Pro Crypto Analyst
#BTC Update : #BTC closed between key #Support and #Resistance areas on the weekly timeframe with no clear directional resolution yet ππ΄. H4 timeframe showing price moving through a small #ChannelPattern with bearish market conditions continuing to dominateβ¦
#BTC Update:
#BTC rose and tapped the #Resistance line again, still following the #ChannelPattern with no signs of breaking through convincingly ππ΄. Sellers continue to defend this level aggressively with bearish bias firmly maintained throughout πͺ.
Price could move further lower from here as channel continues to cap upside β avoid chasing any bounces and let price come to key support levels naturally before considering any entries β‘οΈπ―π
#BTC rose and tapped the #Resistance line again, still following the #ChannelPattern with no signs of breaking through convincingly ππ΄. Sellers continue to defend this level aggressively with bearish bias firmly maintained throughout πͺ.
Price could move further lower from here as channel continues to cap upside β avoid chasing any bounces and let price come to key support levels naturally before considering any entries β‘οΈπ―π
Pro Crypto Analyst
#GOLD Update: #GOLD formed a large #ConsolidationRange with liquidity sitting at both ends of the marked zone around $3,950 and $4,250 ππ΄. These large ranges remain very tradable with clear levels to work with on both sides πͺ. Short-term sells look goodβ¦
#GOLD Update:
#GOLD still stuck in the #ConsolidationRange and now forming a #SymmetricalTriangle pattern with no clear directional bias emerging yet ππ΄. Price compressing tightly between the two converging trendlines with a breakout looking increasingly imminent πͺ.
Short-term scalping can be done on either side of the confirmed #Breakout β wait for a clean and decisive move before entering and manage risk carefully as these triangle breakouts can be sharp and fast moving β‘οΈπ―π
#GOLD still stuck in the #ConsolidationRange and now forming a #SymmetricalTriangle pattern with no clear directional bias emerging yet ππ΄. Price compressing tightly between the two converging trendlines with a breakout looking increasingly imminent πͺ.
Short-term scalping can be done on either side of the confirmed #Breakout β wait for a clean and decisive move before entering and manage risk carefully as these triangle breakouts can be sharp and fast moving β‘οΈπ―π
PutCallRatio falling to its lowest of the year with volume ratio halving from June's hedging spike ππ’πͺ. #PerpFunding holding below neutral line every day of the past month β optimism driven by hedges being lifted rather than fresh leverage being added π΄.
This distinction matters significantly β #Squeezes built on lifted hedges rather than crowded leverage tend to retrace far less violently, pointing to a healthier and more sustainable recovery structure than typical funding-driven moves β‘οΈπ―π
This distinction matters significantly β #Squeezes built on lifted hedges rather than crowded leverage tend to retrace far less violently, pointing to a healthier and more sustainable recovery structure than typical funding-driven moves β‘οΈπ―π
#NEAR Analysis:
#NEAR slid below the key level forming a #FallingWedge pattern, now pushing back up toward the same area acting as #Resistance ππ΄. Price structure remains clearly bearish with no meaningful signs of recovery or bullish intent visible πͺ.
#ShortSelling becomes very favorable upon a confirmed rejection from this resistance level β wait patiently for the rejection candle before entering, manage risk carefully and let the trade develop at its own pace β‘οΈπ―π
#NEAR slid below the key level forming a #FallingWedge pattern, now pushing back up toward the same area acting as #Resistance ππ΄. Price structure remains clearly bearish with no meaningful signs of recovery or bullish intent visible πͺ.
#ShortSelling becomes very favorable upon a confirmed rejection from this resistance level β wait patiently for the rejection candle before entering, manage risk carefully and let the trade develop at its own pace β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC rose and tapped the #Resistance line again, still following the #ChannelPattern with no signs of breaking through convincingly ππ΄. Sellers continue to defend this level aggressively with bearish bias firmly maintained throughout πͺ. Priceβ¦
#BTC Update:
#BTC gave a shallow break of the small #ChannelPattern and is now moving up toward the #Resistance area with slow and unconvincing momentum ππ΄. Market remains very slow and sluggish with no real urgency from either bulls or bears at this stage πͺ.
More waiting is needed before any meaningful trade setup emerges β avoid forcing any positions in this slow environment and let the market pick up momentum and show a clearer hand before committing β‘οΈπ―π
#BTC gave a shallow break of the small #ChannelPattern and is now moving up toward the #Resistance area with slow and unconvincing momentum ππ΄. Market remains very slow and sluggish with no real urgency from either bulls or bears at this stage πͺ.
More waiting is needed before any meaningful trade setup emerges β avoid forcing any positions in this slow environment and let the market pick up momentum and show a clearer hand before committing β‘οΈπ―π
Key signals are improving from their lows β Cycle Position reading deep accumulation territory and ticking higher alongside fading capitulation in Investor Behaviour ππ’πͺ. Derivatives recovered from washed-out to balanced β deleveraged rather than frothy π΄.
Overall composite still reads Risk-Off but lenses repairing inside a defensive regime is exactly what an early turn looks like. Dashboard flips fully constructive with breadth and follow-through β not from a single squeeze β‘οΈπ―π
Overall composite still reads Risk-Off but lenses repairing inside a defensive regime is exactly what an early turn looks like. Dashboard flips fully constructive with breadth and follow-through β not from a single squeeze β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC gave a shallow break of the small #ChannelPattern and is now moving up toward the #Resistance area with slow and unconvincing momentum ππ΄. Market remains very slow and sluggish with no real urgency from either bulls or bears at this stageβ¦
#BTC Update:
#BTC slowly moved into the #Resistance area and is now at a critical decision point ππ΄. Price could face a strong rejection from this zone or push through with a clean weekly candle close that would be really good for bullish intentions πͺ.
This weekly close is extremely important β a convincing close above the zone would significantly strengthen the bullish case and open the door for a meaningful move higher β‘οΈπ―π
#BTC slowly moved into the #Resistance area and is now at a critical decision point ππ΄. Price could face a strong rejection from this zone or push through with a clean weekly candle close that would be really good for bullish intentions πͺ.
This weekly close is extremely important β a convincing close above the zone would significantly strengthen the bullish case and open the door for a meaningful move higher β‘οΈπ―π
Pro Crypto Analyst
#BTC.D Update: #BTC.D printed a new #HigherHigh and moved above the old high β directly triggering a dump across the altcoin market ππ΄. Rising dominance continuing to suppress any meaningful altcoin recovery with further declines expected across the boardβ¦
#BTC.D Update:
#BTC.D retraced back to the pattern break and is now more prone to pushing higher toward #Resistance area 59.90%β59.94% ππ΄. Rising dominance signals altcoins likely to see another drop in price as money continues flowing toward #BTC πͺ.
Hold existing #Short opportunities in altcoins β dominance pushing toward resistance means altcoin pressure is far from over, stay patient and let the trade continue running at its own pace β‘οΈπ―π
#BTC.D retraced back to the pattern break and is now more prone to pushing higher toward #Resistance area 59.90%β59.94% ππ΄. Rising dominance signals altcoins likely to see another drop in price as money continues flowing toward #BTC πͺ.
Hold existing #Short opportunities in altcoins β dominance pushing toward resistance means altcoin pressure is far from over, stay patient and let the trade continue running at its own pace β‘οΈπ―π
Pro Crypto Analyst
#BANANA Analysis: #BANANA hit an #AllTimeLow a month ago and is now attempting to break the long #DowntrendChannel pattern while following a small #FlagPattern ππ΄. Despite the breakout attempt, overall market remains firmly bearish with no convincing signsβ¦
#BANANA Update:
#BANANA forming a #BullFlag pattern following the break of the #DowntrendChannel β a potential bullish continuation signal developing ππ’πͺ. Structure showing early signs of a possible trend shift worth watching closely π΄.
Place stops at the pattern break and take #Long or #Short positions depending on which side price closes β let the market confirm the direction before committing and manage risk carefully once the move develops β‘οΈπ―π
#BANANA forming a #BullFlag pattern following the break of the #DowntrendChannel β a potential bullish continuation signal developing ππ’πͺ. Structure showing early signs of a possible trend shift worth watching closely π΄.
Place stops at the pattern break and take #Long or #Short positions depending on which side price closes β let the market confirm the direction before committing and manage risk carefully once the move develops β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC slowly moved into the #Resistance area and is now at a critical decision point ππ΄. Price could face a strong rejection from this zone or push through with a clean weekly candle close that would be really good for bullish intentions πͺ. Thisβ¦
#BTC Update:
#BTC again experienced a short-term rejection from the #Resistance area with a move lower looking increasingly imminent ππ΄. Sellers continuing to defend this level aggressively with bearish pressure building beneath the surface πͺ.
However anticipating this too early would be premature β wait for a confirmed candlestick signal on the Daily TF before entering any positions, rushing in without confirmation carries unnecessary risk at this critical level β‘οΈπ―π
#BTC again experienced a short-term rejection from the #Resistance area with a move lower looking increasingly imminent ππ΄. Sellers continuing to defend this level aggressively with bearish pressure building beneath the surface πͺ.
However anticipating this too early would be premature β wait for a confirmed candlestick signal on the Daily TF before entering any positions, rushing in without confirmation carries unnecessary risk at this critical level β‘οΈπ―π
Pro Crypto Analyst
#SNX Update: #SNX had a #Breakout but it wasn't clean, with price forming a #Consolidation above the same level rather than pushing away with conviction ππ΄. Structure remains unclear and indecisive with no strong directional signal emerging yet πͺ. Priceβ¦
#SNX Update:
#SNX gave a break of the #Consolidation and formed a small range at the bottom β a clear signal favoring #ShortSelling ππ΄. Market attempting to sustain at the bottom of the range but structure remains firmly bearish with no convincing signs of recovery πͺ.
If price breaks the small range blue box too, get into #Short positions immediately β that confirmation would add significant weight to the bearish setup and provide a cleaner and safer entry point β‘οΈπ―π
#SNX gave a break of the #Consolidation and formed a small range at the bottom β a clear signal favoring #ShortSelling ππ΄. Market attempting to sustain at the bottom of the range but structure remains firmly bearish with no convincing signs of recovery πͺ.
If price breaks the small range blue box too, get into #Short positions immediately β that confirmation would add significant weight to the bearish setup and provide a cleaner and safer entry point β‘οΈπ―π
#BTC Macro Update:
Last week's relative strength against equities has faded β #BTC spent this week sliding while US and European stocks sat flat ππ΄. Break came Monday and price has not caught up with equities since, while oil gave back last week's spike entirely πͺ.
One week of relative weakness is not a regime change β but it does remove one of the few positives from June's repair phase where #BTC was consistently being bought on days equities did nothing β‘οΈπ―π
Last week's relative strength against equities has faded β #BTC spent this week sliding while US and European stocks sat flat ππ΄. Break came Monday and price has not caught up with equities since, while oil gave back last week's spike entirely πͺ.
One week of relative weakness is not a regime change β but it does remove one of the few positives from June's repair phase where #BTC was consistently being bought on days equities did nothing β‘οΈπ―π
Pro Crypto Analyst
#BITCOIN Daily TF Update: #BITCOIN moving back and forth around the $65,000 area with nothing significant happening on the Daily TF ππ΄. Weekly TF still showing price firmly inside the range with a potential move lower back toward #Support around $60,000 remainingβ¦
#BITCOIN Daily TF Update:
#BITCOIN slowly retraced throughout the entire week, grinding up and up while still following the range with no significant developments ππ΄. Structure remains frustratingly indecisive with neither bulls nor bears showing any real commitment to a directional move πͺ.
Nothing can be anticipated here β wait for price to make a decisive move in either direction before acting, clarity is needed before committing to any position and forcing trades in this environment carries unnecessary risk β‘οΈπ―π
#BITCOIN slowly retraced throughout the entire week, grinding up and up while still following the range with no significant developments ππ΄. Structure remains frustratingly indecisive with neither bulls nor bears showing any real commitment to a directional move πͺ.
Nothing can be anticipated here β wait for price to make a decisive move in either direction before acting, clarity is needed before committing to any position and forcing trades in this environment carries unnecessary risk β‘οΈπ―π
Pro Crypto Analyst
#BTC Weekly TF Update: #BTC tapped into the zone again this week, dropping back down to the #Support area and nearly entering it once more ππ΄. Price ranging significantly with no clear directional conviction emerging despite multiple tests of this level πͺ.β¦
#BTC Weekly TF Update:
#BTC still moving sideways and remaining firmly bounded within the Weekly Key area with no decisive breakout materializing ππ΄. Price continuing to respect both boundaries of the range with neither bulls nor bears gaining meaningful control πͺ.
Need to wait an additional week to see a confirmed #Breakout of the zone β patience remains the only sensible approach here, avoid forcing any trades until the market finally decides which direction it wants to commit to β‘οΈπ―π
#BTC still moving sideways and remaining firmly bounded within the Weekly Key area with no decisive breakout materializing ππ΄. Price continuing to respect both boundaries of the range with neither bulls nor bears gaining meaningful control πͺ.
Need to wait an additional week to see a confirmed #Breakout of the zone β patience remains the only sensible approach here, avoid forcing any trades until the market finally decides which direction it wants to commit to β‘οΈπ―π
Pro Crypto Analyst
#US30 Update: #US30 gone into a sideways market after printing a new #AllTimeHigh β bulls taking a breather before the next potential leg higher ππ’πͺ. Structure remains firmly bullish with no signs of trend reversal visible at this stage π΄. Expecting a newβ¦
#US30 Update:
#US30 moving exactly as planned, reaching a new #AllTimeHigh with a strong 3% move to the upside ππ’πͺ. Setup playing out perfectly with bullish momentum remaining firmly intact and no signs of reversal in sight π΄.
Hold long positions confidently if already in the trade β structure strongly supports further upside continuation with another #ATH looking increasingly likely as momentum continues building β‘οΈπ―π
#US30 moving exactly as planned, reaching a new #AllTimeHigh with a strong 3% move to the upside ππ’πͺ. Setup playing out perfectly with bullish momentum remaining firmly intact and no signs of reversal in sight π΄.
Hold long positions confidently if already in the trade β structure strongly supports further upside continuation with another #ATH looking increasingly likely as momentum continues building β‘οΈπ―π
2Y Treasury yield sitting above the Federal Funds Rate with the widest gap since November 2022 β bond market leaning toward the next move being a hike rather than a cut ππ΄. A cut today would surprise most of the current positioning πͺ.
Reaction will matter far more than the actual decision β if market fails to hold a bid on unexpectedly good news, it would reveal more about the absence of a marginal buyer than the #FOMC decision itself β‘οΈπ―π
Reaction will matter far more than the actual decision β if market fails to hold a bid on unexpectedly good news, it would reveal more about the absence of a marginal buyer than the #FOMC decision itself β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC again experienced a short-term rejection from the #Resistance area with a move lower looking increasingly imminent ππ΄. Sellers continuing to defend this level aggressively with bearish pressure building beneath the surface πͺ. However anticipatingβ¦
#BTC Update:
#BTC went sideways before dropping hard and strongly at yesterday's NY Open with bearish momentum now building ππ΄. Price action remains unclear with no convincing directional signal emerging from either side yet πͺ.
LTF turning bearish signals a short-term drop is expected in the near term β avoid premature long entries and stay cautious as market continues to show weakness and indecision at current levels β‘οΈπ―π
#BTC went sideways before dropping hard and strongly at yesterday's NY Open with bearish momentum now building ππ΄. Price action remains unclear with no convincing directional signal emerging from either side yet πͺ.
LTF turning bearish signals a short-term drop is expected in the near term β avoid premature long entries and stay cautious as market continues to show weakness and indecision at current levels β‘οΈπ―π
Pro Crypto Analyst
#GOLD Update: #GOLD still stuck in the #ConsolidationRange and now forming a #SymmetricalTriangle pattern with no clear directional bias emerging yet ππ΄. Price compressing tightly between the two converging trendlines with a breakout looking increasinglyβ¦
#GOLD Update:
#GOLD showed a clean #TrianglePattern breakout alongside a sideways market breakout β providing a solid entry opportunity that has already moved into profit ππ’πͺ. Price action looking constructive with further upside still remaining on the table π΄.
A re-entry could be possible on any healthy pullback β watch closely for a retest of the breakout level and manage risk carefully to maximize gains as the move continues developing β‘οΈπ―π
#GOLD showed a clean #TrianglePattern breakout alongside a sideways market breakout β providing a solid entry opportunity that has already moved into profit ππ’πͺ. Price action looking constructive with further upside still remaining on the table π΄.
A re-entry could be possible on any healthy pullback β watch closely for a retest of the breakout level and manage risk carefully to maximize gains as the move continues developing β‘οΈπ―π
Pro Crypto Analyst
#BTC Update: #BTC went sideways before dropping hard and strongly at yesterday's NY Open with bearish momentum now building ππ΄. Price action remains unclear with no convincing directional signal emerging from either side yet πͺ. LTF turning bearish signalsβ¦
#BTC Update:
#BTC attempting to move back up toward the #Resistance area once again, now on the verge of breaking the zone with momentum building ππ’πͺ. A confirmed flip of this zone alongside a strong weekly candle close would be a very good sign for a sustained bullish move to begin π΄.
Additional confirmation along the way will be key before strengthening the bullish bias β watch the weekly close very closely as it could be the most important candle of recent weeks β‘οΈπ―π
#BTC attempting to move back up toward the #Resistance area once again, now on the verge of breaking the zone with momentum building ππ’πͺ. A confirmed flip of this zone alongside a strong weekly candle close would be a very good sign for a sustained bullish move to begin π΄.
Additional confirmation along the way will be key before strengthening the bullish bias β watch the weekly close very closely as it could be the most important candle of recent weeks β‘οΈπ―π
#BTC Early Bull Signal Update:
A second #EarlyBullSignal has appeared on #BTC β historically the second signal has marked a confirmed bottom and the beginning of an uptrend ππ’πͺ. Following the first signal a further decline occurred, but the second has consistently indicated the bottom forming phase π΄.
Last rally showed no overheated bull phase and the extreme bear phase during the decline was very short β all signs pointing toward preparation for a significant rally about to begin. High probability that #BTC is currently forming a bottom β‘οΈπ―π
A second #EarlyBullSignal has appeared on #BTC β historically the second signal has marked a confirmed bottom and the beginning of an uptrend ππ’πͺ. Following the first signal a further decline occurred, but the second has consistently indicated the bottom forming phase π΄.
Last rally showed no overheated bull phase and the extreme bear phase during the decline was very short β all signs pointing toward preparation for a significant rally about to begin. High probability that #BTC is currently forming a bottom β‘οΈπ―π