TradeCityPro | ICP Approaches Key Resistance with Rising Volume👋 Welcome to TradeCity Pro
In this analysis, I want to review the ICP coin for you. The Internet Computer project operates in the fields of artificial intelligence and DePIN.
⭐ The coin of this project, with the symbol ICP, has a market cap of 3.25 billion dollars and ranks 32nd on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, there is a descending trendline visible on the chart, which has been tested multiple times. The price has broken above it and is now sitting just below the 6.205 resistance level.
🔍 In recent candles, the volume has increased significantly, which raises the likelihood of a breakout above 6.205.
🔔 If the 6.205 level is broken, ICP's bullish trend could begin. In that case, the price could move toward the 7.423 and 9.887 levels.
📊 Entering a position with the breakout of 6.205 is supported by volume confirmation, and we will get RSI momentum confirmation if it enters the overbought zone.
📉 For the bearish scenario to play out, the price must first get rejected from 6.205, and then we’ll look for confirmation of a trend reversal with a break below 4.468.
🛒 You can also use this same 6.205 trigger for a spot buy, but keep in mind that Bitcoin dominance is still in an uptrend, so in my opinion, it’s not yet the right time to buy altcoins.
✔️ The best trigger for buying any altcoin is to wait for confirmation of a trend reversal in Bitcoin dominance. Once that’s confirmed, you can start buying the altcoins you’ve selected.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Cryptomarket
BTC/USDT Long PositionAfter a strong bullish impulse, price pulled back and formed a clear demand zone (OB) near the origin of the move.
The market is now retesting this zone after breaking short-term structure to the upside.
Entry:
Long from demand zone (OB) at the base of the bullish impulse.
Confluences:
✔️ Clean bullish BOS (Break of Structure)
✔️ Strong rejection wick from demand
✔️ Lower time frame liquidity grab
✔️ Favorable R:R setup
SL: Below the OB
TP: Targeting previous supply zone above
Bias: Bullish until structure shifts again
FOLLOW ME FOR MORE SIGNAL
Bullish continuation?Ethereum (ETH/USD) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 2,364.01
1st Support: 2,548.35
1st Resistance: 2,788.17
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish momentum to extend?The Bitcoin (BTC/USD) is falling towards pivot and could bounce to the 1st resistance.
Pivot: 108,446.67
1st Support: 106,491.59
1st Resistance: 111.566.95
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Phemex Analysis #88: Pro Tips for Trading Aave (AAVE)Aave ( PHEMEX:AAVEUSDT.P ), a leading decentralized lending protocol and one of the standout Layer 1 tokens, has attracted substantial trader interest recently by demonstrating remarkable resilience. Impressively, AAVE bounced back by approximately 100% from its recent low of $113 on April 7. Adding to this optimism, AAVE broke through a significant resistance at $282 just yesterday, potentially signaling a bullish continuation.
However, traders must proceed with caution, as this recent upward breakout was accompanied by relatively lower trading volume and a weaker Relative Strength Index (RSI) compared to the previous bullish surge seen on May 27. These factors introduce uncertainty into AAVE’s near-term trajectory, prompting the need for careful evaluation of possible scenarios over the next few days.
Possible Scenarios
1. Continued Bullish Momentum
Despite the RSI divergence observed during this latest peak, AAVE may continue its upward momentum, driven by sustained investor enthusiasm and broader market conditions. Traders should closely monitor price action around immediate resistance levels for short-term profit opportunities.
Pro Tips:
Profit Taking: Consider locking in short-term gains as AAVE approaches significant resistance areas, particularly at around $333 and subsequently at $370.
Risk Management: Set protective stop-loss orders below the recent support at $250 to limit potential losses in case market sentiment shifts suddenly.
2. Limited Rise Followed by Sharp Rejection
Another plausible scenario involves AAVE rising moderately higher but facing strong selling pressure near critical resistance levels, such as $300 and $333. A rejection at these levels could trigger a sharp corrective move, particularly if accompanied by increased selling volume.
Pro Tips:
Cautious Entries: Be cautious about initiating long positions near these resistance zones. Instead, wait for clear signals or confirmations before entering.
Short Opportunities: Experienced traders could potentially capitalize on short-selling opportunities if strong rejection signals manifest at these resistance levels.
3. Retest of Lower Support Levels
Given the relatively weak volume accompanying the recent breakout, there is a potential third scenario in which AAVE retests lower support areas. A pullback towards previously broken resistance (now support) at around $282, or even further down to around $250 & $238, might occur as the market tests buyer strength.
Pro Tips:
Observe Volume: Pay close attention to trading volumes if prices decline. Low-volume pullbacks could present good accumulation opportunities at support levels.
Accumulation Strategy: Consider cautiously accumulating positions near $250 or $238 only after clear signs of price stabilization and potential reversal appear.
Conclusion
While Aave (AAVE) showcases impressive strength and investor confidence, the current RSI divergence and volume trends suggest caution. By closely monitoring the outlined scenarios and implementing disciplined risk management strategies, traders can better navigate the uncertainty and volatility surrounding AAVE’s current market conditions.
🔥 Tips:
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Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Correction? Show Me the Correction —Bitcoin Is Going Up!There is no correction and this "double-top" is nothing similar to 2021.
First, the wave that led to the April 2021 ath was a major hyper bullish wave starting March 2020. A total of 392 days of bullish action non-stop with 1,615% total growth. From a low of $3,782 to a high of $64,854, Boom!
The wave that led to the January 2025 all-time high was not a mega hyper, hyper-bullish bullish wave, instead it came after a long period of consolidation and a flash crash, which means the establishment of a long-term support. It started August 2024 and lasted 168 days total growth 124%. Completely different, so don't tell me that market conditions are the same because they aren't, we are not stupid, actually, we are very smart, right my friends? Long-term followers, readers and supporters!
The first high in 2021 happened in April the second in November, 210 days apart.
In 2025, we have a top in January and another one in May, 119 days. Very, very different.
In 2021 the altcoins rallied, everything rallied and everything was trading at new all-time highs before the bear market.
In 2025, nothing has rallied and most of the market was trading at the bottom. So we had an early peak in 2021, we get a late peak in 2025.
Since we had a long-term double top in 2021, we get a blow-off top in 2025, late 2025. Do you understand?
I am the Master of the charts!
Bitcoin is not done; it isn't over. We have an entire bullish wave before the bull market is over. This bullish wave is the fifth wave which is the speculative wave, in this wave anything goes. The market will go crazy. There will be euphoria, passion, craziness, money, growth!
The altcoins will be hitting new all-time highs and everybody will go crazy. NFTs, DeFi, DePin, RWA, Memes, POW, Gaming, AI, new, big, small and old, all welcomed, everything will grow. When the pixelated rocks start selling for millions of dollars, that's when the bull market ends.
When people start saying "Bitcoin will go to $1,000,000 in this cycle." That's when the top is in.
When Bitcoin starts trading at $219,999 and starts to slow down and Ark Invest comes up and says, "Bitcoin is going to $5,000,000 next"; when Michael Saylor starts saying, "I will be buying the top forever..." Get ready because that's the end. It isn't happening, now people are still talking about corrections and doubt, that's not the end of a bull market, that's the transition period between an advance a correction and the next leg up.
Just wait and watch. Just watch my friend... Just watch!
I assure you, Bitcoin is going up!
Namaste.
Kadena, Is 14,471% Truly Possible In 2025? Read The Chart!I love Kadena's previous bull-market. From July 2021 through November 2021, it was pure joy, straight up; huge profits of course.
It lasted 105 days... Total growth almost 9,000% and then the market went bearish, and then the market went sideways, for years... I think this time we will experience something awesome like the last time. It only happens every four years do you agree?
Cryptocurrency goes wild every four years, it is what it is.
So 2021 leads to 2025. It is already mid-2025 and we are ready... So ready, yes ready, truly ready... Yes!
We are ready and the price, and the chart and the markets, the candles, the signals it all looks great. Ready for new growth and new high-profits Cryptocurrency millionaire, let's trade!
KDAUSDT. The August 2023 support was also the July 2024 support, August 2024, February 2025 and now June 2025 as a higher low. The April 2025 low pierced through this level and that's the reason why the chart now looks great, because KDAUSDT is trading back-above it, the August 2023 low. Being above this level means ultra-bullish.
Anyway, we have huge potential for growth on this pair. Kadena has an easy target of 1,295%, that being $6.99. A strong target for 3,421% at $47.65.
There is an ATH at $45 for 8,969% and another one at $73 for 14,471%.
Thank you for reading.
Namaste.
Altcoin Cycle - Cycle bottoms spottedAs I demonstrated on this picture. I believe I identified the cycle bottoms and marking a new cycle low. With the BITSTAMP:BTCUSD price rising now and CRYPTOCAP:BTC.D about to meet hard resistance levels, I believe this will increase the propability of a start of the altcoin cycle. Also known as the Altcoin season.
CRYPTOCAP:OTHERS
CRYPTOCAP:OTHERS.D
COINBASE:ETHUSD
BINANCE:SOLUSD
INDEX:BTCUSD
BINANCE:BTCUSD
Suku, High Targets Only (615% - 2,658% Profits Potential)Between late 2023 through mid-2024, SUKUUSDT produced a 900%+ bullish wave. The action in late 2024 was a non-event.
Here we can clearly see how a pair that grew strongly in 2023 performed poorly in 2024. Those that performed poorly in 2023 did great in late 2024. But still, this isn't bull market type of action.
SUKU can grow more than 900% in a transition year, this is awesome. How much can it grow in a bull market year when everything goes wild? Great question. Growth potential is huge.
I am showing some targets here, strong targets but the possibilities exist for this pair to grow even more than what is shown on the chart. This is a small cap. and small cap. projects can do awesome when the bull market is in full force. Right now, we are not there yet.
SUKUUSDT is trading at the bottom, true bottom; the lowest prices ever in its entire history. This is simply great. You can't go wrong buying when prices are low. No planning needed, just buy and hold.
Risk becomes very limited, it can be counted in time, nothing more. While the reward potential can be extraordinary, off the chart.
A spot trader can simply buy and accumulate. If you are reading this now, you have great timing. The only time better than now was in early April, but the retrace pushed prices back near the same level, so everything is good.
Three months from now you will be dealing with a completely different market, you will be surprised to see how fast things change. Now everything is low and depressed, in a several months, you won't even be able to imagine that such a situation as now is even possible. Everybody who missed the train will be thinking, "why didn't I buy back then?"
Take action now.
Thanks a lot for your continued support.
Namaste.
Secret Network Enters Buy Zone! Best Possible Prices (1,730% PP)Some people will look at this chart and runaway. They can see a brutal bear-market followed by weak bullish action. I understand, but, when I look at this chart I see an opportunity, the best possible prices to buy before the 2025 bull market wave.
Good afternoon my fellow Cryptocurrency trader, I hope you are having a wonderful day.
Secret Network grew 400% in late 2024, in a single month. Between November and December. How much growth would be possible in 6 months, or an entire year? Good thinking.
The bullish wave from 2024 was corrected by more than 100%. All gains removed and then some more. Now, the action is back above long-term support.
The same price range that produced the 2024 bullish wave is active again. And, certainly, this same zone will produce a new bullish wave. The difference of course is the size, the last wave was just a minor jump, a price bump, what we are about to experience is a bull market cycle. A completely different scenario.
The best time to buy is when prices are low. Prices are low now, the lowest possible and Secret Network just produced a shy higher low.
After five red weeks and this higher low, you can say this pair is ready to grow, long-term growth. Feel free to follow for more.
Namaste.
Bitcoi 4 hour - Volatile Zone near bu = CAUTION
PA nearly at that Circle I posted
MACD near the Neutral line
Possible rejection from Both
Lets see how this plays out. I do ecpect PA to follow that arrow BUT Bulls could step in and take PA Above the upper trendline and then wait for the inflation data in the USA on the 11th
Watch BTC Dominance for Clues about how this all effects ALT coins
Altcoins in Focus: Aptos, KAIA, and Ravencoin (RVN)Amid Bitcoin’s rapid growth and renewed interest in Ethereum, investors are increasingly turning their attention to altcoins—alternative cryptocurrencies showing strong potential for sharp gains. As of early June 2025, Aptos (APT), KAIA, and Ravencoin (RVN) stand out for their price surges and growing interest from major exchanges and analysts.
Aptos, a next-generation blockchain platform developed by former Meta (ex-Diem) engineers, has secured its place among the top 50 by market cap. In recent days, the token broke through a resistance level at $9.20, signaling a possible continuation of the uptrend. Its appeal lies in its scalability and its unique MoveVM architecture, which makes it attractive for developers in DeFi and NFT applications.
KAIA, a new token in the AI and metaverse ecosystem, gained over 15% this week following a Binance listing and integration with several major Web3 projects. Investors see KAIA as a potential “new Render,” focusing on neural computation and digital identity infrastructure.
Ravencoin (RVN), a long-time presence in the crypto space, is regaining popularity. With its focus on asset tokenization and copyright protection on the blockchain, RVN surged 14% after announcing partnerships with several independent music platforms.
The rise of these altcoins demonstrates that there is room in the crypto world not just for the giants, but also for innovative, purpose-driven projects capable of capturing market and user interest.
TradeCityPro | Bitcoin Daily Analysis #112👋 Welcome to TradeCity Pro
Let’s dive into the analysis of Bitcoin and key crypto indexes. As usual, in this analysis I’ll review the futures triggers for the New York session.
⏳ 1-Hour Timeframe
Yesterday, Bitcoin finally broke through the resistance zone it had formed. As you can see, it pushed through this level with strong buying volume and is now moving toward 108777.
🔍 If you entered a position using yesterday’s triggers, I’d be glad to hear about it in the comments. Your feedback gives me great energy.
⭐ Today, I cannot provide a specific trigger because the market has already made its move. If you do not have an open position, it is better to wait for a new market structure and then identify a fresh trigger.
💥 At the moment, I expect Bitcoin’s upward movement to continue toward 108777. Market volume is strongly supporting the trend and is aligned with price action. RSI is also in the overbought zone, indicating strong buyer presence. If RSI stays above 70, the sharp upward movement is likely to continue.
📊 If a market correction occurs, the price could pull back to the zone I marked. In future analyses, I will review triggers for both trend continuation and possible reversals.
👑 BTC.D Analysis
Bitcoin dominance formed a higher low above 6449 and has now broken the 6467 resistance, signaling the beginning of a new bullish leg.
⚡️ If this upward move continues, Bitcoin dominance may climb further. However, if a pullback to 6467 happens, altcoins could see a strong upward move as well.
📅 Total2 Analysis
Looking at Total2, this index was supported at 114 yesterday and is now moving toward 117.
📈 If Bitcoin dominance starts to drop, Total2 will likely break above 117 and begin a main bullish trend.
📅 USDT.D Analysis
Now for Tether dominance. After forming a lower high below 479, it broke below the 472 support and is now heading toward 464.
✅ In my view, this movement toward 464 is likely to continue, and as that happens, the overall crypto market is expected to keep moving upward.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Bitcoin B-Wave Trap? Major C-Wave Down Correction Incoming!Bitcoin’s recent bounce has all the signs of a classic B-wave in an ABC corrective structure. After the impulsive A-wave down from the highs, this current rally appears more like a corrective relief move rather than the start of a new bullish impulse. Volume remains weak and the structure looks choppy — not the kind of strength you’d expect from a sustainable uptrend.
I believe we are now completing the B-wave, luring in late bulls before the real drop — the C-wave — begins. This next leg down could be sharp and painful, targeting key support zones and possibly wiping out the complacency that’s built up in the market.
🧠 Watch for signs of exhaustion in this rally.
📉 Potential C-wave targets: 98k 97k
⏳ Timing and structure suggest we’re close to the turning point.
Stay cautious. This could be the calm before the real storm.
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BITCOIN ROAD TO 300K !!! ELLIOTT WAVE CASE STUDYThere are three possible cases for Bitcoin which we can now consider according to Elliot wave count on big picture:
Case I: According to this count if we hold above 74.5k , recent low, we may see major shift in BTC. Retracement Up to 92-79k is good which will form inverse head & shoulders, potentially breaking ATH up to 170K, if things goes well & 74.5K region remains on hold.
Case II: If in case 74.5K region breaks, then it will invalidate minor count causing BTC to retrace more up to 64-52K major reversal zone region. If such thing happens, bullish shark pattern will be formed causing major reversal from that region BUT 49K region should remained hold!!!
Case III: Worst case scenario if 49K region breaks, then it will cause major count invalidation dropping BTC further up to 45-33K region.
Pudgy Penguins PENGU Gearing Up for a +100% Move! 🐧 BINANCE:PENGUUSDT has completed its 5-wave advance from the April low (wave 1) and corrected with a 3-wave Zigzag structure in wave (2), reaching the buying area at equal legs $0.009 - $0.008.
🚀 Now, it's setting up for wave (3) higher, with an initial target at $0.022.
🌊 Are you positioned to catch the next wave higher?
Exploring Bullish Targets for Hyperliquid HYPE🚀 BINANCEUS:HYPEUSD has surged into a new ATH and the most bullish scenario suggests a nest structure forming.
🎯 This setup could lead to an extension beyond the 1.618 Fib level at $66, opening the door for +$100 range in the coming months.
Are you positioned for this breakout? What’s your personal target for this cycle?
TradeCityPro | ADA: Holding Key Support Inside Descending Channe 👋 Welcome to TradeCity Pro!
In this analysis, I want to review the ADA coin for you, one of the most popular cryptocurrencies, currently ranked 10th on CoinMarketCap with a market cap of 23 billion dollars.
📅 Daily Timeframe
As you can see in the daily timeframe, the price is fluctuating between two key support and resistance zones. Additionally, there's a descending channel in play, and the price has recently been rejected from the top of this channel and moved down to the support zone.
✨ The 0.61 zone is a very strong area, and the price has reacted to it multiple times. It was broken once, but as the price reached the bottom of the channel, it was supported again and moved back above the level — indicating a possible fakeout.
✔️ If this zone is broken again, the likelihood of another drop toward the 0.5579 level or the bottom of the box increases. So I think it’s worth considering a short position on lower timeframes if this zone breaks.
💥 RSI entering the oversold area would be a strong momentum confirmation trigger for this trade.
📊 Currently, ADA's volume is quite low, and with this low volume, it’s not suitable for either long or short positions. I suggest waiting until significant volume enters ADA before taking a position.
🛒 For spot buying or long-term long positions, the first trigger is the price's reaction to this support zone. If a confirmation candle forms here, we can consider entering. However, in my view, this trigger is risky, and I personally prefer to wait for more reliable confirmations.
📈 A more reliable trigger would be a breakout of the descending channel. If either the channel itself or the 0.8414 trigger is broken, we can enter a position. And if you want the strongest confirmation and wish to enter with the main trend, you should wait for the 1.1325 level to be broken.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Uma Update: How To Use Moving Averages For Trading SuccessThe moving averages can be an excellent tool for trading, you can use them to confirm where the market is headed next. I no longer use them as often as before but you can use them all the time to know which pair is weak and which one is strong.
When the action is happening daily above EMA55/EMA89, the bullish bias is confirmed mid-term. When the action is happening daily above MA200, long-term growth is possible. And it keeps on going with the shorter and longer EMAs.
I just mentioned EMA89 looking at Compound (COMPUSDT), the same signal is present here.
UMAUSDT produced three days green with really high volume. It was removing EMA89 as resistance, now it trades above this level which signals that the mid-term bullish bias is fully confirmed.
Without the EMAs plotted on the chart, we have this:
The last three days look like nothing special, just a small advance. But, when the moving averages are on, you know the bulls have taken control and it makes it easy to go LONG.
See the chart:
Now you know, we are set for long-term growth. It is not me saying it, this is the message coming from the chart. I am translating the chart. The chart is saying up.
Everything I share is data supported, it is all based on the actual market, that is why we produce such a high success rate. 100% data supported analysis. Simply the best. Don't you agree?
Thank you for reading.
Namaste.
Compound Gets Even Better —Bull Market ConfirmedThe trading pair COMPUSDT seems to be struggling short-term, daily timeframe, but what is actually happening? Why all the daily candles continue to close so small even while volume is high? Let me explain.
Resistance was present on the form of EMAs. Recently, COMPUSDT managed to break above EMA21 and EMA34, then EMA55. But one major level still needed to be taken out, EMA89. This is the blue line on the chart.
Two days ago COMPUSDT moved and close above this level. Yesterday, there was a Doji but no retrace. And today the action is green above $45.27 (EMA89). This is bullish confirmed.
See what happened back in November 2024, it is all the same. When COMPUSDT managed to close daily above EMA89, we have a massive bullish wave. It will be the same but different. The difference is that this time around the bullish wave will be many times bigger, prices will go much more higher.
Thank you for reading.
Namaste.
0X New Bullish Impulse, New All-Time High Late 2025I see bullish market conditions with a long-term growing base. Each time there is a correction, or bear market, the end price of the move is higher compared to the previous cycle.
The all-time high remains in 2021. This never breaks. There has been some bullish waves but not enough to break the 2021 ath. This time it will be different.
In 2025 we get a new all-time high. Or in early 2026 we get a new all-time high. No, for this one, in 2025.
So late 2025 ZRXUSDT will produce a new all-time high and this will be the highest price ever and it will be something truly awesome.
Right now the chart is great for buyers. If you are a bear (down-red) the chart is no good. The chart isn't good for a bear because it isn't going any lower. In fact, if you were to place a SHORT here, selling with a loan, then you would end up losing everything as prices move up. You would be certain to a receive a nice liquidation, all money gone.
On the other hand, buy spot hold strong or go LONG, and you are in a great place. While the downside is limited at best, there is no limit to how high prices can go in this upcoming bullish wave.
We are seeing the end of the retrace, the higher low after the initial bullish breakout after the end of a major correction.
Here the correction started in March 2024. The first low happened in August 2024 and the lower high December 2024. At the bottom 7-April 2025 the correction ends. The small bounce is the start of the next bullish wave.
So, March 2024 = 0
August 2024 = A
December 2024 = B
April 2025 = C
That's ABC. A classic correction. After a correction we get a bullish impulse and this simply means new heights for this pair. This new high will come in a set of 3 bullish waves with two bearish waves.
1 = bullish up.
2 = bearish down.
3 = bullish up.
4 = bearish down.
5 = bullish up.
1,2,3,4,5. That's the bullish impulse.
Namaste.