If this entire range is a distribution phase, then a push into 125k before a proper correction in Q2/Q3 would fit my expectations. That move would trap breakout buyers before a deeper retrace unfolds. Very important also, BTC hasn’t closed below 93K on a weekly yet, so there’s still a case for strength if we hold the December lows as support.
This chart highlights a key observation: SOL has spent multiple days testing the $260 resistance level without successfully breaking above it. This prolonged stagnation at a critical resistance level is typically a bearish signal, as it suggests an exhaustion of buying momentum. Plus, we are trading below Nov high. Key Points: Repeated Resistance Rejections: The...
lmao, 30 min timeframe, short term perspective for a scalp. will update if i don't forhet
Because everyone is talking about SOL at $500 and dissing ETH, for the past weeks, I’ve been steadily accumulating spot positions below the $3,200 level, confident that ETH will soon break out of its lackluster performance this bull run and deliver the explosive move it owes us. Buying into the bearish CT sentiment regarding ETH has been a good strategy so...
The BTC chart is in a phase where clarity is elusive, and predicting the next move with confidence feels like guessing between an accumulation or a distribution phase. On one side, some see a Wyckoff pattern corroborated with volume at the highs - signaling a potential top, while others are already drawing lines aiming for 200k. The market is filled with noise and...
Solana has proven itself to be one of the strongest performers this bull market, maintaining a continuous "bull signal" (12 EMA fast / 25 EMA slow) since October 2023, when it was trading around $20. Remarkably, the EMAs have not had a bearish cross since then on weekly timeframe, signaling persistent strength. Current Outlook: The price is currently trading well...
BTC Long Trigger Update () If you took the long from the demand zone highlighted in the previous posts (), this 100k level serves as an ideal first take profit and looking for a re entry lower. Entry Setup: I am currently focusing on a potential entry between 95k–96.5k, setting a tight stop-loss at 94.2k to manage risk effectively. If the price dips below this...
The recent price action has played out beautifully, taking out last week’s low and last month’s low, only to reclaim firmly the yearly open () & (). Today's update illustrates the ranges I’ve added for better clarity on the current structure, but the original ideas are still in play Monday’s Range (pdL - pdH): This defines our local range, providing immediate...
Update of 9 Jan Post: Demand Zone Interaction: Price briefly dipped into the demand zone, validating our structural expectations ✔ Current Structure: Consolidation above the yO has maintained the bullish framework. Near-Term Outlook: A breakout above the 4H 200EMA ($96k) could drive a test of the local supply zone. However, a rejection from the psychological...
3D Chart Analysis of FTM/USDT Overall Market Context Support Box (Highlighted Zone): This demand zone is anchored at the 0.786 Fibonacci retracement ($0.45), drawn from the mid-October swing low. It also aligns with the higher range of the May 2022 - Feb 2024 consolidation, serving historically as a pivotal zone for support during accumulation, resistance...
The SOL/USDT 30-minute chart shows price consolidating around $219, after a breakout from a previous accumulation zone near $211.52 ("March highs"). A potential pullback to the Fibonacci 0.618–0.786 retracement levels ($215.50–$217) could provide a strong buy zone before a bullish continuation to higher resistance levels near $230. Volume analysis suggests strong...
Short-Term Bullishness driven by the 12h Stochastic Indicator The Stoch crossover below 20 indicates short-term bullish momentum is building. This typically suggests a relief rally or bounce. Price could rally toward $95–96k, with potential extensions to $99k (the supply zone) if the momentum sustains. 12H 200 EMA and Yearly Open Retest: The 200 EMA aligns...
Supply Zone Rejection: As expected, price has rejected from a visible Supply Zone (100k - 101.5k) The rejection aligns with liquidity collection at resistance, indicating potential distribution at higher levels. Demand Zone Bounce: Below lies a clearly marked Demand Zone (~$92,000–$88,000), where buyers are expected to step in. A projected liquidity sweep...
Price is sitting just above the Point of Control (POC) within the highlighted Dynamic Liquidity Zone. VAL (The Value Area Low) of this zone is marked around $0.6530, which aligns with a potential key buy zone, being our first midrange high. RSI is trending bearish but nearing oversold levels, suggesting that a liquidity sweep into the $0.65–$0.70 zone could...
EMA Levels: EMA 50 ($205.83): This is the immediate support level. Price is extended above it and this EMA will likely act as a bounce zone during any short term pullback. EMA 12 & 25 Confluence ($210.97): Hidden but implied by the "Bullish" signal. This range overlaps with the EMA 50, creating a confluence zone around $205–$211, which is a high-probability entry...
Both timeframes (12H and 1D) show synchronized bullish trends, validated by the EMA 12 & 25 alignment and the Stochastic RSI momentum. The 12H timeframe shows short-term consolidation, while the 1D timeframe confirms broader upward momentum. Watch for any breakdown below the Consolidated EMA (25), which could signal a weakening trend, but for now, BTC remains...
Over the past four years, January's second half has consistently been a period where BTC takes a hit and bottoms out, setting the stage for what comes next. History suggests we could see a similar dip in the coming weeks. Following these January lows, we've repeatedly seen BTC climb to new yearly highs, with altcoins often outperforming both BTC and ETH during the...
Probably it will bounce from 0.66, but a good accumulation point is the retest of 0.78, which is also a previous resistance - which was never tested since the violent breakout. Would take a long below $0.4 with target to pqH. Could also open with max 20% of the size now