#BTC/USDT Eyeing on a NEW ATH OR Is it JUST A TRAP?Bitcoin had a beautiful daily close, but it’s still trading below the dynamic support trendline. A sharp bounce off the 50 EMA resulted in a strong hammer candle, a promising sign for the bulls.
Was this a trap?
Are we on a path to a new all-time high while many players have already been shaken out and liquidated?
The next few daily candle closes will give us the answers.
Stay tuned.
#Crypto
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Chart Patterns
EURJPY: Significant Breakout and Bullish PerspectiveThe EURJPY pair has successfully broken and closed above a key horizontal resistance on the intraday chart.
The highlighted blue zone represents the neckline of a cup and handle pattern, signaling a potential bullish continuation.
This breakout could pave the way for further upside, with targets set at 163.64 and 164.47.
Traders may view the broken resistance level as a potential entry point for long positions.
Bomeusdt trading ideaBOMEUSDT has achieved a major breakout from a falling wedge, with price stabilizing above the wedge after a pullback. The accumulation zone presents a key buying opportunity, with the immediate target aligned with the proposed neckline and the final target clearly outlined on the chart. Additionally, the external demand zone provides a robust support level for potential price retracements.
Buy OpportunityObservations:
Current Price: Around $28.825.
Stop-Loss: $28.7218, just below the support level.
Target Price: $29.3478, above a key resistance.
Risk-Reward Ratio: 4.21, which indicates a favorable risk-to-reward setup.
Volume Profile: A significant level of interest is visible at the price range between $28.80 and $28.90.
Signal:
Entry Point: Enter a long position at the current level, near $28.825, assuming confirmation of support.
Stop-Loss: Place your stop-loss at $28.7218 to limit downside risk.
Take Profit: Set your target at $29.3478 to capture the upward move.
Additional Confirmation:
Look for bullish candlestick patterns or higher volume around the support area.
Consider the behavior of the moving averages (EMA) and ensure there’s no immediate downward pressure before entering.
EURNZD Developing in a Large Range Trading MovementEURNZD Developing in a Large Range Trading Movement
EURNZD is currently developing a significant range trading movement. The price has been oscillating between 1.7500 and 1.8500 for about 600 days, with a trading range of nearly 1000 pips, which is quite substantial.
EURNZD has reached the top of the structure again, and it appears that the bearish trend may resume, as it has in the past. The price may not move immediately, but it is already in a critical zone.
Support zones on the way down are located near 1.8250, 1.8090, 1.7830, and 1.7500.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
ETH WOULD GO DOWN A LITTLE BIT MOREETH/USDT has lost the channel and still going down. After losing channel target is between 3050-3100 USD. It also touches the big support line. If can bounce there, will try to get back in the channel. But if loses 2.200 USD is on the table i am afraid. 3050-3100 would be a good place te make bids.
Be prepared to scoop like a maniac!As you can see the price chart on doge this cycle is pretty similar to the last one so far. After going up to the first pause of the cycle around the 0.786 fib level price corrected to the 0.618 fib level. If this time happens something similar make sure to get in big around the 26 cents if this idea proves right.
EURJPY: Important Breakout & Bullish OutlookThe EURJPY pair successfully broke and closed above a strong horizontal resistance on the an intraday chart.
The highlighted blue area also marks the neckline of a cup and handle pattern, indicating a potential bullish trend.
This violation could lead to further price increases, with the next targets being 163.64 and 164.47.
Traders looking to enter the market should consider the broken resistance as a potential entry point.
It Will Recover Faster Than ExpectedThe Altcoins are great now and the market will resume growing for sure; it will recover much faster than expected.
There is something enticing about buying when the market is going up. There is something that pulls us to buy more and more when prices are high up and moving further up. But the problem with buying when the market is already up is that it can turn red the next day. What about buying when the market is down? What about buying when the market is red?
There is something that pushes away from the market when it is trading near support. Something feels off and we don't want to look at it but that is the best time to buy-up, buy-in, rebuy and reload.
The best time is now focused on all terms. Short-term, mid-term and long-term.
Did you buy when prices were moving up, out of an impulse? Yes, it grows but it doesn't grow enough for us to sell.
Buying when the market is down, near support, opens the door for great profits on the way up.
The best time to buy is when prices are low.
The best time to buy is when prices are red.
Whatever strategy you are using, the time is now. See the Altcoins market, which one is your favorite pair?
They will start within days, weeks or months; it can be a few days or it can be more; but the Altcoins market is going up. Since it is going to grow, it is wise to buy when prices are low.
This is a friendly reminder.
I am wishing you the best.
Thanks a lot for your continued support.
Thank you for reading.
Your time and energy is appreciated.
Namaste.
MSTR - Ponzi Loop Will Crash & BurnEvery now and then, I like to say that greed eats brains for breakfast. In the case of MSTR, though, it seems to have state approval to do so. How else could MSTR still be kicking?
There’s nothing to chart here. Nada. Zip. This is pure pump-and-dump economics born out of the "perfect storm" of circumstances.
Fast money? Sure, it's fast—but definitely not sustainable. It’s also a foolproof recipe for losing not just your shirt, but your pants and maybe even your dignity. Remember GME and all the other “get rich quick” lemming programs? Only a microscopic percentage actually "got rich," and an even tinier fraction stayed rich. Most of them? Just cautionary tales with a hefty dose of regret. Sorry, gamblers… err, "investors." §8-)
Instead of betting the farm on people like Michael Saylor, how about this revolutionary idea: use your own brain. Learn chart analysis, develop real skills, and slowly build up a nest egg that’ll still be around when you’re old and gray.
But hey, who am I to judge?
MSTR SHORT until 0.0001
BITCOIN 1month RSI showing the Bull Cycle is far from over.Bitcoin / BTCUSD has had a pull back this week but that shouldn't cloud your long term outlook.
That remains bullish and even more so on the 1month chart where the RSI turning flat is a sign that the parabolic rally has only just begun.
The 1month RSI is trading inside a Channel Down since the very first trading day and with this week's sideways turning, it remains under the 0.786 Fibonacci level.
This suggests that relative to past Cycles, we may be on a similar stage as February 2017 and January 2013.
Both took 10 months until their Cycles topped.
This shows that we can stay bullish until at least September 2025 or if the RSI hits the top of the Channel Down first.
Take all the above into consideration and start taking profits in September the latest.
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ZEN/USDT- Bullish Breakout Targets ATHDescription:
Breakout Confirmation:- Horizen (ZEN) has successfully broken out of its long-term downtrend, supported by significant volume.
Retest Success:- The $15.50 zone has flipped from resistance to support, reinforcing the bullish case.
Potential Target:- Based on historical price action, the next major resistance is at the all-time high of $170.95, a potential 1,025% upside.
Strategy:-
Entry:- On a pullback to $15.50–$18.00.
Stop Loss:- Below $14.00 to manage risk.
Targets:- Short-term: $36.50, Medium-term: $85.00, Long-term: $170.95.
Risk Management:- Use proper position sizing and adjust stops to break even once the price moves significantly in your favor.
SUI seems overheated, and a correction is just beginning.While this coin has the potential to surprise—thanks to strong backing from major VCs and quality market makers—it appears too overheated to sustain further growth without a correction.
In fact, the correction has already begun, as indicated by the **bearish MACD EMA crossover**.
- The **RSI also shows a significant bearish divergence**, reinforcing the likelihood of a pullback.
Adding to this, many investors were drawn in by SUI's massive pump but may now begin to lose confidence. If SUI dips below the key support level, we could see a cascade of selling pressure:
- Leverage positions liquidated.
- Stop-loss orders triggered.
Based on these signals, I anticipate a serious correction that could drive the price down to $2.
Key levels to watch:
- If CRYPTOCAP:SUI drops below $3.20, there’s little support until $2.35.
- Exercise caution and monitor these levels closely.
As always, **DYOR (Do Your Own Research).** 🚨
BTCUSD BUY ANALYSIS (READ CAPTION) hello traders! What do you think about this channel.
Current price: 98600
Market has created left shoulder, head and right shoulder after breaking out 98000. Now market can temporarily retest then it's next target will be 103000.
Supporting area: 98000, 97200
Target: 100000, 103000.
Please don't forget like comment thank you for support