Bitcoin Update • Resistance Turned Support · TOP Altcoins ChoiceTraders hedge for a Bitcoin drop below $100,000?
Meanwhile, Bitcoin is rising trading above 115K. Resistance turned support.
The last all-time high turned out to work as support this time.
The retrace from 123,000 to 115,000 amounts to a 6.5% decline, which simply means that Bitcoin is trading at or near resistance. Staying close to resistance after a new all-time high is major signal of strength. A bearish signal would only become real if a high volume drop develops or Bitcoin closes weekly below 110,000. This isn't happening right now so the bulls win.
Are you a bull? You win.
I am a bull. I win.
👉 As Bitcoin continues bullish the altcoins market will continue to grow. Knowing this, which one is your Top Altcoin Choice ?
👉 Leave a comment with your favorite altcoin.
I will do a full analysis for you and publish in my profile.
If the chart doesn't look great, I might reply right here in the comments section.
Thanks a lot for the continued support. It is appreciated.
Let's play again.
Let's trade again.
Together we can win.
Success, profits and growth long-term.
Namaste.
Altcoins
Dogecoin Turns Bullish · Leveraged Trade · 3320% Potential @8XThe support zone is the 0.618 - 0.786 Fib. retracement levels marked blue and purple on the chart. We can clearly see two hammers (candlestick patterns), last week and this week. We can see the higher lows but also the broader rising channel structure. We can also see the even bigger structure coming from the low in 2024. In short, a long-term bullish cycle unfolding right in front of our eyes... Dogecoin is going up.
I am approaching this pair for my people with high leverage. High leverage means high risk. At the same time, we also have a very high potential for reward. The last target goes beyond 3,000%.
You don't have to go for all the targets nor all the lev. You can use lower leverage for less risk, more stability and peace of mind. You can do 2-3X and this would be a safe trade setup. You can do 4-5X for mild risk but still a strong potential for reward. And finally, you can do 6-8X as an expert knowing that you can get liquidated in a flash. All money can be gone. But, if my timing is right, you can end up with a position so strong that regardless of what happens after the breakout, sell early or late, you will be happy with the results.
It is always tricky, but we continue to learn and improve. Here we can see what is possible. Knowing what is possible, planning, preparing and taking action in the right way, we can achieve our goals and quit our day-job.
Trading is no different to any other profession/work, it takes time, practice, patience and dedication. The only difference is that here when you get it right you are rewarded for the long haul. Once you learn how to trade, that is, learn to play the market at its own rhythm, you can collect as much money as you want. It is true, but it takes years of hard work.
Here we have Dogecoin again. Will it grow? Will it crash?
Time will tell, but my money is on prices going up.
My money, my rep, my trust.
Let's see... Let's wait and see.
Not all trades are meant to be won.
If you follow capital allocation and a good strategy, you are able to take in the losses that are inevitable and still win big at the end of the game.
Remember, it is not about winning the all; it is about winning big, it is about winning over and over; it is about creating the habit of winning and this habit will make all the time and effort we invest in this venture worth it. It is not about being right, it is about getting paid.
With the right mindset and a little bit of patience... We can do this!
Namaste.
Ethereum Ready to Attack Resistances — Time to Long ETH?Ethereum ( BINANCE:ETHUSDT ) fell to the Support zone($3,538-$3,442) and Support lines as I expected in the previous idea .
Ethereum is currently trading near the Support zone($3,538-$3,442) , Support lines , and Cumulative Long Liquidation Leverage($3,559-$3,524) .
In terms of Elliott Wave theory , it seems that Ethereum has completed the main wave 4 . The main wave 4 has an Expanding Flat structure(ABC/3-3-5) . To confirm the main wave 4, we must wait for the Resistance zone($3,771-$3,677) and Resistance lines to be broken.
I expect Ethereum to trend higher in the coming hours and attack the Resistance lines and Resistance zone($3,771-$3,677) .
Cumulative Short Liquidation Leverage: $3,672-$3,645
Note: Stop Loss: $3,450 =Worst
Please respect each other's ideas and express them politely if you agree or disagree.
Ethereum Analyze (ETHUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
OM Prepares Recovery Catastrophic Crash · 2,000% Easy PotentialMantraDAO (OM) performed a catastrophic crash in April and the bottom was hit in June. Keep in mind that it doesn't matter how hard a project crashes, it tends always to recover.
Once upon a time Solana produced a major, major crash and people started to run away. I saw this as an amazing opportunity and recommend buy for Solana when it was below $20 and guess what happened next? Solana is today one of the top performers.
When a project produces a very strong crash, for one reason or the other, it tends to recover strongly at the next market cycle. The action tends to move back to the previous high or the baseline.
OMUSDT found support exactly where there was a stop in February 2024. The launchpad for the final leg-up of the previous bullish cycle. When I saw this same level activated perfectly, it called my attention. What do you see?
Resistance (the last high) turns into support. Support (February 2024) stays support. Long-term support tends to work over and over and here we have a long-term one.
The action short-term has already many of the classic reversal signals. After the main drop in April we had some lower lows as an ending diagonal. Then the main low is followed by a higher low, rising volume and marketwide action heating up.
It is here...
We are here...
It is happening now...
Crypto is going up.
Prepare for the ride, prepare for the profits and prepare for the fun.
It will be wild... You will be extremely happy with the results.
MantraDAO is set to grow.
Buy when prices are low.
Namaste.
Hashflow Already Hit Bottom, I Can Prove It · 1,300% PPThe bottom is in. I can prove it and you will agree.
Good afternoon my fellow Cryptocurrency trader, how are you feeling in this wonderful day?
Hashflow (HFT) has been dropping since February 2023, a major decline but there is good news, just recently market conditions and price action dynamics started to change. Come April 2025 a downtrend is no more. Instead, when a new low was hit in June the chart ended as a double-bottom rather than a bearish impulse. And this is not all.
After the low in June 2025, the market bottom and all-time low, HFTUSDT produced the highest volume ever in a single week, by far the highest. Even higher than the first week of trading which tends to have the highest volume. And this confirms the bottom is in.
A downtrend ends, the bottom is confirmed. This combination reveals what comes next. Yes! A major bullish rise, a bullish impulse, a bullish cycle, a bullish wave. These are all the names for what you are about to experience next.
It is very simple actually, the market moves in cycles and within these cycles we have waves. The market was going down, long-term, as soon as the downturn is over we get a growing phase. Hashflow is set to grow.
Thank you for reading.
Namaste.
Polygon · Bottom, Recovery & 5,000% Growth PotentialPolygon has been bullish since April, clearly rising from its base for months. Now this Cryptocurrency trading pair is preparing for a new phase and market cycle. It is preparing for its 2025 bull market wave.
Polygon after a major drop produced a clear bottom and higher lows. This process has been active now four 120 days/4 months. This is a long consolidation period and there are no new lows, clearly. A rising triangle as a reversal signal is also present on the chart.
The accumulation period has been lasting, we can see how patience is key for success. Who would be able to hold for four long months? Who is still holding wise for 120 days?
Well, those who wait get paid. Those who waited will get paid but there is no need to wait because you can still buy and profit from the incoming bullish wave. The difference is that prices are higher now so growth potential is limited compared to several months in the past, that's how it works. The market builds up strength slowly and as this strength is being built prices grow.
When there is enough strength, enough interest and enough growth, the masses enter the market and this produces a major bull run. I've been warning you, we are getting very close. The action is already happening now, don't be surprised when you see a 300%+ bullish jump. That is exactly what is coming and it will all happen within a few months.
Expect 500% to start but aim for 1,000%, 2,000% and in some cases even more. Many good, strong and reputable pairs will grow 3,000%, 4,000% or 5,000%. Polygon will be one of the big ones.
Thanks a lot for your continued support.
Namaste.
Sun Token Prepares Major Rise · No ResistanceSun Token (SUN) has been rising. It has been rising short-term, long-term and at all times. It has been green now seven weeks and I am publishing because I see a major advance starting. Something like August 2024 or February-March 2024. Something like this.
SUNUSDT hit bottom November 2022 and it has been growing since. The main low happened November 2022, then August 2024 and finally April 2025. All higher lows of course and a very strong chart.
SUNUSDT is a strong buy and already moving up, but what is about to happen is when bullish momentum grows. Something like a surprise move because it is so strong.
That's what I see based on the many weeks of bullish consolidation. When prices are rising slowly, not one sell. Everything is always buying. This pattern always reveals a clear bullish bias and leads to a strong bullish breakout.
The action is happening above all moving average with strong oscillators also, that is, all the classic signals are present on this chart and already confirmed bullish. Let's see how it goes in the coming months but my money is that you will be seeing much higher prices, everything is about to grow really strong.
Namaste.
BTCD Bear Market Confirmed · Altcoins Bull Market ConfirmedThis is a rising wedge pattern and it broke for the first time after 792 days. We are looking at Bitcoin Dominance (BTC.D) on the monthly timeframe, super long-term.
A classic long-term double-bottom in 2022 launched a massive uptrend. This uptrend developed within a perfect rising wedge. Last month BTC.D broke this pattern with a full red candle and the highest volume since November 2024.
To add some perspective, the highest volume months were last month (red) and November 2024 (red). The highest volume before these two only happened during the climax of the 2021 bull market, so you can have an idea how strong the volume is this time around.
Since Bitcoin Dominance has an inverse relation with the growth in prices of the Cryptocurrency an Altcoins market, when Bitcoin Dominance was ultra bearish and crashing down, 2021, the Cryptocurrency market was ultra bullish and moving up. Seeing this major long-term signal, the highest bearish volume month to break a 792 days long uptrend, reveals the start of another major crash on this index. The major crash on this index is the confirmation of the late 2025 altcoins bull market.
Bitcoin and the altcoins market will continue growing on all terms.
Thanks a lot for your continued support.
If you agree, leave a comment.
Namaste.
Litecoin Hits a New High · Update · Highest Price in 5 MonthsToday Litecoin hit its highest price in more than five months, since March 2025. Soon Litecoin will break its December 2024 high and produce the highest prices since the last bull market, 2021. We are getting very close now.
A few weeks back the market was in a similar situation, doubt started to creep in and people wondered if the market was set to endure a long-term correction or resume higher. We used Bitcoin Cash which was moving ahead to prove the rest of the market would do the same and it happened as predicted. Before Bitcoin Cash, further back, we used XRP and it worked.
Today we are looking at Litecoin and the action this chart is showing matches additional growth. While some pairs are retracing or consolidating, others continue to move ahead. This only happens in a bull market, and, when Bitcoin retraces while the altcoins continue to grow, this is a sure sign that the bulls are buying and the market expects additional growth.
Additional growth but remember retraces will always be present along the way. The market grows steadily but it takes time. Five steps: three steps forward, two step back. Allow time for variations. Retraces and corrections are an opportunity to rebuy and reload.
Secure profits when prices are up; buy back at support.
Sell when prices are high; sell when the market is green.
Sell when everything feels fine and great.
Buy when prices are low; buy when the market is red.
Buy when everything feels down and depressed.
Go against the market impulse. Make your decisions based on information. The market is growing and set to continue growing long-term. Choose wisely and let the market take care of the rest.
Namaste.
DOGE Breakout?After a 13 day rally and a 12 day pullback, could DOGE be breaking out and confirming a new 4H trading range?
After a bounce off the bullish orderblock DOGE has broken out of the diagonal downtrend, then pulled back to retest the previous diagonal resistance level as new support. This is a textbook breakout play & retest but this doesn't 100% guarantee the breakout will be successful. Should it be a successful breakout Local Resistance is the first clear level of interest for the bears to fight back.
This type of setup does give a clear invalidation should price fall back into the downtrend with acceptance. A fakeout could also lead to a loss of the Major Support level, that would introduce a potential revisit of $0.166.
SYRUP · Higher & HigherI can see this one rising and rising and somehow I think I am not the only one that can see it. Can you see it? I see SYRUP going up and it is as if it is already happening.
Technical analysis
A several month long support is holding now. This support range was tested twice in the past and both times a bullish move developed. Now is the third time and after this support zone was activated SYRUPUSDT has been closing green. Today will be the third green day and when this happens we know what happens and what happens is that the market tends to grow really strong in the ensuing days. It gets bigger and bigger and it happens all the time. It happens after the correction or retrace ends.
A retrace just ended lasting a total of 8 days. From 25-July through 2-August. A very short retrace but the next will be a higher high and the bullish wave will be nothing like the retrace. The bullish side is many times stronger and the market will blow up next. It can take some time to start but as momentum grows, expect to see a pattern of rising prices.
Thank you for reading.
Namaste.
ETH | Ethereum Game Plan - Swing Long IdeaETH | Ethereum Game Plan - Swing Long Idea
📊 Market Sentiment
Market sentiment remains bullish, supported by expectations of a 0.25% rate cut at the upcoming FOMC meeting. The weakening USD and rising risk appetite across global markets are favoring crypto assets in particular.
📈 Technical Analysis
Price swept the range low (Weekly Fair Value Gap), resulting in a deviation.
It then aggressively reclaimed higher levels and closed above key resistance.
A 12H demand zone was formed during this move.
We’re now seeing a retracement towards that 12H demand zone.
📌 Game Plan
I’m looking for price to hit the 12H demand zone at $3,530 and show a strong reaction.
This level is also below the 0.5 Fibonacci retracement, placing it in the discount area — an ideal entry zone for me.
🎯 Setup Trigger
After price taps the demand zone, I want to see a 1H–4H bullish break of structure to confirm the reversal before entering.
📋 Trade Management
Stoploss: Below 1H–4H swing low
Targets:
• TP1: $3,872
• TP2: $4,090
I’ll trail my stop to lock in profits aggressively as price moves in my favor.
💬 Like, follow, and comment if this breakdown supports your trading!
More setups and market insights coming soon — stay connected!
SHIB/USDT: Will the Bulls Win?Over the next seven days, SHIB/USDT is likely to consolidate within a range around $0.0000122 to $0.0000132. If it breaks above the 200‑day EMA (~$0.0000145) and trading volume rises, SHIB could climb toward $0.0000150–$0.0000152.
However, failure to hold $0.0000120–$0.0000122 support may lead to a downturn toward $0.0000118 or lower...
Factors That Could Influence the Path
-Investor behavior – Whale activity and institutional purchasing are key; recently high volume hinted at institutional positioning
-Network events – Any burn campaigns or Shibarium adoption updates could spur bullish movement.
-Market sentiment – Overall crypto risk appetite matters; a bearish broader market may weigh on SHIB despite upcoming support.
-Competitive tokens – Alternatives like Little Pepe (LILPEPE) or PEPE Coin are garnering attention, which might divert speculative capital
Risk & Summary:
*Moderate upside potential if momentum continues up to ~20% gain from current levels.
*Downside limited to ~3–5% if support fails.
*Short‑term behavior will largely depend on volume, burn incentives, and broader crypto sentiment.
SOL | Solana Game Plan - Swing Long IdeaSOL | Solana Game Plan - Swing Long Idea
📊 Market Sentiment
Market sentiment remains bullish, supported by expectations of a 0.25% rate cut at the upcoming FOMC meeting. The weakening USD and rising risk appetite across global markets continue to favor crypto assets.
We’re currently seeing a minor retracement, primarily driven by the Nasdaq’s pullback — but the overall outlook for the crypto market remains bullish in the weeks ahead.
📈 Technical Analysis
Price was rejected from the HTF bearish trendline near $207 and is now retracing.
The retracement aligns with a HTF bullish trendline, which I believe could spark a strong move to the upside.
This area also aligns with the 0.5 Fibonacci retracement level (discount zone) and a HTF demand zone — forming a strong confluence for a potential bounce.
📌 Game Plan
I want to see price hit the HTF demand zone at $152 (purple box).
It should also tap the bullish trendline.
The zone aligns with the 0.5 Fibonacci level — my key discount area.
🎯 Setup Trigger
After these levels are tagged, I’ll be looking for a 4H bullish break of structure, which should also form a new 4H demand zone for confirmation.
📋 Trade Management
Stoploss: Below swing low of the 4H demand zone
Targets:
• TP1: $188
• TP2: $207
• TP3: $297
I’ll trail my stop to lock in profits aggressively as price moves in my favor.
💬 Like, follow, and comment if this breakdown supports your trading!
More setups and market insights coming soon — stay connected!
Alt Season? Buy dips, then run it turbo. 1400 days...? Then up. It took exactly 1400 days from the previous all time high (ATH) set in alts (excluding BTC) in early Jan 2018 to break that level again in 2021 to form our current all time high resistance.
Alts have tapped the ATH set in 2021 3-4 times. And it will be 1400 days since the last all time high on September 1st.
Why do you think this time will be different?
I don't control the tape, but I trade it.
August maybe soft, but you'll remember this September and we'll be in funky town james brown price discovery before you know it. Just dont blow it. Buy liquidations and what's going up. By early Jan you'll be the man.
$FET is back in the zone that sparked 15,000%+ rallies?NYSE:FET is back in the zone that sparked 15,000%+ rallies. Same setup. 50x incoming?
FET continues to respect its multi-year ascending channel structure, active since 2020.
Price Action History:
🔹 Wave 1 (2020–2021): +15,600% rally from channel support to resistance
🔹 Wave 2 (2022–2024): +6,400% move following a similar breakout pattern.
🔹 Current Cycle (2025): Price is consolidating in the same accumulation range of $0.35–$0.65.
Key Demand Zone: $0.35–$0.65
Upside Target: ~$24.00 (5,000%+ potential)
🔻 Breakdown Level: Below $0.35 = Structure invalidation
Structure Insight:
Each macro move begins with:
🔹 Accumulation at channel support
🔹 Break of falling trendline
🔹 Aggressive expansion toward the upper boundary
The projected Wave 3 follows this same path if demand zone holds. The structure remains bullish as long as price stays above $0.35.
FET is trading at a high probability accumulation level within a valid macro trend. If history repeats, this could be the next major leg up.
✅ Favor long accumulation strategies
❌ Exit plan needed below $0.35
NFa & DYOR
Will MNT/USDT 5x to 10x Potential Post BreakoutTSX:MNT Forming Bullish Structure – 5x to 10x Potential Post Breakout
#MNT is currently trading very close to a major resistance level at $0.82.
We’re waiting for a clean breakout above this zone. Once confirmed, price can potentially deliver a 5x–10x move in the coming days.
If price retraces, the best long-term entry zone would be around $0.70–$0.60 — right inside the accumulation box.
This bull run has strong structural support around $0.55–$0.50. As long as we stay above this zone, we remain highly confident in the upside move toward $5.
Key levels to watch:
Accumulation Zone: $0.60 – $0.70
Resistance: $0.82
Support: $0.50 – $0.55
Bull Run Targets: $1.42 / $3 / $5
NFA & DYOR
Altcoins Recovering: TOTAL3 Bounces from Key Support ZoneIn my previous analysis on TOTAL3, I mentioned that I'm working with two possible bullish scenarios for altcoins. It now seems we're firmly in Scenario #2.
📉 The price dropped exactly into the highlighted support zone, then yesterday we saw a clean recovery and reversal starting right from that area — a textbook technical reaction.
📈 At the time of writing, TOTAL3 sits at $986B, and a break above the $995B–$1T resistance could trigger a new leg up for altcoins.
🎯 Short- and mid-term targets remain:
• $1.08T (recent top)
• $1.15T
• Potential for new all-time highs if momentum builds
✅ As long as price holds above the $920–$930B support zone, bulls remain in control. This keeps the door open for selective altcoin entries — ideally, projects with real structure, strong tokenomics, and clear momentum.
Initia · Higher Highs & Higher Lows, The Market GrowsI can see it moving. I can clearly see the end of a bearish move and trading conditions being 100% different to just a few months back.
I can see the difference between the down period and the sideways period. Initia is no longer going down, the bottom has become flat. I can see the change. Change implies something different will happen and this is the market going up. It is no longer down, it has been sideways and now looking to change. A major rise is upon us. This chart can be used as a short-term trade setup.
Here is another one, notice the low 2-August. We have a higher low compared 8-July and the action is already happening back above the 22-June low which was a main low. Some pairs produced a strong higher low two days ago and I mentioned that the possibility exists for lower prices before rising. Here you can see why lower prices is not the most likely scenario. The market already hit bottom and is recovering and the recent bottom was a higher low. For a lower low, we know this last low would have been pierced as support and then taken out. The fact that it wasn't even tested is a signal of strength.
We still have to wait, but market conditions are looking good and we experienced only a very small retrace. It is normal, the market will continue to rise but as it rises prices will continue to fluctuate. A retrace can last 3 days but it can also last 2-3 weeks. A correction can last 2-3 weeks but sometimes it can extend into several months.
What we need to know is that these fluctuations are temporary and for as long as the market is bullish, each time the drop stops we get a new wave of growth. Each wave will produce a higher high and in this way the market grows.
Namaste.
Dogecoin Bullish · $0.70 & 240% Profits PotentialThis is a great chart setup and I can even say it looks better than Cardano, but why? Because prices are lower, therefore there is more room available for growth. So it really depends on how you look at it.
Seeing Dogecoin producing a rising channel is good, but knowing that prices are still really low compared to the last high (December 2024) and also compared to the all-time high tells us that there is still plenty of room available for growth and it is early. The rising channel after the correction ended reveals that the market—traders, holders, investors, etc.—are buying and accumulating for what comes next. Can be anything, but everybody is already buying...
The current higher low support was found right in-between 0.618 and 0.786 Fib. retracement levels. Here marked with blue dotted and purple dotted lines.
We could say that it is possible to see two to three days green followed by another low, a lower low, and this is definitely possible but there is no bearish momentum, no sell side force. And thus we can conclude on an early end for this retrace. Another reason is the fact that the rise is more steep now compared to April, so the retrace should also be more steep and have a shorter lifespan. Agree, agree, agreed.
Dogecoin produced a perfect channel with higher highs and higher lows, the next move is a major jump with resistance at $0.70 and total growth potential reaching 240%. We can continue with this pattern and track the market long-term. It is what I do; it is what we have been doing for countless years now... And we are only getting started.
The best is yet to come.
Thank you for reading.
Namaste.
Cardano Higher High Hidden Signal Confirmed · UpdateGood news. We already have a higher low and Cardano back into the long-term accumulation zone but on the bullish side. You know a channel has a middle portion always and the lower portion relates to the bears while the upper portion is owned by the bulls. This is the good news, Cardano is staying safely, nicely on the bullish side of the 2025 consolidation channel. Cardano has been in this range almost the entire year but everything looks great.
The broader bias is bullish based on the strong advance late last year. This was a strong advance and every strong move needs to be consolidated before anything else happens. This is the correction followed by sideways action. After this phase is over, now, then we see a new move develop, the continuation of the previous move—the bullish wave.
We have 140% profits potential (PP) to $1.83 but this is still some middle way, mild, middle portion move. The market will continue to heat up, evolve and grow and as this happens we will be taking out several resistance zones and with these gone we can expect higher prices and finally the new all-time high we have been waiting for for so long. Patience of course.
Chart: Cardano (ADAUSDT) Daily Timeframe with MA200
Notice just three days below MA200 and now back above this level. In the past when ADAUSDT moved below MA200 it would stay months below this level. This time it was pierced briefly and the action moves back above. This means that the bulls are in control.
The retrace was short, small and low volume which means weak. Weak bears, weak sellers means that we are bullish and bullish means green.
With all this said and done, you can expect growth for months. Continue to buy, continue to trust and continue to hold. You will be happy with the results. Crypto is going up.
Energy for all readers. Let's grow together, let's be open, learn and share. The best is yet to come. You are special. You are a divine living being and you deserve the best... Thanks a lot for your continued support.
Namaste.
XRP Update · Support Confirmed · Not $4, Now $6 & HigherIt is true our next target is $4.5 but this isn't the final target anymore. Based on what I am seeing coming from the chart and what is happening marketwide, we have to continue to expand while aiming higher, each time, adapting to market conditions.
The next target for our XRPUSDT track and trade is now at $6.27, let's read the chart.
First, do what you need to secure profits, your trade, your position; and do your own thing. I you alert of the opportunity, great entry price and timing but it is up to you to plan, take profits and adapt your trading to your own individual conditions. All is good and we are doing great. Notice how the market continues to perform awesome just as expected and notice how we indeed are getting more; and more. This is not the start, XRP is already pretty advanced in its bullish cycle but this isn't the end either. There is plenty of room left available for much more growth.
Yesterday support was found exactly above 0.618 at $2.71. These levels were there before the retrace so we know based on what Fib. proportions XRP is moving. We know exactly where to find resistance and support.
As soon as support was activated the same day we got a full green candle and the break of another resistance. Today full green again. Normally, people would still say that it is early and wait for confirmation; not me, I told you the retrace would be fast and end within days. Seeing the action as it is today, we can confirm the resumption of the bullish move. This means higher prices and higher prices in the chart can translate into weeks of bullish action. Week after week after week. Some retraces and corrections will invariably show up, always small followed by additional growth.
This is the 2025 bull market. Still early, the best is yet to come.
Bullish momentum will grow and a massive force will take over the market. This force is likely to be with us for months and at this point everything will grow. This same energy will remain with us for years and we have to make the most of this cycle.
Be ready, be prepared, maximize profits and continue to buy, to hold and to trade long-term. The more we practice the more we learn.
The more we learn more money we can make. With more money, we can meditate more and with more meditation we can improve our results. The conclusion is abundance and with financial abundance we can materialize the type of life we want. It can be anything, but you will be rewarded based on your insistence, persistence and hard work.
Patience is key.
Thanks a lot for your continued support.
Namaste.
Bitcoin Dominance Update · Daily TimeframeThe rejection is happening right at "strong resistance." Notice that this is the same drawing from my previous update so it was drawn before the fact. Since resistance has been confirmed and the action is happening just as we expected, we can continue to follow our map as it is working.
The next logical move is a drop on Bitcoin Dominance Index (BTC.D), which translates into the resumption of the bullish wave for the altcoins, specially Ethereum and the big projects. It can also signal that Bitcoin will stop dropping and will either consolidate or move higher. This index reveals more than anything else the expected directions of the altcoins.
The retrace is over
The altcoins produced a retrace mainly between 21-July and the 2nd of August. In this period we saw many of the altcoins we are buying and holding move lower but only to produce a strong higher low. This higher low now will resolve into a very strong bullish wave, a bullish resumption.
Moving averages
Here MA200 daily has also been confirmed as resistance and trading below this indicator with a bearish bias, coming from a high point, gives out a very strong bearish signal. It means that long-term bearish action is now in place, the direction/trend. If the action was happening below MA200 but coming from a low point, this signal can have bullish connotations, right now it is bearish.
Bearish Bitcoin Dominance = Bullish Altcoins
The altcoins market will continue to grow, this is only the start. We are set to see growth long-term including now, next week, next month and until late 2025; maybe even for some portion of 2026, maybe even beyond.
Thank you for reading.
Namaste.