XRP Update: Sell The House For This Trade? A Loan?Same chart as before. Notice the perfect and highly revealing higher low. Can we go wrong with this chart setup?
The session 25-Feb. is a perfect hammer. Consider the fact that all the drawings and numbers on this chart were extracted many days ago. The fact that the action is ending perfectly on the drawn lines signals that our assumptions are correct.
There was strong buying on 3-Feb. and this strong buying revealed that the market wouldn't let prices move lower. The market wouldn't permit a lower low. If prices move down, as they did, buyers would show up, and the did show up.
Now we have a higher low but I have to say that still, the action feels weak. There can be more shakeouts. In fact, XRPUSDT can still move lower but $1.70 would still remain as an extremely powerful support.
Things can change in a day. The weakness that I am seeing today is because of a lack of volume and momentum but not all can happen in an instant. It takes time for anything good to develop. Let me explain.
It can happen that in a few days a big green candle does show up, accompanied by huge volume, and this would be the signal that XRP is ready for growth. To be honest, we don't wait though, we are buyers now, buyers yesterday and buyers tomorrow, with a long-term bias, always ready for growth.
We know the market is bullish. We know how XRP has been performing lately and we know what comes next. The next major move is a strong rise, so we are waiting for it to happen.
Since there is no doubt that XRP will be going up, the only logical move left is to buy and hold.
When in doubt, double-up.
If you are a leveraged trader and you have doubt as to the next move, don't use lev. Instead, go big in spot and only open a position when you are 100% certain, this way you can avoid any mistakes.
Instead of staying out 100%, it is better to be in but spot and accumulate as much as you can.
For a $5,000 position, you can do $500 with 10X and you can easily get liquidated with a 10% drop. On the other hand, you can go in with $5,000 spot and you cannot get liquidated, ever, you hold the actual coins.
A real loan can pay 10-20% yearly. A pair like this one can grow 500-700% within this year. Do the maths.
There are many ways to approach the market, many ways. Some people sell their house to perform a low risk trade. Other people want to trade with 100X and lose it all the same day.
It all depends on your style.
I will give you the chart with my honest opinion, you can take care of the rest.
Remember, I share what I see, no ulterior motives. When I believe it is going up I say up regardless of what anybody thinks. When it is bearish, I do the same.
Some people want to read only bullish analysis. Others think we are here to make some entity happy or something else. No! I am here learning and share what I learn.
Sometimes I am right... Other times...
Well, thanks a lot for your continued support.
Namaste.
Altcoins
Cardano Ultra-Bullish With 100% Growth Within 2 DaysThere you have it my dear friends... I told you that the low was in and this is confirmed now, without a shadow of doubt, based on current price action.
The low happened in early February 2025. Boom! And we win.
Told ya! Over and over, again and again.
And this is awesome and great news, why?
Because it means we are on, we are bullish, we are super bullish and we are set to experience the biggest growth ever... "March 2025 and beyond."
Trading volume is really high today which confirms that this is a real move.
All the bears are very likely going crazy right now and that's ok, and it is normal because the market is breaking out with the biggest force ever, period.
Pay attention to the Master of the charts, because we are going up.
Crypto is going up.
Bitcoin is going up.
Cardano is going up.
The Cryptocurrency market is set to experience the biggest growth phase since 2021.
Thanks a lot for your continued support.
If you trusted and followed, I am sure you are doing great.
If you were bearish, I feel sorry for you... Not! Get in line, get in now and prepare for massive growth, it is not too late.
Namaste.
Bitcoin Cures World Hunger & Eradicates Banking Money MonopolyThis is Bitcoin on the weekly timeframe, what do you see?
I see a reversal happening at key support and the current session is about to have an extremely bullish, positive close.
How are you doing my friend in this wonderful Sunday?
It is the day of the Sun, so surely, and I hope, you are doing great.
Bitcoin is bullish. The low is in.
Any shakeouts, retraces and corrections are an opportunity to buy, rebuy and reload.
The market is ultra-bullish, why?
Bitcoin is set to grow, why?
The proof and the signals were revealed coming from the Altcoins.
The fact that the Altcoins were going ultra-bullish while Bitcoin moved lower, showed that the low was already in. It doesn't matter, the month closes above 80K (super-bullish) and we will have a close above 90K this week. Which means, that all past bearish action, this last six days, is nothing more than a market shake. Which means, that we continue bullish and we are bullish and we are going up. We are going up now, today, tomorrow and forever more.
I am writing to humbly tell, "I told you so!"
Get in line, nobody can defeat Bitcoin and the Cryptocurrency market.
Crypto is the greatest technology in the world.
The Cryptocurrency market will create many millionaires in 2025 and will cure all the diseases of the world. If we get your support of course.
Namaste.
Ethereum Is Now Oversold (RSI & More Proof)Overextended. I opened this chart and there was no doubt, this move is already over-extended, the bearish move that is. I had to add the RSI to show it to you.
See, the RSI is oversold and the lowest since August 2024. Needless to say, when the RSI went this low in August it produced a reversal and a strong bullish wave. Now, it will do the same.
Very, very low volume on the drop. Just notice the bars, look at the chart. Isn't it clear?
I mean, based on technical analysis. I admit that the chart signals can be ignored and the market move against all odds, but normally, they work. It is the only tool we have available to try and predict what will happen next. The Ethereum chart is saying, "A reversal is coming, prices are about to start moving up. Get ready!"
Thank you for reading.
By the way, we are going beyond 11K.
Namaste.
Bitcoin's 2025 Bull-Market Has Been Cancelled —ALERT!There is no easy to way to say this. This is going beyond any and all expectations. It is no surprise to say that I am surprised because the Cryptocurrency market always surprises.
What happens now?
Will market conditions change based on current action?
All is well that ends well.
Nothing changes. The 2025 has not been cancel and while Bitcoin is going through a major final flush, we are still set to experience sustained long-term growth. Right after the market sets its correction bottom low.
There isn't much difference between a day, two days or six days, it is all the same when the end result is a new bullish wave.
The best way to look at it is by focusing on the long-term. New prices, lower prices will now be available and possible, discounted prices for all Cryptos before the 2025 bull-market bullish phase.
Wait patiently and hold strong. Crypto is going up and this going up will unravel within days.
It is very simple: The market will set the low and immediately after we will see growth long-term. Now, the low is not yet in as is clearly shown by today's action. We underestimated the bears, but we continue to hold, to wait, to trade and to pray.
We continue with the same bias (bullish) and continue to hold and wait patiently for the end of the correction and this correction should be over within hours or days. We are bullish in March 2025 and beyond.
The 2025 bull-market has not been canceled.
Thanks a lot for your continued support.
—Boost if you agree.
—Comment if you disagree.
Namaste.
Shiba Inu 2025 Bull-Market Target An Advanced Trading TipsWhere are my Shiba lovers? Did you miss me?
Certainly, I did miss you. If you noticed that I've been away from this pair, it is because the chart wasn't looking any good.
I am back now, which means the chart looks great.
Friendly alert, I am going LONG on this pair with high lev.
Let's get started with the technical analysis.
Shiba Inu is in a long-term rising trend. The market bottom was hit in June 2023. After this bottom, we have higher prices, higher highs and higher lows.
The 2024 corrective phase is coming to its end. It produced an intermediate higher low and the action is ready, and about, to turn bullish. Here I am showing a 600% potential for growth.
The same 600% target taken from the June 2023 market bottom would be equal to more than 1,800%. You decide if this is enough for Shiba Inu in 2025 or if prices will go higher. Right now, it is hard to say.
This a simple chart, quite standard. This pair requires nothing more than patience after buy and hold. The bullish wave can take anywhere between 4 to 8 months to fully develop. Allow for a big correction in-between the first and last peak. This correction will be a period of major doubt for many participants. By now, everybody is used to bearish action and all bullish waves ending after a couple of months. When the bull-market is on, the dynamics will be much different but since it only happens once every four years, nobody remembers that the halftime correction will result in a new and strong bullish impulse.
Anyway, even knowing this it would be wise to sell at the peak of the first wave to buy back lower when prices move down, why? Because the correction can last anywhere between 1-3 months. While you will be happy saying I can wait long-term, when prices move lower and it takes so long to recover, you will wonder why you didn't sell when it was obvious that bullish momentum was dying down.
Actually, it will be hard to know the top because of the energy when it happens, everybody is happy and euphoric. But you can tell when a top is in because that's exactly when you become greedy. You will be thinking, "I can wait. I want higher. Give me more." The moment these thoughts start to happen, RUN! Secure profits on the way up. It is the only way to win. In order to win, you have to sell when prices are up. Right now is the time to buy, to buy and hold. But later, you have to produce a winning trade and that only happens when you decide to take money home.
It is healthy to withdraw. It is healthy to secure profits when your capital grows.
You don't have to be 100% right. If uncertain, sell a portion and then continue to hold.
Namaste.
Avalanche: Long-Term Bullish Above Support & Other SignalsThe end of February didn't do much harm to Avalanche, which is a bullish signal. In early February, the lowest price hit was $21, in late February the lowest price was $20. The difference is only 5%. This small gap between these lows indicate that the bearish force is over.
Let me explain. There was a low on the 13-January session at $32, the low in February was $21. That's a big gap.
For a new low to be considered of any value from a technical standpoint, the minimum, after the $21 low, would be $17 or much lower around $9 or $8. When we get $21 first followed by $20, we are simply looking at a double-bottom. A double-bottom is a bottom pattern and tends to lead to a trend reversal.
The next little fact that is of interest to us, Cryptocurrency bulls, is the existence of a long-term support, on this chart labelled as "baseline." A lower low as mentioned above would require a break of this level. This is highly unlikely.
Well, let's not go too deep into this type of technical analysis, let's consider a different perspective.
In late 2023 after a strong period of sideways with a downward bent, a complex correction, AVAXUSDT moved to produce a 5-up waves bullish impulse. As this impulse ended, we have the same dynamics as before, between January and November 2023, a long complex correction.
The action that AVAX has been witnessing since March 2024 is all part of a correction in Elliott Wave Theory terms. Once this correction is over, we will have a new bullish wave. This bullish wave tends to develop in five steps. Three steps forward and two backwards. The 2025 bull-market. This impulse will end in a very strong new All-Time High.
This is simple technical analysis and it will end up being right.
Do you agree?
If you do, make sure to show your support by following me.
2025 is going to be big. It will be big. Trust.
Patience is key.
The worldwide adoption of Cryptocurrencies as a means of payments will result in world peace.
Namaste.
OFFICIAL TRUMP: It Is Still Early 4 773% —111% & 333% Short-TermIt is still early. Great news.
In this chart we have a classic, the stop-loss hunt event.
TRUMPUSDT moved below support just to quickly recover. Support here is mapped as the 10-February low. The break above support produced a really strong, full green candle with really high volume.
This is a confirmed bullish breakout.
It is still early.
It is still early because of the stop-loss hunt event. The stop-loss hunt event only happens at bottom prices. Even though there was a strong move, relatively speaking (reading-writing), this move produced a recovery from a true bottom. Now that the action is happening above support, we can expect a bullish wave to develop.
The chances for lower prices are really low. Don't get me wrong, it is still possible to see a shakeout, another one, but this is very unlikely. Notice how high the volume is when prices move up. Now, notice how low the volume is when prices move down. The bears have no force, no momentum, no excuses left. In fact, many people were selling Bitcoin and many Altcoins at the bottom and now they have to buy at higher prices. They will never sell. Those that were already holding strong, won't sell either. We are all ready to hold.
The market is going up which is great news for all those involved.
Here we have a nice 773% target. It is still early.
We have an easy target at $34 for 111%.
Another target around $70 yields 333%.
Patience is key. Our strategy stays the same.
Accumulate as much as you can and then wait.
Each time you get paid, the money goes into Crypto; the market will take care of the rest.
Thank you for reading.
Namaste.
Polygon Ecosystem 4,300% Potential @10XHere we have several signals related to the candles low and close.
We've been looking at Polygon (POLUSDT) for a long while now and this is a great example of 'patience is key.' Definitely mandatory to have patience. It takes time for the bullish wave to unravel because we are always early, but once the action starts it cannot be stopped. We have the blessing of being able to be around right at the bottom, with plenty of time to plan, buy-up and accumulate. Many people won't be as lucky, they will hear/learn/know about the market only when it is too late or when the bullish wave is halfway.
The last candle closed as a hammer with the highest volume ever. The session low is a higher low compared to the 3-Feb session. A hammer is a reversal signal when it comes at the end of a trend. The high buy-volume confirms the hammer as a bullish reversal signal. Normally, 1-2 weeks are needed for confirmation but we know that will happen next. I don't wait.
The close this week (last week) ended up being higher than the late October 2024 market low. This is another important signal. Twice POLUSDT wicked lower in February, but closed above this level. This level is marked with a purple line on the chart.
As a friendly tip. We are active with high leverage on this pair.
The chart is ready, the market is ready and timing is great.
430% potential with 10X can lead to 4,300%. This is possible and do-able. There will be more of course. Opportunities abound in this market. Crypto is going up. Buy and hold.
Thank you for reading.
Namaste.
Waining Bearish Momentum on DOGS (Bullish Reversal Incoming)I will use a classic signal to explain this one, because I can.
DOGS produced a double-bottom. Really high volume on the 3rd of February, much lower volume on the 25th. That's it. That's the classic signal and the entire analysis in summary.
Ok. You want to be entertained, correct?
Let's go further.
Look at the size of the candles, we are using the linear chart. It is necessary to have this setting to be able to spot this signal.
On the left side, the candles are really big. This big candles indicates momentum. To the right side, the candles are very small. This indicates a loss of momentum.
We have a down move with waining momentum. The loss of momentum means that the move is reaching its end. After a down move comes a bullish move, it is the only possible option because the market moves in only two ways, bearish and bullish, down and up. Wait, there is a third option, sideways...
So DOGS went down then sideways, down then sideways with waining bearish momentum.
DOGS will stop going down and soon will start to go up.
This is literally the message that is coming from this chart.
The chart is also saying, buy and hold.
Thanks a lot for your continued support.
Namaste.
Hedera: Genius Market Analyst Reveals True State Of The MarketHedera just tested its long-term baseline support. Guess what level this support matches perfectly? You guessed right my dear friend, it is the 0.618 Fib. retracement level for the last bullish wave; Boom!
What does this means?
Well, if you don't know please allow me to be the one to tell you that you are a rookie, but also let me tell you that you are about to learn. We all start from scratch, from nothing, and with practice and persistence we grow.
The 0.618 Fib. retracement level is a major level when it comes to Crypto. When a pair finds support at this level or near it, you can bet that prices aren't likely to move much lower.
Here we have HBARUSDT weekly and the test of this support happened twice on a wick. After the support was tested, we have a move above 0.5 Fib. with a full green candle, this is simply bullish.
The grey line I drew on the chart is our baseline. This level worked as support in late 2021. When this level failed HBARUSDT entered a strong bear-market. The bear-market consolidation and accumulation phase happened below. Then HBAR recovered and produced really high volume to move back above it and now, after a strong rise, the same level works as support.
In short, Crypto is going up.
Namaste.
Cardano Long-Term: Crypto Strategic ReserveCardano grew by 18,352% between March 2020 and August 2021. The highest volume came in on the third wave and we ended with a truncated five.
Seeing this performance in the last bull-market, we can aim high. Instead of being too conservative and making the same mistake as always, aiming too low, let's aim higher because we know that Cryptocurrency has huge potential, it is new and young.
From current price to $10.5 we are looking at ~895% potential. From the August 2024 bottom to the same target we have some 3,770%. I think that with the current size Cardano has now such total growth might be reasonable, but the market is not reasonable. We don't know the meaning of a "Crypto Strategic Reserve." We don't know what it means, in turns of prices and numbers, many nations buying Crypto. We can end up with a bull-market that is hundreds of times stronger than anything we've seen before. In this case, all projections would breakdown and prices would go off the chart. I hope this happens.
Since we cannot predict the unpredictable nor calculate based on assumptions, let's go with what we have. What is the chart saying, what are the potential targets and how will the bull-market unravel. We want answers to those questions.
The targets are the ones seen on the chart.
The minimum target for a new ATH based on conservative and standard calculations would equal $4.86. Short-term targets that will be hit within the next three months go as follows: $1.33, $1.66, $1.83, $2.00, $2.22, $2.66 & $3.49.
A strong target and projection sits at $7.77 and a $10.58 is the next All-Time High if we have a great bull-market based on standard projections. The ultra-bullish scenarios we welcome and enjoy them if they show up but they are beyond this chart.
The main support range after the Trump Pump sits between $0.9116 and $1.0094. If it goes lower, we have $0.8138 but I don't think lower is possible. This is for support if the market decides to shake. Remember, it is a long bull-market so there will be plenty of time for volatility to show up. Whatever happens, remember the bigger picture; we are going up.
I always liked Cardano and I share many analysis and many charts so it is great to see that we have Trump's support. Our future is bright. If we are smart, we buy and we hold.
Don't just think about next year or next month, consider 10 years into the future, maybe even 20 years... Think of the big tech companies. One can become rich with one project, one coin. Just as the old people from the 70s and 80s. We are approaching the bull-market of a new generation. No limits now, no barriers, no filters; everybody can join.
Cryptocurrency, the stock market for the people.
Thanks a lot for your continued support.
Namaste.
XRP Long-Term: Full Analysis—ATH Potential, Support & ResistanceWe are good with the short-term. We secured a great entry. It is time to consider how far up XRP will go and bull-market dynamics. How is XRPUSDT likely to behave in this 2025 bull-market.
The first data point to consider is the fact that XRP peaked early in 2021, it did so in April. This time around, this won't be the case. XRPUSDT is likely to go the full cycle together with the rest of the market. That is because the action that led to the April 2021 peak started in March 2020, strong bullish action for more than a year. In this cycle, XRP started growing in November 2024. An entire year growing would put a final peak around November 2025. This is the date that I am looking for most of the projects to peak. I will adapt and change if necessary as the action develops but I am still thinking that the bull-run will run into late 2025 and even into early 2026.
➖ Support & Resistance
There is a very strong resistance at $3.00.
$2.35 is the main support.
In December 2024, XRPUSDT peaked at $2.90, right below three. After a small retrace, it pierced the $3.00 barrier but closed below. Twice in January $3.00 worked as resistance and the third time a correction showed up.
The action is now happening below $3.00 and this is the final resistance, the last barrier. Once this level break, ALL-IN, full force. XRPUSDT will produce a major advance and produce several new All-Time Highs.
After the $3.00 barrier is broken, the main range were resistance will be found is between $4.44 and $4.68. This is a take profits target. Even if higher prices materialize later down the road, there will be a strong reaction around this level.
I am only mentioning the main levels. Next, we have $6.15 and $6.36 as the strongest resistance. This one should be monitored carefully. Whales and advanced traders will be watching this level for massive profit taking. If this level is conquered, there is no limit as to how high prices can go. We can enter a parabolic cycle. Some extremely bullish event would need to develop to support this type of growth. Or, the fifth wave is the speculative wave, so anything goes.
➖ Market Talk
The market will become tricky. Daily action will be erratic. Volatility in short. The big players will produce all sorts of moves in an attempt to remove weak hands, this will happen non-stop on the way up. It will be very hard to know what is going on and it will be easy to lose focus. To stay centered and grounded, just think long-term. When you zoom-in too close and start to get anxious, just remember the bigger cycle and the fact that the bull-market lasts the entire year. Detach, reduce leverage and hold. Once you are centered resume the game. Do not trade when you lose focus or you can end up closing your position on an impulse and there is no way to recover the great entry price.
➖ Speculation
Looking at the chart structure, I think it will be easy for XRP to move beyond $8. If we consider 2025 fully bullish, then much more is possible but I don't want to get in too deep, if you know what I mean. But I sure want to say that the conditions are extremely good and hyper-bullish. If you are going to err, err on the higher end. Aim high, aim up.
Thanks a lot for your continued support.
Namaste.
DigiByte Update & 2025 Bull-Market Dynamics (8 Months Bullish) DigiByte's bull-market can develop in a period of 8 months. DGBUSDT can produce 3 months of growing prices followed by a 2 months long correction, after the correction bottom ends as a higher low we get 3 additional months of bullish action and this produces the final peak in late 2025. This is a rough estimate.
Coming from this perspective, we can expect the initial wave to take some time to develop. Something like bullish consolidation. We would see slow and steady growth for 1-2 months and then a major burst forward. This is how the market normally tends to behave.
Right now we are seeing a small bullish breakout from a falling wedge pattern but it is easy to notice that the trading volume is low. This is a start but it can take a while for bullish momentum to grow.
If you would like to see the 2025 ATH targets and projections, just visit my profile and search for DGBUSDT using the search filter, this will give you several publications with long-term targets.
Thanks a lot for your continued support.
DGBUSDT is now trading within a long-term higher low. Higher lows since July 2024. Expect strong action to be present by May. There will be lots of growth, lots of fun and tons of profits.
Thank you for reading.
Namaste.
Notcoin Still Trades At Bottom Prices (958% Potential)The Cryptocurrency market is a great market.
The Altcoins are great.
Sometimes we are down and sad, or even mad, because we miss an opportunity that looks great. Here we have Notcoin (NOTUSDT) still trading at bottom prices. How good can it get?
The good news is that the breakout here was really small. We have rising volume. Daily buy volume continues to rise but NOTUSDT is still trading below resistance. The last barrier before a major rise and bullish-run.
When the opportunity is lost, we are sure to rush and even buy after prices are up. When prices are good and down, we tend to be disinterested —this time it can be different.
The way to profit the most from Crypto is not by buying those that already moved up, the best decision is to buy those trading low/near support, before the breakout. We buy and we hold.
A chart like this one looks great if we can have patience and focus on the long-term. Yes, it takes time but the only way to secure a low, bottom, price is by entering when there is no excitement, no hype, and right now this is the best time.
This is a friendly reminder. I don't know how much longer an opportunity like this will be available but it won't be for too long. A few months from now, several years from now, we will look back and see how prices were at this point and notice that it only lasted a few months.
Think of Bitcoin, how long did it trade at $3,500 in March 2020?
For how long did it trade at $17,500 in late 2022?
The time to enter the Cryptocurrency market is now. You will be happy with the results.
Thank you for reading. Notcoin will soon breakout and start to grow.
You can be certain. First Bitcoin and the big projects, and then the rest of the Altcoins.
Bitcoin, Solana, Cardano, XRP and many others moved today. The rest of the market is sure to follow. We are bullish in March 2025 and beyond.
This is the start of the 2025 bull-market.
Namaste.
Trading Genius Reveals How To Succeed In 2025 (Must Watch!)Let me explain. The market won't start growing in a matter of days. It is true that long-term support has been hit, activated, but the next bullish wave will take time to develop. Between each wave, there is always a period of sideways, consolidation.
It is the first time that MA200 is tested as support coming off a major high —since September 2023. XLMUSDT daily.
Now, a period of sideways action will start (consolidation), after this period is over we will experience massive growth. Sideways is sideways, just so you know. This period can last anywhere between 1-3 months. The action will vary between pairs, some will move first while others will take longer.
Patience is key.
Start accumulating and whatever you do, focus on the long-term.
The waiting can be boring and troublesome for a few, this will be your test. If you try to move from pair to pair trying to catch the next bullish wave, you will fail. The exchanges will only buy those pairs that nobody is buying to create the illusion of massive growth. The truth is that most of the market will be sideways and the gamblers will be getting whipsawed. That's how it all works.
When you see a pair growing 600% in a single day, just know that nobody is holding it other than the exchange. It is an illusion. To succeed, create and follow a strategy, focus on the long-term.
Any easy and quick money mentality will result in a great opportunity being lost. It will be hard to lose in a bull-market, but you can lose by ending up with 2-3X "trading" when you can end up with 10-20X with a simple strategy of buy and hold.
Namaste.
Bitcoin Weekly Timeframe Update: Technical AnalysisLast week closed at $94,265. The lowest close since Bitcoin broke above 90K on the 11-Nov. session happened at $93,563, the 26-Dec. 2024 week. The highest close happened at $104,447 on the 9-Dec. week. This is the trading range. Between $93,000 and $104,000 based on candle close.
Bitcoin went sideways starting early December 2024 and continues sideways to this day. We are projecting an end to this pattern in the coming weeks and months. I can say it is over now but before it shows we need a weekly close above 104. It can take some time because we are set to experience slow and steady grow. Imagine Bitcoin's price growing daily by $500 on average, or maybe $800 or $1,000. It would take 20 days of +$500 daily for Bitcoin to reach $103,000. Just an example.
10 days at +$1,000 each day would add $10,000 to Bitcoin's price. So it would take 30 days to add $30,000. $30,000 would put Bitcoin at $123,000. So imagine Bitcoin trading at 120K in April 2025.
It can go faster or slower but these examples can start to create a picture. With this picture we can build a map.
Last week closed as a hammer. When the hammer shows up at the bottom of a move, it spells the end of such move. Bitcoin didn't produce a downtrend but the three months sideways, between November '24 and February '25 can count as a trend. If the same period had a downward bent, last week's drop and recovery would signal the end of such trend.
Hold on. Let me try and speak clearly. I am saying that the bottom is in.
The new week can start shy and speed up toward the end. The truth is that we have good news and this good news sealed the bottom but the market still has to go through its loading phase. I am talking about several months of bullish consolidation before a major rise takes place. The good news is that a portion of the market, many of the smaller Altcoins, will start to boom in response.
Let's talk resistance and support.
$90,000 is a strong support. There has never been a close below this level. A wick can always touch it or pierce it but this would be short-term. When undesirable action develops, we look for the weekly timeframe for confirmation. Last week is the best example of all. Six days red but the week ended up being neutral. The chart technicals and dynamics stayed the same. Actually, the long lower wick ended up producing a bullish signal.
$90,000 followed by $85,000 are the immediate and main support.
The immediate resistance is set at $97,444.
Once Bitcoin moves and closes above $97,400 we can expect nice growth. While Bitcoin remains below this level, we are still mixed and within consolidation and accumulation. Bullish advance and higher gets confirmed once this resistance breaks.
Once broken, we can consider higher prices, we aim directly at new All-Time Highs. All levels that have been challenged in the past we can ignore. So the main target would be $120,000 followed by $128. Then we have $159,000 and the rest can be consider for the long long-term.
The in-between targets can be seen on the chart.
Thank you for reading.
Namaste.
HBAR - 50% - 250% Bounce IncomingMartyBoots here , I have been trading for 17 years and sharing my thoughts on ADA here.
HBAR is looking beautiful , very strong chart for more upside
Very similar to the last time when it bounced 250%
Do not miss out on HBAR as this is a great opportunity and is setting up in the near future
Watch video for more details
$RETARDIO: Falling Wedge Pattern Hints at Potential Reversal$RETARDIO, a Solana-based meme token that has recently experienced a dip while forming a falling wedge pattern—a historically bullish formation. As market participants assess its price action and fundamentals, could this signal an imminent breakout?
Technical Analysis: Falling Wedge and Fibonacci Insights*
Since January 20th, $RETARDIO has been consolidating within a falling wedge pattern, a setup known for its potential to reverse downward trends into bullish breakouts. Despite the overall bullish sentiment in the crypto market, $RETARDIO has yet to follow suit, instead hovering near a key support level.
A crucial technical level to watch is the 65% Fibonacci retracement point. If the asset gravitates towards this zone, it could serve as an ideal liquidity pool for buyers, allowing for a shakeout of weak hands before a potential rally. Supporting this perspective is the Relative Strength Index (RSI) at 56, which suggests the token is not yet overbought, providing room for an upside move.
Furthermore, a breakout above the wedge’s resistance could signal the beginning of a bullish trajectory, drawing in traders eyeing confirmation of the reversal pattern.