Ethereum (ETHUSD) hit 2 weeks ago the bottom (Higher Lows Zone) of its 4-year Ascending Triangle pattern, following the recent 3-month correction.
This is the latest update on FARTCOIN. BINANCE:FARTCOINUSDT.P Unfortunately, my previous post on TradingView was hidden due to community guideline issues. However, we’re back with a clean and updated analysis on how the move played out — and what could be coming next. ? Trade Recap: In the last setup, we identified a bearish opportunity as FARTCOIN broke down from the ascending channel. We shorted the move — and all four Fibonacci retracement targets have now been successfully hit: ✅ 0.382 ($0.5320) ✅ 0.5 ($0.4963) ✅ 0.618 ($0.4606) ✅ 0.786 ($0.4098) — currently being tested ? Current Market Outlook: Price has now reached the 0.786 Fib level, which historically acts as a deep retracement support. If $0.4098 holds, we might see a short-term bounce or reversal from here. If it breaks below $0.4098, the next downside target sits at the 1.0 Fib extension — around $0.3450. A strong recovery above $0.4600 could invalidate the bearish structure and invite bullish momentum back into the market. ? What to Watch: ? $0.4098 support – bounce or breakdown? ? $0.4600 resistance – reclaim it for a shift in bias ? Volume – confirmation on breakout/reversal moves ⚠️ Trade Wisely! This is not financial advice—always manage risk and trade smart. ? Follow for more crypto insights! Thanks for the continued support! ? Drop your thoughts below — bullish bounce or more bleed? ?
This daily BTC/USD chart is showing a potential Head & Shoulders pattern, which is a classic bearish reversal structure. But that’s not all Bitcoin is also at risk of forming a Death Cross, signaling deeper downside potential. Here’s what stands out: ? Key Bearish Signals: ? Head & Shoulders Formation: The pattern consists of a peak (head) with two lower peaks (shoulders) on either side, indicating a loss of bullish momentum. ? Neckline Breakdown: BTC is testing the neckline support around $76,000—a break below this level could trigger further downside. ? Death Cross Forming: The 50 SMA (yellow) is sloping downward, getting dangerously close to crossing below the 200 SMA (blue)—a well-known bearish signal that could accelerate selling pressure. ? Bearish Targets if Breakdown Confirmed: If BTC breaks below $76,000, the measured move projection suggests a possible drop toward $50,000-$52,000, aligning with previous structure support. ? Bullish Case – Can BTC Recover? For bulls to regain control, Bitcoin must reclaim $88,000+, invalidate the breakdown, and push above key moving averages. Otherwise, downside pressure remains strong. ⚠️ Final Thought: Death Cross + Head & Shoulders = Bearish Storm? A Death Cross happening alongside a Head & Shoulders breakdown is a dangerous combination for bulls: - A Death Cross occurs when the 50-day moving average crosses below the 200-day moving average, signaling a long-term trend shift to the downside. - Historically, BTC has seen major sell-offs after this formation, especially when combined with bearish structures like we see now. - If BTC loses $76,000, the next stop could be $50,000-$52,000—but if bulls defend this level and reclaim FWB:88K +, they can avoid disaster. Verdict : Bitcoin is at a make-or-break moment—either bulls step in now, or we could see a steep drop ahead. Will you short, or do you think this is a bear trap? Let’s discuss! ??
Guess we will find out. I have never traded a "h" pattern before. Entry is marked on chart an the target area.
BTC - A POSSIBLE SCENARIO (MARCH 2025) BTC is still showing weakness. Overall, I remain bullish, but it may dip to $68K–$73K. Alts are a real bargain now in March 2025. They won’t stay like this forever—soon, they’ll surprise everyone. But obviously they are extremely risky assets.
Ethereum (ETH/USD) Analysis (4H Chart) Trend: Market is in a downtrend. Resistance: Around $1,841 (stop-loss level). Support: Around $1,718 (take-profit level). Possible Move: If price stays below resistance, it may drop to $1,718. Trade Setup: Sell near $1,835 - $1,841 (if price rejects resistance). Take profit at $1,718. Stop loss above $1,841. Overall, the trend is bearish, and a short trade looks favorable.
Bitcoin is showing clear signs of a breakdown from a rising wedge pattern, a classic bearish reversal structure. The chart suggests that BTC failed to sustain momentum above key moving averages and is now heading toward critical support zones. Key Observations: ? Rising Wedge Breakdown: BTC recently broke below a rising wedge, indicating potential further downside. ? Moving Averages as Resistance: The 200 SMA (blue) and 50 SMA (yellow) are acting as resistance, confirming bearish momentum. ? Support & Target Levels: First Target : Around $79,845 - $78,516, aligning with previous structure support. Second Target : $75,762 - $72,500, where strong demand could emerge. What’s Next? Bearish Case: If Bitcoin fails to hold the $78,000-$79,000 zone, we could see further declines toward $72,500. Bullish Rebound: A strong bounce from support levels could push BTC back toward $85,000, but it needs to reclaim key moving averages to confirm strength. ? Final Thought: Bitcoin bulls need to step in soon, or we might see deeper corrections ahead. #DeathCross
Crude oil is currently trading at $69.01, showing a 1.24% decline. The price is within a sell zone, suggesting a potential bearish move. Key Levels: Resistance Zone: $70.68 - $71.00 (Major resistance) Support Levels: $67.69 - $67.00 (First key support) $66.11 (Next level) $65.28 - $65.00 (Bearish target) Trade Plan: Short Position (Sell Idea): Entry: Near $69.15 - $69.63 (Sell zone) Target 1: $67.69 Target 2: $66.11 Final Target: $65.28 Stop-loss: Above $71.00 This setup follows a technical breakdown strategystrategy.
We are still chopping inside the imbalance between 74k and 93k. Some scenarios we are looking at: - This new value inside the bigger imbalance is giving some good rotations. Look for lows holding here or buyers absorbing (look for red delta, price flat or grinding higher) - Third drive into 74k previous range high. Price shouldn't linger down there, we want to see buyers stepping in quickly. - If price keeps revisiting 74k, we look for rotation to 69k. This level is important because it was the start of the election pump on November 6th. Since most other charts in tradfi and crypto already revisited these, it wouldn't surprise me to see BTC catch up. Notice that the last two scenarios both sell off into the same price levels, but it is the reaction or lack of reaction that matters. The same logic can be applied tot that 69k level of course, which leaves us with 3 pivot levels to the downside that we have to watch. I would also advice to look at same basic H4 and D1 EMAs, they can give relatively good signals to see if we are more likely to keep trending continue or start more sideways chop.
Price was in a strong downtrend, however a double bottom along with bullish divergence hints the control of bulls. If previous lower high is broken with volume then we can expect a bullish reversal as per Dow theory. Targets are mentioned on the chart.