This idea analyzes Bitcoin's (BTC) potential market direction using a combination of RSI, MACD, and trend lines, with the 0.6 Fibonacci retracement level as key support. The Relative Strength Index (RSI) is monitored for overbought/oversold conditions, while the Moving Average Convergence Divergence (MACD) highlights momentum shifts and potential crossovers. Trend lines are drawn to identify critical resistance and support zones, with the 0.6 Fib retracement acting as a pivotal support level. A bounce from this level with bullish RSI divergence and a MACD crossover could signal a bull market continuation, targeting new highs. Conversely, a break below 0.6 Fib support, accompanied by bearish RSI and MACD confirmation, may indicate a bear market, with downside targets at lower support zones. Watch for volume spikes and price action at these levels to confirm the trend.
Dogecoin is currently trading around $0.178, after completing a significant retracement of more than 61.8% from the recent rally, suggesting a potential end-of-correction scenario. Price is currently below the Ichimoku cloud (Span A at $0.248, Span B at $0.282), reflecting a short-term bearish context, though longer-term structure remains potentially bullish. The Trend Strength Index (TSI) indicators are both in oversold territory: TSI(10): -0.91 TSI(20): -0.93 Historically, these levels on the TSI have often preceded strong reversals during uptrends or after deep corrections. A break and close above $0.22 would confirm bullish continuation, suggesting that DOGE may be ready to target higher zones, particularly $0.48–0.57, aligning with the 0.0% and -23.6% Fibonacci extension levels. However, if price fails to break above $0.22, the ideal long entry zone lies between $0.10 and $0.07, a historical high-volume support range, where previous accumulation occurred. A bullish reaction from this zone with renewed TSI momentum could provide one of the best risk-reward setups on this chart. Trade Setup Summary: Breakout Confirmation: Above $0.22 Buy Zone (if pullback deepens): $0.10 – $0.07 Targets: $0.48 – $0.57 (prior highs and extension) Invalidation: Close below $0.07 TSI: Deeply oversold – signaling potential for trend reactivation DOGE continues to trade as a sentiment-driven asset, often tied to broader crypto momentum and social/institutional interest. While lacking strong fundamentals compared to large-cap projects, it benefits from speculative cycles and has historically seen rapid price expansion after corrections. With Bitcoin stabilizing and broader altcoin interest returning, a technical breakout on DOGE could attract strong inflows, particularly above the $0.22 level. Disclaimer: This content is for educational and informational purposes only. It does not represent financial advice or a recommendation to buy or sell any financial instrument. Trading involves risk, and you should only trade with money you can afford to lose.
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis. Based on our view, the price will rise to the monthly level. DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you. Please support our analysis with a like or comment!
So I'm seeing a potential shift for buys. Price is having a hard time breaking a resistance area. With liquidity, this gives the big money a sling shot before taking off with an impulsive move. Don't get greedy! Make sure you perfect your entries with a simple method...Supply & Demand, but stay patient with price breaking structure on smaller time frames to give you a great entry. Happy Trading!!
Do not let anybody distract you, do not allow yourself to be deceived. Know that the market is very resilient and this has been true for the longest time ever. The catastrophe that everybody is always expecting and is always due is never true. Ok, there was a correction, but that's it, from now on the market grows. That's just how it works. Very, very strong bull markets, and the bear markets weak and short. The S&P 500 Index (SPX) looks great right now and nothing can surpass the wisdom that comes from a chart. A chart cannot lie nor can mislead you in any way. The charts have pure raw data, you can make your own interpretation of this data but there are no mistakes. Here the chart shows a very strong higher low. The 0.5 Fib. retracement level was tested and it holds. Now, saying a "new All-Time High" might be speculation, but saying that prices will rise is simply how technical analysis works. A low first pierced 0.5 and challenged 0.618 fib. The candle closed above and full green, the highest volume since 2010 and that is a clear signal that the correction reached its end. The SPX is bullish now of course. The next week we get a red week and this led to the present day, a higher low. A higher low is bullish and notice, the 0.618 level is no longer relevant. The correction that happened was really strong, there is absolutely no need for more. So a strong correction developed and what comes next? Prepare for a major rise, a new impulsive bullish wave. The minimum target starts at 5,665. This is the resistance where the drop got started, this level needs to be tested based on TA. Depending on how this level is handled, we can extract how the market will continue to behave. » I will make a prediction, the SPX will hit a new All-Time High in the coming months. Thank you for reading. Namaste.
#GOLD... perfect drop below our area as we told youabout CUT N REVERSE. now market have 3328 to 3332 region as a current resistance region. And market dropped 200 points around in 2 days (almost 1 day and 1 hour) So keep close your region because if market holds that then further drop expected. Good luck Trade wisely
Finally bitcoin broke out of its consolidation/ down trend. it looks like we could get lucky and have a nice little pullback to the green box. If we are so lucky, buy with all you have. It may be the last time you see this price for a long time. When you see it next you probably wont want to touch Bitcoin with a 10 foot pole.
Officially short BTC via BTCZ I think we might pop a bit more to 94400 in the morning but this should be it I repositioned the fork so it touches previous highs (red arrows)
America’s largest digital asset platform, Coinbase is considering applying for a U.S. federal bank charter, the publicly traded crypto exchange confirmed today. “This is something Coinbase is actively considering but has not made any formal decisions yet,” a company spokesperson told crypto outlet Cointelegraph. The comment follows reports that several major crypto firms — including […]
xAI’s Grok chatbot can now answer questions about what’s in view of your smartphone’s camera, similar to real-time vision features available for Google’s Gemini and ChatGPT. On Tuesday, xAI announced the launch of Grok Vision, which lets users point their phone at objects like products, signs, and documents and ask questions about them. Grok Vision […]