Bitcoin has fallen sharply, breaking below the $91,000 support level, which previously acted as a major floor for the uptrend. The cryptocurrency is now testing the 200-EMA ($79,897) as it struggles to find buying interest. ? Technical Breakdown: ? Major Breakdown – The loss of $91,000 has turned sentiment bearish. ? 200-EMA as Last Defense – Holding above $80,000 is critical to avoid deeper losses. ? RSI at 29.30 – Bitcoin is entering oversold territory, suggesting a potential relief bounce. ? MACD Bearish – The indicator remains deeply negative, confirming ongoing selling momentum. ? Key Levels to Watch: ? $80,000-$79,000 – Crucial support zone; a breakdown here could trigger further selling. ? $91,000 – Now resistance; bulls must reclaim this level to restore confidence. ? $100,000+ – Long-term bullish outlook remains intact above this mark. ? Trading Outlook: ? Bearish Case: A sustained break below $80,000 could accelerate downside pressure, targeting $72,500 (61.8% Fib retracement). ? Bullish Case: If Bitcoin holds above the 200-EMA, a relief bounce toward $91,000 is possible, but buyers need to reclaim it to shift momentum. Bitcoin's long-term trend is still bullish, but the recent breakdown raises concerns about further downside risk. Can bulls defend $80,000, or is this the start of a deeper correction?
We are going to $61k and if we break that, we go to $50k. If $50k breaks, guaranteed we go to $12k. The worst case scenario is at $3k. Probable and possible based on chart patterns. Obvioisly with a lot of up and downs and mini bull-runs but in the the big picture, we are going down. The 2 year bear market cycle started. Hold tight.
The USD/CHF pair has decisively broken below its 200-EMA (0.8887) and key horizontal support (0.8915), signaling a potential shift in momentum toward further downside. After failing to hold above 0.90, sellers have stepped in, dragging price action lower. ? Technical Overview: ✅ Support Break – The loss of 0.8915 puts 0.88 in focus. ✅ 200-EMA Breached – A significant bearish technical development. ✅ RSI at 37.52 – Momentum is weak but not yet oversold. ✅ MACD Bearish – The bearish crossover remains intact, confirming downward pressure. ? Key Levels to Watch: ? 0.8915 – Broken support, now resistance; bears defending it strongly. ? 0.8800 – Next major support level; a break below could accelerate selling. ? 0.9000 – Bullish recovery only valid above this level. ? Trading Outlook: ? Bearish case: As long as USD/CHF remains below 0.8915, bears are in control. If 0.88 breaks, it could open the door toward 0.87. ? Bullish case: Buyers need to reclaim 0.8915 and the 200-EMA to shift momentum back in their favor. With the USD showing weakness, CHF bulls could push further downside. Is this the start of a new downtrend, or will buyers step in at 0.88? ?
MSTR's correction is 50% complete, the final target is unclear and requires close monitoring. A range of 90-150 is possible. Good luck!
OANDA:GBPAUD is approaching a major resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in. The current market structure suggests that if the price confirms resistance within this zone, we could see further downside movement. A successful rejection could push the pair toward 2.03000, a logical target based on prior price behavior and the current structure. However, if the price breaks and holds above this resistance, the bearish outlook may be invalidated, potentially leading to further upside. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
In july 2020 a cme gap was formed around the 8k range everyone with there windows vista was shouting it needs to come down and fill the cme gap and what happend it never did it concolidated and broke up 600 percent. Now we come to march 2025 Exact Same pattern exact same situation And exact sake people screaming the same messages is this the turning point for btc are we guna see a break out.. Rsi on the weekly is over sold showing one more push up this is the now or never moment and this top could possibly effect future tops as there is a curve showing deminishing returns every 4 years and if this is the top the next cycle could show a fall in crypto unless it breaks the curve
Just a CRYPTOCAP:XRP Chart with indicators I like to use. Indicators: CM Slingshot, Madrid Riddon, EMA 50,100,200, Scalper, 10 Day EMA.
USD/CAD has been riding a well-defined ascending channel since mid-February, pushing toward 1.45 after bouncing off its 50-EMA support. The pair remains in a firm uptrend, with bulls showing resilience despite intraday pullbacks. ? Technical Overview: ✅ Trending Higher – Price action remains inside the rising channel. ✅ Support Holding Strong – The 50-EMA (1.4366) has acted as dynamic support. ✅ Momentum Intact – RSI at 64 is bullish but not yet overbought. ✅ MACD Slightly Flat – Suggesting momentum is steady but not accelerating significantly. ? Key Levels to Watch: ? 1.4500-1.4520 – Immediate resistance; a breakout could push toward 1.48. ? 1.4360-1.4400 – Key support zone, aligned with trendline & 50-EMA. ? 1.4800 – Major resistance from early February; bulls need a breakout for a larger move. ? Trading Outlook: ? Bullish case: A clean breakout above 1.4520 could fuel a run toward 1.48, especially if broad USD strength continues. ? Bearish case: A close below 1.4360 would break the channel, signaling a possible pullback toward 1.42. Bulls remain in charge for now, but the rally needs follow-through to sustain the upside momentum. Keep an eye on that 1.45 handle! What’s your next move—ride the trend or wait for a pullback?
Markets Eye Recession with No Immediate Relief: A Fractal Dimension Perspective The financial markets are increasingly pricing in the likelihood of a recession, with no clear signs of immediate relief. Economic data, global macroeconomic conditions, and market sentiment are all aligning in a way that suggests a slowdown is on the horizon. Despite periodic rallies, structural indicators continue to warn that the downturn remains intact. My previous short post explained in X about market recession: https://x.com/fractalbond/status/1867419228196024721 Fractal Dimension Analysis Supports a Short Position From a technical perspective, my proprietary Hurst exponent DFA-based indicator suggests that the 12-day fractal dimension time series is at a turning point, signaling a short position. This signal is further reinforced by the 18-day fractal dimension time series, which provides additional confirmation that market conditions support a sustained downside move. Fractal dimension analysis captures the underlying complexity of market price movements, offering insight into structural changes that may not be immediately visible in traditional indicators. The confluence of both the 12-day and 18-day fractal dimension signals indicates that market participants should prepare for continued bearish pressure in the near term. New Dimensions Forming Although there is a 20D Fractal Dimension forming, saying that it can mean revert to its original price position, it is imperative to be vigilant of market turning points. Short term, a 630 minute, and a 586 minute time series dimension are forming below price. Which indicates a short term bounce may be in play but only until its valid that we may conclude. Overall, outlook is still cautiously bearish. Macroeconomic Pressures Mounting Key economic indicators are flashing warning signs. Consumer spending, which has been a major driver of economic growth, is showing signs of fatigue amid persistent inflation and tightening credit conditions. The yield curve remains deeply inverted, historically a reliable predictor of recession. Additionally, corporate earnings revisions are trending downward, suggesting businesses are bracing for weaker demand. The Federal Reserve's stance remains cautious, with policymakers unwilling to pivot aggressively toward easing due to sticky inflation concerns. As a result, financial conditions remain tight, limiting growth potential. Geopolitical tensions and supply chain disruptions further add to economic headwinds, reinforcing the recessionary outlook. No Clear Path to Immediate Relief While markets often attempt to rally on hopes of policy pivots or short-term economic data surprises, the broader trend remains downward. Liquidity remains constrained, credit conditions are tightening, and sentiment continues to erode. Without a meaningful catalyst for reversal—such as a decisive shift in monetary policy or a significant improvement in economic fundamentals—the probability of further downside remains high. In conclusion, the current economic and technical landscape suggests that markets are poised for further declines. With the fractal dimension analysis aligning with broader recessionary signals, traders should remain cautious and prepared for heightened volatility in the weeks ahead.
Saw price was ranging on higher timeframe, dropped to the 4HR and 1HR to find price made a mini trend line inside of the range, broke the trend and took it down to the take profit level. Easy win off of the basics.