#Crypto Technical analyses ✍️- trading IDEAS 📈 | 🏂| Not a financial advice❗️ -Twitter: @CryptoJobs3- 🎯 My charts should help you for your own trading! 💎
Weekly trend remains bullish, strong uptrend in play! 📈 However, in the short term, we’re facing a key $120,000 resistance and a minor bearish correction could occur soon.
🔹Next up, a test of the $110,600; $110,700 zone is likely. As long as price consolidates above, bulls keep control. 🔹If bears break $110,500, correction could extend toward $104,000–$106,000.
In summary: 🔸Very bullish HTF 🔸Short-term: likely sideways/consolidation before a new ATH attempt 🔸Daily resistance: $118,100 to break Possible retest: $110,000 🔸Daily close above $120,000 needed to confirm the next big move!
BTC Dominance: #BTC.D hit a major weekly support but stays neutral overall, with no strong bullish pressure yet.On the daily, BTC.D remains bearish and could continue dumping toward the 57%–56% zone.➡️ If dominance keeps falling and $BTC BTC holds steady, it’s a classic recipe for a strong #alts surge!
Stay patient; don’t get shaken out! And don't forget to Like! 👍
Exactly as predicted: #BTC.D made a clean bearish breakout from 61% down to 58%, and #alts are popping off! 🔥
But this is just the beginning. If my playbook unfolds, Dominance could keep dropping toward the major 54-55% support. Get ready for even more liquidity flowing into #altcoins —> this could last days, maybe even weeks! 🚀
Set your alerts on the daily downtrend and the 61% resistance-these are the key levels to watch!
✅PS: Congrats if you took $ENA & $COW +20% move already
Price action could stay sideways for a few more days here before we see the next big move, most likely upward, in line with the ongoing HTF trend. [No short term price direction]
Notably, many #alts are right on support as well, and with #BTC.D possibly dumping further toward the 56% area, if $BTC stabilizes, #altcoins could be set to fly again! 📈
If that level breaks, I’ll have to cut with a big loss 🥵. Being transparent, holding a bad position for days can be tough, but I accept my losses. That’s part of the #crypto journey. :/
The market can move fast both ways, but since the beginning, this key demand zone has been on my radar.