That's Pepe's scenario, at the current support he hopes to break upwards, or vice versa, it will most likely fall. Remember this scenario is not any trading advice, do your research before you enter it
Awaiting the take out of the SQL zone for entry to the SELL side. Market should react to the marked out OB and a reversal should take over.
APTOS started the year in free fall, the so called "SOLANA killer" is testing the $5 support for the 3rd time since 2023. APTOS needs buyers ASAP and this week so far is finding them. On the daily chart some signs of strength and a more consistent volume are giving hope for the bull case On the 4H chart price broke bellow $5.50 but quickly found buyers and went to try and break the top of the descending channel. It failed, but was expected, now buyers need to commit on this pullback for a definitive breakout and continuation Entry: $6.00 current price 1st target: $7.10 at this price bulls are in control, move SL to break even point 1st take profit: $8.80 big volume node and 200d EMA, this can be a hard nut to crack 2nd take profit: $12.45 sellers took control here last December and most likely will be there again Stop loss (conservative): $5.25 bellow the last swing low Stop loss: $4.85 is $5 is lost I'm giving up my hopes on APTOS for the time being
These structures on mid timeframe are always interesting to me. Stacking those lows on twap style buying make me very anxious when I'm in longs. It's great to scalp ltf longs into momentum, but on mid or higher timeframe I'm aware that it's very likely to be corrected. Since most of this move has been retraced now, the chart looks a lot healthier and we can focus on building structure. The expectation is that price will fill that imbalanced move to the upside now, from where most likely price starts compressing between the just formed high and low. If we immediately break higher and make a new high, that could signal strength and I'm less likely to look for shorts, but long continuation plays instead.
If you check the daily chart of #Bitcoin, you'll notice that #BTC has been ranging between $89,000 and $109,000 for approximately 88 days. On Tuesday, Bitcoin dipped below the previous weekly low before bouncing back up. Currently, #BTC is trading at $96,320, and my outlook remains bullish. I expect higher prices in the coming days. Target Levels: ? Short-term: $97,000 - $97,760 - $98,870 ? Mid-term: $100,120 - $101,700 - $103,000 ? Long-term: $105,104 - $107,200 Keep in mind that these targets are approximate—Bitcoin may reach them faster than expected, or it could take longer. Patience is key. ? However, if #BTC drops below $88,800, this bullish scenario will be invalidated.
See text box on chart. It's going to be a tough year to determine direction. Lot's of see-saws likely due to new administration with lots of extreme policy changes. Trade smaller than usual, longer trends are less likely to develop, as opposed to the last 18 months.
Bitcoin / BTCUSD made a decisive break out yesterday over both the 4hour MA100 for the first time in 20 days as well as the Falling Resistance. After topping today, the price pulled back to retest the 4hour MA100, this time as a demand level so that the market gets the confirmation that there are short term buyers there. 1day RSI wise, we made a bullish breakout above the MA similar to January 14th, which was followed with an immense rally to the 109400 High. Buy and target the bottom of that Resistance Zone at 106500.
APTUSDT is respecting a clear downtrend structure, consistently rejecting the descending trendline. Price recently tapped the 6.12 resistance zone, aligning with the 0.786 Fibonacci retracement, reinforcing bearish sentiment. The market structure suggests a continuation to the downside, with a potential short setup targeting the -0.5 Fibonacci extension at 5.67. A break above 6.18 could invalidate this bearish outlook.
I believe BTC has respected a major Support around the 95k Levels which was an indication to me that the initial push down was just to grab liquidity before driving back up to continue the uptrend This is not financial advice just my opinion
I just wanted to share some of the major markets outside the US are starting major bull markets. Especially we should highlight Japan and the Nikkei is set to break and run from it's 1989 all time high. UK's FTSE is also also breaking above the range it's been in for almost the last 30 years. It's quite exciting! I would expect China to eventually follow suit and break it's two decade long range. Good luck!