Ethereum Weekly: Bullish & Bearish ExplainedEthereum has been sideways five weeks straight. Market conditions here are bullish and bearish short-term. Let me explain.
The market has bearish potential because of resistance. Ethereum has been facing resistance and fails to move forward for more than one month, but the bias isn't bearish, this is just a potential based on short-term price action.
The market has bullish potential because of a strong recovery after the 7-April low; because it trades above the August 2024 low and because there is very little retrace since the 5-May break of resistance in the form of EMA34 and MA200.
Ethereum is bullish because it trades above MA200 and remains above this level.
We are seeing bullish consolidation. There was an advance recently and after this advance the market went sideways. This means bullish.
While there can be a retrace short-term, market conditions remain bullish for this pair; ETHUSDT.
The bulls have the upper-hand and the majority of signals are bullish. Ethereum will continue to grow.
There is no scenario where Ethereum moves and closes weekly below its 3-Feb and 24-Feb lows ($2,075). It is simply consolidating before additional growth. It is going to go up, sooner rather than later.
Thanks a lot for your continued support.
Namaste.
Crypto market
Reaccumulation Before Breakout? Idea Summary:
Ethereum is currently in a consolidation phase after testing the $2,700–$2,750 zone. Using Fibonacci retracement and extension levels, I anticipate a potential bullish continuation pattern forming above key support zones, with eyes on higher targets.
🔍 Technical Analysis:
Current price: ~$2,540
Key Fib retracement levels:
0.786 – ~$2,347 → holding as immediate support
0.618 – ~$2,222
0.5 – ~$2,064
0.382 – ~$1,906
Resistance zone: ~$2,734 (Fib 1.0)
Main breakout target:
1.618 extension – $3,563
2.618 extension – $4,904 (longer-term projection)
Price action suggests a potential bullish structure forming – a possible inverse head & shoulders or ascending triangle pattern.
Bullish Scenario:
If ETH holds above $2,300–$2,350 and breaks above the $2,730 resistance, we could see a surge toward the $3,560 level (1.618 Fib extension), with the possibility of entering a parabolic leg toward $4,900+ in the longer run.
Bearish Scenario:
If ETH fails to hold above the 0.786 level ($2,347), the next downside supports are:
$2,222 (0.618)
$2,064 (0.5)
These levels could offer new long entries depending on reaction.
Conclusion:
Ethereum is forming a solid base for the next move. As long as bulls protect the $2,300 zone, the chart favors upside continuation. A break above $2,750 would confirm strength and may trigger a powerful bullish extension.
potential to buyOn many coins that have hit the previous weeks low 3 times in a row, and In all those coins, 5 of them have made another 3 days of breakout to the low of the week, looking to buy when a there is a session turnover to the upside. The second trade to finish the week. Hopefully tomorrow will be give a trade entry
SOL/USDT (Daily Chart), ProjectionsTechnical Analysis – SOL/USDT (Daily Chart)
Projection Pattern: Higher Highs (HH) and Higher Lows (HL)
Indicators: RSI Divergence, Alligator, Support/Resistance Levels
Solana (SOL) is currently in the early phase of a bullish structure, characterized by a Higher High (HH) and Higher Low (HL) sequence. This indicates a potential trend reversal from the previous bearish cycle to a bullish trend.
Key Observations:
HH-HL Structure:
The market printed a Higher High followed by a Higher Low, indicating buyers are gradually gaining control. The current price action suggests a probable continuation to the upside if the next impulse breaks above recent highs.
Buy Stop:
A breakout trade is anticipated if SOL breaks above the Buy Stop level (approximately $156–158), aligned with Alligator indicator resistance and horizontal resistance.
Stop Loss:
Positioned just below the HL zone near $144, offering protection if the bullish breakout fails.
Take Profit (TP1):
The first target is projected near $187.71, which aligns with a historical resistance zone and the next significant swing high.
Indicators:
RSI (Relative Strength Index):
The RSI is currently at 38.05, recovering from a previously oversold region. There are several bullish divergences marked earlier in the year, which preceded major upswings. The latest bullish setup may follow suit if the RSI continues upward.
Alligator Indicator:
The Alligator lines are converging, suggesting a potential breakout phase as market momentum consolidates. A clear expansion of the green (lips), red (teeth), and blue (jaw) lines will confirm trend direction.
Conclusion:
The chart sets up a bullish continuation scenario, contingent on a breakout above the buy stop zone (~$158). If confirmed, the price may rally toward the $187 level. However, a close below $144 would invalidate this setup, suggesting a reevaluation of market sentiment.
BUY OPPORTUNITYBTC/USD Trade Signal
Entry: $102,100
Stop Loss: $99,350
Take Profit: $110,446
Time Frame: 4H
Technical Analysis:
Price is currently rangebound between $102,100 and $112,000. Entering at the support level of $102,100 offers a favorable risk-reward ratio of approximately 1.3. The RSI is at 35 and facing downward, suggesting a potential rebound that could drive a rally toward local resistance. Additionally, the ADX reading of 27 indicates a moderate trend, which supports this trade setup.
Fundamental Analysis:
The preliminary University of Michigan Consumer Sentiment report is scheduled for release today, which is expected to provide positive market momentum, further supporting the bullish outlook.
BTC/USD: Weekend Strategy AnalysisBitcoin is currently fluctuating around $105,500, with volatility mainly driven by Middle East tensions.
After Israel's airstrikes on Iran, market panic spread, causing Bitcoin to drop below $103,000 yesterday. Over 250,000 leveraged investors worldwide were liquidated within 24 hours, totaling $1.16 billion in liquidations—predominantly long positions.
In the short term, geopolitical conflicts have triggered capital flight from high-risk assets. Traditional safe havens like gold and crude oil have surged, while Bitcoin has been sold off. Uncertainties over whether the Middle East situation will escalate or involve the U.S. are suppressing prices.
Long-term, institutions had forecast Bitcoin could reach $200,000 by the end of 2025 based on factors like the halving effect. Some listed companies and institutions maintain strategic positions. If the situation eases, prices may rebound.
BTC/USD
sell@106500-105500
tp:104000~103000
SL:107500
I am committed to sharing trading signals every day. Among them, real-time signals will be flexibly pushed according to market dynamics. All the signals sent out last week accurately matched the market trends, helping numerous traders achieve substantial profits. Regardless of your previous investment performance, I believe that with the support of my professional strategies and timely signals, I will surely be able to assist you in breaking through investment bottlenecks and achieving new breakthroughs in the trading field.
BNB as market indicator?Technically, BNB provides the perfect range setup. After forming a potential 'spring', the price went above the midband, but then retested the range low once more and has been bouncing ever since. Given that the price also broke the downtrend on the daily timeframe, the BNB chart could indicate that the altcoin correction is over. Technically...
XRP/USDT Reversal Play: Bounce from Strong Demand Zone🔍 Chart Analysis:
🟫 Strong Supply Zone: The price has bounced perfectly off a strong demand zone (labeled "strong supply zone" in the chart, but likely intended to be demand), showing buyer interest near the $2.05–$2.12 range.
📉 Recent Downtrend: XRP recently experienced a sharp decline, but the price has now touched this critical zone, suggesting a potential bullish reversal.
🔁 Potential U-Shaped Recovery: A rounded reversal pattern is indicated with the red curve, aiming for a U-shaped recovery targeting higher resistance levels.
📊 EMA 70 (2.2932): Current price is trading below the EMA, which acts as a short-term resistance. A break above it would be bullish confirmation.
📌 1st Resistance: Around $2.2932, which aligns with the EMA. This is the first challenge for bulls.
📌 2nd Resistance: Near $2.40–$2.47, a critical barrier before long-term targets.
🎯 Long-Term Target: Set near $2.63, the peak from the previous rally, aligning with major resistance.
🕯 Volume: Decent volume spike at the bounce, confirming interest from buyers.
🧠 Trade Setup: Reversal from Strong Demand Zone
📍 Entry Zone:
🔹 Enter between $2.12 – $2.15 (ideal after confirming a bounce or bullish candle above the zone)
🛡️ Stop-Loss (SL):
🔻 Place below the demand zone — $2.05
(Protects from deeper downside if support breaks)
🎯 Take Profit (TP) Targets:
TP1 – $2.29 (🟦 1st Resistance / EMA 70)
🔸 Partial profit booking here; break-even SL for the rest
TP2 – $2.40 (🟦 2nd Resistance)
🔸 Major resistance zone; expect a reaction
TP3 – $2.63 (🔴 Long-term Target / Previous High)
🔸 Full target for position holders
📊 Risk/Reward Ratio:
Approximately 1:2.5 to 1:3.5, depending on entry
🔔 Extra Notes:
📈 Watch for bullish engulfing or hammer candle confirmation before entering.
🔄 If price fails to reclaim EMA 70, re-evaluate trade.
🧠 Manage position size properly — avoid over-leverage.
🔮 Summary:
XRP is attempting a bullish reversal from a key demand zone with potential to target $2.47 and even $2.63 long term, provided it clears resistance at $2.29 and $2.40. The setup favors swing traders and position holders looking for a recovery play.
💡 Strategy Tagline:
"Buy the bounce, trail the breakout, ride the reversal!" 🚀📈💹
support my idea and comment down your thoughts thanks .