Ethereum (ETH/USDT) is trading at $3,420.84, up +2.89%, forming a cup-and-handle pattern, a bullish signal. Key resistance at $3,583.36 marks the breakout level, with potential upside to $4,000 if cleared. A short-term pullback to the $3,014–$2,831 support zone (handle phase) is possible before a breakout. Moving averages support the bullish trend, as ETH remains...
Bitcoin is currently trading around $92,618, up 0.71%. After reaching a peak, the price is correcting towards the key support zone of $84,000–$87,000. If this support holds, a rebound towards the $100.000 resistance level is possible.
Bitcoin (BTC/USDT) is currently trading around $97,531, consolidating after a strong rally earlier this month. The price has encountered resistance near $99,390, forming a potential rounding top pattern that hints at short-term exhaustion in the bullish momentum. The resistance zone at $99,390-$100,000 remains a critical barrier. A breakout above this level could...
Bitcoin has surged to $98,312 after breaking out of a bullish pennant pattern, signaling strong upward momentum. This classic pattern, formed during a consolidation phase, has paved the way for a sharp continuation of the prevailing uptrend. The breakout shows that buyers are firmly in control, with the next immediate target being the psychological level of...
The SOL/USDT pair continues to maintain its bullish momentum, trading at $236.22 as it consolidates near a key support zone around $230. This region has proven to be a strong demand area, with buyers stepping in to defend the upward trend. The pair's movement aligns with the ascending trendline visible on the chart, signaling a continuation of the bullish...
Bitcoin (BTC/USDT) continues to trade within a well-defined ascending channel, currently hovering around the $91,600 level. The chart illustrates a consistent pattern of higher highs and higher lows, supporting a bullish outlook in the short term. Analysis and Projection: Support Zone: The lower trendline of the channel at approximately $91,000 acts as a strong...
The Ethereum (ETHUSDT) market is facing significant pressure as it trades within a defined consolidation zone near $3,081. Multiple attempts to break above the $3,215 resistance level have failed, signaling a potential shift in sentiment. Technical Insights: Resistance Challenges: The $3,215 level has repeatedly rejected price advances, forming a triple-top...
Bitcoin's price action has remained confined within a defined range, currently consolidating around $90,700. This sideways movement suggests a period of indecision as market participants await a clearer direction. The price is supported by the moving averages, but multiple rejections at resistance levels indicate strong selling pressure above $91,000. A breakout...
Ethereum (ETH) recently broke out of its prolonged consolidation phase, currently trading above $3,100, reflecting significant bullish momentum. After reaching its recent peak, ETH appears to be stabilizing near the $3,050 support level, hinting at a possible continuation of its upward trend. Technical indicators suggest that Ethereum is forming a potential...
BTCUSDT is trading within a consolidation range near $91,500 after testing key support at $90,000. The price action shows signs of a cup-and-handle pattern, indicating a potential bullish breakout. If BTC breaks above the $92,850 resistance level, it may rally toward $95,985, the next major target. On the downside, any rejection near resistance could lead to a...
BTCUSDT is currently trading around 75,000 USDT, showing a swift bullish breakout. This upward movement is reinforced by powerful waves that continue to build momentum, establishing fresh support levels on the chart. Adding to the bullish sentiment, signals from the EMA 34 and 89 indicate stability and strength for the bulls. From my perspective, a buying...
Bitcoin (BTCUSDT) has shown a significant breakout, continuing its Wave 1 formation as per Elliott Wave Theory. Currently trading above $91,000, BTC has breached key resistance levels, confirming strong bullish momentum. Dow Theory reinforces this uptrend, with consistent higher highs and higher lows forming a solid foundation. The breakout from the prolonged...
Bitcoin recently surged to a historic high near $90,000, capturing the attention of investors worldwide. This sharp increase showcases growing confidence in Bitcoin as a "digital gold" hedge against inflation, driven by economic uncertainties and increasing institutional backing from major firms like BlackRock and Fidelity. In my view, this could be an...
BTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT. If BTC holds above these support levels, it could gain further traction to reach new highs,...
BTCUSDT Holds Steady in a Downtrend – But Long-Term Growth Still in Sight BTCUSDT is currently trading around 68,045 USDT, continuing its downward trend. However, in the bigger picture, the coin remains within an ascending channel, hinting at the potential for future gains. From a technical perspective, I’m watching closely for a buying opportunity as the price...