#WriteToEarn Weekly Technical Outlook for BTC, ETH & BNB
As the crypto market navigates through consolidation phases, let's delve into the technical setups and short-term forecasts for Bitcoin, Ethereum, and BNB.
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1. Bitcoin ($BTC) – Trading at ~$84,600
BTC is forming a bullish ascending triangle on the 4-hour chart, with resistance at $87,000 and support at $82,000.
RSI: Hovering around 58, indicating potential for upward movement.
EMA: Price remains above both 50 and 200 EMA, supporting a bullish trend.
Short-Term Target: A breakout above $87K could propel BTC towards $90K–$92K.
Risk Zone: A drop below $80K may invalidate the bullish setup.
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2. Ethereum ($ETH) – Trading at ~$1,580
ETH is consolidating above $1,550, forming a symmetrical triangle on the daily chart.
MACD: Slight bullish crossover suggests potential upward momentum.
Volume: Decreasing, indicating a possible breakout ahead.
Short-Term Target: A successful breakout could see ETH reaching $1,650–$1,700.
Support to Watch: A decline below $1,500 may lead to further downside.
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3. BNB – Trading around $580
BNB has broken above a descending trendline from March, with the next resistance at $600.
RSI: Trending higher, currently around 61.
Chart Pattern: Breakout from a falling wedge pattern.
Short-Term Target: Potential move towards $615–$640.
Key Support: Maintaining above $550 is crucial for continued bullish momentum.
Final Thoughts:
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Which asset are you focusing on this week—BTC, ETH, or BNB?
#ETH $BTC $ETH $BNB #TechnicalAnalysisGuide #CryptoInsights2025 #BinanceFeed
