The chart pattern shown is a symmetrical triangle, a continuation pattern known as an ascending pennant. It formed after a very strong upward move from a low of 62,535.24 to a high of 87,395.67.
Expected scenarios: Consolidation: The price is currently confined between lower highs and higher lows within the triangle, building momentum after the sharp preceding rise.
Current situation: The price is now trading at 83,298.00 and is pressing directly against the upper boundary (the resistance line) of the chart pattern.
Technical scenarios:
1. Bullish breakout scenario: Since the preceding trend was upward, an upside breakout is quite possible. If the price successfully breaks above the upper line and a candle closes above it (especially if accompanied by high trading volume), this would signal that the uptrend may continue.
2. Rejection or bearish breakdown scenario: If the price is rejected at this upper boundary, it may return to test the triangle’s lower boundary as support. However, if the lower boundary breaks to the downside, this would invalidate the pattern’s bullish outlook and the price could enter a deeper correction toward 80,000 or 77,500.
Engage with the post and stay tuned for upcoming analyses #BTC
Wishing you success, God willing Dr. Mohammed Shalash
BTC acquisition clearly broke below the ascending wedge on the weekly timeframe, indicating a potential shift in market structure. After the breakdown, it attempted to re-test the previous wedge support, which now acts as resistance, but it failed to reclaim it convincingly.
Currently, the acquisition is hovering around the 59% area, showing weakness after the rejection from the re-test zone. This suggests that Bitcoin's dominance in the market may continue to decline over the coming weeks, potentially triggering stronger movements in the market overall.
Unless BTC dominance reclaims the broken trend line and closes back inside the channel, the structure favors more downside, possibly towards the 54-55% area.
Therefore, we are quite optimistic in the last quarter of this year; it could be the final wave up in this cycle. #btc
The market is gradually recovering with the opening of the American market and some positive news.
The market is starting to recover noticeably after confirming the filtering of all traders and the entry of whales again from very good support points.
Regarding the Solana chart, we notice that its positivity exceeds that of Ethereum.
On the hourly frame, we observe that in the past hours, Solana has recovered more than Ethereum, and this is due to Solana being affected more than Ethereum, and thus Solana is trying to return to the same areas before the drop as quickly as possible. #btc #solana
One of the new - strong - currencies - its explosion is imminent
According to the drawn trend, it has approached a strong support area and is expected to bounce back in the medium term, i.e., between 7 days to 20 days
Along with the upcoming upward wave, the rise will be greatly in its favor
🪩BUY BONK / USDT
Medium Spot 🪩
🔑 ENTRY 0.00001982
TARGETS : ➡️0.00002010 ➡️0.00002180 ➡️0.00002300 ➡️0.00002600 ➡️0.00003900 Stop ❌ 0.0000165 Close of 4-hour candle Your entry and exit are your sole responsibility #btc
The market is in a great dilemma between rising to a new peak now and a fierce decline extending to October 2025, followed by a resurgence to new peaks.
In the end, we are confident that there is a very strong upward wave, even if its duration is shorter than previous cycles, despite the possibility of a delay.
Therefore, exiting the market is not the right decision now. Whenever you sense the strength of a trend, whether upward or downward, know that the market will immediately head in the opposite direction.
Do not follow your instincts at all.
Express your opinion by interacting with the post.
It is an index that measures the level of fear or greed among investors. The higher it rises on the chart, the more it reflects and indicates an increase in fear and expected volatility in the market.
It has an inverse relationship with the markets; the higher it rises, the more the market contracts and currency prices drop, and vice versa.
A level below 20 indicates a stable market. A level above 30 indicates an increase in fear and expected volatility.
This is an overview of the index.
As we can see on the chart, the index is low, below 20, currently at 16, indicating market stability.
However, there is clearly a gap at the level of 19-21, and thus, when it closes, we will face a market decline or a continuation of the drop at the strongest support level at 12.30.
The more support we have, the more you benefit. #BTC Good luck, God willing.
The daily closure was not clearly positive But Bitcoin is still moving within the ascending wedge where the price was rejected at $122,000, which is natural and logical. Whenever it visits its last resistance, a natural correction must occur.
In the end, major traders are trying to manipulate the market to push out the largest number of traders.
The correction now is natural and logical down to the support of $116,000, after which we will start to update the new support areas.
As long as we are inside the ascending channel, we are safe.
Engage with the post only and wait for more market analysis. #BTC
We notice the drawn trend shows for the third time that the price stabilizes for days at the third point before a strong rebound and reaching a new peak
The scenario I see now is stability above 115 thousand
This gives the momentum to achieve a higher peak of 125 thousand soon
In the worst-case scenario, there is a false break to 111 thousand dollars followed by a strong rebound
We notice since the beginning of the month that the market is trying to deceive traders by suggesting a strong drop is coming, yet we observe an immediate rebound after hours
Time is pressing the market to reach significant peaks in 2025, yet it tries to make Bitcoin deceive everyone and creates downward traps for alternative currencies, but there is no escape from the drop in dominance and a strong rise for currencies
Hold onto your currencies as much as possible and endure market pressure
Engage strongly with the post and expect more analysis soon
According to the chart, the current ratio is at a very strong support level over the past years since 2019, with the ratio at 61% being a critical point in the history of dominance.
Multiple times, this ratio has been broken, leading to the collapse of dominance and subsequently causing a market explosion and significant price increases.
Now we are about to touch this ratio after a strong rise in dominance that reached 66%. We had previously expected a correction from this ratio, and indeed the Bitcoin dominance collapsed, leading the market to surge.
Thus, the current scenario is either that it will be broken as usual, leading to further collapse of dominance and more upward movement for the rest of the market and alternative currencies,
or a direct rebound from this ratio, increasing Bitcoin dominance, which would result in corrections for alternative currencies. This is the natural and logical occurrence to date due to rising indicators, which are always followed by a market calm before continuing the upward journey.
However, it is not necessarily required for this to happen, as the overall situation is still good, and there are no signs of a downturn or correction. Therefore, we always move with the market and follow its changing events.
Summary Try as much as possible to activate stop-loss orders for your trades, accept profits for yourself, and set exit points from your trades if any sudden sharp drop occurs.
Continue with your trades while being aware of the market's volatility.
One of the strong currencies in the cryptocurrency market
It has reached its lowest point in the downward trend, which is the strongest support ever at 3 dollars, and rebounds from these areas are always not less than 3 times as shown in the chart.
A rebound is expected soon with the market's recovery, but with this currency, the rise will be strong because the drop is very strong during the correction.
Therefore, we do not want to ignore it, especially since it is one of the strong currencies in the top 20, meaning its collapse is unlikely due to the liquidity in the currency.
Monitor it closely in the coming days.
🪩BUY DOT / USDT
Medium Spot 🪩
🔑 ENTRY 3.45
TARGETS : ➡️3.60 ➡️3.80 ➡️4.00 ➡️4.60 ➡️6.50 Stop 2.95 ❌ Close 4-hour candle Your entry and exit are your sole responsibility.
Bitcoin confirms its stability above $105,000, which warns of the strength of the cryptocurrency market and confirms the upcoming reach of a historically high peak soon.
As we approach the end of 2025, the impact of political events on the market has been weakening day by day.
We expect a high peak before the end of the year, surpassing $115,000 for Bitcoin.