$BTC /USDT long Trade signal 🟢 🚦 STRONG BULLISH REVERSAL IN PLAY 🚀
Bitcoin is gearing up for another upside move as it defends the 117,500 support zone and builds momentum. A breakout above the 118,000 resistance can accelerate the push toward higher targets, signaling bulls are regaining strong control.
🔹 Trade Setup (Long)
Entry Zone: 117,550 – 117,700
Take Profit 1: 118,200
Take Profit 2: 118,600
Take Profit 3: 119,100
Stop Loss: 117,185
🔹 Market Outlook Momentum is shifting bullish with solid defense at local supports. If buyers maintain pressure above 117,500, we could see continuation toward the 119k zone. A clean reclaim above 118,000 will confirm the breakout strength.
$SOL /USDT short trade signal 🛑 🚦 BEARS TAKE CONTROL AFTER REJECTION 🔻
Solana faced a sharp rejection near 189–190 resistance and is now breaking below the short-term support trendline. Sellers are stepping in aggressively, signaling a bearish continuation setup with more downside likely if 186 fails to hold.
🔹 Trade Setup (Short)
Entry Zone: 186.6 – 187.2
Take Profit 1: 185.00
Take Profit 2: 184.20
Take Profit 3: 183.50
Stop Loss: 189.30
🔹 Market Outlook Momentum is clearly shifting bearish as price rejects the overhead resistance and breaks trend support. Unless bulls reclaim 189+, SOL remains vulnerable to deeper pullbacks toward the 183–184 zone.
$DOGE /USDT short trade signal 🚦 🛑 BEARISH REVERSAL AFTER STRONG REJECTION 🔻
Dogecoin faced a heavy rejection near 0.234–0.237 resistance and immediately dropped back under pressure. This sharp rejection signals bearish momentum, with sellers likely to push price toward lower supports if bulls fail to reclaim control above 0.234.
🔹 Trade Setup (Short)
Entry Zone: 0.2320 – 0.2340
Take Profit 1: 0.2290
Take Profit 2: 0.2268
Take Profit 3: 0.2235
Stop Loss: 0.2375
🔹 Market Outlook Momentum has flipped bearish as DOGE struggles to hold above the resistance barrier. Unless buyers reclaim 0.235+, the pair is vulnerable to further downside, potentially testing the 0.223–0.224 zone in the coming hours.
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$BTC Everyone is turning very bullish, which is not good for the crypto market. With the upcoming bloody September, we have a strong confluence to sell Bitcoin with the current price of 63,800. Why are Bitcoin and whole crypto in a bear market? On the chart, we can see that the price is printing lower lows and lower highs, which is by definition a downtrend. It has been like this since March 2024, and nothing has changed since then. We can see that the price is inside this descending parallel channel on the daily chart. There are no signs of strength in higher timeframes! Bulls didn't prove their strength yet, so to me it looks like a bull trap, and we will see a 30% crash!
From the Elliott Wave perspective, we have an ABC correction so far, and it's too early to tell if this will turn into an impulse wave or not, but right now this is a corrective structure. The problem is that everyone is turning bullish again; everyone sees a huge bull market, but usually the market does the opposite.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.