In my previous post about BYBIT:SUIUSDT , I mentioned a potential falling wedge pattern. However, the breakout above the 4.0040 resistance turned out to be a false breakout, and the price eventually dropped to the invalidation level at 3.5868. This made the setup invalid. But despite the failed wedge breakout, BYBIT:SUIUSDT remains in a bullish trend...
After a strong upward move, BYBIT:SUIUSDT is currently consolidating in a sideways range, forming what appears to be a falling wedge pattern — a classic bullish continuation setup. If this pattern plays out, there's a good chance the price will resume its uptrend, supported by a bullish divergence forming within the wedge. The key level to watch is the...
Price is still in a pullback phase, and the next potential target zone is around 0.07488 – 0.07334. We might see one last dip before BINANCE:STPTUSDT resumes its uptrend. If the price reaches this pullback zone with a bullish divergence, that would be a strong confirmation for a possible reversal. But even without divergence, we can still rely on candlestick...
BINANCE:HBARUSDT has been moving in a smooth uptrend, followed by a brief consolidation — forming a classic bullish pennant pattern. This indicates a temporary pause before a potential continuation toward the main target zone at 0.21182 – 0.21855. A breakout above 0.19195 confirms the validity of the pennant pattern, especially after the price successfully held...
One of the simplest ways to identify the market trend is by using the moving average (MA) indicator. When price moves above the MA, it's generally considered an uptrend. When price moves below the MA, it's seen as a downtrend. Aside from showing the trend, moving averages can also act as dynamic support and resistance: In an uptrend, the MA acts as...
The best time to enter in a bull market is during a pullback — when price temporarily retraces before continuing its upward trend. In the case of BINANCE:SUPERUSDT , price is currently pulling back into a demand zone between 0.7178 – 0.7109. The overall structure remains bullish, with the blue arrows showing a series of higher lows and the red arrows indicating...
After an aggressive surge marked by a big green candle, BINANCE:ARDRUSDT is now moving sideways. This sideways action represents a "voting phase" between buyers and sellers — a battle to decide who will take control next. Looking at the current price structure, this consolidation is setting up a potential continuation move toward the next target zone at 0.15199...
This week, BINANCE:ETHUSDT has shown a significant upward movement, and there's a good chance it could continue its bullish momentum. There are two bullish scenarios developing on BINANCE:ETHUSDT : 1. After a pullback, we could see an impulsive move that breaks the previous high (marked with the red arrow) and pushes the price towards the first target at...
Technical view: Rejecten from EMA 20 & 50 as support and the upward move has been confirmed by a breakout above the 63.47% level. The next target for BTC.D is around 64.34% – 64.49%. This scenario remains valid as long as price holds above the 63.17% level. Understanding BTC Dominance (BTC.D) and Its Market Impact Bitcoin Dominance (BTC.D) measures the...
We can see that CRYPTOCAP:BTC.D is still in a bullish trend and is currently testing a crucial level, which will determine whether it continues to make a higher high or starts weakening towards its previous low. The influence of CRYPTOCAP:BTC.D on the crypto market is simple: if CRYPTOCAP:BTC.D moves higher, it means more money is flowing into Bitcoin. For...
In the past 48 hours, the crypto market has brought joy to traders and investors who managed to buy near the bottom. (Sorry to the cryptobros still holding floating losses—your time will come too! 😊) Some of you might be thinking it's too late to ride this bull run. But if you zoom out and look at the bigger picture, there's still plenty of room for the bull to...
In the crypto market, if you want to beat the market, your benchmark is $CRYPTO:BTCUSD. That means to outperform the crypto market, you need to outperform Bitcoin. One way to measure this is by watching crypto/BTC pairs, such as $BINANCE:STXBTC. If $BINANCE:STXBTCgoes up, it means STX is stronger than BTC. If it goes down, BTC is stronger than STX. On the daily...
Here's What You Need to Know About Moving Averages One of the signs of the beginning of a bullish trend is the golden cross — a crossover between two moving averages. The shorter-period moving average (closer to the price) crosses above the longer-period moving average (farther from the price). When this happens, it could be a signal to consider buying or opening...
In my previous update on BINANCE:CRVUSDT , I mentioned three potential scenarios: a bullish triangle formation, sideways movement, and a double top pattern. Right now, it looks like the bullish triangle pattern is playing out. If this continues, I expect the price to reach the 0.7853 – 0.8343 target zone. But before that, all eyes are on the key resistance at...
Understanding the Multi Timeframe Analysis – Part 2 of 2 Alright from the prior post we talked about how the corrective move on the 4H timeframe turns out to be a bearish trend on the 1H chart. Now, let’s dive deeper into that 1-hour chart. In this 1H chart, we can observe a trend shift from bullish to bearish. Before the red arrow, we can clearly see a...
Understanding the Multi Timeframe Analysis – Part 1 of 2 Have you ever felt overwhelmed when using multiple timeframes in your analysis? Not sure which timeframes to choose or how to combine them effectively? In this post, I’ll share my thoughts on how to use multi-timeframe analysis with real chart examples. Let’s take a look at the movement from the first...
BINANCE:SUPERUSDT has entered the support zone between 0.5142 – 0.4754 after a strong impulsive move to the upside. This support zone is considered valid due to multiple rejections that occurred within this area in the past—indicating strong buyer interest. Ideally, this is where we expect price to bounce and resume the bullish trend. The first sign of...
If we take a closer look at the price structure, the orange and blue arrows show that BITGET:HYPEUSDT is in an overall uptrend. Meanwhile, the white arrow represents a minor pullback—just a ripple within the bigger trend. When we connect the orange to the white, and then the white to the blue arrow, we can spot a descending broadening wedge formation. Given the...