ETH/USDT – Ascending channel. Breakdown below support?Ethereum - is a smart contract platform that allows developers to build decentralized applications (DApps) on its blockchain.
CoinMarketCap : #2
↗️ Ethereum is moving within an ascending channel, and the bullish trend remains intact.
Inside the channel, there are two triangles.
The first triangle, with a base of 88%, has played out—its third wave broke through the triangle.
Liquidity grabs and shakeouts before the growth in the inner channel zones are marked with yellow circles.
Currently, we see a mirrored situation with a new triangle, this time with a 156% base. However, if this pattern plays out, it will break the ascending channel.
At the moment, the price has been dragged below the channel support, and there is a lot of negative sentiment in the news and opinions. Few believe in an upward move, and many have been liquidated. To me, this looks like a strong trigger.
⤵️The bearish scenario implies a -61% drop. (A less likely scenario.)
I've marked everything on the chart—consider this in your trading strategy. Remember, there's a lot of negativity around Ethereum, just like with all altcoins...
I also believe that on the monthly chart, it will end up being just a wick of the candle.
Crypto market
BITCOIN Will Go Down! Sell!
Please, check our technical outlook for BITCOIN.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 99,828.85.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 93,010.82 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Btc alien technologyHello guys i was spot on before and i will continue be spot on 140k-160k FLUSH TO 40-42k maybe wick 38.5k
Thanks retail Waits for 20-30k and not happening Bye ✋
Then load up cause NeXT leg Will be historICAL
ADAPT OR DIE
CRYPTO IS THE FUTURE CURRENCY.
AI IS FUTURE TECHNOLOGY
WEB3 IS EXPANDING.
BNB/USDT Hits Major Supply Zone – Will the Bulls Hold or Fade?BNB/USDT (1H Chart) just tapped a high-interest supply zone between $610 - $616, showing signs of temporary exhaustion after a strong bullish breakout above the $597 resistance level. This zone previously rejected price twice and could offer either a pullback opportunity or a potential short setup.
Key Technicals:
Supply Zone: $610–$616 (highlighted in blue)
Fresh Breakout: Price broke cleanly above $597.64, turning it into immediate support
Previous Range: Consolidation between $579.60 and $597.64
Demand Zone: $570–$580 marked in orange (high confluence zone for buyers)
Scenarios to Watch:
1. Bearish Rejection: If price fails to close above $616 on the 1H or 4H, we could see a retest of $597 or even $579.
2. Bullish Breakout: A solid close above $616 with volume may send BNB toward $630+, potentially starting a new leg up.
My Game Plan:
Watching for rejection candles (e.g., pin bars or bearish engulfing) within the $610–$616 range
Target for short: $597 and then $579
Break & close above $616: I'll look for bullish continuation entries
Trade Smart, Use SLs.
Let me know your view on this level – is BNB ready to fly or due for a pullback?
FIL 1d: Bulls Return Fire From No-Man’s LandThe 1D chart just printed a clean reclaim of the 50 EMA.
Volume confirms intent. MACD curling up.
Bull Load hits 75% — not a signal, a statement.
We're still under the 100 EMA and major resistance sits near $2.90–3.00.
But this is how structure shifts. This is how rotations begin.
Smart money doesn't chase breakouts — it builds before them.
FIL is back above the line. Bulls have air cover.
Now we wait for the artillery: continuation.
BCHUSD getting ready for gainsHello traders,
this is a monthly chart - to keep things really simple.
For the last 2 years BCH price has been "climbing stairs". These "stairs" are based on important levels dating 6 years back (green lines). Price action from Q2 of 2021 up until now has been creating a 'cup and handle' pattern. Handle has beatifully reversed from support level, RSI has found support at 50 level (also important level).
This seems a good entry point to me, with target price for profit taking at 1000-1100 USD. Trade is invalidated, if price dips below 265 USD (one step lower).
It will take some time for this to play out - remember, it is a monthly chart.
This is not a financial advice, trade at your own risk.
Possible x's on chessTo date, the market has reached the buying period of the second half of the week, which I outlined earlier. Against the background of extremely negative statistics for the United States over the past week and a half, ether sales were successfully repaid yesterday at the next bifurcation point, and purchases with an attempt to gain a foothold above 2100 will prevail until Sunday afternoon. Against this background, there is a new opportunity for altcoin mining.
First of all, I want to draw attention to chess, which has extremely high technical goals for retest up to $ 1 and can repeat the alpaca scenario with sufficient volatility. Today, there is a trend change and by the end of the week, the probability of a 0.1 level test prevails, which is necessary to increase volatility up to the 0.25 test. If the second half of the month opens above 0.1, we can expect the trend to continue until mid-June at least and the 0.25 test. Previously, large volumes of purchases were left for a hike above 0.25. Taking this level, in turn, opens the way up to 0.50-75, but this is probably the scenario for the fall. However, we should not rule out a sharp breakdown to 0.25 this week.
In addition to chess, I am primarily considering fio for work. Pivx adx and quick can also be considered for scalping, with possible growth waves of up to 40-60% for a local break of the last wave at least. These coins have fallen in price rather due to fears of another assignment of the monitoring tag and are highly undervalued relative to the current market position. Also this week, there is a high probability of a new bull run on fantokens with interruptions of up to 2-3. The most undervalued are the city atm acms, which I consider first.
Bitcoin - Bulls vs 99k or 115k ? The chart you've shared is a daily (1D) Bitcoin (BTC/USD) price chart on the Bitstamp exchange, with the current price at approximately $99,619 as of May 8, 2025. Here's a breakdown of the details:
Key Elements:
1. Support and Resistance Zones (Yellow Rectangles):
Support Zone: Around $70,000 to $80,000.
Mid Resistance Zone: Around $90,000 to $95,000.
Major Resistance Zone: Around $105,000 to $115,000.
2. Trend Analysis:
BTC has broken above the mid resistance zone (~$95,000), which may now act as support.
A bullish trend is indicated with upward momentum continuing.
3. Arrows (Forecast Paths):
The first blue arrow shows a continued upward trajectory, likely targeting the major resistance zone around $110,000.
The second curved arrow suggests a possible short-term pullback or consolidation after reaching that level.
4. Volume Indicator:
The volume appears steady, which could support a gradual price movement rather than a sharp spike or drop.
Summary:
This chart indicates a bullish breakout from consolidation with a potential move toward $110,000. However, the area marked around $105,000–$115,000 is a key resistance zone where selling pressure might appear.
Would you like an updated forecast or technical analysis for Bitcoin based on current market data?
BTC Fractal Update!!CRYPTOCAP:BTC is repeating the same ABC pattern that led to past 70 %+ rallies.
We're now at a decision point — next weekly close will confirm:
Scenario 1: Rejection Below $96K (Circle 1)
→ Likely dip to $78K–$80.5K (channel bottom + 0.5 Fib)
→ Final shakeout before major move.
Scenario 2: Breakout Above $96K (Circle 2)
→ Retest at $90.5K
→ Then rally toward $160K+ begins (Circle 3)
BTC is hovering near the $100K mark — up 5% from the $96K breakout — mirroring the previous breakout from $63K (Circle 2), where it surged to $ 67K (+5%) before a sharp retest to $59.2K, followed by a major rally.
A similar healthy retest could be on the cards before CRYPTOCAP:BTC breaks its ATH!
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Happy Trading!!
btc . tue . recapApproaching the cmLow during 2/4pm (utc+2) on tuesday, brought the tiny SFP liquidity and and a NO LOOK BACK push upwards. The SHORT wasn't taken as the the bounce showed no weakness
The intraday LONG turned out to be a runner.
entry . 93454
tp1 . 94854 . +1.5%
- this seems a 'too early tp', correct but: thought as an intraday . securing the daily minimum: PROFIT TAKEN
tp2 . 100477 . +7.5%
tp3 . 103626 . +10.8%
The long entry is now at average 94863 . ish prv tp1
- I was waiting for lower, to add LONG position size
But upon not seeing follow through and strong bounces on lower TFs, I went with a 30% of original trade size addition during wednesday 8/10pm.
Now it's 10:30am, we've just pushed another 1h leg higher. I'll ride this to my next TPs, bigger reactions at this point I see only at higher prices.
This thing is BULLISH
(always hungry for good SHORT trades, but paytient for reactions)
DODO - not yet ready for reversalDODO broke support range at the bottom and is now going lower, clearly showing it's not yet ready for reversal. However price is in oversold range and pattern similar to AIOZ, indicating that dip will not be deep and long lasting. Once we bounce I expect push up to test August 2021 pivot above fibb 0.618 range.
DENT about to pull XRP move!DENT is sitting at longterm RSI support line which till now alway brought bounce up. Looking at structure we see same pattern as XRP had before blasting up and breaking major diagonal resistance line. I expect same move from DENT. 1st likely target is fibb 1.272 extension but we can also skip it and immediatly push for ATH level test and correct from there so slowly DCA profits out is the strategy here.