A weekly timeframe analysis reveals a clear technical structure in Ethereum's price action, with two prominent patterns shaping the current trend. 1. Ascending Channel – The primary bullish pattern, with a target at $8,369. 2. Symmetrical Triangle – A secondary consolidation pattern, currently testing resistance at $3,789. A decisive breakout above the $3,789...
BTCUSD's bullish rally has driven significant price appreciation, positively influencing the broader altcoin market. However, a closer look at the daily timeframe reveals critical resistance levels that may define the trend's next phase. Since 2020, BTCUSD has traded within a well-defined ascending channel. At present, the price is testing the upper boundary of...
XRP is currently forming an ascending triangle pattern, with price action testing the minor resistance at 0.5631. A breakout above this resistance could pave the way for a bullish continuation toward the next target at 0.6658. However, if the 0.5631 resistance holds, we could see a potential pullback toward the triangle’s support at 0.51077. This analysis will...
Solana is currently moving within an upward channel pattern and approaching resistance at the 199.71 level. If this resistance successfully holds back the bullish momentum, there is a possibility that Solana may correct to the Fibonacci levels around 174.92 - 170.13 before continuing its bullish trend.
MKR has successfully broken out of the bearish falling wedge pattern, signaling a positive outlook for a bullish movement. However, it’s important to note that MKR is currently at its first resistance level at 1,509. Considering that Bitcoin is also at a resistance point, there is a possibility of a correction toward the bullish trendline at 1,262 before...
Bitcoin experienced a bullish surge this week, successfully breaking through the resistance level that has been forming since March 2024. However, it is important to note that Bitcoin has now reached the resistance of the channel up pattern, and a correction toward the channel up support at the 70,329 level is possible. This analysis will be updated if new key...
EURUSD has experienced a notable correction throughout October, yet it remains within a bullish trend, forming a wedge pattern. Analyzing the daily timeframe reveals several key levels that are crucial to watch in the upcoming days. Currently, EURUSD is testing the .618 Fibonacci support level at 1.0876, with the latest candle forming a Doji. This suggests a...
In line with my previous outlook, Bitcoin is projected to test the 62,564 support level before resuming its bullish momentum and attempting to break the resistance established since August 24, 2024. However, the recent breakout occurred on weak candle formations, suggesting a potential pullback toward the channel support at 64,259 before a continuation toward the...
Since June 26, 2024, EURUSD has been moving within an expanding channel up pattern, signaling a strong bullish trend. The ABCD Fibonacci pattern has also formed, with a bullish target at 1.1321. Currently, EURUSD is attempting to break through the key resistance level at 1.1201. If this resistance is successfully broken, the bullish target from the Fibonacci...
Bitcoin has been moving within an up-channel pattern since September 6, 2024, and it is now approaching a key resistance level at $65,148. If this resistance is broken, the next bullish target is at $76,581. However, if the $65,148 resistance holds strong against the bullish momentum, BTC may retrace back to the up-channel support at $62,415. I will update this...
Hi, welcome to my analysis today bitcoin reach channel up support and also perform Fibonacci pattern at 59,956. We can set long position and aim for channel up resistance or Fibonacci 1.618 at $76,781 at Aug 22 to Sept 03.
Pepe perform bullish flag pattern and already reach flag suppport. We can by now to aim flag resistance as short term target at 0.0000122101207 But we have mid term projection with 47% profiit projection at 0.000017225225 at bullish flag projection. However, if this pattern broken down, we have trendline support at 0.000010192570 Good luck
Solana reach a strong trendline support, and perform a symmetrical triangle pattern. If you wanna follow bullish at solana, this is the right moment to enter with short term target at $169, and if this pattern break up, my target at symmetrical triangle projection at $276.99 with 89% profit I will update this analysis if i found a new key level. thanks. Btw,...
Hi, welcome to my analysis. Today Ripple reach a very strong support level at 0,4706 This support create nearly 1 year ago at 13 July 2023, and as you can see, that sometimes ripple pump after touch this suport. If ripple able to hold bearish, my near term target at 0.6925 resistance with almost 50% profit projection.
Hi, Today is a good moment to enter long at BTC, because we already reach fibonacci support zone at 64K-66K. This is a strong support area, since BTC stuck at 1 month consolidation. If fibonacci support able to hold bearish, Our target at $71.933 sorry for late update, coz I have a heavy schedule with my student. But I will try to update this analysis if I found...
BTC managed to break up the channel down pattern, but failed to penetrate resistance at level 64435 This level is a bullish confirmation level, which means bullishness will continue if 64K breaks up Currently the consolidation is heading towards bearish with a maximum target at 60037, and there will be a pump if this level is touched this week I will update this...
Solana formed a descending triangle pattern and has touched the support level. If this support is strong enough to withstand bearish movements, then the target is at level 144.83 or at the resistance pattern. However, you need to remember that this pattern is a bearish continuation pattern, which means that if this pattern breaks down, Solana will fall deeper. I...
Hi, welcome to my analysis, Sorry it's been a while since I wrote an analysis due to the Eid al-Fitr holiday. this time BTC dropped and formed a down channel, but we have a Fibonacci support area between 63546 to 62608 and if this Fibonacci support is broken, then the following support will be at level 60211. The bullish target for BTC this time is in the range...