Bitcoin has reached a new all-time high but is currently facing rejection from the horizontal supply zone of the ascending triangle pattern. The Ichimoku Cloud is acting as support, indicating underlying bullish strength.
A weekly candle close above the pattern would signal potential for further upward movement, while failure to break through may lead to a short-term pullback within the pattern.$BTC #BitcoinDunyamiz
#Bitcoin RHODL Ratio has turned upwards - reaching its highest level in this cycle. This signals a shift: more wealth is held by single cycle holders, while 1d–3m activity stays low. Historically, such turns mark transitions in market cycles and cooling speculative momentum.$BTC
Bitcoin is currently facing rejection from the resistance trendline of the descending triangle pattern. The Ichimoku Cloud is reinforcing resistance above the price action, indicating bearish pressure.
A decisive breakout or breakdown is needed to confirm the next directional move. Monitor upcoming price action closely for confirmation.$BTC
Bitcoin is consolidating within a descending triangle pattern and is currently facing rejection from the resistance trendline. The 21MA is acting as support just below the current price action.
A breakout above the pattern could signal a bullish trend, while a breakdown below the 21MA may lead to a market correction. Monitor closely for confirmation.$BTC
USDT Dominance is consolidating within an ascending channel and is currently trading above the channel’s support trendline. The 200MA is acting as a resistance barrier above the current price action.
A breakout above the 200MA could signal further upward movement, while a breakdown below the channel may lead to a deeper downward correction. Keep an eye on the upcoming price action.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.$USDT #Dominance
#ALPHA is testing long-term descending channel support at a critical historical low. A relief bounce is possible, but it remains high-risk unless reclaimed levels (like $0.065) flip to support.
For confirmation, watch for: Weekly bullish divergence on RSI. Strong buying volume from this area. A clean reclaim of the previous range.$ALPHA
Bitcoin is currently facing resistance at the upper trendline of the descending channel, while the 21-day moving average is providing support.
A breakout above the channel would signal a potential bullish trend, whereas a breakdown below the 21MA could lead to continued consolidation within the pattern. Keep a close watch on the next move.$BTC
BTC is currently respecting the 63k level which is a good sign.
The 65k level will now act as a resistance level after the 65k resistance level the next resistance level will be the 67k the EMA's are also aligning there as a resistance.
If BTC breaks the 63k support level the next support level will be the 62k level.
As we have a weekly closure tonight volatility is expected need a weekly closure at least above the 65k level to then target the higher levels in the coming days if the closure is below then it will no be a positive sign.
As the things are not cleared y#et trade cautiously and must use sl.
BTC after breaking the 63366 level the 63k was our next strong support level and BTC respected it.
The 65k level will now act as a resistance level after the 65k resistance level the next resistance level will be the 67k the EMA's are also aligning there as a resistance.
If BTC breaks the 63k support level the next support level will be the 62k level.
We need a daily closure at least above the 65k level to then target the higher levels in the coming days if the closure is below then it will no be a good sign.
As the things are not cleared yet trade cautiously and must use sl.
BTC given a wick till the 64k level as mentioned in the update yesterday that if 65k breaks the next support region will be the 64k level and the same thing happened.
The 67k level will still remain ac strong resistance as the EMA's are also aligning there as a resistance.
If BTC breaks the 64k support level the next support level will be the 63k level.
We need a daily closure at least above the 65k level to then target the higher levels in the coming days if the closure is below then it will no be a good sign.
As the things are not cleared yet trade cautiously and must use sl.
Sol rejected from the upper rectangular resistance on daily
Currently approaching the daily demand zone sol has given rallies from this demand zone in the past the lower trendline is also acting as a support here.
If Sol didn't hold this daily demand zone then can reject further to the lower levels.
BTC is still in range the 65k level is acting as the support
While the 67k level is now acting as resistance
If BTC breaks the 65k support level the next support level will be the 64k level.
As we have a weekly closure for the bullish momentum of BTC it needs a closure at-least above the 66k level to then target the higher levels of 69 to 70k.
As today we have a weekly closure volatility is expected so trade cautiously and must use sl.
As mentioned in the previous update that if BTC break the support level of 69k the next support level will be the 66k level and the same thing happened after breaking the 69k level the BTC approached the 66k level.
Now what's Next ?
For BTC to give bullish move it need to hold the 66k support level if this level also breaks then the next support level for the BTC will be the 64k level.
The 69k level for the BTC will now act as strong resistance.
As the market condition is not cleared yet it is good to trade cautiously and must use sl.
USDT.D has currently reached the daily trendline resistance level a rejection from here will be a positive sign if incase USDT.D breakout from this trendline resistance level BTC and Alts will bleed more.
For the bullish momentum in BTC and alts a rejection is important if not market will remain choppy.
If incase USDT.D breakout from this trendline resistance level the next strong resistance region will be the 5.12% level.