Ethereum has successfully broken above the accumulation zone, indicating a potential bullish continuation. The price is now approaching a critical descending trendline resistance (blue line), where a breakout could trigger further upside momentum. Key Observations: Breakout from Accumulation: The price has cleared a consolidation phase, suggesting renewed buying...
The U.S. Dollar Index (DXY) has broken down from a Head & Shoulders pattern, confirming a bearish reversal after a successful retest of the neckline. The price is currently near a key support area, and if it fails to hold, a drop toward the lower strong support zone is likely. Additionally, RSI is showing bearish divergence and is below the neutral 50 level,...
BTC is currently accumulating within a marked zone, trading within a broad range of approximately $17,800. The previous resistance line has now turned into support, indicating a possible consolidation phase before the next move. The price is fluctuating near the 50 EMA ($97,811.26), which may act as dynamic resistance. A breakout above this level could signal...
SET:SONIC (previously FTM) has broken above $0.733, confirming bullish momentum. However, a short-term pullback toward $0.645 - $0.618 could offer a better entry before the next move higher. If support holds, the price may target $0.85 - $1.00, while a drop below $0.55 could weaken the bullish outlook. Patience is key for an optimal risk-reward setup.
ETH/USDT has been trading within a broad range of approximately $2,000, consolidating after a long uptrend. However, the price has broken down below the ascending trendline and is now retesting this breakdown, just above a key support zone. This retest is crucial in determining whether ETH will confirm further downside or reclaim the trendline.
JUP has broken below the rising trendline, but it is now testing a key support zone (highlighted in gray). The current price action suggests that the market is at a decision point—whether it will confirm a breakdown or bounce back from support. DYOR, NFA
Price is trading within a broad range between the $98 support and $140 resistance. After breaking out of the mid S/R line around $115, the price could now move toward the $140 target. A breakout above $140 may trigger a strong bullish rally, while a drop below $98 signals bearish risks. Watch for volume confirmation!
OM/USDT is showing strong bullish momentum after breaking out from the descending trendline, indicated by the red line. The price has recently made a sharp upward move and is currently trading above the support trendline, which suggests that the uptrend could continue. The price consolidated within the grey zone for a while, and after breaking above this, it...
CRYPTOCAP:BTC is currently accumulating within a marked zone, fluctuating within a broad range of approximately $17,800. The previous resistance line has now acted as support, indicating a key retest level. If BTC fails to hold this support, a further decline toward the key support zone could be expected. The RSI is near 42.83, suggesting neutral momentum, with...
CRYPTOCAP:BNB is currently exhibiting strong bullish momentum, making its way toward a key resistance zone near its all-time high (ATH). The price is recovering from a critical support level and has reclaimed the ascending trendline, signaling renewed buyer confidence.
Bitcoin (BTC) is currently consolidating within a marked accumulation zone after facing resistance near its all-time high (ATH). The price is fluctuating within a broad range of approximately $17,800, indicating a phase of indecision between buyers and sellers. The key observation is that a previous resistance trendline has now flipped into support, showing a...
SUI/USDT is finding strong support at the trendline, which has now flipped from resistance to support. This trendline, previously acting as a key resistance, has been successfully retested after the breakout, confirming its role as a new support level. Additionally, the price is holding above the key supply and demand zone, further strengthening the bullish...
USD/JPY has formed a bearish divergence, signaling a potential trend reversal or correction. The price made higher highs, while the RSI printed lower highs, indicating weakening momentum. This divergence, coupled with a trendline breakdown, suggests a possible move lower.
The AUD/USD pair is trading in a consolidation zone after breaking above a key descending trendline, signaling bullish momentum. The price has retested the breakout level, turning resistance into support, strengthening the outlook. With the RSI at 51.32, holding above 0.6200 could push the price toward 0.6400, with a target near 0.6700. A drop below this level...
The S&P 500 Index (SPX) has been following a strong upward trajectory, consistently forming higher highs (HH) and higher lows (HL), indicating a bullish trend. However, the price is now approaching a rising trendline that has acted as a key resistance multiple times in the past.
LINK has broken below a key support level and is now retesting it as resistance, indicating a potential continuation of the downtrend. The current setup suggests a bearish bias with a favorable risk-to-reward ratio. DYOR, NFA
Bitcoin is currently consolidating within a broad range of approximately $17,800, showing signs of strength as key levels continue to hold.
The Bitcoin Dominance Chart suggests a major shakeout, potentially signaling the beginning of a significant market shift. After reaching the upper boundary of an ascending wedge, dominance has sharply rejected from key resistance, leading to a breakdown.