WOO is testing a major downtrend line on the 12H chart. A clean break above this zone could trigger a 33%+ upside move. Momentum building ā watch closely! š
šØ CRYPTO MARKET BREAKDOWN ā DEC 1 The month starts with BLOOD on the charts! š»
⢠BTC dumps below $86K ⢠ETH slides toward $2.8K ⢠Over $500M LONGS liquidated in early Asia trading ⢠Altcoins bleeding across the board ⢠China cracks down on stablecoins ā HK crypto stocks tank ⢠Risk-off sentiment crushing markets as Japan bond yields spike ⢠Fed ends QT ā liquidity could return soon š ⢠Market now at a make-or-break zone for December
š„ TL;DR: Regulatory pressure + macro fear = red market. But Fed liquidity + oversold levels = potential bounce incoming.
$ETH $BTC I guess it's time to pay attention to $SUPRA here
-98% discount from the December 2024 high and the project isn't dead.
$SUPRA is a high-performance MultiVM L1 blockchain backed by Coinbase Ventures & HTX Ventures
From the TA perspective, $SUPRA broke out of a Falling Wedge at the bottom & Historical Volatility hit the Support line. Prior two times it hit this Support $SURPA bounced +77% & +170%
This time $SUPRA can bounce even higher. I would target the April 2025 high of $0.0075 šÆ
After days of consolidation, Ethereum looks ready to move ā holding strong above the breakout zone. A clean push above $3,900 could open the path toward $4,100ā$4,200 next! ā”ļø
Massive accumulation spike coming in hot last week šš„
⢠Price holding strong at long-term support ⢠Breaking out of a falling wedge pattern forming since mid-2024 ⢠Potential upside target: +933% if trend plays out š³š
Smart money might be positioning early⦠š Are you watching $BRETT?
Ethereum is forming a Triple Bottom pattern ā a classic bullish reversal signal. š¹ Strong support around $3,700 š¹ Resistance near $4,300 š¹ Break above resistance could confirm trend reversal š
$ETH āSo you think $ETH will hit a new ATH, but #BTC won't? How is that possible?ā
Well, thatās the pattern we see at the end of each cycle šāāļø š
Thereās always a Bearish Divergence between $ETH and $BTC at the top of the cycle. Itās called āliquidity rotationā š #Ethereum prints a Higher High while #BTC prints a Lower High.
$RECALL š $RECALL 4H Chart Update Price is attempting to break out from the descending trendline after a period of consolidation. A move toward $0.54 (+34%) could be next if bulls sustain momentum. Watching for volume confirmation š