BONK/USDT is trading at $0.0332, forming a bullish structure after bouncing from the $0.025 support zone. The recent breakout attempt from the descending channel is a positive signal, with potential for further upside if key resistance levels are breached. Key Levels to Watch: Support: $0.030 (near-term), $0.025 (major support) Resistance: $0.035 (trendline resistance) Indicators: RSI: At 63, reflecting strong momentum but approaching overbought levels. ADX: Indicates strengthening trend, with DI+ dominance supporting bullish bias. Volume: Rising, confirming increasing buyer interest. Trade Plan: Entry: Above $0.037111 with volume confirmation. Targets: $0.060 (long-term). Stop-Loss: Below $0.030864 to minimize risk. A rejection at $0.035 could lead to a pullback towards $0.030 or $0.025 for a better entry. Watch volume closely for confirmation of a breakout. Feel free to share your feedback or insights to enhance this analysis!
From the recent trend of Bitcoin, it can be seen that the price has experienced several key trend changes: 1. Descending channel: The price started to pull back from the high point near 108,340.67 and entered an obvious descending channel, falling to 92,458.46 at the lowest point. This range indicates that the market entered a correction after encountering strong resistance in the high point area. 2. Upward trend channel: Starting from 92,458.46, the price gradually rebounded and broke through the downward channel. At present, Bitcoin has entered a new upward trend channel, and the current price (103,182.59) is close to the upper track of the channel, showing obvious upward momentum. Key levels 1. Fibonacci retracement level: 0.618 retracement level (102,259.76): This is the key golden section point measured from the top of 108,340.67 to the bottom of 92,458.46. The price has fluctuated in this area recently, indicating that there is a strong support and resistance conversion at this position. 0.5 retracement level (100,388.32): This position provided some support during the price decline, reflecting that the market buying was relatively active at this position. 0.382 retracement level (98,516.87): As an important dividing line, the price has formed a certain short-term consolidation in this area before. 2. Support and resistance: Current main resistance level: 108,340.67 This is the recent highest point. Breaking through this position will significantly enhance the market's bullish sentiment. Main support level: 92,458.46, which is the low point of this round of decline. If it falls below this level, it may trigger more selling. Price pattern and momentum 1. Double bottom pattern: A double bottom was formed at 92,542.93 and 92,577.50, confirming the strong support of the market in this area. The price then rebounded and gradually broke through the downward channel upward. 2. Upward trend channel: From the channel marked by the green parallel lines in the figure, it can be seen that Bitcoin is currently climbing steadily, and the upward trend is complete in the short term. However, the price is currently close to the upper track of the channel and may face certain pullback pressure. Trading strategy suggestions 1. Long strategy: If the price is stable above 102,259.76 (0.618 retracement) and breaks through 103,500, you can consider entering the market to go long, with a target of 105,000 to 108,000. If the price breaks through the previous high of 108,340.67, it may open up a larger upside space, and then you can consider chasing long. 2. Short strategy: If the price falls below 102,000, it may indicate that the short-term bullish momentum is weakening. At this time, you can consider shorting, with a target of 100,000 or 98,500. Pay attention to the performance of the 95,525.94 support area. Falling below this level may lead to a deeper pullback. Risk Control The current trend of Bitcoin is in an upward channel, and the market sentiment is optimistic, but it is also necessary to guard against the possibility of false breakthroughs. Recommendations: - Set a strict stop loss to avoid unnecessary losses due to excessive price fluctuations. - Pay attention to the potential impact of macroeconomic factors (such as the Fed's policy) and market news (such as regulatory dynamics) on prices. In summary, the technical side of Bitcoin shows short-term bullishness, but it is necessary to be wary of the pressure level near the upper track of the channel. Investors are advised to flexibly adjust their strategies according to the trend.
A descending channel pattern formed on the daily chart of the EUR/NZD currency pair following a month-long uptrend. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The stop-loss can be set to the low of the candle preceding the breakout candle. It's not shown on the chart. I will ignore bearish breakouts from this descending channel formation.
Trump's Crypto Bet: U.S. Reserve May Prioritize USDC, XRP, and Solana Over Bitcoin So let's start: Raydium is the biggest Decentralized exchange (DEX) on Solana (SOL) Raydium will moonshot 2025, invest now and thank me later!
Expecting sideway action between 105 and 100k till the 20th at least. Orange levels are the ones where shorts will panic cover. Enjoy. Idea only valid for today since levels will move from tomorrow on.
KCEX:TRUMPUSDT #1D Trump’s Token Last night, Trump unveiled his own token, which reached a market cap of 14B+ in just 4 hours, surpassing Litecoin, Polkadot, and TON. Key Details: - Supply: Currently 200M tokens, gradually increasing to 1B over 36 months. - Allocation: Official details on token allocation are available on the website. - Exchanges: While the token isn’t yet listed on major exchanges, the trading volume suggests a Tier-1 exchange listing is imminent. Positives: ➕ BTC: The reserve role of Bitcoin is strengthened when the former president launches a meme coin. ➕ SOL: The token operates on Solana, which is positive for the ecosystem. ➕ Memes: This could spark renewed interest in meme coins, though similar launches by other political figures might dilute liquidity for older projects. Negatives: ➖ AI agents on Solana have suffered from a liquidity outflow due to this launch. The launch of the TRUMP meme coin highlights the growing influence of cryptocurrency in political and social arenas. Overall, this event is a positive signal for the crypto industry. As always, DYOR (Do Your Own Research) and trade wisely! ? Hugs, Your crypto girl
ETH gave buy entry after break of trendline and on lower timeframe bullish divergence made which means market moves upside and break all resistance
The price is dropping again and is now close to the previous low of $70.08. At this point, the formation of a double bottom with a recovery is possible. In the case of a breakdown, however, a decline to the long-term support of $65 (blue line) or even to the monthly SMA200 ($60) is likely."
For the 'Real' Market Structure, you might want to follow all timeframe, here we have the H1, where we also are still in a downtrend 9technically and waiting for the rejection of the Extreme to go lower/ or breaking the LH and changing the trend.
The Rookie verliert zwischen Staffel 6 und Staffel 7 einen beliebten Charakter und Fans vermissen ihn bereits in der ersten Folge, in der er fehlt. Es gibt aber einen Lichtblick.