Crypto market
BTC Bulls Target $111,653, Is This the Next Explosive BreakoutThe BTCUSDT 4-hour chart is showing a clearly bullish structure. After consolidating below the $108,664–$107,800 resistance for several weeks, Bitcoin finally broke above this area with a strong impulsive move, confirming the zone as a new support. This breakout coincides with improving market sentiment, especially after Metaplanet’s $108 million purchase of BTC and a surge in ETF inflows, which have been helping Bitcoin reclaim levels above $109,000. The price is currently consolidating just above the breakout area, indicating that buyers are defending this zone aggressively.
Resistance Level 1, around $110,254, is the first significant barrier and aligns with the area that rejected price several times in late May. If this level is broken, the next target sits at Resistance Level 2 near $111,653, which was the major swing high established in early May. Holding above the current support is critical, as a decisive 4-hour close below $107,440 would invalidate this bullish scenario and likely trigger a deeper retracement.
The recent price behavior suggests a potential ascending triangle breakout retest, a classic continuation pattern where buyers step in on each dip. Momentum remains strong, and the risk/reward profile favors long setups as long as the higher-low structure is preserved.
Trade Setup (Bullish Idea)
Entry Zone: $108,700–$109,000 (on a confirmed retest of support)
Stop Loss: $107,440 (beneath the invalidation zone)
Take Profit Targets
o TP1: $110,254
o TP2: $111,653
The setup offers an estimated 2.4–2.7 risk/reward ratio, depending on precise entry and execution. As always, it’s recommended to wait for confirmation candles or wicks rejecting the support zone before entering.
If the breakout holds and volume expands on the push through TP1, Bitcoin could quickly revisit the $112,000 area in line with broader market optimism and institutional buying. Just be aware of the invalidation level, as any breakdown below $107,440 could trigger a fast move back to prior range lows.
Ethereum Trading Strategy: 5:1 Risk-to-Reward Ratio"Ethereum Showing Strength on the 4-Hour Chart — A New Bullish Trend Emerging?"
The 4-hour timeframe is starting to show strong bullish momentum. Could this be the beginning of a new uptrend?
A potential 5:1 risk-to-reward setup is forming:
Entry: 2,620
Stop Loss: 2,364
Target: 4,062
Support 2500 must hold!!!
SEI Long – Breakout with Relative Strength & Trend ContinuationSEI is showing strong relative strength and has just broken out of recent structure. We’re watching for a higher low to form above the $0.22 zone, confirming trend continuation and unlocking upside liquidity.
📌 Trade Setup:
• Entry Zone: Around $0.22
• Take Profit Targets:
o 🥇 $0.29
o 🥈 $0.39
o 🥉 $0.49
• Stop Loss: Daily close below $0.19
INJUSDT Forming Bullish PennantINJUSDT has recently emerged as one of the more promising crypto pairs to watch, attracting significant investor interest with strong trading volume. While no specific pattern is clearly defined on the chart right now, the market structure indicates that accumulation is happening at key support zones, hinting at a potential bullish breakout. Traders expecting an 80% to 90%+ gain see this as an opportunity to ride a strong upward trend as Injective Protocol continues to grow in the decentralized finance (DeFi) sector.
Injective Protocol (INJ) is well-known for its innovative approach to decentralized derivatives trading, offering a fully decentralized layer-2 exchange and robust DeFi ecosystem. As the crypto market shifts focus towards real utility projects, INJ stands out due to its unique value proposition and active developer community. This strong fundamental backing is one of the reasons investors are accumulating positions now before any major breakout happens.
Technically, INJUSDT is poised for a move once it clears resistance levels that have capped its price in recent months. Increasing volume suggests that traders are building positions in anticipation of a breakout, which could be fueled by positive news or broader crypto market momentum. Keep an eye on potential catalysts like protocol upgrades, partnerships, or DeFi adoption that could propel INJUSDT towards its projected gain.
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BTCUSD 7/4/2025Come Tap into the mind of SnipeGoat, as he gives you a Market Breakdown of Bitcoins current Price Action here on Independence Day! It's all about reading the Candles that the market presents, to determine what Price is doing & ultimately going to do.
_SnipeGoat_
_TheeCandleReadingGURU_
#PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #NakedChartReader #ZEROindicators #PreciseLevels #ProperTiming #PerfectDirection #ScalpingTrader #IntradayTrader #DayTrader #SwingTrader #PositionalTrader #HighLevelTrader #MambaMentality #GodMode #UltraInstinct #TheeBibleStrategy
XLM READY FOR 40% GAINS!!!Hold onto your hats. We have been trading sideways for quite some time now. As you can see, we are running out of room. We Already have a double bottom and have great support. PayPal is going to push us to the moon, but for now, 40% gains feels pretty good. If you look at my ghost feed you will see we will probably trade in this range until the 3rd week of July; however, I won't rule out a run as early as next week. They may continue to push it down to the lower part of the triangle, but don't be fooled, you can see inside my forecast box that there is greater chance for bullish activity than bearish. Have a happy fourth y'all!
ETH Daily: Contracting Triangle Nearing Completion – Downside BrPattern Overview
Textbook five-wave contracting triangle (A-B-C-D-E) fully formed
Price compressed between converging trendlines – coiled spring ready to release
Volume steadily declining into apex – classic pre-breakout signature
Multiple indicators point to downside resolution
Technical Analysis
Elliott Wave Structure
Clean 3-3-3-3-3 corrective sequence confirmed
All waves respect triangle rules: C < A, D < B, E < C
Converging boundaries create pressure for explosive move
Timing Analysis (Neely Method)
Triangles complete within 60-80% of A-to-apex timespan
ETH now sits directly in this critical window
Resolution expected within 4-6 weeks maximum
Price Projection Methods
Largest Wave Rule: Thrust often equals biggest internal leg → Target: $1,350 then $900
Minimum Line Rule: Must exceed lowest triangle point (~$880) for valid thrust
Fibonacci Extension: 0.75-1.25x of C-D height → Extended targets: $750-$300
Key Levels & Targets
Support Break: Pink trendline (see chart)
Initial Target Zone: $1,200-$900
Extended Targets: $600-$300 if momentum builds
Invalidation: Close above upper resistance line
Trading Strategy
Entry: Daily close below rising support line
Target 1: $1,200-$900 (confluence zone)
Target 2: $600-$300 (1.25 fib extension)
Stop Loss: Re-entry into triangle after breakdown
Risk Management: Small position size, use trailing stops, monitor ETF flows
Market Context
Triangle maturity suggests imminent resolution
Volume expansion will confirm breakout direction
Watch for macro catalysts that could accelerate move
ETF decisions and regulatory news remain wildcards
Action Plan
Triangle has exhausted time – breakout window is NOW
Technical evidence strongly favors downside
Wait for clean break with volume confirmation
Prepare for potential cascade to three-digit prices
Stay disciplined – let the market prove the direction
ETH/USDT 1D🔍 ETH/USDT - technical analysis (1D interval):
📉 Price: 2478 USDT (-4.36%)
🔧 Resistance:
• SMA 200 (green): ~ 2589
• Resistance zone: ~ 2715 → 2880 USDT
• SMA 100 (blue): ~ 2500 (just rejected)
🔧 Support:
• SMA 50 (red): ~ 2434 - currently tested
• Strong support: 2373, 2314, 2223 USDT
📊 indicators:
• MacD: freshly intersected, but the momentum is weakening
• RSI: ~ 45 - neutral/weak, under 50 (no bull strength)
• Trend: Still in the downward channel (yellow trend lines)
⸻
⚠️ Conclusions:
• Price rejected from 2500 (SMA 100) and flies down.
• If 2434 falls, a further discount is possible to 2373–2314.
• Lack of bulls with key resistance - the inheritance scenario dominates.
• Watch behavior at 2434 - this is now a key level.
#MYRO/USDT. LONG?#MYRO
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward break.
We have a support area at the lower boundary of the channel at 0.016650, acting as a strong support from which the price can rebound.
We have a major support area in green that pushed the price upward at 0.01600.
Entry price: 0.01666
First target: 0.01750
Second target: 0.01837
Third target: 0.01955
To manage risk, don't forget stop loss and capital management.
When you reach the first target, save some profits and then change the stop order to an entry order.
For inquiries, please comment.
Thank you.
BTC vs DXY – Macro Setup at a Crossroads
Looking at BTC and DXY on the weekly, we’ve seen 3 key periods so far. In the first two, the pattern was clear: BTC went up, DXY went down.
Now we’re in the third period: what’s next?
👉 Has the move already played out?
👉 Is it happening now?
👉 Has DXY bottomed and BTC topped, or will DXY go lower while BTC climbs?
Macro conditions may help guide us.
BTC looks strong — supported by ETF inflows, on-chain strength, and institutional demand.
DXY looks weak — with softer economic data and rising expectations for rate cuts.
In my view, tariffs are likely to weigh heavier on DXY than BTC, favoring more upside for BTC.
The recent Big Beautiful Bill could also add fuel to BTC while adding pressure on DXY.
Always take profits and manage risk.
Interaction is welcome.
ETH could be about to rip into a short-term rallyWhile the stock market has seen surprising upside in the past weeks (presumably due to pricing in rate cuts / a more positive liquidity picture / high expectations for Q2), crypto has lagged behind. I don't believe anything significantly above current prices - no matter in which market - is sustainable for now, but we can certainly milk it for whatever it's worth.
Notably, BTC has shown way more resilience and dominance in the current cycle so far. This makes sense in a high interest environment. However, within the bias of the markets pricing in expectations for rate cuts and as such more liquidity, we could also assume that demand for assets other than "safe havens" would now increase as well, leading us to the biased conclusion that we could see altcoins wildly outperforming BTC over the next weeks.
Indeed, if we look at the BTC chart, technicals such as VWAP stddevs show significantly less potential for upside if compared to ETH in the current moment in time. We therefore would focus on ETH at this point (as money flow seems to cycle BTC->ETH->Others).
PLEASE NOTE: SL and TP are not accurate. This is not a precise trading idea. Please use your own judgement in accordance with your trading style.
PENGU's RSI Signals Possible Pullback AheadPENGU may be at risk of a short-term correction as buying pressure cools off. The RSI currently sits at above 70, placing the altcoin firmly in overbought territory.
RSI values above 70 typically signals unsustainable momentum and hints at an upcoming pullback or consolidation phase.
Trader are advised to watch for weakening momentum as buyers become exhausted. Once selloffs commence, the token's price could fall to $0.0037.
On the other hand, if demand swells, the meme coin's price could reach $0.018.
July 3 Bitcoin Bybit chart analysis
Hello
This is Bitcoin Guide.
If you "follow"
You can receive real-time movement paths and comment notifications on major sections.
If my analysis was helpful,
Please click the booster button at the bottom.
Here is the Bitcoin 30-minute chart.
There will be a Nasdaq index announcement at 9:30 and 11:00 in a little while.
I created today's strategy based on the Nasdaq pattern and Tether dominance vertical decline conditions.
*One-way long position strategy when the red finger moves
1. $109,838 long position entry point / stop loss price when the purple support line is broken
2. $111,549.7 long position 1st target -> Great 2nd target
The 1st section at the top and the 2nd section at the bottom are sideways sections.
Even if the strategy fails, if the green support line is not broken,
it is good for a long position.
Below that
Bottom -> Please note that it is open up to 107,841.4 dollars
Up to this point, I ask that you simply use my analysis for reference and use only
I hope that you operate safely with principle trading and stop loss prices.
Thank you.
Live trade hello friends👋
Considering the fall that we had, you can see that the buyers supported the price at the support point and caused it to grow. Now with the return of the price and the construction of an upward pattern, you can see that we can enter into the transaction with capital and risk management and move to the specified goals with it.💰
🔥Join us for more signals🔥
*Trade safely with us*
#GALA/USDT Gala bull run possible ?
#GALA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it.
We have a bounce from the lower boundary of the descending channel, this support at 0.0600.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward move.
There is a key support area in green at 0.01312, which represents a strong basis for the upward move.
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We have a trend of stability above the Moving Average 100.
Entry price: 0.01360
First target: 0.01412
Second target: 0.01450
Third target: 0.01500
Don't forget one simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
BNB/USD (4h interval)🔍 1. Chart structure
Instrument: Binance Coin / USD (BNB/USD)
Interval: 4 hours
📐 2. Technical formations
🔸 Breakout from the descending wedge formation
The descending wedge (orange lines) is a bullish formation - it suggests a potential breakout upwards.
The breakout occurred dynamically, with a large breakout candle (confirmation of the formation).
The goal of breaking out of the wedge is usually the height of the entire formation - this is marked with an orange arrow.
📈 Breakout range (target): around $697–710
🟢 Potential next targets:
697.83 (local resistance/projection result)
710.73 (main wedge height projection)
728.12 (strong resistance from history)
📊 3. Supports and resistances
🟥 Support zones (red rectangles):
$648.5–637.5 – previous resistance, now tested as support after the breakout.
$608.5–592.5 – strong support from previous lows.
🔼 Currently, the price has tested the upper support zone (648–637), reacted positively and continues to move up.
🟩 Resistance levels (green horizontal lines):
679.88 USD – local resistance, first target after breaking out of the wedge.
697.83 USD – projected range from the formation.
710.73 USD – full technical range of the breakout.
728.12 USD – strong resistance from history, may be a long-term target.
📉 4. Trends and support lines
Purple upward trend line – currently the price is above, which confirms the short-term upward trend.
Its break may lead to a retest of 648–637 USD.
Only below this zone can a larger correction be considered.
📈 5. Stochastic RSI indicator
Currently in the overbought zone (above 80).
Possible temporary cooling – signal for local correction / consolidation.
It is worth waiting for the indicator to go down to around 20 to re-enter the long.
✅ 6. Scenarios
🔼 Bullish (base) scenario:
Staying above 648–637 USD.
Maintaining the uptrend line.
Continuation to 679.88 → 697.83 → 710.73.
🔽 Bearish scenario:
Breaking the purple trend line.
Returning below 648 USD → going down to the 608–592 zone.
Negation of the breakout from the wedge.
📌 Final conclusions
Breaking out from the descending wedge is a strong pro-growth signal.
The price behaves in accordance with technical analysis, testing the previous resistance as support.
Currently, the retest and consolidation phase is underway – maintaining the trend line and the level of $648 will be key.
The medium-term target is $697–710.
Will #HOOK Continue to Rise or a Trap is Being Set? Must Watch Yello Paradisers! Have you seen the recent price action of the #HookedProtocol or not? Let's see what's happening with #HOOK and its next move:
💎#HOOKUSDT has been moving in a clear falling wedge pattern, with price respecting both the descending resistance and support levels since late April. After multiple rejections from the lows, we finally saw a breakout from the wedge, which is a potential sign that bulls are preparing for a shift in structure.
💎Currently, #HOOKUSD is trading near 0.1120, and the 50EMA is now acting as support, which increases the probability of a continued move higher. The first area we are watching is 0.1242, which now acts as the moderate resistance. If the market manages to hold above this level, it opens up the path toward 0.1938, the next strong resistance, and a level where profit-taking becomes critical.
💎However, if bulls fail to hold the structure and price breaks back below 0.0779, then the entire bullish setup becomes invalid. In that case, we’ll likely revisit the 0.0600 region, and the trapdoor opens for late buyers who ignored the warning signs.
Stay sharp, Paradisers. The market is about to pick a side and we’ll be on the right one.
MyCryptoParadise
iFeel the success🌴
C98USDT – Potential Impulse Wave 3 in Progress? | Elliott WaveHello traders! 🚀
Sharing a fresh Elliott Wave setup I'm currently monitoring on C98USDT (4H TF). The price structure is unfolding clearly and may be in the early phase of a classic 5-wave impulse.
After an impulsive move up completing Wave (1), the market corrected in a textbook ABC pattern down into a key demand zone, finishing Wave (2). We’re now seeing strong bullish momentum suggesting the beginning of Wave (3) – the longest and most aggressive wave in Elliott theory. ⚡
Trade Setup:
🟢 Entry Zone: 0.043 – 0.046
🔴 Stop Loss: 0.03913
🎯 Target Price: 0.05955
💡 Note: Always manage your risk and confirm with your own analysis before entering any trade.
Let me know your thoughts and wave count below! 👇
Happy trading! 🚀
Bullish bounce for the Bitcoin?The price is falling towards the pivot which is a pullback support and could bounce to the 1st resistance.
Pivot: 108,797.87
1st Support: 106,083.15
1st Resistance: 112,003.20
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.
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