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$ETH/USDT – Falling Wedge Breakout in Play! Ethereum has officially broken out of a falling wedge pattern. After nearly three months of descending consolidation, the price has finally broken above the wedge, reaching a key resistance zone. Key Observations: ETH broke out near the $1,600 level. Currently trading around $1,748 (-2.65% daily change). Price is testing the first resistance zone between $1,800 and $1,820. Support now lies around the breakout area near $1,660. Technical Outlook: The breakout is valid, but a short-term pullback remains possible. A daily close above $1,800 could open the door to the next major resistance near $2,200. If $1,660 fails to hold as support, we may see a deeper correction. Conclusion: Ethereum is showing early signs of a potential trend reversal. If Bitcoin remains stable, ETH could maintain its upward momentum. Keep a close eye on the $1,800 zone for confirmation of further upside. #Ethereum #CryptoAnalysisUpdate #FallingWedge #TechnicalBreakout #BinanceSquare $ETH
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In my ongoing analysis of BTC’s falling wedge breakout, we have now seen Target 1 ($90K) and Target 2 ($94K) being reached successfully. Today’s chart shows BTC touched the $94,000+ zone before facing resistance rejection. Price is now trading around $92,562, showing a minor pullback of -1.20%. Chart Update: BTC rallied over 13.12% in 3 days from the breakout zone Touched projected resistance and now pulling back Currently sitting near the top of the previous breakout range Current View: This could be a healthy retest of the breakout zone or a temporary pullback before continuation. As long as BTC stays above $89K–$90K, the bullish structure remains intact. No changes in targets at this point — I’ll continue to monitor the move and update if structure shifts. Let’s stay patient and focused. #Bitcoin #BTCAnalysis #BinanceSquare #BinanceSquare #PriceAction $BTC $ETH $XRP
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In my ongoing series of BTC analysis since the falling wedge breakout, we’ve now seen both Target 1 ($90K) and Target 2 ($94K) get tagged or nearly hit. As of today, BTC is trading around $93,664, holding above previous resistance which has now turned into support. This marks a 12.9% gain in just 2 days from the last consolidation zone — a strong move confirming bullish momentum. Target Progress Recap (from April wedge breakout post): ✅ Target 1 ($90,000): Achieved ✅ Target 2 ($94,000): Reached/Tagged today ⏳ Target 3 ($98,500 – $100,000): Still valid & in progress Chart Notes: The falling wedge breakout has played out beautifully Price is maintaining higher highs & strong candle closes Momentum remains intact above $92,000 zone Next Update: No new targets will be added until further confirmation. I’ll continue tracking the trend step by step as it unfolds. Let’s stay focused and disciplined. #BTC #CryptoUpdates #BitcoinBreakout #BinanceSquare #TechnicalAnalysis $BTC $ETH $XRP
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In my first post, I shared a falling wedge breakout on BTC’s daily chart. In the second update, BTC had confirmed the breakout with strong price action, holding above the $84K–$86K zone. I had marked three potential targets based on the pattern and market structure: Previous Targets: ✅ Target 1: $90,000 – HIT ✅ Target 2: $94,000 – Almost reached (currently hovering just below) ⏳ Target 3: $98,500 – $100,000 – Still active As of now, BTC is trading at $90,802, up over 9% in the last 7 days. Price has cleared the previous resistance zone and is now holding above it — a very bullish sign. What’s Next? Until the trend structure changes, I’m not updating targets yet. I’ll wait for confirmation before sharing the next move. Follow for more updates as this setup unfolds. #Bitcoin #CryptoAnalysis #BinanceSquare #BTCBreakout #PriceAction $BTC $ETH
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