š$BTC has been overall bullish trading within the rising channel marked in blue.
Moreover, the green zone is a strong demand and structure.
š¹ Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower blue trendline acting non-horizontal support.
š As per my trading style: As #BTC retests the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
š Bullish: $BTC is currently trading within the second floor, between $92,000 and the previous all-time high (ATH) at $109,000.
As BTC retests the $96,000 demand zone, weāll be looking for trend-following long setups!
š Extreme Bullish: For the momentum to shift from Bullish to Extreme Bullish and enter the price discovery phase, a break above the previous ATH around $109,000 is needed.
š Since breaking below its last major low in December 2024, #Ethereum ($ETH) has been stuck in a bearish trend.
But donāt lose hope, bulls! š
ā ļøItās evident from the last correction phase, marked in blue, that it's larger than the previous ones ā a clear sign that the bulls are stronger than ever.
A growing correction phase is often the first signal of an upcoming momentum shift.
This shift will be confirmed once ETH breaks above the last major high marked in red at $2,100.
šXRP has been overall bullish from a medium-term perspective trading within the rising channel marked in blue.
š As per my trading style: As #XRP approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Hello Fellow Traders. This is Richard, also known as theSignalyst.
š After breaking above the $0.03 structure marked in blue, $LTO has shifted its #momentum from bearish to #bullish.
It is currently in a correction phase, but as long as the $0.03 support holds, weāll be eyeing trend-following long setups to catch the next impulsive wave upward.š
š Medium-Term: SOL has been overall bearish and it is currently trading within the flat wedge pattern marked in red.
š As it retests the lower bound of the wedge ā which perfectly intersects with the $100 round number ā Iāll be looking for short-term longs.
š In parallel, for the bulls to take over in the long term and kick off the next bullish phase, a breakout above the $147 previous daily high is needed.
š $LTO is a perfect practical example of a momentum shift in action.
Itās clear that the bears are losing steam ā the impulse moves marked in red are becoming flatter and smaller, forming a wedge pattern.
Moreover, #LTO just tapped into a key weekly support zone near the $0.03 round number, making it a prime area to look for potential long setups.š
šFor the bulls to confirm this momentum shift in their favor and aim for the $0.05 round number as the first target šÆ, a break above the last major high marked in green at $0.0345 is essential ā .
š $BTC has been overall bearish, trading within the falling channel marked in red.
But the big question is ā where could the potential bottom be? š Iām watching the $70,000 zone!
Hereās why: The $70,000 area is a key confluence zone ā it aligns with the lower red trendline, horizontal support, a psychological round number, and a potential demand zone.
āļø $LTO is retesting a massive zone, which marks the intersection of two key rejection points:
1ļøā£ The $0.02 support level and psychological round number 2ļøā£ The lower red trendline, acting as an oversold area
š According to my trading style: As #LTO hovers around the blue circle zone, Iāll be watching for bullish reversal setups (such as a double bottom pattern, trendline break, and so on).
In trading, it's not about luck ā it's about constant growth. š± Embrace the unknown, fine-tune your strategy, and turn every outcome into a lesson. š§ š”
Success favors those who innovate, learn, and adapt. š„
š By applying two simple channelsāone short-term (š“) and one long-term (šµ)āwe see both upper bounds aligning right around the š° $300,000 mark. A classic case of confluence at a key psychological level š§ ⨠$BTC
š As per my trading style: As #ETH approaches the blue arrow zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
BTC has been in a correction phase, and it feels like it's taking forever! ā³
As long as the blue trendline holds, the overall bias remains bullish. š
As BTC approaches the blue trendlineāperfectly aligning with a demand zone and supportāwe'll be watching for trend-following longs to catch the next big impulse move upward. š
$REZ has been in a correction phase and it is currently approaching the lower bound of the its rising green channel.
š As per my trading style: As #REZ approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)