As you can see the price close below key (turning points) and the market will need to find further structure for more upside but the price is still not bullish as we still need to close above the trend line noted. Therefore there is “limited upside” to the euro, price can fall to the1.065 level. I believe the market is very volatile right now and all we’re seeing is just pure volatility and the real trend is still bearish right now before another anticipated rally to the level but I’d say we’re to early for the uptrend as of this moment . right
COIN NAME : BTCUSDT ( isolated ) Sell short zone : 85109.0 Take profit : 79236.0 Stop loss : 87716.5 Max leverage: 10x Amount : 2.0% Always use ure brain
After finishing the 5-wave structure in early 2025, XRP had a rough patch, trading between $3 and $2 and offering some pretty neat swing trade opportunities. Now, two months later, the big question is: will this range continue, or is a breakout on the horizon? Let’s break down the key levels and high-probability setups. Short Trade Setup Resistance Zone: The weekly level and the 0.618 Fibonacci retracement are both around $2.5763 to $2.5792, aligning nicely with each other. The anchored VWAP from the all-time high at $3.4 adds extra resistance at about $2.63. Setup Details: A low-risk short trade can be considered at the weekly level, with a stop-loss set above both the anchored VWAP and the swing high. Target: The monthly open, aiming for an R:R of about 4:1. Support Backup: Additional support in this range comes from the 0.618 Fibonacci retracement (from a low at $1.9 to a high at $2.59), the weekly 21 SMA at $2.28, and a weekly level at $2.0942 just below the monthly open. This support between the weekly level at $2.0942 and the monthly open is crucial for maintaining bullish momentum. If it holds, the bearish short setup stands; if it breaks, things could get tricky. Long Trade Setup When to Consider a Long: If the support zone mentioned above fails, look for a long trade opportunity at the swing low around $1.77. Support Confluence: Primary Support: The swing low at $1.77, with lots of liquidity around that area. Additional Layers: The monthly level at $1.5988. The weekly level at $1.5605 sits just below the monthly. The 0.618 Fibonacci retracement from the 5-wave structure at $1.5351. Anchored VWAP from the low at $0.3823, aligning with the weekly level. And don’t forget the psychological level at $1.5. Setup Details: This long trade setup would offer an attractive R:R of roughly 6:1, targeting back to the monthly open for an approximate 33% gain, with a stop-loss placed below the $1.5 mark. XRP's current trading range has provided some good short and long trade setups, a long opportunity at the swing low ($1.77-$1.5) could be the next big play. Whether you lean towards short or long, finding these confluence zones helps in making more informed, high-probability trade decisions. If you found it helpful, please leave a like and a comment. Happy trading!
With technical analysis we can expect BTC to fall to $72,000. we can witness Lower Highs and Lower Lows forming on Daily. we should expect a drop soon with 1-3 months. Expecting the Bull Run to be postponed perhaps around October of 2025.
? Bitcoin is struggling below $85K, increasing the risk of further downside. Bulls must reclaim this level to regain control. ? Key Support Zone at $80K: A minor support level where BTC could see a short bounce. However, losing this level could accelerate the downtrend, with the next critical support at $74K-$72K. ? Risk Level at $72K: Losing $72K-$70K could open the doors for a deeper correction toward $55K-$50K, signaling a bearish breakdown with strong selling pressure. ? Watch Levels: Bullish case: BTC must stay above $85K and push toward $90K+ for continuation. Bearish case: Failure to reclaim $85K increases the risk of a drop to $72K, and if that level fails, a move toward $55K-$50K is likely. Bitcoin is at a critical decision point—trade cautiously! ?
Let's wait and see how price will drop to 192.974 I believe this is a beautiful level to buy... Then let's fly to the ? Moon
Silver will make you money. Target $54 short term... then onward to $250 long term
Update on Meta Elliott Wave counts. While I was right on the last wave up move last time in Feb, I was early by one week for the peak. I left the previous short targets (SL and TP) as a reference and reminder to my mistake in making an early call. What I expect is that price will range for a short while in wave 4 before coming down as wave 5 on a price target between $549.18 (a historical support price) and $549.83 (old target). The mid point is $549.50 and thus the final price target.
Join free Whatsapp group for free analysis https://chat.whatsapp.com/BptcAwYXllr0d7p3C5He18 Sui need to hold the black line for continue uptrend and touch upper resistance level around 2.9$ If sui break the black support line so sui will go down and touch lower support around 2.35
Chart Analysis: Bitcoin has just confirmed a major breakout above a key resistance zone, signaling a strong bullish continuation. Let’s dive into the details: 1.Ascending Triangle Breakout: BTCUSD had been consolidating within an ascending triangle pattern since late 2024, with the upper resistance around $80,000 and a rising support trendline (highlighted in yellow). The breakout above $80,000 on strong volume confirms the bullish pattern, which is typically a precursor to significant upward moves. 2. Accumulation Zone: Before the breakout, Bitcoin spent several months in an accumulation zone between $53,837 and $80,000. This phase allowed buyers to build positions, setting the foundation for the current rally. 3.Price Targets: The measured move of the ascending triangle (height of the pattern) projects a target around $160,000. The height of the triangle is approximately $26,163 (from the base at $53,837 to the resistance at $80,000). Adding this to the breakout point ($80,000 + $26,163) gives a target of ~$106,163. However, considering Bitcoin’s historical tendency to overshoot during bull runs and the psychological significance of $160,000 (as noted on the chart), this level seems like a realistic target. 4. Support Levels: The previous resistance at $80,000 now acts as strong support. If BTC pulls back, this level should hold to maintain the bullish structure. Additional support lies around $70,000, aligning with the lower boundary of the recent consolidation range. 5. Momentum Indicators: While the chart doesn’t display specific indicators like RSI or MACD, the sharp upward move suggests strong momentum. Traders should monitor for overbought conditions on RSI (above 70) as BTC approaches higher levels, which could indicate a potential pullback. Trade Idea: Entry: Current price around $84,599.61 (post-breakout confirmation). Stop Loss: Below $78,000 (to account for minor pullbacks while staying above the breakout zone). Take Profit: $160,000 (primary target based on the pattern projection and psychological level). Risk/Reward Ratio: Approximately 1:12, making this a high-probability setup. Key Levels to Watch: Resistance: $100,000 (psychological), $120,000, $160,000 (target). Support: $80,000 (new support), $70,000 (secondary support). Market Context: Bitcoin’s breakout aligns with a broader crypto market uptrend, potentially fueled by positive fundamentals such as institutional adoption, favorable regulatory developments, or macroeconomic factors like inflation concerns driving demand for BTC as a store of value. Ethereum’s recent breakout (as seen in similar charts) also supports the bullish sentiment across the crypto market. Conclusion: BTCUSD has broken out of a multi-month consolidation pattern, confirming a bullish trend with a target of $160,000. The $80,000 level should now act as strong support, and any pullbacks to this zone could offer additional buying opportunities. Stay cautious of overbought conditions as BTC approaches higher resistance levels. Let’s see how far this rally can go!