BTC has been in a correction phase, and it feels like it's taking forever! ⏳
As long as the blue trendline holds, the overall bias remains bullish. 📈
As BTC approaches the blue trendline—perfectly aligning with a demand zone and support—we'll be watching for trend-following longs to catch the next big impulse move upward. 🚀
$REZ has been in a correction phase and it is currently approaching the lower bound of the its rising green channel.
📚 As per my trading style: As #REZ approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
THETA, LDO and IO have been overall bearish and it is currently approaching the lower bound of its red channel which intersects perfectly with the $1 round number.
📈 Short-Term Bullish: If BTC breaks above the $100,000 level, it is expected to enter a short-term bullish phase, potentially retesting its previous all-time high of $109,000.
📉 Long-Term Bearish: If the $2,500 level is broken to the downside, a long-term bearish movement toward the lower bound of the long-term bearish block, around the $2,100 mark, is expected.
📈 Short-Term Bullish: If $ETH breaks above the short-term bullish block at $3,000, it will enter a short-term bullish block phase.
📈After rejecting the upper bound of its channel, $SOL has been in a correction phase and it is currently nearing the lower bound of the channel.
📚 As per my trading style: As #SOL approaches the intersection zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)$SOL
The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the $1 round number and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style: As #ONDO approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹As XVG approaches the lower bound of the channels, which lines up perfectly with the demand zone marked in red, it would be an attractive zone (at least for me) to look for longs.
$XVG
🏹On the other hand, for the bulls to take over long-term, a break above the last major high marked in blue around $0.015 is needed.
🏹For $SOL to enter the price discovery phase and reach new ATHs, a daily candle close above $260 is required.
On the other hand, if it retests the green structure and the lower trendline, it would present a massive opportunity to accumulate at a discounted rate.
📈 Short-Term Bullish: #ETH is currently trading within a short-term bullish block.
📈 Long-Term Bullish: If the $3,500 resistance level is broken to the upside, $ETH is expected to enter a long-term bullish block, initiating a new bullish phase toward the $4,000 mark.
📈 Short-Term Bullish: BTC is currently trading within a short-term bullish block.
📈 Long-Term Bullish: If the $108,500 level is broken to the upside, BTC is expected to enter a long-term bullish block, initiating a new bullish phase toward the $125,000 mark.
📉 Short-Term Bearish: If BTC breaks below the short-term bullish block at $100,000, it will enter a short-term bearish block phase.
📉 Long-Term Bearish: If the $90,000 level is broken to the downside, a long-term bearish movement toward the lower bound of the long-term bearish block, around the $75,000 mark, is expected.
📌 According to our last analysis (attached on the chart), XRP has reached our $3 target.
🏹As long as the all-time structure marked in green and the $3 round number hold, the bulls will remain in control, potentially pushing towards the upper bound of the red channel around $4.