Bitcoin dominance on the weekly timeframe is finding support at the demand zone of 57.7%-58.5%. If this demand zone holds, we could see it reach the 62% area before any potential reversal. This bias remains valid as long as the zone holds. However, if the zone fails to hold, we might see it drop to 54% or even lower.
At a macro level, $ETH has done exactly what we had predicted: the rebound arrived precisely at the 0.75 area, around 2,700, which I had been indicating for days as a key reaction level. From here on the picture is clear: above us we have the major macro resistance around 4,000, while on the lower time frames the first real barrier lies in the red box at 3,400/3,500, which for now remains the most significant intermediate resistance.
As for trading, the logic remains the same: either you trade exclusively at key levels, or you wait for the structural confirmation that comes after the formation of the Monday Range, where the sweeps give you the clearest read on whether the move is genuine or just noise.
The rest are just random attempts. Here, you work with levels, structure and confirmations.
LATEST: ⚡ CoinShares has withdrawn its plans to issue a Solana staking ETF, XRP ETF and Litecoin ETF amid the recent fury of exchange-traded fund listings, saying it will focus instead on higher-margin business opportunities.
$BTC did not hold the 91k area so here is my next plan
upper liquidity/resistence on weekly at 104k
Next key support 81k - 78
My plan for the coming weeks would be hold 81k area in weekly chart then we move towards 104k area building a head and shoulders and fail to hold 81k level would mean 60k next
Plan is simple just need to be patient, just gonna be a choppy market until we hit 81k
Incredible market circumstances provide maximum opportunities.
That's also the case with $SUI, now tradeable with Grayscale!
It's down to almost $1, with the following indicators: - 1 Day RSI is hitting the lowest in more than a year. Last time was the crash in August '24. - 3 Day RSI hits its lowest level since listing. - Enormous gap between the Daily 20-MA and current price, indicating that there's atleat leastast some temporary upwards momentum next.
$PUMP maybe it's this simple as an S/R flip? I feel like people don't talk about pump as much right now, more zec and others. Still 1 of the best looking charts in crypto IMO and I like the way it's been chopping in this range for 30 days. Not in it and more just watching but if I were to choose an alt to buy spot that's relatively safe, it would be this one
$icp dumping like 2x supply was printed over night. Could be that big retail whales dumped heavily on VCs at top who were trapped for year. Now liquidity is drying and price is returning to mean value. I think it can tank to $4.8 as $6.4 failed to hold. I took very little profit and still holding 80% of my bags. Will take few weeks to go to $20.
For years, I have been trying to interpret the LTC/BTC chart without knowing how to do it
overwhelmed by having to deal with the seemingly unstoppable multi-year downtrend,
which became popular as a source of ridicule for too long now by those who love to mock Litecoin and the community
These damned sheep wouldn't recognize a reversal even if they came back from the future.
In fact, they are trend traders, and like all trend traders, they follow already established movements, simpler method but with the risk of often arrive too late to the party.
Reversal trader on the other side are crazy people.
They say trend is your friend, in this case, our nightmare.
After years of studying charts, I began studying Elliott, and I understood the importance of the Golden Pocket, between 0.618 and 0.66.
Only to realize one day that the answer had been right in front of me all along. Apparently.
The price was there, right on the most important fib level between 0.618 and 0.66.
The price action confirmed the validity of the ratio's measurement points, and for those who don't know because they are not familiar with Elliott waves, this ratio is the most likely point for the completion of a wave 2.
Wave 2 is a trader's true treasure, the most valuable point of a retracement because it precedes wave 3, the most powerful and impulsive wave.
I was euphoric. “Is wave 3 coming? Is it really possible that Litecoin's higher-degree trend against Bitcoin is actually bullish?” Deep down, I knew, I knew from my fundamental insights that an asset with a huge market cap like Bitcoin could not outperform an asset like Litecoin forever. However, seeing with my own eyes the possibility of justifying this insight with technical analysis made me excited.
At first, not being very familiar with Elliott's theory, I treated the movement as a standard impulse, achieving a result that would have made even the master himself faint even using the most bearish wave 3 fib targets.
$Ltc is the most overcrowded trade on CT right now. Just endless bull posts every single day for weeks with people drawing the same triangle. If it already wasn’t bad seeing that for the last few years. They are all the same triangle. How do you think that is going to work out for you all? It’s so obvious you’re all going to get rinsed bad before the party starts. They really got you all on this Zec rotation too bc it has privacy features right now. Bid low $30s. It’s prob going to $28 or so. Then it’s going to blow everyone away. Easy 300x over the next 2 years. $Btc going to $1M into 2027. Ditch the 4 year cycle herd thinking. They’ve got you on that one too.
P.s. Regular flats are almost always wave 2s in motive waves. Almost never wave 4s. Lesson there about what comes next after this completes.
I have reached the area that interests me for a possible rebound. But looking at the 3D chart, the structure still does not convey to me the market's willingness to reverse decisively. I have no intention of forcing an entry just because it 'might' start.
I will only enter if the price recovers the Monday Low with conviction. If this does not happen, I will stand still and observe: no unnecessary risk, no rush.
In trading, you don't have to prove anything to anyone. You just have to protect your capital and choose when to play your hand.