BTC—Bearish Divergence Spotted BTC To Continue Fall?Bitcoin is near the $80k area. After making a high of $109,588 on 20th January, BTC has shown weaken momentum and an indication of plummeting from the peak.
Bitcoin has recently broken its support of the sideways range of $89,427.
Due to global tension and overall economic turbulence, BTC is witnessing a fall.
As per experts, this is a failure of the bull run in BTC.
Using the Relative Strength Index, we can observe the Bearish Divergence on BTC.
The next possible level for BTC to halt is near $73,690.
Let's see where BTC takes a halt.
Note: This is not a financial advice but an analysis to explain the current situation of BTC. Kindly consult your financial advisor before investing.
Cryptomarket
Bitcoin Has Dropped $20K in a Single Week! Where’s the Bottom?Hey followers,
Crazy times, huh? I was just looking at the Bitcoin chart, and I don’t see any other week in history with a $20K retracement, absolutely wild.
I haven’t done much BTC analysis lately, but the last time I did, I warned: “Money on your screen won’t feed your family—turn it into real gains.” Well, here we are. Once again, two simple criteria have proven their ability to predict profit-taking areas and potential corrections:
📌 Channel projection
📌 Equal waves
Now, with this massive sell-off, it’s time to hunt for strong support zones. Percent-wise, the weekly drop might not be extreme, but in raw dollar terms, it should be the biggest in BTC’s history. So, where could this madness stop?
For me, the 48K–$66K range is where things get interesting. Somewhere inside this zone, I expect a reaction, and I’ll be looking for possible reversal setups. Let’s break down the key reasons why this area is a potential landing spot:
🔹 1. Previous yearly highs acting as support
In 2021, Bitcoin saw two major sell-offs in the $60K–$70K range. Then, in early 2024, the same zone acted as a strong resistance before BTC finally broke through.
When a zone like this is left untested, it often pulls the price back like a magnet for a retest, a classic case of liquidity seeking validation. That’s why this area forms the foundation of my support box.
🔹 2. Short-term trendline alignment
This trendline, drawn from wick touches, is valid because the third touch happens higher than the peak between the first and second touches, comes to retest the trendline from higher high levels (HH). Even though it’s short-term, it perfectly aligns with the horizontal support zone, adding extra confluence.
🔹 3. 50% retracement from the all-time high
From my past crypto analysis, BTC loves its 50% retracements from all-time highs—like clockwork. And guess what? This level perfectly overlaps with the marked support zone, reinforcing its strength.
🔹 4. The psychological $50K level
Round numbers play a big role in trading, humans love them. Back in August 2024, $50K acted as a key level. I even mentioned on a local radio station earlier that year that buying the dip around here could be a smart move… and, well, lucky me, it worked out. :)
So once again, this simple but effective criterion strengthens the case for this area.
Putting all these criteria together:
Summary:
The more confluences in a single price zone, the stronger it is. Sure, we could add some fake trendlines or EMAs, but for me, price action and human psychology tell the real story. Think of it like tracking footprints in the snow, BTC leaves clues, and it’s our job to follow them.
- For long-term believers, this zone could be a solid place to accumulate more BTC.
- For those looking to enter Bitcoin for the first time, this is the area to watch.
What do you think? Are we heading lower, or...
🚀If you like the analysis, hit the boost as well🚀
Cheers,
Vaido
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TradeCityPro | SUSHI: Key Levels and Market Outlook👋 Welcome to TradeCity Pro!
In this analysis, I want to review SUSHI for you. SushiSwap is a DeFi protocol operating in the DEX sector, with its token currently ranked 195th on CoinMarketCap and a market cap of $58 million.
📅 Weekly Timeframe
On the weekly timeframe, we can see a consolidation box between $0.534 and $1.959. Since 2022, the price has been fluctuating within this range, forming a large consolidation zone, with multiple touches to both the upper and lower boundaries of this box.
🔍 As observed, in the last bullish leg, the price broke above the box's upper boundary with a large weekly candle. However, it quickly retraced back into the range after being rejected at $2.734, resulting in a fake breakout.
🧩 Currently, the price is near the lower boundary of the range at $0.534. If this support level breaks, the price could initiate another bearish leg and move toward a new all-time low (ATL). On the other hand, if the upper boundary of the box is broken and price stabilizes above it, we could see an upward movement in SUSHI.
⚡️ The largest and most significant resistance ahead is at $20.444, which is the all-time high (ATH). Reaching this level would be extremely difficult, as it would require a significant increase in market capitalization, meaning a substantial capital inflow into the coin.
✨ Let’s now analyze the daily timeframe to gain more insight into price movement.
📅 Daily Timeframe
On the daily timeframe, as seen in the last bullish leg, the price bounced from the $0.534 support and moved upward. After breaking $0.803, strong bullish momentum entered the market. Additionally, RSI reaching the oversold zone contributed to a stronger bullish push.
🔽 Following this movement, the fake breakout at $1.855 led to the start of a corrective and bearish phase, with the price initially declining to $1.347.
📊 After breaking below $1.347 and retesting it as resistance, the price entered another bearish leg, reaching $0.803. Currently, after some range-bound movement around this level, RSI has exited the oversold zone, and the price seems to be retesting this level as resistance.
✅ If RSI re-enters the oversold zone, the price could drop further to the lower boundary of the range at $0.534, which would not be a good sign for SUSHI. As observed, buying volume has significantly decreased, and most traders in this market are sellers.
🛒 For spot buying, I recommend avoiding this coin for now and waiting for a clear bullish structure to form. At a minimum, SUSHI should start showing strength against Bitcoin.
🧲 From a USDT perspective, if the upper boundary of the range ($1.855) breaks, then $2.734 could serve as a trigger for a buying opportunity.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the com
ROAD TO 130K !!!Now that Bitcoin is returning to the cup-and-handle support, one can expect a strong pump up to $130k . it might happen.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Check accuracy from last post, for BTC Here's an example demonstrating how BTC hits liquidity when you have the right knowledge to capitalize on it. Check my last post just a few points shy of the entry, but the speed at which it reached the target is incredible, showcasing both trend following and liquidity sweeping.
BTC Price Target #2: A Bounce Off the 200 MA or Golden PocketA case more bullish than an undoing of the move of BTC from $60K to six digits...
Price action could plausibly retrace to the 200d MA or Golden Pocket of the move from the 10/10/24 Swing Low and find support on either.
This case would likely play out as a violent wick down and v-shaped return to VAL of the volume profile. If we are talking a Golden Pocket retracement, a noteworthy CME Gap would be filled.
Litecoin Could Triple Against Bitcoin (LTC/BTC)As much as crypto annoys me these days, I can't help but still pay attention to this wild market.
There are some red flags - a lot of uncertainty and major paradigm shifts apparently looming on the horizon. Bitcoin has really slowed down, when it comes to price increases and volatility. It's also now associated with political polarization, as it has been predictably co-opted by wealthy interests, aimed at centralizing financial control and surveillance. Nevertheless, cryptocurrencies chug along.
I'll admit, I've always liked Litecoin. Maybe it's because it was the first cryptocurrency I bought where I realized, hey, Bitcoin isn't the best at what it's supposed to do. It was a lot faster and cheaper, and remains a preferred medium of exchange for crypto transfers. This is evidenced by its growing number of active addresses, when compared with Bitcoin's stagnation.
bitinfocharts.com
bitinfocharts.com
Bitcoin's growth has stagnated, when it comes to its use as a transfer of value, whereas Litecoin continues to grow slowly. Litecoin's active addresses are also only about 50% less when compared with Bitcoin, making its "adoption" not all too far behind.
Of course, there are probably many flaws with Litecoin, as there are with cryptocurrencies as a payment method in general, but when you look at the current crypto market cap and how much Litecoin is actually used, it seems to be undervalued when compared to all the other fluff out there.
It just works. Its max supply is also only 4x that of Bitcoin. It's unlikely to ever achieve a market cap similar, but even if it it goes 4x from here in USD terms (taking it just above its past ATH), its market cap would be the same as Dogecoin, around $37B. That's honestly pretty funny to me.
The only thing I like about crypto is that it's marginally better than a lotto ticket. Maybe if things get even more dystopian, owning some crypto isn't a terrible idea. Things are absurd as it is. I don't like it, but that's how things have been going.
For some quick technicals. Litecoin is on its strongest tear against ETH since 2018:
Litecoin also broke down from a major uptrend against the USD a while ago, but if it gets back in (currently above $170ish), it could fuel a pretty explosive rally.
Based on the above LTC/BTC chart, there is room for a pretty large upside correction.
HOWEVER, it's important to keep in mind that markets are fragile overall right now. If Bitcoin makes a sizeable correction, back down to $70-80k or deeper, Litecoin may drop down to some lows not seen in some time. It's also important to remember that serious upside for Litecoin has previously occurred near market tops.
This is not meant as financial advice! This represents my opinion and feelings about the markets, which are always evolving.
-Victor Cobra
ETH - Reclaim $3K Or Else I've spoken for a while about Ethereum's relative weakness. It continues to break down from long term uptrends. If price doesn't reverse this week's candle back to the upside soon, I think ETH is in danger of entering a longer term bear market, leading to sub-$1000 prices once again. More specifically, from a moving average and structure standpoint, I think ETH must reclaim the $3k level with confidence, or risk total free fall.
I don't need to spell out all the reasons I think crypto is NOT going to change the world for the better or be "disruptive" in a meaningful way, but I've exhausted all of my writing steam on the matter.
Some new environmental factors have emerged, however, which are much in line with what I've been concerned about over the last several years.
We can clearly see from a Macro standpoint that growth is stalling. Local governments and isolationism are starting to gain preference over globalization, in a large see-saw effect. In addition, Trump has further tarnished whatever neutral reputation crypto had gained on the global stage. I think institutions are even less likely to take this market seriously now.
There's pretty much air beneath here.
The crypto TOTAL market cap is now testing the highs from the previous bull market. It really should hold up here to avoid catastrophic damage:
TOTAL2 (altcoins and stables) is well below its previous all-time high, showing the potential for a truly failed bull market if things don't bounce around these levels.
ETH/BTC is already in free-fall mode. My guess is new lows for the ratio (below the 2019 levels)
Anyway, that's all from me. I won't be as long-winded as I used to be. Thanks for reading! As always, this is meant for speculation and entertainment only, and not as financial advice.
-Victor Cobra
Long Entry Signal for SUNDOG/USDT Based on the daily chart for SUNDOGUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you !
Daily Market Update.#ETHUSDI am providing a ethusd latest demand supply points where you can see and take Idia where market Will going and what will happened currently market trade at support if break this support we will see Down level to test market and give us trend change on these points.
Are You Understand My Daily Analysis If You Understand Then Thumbs Up In Comments!
Long Entry Signal for AGLD/USDTBased on the daily chart for AGLDUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Bitcoin Update: Critical Support & Elliott Wave Levels To WatchBitcoin here is the thing...
1. For now drop is not impulsive, so can be correction
2. 4th wave pullbacks will ideally stabilize near 50/38.2%. Just testing the important zone 77k-85k
3. Old high and unfilled gap are crucial to cause a bounce, otherwise the major high is in
4. You don't want to see this fourth wave breaking the lowest base channel line, otherwise top is in.
5. Bullish resumption for wave 5 when/if 93700 overlaps
6. This market wont go up unless risk-on is back
GH
Long Entry Signal for GRASS/USDT Based on the daily chart for GRASSUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you!
Long Entry Signal for DEXE/USDT Based on the daily chart for DEXEUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Bitcoin (BTCUSD) Analysis: Critical Decision Zone
Market Structure & Trend
The price is currently trading within a parallel descending channel.
It recently tested the parallel channel support, which has been respected in the past (marked with green circles).
A temporary bounce has occurred, but the structure remains bearish until a breakout confirms a shift in momentum.
Key Levels to Watch
Support Zone : Around $83,000 - $85,000, where price reacted strongly.
Resistance Zone : Around $89,000 - $91,000 (highlighted in purple), a key rejection area.
Major Downside Target:
If price fails to hold above support, it could drop towards $75,000 - $78,000.
Possible Scenarios
✅ Bullish Scenario
If BTC breaks above the purple resistance zone and reclaims the mid-channel trendline, we could see a move towards $95,000 - $100,000.
A strong breakout with volume confirmation will validate this bullish reversal.
❌ Bearish Scenario
If BTC faces rejection at the resistance zone and fails to hold above the parallel channel support, a further drop towards $78,000 - $75,000 is likely.
Confirmation of bearish momentum would come with a lower low formation.
Conclusion
Bitcoin is at a critical decision point.
Breakout above $91K = bullish continuation.
Rejection & break below FWB:83K = deeper correction ahead.
Traders should wait for confirmation before entering trades.
Disclaimer : This analysis is for educational purposes only and does not constitute financial advice.
Trading involves risk, and you should conduct your own research before making any investment decisions. Trade responsibly.
OL/USDT Long Re-entry signal
On February 15th, we received an entry signal when the PSAR turned bullish. On February 18th, the PSAR was hit, signaling an exit. On February 22nd, the day closed above the initial entry level from February 15th. This gives us a potential opportunity to enter again since we had a close above the original entry signal. You can enter now or wait for the daily close; it’s your choice.
However, there is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or potential profit-taking opportunities.
Thank you!
Long Entry Signal for PROM/USDTBased on the daily chart for PROMUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long Signal Entry for ACH/USDT
Based on the daily chart for ACHUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position. You can enter now or wait for the close of the day, depending on your availability. Waiting for the close of the day would be preferred to confirm the trend.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or potential profit-taking opportunities.
Bitcoin Rally in a few months...The price has been ranging for a few months and will last another few months.
It's time!!! The rally is coming soon, time to accumulate for investors and its time for teachers to grab the boat and ride.
BITSTAMP:BTCUSD
Here's the reason why you need to enter now:
Accumulation phase: Bitcoin’s price and on-chain metrics, such as active addresses and long-term holder supply, support this phase.
Market Cap: Bitcoin’s market cap remains significantly below its ATH.
Historical Cycles: Bitcoin’s historical price patterns and market behavior often align with future rallies after accumulation.
Inflation Hedge: Bitcoin is widely considered a hedge against inflation and is gaining adoption globally.
&
Technological Growth: Developments like the Lightning Network and increased scalability are factual and ongoing.
Good luck!