Will $ETH be able to withdraw liquidity from the April 2025 lows? The chart is in the comments 👇
On the 4-hour timeframe, it’s visible that in the last few days price has been testing a bullish order block that is acting as support. The situation is shaky, because if this level is broken, the price could drop toward the support area formed in April 2025, with a possible retest of the bottom.
You need to closely watch for a potential reversal structure on lower timeframes. Even if a full trend reversal doesn’t happen, price could still give a decent technical bounce.
Which levels are key?
Current support zone: Bullish order block in the range $1535 – $1575, within which price is trading right now.
Global magnet for the bears below: If the current block is broken, it opens a direct path to the support from April 2025 in the range $1385 – $1457 (the lowest green zone with the risk of a bottom update).
Nearest barrier for the bulls: The overhead moving average EMA 50 (~ $1661.31), marked with the red line, located in a bearish order block (~$1660 - $1695)
Resistance above: The blue EMA 200 line (~ $1794.91), running just below the upper bearish order block.
Update on $SOL First signs of strength. Start of a reversal or a bull trap?
After a cascade of liquidity removal, SOL buyers showed the first signs of strength, reversing the trend on the local timeframe, while forming support in the short-term trend area (~$65.6 - $67.1)
Before continuing the rise, the price may well test the support level mentioned above, and buyers need to hold this level; otherwise, the entire move upward will turn into a bull trap, followed by a reset of the lower-level lows.
Buyers have managed to break the structure higher on a local basis, but the local resistance around the short-term trendline and the EMA50 for the third day in a row shows just how weak the bulls look right now.
The price impulsively reached the EMA 50 level (~$60,622), but the bulls couldn’t hold above it— the current hourly candle is closing with a bearish engulfing, turning the entire rebound into another round of shaving long positions.
Local support zone: The lower green order block in the range of $58,250 – $59,000 is holding the price back from going to new lows.
For any real growth, it’s crucial for the bulls to break the trendline and establish a hold above the EMA50, while the price remains below it and the trend is still bearish. If the break holds successfully, the next target is the higher bearish order block: the consolidation zone in the range of $61,250 – $61,950.
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$ETH Update: Buyers are stuck in the trend. Will there be another dump?
On the 1H chart TF, after the bounce, buyers again received a pullback from the bearish trend line—this is also where the previous price dump began.
As long as the established local support holds, the breakout could send the price to test the order block where yesterday’s price was able to reverse from.
Let’s review the key levels:
Local support zone: The green order block in the range of $1612 – $1631, where the price is consolidating right now.
If the current support doesn’t hold, the price will move to test the strong bullish order block near yesterday’s reversal low — $1549 – $1570 (the lower green zone).
Nearest resistance for bulls: The 50 EMA (~ $1649.78), which is currently tightly compressed against the aforementioned bearish trend line.
Strong resistance level above: The 200 EMA zone (~ $1693.52) and the bearish order block around $1679 – $1693 (red zone, from where the drop started).
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After yesterday's bloody bath, buyers managed to execute a technical bounce and form local support. As seen on the hourly candlestick chart, the price has come to test the ema50 and almost reached the short trend line. If buyers can break through this zone, it opens the path for testing local resistance where ema200 is located.
What are the key levels?
Local support zone: The formed green order block below in the range of $60,600 – $61,100. If support doesn't hold, the price may go for liquidity below yesterday's low.
Nearest resistance for the bulls: The EMA 50 (~ $61,884) and the short trend line (red line) just above it. The bearish order block and EMA 200 (~ $63,201), which lies right inside the bearish order block (red resistance zone around $62,800 – $63,250).
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Locally, on the hourly timeframe, buyers couldn't hold above the EMA 50. As a result, the price predictably corrected and retested the support zone from which the reversal occurred yesterday. While the price is stuck below the moving averages — the global trend is looking bearish.
Where might the fall stop and what are the key levels?
Local support zone: around $1630 – $1645 where the price is currently trading. The main magnet for bears below: If the current support gets breached by the body of an hourly candlestick, a direct path opens up to a deeper and stronger bullish order block (the lower green zone on the screen around $1602 – $1624).
The nearest resistance for bulls is the EMA 50 (around $1680.97). Above that is the EMA 200 (around $1709.71). Bearish order block (around $1723 - $1736). If you got the levels — hit like and subscribe to not miss the next update.
Update on $SOL The reversal attempt has stalled. Are we waiting for the final dump?
On the hourly timeframe, after the recent plunge, buyers tried to push the price up, but ultimately returned to retest support ($68.6 - $69.25).
What to expect from the current structure and what targets are relevant:
The main magnet below: Liquidity lurking beneath the low from June 14 (below $67.00). There are massive liquidation shelves for the bulls down there, and the market maker is definitely looking to scoop them up. Keep a close eye on the break of the current local support.
Any bounce attempts right now will run into the overhead moving averages EMA 50 (~ $70.38) and EMA 200 (~ $71.06). As long as we’re under these, the trend is short.
Strong seller zone above: There’s a key bearish order block located around $72.25 – $75.7, from where the recent strong price dump began. If you caught the levels — hit like and subscribe so you don’t miss the next update
Since yesterday, the market has been in a boring consolidation phase. On the hourly candlestick chart, buyers have formed a local support zone (~$62070 - $62440). Breaking this zone could impulsively drop the price lower to test a deeper bullish order block (the lower green zone on the screen around $60,700 – $61,550).
It's crucial for the bulls to hold above the body of the candle over the EMA 50 (the red line around ~$63,085). Breaking the EMA 50 opens a direct path to the bearish order block (the red resistance zone around $63,850 – $64,250), just below which the EMA 200 is currently located (the blue line at ~$63,759). If you grabbed these levels — hit like and subscribe so you don’t miss the next update
On the 4-hour chart, it’s clear that after breaking through the short-term trendline (which extended from the high on May 11), buyers have struggled to hold above it. The strongest barrier has been the resistance zone where the EMA 50 (~ $201.63) sits; from there, we saw a price drop as liquidity was collected at the low from June 10.
How far could the decline continue and what are the targets?
If buyers can't reverse the price upwards, a retest of the broken short-term trendline area (~$178) looks like the priority move. The nearest resistance is the aforementioned order block with EMA 50 (~$201-$205). If the bulls can break through the local resistance, a path opens to a strong bearish order block (~$224.5 - $234.8).
$DEXE Liquidity was pulled from the high on June 3rd, what's next?
On the 4-hour chart, we can see that this morning the price impulsively broke through the short trendline and tested the bearish order block, clearing liquidity above the June 3rd high.
Currently, the order block is still acting as local resistance, what options do we have?
(Counter-trend short): The idea of shorting from the current levels is valid, but strictly with a stop above today's high at around ~$25.20. Remember, this is at your own risk, as breaking this zone could send the price soaring to new all-time highs! (Correction and targets below): If the price does go for a correction, the target will be to retest the broken trendline around ~$20.60. If the trendline breaks, the moving averages EMA 50 (red) and EMA 200 (blue) will act as support for the bulls, which have converged into a cluster around $17.20 – $17.60.
On the 4-hour timeframe, we can see that after several failed attempts to break the short trendline, where the ema200 (~$0.08236) also lies, buyers have run out of steam and the price is headed for a correction.
After a typical pullback, the price is now testing the long trendline from the low of June 10 and a key junction:
(Holding support): If buyers defend the trendline, we could see a technical bounce back up towards the EMA 50 (red line around ~$0.07862). Breaking the moving average opens up a pathway for testing the ema200 again. (Dipping below): If the trendline fails to hold, the price will dive to grab stops in the broad bullish order block (green support zone below around $0.07320 – $0.07640). Breaking this support clears the way for liquidity grab below the lows from June 5 and June 10.
SPCX Situation Yesterday's forecast played out perfectly!
As seen on the 1-hour candlestick chart, the price gathered all liquidity clusters and came right to test the short trendline from the June 16 high.
Currently, buyers have managed to form a local support zone ($147-$150 below the trendline) and reverse the price in a technical bounce. How strong could this be?
If we pull up the Fibonacci grid, it's clear that the 0.618 zone ($159.01) has already been tested by the wick of the candle. It's crucial for the bulls to hold above this level because beyond it opens the path to test the ema50 around ~$164, with the 0.5 zone ($162.76) nearby the moving average. For now, the price is fluctuating around levels $SPCX . If you grabbed those levels—hit like and subscribe so you don’t miss the next update
For ETH, just like BTC, the 4-hour chart is looking similar, a bull trap from the market maker when breaking out of the triangle upwards, followed by a dump and a breakdown out of the pattern.
On the 4-hour chart, we had a full test of the bullish order block which has temporarily halted the drop. Notably, on the 2-hour chart, we didn't reach support ($1602 - $1630), so we need to be ready for another potential dip down.
For now, we’re watching how strong the technical bounce will be; I’d like to see a test of the broken trendline and EMA50 (~$1720)
$BTC Update: Yesterday's breakout from the triangle turned out to be a trap for the bulls.
Looking at the 4h timeframe, the bears not only pushed the price back below the short trendline but also broke out of the pattern downwards, while collecting liquidity below the low of June 18 (dipping below $62,000).
The question is whether this will turn out to be yet another trap, but this time for the bears? Let's see how far they can bounce back after such a shave.
The nearest zone for testing (Resistance): A return to the broken trendline and the level of $62,800 – $63,200. The EMA 50 line, which is around $64,030 (marked with a red line). Global support below: If the bounce fails, the drop will continue towards the lower major bullish order block (green zone on the chart) around $60,000 – $60,600. If you’ve taken the levels — hit like and subscribe so you don’t miss the next update
$SOL Now let's see if they're gonna take out the lows or if we'll get a solid bounce?
DedMaksym
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$SOL Update: New breakout or expected pullback?
On the hourly candlestick chart, buyers have been chopping through the bearish order block since yesterday, acting as resistance. While the trend remains bullish, a full test and breakout above $75.50 – $76.50 (marked with a check) could very well happen.
But what's next? Keep in mind that there are large liquidity pools below that the market makers will likely want to snag, so it's crucial to watch the targets around $67 closely. Any correction that begins could be the perfect opportunity for a long squeeze.
Nearest support: The area around the blue EMA 200 line (~ $71.50, marked with a blue cross). A strong bullish order block (lower green zone) around $67.00 should be monitored closely (marked with a lower cross).
After such a massive pump, a pullback is always on the horizon. Looking at the weekly TF candlestick chart, the price has hit the first significant resistance level that the bears will defend (around $0.28 - $0.38).
Any shorts against the uptrend carry increased risk, but the order block on the weekly is definitely not something the bulls will easily overcome. You can check out the more detailed info in the screenshot below
$BEL Don't short, guys, you still need to be there for your moms!
But seriously, looking at the daily candlestick chart, the price hasn't even reached the first order block yet (level $0.265 - $0.305). I think trying to short too early could just fuel the upward movement.
In any case, for anyone who decides to short this, the levels are visible in the screenshot below 👇
If you check the hourly chart, you'll see that after a long period of sideways movement, there was a sharp liquidity grab by the bulls.
Where can we fall to? As shown in the screenshot, the price is testing the bullish order block (green support zone around $165.00 – $170.00). If this support doesn't hold, we will test the bearish trendline (red line around $160.00). Breaking through that will give the bears a clear path to liquidate positions at the low from June 12.
On the hourly candlestick chart, buyers have been chopping through the bearish order block since yesterday, acting as resistance. While the trend remains bullish, a full test and breakout above $75.50 – $76.50 (marked with a check) could very well happen.
But what's next? Keep in mind that there are large liquidity pools below that the market makers will likely want to snag, so it's crucial to watch the targets around $67 closely. Any correction that begins could be the perfect opportunity for a long squeeze.
Nearest support: The area around the blue EMA 200 line (~ $71.50, marked with a blue cross). A strong bullish order block (lower green zone) around $67.00 should be monitored closely (marked with a lower cross).