$BTC - most of the short-term liquidity overhead has been swept, CPI hot, PPI tommorow, and the probability of May interest rates cut remains very low, roughly 13%.
One optimistic chart is the DXY which has finally been showing weakness today, dipping below 108.05 pivot level.
Still, I'm treating this as a suspicious pump.
Hopefully it is not, but I'm definitely not looking for longs here, quite the opposite, I'm looking to secure my long term spot portfolio by increasing shorts. Really tricky market this week.💙👽
XRP has successfully hit Target 1, confirming strong bullish momentum. The price is now consolidating near resistance, and further upside could be seen if volume supports the breakout.
The bulls have taken control, pushing THE/USDT into a strong upward trend. The price has surged significantly, confirming bullish momentum. A breakout above key resistance could fuel further gains.
The price is holding strong above key support levels, and increasing volume suggests further upside potential. If $0.6500 is broken with strong momentum, we could see a push toward higher resistance zones.
Pro Tip: Watch for a breakout above $0.6800 with high volume—this could trigger a fast move toward $0.7500.
🚀 BAKE just saw a massive surge of over 77% in one day! RSI is in extreme overbought territory, which suggests that a cooldown or correction is coming. A pullback to support levels is likely before the next move.
🔹 Bollinger Bands show price breaking out aggressively above the upper band, which often results in a retracement. 🔹 Key Resistance Levels: $0.2800 - $0.2950 (Major Sell Zones) 🔹 Support Levels: $0.2600 - $0.2400 ---
📊 Order Book: 26.49% Bullish vs. 73.51% Bearish --- 📢 Market Outlook:
🚨 BNX just saw a major dump, triggering a liquidity hunt, shaking out weak hands! RSI is near oversold, meaning a potential bounce is likely, but selling pressure remains dominant.
🔹 Bollinger Bands indicate price hitting the lower band, signaling a possible relief bounce. 🔹 Key Resistance Levels: $0.8570 - $0.8800 🔹 Support Levels: $0.8340 - $0.8200 ---
✅ Sharp Downtrend! IDEX dropped from $0.05352 to $0.04319, indicating a heavy sell-off.
✅ RSI Oversold! At 22.25, a bounce or relief rally is likely as it’s reaching extreme selling levels.
✅ Bollinger Band Breakdown! Trading below the lower band, meaning the price is oversold and due for reversal or consolidation.
✅ Strong Buy Orders! 74.52% of order book is buy-side, suggesting demand at this level. ---
🎯 Trade Setup & Prediction:
🔹 Bullish Scenario (📈 Reversal Play)
Entry: $0.041 - $0.043 (Buy zone)
Target 1: $0.046 (Previous support)
Target 2: $0.049+ (Mid Bollinger Band Resistance)
Stop Loss: $0.040
🔻 Bearish Scenario (📉 Continuation Downtrend)
Entry: Below $0.041 (Breakdown confirmation)
Target 1: $0.038
Target 2: $0.035 (Next Major Support)
Stop Loss: $0.045 ---
🚨 Final Verdict:
IDEX is oversold and nearing a potential bounce—watch for a reversal confirmation at $0.043 before entering. If price holds above $0.043, expect a rally to $0.046-$0.049. If $0.041 breaks, further downside is likely.
✅ Massive Surge! BNX has exploded by 24.88%, showing strong bullish momentum.
✅ BTC is down, but BNX is defying the market, possibly driven by news, whale activity, or hype.
✅ RSI at 79.96 → BNX is overbought, meaning a correction could be incoming.
📈 Bullish Signs:
🔹 Higher Highs & Higher Lows → Uptrend is intact. 🔹 Volume is increasing → Sustained interest from traders. 🔹 Bollinger Bands expanding → Volatility spike, strong trend continuation potential.
⚠️ Bearish Warnings:
🔻 RSI near 80 → BNX is overbought, a pullback is likely. 🔻 BTC’s Decline → If BTC drops further, altcoins like BNX could follow. 🔻 Resistance at $0.9195 → If BNX fails to break above, a retracement could hit.
Guys, I had posted a Bitcoin (BTC) target of 1400+ points at 1:21 AM, which you can check in my last post. As soon as the target was posted, BTC hit the target in the same candle!
If you want similar targets, feel free to comments me directly. Whether it's your favorite coin or stock, you can ask for my insights!
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🚀 Bitcoin has rocketed past 109k, smashing ATHs! Where's it going next? Drop your prediction for this week's $BTC closing price in the comments of this post 👇 🎁The top 3 closest predictions will win 300 USDC, 150 USDC, and 50 USDC. Jump in and share your prediction now! *Campaign Period: 2025-01-20 07:30 to 2025-01-26 20:00 (UTC) ‼️Ensure you have updated your app to at least version 2.92. Also, make sure the "Also Repost" box is checked when replying to be eligible for entry. Terms and Conditions: This campaign may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the campaign period eriod. Ensure the "Also Repost" box is checked when replying, or your comment won't count as a valid entry.To ensure fairness, entries closed at 2025-01-26 20:00 UTC. The campaign's outcome will be based on the BTCUSDT price at 2025-01-26 23:59:59 UTC.If users made multiple comments, only the first comment will be considered as an eligible entry. Deleted comments are not eligible for rewards.In case of same predictions by multiple users, the earliest comment will be prioritized.Winners will be announced in the comments section of this post within 14 working days after the campaign ends and notified via a push notification under Creator Center > Square Assistant. Rewards will be distributed in the form of token vouchers to eligible users within 14 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelinesor Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this post and the original English version, the English version of this post shall prevail.Additional promotion terms and conditions can be accessed here.
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