tradeanalysis

#BTC rebounded from the $88.5k–$88.6k sweep zone and is now consolidating around $89.9k, which usually means one thing:
liquidity was taken → now price is waiting for the next expansion.
What matters right now
The move down into $88.5k looks like a liquidity sweep (weak longs got flushed).
Price is now forming a base above support, but we’re still below a major resistance band.
The next impulse will likely come only after a clean break + confirmation.
📌 KEY LEVELS
✅ Support (Demand): $88.5k – $89.2k
This is the zone bulls must defend to keep the bounce valid.
⚠️ Resistance / Sell-side pressure: $90.9k – $91.2k
This area rejected price before — it’s the first “real test” for buyers.
🎯 SETUPS (2 scenarios)
1) LONG Setup (Bounce continuation)
Bias: Bullish only if support holds
Trigger: sweep + reclaim + strong close above intraday structure
✅ Entry: $89.3k – $89.6k (after reclaim + confirmation)
🛑 Stop-loss: $88.4k (below the sweep low)
🎯 TP1: $90.9k
🎯 TP2: $91.2k – $91.6k
🎯 TP3 (extension): $92.0k
only with confirmation
2) SHORT Setup (Breakdown continuation)
Bias: Bearish if BTC fails to reclaim and breaks structure
Trigger: break + retest rejection of the support flip
✅ Entry: below $89.4k after retest
🛑 Stop-loss: $90.2k
🎯 TP1: $88.5k
🎯 TP2: $87.3k
🔥 What I’m watching next
If BTC reclaims $90.9k with strength → bulls take control.
If BTC loses $89.2k cleanly → the sweep becomes a continuation dump.
💬 Do you think BTC will reclaim $91k first or do we get one more flush below $89k before the real move?
⚠️ Disclaimer
This content is for educational purposes only and is not financial advice.
Crypto markets are highly volatile — always use risk management and trade responsibly.

Overview
AVAX is trading at $22.57, up +3.82% on the 1D timeframe. Similar to SOL, AVAX appears to have broken out of a descending channel while Bitcoin (BTC) still hovers below its own key resistance. This relative strength could propel AVAX higher if broader market conditions (led by BTC) turn bullish.

1. Descending Channel Breakout
Channel Resistance:
Drawn from $37.82 down through multiple lower highs.AVAX has pushed above this line near $21.00–$22.00, suggesting a potential bullish reversal.
Channel Support:
Slopes from the $15.27 swing low, where AVAX recently found its bottom.With the channel now breached, buyers will look for confirmation—ideally a daily close above the breakout zone and strong follow-through volume.
2. Fibonacci Retracements
Using the swing high $37.82 down to the $15.27 low, the following Fibonacci levels emerge:
0.236 Fib (~$25.24) – The first key resistance if AVAX continues upward.0.382 Fib (~$29.41) – A common reaction zone in corrective rallies.0.5 Fib (~$31.55) – Midpoint often watched by traders.0.618 Fib (~$33.69) – A pivotal resistance if momentum persists.0.786 Fib (~$36.47) – Could come into play if AVAX sees a deeper rally.
Currently at $22.57, AVAX is approaching the 0.236 Fib ($25.24). A decisive break above that level would reinforce the bullish breakout narrative.
3. Technical Indicators
1. Bollinger Bands (1D)
Upper Band (~$24.80): Price heading toward the upper band, in line with the 0.236 Fib.Middle Band (~$26.10): If AVAX surges above the upper band, the middle band on the next timeframe or a higher Bollinger setting could be a future target.Lower Band (~$15.78): Corresponded to the channel’s lower region where AVAX recently bounced.
2. MACD (1D)
DIF: -2.49, DEA: -2.89, MACD: +0.40 — The histogram flipping positive suggests a bullish crossover in progress.
3. RSI (14, 1D)
Hovering around 45–50, exiting oversold territory. A push above 50–55 would confirm stronger bullish momentum.
4. Stochastic (K/D, 1D)
K: 65, D: 58 — Rising from oversold levels, not yet at extreme overbought, leaving room for further upside.
5. OBV (On-Balance Volume)
Starting to climb, indicating buying interest is picking up. A continued rise would validate a healthier uptrend.
6. Volume (1D):
54.49M on the breakout day, moderate but could use a spike to confirm a stronger move.
4. Support & Resistance
Immediate Support: $21.00–$22.00 (channel breakout zone)Major Support: $18.00, then $15.27 (recent low)Immediate Resistance: $24.00–$25.00 (local pivot + near the 0.236 Fib)Higher Resistance: $29.41 (0.382 Fib), $31.55 (0.5 Fib), $33.69 (0.618 Fib)
If AVAX holds above $22 and BTC also breaks out, AVAX could quickly test the $25.24 Fib level. Conversely, if BTC faces rejection, AVAX might struggle to sustain this momentum and retest $21 or lower.
5. Potential Scenarios
1. Bullish Continuation
AVAX remains above $22, confirming the channel breakout.RSI climbs above 50, MACD histogram expands, targeting $25–$26 next.A strong BTC breakout would likely reinforce AVAX’s run toward $29–$31.
2. Pullback / Fakeout
AVAX fails to hold above $22, slipping back into the channel.MACD crossover stalls, RSI dips below 45.A drop toward $18 or even $15.27 if broader market sentiment turns bearish.
3. Sideways Consolidation
AVAX fluctuates between $21 and $25, letting indicators reset.Traders watch for a definitive break in either direction to gauge the next move.
6. Conclusion
$AVAX has joined SOL in breaking out of its descending channel, displaying relative strength while BTC remains under key resistance. This bullish divergence suggests AVAX may lead the market higher if $BTC eventually follows suit. However, a BTC rejection could cap or reverse AVAX’s momentum, especially around the $25 resistance zone.
For a full in-depth $SOL analysis, check out the related post on my profile! where we break down SOL’s own descending channel breakout in detail.
Key Takeaways
Channel Breakout: Bullish signal if confirmed by volume and daily closes above $22.Fibonacci Targets: $25.24 (0.236 Fib) is the first hurdle; a break opens $29.41 (0.382 Fib) or higher.BTC Correlation: BTC’s next move will likely influence AVAX’s follow-through or pullback.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence and consult a professional before making investment decisions.
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📌 Note: Futures trading may not be Shariah-compliant. Trade responsibly.
#AVAX #BTC #solana #Altcoin #tradeanalysis

$DOGE

Current retracement forming a rounded top, with eyes on the 0.618–0.786 Fibonacci zone for a potential bounce.

💵 Current Price: $0.1866

🟩 Buy Zone: $0.155–$0.165 (Fibonacci golden pocket)

🧲 Setup: Price may dip into the fibo support zone before a possible bullish reversal.

🎯 Targets:

T1: $0.21329
T2: $0.25303

$PEPE
$SHIB

#WhaleAlert #TradeAnalysis #DOGE