BTC appears to be setting up for a potential Cup and Handle formation, a classic bullish pattern that could propel the price past the much-anticipated 100K mark.
The formation is incomplete but nearing a critical stage; a breakout above the handle’s neckline zone would confirm the pattern. Both short-term and ultimate targets are highlighted on the chart for guidance. $BTC However, caution is advised as rising selling pressure could hinder this setup. Be prepared to manage risk
XRP → ATH is getting close. Consolidation before the rally!
XRPUSDT rallies to ATH. The three-year accumulation is starting to realize itself and thanks to a tailwind - Trump, the coin makes a jump of 140%
At the moment the coin is in consolidation after the rally. There are no technical prerequisites and reasons for a reversal and fall, the price is accumulating the potential for continued growth. The focus is on the resistance at 1.523 and 1.6300. Breakthrough and consolidation of the price above this zone will provoke aggressive purchases, which may
As we continue to track Bitcoin’s progress, all eyes are now focused on the final leg of the current wave cycle. With the bull run firmly in motion, we anticipate this phase to evolve into a mega extended wave, potentially delivering explosive price movements. It’s crucial that we stay prepared to navigate and capitalize on this monumental moment together.
The foundation of this move lies in the descending broadening wedge pattern, which served as a precursor to the ongoing bullish
BTC A Comprehensive Analysis! What to Expect Next?
Hello guys Let's investigate about BTC through Elliot! Wave 1 to Wave 4: Wave 1 initiates the bullish trend. Wave 2 consolidates into a flat or corrective pattern. Wave 3 is extended, showing a strong upward trend (impulse). Wave 4 forms a triangle or corrective structure, preparing for Wave 5. $BTC As you know there are 3 common alternative waves 5 right now!
The first scenario is wave 5 be the %61 of wave 3! It means the current situation! The second scenario is that wave 5 b
Here’s my updated Bitcoin analysis, offering two potential scenarios: Plan A and a follow-up Plan B for a breakdown below key support level. $BTC Plan A focuses on the potential development of an ascending broadening wedge targeting the 107k–109k zone. This scenario hinges on Bitcoin maintaining price levels above the critical 86k support.
It’s important to note that any sustained movement below 86k will immediately invalidate this plan. The primary reasoning behind th
SOLUSDT is currently forming a complex pullback from the resistance zone, while the overall market trend remains bullish creating higher highs and higher lows. This price action suggests a possible period of consolidation, similar to what we've seen in the recent moment. However, if the price rejects the support level and the channel border, we could see a continuation of the upward momentum. It’s also possible that the market may target liquidity below the equal lows, which often serves as a ma
BTCUSDT market has formed a triangle pattern, which is a trend continuation formation. The price is making higher lows, indicating strong buying pressure. Previously, it reached an all-time high (ATH) of around 93,000 then rebounded from it. If you notice, the price has consistently been testing and bouncing off the support level of 90,000, which appears to be a significant level and respecting the upward trendline. I anticipate that the price to make a new ATH since it broke through the channel
BTC Chart Analysis → In a lower time frame version!
Bitcoin Hello guys don't get me wrong! I still think btc remains bullish
$BTC but in one-hour time frame formed a head and shoulders pattern and broke it down!
so we can expect a downward movement until $95921!
but the Blue area is great for getting long positions too! #BTCKeyZone #MajorUnlocks Trade at your own risk👍 Regards, Trade Cryptocurrency Stay Tuned for Further Updates.
Long term perspective Long-term support zone: Cardano has found support around the $0.30 - $0.35 level, with previous price action indicating strong demand in this area (engulfed area and old S&D zones).
Bullish reversal potential: The price seems to form a bottom after engulfing the support region, hinting at a potential bullish reversal.
Long-term target: The next major resistance is in the $1.20-$1.80 zone, marked as a long-term target, which aligns with previous highs.
Key Observations: Ascending Triangle Breakout: The chart depicts a bullish ascending triangle pattern, which has successfully broken above resistance at approximately $2,980. This is a strong continuation signal. $ETH Fibonacci Retracement and Extensions: Price cleared the 0.618 Fibonacci level near $2,850, confirming bullish momentum. Key resistance levels are located at $3,895 (0.33 Fibonacci retracement) and $4,410 (0.66 Fibonacci retracement), acting as mid-to-l
Technical Analysis of BTC/USDT Chart! What's Next?
Hello guys.
Cup and Handle Pattern: The chart displays a well-formed cup and handle pattern, a classic bullish continuation signal. The handle has broken out, confirming the pattern.
Target Projection: Using the depth of the cup, the target of the pattern is projected around $188,000.
Fibonacci Levels: Price has surpassed the 0.618 Fibonacci retracement level at $113,628, a strong bullish signal, with further resistance near $145,120 (0.5 Fibonacci extension). $BTC Breakout C
ETHUSDT is lagging behind the general market growth in the cryptocurrency world. The price is still squeezed between consolidation boundaries, but there are already positive signs. Bitcoin is close to 100K and altcoins are opening the season.
Ethereum is lagging behind in the race, this is clearly visible on D1-W1. It's not that the price can't reach ATH, the coin hasn't yet updated the 2024 high. Before the start of the altcoin season, the community was skeptical about the fundamental project
BTC has confirmed the onset of a bull run, with price action now confined within a robust ascending channel, projected to guide movements throughout the remainder of the current market cycle. $BTC A sharp corrective move toward the immediate buy-back zone is anticipated, offering an optimal entry point for buyers. Key targets have been meticulously outlined on the chart, providing a clear roadmap for both short-term and extended projections. Regards, Trade Cryptocurrency Stay T
Ascending Channel: Bitcoin is trading within a well-defined ascending channel, with support and resistance levels marked by parallel lines.
Upper Resistance Zone: The price is nearing the upper boundary of the channel around $95,784, which may act as strong resistance.
Bullish Momentum: The trend is bullish as Bitcoin has consistently followed the channel upwards, respecting both support and resistance levels. $BTC Potential Pullback: If Bitcoin faces resistance a
Analyzing the Bitcoin chart on the weekly timeframe, we can see that since our last analysis, Bitcoin has performed exactly as expected. With its powerful rally, Bitcoin successfully hit all three targets of $77,000, $81,700, and $93,800.
Earlier today, Bitcoin surged further to $98,400, setting a new all-time high. With the strong momentum it has gained, I believe we will soon witness the mother of all cryptocurrencies reaching the highly anticipated $100,000 mark! $BTC I hope
BITCOIN → Bullish run to $100,000. When's the correction?
BTCUSDT is consolidating after a strong rally. Most likely the token is preparing to go even higher. The target of 95K-100K is getting closer and closer and is becoming more and more realistic. FOMO or managed to get on the northbound train?
The fundamental backdrop is strong. Trump has been a driver for bitcoin and the cryptocurrency market. The phenomenon as a whole is quite interesting. Bitcoin is coming out of a 9-month accumulation and is strengthening by 34% as part of the rally. Can this
What do you think is being shown on BTC Bitcoin BTCUSDT chart ?
Head and Shoulders - after breaking through and consolidating below 88.K, the price of BTC will continue to move towards $81.500 $BTC Consolidation in the form of a triangle with an exit upwards and the continuation of the movement of the #Bitcoin price towards $100,000
Did you like our analysis? Leave a comment, like, and follow to get more updates. Regards, Trade Cryptocurrency Stay Tuned for Further Updates. #BTC97KNewATH #EyesOnBTC
BTC's price has formed an ascending triangle pattern on the 1H chart and is now moving toward a breakout at the triangle's resistance. The 100 EMA acts as strong support for the ascending triangle. If the breakout occurs, the price could reach 100k in the coming day. $BTC Regards, Trade Cryptocurrency Stay Tuned for Further Updates. #BTC93KNewATH #90kCryptoZone
BTCUSDT According to the Elliott wave theory, it seems that main wave 4 can continue. Most likely, its structure can be a Double Three Correction(WXY), so Bitcoin is completing microwave Y of the main wave 4. We can confirm this wave count after breaking the Support lines.
Considering Bitcoin's downward momentum, I expect it to break the Support lines in the coming hours and at least decrease to the Support zone($86,700-$85,000).
Educational tip: We can confirm the descending channel if Bitco