key hurdle for the index. ​ 24,600–24,700: Considered a resistance zone, with the 24,600–24,700 range acting as a significant resistance level. ​
NSE:NIFTYLong
by Ashwani123
POLUSDT - GEARING UP OR GIVING UP?Symbol - POLUSDT POLUSDT is currently trading within a defined range, exhibiting a counter-trend rally amidst a broader downward trend. A significant liquidity zone lies ahead, which may influence price action in the near term. A distribution pattern has emerged following a period of consolidation within the 0.1929 - 0.1750 range. The potential realization phase of this distribution may encounter resistance and possibly halt between 0.2280 and 0.2438, This scenario would be supported by signs of price exhaustion or a false breakout within this zone. Despite the recent local strength observed in Bitcoin, POLUSDT remains fundamentally weak. On the daily timeframe, the asset continues to trade within a broader selling zone, suggesting the market is currently accumulating liquidity in preparation for a potential continuation of the downward movement. From a technical standpoint, the ongoing upward correction may conclude with a false breakout at the resistance levels of either 0.2284 or 0.2438, potentially triggering a retracement or reversal. Key Resistance Levels: 0.2284, 0.2438, 0.2465 Key Support Levels: 0.2061, 0.1929 Should the price approach these resistance levels at the current pace, market momentum may diminish, potentially leading to a corrective phase or even a reversal, in alignment with the prevailing macro trend.
Short
by akshit_official
SOLUSDT - PRE BREAKOUT CONSOLIDATION - BREAKOUT ON THE HORIZON?Symbol - SOLUSDT CMP - 134.70 SOLUSDT recently exhibited a false breakdown near the lower boundary of its established range. The market responded positively, with price action recovering and consolidating just below a key resistance level. Bitcoin is also undergoing a consolidation phase. While both Bitcoin and SOL display similar movement patterns, Bitcoin has recently shown stronger correlation with equity markets and appears to be taking the lead. Currently, SOLUSDT is consolidating below a significant resistance zone around 134.00-136.00, The initial test of this level could result in a minor pullback - potentially toward the 0.5 Fib retracement or continued consolidation near resistance. However, a confirmed breakout followed by sustained price action above this consolidation range would be a constructive signal, indicating potential for further upward movement. It is important to note that a broader trend reversal is not yet in play, the focus remains on short-term price targets at 140, 147, and 152. Key Resistance levels: 147, 152 Key Support levels: 129, 123, 111 The overall macro trend remains bearish. Locally, the market is neutral, with price moving sideways within a defined range. The recent false breakdown beneath support may indicate a liquidity grab, suggesting the potential for price to move toward upper resistance zones between 147 and 152 in the short term.
Long
by akshit_official
NEIRO'S RESISTANCE RUN - IS A REVERSAL AROUND THE CORNER?Symbol - NEIROUSDT Among the limited number of digital assets currently exhibiting upward momentum, NEIROUSDT stands out. However, its primary drawback lies in its position near the lower boundary of its trading range. This suggests the potential accumulation of liquidity ahead of a further decline. NEIROUSDT is currently exhibiting signs of short-term strengthening, moving toward the upper resistance boundary of its consolidation range, while Bitcoin continues its corrective movement. A significant resistance and liquidity zone lies ahead at 0.000187, Any short-term gains could be undermined by a potential false breakout, followed by a reversal. It is important to note that the presence of a coin near its bottom does not preclude the possibility of further downward movement. There is still room for additional decline. Presently, the price remains confined within a consolidation range amidst a broader downtrend, with no convincing signs of recovery. The last upward move was met with considerable selling pressure, leading to a sharp pullback. Key Resistance Levels: 0.000187, 0.0002045 Key Support Levels: 0.000169, 0.000154 A false breakout above resistance, followed by a reversal toward the lower boundary of the range, is likely. Additionally, an extended consolidation near the resistance zone is not ruled out. During this phase, price may test the 0.00020 liquidity area before resuming its downward trend and potentially forming a new low.
Short
by akshit_official
ALCHUSDT'S CLIMB - PUMPING STRONG, RESISTANCE AHEAD!Symbol - ALCHUSDT Despite the prevailing bearish sentiment across the cryptocurrency market, ALCHUSDT stands out as one of the few assets demonstrating relative strength. However, the sustainability of this momentum remains uncertain, particularly in the face of upcoming resistance levels. Currently, a consolidation pattern is forming just below the breakdown threshold on the intraday timeframe, indicating a potential readiness for continued upward movement within the current distribution phase. A confirmed breakout above the 0.1590 resistance level is expected to trigger further bullish momentum, with the next key target situated in the liquidity zone around 0.1770. However, due to the strength and significance of this intermediate resistance, a false breakout and subsequent pullback-potentially towards the 0.1590 level or the 0.5 Fibonacci retracement - should be anticipated. Key Resistance Levels: 0.1590, 0.1770, 0.2300 Key Support Levels: 0.1516, 0.5 Fib retracement The current distribution phase has already seen a 53% expansion since breaking above consolidation resistance. By the time price approaches the 0.1770 level, this could extend to approximately 77%. At that point, the market may have exhausted much of its bullish potential, increasing the likelihood of liquidity absorption above 0.1770 and a subsequent reversal or correction.
Short
by akshit_official
DOGEUSDT AT CROSSROADS - BULL TRAP OR BREAKOUT?Symbol - DOGEUSDT DOGEUSDT is currently testing a key liquidity and resistance zone within the context of a prevailing downtrend, following a news-driven market rally. The critical question remains: Can this upward momentum be sustained, or will the market revert to a broader sell-off? The overall downtrend persists. Recent market activity has been characterized by a corrective phase spurred by positive news flow, during which Bitcoin experienced a temporary strengthening, subsequently lifting altcoins such as DOGE. However, the sustainability of this upward movement is in question, as bearish sentiment remains dominant and no significant fundamental improvements have emerged to support long-term growth. Should Bitcoin resume its decline, DOGEUSDT is likely to follow suit. From a technical perspective, the price is exhibiting signs of a potential false breakout above the resistance zone at 0.1570–0.1622, A consolidation below this range would suggest continued downside momentum, potentially driving the price toward the next key support area around 0.1364 Key Resistance Levels: 0.1570, 0.1622 Key Support Levels: 0.1364, 0.1277, 0.1154 A retest of the trend resistance remains possible. However, a sustained consolidation beneath the identified resistance zone would serve as a strong indication of seller dominance, increasing the likelihood of further declines. On the weekly timeframe, a critical trigger lies at 0.1421, breaching this level to the downside may open the path toward the support range between 0.1277 and 0.1025
Short
by akshit_official
BITCOIN , BTCUSD Bitcoin is currently finding support at the trend-line. Let's see whether it moves up from this support or breaks down. We should wait for the candle close this week for a clearer indication. The stock market is unpredictable and can be influenced by large players. In recent years, we've seen significant struggles, like the COVID-19 pandemic and the Russia-Ukraine war, along with political events like Trump's actions. Although the market tends to recover quickly after crashes, it can also drop suddenly, as Newton's law suggests: what goes up fast can come down fast. After the pandemic, many people wanted to invest in stocks, which attracted big investors and social media influencers promoting specific stocks that they wanted to sell. Many investors believe it's always good to buy the dip, but how much you invest matters. It's wise not to put all your money into the market; instead, diversify your investments across at least three different areas. Don’t invest blindly just because the market is down. Additionally, governments often regulate the stock market in ways that benefit large investors while imposing higher taxes on ordinary people. I don’t blame the wealthy or those in power, as they were once normal people too; it's how we change with more money that can lead to different behaviors.
BINANCE:BTCUSD
by ard-komercisto
EOSUSDT - FACES RESISTANCE - IS A DOWNTURN ON THE HORIZON?Symbol - EOSUSDT CMP - 0.820 EOSUSDT has reached key resistance within the consolidation range of 0.54 - 0.60, where it has formed a false breakdown, signaling a lack of potential for further upward movement. The broader cryptocurrency market is currently displaying signs of weakness, exacerbated by yesterday’s speech by President Trump and the subsequent approval of new tariffs, which have introduced additional risks and pressure on the market. Following a rally, Bitcoin has returned to a negative trend, while altcoins are continuing to seek new lows. EOSUSDT, however, has shown notable strength, suggesting that its recent price movement may be part of a countertrend accumulation strategy aimed at capturing liquidity within the 0.7 – 0.8 range. This distribution pattern is further characterized by a false breakout within the 0.82 – 0.86 range. Key resistance levels: 0.820, 0.860 Key support levels: 0.793, 0.666 If bearish pressure manages to maintain resistance between 0.82 – 0.86 and the consolidation below this range culminates in a breakout at 0.793, followed by price consolidation in the selling zone, a potential reversal and decline towards key zones of interest - such as the FVG, 0.64, and 0.541 - could occur.
EShort
by akshit_official
XRP - Bullish due to ETF Approval by 16th April 2025. BuyXRP - Bullish since price is at fib levels for buying and never came below that. ETF Approval by 16th April 2025 is keeping bullish and more accumulation and openly talked in media. ETF Approval means new buyer for XRP. Already Japan using this for govt related payments for its people. Big banks using in big way and having even more bigger plans with US Govt and official websites taking about XRP... This will rise 100 X as well in 2025 or coming years
BINANCE:XRPUSDLong
by venkatfx
1