Daily Charts
A subtle channel breakout most people wont notice on xrpThis channel is a little sneaky as the majority of the key touches on the top trendline happened earl on in the beginning of the channel, the 3rd resistance of the top trendline of the channel is much more visible on the 4hr chart but I wanted to show it on the 1day chart to see the entire channel in the frame more easily. Rising channels breaking upward are always a good sign that we are starting to enter the parabolic phase of a bull market. Already well on its way to reaching this target. *not financial advice*
102K is the next oneGreetings everybody,
So, BTC is taking important targets one by one. 85 all-time AB=CD target already is behind and next one is 102K. NOw price stands between them, but BTC is not at overbought on monthly chart, so potentially it could keep moving higher.
THe major intrigue right now is the retracement. Whether BTC shows response to 85K target and then will turn to 102K or, it will go to 102K directly and after that will start the pullback...
Based on performance we suggest that attempt to reach 102K has more chances now. Thus, we bring you the chart with potential 3-Drive pattern that could finalize this action.
If you would like to wait for deeper retracement and don't rely on 3-Drive, then your option is potential 4H H&S pattern and ~80K support on average to watch for:
Our opinion that 3-Drive has better chances to happen, but we will see... We consider no shorts by far.
SasanSeifi| Bullish Trend Building as $1.90 Holds!Hey there, ✌ In the daily time frame, as you can see, the price of BINANCE:OPUSDT has been oscillating with a slight increase after holding the $1 level for a relatively long period. After an initial rise and hitting a supply zone, the price has returned to the demand zone around $1 and, after reaching this level, we have witnessed another slight increase.
Currently, as shown in the chart, the long-term downward trendline has been broken in the daily time frame, and the price is moving toward the $2 level. This break in the downtrend could indicate a potential trend reversal and the beginning of a new upward movement. Considering the overall market conditions and existing demand, the likelihood of continued price growth in the short and medium term has increased.
One scenario we can consider is that if the price stabilizes above the supply zone, which is currently near the $1.90 level, we can expect OP to move toward higher levels. In this case, mid-term and long-term price targets could range from $2.20, $2.50, to even $3. The key support zone on the daily time frame for OP is at the $1.50 level.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
Ugly invh&s on XRPUSD already breaking above the necklineEven though this already now has a sizable candle breaching the neckline of this inv h&s pattern, we must remember that even bigger breaks above invh&snecklines in the past have still found a way to dip back below the neckline, and this candle currently has a decent top wick goin on it as XRP often likes to pull after a pump, so we haven’t validated the breakout of this pattern just yet. However, wanted to post a new updated version of this pattern to show that if we were to validate the breakout here which is a little earlier than where. Arbitrarily placed the measured move line of the breakout on the previous version of this chart, the target would then be slightly higher taking us to around 93-94 cents. Again, no guarantee we won’t find a way to dip back below the neckline here in which case I will ahve to readjust the measured mvoe line lower again but I still out of excitement wanted to post this update considering XRP has been playing it coy the ast few days that bitcoin has been pumping. *not financial advice*
Aptos forms a new invh&s while reaching the target of its last 1Previous inverse head and shoulders target on APTUSD has just been hit. Upon reaching that breakout target, it formed another invh&s neckline and also broke generously above it as well in the journey. I will add a link to the previous invh&s chart below. *not financial advice*
SasanSeifi| Will the Price Break Above $38 for Strong Uptrend?Hey there, ✌In the daily timeframe BINANCE:ORDIUSDT , as observed, the price has entered a corrective phase after a significant rise from the $40 range. Following the correction, with the $30 level holding, we have seen positive fluctuations again. Currently, the price is at the $35 range, and during this movement, there have been reactions to the downward trendline.
Since the price is still below the 200-day moving average (EMA 200), paying attention to its behavior near this level and a potential breakout is crucial.
Given the overall market conditions, the medium-term outlook for the price trend appears to be bullish. If the price can maintain the $33 to $31 range and, in the next phase, break above the $38 level along with the EMA 200 and establish itself above it, there is potential for a significant price increase towards the $43 to $45 range.
In this scenario, the market could enter a strong uptrend. Therefore, if the price stabilizes above $38, further upward movement and growth would be likely.
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
85-88K is the next oneMorning folks,
So, BTC has made a historical breakout. But for those who read our monthly report it is not a surprise. This is long term game and the pumping process is just starting. If you want to know what is really going on - you could read it.
Meantime, we consider 85-88K as the next upside target. If BTC will show pullback prior it will reach it, then 73K seems like interesting level to consider for long entry. If pullback will start after 85-88K will be completed - then do not hurry up with position taking as retracement might be deeper.
We do not consider any short positions for now.
SasanSeifi| From $1.00 to $1.70, What's Next for This Asset!?Hey there, ✌On the daily time frame BINANCE:FETUSDT , as you can see, we’ve seen a notable price increase from the demand zone around $1. At the moment, the downward trendline that had previously capped the market has been broken, and the price is now trading around $1.50. The overall market sentiment appears to be shifting bullish, and it is expected that the price could rise to the levels of $1.60 – $1.70.
After this, considering the possibility of a consolidation or pullback phase, it is anticipated that the price will continue its upward movement and may reach the $1.90 level, followed by the $2 supply zone. If the price continues to rise, it will be crucial to closely monitor how the price reacts at these key levels in order to gain a better understanding of the next potential moves.
The current important support zone is at $1.35.
Therefore, before making any decisions regarding entry, it is highly recommended to carefully analyze the overall market conditions and pay close attention to the key support and resistance levels.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
SasanSeifi| Price to Target $0.43 in Mid-Term!Hey there, ✌In the daily timeframe, as seen on the chart KUCOIN:ZEUSUSDT , the price has shown a slight recovery from the 0.20 cent zone and has increased moderately. Currently, with the break of the descending trendline, the price has risen to the 0.30 cent zone. Given the overall market conditions, there is still potential for further price growth.
The scenario we can consider is that the price may undergo a minor correction and pullback from the 0.32–0.35 cent range. If the levels of 0.30 to 0.25 cents are held, and the pullback completes, the price could potentially reach mid-term targets at 0.38 cents and eventually 0.43 cents.The likely trend, as shown in the chart, confirms this scenario.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Potential invh&s on filecoin daily chartNot guarantee this plays out and usually nor wise to chase an inv h&s trade until the right should completes on the neckline, but considering the crypto market appears to be resuming its uptrend soon it does greatly increase the probabilities of this playing out so it’s worth keeping an eye on imo. *not financial advice*
SasanSeifi| Is Filecoin Ready for a Bullish Rebound?Hey there, ✌In the daily timeframe, as you can see, Filecoin ( BINANCE:FILUSDT ) has been in a downtrend for a while, falling from the $10 range. After this decline, the price found support around the $3 range, showing positive reactions and some volatility. Currently, the descending trend line, which had multiple touches, has been broken, and the price is now trading around $3.90.
Considering the $3 demand zone holding and the breakout of the long-term downtrend, there seems to be potential for some minor upward moves in the future.
🔹 One scenario to watch is that if the price breaks through the $4 level with strong momentum and stabilizes above it, we could see growth towards the $4.20 target and the supply zone around $4.50.
🔶 If the price rises, it will be important to monitor how it reacts to these levels to better understand the future trend. After a potential negative reaction and minor correction, the price could push up again and reach as high as the $5.50 to $6 range.
🚨Key support levels to watch are $3.50 and $3.20. Holding above these levels is crucial for maintaining the bullish outlook. ❗❗
⭕(The chart is logarithmic.)
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
Back to 78.6K targetMorning guys,
So, BTC was able to hold ~68K lows, keeping short-term bullish context intact. Now market is overbought, so, in short-term we could get minor drop back to Fib support level - 72.8K and 70.5K, where upside action potentially could be re-established.
The upside target remains the same - daily AB-CD @ 78.6K level.
SasanSeifi|Will the Price Break Above $0.18 or Face a CorrectionThe previous analysis.👇
In the daily timeframe BINANCE:DOGEUSDT , Dogecoin has held support around the $0.090 level, entering a consolidation phase. The forecast suggested a short-term target of $0.125, followed by a possible move to the $0.14–$0.15 range. Observing Dogecoin’s reaction to both the $0.125 level and the liquidity area around $0.14 is crucial to understanding its future direction.
As predicted, Dogecoin maintained its support at $0.10 and resumed an upward trajectory, achieving a significant 46% increase up to the $0.15 target. Following this, Dogecoin encountered resistance, triggering a slight retracement, and a potential pullback down to the $0.125–$0.12 range is expected. Further monitoring of price reactions at these support levels will clarify its next movements. After a period of consolidation and confirmation, there’s a chance for another round of upward fluctuations and bullish momentum. However, should the price fail to hold, further corrections might follow.
New analysis👇
As shown on the chart, after a slight retracement down to the $0.125 area and completing a pullback, Dogecoin has rebounded with a 37% increase, currently testing a significant supply zone. If the price can push above the crucial $0.18 resistance level, Dogecoin could extend its growth to targets like $0.188–$0.20, approaching the next bearish order block. On the other hand, if momentum weakens, a corrective target at $0.158–$0.155–$0.15 could come into play. Observing price reactions to these support levels will provide clearer insight into Dogecoin's future trend.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
SasanSeifi| TONCOIN:Is a Further Correction Coming?Hey there, ✌
🔹In the daily timeframe, analysing the KUCOIN:TONUSDT chart, reveals that the price has been on a downward trend since the $8 level. After breaking the crucial $6 support, this downtrend extended to around $4.80. Following this decline, the price saw a nearly 50% recovery and pulled back to $6, but then faced further correction to $4.50.
🔵Currently, with the price not stabilizing below the previous LOW, it has managed to grow at least 50% from the previous correction leg. The medium-term outlook remains generally bearish. If the price fails to break significant resistance levels between $6 and $6.50 and confirm a SELL signal while completing the pullback, further price correction towards $4 and potentially $3.50 might occur.
💢However, if resistance levels are broken and stabilize, the price may rise towards the $7.50 to $8 range. In this case, further analysis will be needed to determine if the previous high will be surpassed and whether the bullish trend will continue.❗❓
💢 Please remember that this is just my personal viewpoint and should not be taken as investment advice. I’d love to hear your thoughts and share opinions!
Happy trading!✌😎
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
Watching for market reactionMorning everybody,
So, recent sell-off on stock market and rally of the US yields have made pressure as on Gold as on BTC but thankfully it was short term.
Still, BTC has dropped to the level that we've discussed last time - 67.5-68K. Why is it so special? First is, it stands around the all-time trend line resistance that recently has been broken up. Second is - the K-support level, which makes it rather strong and a great indicator of market's power.
From bullish point of view, we do not want BTC to drop back below it, breaking 65K lows down. At the same time, with elections hysteria environment we suggest to not take any position without confirming patterns. So, our trading plan is to wait for market response to this level. Once we get more or less clear patterns, we could act...
SasanSeifi| Dogecoin on the Rise? Hey there, ✌ In the daily timeframe, Dogecoin BINANCE:DOGEUSDT has entered a ranging phase following a lengthy downtrend, effectively maintaining the vital support level at 0.90 cents. As depicted in the chart, the downtrend line has been decisively broken, with the price currently trading around 0.11300. This shift may signal a potential reversal in market sentiment.
🔶If Dogecoin manages to maintain the crucial range between 0.10000 and 0.096, it is expected to target short-term goals of 0.12500 and subsequently aim for the 0.14 to 0.15 cent range. These levels are pivotal for reinforcing a bullish trend.
🔵As the price progresses, it’s crucial to observe Dogecoin’s reaction around the 0.12500 level and the liquidity zone at 0.14. The expected trend is outlined in the chart, and the overall outlook currently leans bullish. Nevertheless, vigilance regarding market volatility remains essential.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
78.6K is the next one to upsideMorning folks,
So, our " signal level" of ~68.6-69K has been broken and bullish setup has been set. Those who have used Stop "buy" entry orders should have good results.
Now the trading process is relatively simple. All that you need to do is to control 68.6-69K area. Because you do not want to see bearish reversal swing on BTC and drop back under long-term former resistance area again.
Other words, 68.6-69K is an invalidation point for current bullish action. So, if you intend to buy, you could consider 70.5K and 68.6K levels
SasanSeifi|Can We Expect $80 or More?Hey there, ✌ NYSE:RDDT In the daily time frame, it can be observed that we have experienced an upward trend from the $50 mark, with the price currently moving within an ascending channel. At present, the price is situated at the midline of this channel. The outlook remains predominantly bullish, and it is expected that after a brief consolidation, the price could rise to the previous peak of $78.
Furthermore, if the price breaks above the previous all-time high (ATH), we may witness further gains towards the targets of $80, $85, and even $90. To better understand the continuation of this upward trend, it will be crucial to observe how the price reacts to these anticipated levels. The potential trend is also illustrated in the accompanying chart.
Key support levels for this bullish scenario are found between $65 and $60. If these supports are lost and the price stabilizes below them, the bullish analysis will lose its credibility.
💢 This is just my personal analysis, not financial advice. If you found this helpful, feel free to like and comment – I'd love to hear your thoughts! Happy trading! ✌😊
69.3-69.5K is a key to the next directionMorning folks,
So, last time we said to not hurry up with the new long entry and then BTC has re-tested our 65.5K support area where we got nice long entry earlier.
At first glance BTC looks nice bullish performance, but it is clearly slowing. D. Trump crypto programme has done its job and totally priced-in. Its impact is exhausting. If D. Trump will take the office we could get jump in a moment, but it mostly will be a psychological reaction.
Now we would say that both directions have approx. similar chances. We have bullish and bearish patterns on different time scales. Thus, we suggest that 69.3-69.50K area will be the key to the next stop.
Upside breakout will lead BTC to action above 70K+ while "222" Sell, if it will work, probably will trigger deeper downside retracement.
So, make your bets with this issue in mind.
SasanSeifi| Will It Break Above the $2685 High?Hey there, ✌ In the daily timeframe, as seen on the chart OANDA:XAUUSD , gold's price started an upward movement from the $2300 range and reached a new all-time high (ATH) around $2685. After hitting this peak, the price entered a consolidation phase with a slight pullback that extended to the $2600 area.
Currently, we see that the price has rebounded from the $2600 level due to increased demand, pushing it higher towards $2,657. The medium- and long-term outlook leans towards further upward movement, with potential targets at $2700, $2725, $2750, $2790, and $2,800.
In the daily timeframe, maintaining the support range between $2600 and $2570 is crucial for sustaining the bullish trend. A likely scenario is that if the price stabilizes above $2660 and $2675, it could break the previous high and move toward the mentioned targets, as illustrated in the chart.
To gain a better understanding of the future trend, it's important to monitor how the price performs in the early days of the market. Additionally, if bullish momentum weakens and confirmations appear in lower timeframes, there could be a chance of range-bound movement or a retracement towards the support levels.
This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊