The #analysis indicates that #DOGE coin ( #Doge USD) broke out of a symmetrical triangle formation five months ago, signaling a significant bullish trend. Key support and resistance levels are identified at $0.125 and $0.359, suggesting strong potential for a major price increase. The long-term perspective remains positive, but it is recommended to focus on long-term charts to avoid short-term volatility.
Chart Description:
#Dogecoin Price Analysis: Last Buy Before 250% #pump
Key Elements
Symmetrical Triangle Breakout: Highlighted breakout point indicating a bullish trend.
Support and Resistance Levels: Clear lines at $0.125 (support) and $0.359 (resistance).
Price Movement: Upward trend line showing potential price surge.
Annotations: Text boxes marking key points, such as "Breakout Point, Support, Resistance," and "250% Surge Expected.

Bitcoin is currently poised for a potential 1-hour (1h) correction in the short term. After reaching a high of 66,998, it has now fallen below 65,800. This movement indicates the possibility of a short-term correction, with critical support around 65,000.

Ethereum has seen a rebound above 3,600 but failed to break through 3,700. A 1h level pullback appears likely, with key support levels at 3,450 or 3,400.

Bitcoin (BTC) Analysis

Current Situation:
- Bitcoin is undergoing a new 1h level pullback, starting from 66,998.
- The main support level to monitor is 65,000.

Short-term Outlook:
- If Bitcoin bounces off 65,000, a quick recovery could ensue.
- A 4h closing line falling below 65,000 without immediate recovery might signal a new daily pullback, potentially bringing Bitcoin down to the 56,000–59,000 range.

4-Hour and Daily Projections:
- Holding at 65,000 could allow Bitcoin to build a 4h level base, facilitating upward movement.
- Should 65,000 hold, the next 4h rebound might break through 73,777.
- If 65,000 fails to hold, rebounds might be limited to 71,500.

15-Minute Analysis:
- Initial support to watch is at 65,300.
- A 15-minute level rebound may face resistance around 66,200.
- A subsequent 15-minute pullback could test 65,000 again.

Ethereum (ETH) Analysis

Current Situation:
- Ethereum's upward daily structure suggests it should surpass 4,000.
- A new 4h rise is likely, aiming to break through 4,000.

Short-term Projections:
- The anticipated 1h pullback has support levels at 3,450 and 3,400.
- Ethereum is expected to perform well this week.

Scenarios to Watch:

1. Synchronized Movement:
- Bitcoin remains above 65,000, forming a 4h base, and continues its daily rise.
- Ethereum follows with a 4h rise to test 4,100.

2. Divergent Movement:
- Bitcoin drops below 65,000, leading to a new daily decline.
- Ethereum continues its daily rise independently, targeting higher levels while Bitcoin experiences a 4h rebound within its daily pullback.

Trend Directions:

- Weekly Level: Upward, targeting $180,000.
- Daily Level: Upward, with a revised target around $80,000.
- 4-Hour Level: Downward, nearing 65,000 support; holding this could lead to a rebound.
- 1-Hour Level: Downward, focusing on the 65,000 support.
- 15-Minute Level: Downward, with an expected short-term rebound followed by another pullback.

Conclusion:

Bitcoin's short-term trajectory is contingent on the 65,000 support level. A rebound from this point could trigger significant upward movement, while failing to hold might result in a deeper correction. Ethereum's outlook remains strong, with potential for continued gains. Traders should closely monitor these critical support and resistance levels for informed decision-making.
$BTC $ETH
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