Bitcoin Hits $40,000, It Will Recover —Name Your AltcoinSorry, there is a typo there on the title, I meant to say: Bitcoin hits $114,000, soon to recover.
As you can see from our trading range, Bitcoin just went beyond the lower boundary and hit a new low, the lowest since 10-July but there is good news. There isn't room for prices to move much lower, this is part of the consolidation phase.
The first low happened 25-July and notice the high (bear) volume. The second low happens today and we have lower volume compared to 25-July, but Bitcoin hit a lower low. This reveals that the bearish move is already weak and losing force. It also reveals the fact that Bitcoin is about to recover.
Also notice the RSI, 2H. It hit oversold recently and went the lowest in a long while. Reversals tend to happen when the RSI becomes oversold.
Bitcoin is testing the lower boundary of the trading range, when this happens, the action reverses and moves back up. Prepare to see Bitcoin back above $120,000. It is normal and it will happen... But it is wise to give the market a few days. 5-August was bad last year. It gets bad but it also marks the bottom. Once the bottom is hit, growth long-term.
— Name Your Altcoin
Leave a comment with the altcoins you are holding now and I will do an analysis for you. The altcoins will also recover and we are witnessing just a small retrace. Hold strong as this is the most important part. We will have a very strong new bullish wave develop within days.
As Bitcoin moves to test support, it will reverse to test resistance next. Which one is your top altcoins choice?
Thank you for reading.
Namaste.
Crypto market
BTCUSDTHello Traders! 👋
What are your thoughts on BITCOIN?
After a strong rally, BTC is currently pulling back from the 124K resistance area, heading toward a major confluence support zone between 108,000– 110,000, which aligns with:
✅ Previous breakout zone
✅ 0.5–0.618 Fibonacci retracement
✅ Lower bound of the ascending channel
This level is expected to attract buyers and act as a base for a new bullish leg.
Scenario Ahead (Main Bias):
1. Price dips into the 108–110K support
2. Bullish reversal from the zone (watch for strong reaction candles or bullish divergence)
3. Target 1: 124K (retest resistance)
4. Target 2: 135K–140K (upper channel boundary upon breakout)
BTC remains in a healthy bullish structure. Current pullback is considered constructive, and the 107–110K zone offers a high-probability long setup. Watch for bullish signals before entering.
A confirmed daily close below 107K would invalidate this bullish structure and expose BTC to deeper correction levels.
What’s your take on this setup? Do you expect a bounce from support or a deeper correction? Share your thoughts below 👇
Don’t forget to like and share your thoughts in the comments! ❤️
Bitcoin - 50% crash is starting! (2017 trendline, huge warning)Bitcoin is in the final stage of the bullish cycle, and we want to look for the best price to sell and prepare for the 2025/2026 bear market! The best price to sell Bitcoin is at the 1.618 FIB extension or at the main long-term 2017-2021-2025 trendline. This is exactly at 122,069, as we can see on the chart. And 2 weeks ago, Bitcoin hit both the Fibonacci level and trendline! So this is a strong sell signal.
Buying Bitcoin at the tipity top of a bullish cycle is not the best idea, because we will see 60,000 USD per Bitcoin in 2026! From the Elliott Wave perspective, there is probably only 1 high-probability scenario, and it's this ending diagonal pattern (rising wedge). I think we will see a final 2 waves on Bitcoin to form an ending diagonal wedge pattern (1-2-3-4-5). Bitcoin just finished wave 5 and is starting a brand new corrective pattern.
But you can be more conservative and wait for more confirmations, such as a break of the 50-week moving average. Waiting for such confirmations in general gives us a higher chance of success but a lower risk-to-reward ratio; in other words, you can't catch the top. I always recommend using simple moving averages with 20, 50, 100, and 200 periods because this is what the big players are using as well. These MAs are very popular among giant institutions, banks, and investors.
What's more, Bitcoin seasonality is telling us that August and September are the most bearish months for Bitcoin statistically. So you probably want to sell before a sell-off kicks in.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
BITCOIN - Price can turn around and start to move upHi guys, this is my overview for BTCUSD, feel free to check it and write your feedback in comments👊
The price reversed its prior downtrend with a decisive breakout from a falling channel.
This breakout triggered a strong upward impulse, which then began to consolidate into a large symmetrical pennant.
However, the price recently failed to hold the lower support trendline of this pennant and broke to the downside.
The asset is currently trading just below this broken trendline, in what appears to be a liquidity grab.
To continue upwards, buyers must now overcome the immediate resistance located at the $116300 level.
I expect that this breakdown was a fakeout, and the price will soon reverse, break through the $116300 resistance, and continue its rally toward the $121000 target.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Bitcoin stop loss hunting end, entry for Long is now!!Hi on this chart that may happen with more than 70% possibility we have one of the easy setups and strategy which i call it FAKEOUT&LIQUIDTY this happen usually near trendline support or range zone support or even resistance and after a possible fakeout usually market kick sellers or Buyers and then with high volume market reverse.
I saw High volume and Fake breakout in my mind and i think it can be one of those times so we open long and lets now wait for this 1:2(Risk:Reward) signal to play.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Deep Dive Into Moving Average Convergence Divergence (MACD)🗓 The Moving Average Convergence Divergence (MACD) is one of the most popular momentum indicators in technical analysis. Whether you're a beginner or an experienced trader, understanding how the MACD works can significantly enhance your trading decisions.
📚 Introduction: What Is MACD and Why It Matters
The MACD (Moving Average Convergence Divergence) is one of the most powerful and widely used momentum indicators in technical analysis. It was developed by Gerald Appel in the late 1970s and has since become a staple in the toolkit of traders and investors across markets — from stocks and forex to cryptocurrencies.
At its core, MACD helps traders understand the relationship between two moving averages of an asset’s price, providing insight into both trend direction and momentum strength. By analyzing how these averages converge and diverge, the indicator offers valuable signals for entries, exits, and trend reversals.
What makes MACD especially popular is its versatility — it works well in trending markets, can be used across all timeframes, and combines both leading and lagging components. Whether you're a day trader or a long-term investor, understanding how MACD works gives you an edge in making timely and informed trading decisions.
📚 How the MACD Is Calculated: The Components Explained
The MACD is built from three core components: MACD line, Signal line and MACD histogram.
🔹 Calculating the MACD Line:
The MACD line is the difference between two Exponential Moving Averages (EMAs), typically 12-period EMA (fast) and 26-period EMA (slow). The formula is:
MACD Line = EMA(12) − EMA(26)
This line captures momentum by tracking how the shorter-term average diverges from the longer-term average. When the MACD line rises, the short-term momentum is increasing faster than the longer-term trend — a sign of bullish acceleration. The reverse implies bearish momentum.
🔹 Calculating the Signal Line:
To reduce noise and provide clearer signals, a 9-period EMA of the MACD line is plotted on top. This is the Signal Line, and it acts as a trigger:
When the MACD line crosses above the signal line → bullish signal (buy)
When the MACD line crosses below the signal line → bearish signal (sell)
Signal Line = EMA(9)(MACD Line)
🔹 Calculating the MACD Histogram:
The Histogram shows the difference between the MACD Line and the Signal Line:
Histogram = MACD Line − Signal Line
It provides a visual representation of momentum strength. The histogram bars expand when momentum strengthens and contract as it fades. It helps you spot shifts in momentum earlier than a basic crossover.
📚 How to Use MACD in Trading Strategies
⚡️MACD Signal Line Crossover
Buy Signal:
MACD Line crosses above the Signal Line from below (bullish crossover)
Preferably when both lines are below the zero line (early in the trend)
Price closes above the long-term trend approximation, in our case we use 200-period EMA
Sell Signal:
MACD Line crosses below the Signal Line from above (bearish crossover)
Preferably when both lines are above the zero line (early in the trend)
Price closes below the long-term trend approximation, in our case we use 200-period EMA
📈Long Trading Strategy Example
1. Wait until MACD line crosses over the Signal line from down to up. In our example we use 1D time frame for BITMART:BTCUSDT.P . Open long trade if point 2 will be completed.
2. Price candle shall be closed above the 200-period EMA. This is long-term trend filter to increase the probability that trades will be open only in the direction of the main trend.
3. Close the long trade when the MACD line crosses under the Signal line. This is an approximation that short-term impulse is over and correction is about to start.
In our case we have +20% return on this long trade, but, please, notice that we have not used initial stop-loss in this strategy. Trade was closed according to the technical condition, this approach can violate the risk management rules, but also can be applicable if you trade the amount ready to lose using this strategy. We will talk about stop-loss later.
📉Short trading strategy example
1. Wait until MACD line crosses under the Signal line from up to down. In our example we use 1D time frame for BITMART:ETHUSDT . Open short trade if point 2 will be completed.
2. Price candle shall be closed below the 200-period EMA. This is long-term trend filter to increase the probability that trades will be open only in the direction of the main trend.
3. Close the short trade when the MACD line crosses over the Signal line. This is an approximation that short-term impulse is over and correction is about to start.
In this case we have +15% return on the short trade. Again, strategy used the technical condition to close the trade and now let's cover how to place the stop-loss. There is no right answer how to use stop-losses. The first and the most obvious way to place stop-loss is using recent swing low/high, but the problem is that all traders are seeing them and do the same. Price tends to reach such levels to collect liquidity.
Another one way to place stop-loss is using the signal candle's high/low. This is so-called 1 candle stop-loss. Usually it's very tight and can allow to have the fantastic risk to reward ratio, but we are now recommend to use it if you are not a professional trader because win rate of such strategy decreases.
Third approach in placing stop-loss which we often use in our algorithmic strategies is the Average True Range (ATR). ATR is the volatility measurement, it allows to take into account the current volatility. Sometimes it helps to avoid the stop-loss hit when trade finally goes in your direction. You can just simply subtract (in case of long trade) or add (in case of short trade) ATR value to the entry price and obtain the dynamic stop loss based on current market condition. Also multiplier can be used for ATR. You shall choose the approach which is more comfortable for you, backtest all these approached to make your choice.
🧪Important: we used the long signals only below the zero-line and short signals above it in the attempt to catch the beginning of a trend and have large potential move. On the picture below you can see the same BITMART:BTCUSDT.P , but what will happen if we open long on the lines crossover above zero line? This trade will not be profitable because of restricted potential.
⚡️MACD Zero Line Crossover
Buy Signal:
MACD Histogram crosses above the zero line (momentum shifts from bearish to bullish)
Price closes above the long-term trend approximation, in our case we use 200-period EMA
Sell Signal:
MACD Histogram crosses below the zero line (momentum shifts from bullish to bearish)
Price closes below the long-term trend approximation, in our case we use 200-period EMA
📈Long Trading Strategy Example
1. Wait until MACD Histogram crosses over zero line. Open long trade if point 2 will be completed.
2. Price candle shall be closed above 200-period EMA. This is long-term trend filter to increase the probability that trades will be open only in the direction of the main trend.
3. Take profit when price reaches 3:1 risk to reward ratio according to the stop-loss from point 4.
4. Stop-loss shall be placed below recent swing low. This point can be discussed, you can use any stop-loss technique described earlier in this article. We demonstrate the simplest one, the key here is using at least 3:1 RR.
📉Short trading strategy example
1. Wait until MACD Histogram crosses under zero line. Open short trade if point 2 will be completed.
2. Price candle shall be closed below 200-period EMA. This is long-term trend filter to increase the probability that trades will be open only in the direction of the main trend.
3. Take profit when price reaches 3:1 risk to reward ratio according to the stop-loss from point 4.
4. Stop-loss shall be placed above recent swing high. This point can be discussed, you can use any stop-loss technique described earlier in this article. We demonstrate the simplest one, the key here is using at least 3:1 RR.
⚡️MACD Divergence Strategy
MACD Divergence is a strategy that helps traders identify potential reversals in market direction before they become obvious on the price chart. This makes it a favorite tool among swing traders and crypto enthusiasts looking to catch major moves early.
But what exactly is a divergence? In simple terms, divergence occurs when price and momentum (MACD) are moving in opposite directions — signaling that the current trend may be losing strength and preparing for a reversal. There are two main types of divergence.
🐂 Bullish Divergence
Price makes a lower low
MACD Histogram makes a higher low
This suggests that while price is still falling, downward momentum is weakening. The bears are losing control, and a bullish reversal may be near. Trading signal is very simple, when bullish divergence happens wait for the first increasing column on MACD histogram and open long trade. Place stop-loss under recent swing low and take profit at 3:1 RR.
🐻Bearish Divergence
Price makes a higher high
MACD makes a lower high
This suggests that while price is still falling, downward momentum is weakening. The bears are losing control, and a bullish reversal may be near. Trading signal is very simple, when bearish divergence happens wait for the first decreasing column on MACD histogram and open short trade. Place stop-loss above recent swing high and take profit at 3:1 RR.
🧪 Important hint: MACD histogram shall cross the zero line between two lows/high to create the most reliable divergence signals. We are not recommend to use it without zero-line crossover to decrease number of false signals.
📈Long Trading Strategy Example
1. MACD Histogram shall create higher low.
2. Price shall create lower low.
3. MACD Histogram shall cross the zero line between lows.
4. MACD Histogram shall show the first increasing column.
5. Put stop-loss under the recent swing low.
6. Put take profit at 3:1.
🧪 You can enhance the long signal with the MACD Line divergence. In our case we have both divergences: with MACD Histogram and MACD Line.
📉Short trading strategy example
1. MACD Histogram shall create lower high.
2. Price shall create higher high.
3. MACD Histogram shall cross the zero line between lows.
4. MACD Histogram shall show the first decreasing column.
5. Put stop-loss above the recent swing high.
6. Put take profit at 3:1.
🧪Divergence is extremely strong signal, but when price continue it's move in the direction of a trend and it's not reversing it can also be the signal for the trend continuation. This situation is called "Baskerville Hound" signal, this name was given by famous trader Alexander Elder. We don't recommend to use it for novice traders, but it's useful to know about it.
📚 Conclusion
The Moving Average Convergence Divergence (MACD) is more than just a crossover tool — it's a powerful momentum indicator that offers deep insight into the strength, direction, and timing of market trends. By understanding how the MACD line, Signal line, and Histogram interact, traders can uncover early trend shifts, spot momentum divergences, and time entries and exits with greater confidence.
Whether you're a short-term trader using fast crossovers for scalping or a long-term investor watching for weekly divergences, MACD can adapt to your style when used thoughtfully. Like all indicators, it works best when combined with price action, support/resistance levels, and other indicators — not in isolation.
Ultimately, mastering MACD is not about memorizing patterns, but about learning to read the story of momentum that unfolds beneath the surface of price. With disciplined application and practice, MACD can become a reliable compass in your trading strategy.
BTC HUGE DROP TO 113,400$ - BIG CRASH !*Sorry for posting to late as I am between a trip in Malaysia.*
Details:
Entry: Now - 117,000 $
Target Price: 113,410 $
Stop loss: 119,460 $
Trade Ideas:
Market creating a flag pattern here. Though its not only the logic we have some secret logics here and indicators which I shared in the VIP.
What is required to Join VIP?
- Nothing just you have to share 10% of your profit with us at the end of the month which you earned from our signals. Yeah this is just the requirement, trade where ever you like your favorite broker or else you don't need to pay fees first or create account thru our link.
Trade Signal:
I provide trade signals here so follow my account and you can check my previous analysis regarding BITCOIN. So don't miss trade opportunity so follow must.
BINANCE:BTCUSDT BINANCE:BTCUSDT.P BINANCE:BTCUSD
SHIB/USDT: Shiba Inu Setting Up for a Bullish Reversal?Shiba Inu (SHIB) is currently trading around $0.00001208, showing signs of stabilizing near a key support zone after a recent pullback. The market appears to be forming a rounded double bottom pattern, which could evolve into a strong W-shaped bullish reversal if confirmed with volume and breakout above short-term resistance (~$0.0000135).
This level could be pivotal for long-term accumulation.
What to Watch
*Key Support Zone: $0.00001200 - price is holding this level firmly.
*Short-Term Resistance: $0.0000135 - a breakout could confirm bullish continuation.
*Indicators: RSI is cooling off after a high, which could provide momentum for a new leg up.
SHIB may be quietly setting the stage for a powerful recovery. This support level looks like a gift for those with patience and vision. DCA smartly, monitor dips, and don’t panic, because when this pattern breaks out, you’ll wish you had loaded up earlier.
This isn't about hype...it’s about positioning. Stay disciplined. Stick to your plan. SHIB might just surprise everyone again.
Chart Patterns - How to read them like a ProChart patterns are visual formations on price charts that help traders anticipate potential market movements.
These patterns fall into three main categories: bullish , bearish , and indecisive .
---
1. Bullish Chart Patterns
Bullish patterns often signal that price is likely to move upward.
1.1 Bull Flag
* What it looks like: A sharp upward move followed by a small downward-sloping rectangle (the flag).
* Meaning: After a strong rally, the price consolidates briefly before continuing higher.
* Key insight: A breakout above the flag typically signals a continuation of the trend.
1.2 Pennant (Bullish)
* What it looks like: A strong upward move followed by a small symmetrical triangle.
* Meaning: Similar to the bull flag, but the consolidation takes a triangular form.
* Key insight: Once price breaks above the pennant, the uptrend often resumes.
1.3 Cup & Handle
* What it looks like: A “U”-shaped curve (the cup) followed by a small downward drift (the handle).
* Meaning: This pattern suggests a period of accumulation before price breaks higher.
* Key insight: A breakout above the handle signals the beginning of a new bullish leg.
1.4 Inverse Head & Shoulders
* What it looks like: Three low points, with the middle low being the deepest.
* Meaning: This reversal pattern appears after a downtrend and signals a potential change to an uptrend.
* Key insight: A breakout above the “neckline” confirms the reversal.
---
2. Indecisive Chart Patterns
These patterns show market hesitation, where neither bulls nor bears are clearly in control.
2.1 Consolidation Channel
* What it looks like: Price moves within a horizontal channel.
* Meaning: Market is moving sideways with no strong trend.
* Key insight: A breakout in either direction often leads to a significant move.
2.2 Symmetrical Triangle
* What it looks like: Two converging trend lines forming a triangle.
* Meaning: This is a neutral pattern that can break out in either direction.
* Key insight: Traders wait for a breakout before taking a position.
---
3. Bearish Chart Patterns
Bearish patterns signal a high probability of downward price movement.
3.1 Bear Flag
* What it looks like: A sharp decline followed by a small upward-sloping rectangle.
* Meaning: After a strong drop, price consolidates before continuing lower.
* Key insight: A breakout below the flag suggests a continuation of the downtrend.
3.2 Pennant (Bearish)
* What it looks like: A sharp downward move followed by a small symmetrical triangle.
* Meaning: Similar to the bear flag, but the consolidation takes a triangular form.
* Key insight: A breakout downward typically resumes the bearish trend.
3.3 Inverse Cup & Handle
* What it looks like: An upside-down cup with a small upward drift forming the handle.
* Meaning: Indicates weakness after an uptrend, often followed by a drop.
* Key insight: A break below the handle usually signals a strong bearish move.
3.4 Head & Shoulders
* What it looks like: Three peaks, with the middle one being the highest.
* Meaning: A classic reversal pattern that indicates a potential shift from an uptrend to a downtrend.
* Key insight: A break below the “neckline” confirms the bearish reversal.
---
How to Use These Patterns
* Combine pattern recognition with support/resistance, volume, and indicators for stronger confirmation.
* Always wait for breakouts and avoid acting too early.
* Manage risk with stop-loss orders.
Solana Update · Retrace, Bears & The Bullish BiasSolana had a retrace in May. Notice the 19-May date on the chart. This retrace produced four weeks red. The bullish move that led to this retrace lasted 6 weeks. The last rise lasted five weeks and the current retrace might last only two weeks, can be less.
We are seeing Solana rising but this rise is not a one-time off event, this is a trend that is developing. An uptrend as a long-term phenomena is different to a short-term bullish moves. A short-term move tends to be really fast, one strong burst and that's it. A long-term move is different. Instead of seeing 2-3 candles and Solana trading at $1,000, we see dozens and dozens of candles with prices slowly rising. There are strong fluctuations but the end result is always up. And that's how you see the fluctuations on the chart.
Solana moved up and then immediately started to retrace. Then another rise and another retrace again. This retrace will end and prices will continue to grow long-term. The bulls are in. The bull market is on. Solana, Bitcoin, Crypto and the rest of the Altcoins market is going up.
Namaste.
4000$ is last resistance left Ready for breakout and pump?market is still bullish and i am looking for breakout here to the upside for sure But we should consider this factor that major resistance now is touching and we may have first short-term fall.
so for now we may have correction and dump to the targets like 3300$ which is first support of 0.23 Fibonacci level.
and after this healthy correction or without it we can expect more pump and breakout of 4K$ and heavy pump to the targets like 7K$.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
Take profit is more important than a stop lossAre you actually in profit, or just delaying your next loss?
How many times have you watched your gains vanish because you wanted more?
Maybe it's time to stop fearing losses and start planning exits.
Hello✌️
Spend 3 minutes ⏰ reading this educational material.
💸 Why Most Traders Lose Profits They Already Had
Most traders obsess over stop losses but never define where they'll take profits. Imagine entering a great trade, watching the price go up, then suddenly it pulls back and you're out with nothing. That happens because you didn’t define your win.
A well-placed take profit acts like a contract with your future self. It secures your gain before the market decides otherwise.
📉 No Take Profit? Say Hello to Unnecessary Losses
Failing to set a take profit is basically handing the market a free ticket to reverse your gains. Especially in the highly volatile crypto space, a missed exit often turns into a regretful stop out. So while everyone is talking about stop losses, you should focus on where the money is actually made.
🧮 A Clear Profit Target Creates a Clear Mind
Having a defined profit target gives your mind a place to rest. It brings structure and removes hesitation. This peace of mind is something new traders lack, which often leads them to close early or hold too long.
🧠 Greed Is the Real Enemy of Your Gains
Greed whispers "Wait, it might go higher"
But when you don't have a take profit plan, that whisper becomes your worst advisor. Pro traders map their exits before entering, while amateurs dream of riding forever.
🛡 True Capital Protection Begins with Profit Protection
If you're aiming for safe capital in crypto, it's not just about minimizing losses. It's about securing wins. Beginners often build their whole plan around stop loss. But advanced traders fear losing profits more than they fear taking a hit.
🎯 Take Profit Is Your Emergency Exit Plan
Setting a profit target is like having an escape route during a fire. Without it, you’ll panic when things turn. Crypto markets are full of pump traps. Your profit is only real when you actually take it.
🚪 Exit Strategy Matters More Than Entry
Everyone talks about entries, but it's your exit that defines whether your trade ends in green or red. Many traders nail the perfect entry but without a clear exit plan, they hand back their profits. Prioritizing your take profit is not optional. It’s essential.
🔁 Managing Gains Is Managing Emotions
Without a defined exit, every candle can shake your decision-making. But when your take profit is set in advance, emotions can’t hijack your strategy. You’re following a plan, not a feeling.
📊 TradingView Tools to Manage Take Profits Effectively
In the world of trading, the right tool means the right decision. TradingView offers powerful tools that help you manage not just your stop loss but more importantly, your take profit targets. With tools like Price Range and Long/Short Position, you can easily visualize where you entered and where you need to exit before greed pulls you deeper.
The Fibonacci Extension tool is especially valuable during bullish runs. It allows you to map out realistic and strategic profit levels like TP1, TP2, and TP3. These targets can then be paired with horizontal lines or alerts within TradingView’s chart system.
Even if you're using a free TradingView account, a simple custom Pine Script can help set alerts when your percentage targets are hit so you can scale out or lock in profits instead of emotionally reacting to price movement.
Using these tools practically empowers traders to build real-world strategies and take control of their exits, not just their entries. That’s the real edge.
📌 Final Takeaway
A clear, well-placed take profit protects both your money and your mind. Don’t let your wins dissolve into losses. With the right tools and the right mindset, you don’t just survive the market, you beat it. Start managing your profits today, not just your losses.
✨ Need a little love!
We pour love into every post your support keeps us inspired! 💛 Don’t be shy, we’d love to hear from you on comments. Big thanks , Mad Whale 🐋
📜Please make sure to do your own research before investing, and review the disclaimer provided at the end of each post.
Those daily +20% to +30% candles soon will appear!!Those Fibonacci levels which are last supports for healthy & #Bullish market are all touching i mean the 0.218$(0.5 #Fibonacci) & 0.202(0.61 #Fibonacci) and i think these supports are strong enough to stop the correction and soon again it will pump and even can break daily high near 0.42$ and hit targets like 0.5$ and 0.75$.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
ChainLink · Short-Term Correction (Retrace) · 2025 Bull MarketWe have evidence that ChainLink won't be moving much lower. There are mainly two reasons: 1) There aren't that many sellers and 2) we have strong support. We have an active support range between $14.5 and $15.95. This is the reversal point. Either current prices or this lower range which shows an intersection between two strong moving averages as well as Fib. retracement levels.
The rise between June and July has a stronger slope compared to the one before. The April-May rise was more spread out and so the correction lasts longer. The present one has a stronger slope, it is more steep, and thus a retrace will have a shorter duration because prices will continue growing.
Volume is extremely low on the drop and bearish momentum is not present. There can be one final flush reaching the levels mentioned above or lower on a wick and the market turns. The flush would make everything seen pretty bad and red but the truth is that this would be the end. When the major sell is in, the market turns around and moves the other way.
LINKUSDT is retracing within a bullish bias mid-term. Long-term growth is possible based on the bigger picture.
LINKUSDT is facing an intersection of multiple support zones, if these levels hold, we can see a resumption of the bullish move and prices grow. Each time a retrace is over, the bullish wave that follows will be many times stronger than the previous one until the bull market ends.
We are still looking at bottom prices. The best is yet to come.
Namaste.
Sui Update · Support Found, Moving AveragesWe will focus solely on the chart. As a move happens, there are always fluctuations, down and up. What determines the trend is not the short-term but the broader market move. When a pair is producing higher highs and higher lows, we are growing and going up. If there is a drop short-term, this is nothing more than a retrace because prices (profits) are rising mid- and long-term. This is the current situation and has been true for many months.
Each time Sui retraces, it finds support and then continues to grow.
SUIUSDT peaked 28-July, now five days ago. A classic retrace because after this date all days are red. Facing resistance led to immediately to a test of support. A test of support tends to lead to a new challenge of resistance.
SUIUSDT is working support at EMA89 and EMA55 daily, the same levels we had active on the last update. These levels seen to be holding strong so far and if they hold, we can see growth right away. Normally, support tends to be pierced briefly and then the market turns. So anything goes.
We can see a reversal happen now, or it can take a few days at most. The action is already happening at support and within a higher low. It can move a bit lower, but we are getting ready for the next bullish jump. This one will be a surprise and it will bring the entire market up. No excuses, no reason, just up.
Namaste.
Insider Selloff + Liquidity Sweep🔻 PENGU/USDT TRADE IDEA 🔻
📣 Hey CandleCraft crew!
Today we’re diving into a chilly little bird that flew a bit too close to the heat. 🐧 PENGU pumped hard — but when team wallets start dumping $17M worth of tokens, that’s not bullish, that’s suspicious. Think iceberg ahead.
🔥 TRADE SETUP
Bias: Short
Strategy: Insider Selloff + Liquidity Sweep
Entry: $0.036 – $0.038
SL: $0.041
TPs: $0.030, $0.025, $0.018
Why?
– HTF sweep of liquidity above $0.04
– Insider wallet moved 485M tokens to exchanges
– LTF CHoCH + RSI breakdown
– Price hovering under 20-day EMA with weakening volume.
Candle Craft | Signal. Structure. Execution.