š First note over the course of two months and the range 102397 - 105360 is the one holding Bitcoin
š Second note since breaking the range 96970 - 99533 it has not been retested
š Third note the current structure is positive and it lacks news to support it + liquidity
š¼ The target for Bitcoin remains to achieve a rise between 117604 - 129281
ā First idea if Bitcoin cannot regain trading above 105360 it means it lacks momentum and liquidity and the nearest range is between 102397 to 99533 with many buy orders + stop losses for many trades
ā Second idea Bitcoin breaks above 105360 and this is the first signal and the follow-up will be if this breakout will allow it to reach 109590
š Things are positive so far but most losses are coming from futures contracts due to overexaggeration in trade volumes this matter requires attention - any pressure in the market is harmful to alternative currencies and we will have a separate analysis for them apart from Bitcoin
š Through this model, we are looking for an entry within the liquidity range formed after the breakout above 11 ā Entry points will be divided into two orders, the first at 11.2 and the second at 10.825 āļø This is the main support range for the currency to maintain a positive structure, caution should be exercised with a break below 10.5
š¼ The main target for this model is to achieve a rise towards 12.00 and up to 13.00 šØ The model fails with a break below 10.391 and is considered distant, so you should do a proper calculation for your trade size before entering and use this analysis
š This path is considered positive after completing 5 upward waves and receiving a three-part correction ABC within the required levels ā Entry points for this currency: current price 0.940 and at 0.80 āļø This is the essential support range for the currency to maintain a positive structure; caution should be taken if it breaks below 0.719
š¼ The primary target for this model is to achieve an upward movement towards the selling range at the beginning of 2025 at 2.0 - 2.80, with the first target we can consider being 1.25
šØ The model fails if it breaks below 0.573 and is considered distant, so you should perform a correct calculation of your trade size before entering and use this analysis
ā° Tonight, the US Federal Reserve will meet regarding the interest rate, and there is a consensus not to lower it.
āļø The markets are betting that there will be at least two rate cuts before 2026.
š The markets are almost expecting that there will be no change in the interest rate today.
š Of course, like every time, Powell's speech after the decision is issued is the focus of attention, but every time he repeats the same words and provides no new information. However, following his speech is important as he might give a hint, especially since inflation is continuously decreasing in the United States.
āļø The decision will be at 21:00 Lebanon/Saudi Arabia time.
āļø The speech will be directly after half an hour at 21:30.
š This scenario is likely to activate if the currency breaks below 334.29 ā Entry points for this currency: 285.85 and at 251.62 āļø This is the main support range for the movement occurring from 166.49 to 489.36
š¼ The main target for this model is to achieve an upward movement towards the range of 556 - 667
šØ The model fails if it breaks below 166.49 and is considered far, so you need to do a proper calculation of your trade size before entering and use this analysis
š Note that wave C may end at the limits of 334.29, and if the break occurs, restoring the upward path requires a breakout above 443.27, this is to make the idea complete with you
š I will give you the key points for this price chart
š“ Of course, the security and political issues happening in the Middle East create concerns for traders and investors, and we are not political analysts; rather, we analyze currencies and charts and monitor liquidity movements.
š The key levels to pay attention to regarding the movement of Bitcoin are as follows:
š¢ The most significant and largest support range with liquidity and buying orders between 100370 to 97865.
š The closest support for the price movement on the daily is 102734 - 102379; this range is likely to be tested if the daily movement breaks below 104544.
š“ The most important resistance is 107900 - 108366. š The key to the rise and testing of this resistance requires a breakout above 105676 to 106947.
ā ā For trading, you can rely on these levels and plot them on your chart, using the timeframe that suits you.
ā Entry points in the currency: at the current price 15.15 and the reinforcement should be within the range of 14.437 - 13.485
š“ The stop-loss is at a break below 10.10
š¹ Potential targets: First target 17.63 and if the currency enters a bullish wave, the target will be towards 20.10 reaching up to 24.24
š The profit-to-loss ratio is 2.77:1
š This idea was built based on Elliott Waves analysis, especially after the rebound from 10.10 and obtaining a support range between 13.485 - 12.596, and this is an indication that a wave 2/B has been built, and the currency is now preparing for an upward movement in a bullish wave 3/C within the same targets mentioned above
ā¤ļø Good luck to everyone - Do not enter any currency before studying the risk ratio you will take
ā The entry method will be at the current price of 22.15 and reinforcement between 19.8 - 18.4
āļø The stop-loss will be if it breaks below 14.65
š¹ The initial profit-taking will be at the levels of 26.8 - 28.6 and if the currency enters a bullish wave, the target will be towards 33.50 reaching up to 41.95
š The profit-to-loss ratio is 4:1
š The AVAX coin and network are among the most important and prominent, and we notice accumulation and gradual liquidity entering the currency within the range of 22 - 18, forming an important support zone, and if it stabilizes, there will be a respectable and significant rise for the currency. Additionally, the currency has not moved significantly this year yet.
š Even if you have some, you might consider studying the amount you have invested and increasing the quantity
šµ Entry should be from the current price of 2.463 and reinforcement if the currency corrects between 2.169 - 1.855, which is considered the target range of the D leg of the harmonic pattern formed here
š¼ The targets of the model are: 3.166 - 4.743 - 5.828
šØ The stop loss and failure of this model occurs if a break happens below 1.600
š Calculate the loss before entering āļø and this currency is for spot entry only
ā The entry method will be at the current price of 2.20 and an increase between 2.13 - 2.00
āļø The stop loss will be broken at 1.8 on the daily frame
š¹ The initial profit-taking will be around the level of 2.40, and if the currency enters a bullish wave, the target will be towards 2.80 reaching up to 3.60
š The profit to loss ratio is 4:1
š Many news are coming for the XRP currency, especially from American investment funds, in addition to the large liquidity coming from the whales, and the accumulation happening is very important to maintain stability above 1.80 - 2.00 to be a positive driver for the currency
š Even if you already have some, you might study the amount you are holding and consider increasing the quantity
ā The entry method will be when there is a daily close above 50.0 with actual movement on the 4H - 1H range above 50.0
āļø The stop loss will be a break below 35.48
š¹ The initial profit taking will be at around the 60.0 level, and if the currency enters a bullish wave, the target will be towards the range of 75.0 - 90.0
š The profit to loss ratio is 4:1
š This analysis is based on Elliott Wave analysis and relies on the bounce occurring from 35.48, and through Fractal analysis, we can see the potential path, especially if the conditions are met without breaking 35.48 and maintaining above 50.0
š Even if you have some, you might consider studying the amount you have and increasing the quantity
ā The entry range for buying the currency is divided into two parts from the current price at 0.17 and at the price of 0.157
āļø The stop loss will be at a break below 0.12488
š¹ The initial profit taking will be at the level of 0.213, and if the currency enters a bullish wave, the target will be around 0.250 - 0.288 reaching up to 0.340
š The profit-to-loss ratio is 4.5:1
š This analysis is based on Elliott Wave analysis and based on the rebound from 0.12488, it seems that the first wave has formed, and we consider it Wave 1. We have an ABC correction for it, which we consider Wave 2, and we are in accumulation before entering a bullish wave, provided we maintain the bottom from which the rebound occurred.
š Even if you have some, you can study the amount you have allocated and increase the quantity
ā We previously mentioned that the correction range is between 105360 to 102397
āļø Until now, this range is stable and we have the monthly close tonight and the beginning of the second half of 2025, and there is always concern among many as we enter June due to the potential for a downturn
š Fear is increasing among many traders for several reasons. First, alternative currencies have not achieved a good rise and have only seen some minor percentages, not even recovering half of the path they were on at the peaks of December 2024 š The second concern is fears of a deeper correction for Bitcoin and what it may cause in pulling liquidity from currencies and harming them further
šŖ Bitcoin's dominance continues to rise with Bitcoin's decline, creating continuous and ongoing pressure since the beginning of this year
š We are taking it step by step; currently, we are at an important support and liquidity range on the daily ā If we lose 102397 on the daily frame, this may open a path for a decline towards 99533 - 96970 to gather liquidity before resuming the rise towards the targets of wave 5
ā The entry range for buying the currency is divided into two parts from the current price at 0.791 and at the price of 0.676
āļø The stop loss will be broken at 0.545
š¹ Take profit will be at the most prominent range, which was the selling pressure at the beginning of 2025, between 1.11 - 1.315
š The profit to loss ratio is 3.3:1
š This analysis is based on the accumulation occurring in the currency within a sideways movement and the liquidity entering it. Moving above 0.85 will be the key for the currency to rise towards the set target.
š Even if you already have some, you might consider examining the amount you have invested and increasing the quantity.
ā The model is positive so far for the currency and it is for accumulation between 0.0283 - 0.2450
šØ It is important for the currency to remain above 0.01771 and the first negative signal if it breaks below 0.02175
š¼ The target of the model is towards 0.037 to 0.045, which corresponds to the selling candle at the beginning of 2025
š This analysis is based on Elliott Waves analysis and is based on the last bottom formed at 0.01771 and we have not set unrealistic targets for the currency
ā The entry range for buying the currency is divided into two parts from the current price at 4.560 and at the price of 4.15
āļø The stop-loss will be breached at 3.250
š¹ The profit taking will be at the limits of 5.28 and within the range of 6.15 - 7.15 if the currency enters a bullish wave, and this range is considered the most important resistance on the daily timeframe
š The profit-to-loss ratio is 2.7:1
š This analysis is based on the Harmonic pattern formed, especially after exiting the negative movement that started in December 2024, and this pattern fails if it breaks the X point where the reversal began at 3.250
š Even if you have some, you might consider studying the amount you have and increasing the quantity
ā The entry range for buying the currency is to split it into two parts from the current price at 2.650 and at a price of 2.249
āļø The stop-loss will be if it breaks below 1.943
š¹ The profit-taking should be at around 3.1 and within the range of 3.89 - 4.5 if the currency enters a bullish wave, and this range is considered the most important resistance on the daily timeframe
š The profit-to-loss ratio is 3.5:1
š This analysis is based on the Elliott Wave analysis method on the daily timeframe, and we have a potential formation of an ABC model with the completion of wave A, and the currency is currently within a corrective wave B before making an upward move in wave C above the peak reached at A
š Even if you have some of it, you might consider studying the amount you have invested and increasing the quantity
Optimistic about the possibility of a historic peak in Ethereum. The currency hasn't moved significantly, but when it does, it will be a big move.
Everyone is anticipating a significant rise in alternative currencies, especially after Bitcoin achieved a new historical peak.
However, for us to see a strong movement in the altcoin market, currency $ETH needs to lead because it is considered the second most important currency after Bitcoin.
An increase in Ethereum above 2700 will open the door to reach and test the $3000 level, which is one of the most notable levels on the daily and weekly charts, and it is even considered a psychological level for traders.
The movement happening in the market is somewhat normal; liquidity and funds are with Bitcoin, and when the funds are released, they will move to the heavyweight currencies, with Ethereum being the first.
š My thinking is as follows, especially after a week of limited sideways movement.
ā The selling plan as a speculative trade if a test occurs towards 107180, with a stop loss at 110200 and the target being around the range of 104100 - 103000.
ā The buying plan if it drops before hitting 107180 will be to enter through three stages: 104100, 103000, and 101667, with the last request being the most important for me. The stop loss should preferably be set with a break below 100000 because it is a psychological and moral level for the market.
šØ Calculate the loss before entering any trade; this is the idea I have regarding Bitcoin.
ā The entry range for buying the currency is divided into two parts from the current price of 4.93 and a request at 4.75
āļø The stop loss will be a break below 4.588
š¹ The profit taking will be around the range of 5.36 to 5.50, and if the currency enters a higher wave, its target will be towards the level of 6.0+
š The risk-to-reward ratio is 4:1
š This analysis is based on Harmonic analysis, and we note that the correction is considered good compared to the rise that occurred from point X to point A, and this formed pattern is considered positive as long as it maintains the bottom at point X, otherwise there will be a drop to 4.0