User-devlita
Open Trade
BNB Holder
Occasional Trader
3.4 Years
Not an expert, just a passionate trader continuously improving my skills in technical analysis and chart reading. Sharing my journey, insights, and learnings to
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Bitcoin $BTC (BTC) has recently experienced a significant decline, falling below the critical $90,000 support level. As of February 26, 2025,$BTC BTC is trading at approximately $88,440, reflecting a 6.1% decrease from the previous close.
Key Factors Contributing to the Decline:
Economic Uncertainty and Tariff Concerns: Recent announcements of new tariffs by President Trump have heightened economic uncertainty, leading investors to shift away from riskier assets, including cryptocurrencies.
Major Security Breach: A significant hack on the Bybit exchange resulted in the theft of $1.5 billion worth of Ethereum. This event has undermined investor confidence in the security of cryptocurrency platforms.
ETF Outflows: Cryptocurrency exchange-traded funds have seen substantial outflows, with $544 million withdrawn last week. This trend indicates a broader retreat by institutional investors from the crypto market.
Analyst Perspectives:
Geoffrey Kendrick, Standard Chartered: Kendrick advises caution, stating, "Do not buy the dip yet," suggesting potential for further declines before stabilization.
Bernstein Analysts: Despite the downturn, Bernstein maintains a long-term bullish outlook, reiterating a $200,000 target for Bitcoin and viewing the current correction as a potential buying opportunity.
Technical Analysis:
The breach of the $90,000 support level is a critical technical event. Analysts warn that if Bitcoin fails to hold above the next support at $85,000, it could risk a further decline toward $81,000.
Conclusion:
The recent drop in $BTC
a combination of macroeconomic factors, security concerns, and market dynamics. Traders and investors are advised to exercise caution, closely monitor market developments, and consider both technical indicators and broader economic signals before making investment decisions.
#BitcoinTrends
#bitcoin
#cryptotrends2025
Key Factors Contributing to the Decline:
Economic Uncertainty and Tariff Concerns: Recent announcements of new tariffs by President Trump have heightened economic uncertainty, leading investors to shift away from riskier assets, including cryptocurrencies.
Major Security Breach: A significant hack on the Bybit exchange resulted in the theft of $1.5 billion worth of Ethereum. This event has undermined investor confidence in the security of cryptocurrency platforms.
ETF Outflows: Cryptocurrency exchange-traded funds have seen substantial outflows, with $544 million withdrawn last week. This trend indicates a broader retreat by institutional investors from the crypto market.
Analyst Perspectives:
Geoffrey Kendrick, Standard Chartered: Kendrick advises caution, stating, "Do not buy the dip yet," suggesting potential for further declines before stabilization.
Bernstein Analysts: Despite the downturn, Bernstein maintains a long-term bullish outlook, reiterating a $200,000 target for Bitcoin and viewing the current correction as a potential buying opportunity.
Technical Analysis:
The breach of the $90,000 support level is a critical technical event. Analysts warn that if Bitcoin fails to hold above the next support at $85,000, it could risk a further decline toward $81,000.
Conclusion:
The recent drop in $BTC
a combination of macroeconomic factors, security concerns, and market dynamics. Traders and investors are advised to exercise caution, closely monitor market developments, and consider both technical indicators and broader economic signals before making investment decisions.
#BitcoinTrends
#bitcoin
#cryptotrends2025
Solana $SOL (SOL) Facing Key Resistance Levels: Technical Outlook
Solana $SOL (SOL) is currently trading around $195, encountering strong resistance at this level. If it successfully breaks above $195, the next key resistance stands at $198. A clean breakout above $198 could push the price towards the major resistance at $209, which was a recent high.
Technical Analysis
Support Levels: $189 – $188
Resistance Levels: $195 → $198 → $209
Moving Averages:
MA(7): $192.86 (near current price)
MA(25): $193.94 (recently tested)
MA(99): $198.17 (key resistance)
RSI (21): 51.38, indicating a neutral stance, not yet overbought or oversold.
Market Sentiment & Trading Strategy
The market remains volatile, with price action moving within a descending channel.
A break above $198 may trigger bullish momentum, targeting $209.
However, failure to break above $195–$198 could result in a pullback towards $189.
Volume is relatively stable, but watch for a spike in buying pressure for confirmation.
Final Thoughts
Solana's $SOL
price action suggests a breakout is possible, but traders should exercise caution due to the volatile nature of the crypto market. Risk management is crucial—setting stop-loss levels and monitoring volume trends can help navigate the uncertainty.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
Solana $SOL (SOL) is currently trading around $195, encountering strong resistance at this level. If it successfully breaks above $195, the next key resistance stands at $198. A clean breakout above $198 could push the price towards the major resistance at $209, which was a recent high.
Technical Analysis
Support Levels: $189 – $188
Resistance Levels: $195 → $198 → $209
Moving Averages:
MA(7): $192.86 (near current price)
MA(25): $193.94 (recently tested)
MA(99): $198.17 (key resistance)
RSI (21): 51.38, indicating a neutral stance, not yet overbought or oversold.
Market Sentiment & Trading Strategy
The market remains volatile, with price action moving within a descending channel.
A break above $198 may trigger bullish momentum, targeting $209.
However, failure to break above $195–$198 could result in a pullback towards $189.
Volume is relatively stable, but watch for a spike in buying pressure for confirmation.
Final Thoughts
Solana's $SOL
price action suggests a breakout is possible, but traders should exercise caution due to the volatile nature of the crypto market. Risk management is crucial—setting stop-loss levels and monitoring volume trends can help navigate the uncertainty.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
Thena Coin ( $THE )Technical Analysis: Bullish Signs Amidst Short-Term Pullback
On February 12, 2025, #Thena Coin ( $THE )Technical Analysis: Bullish Signs Amidst Short-Term PullbackThena ( $THE ) formed a bullish Marubozu candlestick pattern, indicating strong buying pressure. However, on February 13, it faced some downward movement, with the price dropping to $0.698. Despite the pullback, Thena is holding above its 21-day Exponential Moving Average (EMA), which is acting as a key support level.
Key technical points:
Support Level: $0.61 (Fibonacci retracement level)
Resistance Level: $1.80 (recent high)
Stop-loss: If Thena falls below $0.61, consider setting a stop-loss to mitigate further downside risk.
Target: If Thena sustains above $0.61, it could move towards the resistance level of $1.80 in the coming weeks.
Price Prediction:
Short-Term: Thena is expected to test the $1.80 resistance level if it holds its support above $0.61 in the short term. A move toward $1.80 could unfold within the next week or two if bullish momentum continues.
In summary, Thena $THE
is testing key support at $0.61 and could see a strong rebound toward $1.80 if it sustains above this level. A failure to hold above $0.61 could risk further downside, but the overall outlook remains positive if support holds.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. #Cryptocurrency investments are highly speculative and come with significant risks. Always do your own research and consult with a professional financial advisor before making any investment decisions.
#TraderProfile
#crypto
#BNBChainMeme #BinanceAlphaAlert
Key technical points:
Support Level: $0.61 (Fibonacci retracement level)
Resistance Level: $1.80 (recent high)
Stop-loss: If Thena falls below $0.61, consider setting a stop-loss to mitigate further downside risk.
Target: If Thena sustains above $0.61, it could move towards the resistance level of $1.80 in the coming weeks.
Price Prediction:
Short-Term: Thena is expected to test the $1.80 resistance level if it holds its support above $0.61 in the short term. A move toward $1.80 could unfold within the next week or two if bullish momentum continues.
In summary, Thena $THE
is testing key support at $0.61 and could see a strong rebound toward $1.80 if it sustains above this level. A failure to hold above $0.61 could risk further downside, but the overall outlook remains positive if support holds.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. #Cryptocurrency investments are highly speculative and come with significant risks. Always do your own research and consult with a professional financial advisor before making any investment decisions.
#TraderProfile
#crypto
#BNBChainMeme #BinanceAlphaAlert
$SOL Technical Analysis: Key Levels to Watch
Currently, Solana ( $SOL ) is trading around $192.32 on Binance, showing signs of a potential reversal after hitting a low of $188.78. The chart indicates a developing W pattern, a classic bullish reversal signal.
Key Resistance & Breakout Level: $193.48
If $SOL breaks above $193.48 with strong volume, it could confirm the W pattern and trigger a rally towards $198.
This level aligns with previous resistance, making it a crucial breakout point.
Support & Downside Risk: $189
If sol fails to sustain above $193.48, it may retrace back to $189 or even retest the $188.78 low.
Weak buying pressure or rejection at resistance could lead to further downside.
Indicators to Watch
Volume Surge: A breakout must be backed by high volume for confirmation.
RSI (50.75): Neutral zone, suggesting room for both upside and downside moves.
Moving Averages: MA(7) at $191.28 and MA(99) at $194.09 show consolidation near key levels.
Conclusion
Traders should watch for a confirmed breakout above $193.48 for a potential move to $198. If rejection occurs, SOL may drop towards $189. The next few 15-minute candles with volume will be crucial in determining the direction.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves significant risk, and past performance does not guarantee future results. Always conduct your own research and consult a financial advisor before making any investment decisions.
Currently, Solana ( $SOL ) is trading around $192.32 on Binance, showing signs of a potential reversal after hitting a low of $188.78. The chart indicates a developing W pattern, a classic bullish reversal signal.
Key Resistance & Breakout Level: $193.48
If $SOL breaks above $193.48 with strong volume, it could confirm the W pattern and trigger a rally towards $198.
This level aligns with previous resistance, making it a crucial breakout point.
Support & Downside Risk: $189
If sol fails to sustain above $193.48, it may retrace back to $189 or even retest the $188.78 low.
Weak buying pressure or rejection at resistance could lead to further downside.
Indicators to Watch
Volume Surge: A breakout must be backed by high volume for confirmation.
RSI (50.75): Neutral zone, suggesting room for both upside and downside moves.
Moving Averages: MA(7) at $191.28 and MA(99) at $194.09 show consolidation near key levels.
Conclusion
Traders should watch for a confirmed breakout above $193.48 for a potential move to $198. If rejection occurs, SOL may drop towards $189. The next few 15-minute candles with volume will be crucial in determining the direction.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves significant risk, and past performance does not guarantee future results. Always conduct your own research and consult a financial advisor before making any investment decisions.
$PROM (PROM) Trading Opportunity Near Support Level
$PROM (PROM) is currently trading near a key support level at $5, which it has held multiple times recently. This creates a potential swing trading opportunity for those looking for upward movement.
Technical Analysis
Support at $5: The $5 level has acted as strong support, suggesting strong buying interest at this price.
Bullish Potential: A close above $5 today could confirm the support and indicate a potential rally toward the next resistance at $10, offering a 100% upside.
Trade Setup
Entry: Consider entering if PROM closes above $5, signaling a confirmed support level.
Target: $10, the next resistance level.
Stop-Loss: Place a stop-loss below $5 to manage risk.
Conclusion
$PROM shows a promising setup near the $5 support level, with the possibility of a 100% move to $10. Be sure to monitor the market closely and manage risk effectively.
Disclaimer: This is not financial advice. Please conduct your own research before trading.
$PROM (PROM) is currently trading near a key support level at $5, which it has held multiple times recently. This creates a potential swing trading opportunity for those looking for upward movement.
Technical Analysis
Support at $5: The $5 level has acted as strong support, suggesting strong buying interest at this price.
Bullish Potential: A close above $5 today could confirm the support and indicate a potential rally toward the next resistance at $10, offering a 100% upside.
Trade Setup
Entry: Consider entering if PROM closes above $5, signaling a confirmed support level.
Target: $10, the next resistance level.
Stop-Loss: Place a stop-loss below $5 to manage risk.
Conclusion
$PROM shows a promising setup near the $5 support level, with the possibility of a 100% move to $10. Be sure to monitor the market closely and manage risk effectively.
Disclaimer: This is not financial advice. Please conduct your own research before trading.
$RPL Analysis – Potential Swing Trade Opportunity
$RPL is showing bullish momentum with a significant trendline breakout today. Here’s why it’s worth considering:
Volume Surge: Strong buying interest has pushed the price higher, backed by good volume.
$RPL Near 40: The Relative Strength Index indicates potential for more upward movement, recovering from oversold levels.
Trendline Breakout: A clear breakout suggests a possible trend reversal or bullish continuation.
Trade Setup (Swing Trading)
Entry Point - Today's closing
1st Target Price: $11– The next resistance level where sellers may step in.
2nd Target Price : $13
Stop-Loss: $7.50 – Essential to manage risk in this volatile market.
Important Note: Wait for today’s closing. If the price closes above the trendline and $7.72, it will confirm the breakout and provide a safer entry point.
Key Points to Monitor
Watch for price action near the $11-$13 zone for potential rejection or consolidation.
Avoid over-leveraging and ensure proper risk management.
⚠️ Disclaimer: This is not financial advice but my personal analysis. Always do your own research and trade responsibly!
$RPL is showing bullish momentum with a significant trendline breakout today. Here’s why it’s worth considering:
Volume Surge: Strong buying interest has pushed the price higher, backed by good volume.
$RPL Near 40: The Relative Strength Index indicates potential for more upward movement, recovering from oversold levels.
Trendline Breakout: A clear breakout suggests a possible trend reversal or bullish continuation.
Trade Setup (Swing Trading)
Entry Point - Today's closing
1st Target Price: $11– The next resistance level where sellers may step in.
2nd Target Price : $13
Stop-Loss: $7.50 – Essential to manage risk in this volatile market.
Important Note: Wait for today’s closing. If the price closes above the trendline and $7.72, it will confirm the breakout and provide a safer entry point.
Key Points to Monitor
Watch for price action near the $11-$13 zone for potential rejection or consolidation.
Avoid over-leveraging and ensure proper risk management.
⚠️ Disclaimer: This is not financial advice but my personal analysis. Always do your own research and trade responsibly!
🎯 $SOL Price Action: Predict. Act. Win.
In the morning ( second photo), I shared my observation when $SOL was nearing $195, stating that if it crosses this level, it could rally to $202.
And as seen in the second photo, $SOL touched $203 before facing strong resistance and is now falling sharply. 📉
Key lesson: Understanding support and resistance levels can make or break your trades.
What’s your take on SOL’s next move? Let’s discuss! 👇
Disclaimer: This is not financial advice. Always DYOR.
In the morning ( second photo), I shared my observation when $SOL was nearing $195, stating that if it crosses this level, it could rally to $202.
And as seen in the second photo, $SOL touched $203 before facing strong resistance and is now falling sharply. 📉
Key lesson: Understanding support and resistance levels can make or break your trades.
What’s your take on SOL’s next move? Let’s discuss! 👇
Disclaimer: This is not financial advice. Always DYOR.
$SOL Price Action Alert 🚀
$SOL is showing signs of a potential reversal, forming a double bottom pattern on the 15 min time frame. The RSI is above 60, indicating bullish momentum is building.
If $SOL crosses the $195 mark with a strong green candle and high volume, it could confirm a breakout! The next target to watch is $202, which lies in its resistance zone. A successful breakout beyond this level could open doors for more upside.
Disclaimer: This is just an analysis, not financial advice. Always do your own research (DYOR) before making any investment decisions.
#SOL #CryptoAnalysis #Binance #RSI
$SOL is showing signs of a potential reversal, forming a double bottom pattern on the 15 min time frame. The RSI is above 60, indicating bullish momentum is building.
If $SOL crosses the $195 mark with a strong green candle and high volume, it could confirm a breakout! The next target to watch is $202, which lies in its resistance zone. A successful breakout beyond this level could open doors for more upside.
Disclaimer: This is just an analysis, not financial advice. Always do your own research (DYOR) before making any investment decisions.
#SOL #CryptoAnalysis #Binance #RSI
#AICrashOrComeback
AI Future: Crash or Comeback?
The buzz around DeepSeek has shaken the AI market.
Some believe the hype is fading, while others view this as an opportunity for the industry to reset and grow stronger.
Despite the challenges,
AI still holds immense potential to change the world in ways we can't fully predict yet.
The question now is: will this dip lead to a crash or a big comeback?
As the market continues to evolve, the next few moves will determine the trajectory of AI's future.
Stay tuned for updates and insights.
#AICrashorComeback
AI Future: Crash or Comeback?
The buzz around DeepSeek has shaken the AI market.
Some believe the hype is fading, while others view this as an opportunity for the industry to reset and grow stronger.
Despite the challenges,
AI still holds immense potential to change the world in ways we can't fully predict yet.
The question now is: will this dip lead to a crash or a big comeback?
As the market continues to evolve, the next few moves will determine the trajectory of AI's future.
Stay tuned for updates and insights.
#AICrashorComeback
BTC $BTC seems to be taking support near 96,000 and is showing positive momentum, crossing the 50 EMA on the 15-minute timeframe. If it breaks above 97,000, it could signal a potential entry opportunity for intraday prospective.
Currently, $SOL is in a bearish trend, testing strong support near 175-180. This level could act as a potential rebound zone, so it’s worth keeping an eye on. Look for key reversal patterns such as:
A big green Marubozu candle near support
A Hammer candlestick formation
A Bullish Engulfing pattern
A Morning Star
A Double Bottom pattern near support
The descending triangle pattern hints at bearish pressure, but a breakout above this trend line could signal a reversal.
This is not a buy or sell recommendation, just my analysis. Always do your own research before making any decisions. Stay alert!
A big green Marubozu candle near support
A Hammer candlestick formation
A Bullish Engulfing pattern
A Morning Star
A Double Bottom pattern near support
The descending triangle pattern hints at bearish pressure, but a breakout above this trend line could signal a reversal.
This is not a buy or sell recommendation, just my analysis. Always do your own research before making any decisions. Stay alert!
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