technicalanalyst

$SOL #solonapumping #BinanceAlphaAlert #technicalanalyst

Solana (SOL) has seen a massive surge against Tether (USDT), jumping over 10% in a single day and reaching $152.87. This significant move has traders eager to predict where SOL's price might go in the coming week. Let's analyze the crucial price levels to watch and potential scenarios.
Current Market Snapshot:
Current Price: $152.87 (up 10.89% today)Today's Price Range: High of $154.50 / Low of $133.82Key Technical Indicators:
RSI (14): Ranging between 47.66 and 48.40, indicating a neutral condition (neither overbought nor oversold).MACD: Currently negative but showing signs of improvement, suggesting that bearish momentum is weakening.LSMA (25-period): At 123.17, acting as a long-term trend support level.LSMA (9-period): At 128.78, indicating short-term support.
Critical Price Levels for the Week Ahead:
Resistance (Potential Ceilings for Price Movement):
$154.50 - $158: The price recently tested $154.50. If this level is broken, the next likely target is around $158.$162.72: This represents a stronger resistance level. Surpassing this could pave the way for a push towards $170.$170.00: This is a significant psychological barrier. If SOL reaches this point, bullish control of the market is highly probable.Support (Potential Floors Where Buying Interest May Emerge):$150.00: A crucial support level. Maintaining price above this suggests the current uptrend remains robust.$142 - $140: This area previously acted as resistance and could now serve as support, potentially attracting buyers during price dips.$133.82 - $128.78: This zone represents strong support. A fall to these levels might present a buying opportunity for traders.
Potential Price Action Next Week:
Bullish Scenario:
Holding above $150 will likely sustain the current upward momentum, leading to a retest of the $154.50 resistance.A successful break above $154.50 could propel SOL towards $162 and potentially even the $170 mark.
Bearish Scenario:
Falling below the $150 support could trigger a price decline towards the $142 level.If the $142 support fails to hold, the next significant support level to watch is $133.82.Trading Strategies to Consider:
Buying on Dips: Consider entering a long position if SOL retraces to the $142-$145 range, with a stop-loss order placed below $133 to manage risk.Shorting Opportunity: A short position might be considered only if SOL faces rejection at the $154.50 resistance level and the RSI drops below 45, indicating weakening bullish momentum.Monitor the MACD: A positive turn in the MACD indicator could signal further upward price movement.
Important Note: Solana's price often correlates with Bitcoin's movements. Therefore, keeping a close eye on Bitcoin's price action is also crucial for trading SOL/USDT.
Disclaimer: Cryptocurrency trading involves significant risks. Never invest more capital than you can afford to lose.
What are your thoughts on SOL's next move? Share your opinions in the comments below!

In the world of technical analysis, candlestick patterns are powerful tools that help traders interpret market sentiment and forecast potential price movements. Among the various patterns that traders rely on, the Harami candlestick patterns — Bullish Harami and Bearish Harami — stand out for their reliability in signaling potential reversals.

The term Harami comes from the Japanese word for “pregnant,” reflecting the visual structure of the pattern, where a small candlestick is "contained" within the body of the previous larger candle. Let’s explore what these patterns are, how to identify them, and what they might indicate in real-world trading scenarios.

What is a Harami Pattern?

A Harami pattern is a two-candle formation that signals a potential reversal in the market trend. It consists of:

A large candlestick (either bullish or bearish), followed by

A smaller candlestick that fits entirely within the body of the first candle.

The second candle represents indecision or a potential pause in momentum, suggesting the current trend might be losing strength.

1. Bullish Harami Pattern

Description:

The Bullish Harami appears during a downtrend and may indicate a potential reversal to the upside. It consists of a large bearish candle followed by a smaller bullish candle that is fully contained within the previous candle’s body.

Key Characteristics:

Occurs during a downtrend

First candle: Long bearish (red/black) candle

Second candle: Small bullish (green/white) candle, contained within the body of the first candle

Often suggests buying pressure is emerging after a period of selling

Psychology Behind It:

The initial bearish candle shows strong selling momentum. However, the smaller bullish candle the next day indicates that the sellers are losing control and buyers may be stepping in. This pattern signals caution for bears and a possible trend reversal for bulls.

Trading Strategy:

Wait for confirmation on the next candle (e.g., a bullish breakout or strong green candle).

Combine with other indicators like volume, RSI, or moving averages for higher accuracy.

Set a stop-loss below the pattern’s low for protection.

2. Bearish Harami Pattern

Description:

The Bearish Harami forms during an uptrend and may signal a potential reversal to the downside. It features a strong bullish candle followed by a smaller bearish candle that is completely contained within the previous day’s candle.

Key Characteristics:

Appears in an uptrend

First candle: Large bullish (green/white) candle

Second candle: Small bearish (red/black) candle, inside the body of the first

Indicates buyers may be losing strength, and a reversal could be approaching

Psychology Behind It:

The large bullish candle shows that buyers have been in control. However, the small bearish candle the following day shows hesitation and a potential loss of bullish momentum. This pattern suggests the bulls are weakening, and bears may be preparing to take over.

Trading Strategy:

Look for confirmation with a bearish move on the next candle.

Use additional technical tools (e.g., MACD crossover, resistance zones) for better accuracy.

Consider a stop-loss above the pattern’s high to manage risk.

Tips for Using Harami Patterns Effectively

Do not trade the pattern in isolation. Always look for confirmation and confluence with other tools or indicators.

Use volume analysis — a spike in volume during the second candle can add credibility to the reversal signal.

Timeframe matters — Harami patterns are more reliable on higher timeframes like daily or weekly charts.

Always use proper risk management and avoid over-leveraging based on a single candlestick pattern.

Conclusion:

Bullish and Bearish Harami patterns are valuable tools in a trader’s technical analysis toolbox. While they don’t guarantee a trend reversal, they offer early clues about potential shifts in market sentiment. When used with discipline and in combination with other indicators, Harami patterns can improve your entry and exit timing — making your trades smarter, not harder.

Remember: The key to successful trading lies in pattern recognition, confirmation, and solid risk management.

The crypto market has been a rollercoaster since US started to impose Tariffs and then china came into play.
The war is still going on but the good thing is the market isn't caring much about it. This is what usually happen the market stops reacting when they hear same thing over and over.
Now lets have a look at Bitcoin chart and see what we can get or expect.
BTCUSD (Weekly)
As always starting from the weekly chart

The weekly chart is still in the no man's land. The structure is still break. Holding in between two important zones and i said it in my previous posts that for a swing perspective i only see two situations either price reclaim this broken range or it dump under $70k. I would still say the same as there is nothing changed on the weekly chart.
BTCUSD (Daily)
Looking at the daily chart the chart is still within the downtrend, Price continuously creating lower highs.
As long as we don't see a break and hold above $88,800 nothing will change on the daily chart.
Alright now this is what we have on the chart now lets discuss what i want to see in the market
Something positive on the chart

That fake out on the daily chart and this was also the reason why i shared that $81k long setup on my profile and it was perfectly executed.
Going forward
You may have seen this chart on the internet or maybe you have this same chart.

Almost every next person have this one trendline on their chart. It is called a downtrend line for those who don't know.
As long as price hold below or gets rejection from this trendline, Traders continues to expect downside from that particular pair. Some may have it a little lower or a little higher depending on how they draw it.
Make Them Believe The Bull Market is Back

Right now there are more bears in the market than the bulls. If we see a breakout of this one trendline this will turn the most traders bullish and we will probably see some upside on $BTC
This is something against the sentiments.
A move to $88k or above will change nothing on the chart but it will be enough to make people excited for the bull market.
Continuation To The downside
Like i said the move into $88k or above will change nothing. I think its possible we will get it, The reasons i explained above. Giving it room to squeeze higher than $88k because bear market rallies can give unexpected moves.
This is something i want to see. Over all The weekly chart is bearish, The Daily chart is bearish like we discussed in the start. If this doesn't play out we know the charts are still bearish.
Personally i am looking for short term buys this week. If i see any changes, I will keep you guys updates.
This is it, As long as Bitcoin is under this broken range, I think its wise to have limited upside targets and Wise to keep the risk limited.
If you want to join us read bio.
#PowellRemarks #BTC #technicalanalyst

🔹 Current Price: $1,596
$ETH is trading with slight bullish momentum after recovering from a sharp drop below $1,570 earlier in the session. Price is now pushing toward $1,600 resistance again.
🟢 Bullish Scenario
If ETH breaks above $1,600 convincingly:
• We may see a push to $1,610–$1,620
• A breakout above $1,620 could trigger further upside toward $1,640
⚡ Recent strong bullish candles around 19:00 show growing buyer interest.
🔴 Bearish Scenario
If ETH fails to break $1,600 and stalls:
• Expect a potential pullback to $1,585, then $1,570
• Losing $1,570 could expose ETH to $1,560 and possibly $1,540
🕳️ ETH has struggled to hold gains above $1,600 in recent hours — watch for signs of rejection.
📌 Key Levels to Watch
Resistance: $1,600 • $1,610 • $1,620 • $1,640
Support: $1,585 • $1,570 • $1,560 • $1,540
#Ethereum #SECGuidance #technicalanalyst

#sol #technicalanalyst $SOL
April 16, 2025 – Solana (SOL) is showing signs of consolidation after a historic rally, with traders closely watching key support and resistance levels for the next major move.
Current Market Snapshot (Binance SOL/USDT)
As of April 16, 2025, 05:56 UTC+5, SOL/USDT is trading at $126.13, up a modest +0.02% for the session.
Open: $126.10High: $127.35Low: $125.57Close: $126.13
The price action suggests indecision, with SOL hovering near the day’s opening price.
Key Technical Indicators
1. Moving Averages Signal Bullish Bias
26-period Weighted Moving Average (WMA): $117.2526-period Unknown Smoothing Moving Average (USMA): $122.25
Interpretation:
SOL remains above both moving averages, reinforcing a bullish medium-term trend.A sustained hold above $122.25 (USMA) suggests buyers are still in control.
2. Hilega Milega Indicator (Custom Oscillator)
Latest reading: 54.09 (neutral zone)Previous levels: 53.41, 50.00, 46.04
What This Means:
The indicator is near the midpoint (50), suggesting neither overbought nor oversold conditions.Momentum is balanced, meaning SOL could break in either direction.
3. Critical Support & Resistance Levels
Immediate Resistance: $127.35 (today’s high)Immediate Support: $125.57 (today’s low)Stronger Support: 122.25 (USMA) and 122.25 (USMA) and117.25 (WMA)
A break above 127.35 could signal a push to ward 127.35
could signal a push to ward 130, while a drop below 125.57 may test 125.57 may test 122.25.
Historical Context: From 80 to 300 and Back
SOL has seen a trem endous rally since November 2024, surging from around 80 to nearly 80 to nearly 300 by March 2025. However, the price has since retraced to $126, which aligns with:
A 50% Fibonacci retracement of the Nov-Mar rally.A consolidation zone where traders are reassessing the next move.
Short-Term Price Forecast: 3 Posible Scenarios
1. Bullish Breakout (Target: $130+)
Trigger: A decisive close above $127.35 with strong volume.Next Resistance: 130(psychological level),then 130 (psychological level),then 136.13 (previous high).
2. Bearish Breakdown (Risk of Dip to $122.25)
Trigger: A drop below $125.57 with increasing selling pressure.Next Support: 122.25(USMA),then 122.25(USMA),then 117.25 (WMA).
3. Sideways Consolidation (Range: 125–127.50)
If SOL remains range-bound, traders may wait for a clearer breakout signal.
Trading Strategy: How to Play SOL’s Next Move
For Aggressive Traders:
Buy near 125.50 with a stop−loss below 125.50 withastop−loss below 122.Target $130 or higher if bullish momentum resumes.
For Conservative Traders:
Wait for a confirmed breakout above $127.35 before entering.Alternatively, wait for a pullback to $122.25 for a lower-risk entry.
Final Thoughts
SOL/USDT is at a critical juncture—will it resume its uptrend or see a deeper correction? The 125–127.50 zone is key for determining the next move.
Key Takeaways:
Bullish if SOL holds above 122.25andbreaks122.25and breaks 127.35.
Caution if it drops below $125.57—could signal a deeper pullback.
Stay tuned for updates as the market develops!
Source: TradingView (famousFinance54964), Binance SOL/USDT Chart.
Disclaimer: This is not financial advice. Always conduct your own research before trading.