Technical Analysis: The price broke out of a Channel Down pattern and reclaimed the $200 key level, confirming bullish momentum. A pullback to the $200 - $220 support zone could offer a strong re-entry point within the uptrend. If support holds, the price could resume its advance toward the next resistance at $260 (TP1), with potential upside to $300 (TP2),...
Last week was particularly intense with the bullish breakout from the channel we had identified. Following this breakout, Solana continued its upward momentum, reaching a new high at $295 . This represents an impressive 50% increase, from the breakout level just below $200 to this new ATH (all-time high). However, this bullish extension was halted by this key...
Technical Analysis: Price remains in a strong Uptrend across all timeframes. Recently, it broke above the $0.37 resistance and prior swing high, signaling renewed bullish momentum. The presence of a Dragonfly Doji at this breakout level reinforces the bullish case, as the long lower wick indicates that sellers pushed the price lower but were overpowered by...
Looking back at last week’s key events, it’s impossible to ignore the fact that Bitcoin reached a new all-time high (ATH) at $100,950 . This is no small feat—it shows that, despite trading at such elevated levels, the market remains highly bullish, and investors are still ambitious, believing in further upside potential. A Necessary Consolidation to Regain...
Even if it sometimes feels like we’re looking at the same chart week after week, don’t be fooled—it’s updated regularly. However, the analysis remains unchanged, reflecting a prolonged phase of lateral market movement. Currently, the asset continues to trade within a well-defined range between $0.39 (resistance) and $0.30 (support) . At the moment, the price is...