BTC.D has broken its rising wedge support and retested the lower wedge support, which is now acting as resistance. Additionally, the MA 50 and MA 200 have formed a bearish cross, signaling a potential decline of CRYPTOCAP:BTC.D at least 10%. This scenario could trigger altcoin rallies, potentially delivering returns of 5x to 25x, marking the start of the...
#Bitcoin has formed a triple bottom pattern. To validate this pattern, BTC needs to hold the $91,500 level. A potential scenario is a bounce from the oversold RSI area, which could lead to a retest of $101,750 or even a breakout toward the $115,000 region. However, if BTC loses the $91,500 level, the next major support is at $90,000. A breakdown below that could...
The DXY appears primed for a significant drop. On the daily timeframe, a clear bearish divergence has formed, suggesting potential downside movement. Key support levels should be monitored, particularly in relation to the RSI. If the RSI holds around the 50 level, we could see a potential bounce; however, a continued drop into the oversold zone is also possible....
The DXY appears primed for a significant drop. On the daily timeframe, a clear bearish divergence has formed, suggesting potential downside movement. Key support levels should be monitored, particularly in relation to the RSI. If the RSI holds around the 50 level, we could see a potential bounce; however, a continued drop into the oversold zone is also possible....
Solana has clearly retested the previous symmetrical triangle and has now formed a bullish Shark pattern. Additionally, it is consistently forming higher lows on the daily chart. The RSI has also bounced back from the oversold region, further supporting a bullish outlook. All these indicators suggest that Solana is poised for a strong upward movement. My price...
Currently, I see three potential scenarios for BTC: 1. BTC is forming lower highs and may retest the previous resistance around the $108,000 level. After that, it could pull back to the $100,000 area before making a new all-time high. 2. BTC might retest the $90,000 level and then move upward. Alternatively, if it loses support at $90,000, it could drop to...
Bitcoin is currently bouncing off the $95,000 support level. It has entered the oversold zone and formed a bullish divergence. Based on this, there are three possible scenarios: 1. Bullish Scenario: Bitcoin could retest the $100,000 resistance level. If it successfully breaks this level, there's a strong possibility of further movement toward the $104,000...
CRYPTOCAP:ETH has formed a bullish shark pattern, indicating a potential move towards the $3,850 level initially. Following this, there's a likelihood of a drop to around $3,550, possibly forming a double bottom before rallying to a new all-time high.
CRYPTOCAP:USDT.D has formed a bullish divergence and a clear double bottom with proper higher lows, signaling a potential surge toward the 4% to 4.10% resistance area. This movement could lead to a significant drop in BTC and altcoins, as USDT.D and the crypto market are inversely correlated.
Ethereum ( CRYPTOCAP:ETH ) has formed a double top pattern, which is a bearish signal. At the same time, the RSI has displayed a clear bearish divergence, and the MACD has confirmed a bearish crossover. This suggests a potential short-term correction, with price targets around $3,400. Key support levels to watch are $3,200 and $3,000.
ETH has recently retested the trendline break twice, signaling a potential massive move ahead. I believe the real altseason will begin once ETH crosses $4,100. From there, it could soar to $6,000, $8,500, and even $12,000 in the coming days.
#USDT dominance ( CRYPTOCAP:USDT.D ) has formed a double bottom on the higher timeframe, aligning with another double bottom visible on the daily timeframe. The RSI is showing a clear bullish divergence, further strengthening the probability of a retest toward the 4.7% resistance area from the current 4% level. Looks bear in BTC & altcoins go short correction.
#Bitcoin is showing clear bearish divergence, suggesting a potential correction ahead. The price may drop to the $77,000 level to fill the CME gap, with major support around $74,000. Traders should monitor these key levels for potential opportunities and confirmation of a reversal. Key Levels: Resistance: $100,000 Potential Gap Fill: $77,000 Major Support...
Solana has completed and broken out of a cup and handle pattern, with a target around $400. If ETF approvals come through, CRYPTOCAP:SOL could surge to even higher levels. Keep an eye on volume and momentum
CRYPTOCAP:BTC Struggling Near $94K: Key Scenarios 1. Scenario 1 - Bearish Divergence and Gap : #BTC is showing signs of bearish divergence near the $94K level. There’s also a gap in the order book, which might suggest a potential pullback. This divergence could act as a warning sign for a short-term correction. 2. Scenario 2 - ETF-Driven Market : The broader...
#Ethereum Update AMEX:ETH is showing clear bearish signals as it reaches overbought levels. Price action indicates a potential Head and Shoulders pattern forming. If it breaks below the current support, the next target is around $2750. Keep an eye on this critical level!
CRYPTOCAP:USDT.D shows signs of a potential bounce as RSI has reached oversold territory, indicating a likely move up to the 5%-5.5% area. With #USDT.D rising, we expect #Bitcoin and altcoins to face downward pressure due to the inverse relationship between USDT dominance and the broader crypto market. Watching for confirmation of this bounce could provide...
Scenario 1: CRYPTOCAP:BTC Moves Up with Strong Volume After a Rate Cut Bullish Divergence Support: The bullish divergence suggests that #Bitcoin is gaining strength, indicating a potential upward move. Volume Confirmation: If BTC moves up with solid volume post-rate cut, it could break through 74k and potentially head higher. Increased volume after the rate...