Cryptorphic

Cryptorphic Updated 

#BTC Weekly Update: Bitcoin's weekly chart is looking strong. IMHO, the risk of not being invested at this stage is higher than the risk of being invested. Everything is aligning well when we analyze these fractals. This current bull market has been different from previous cycles, with Bitcoin underperforming compared to earlier runs, but that only makes this...

Cryptorphic

Initial rejection in play. Price has been rejected four times at this level, weakening the resistance zone over time. The dark grey resistance area needs to be taken out by the bulls for any sustained upside movement. Given the repeated tests, this zone will likely break sooner rather than later. Just to be clear I’m not leaning bearish. This still looks like a...

Cryptorphic

$Tether is approaching a key resistance level. A rejection here could trigger a temporary recovery in the broader market. This rejection may signal a potential trend reversal if confirmed on higher timeframes. However, a break above this resistance would likely mean no altseason for the next few months possibly until the end of the year. If you found this...

Cryptorphic

Valuation Correction or the Start of a Breakdown? Zoom out. Clear the noise. We might still sweep the lows, but when viewed on the weekly timeframe, this current S&P 500 move looks more like a healthy valuation correction than a structural breakdown. Let’s break it down by the numbers using fractal analysis: 🟩 March 2020 (COVID Crash): ▪️~35% drop ...

Cryptorphic Updated 

#Bitcoin : BTC is in a tight spot right now. It failed to break above the 50 and 100 EMAs and is currently trying to hold above the 200 EMA. That’s the last major support keeping it together at the moment. The good news? We’re likely approaching a bottom soon. Let’s see how the weekly candle closes. Close below 82k will be a bad signalling the short term....

Cryptorphic

🧨 USDT Dominance on the verge of Breaking Out? USDT dominance just hit major resistance near 6.02% – and it’s trying to break out of a long-term downtrend. ⚠️ If it breaks and holds above, it means money is flowing out of crypto and into stablecoins – a big risk-off signal. What it means for the market: Altcoins could dump harder ETH/BTC could weaken Overall...

Cryptorphic

📉 ETH/USDT Weekly Breakdown – Major Support Lost Ethereum broke down from a 1,885-day ascending trendline support, confirming a significant structural shift. The weekly closed at $1,707 (-4.2%), but within just four hours of the close, ETH dropped another 14.8%, hitting $1,543 – a clear sign of weakness and market uncertainty. 🟢 Support Levels to Watch: $1,348...

Cryptorphic

BTC Dominance Update by Cryptorphic 🚨 Crossover Alert 🚨 Looking at the current BTC Dominance chart, we can see that the 21 WMA (Blue) and the 50 WMA (Red) are moving almost parallel to each other. A key moment to watch for is when the 21 WMA crosses below the 50 WMA. This will be a strong confirmation of a potential trend reversal. 🔴 Historical Context: -...

Cryptorphic Updated 

#BTC has reached our key resistance zone, the exact area I've been highlighting since last week. So far, we've seen a clear rejection from this level. Bitcoin still needs more momentum to break above this zone convincingly. As long as we remain below this range, it won’t be smooth sailing for BTC or altcoins. 📊 I’ll be sharing some important altcoin charts...

Cryptorphic

📊 ETH/USDT Weekly Chart – Bullish Bounce! Ethereum just printed a strong bounce from the macro ascending trendline, holding structure since 2020. This confirms continued bullish strength on the higher timeframe. 🔥 🔹 Key Highlights: Price is pushing up slowly to hit the major weekly resistance around $2800. Next bullish target: $2,800 resistance zone, also...

Cryptorphic Updated 

🚨 FOMC Day Update – March 19, 2025 🚨 BTC at ~$83,244 (+0.28%–1%) as markets stay cautious. Fear & Greed at 23, RSI at 44.05 = neutral momentum. While BTC is trading below all significant EMs, 50 100 and 200, It has broken above the 21EMA which is bullish for the short term. Fed likely to hold rates at 4.25%–4.50% (99% odds) – a surprise cut could ignite a BTC...

Cryptorphic

BTC has successfully cleared the Fair Value Gap (FVG) from October 2024. The range has been tested, and we are now witnessing some sideways movement in lower time frames (LTF). The $93.2K level remains the most critical resistance for now. Historically, Bitcoin has seen 29% to 32% corrections right before the final wave. It's also important to note that the...

Cryptorphic Updated 

BTC Trade Setup – LTF Breakout Bitcoin has broken out of an Inverse Head and Shoulders pattern and is currently retesting the breakout level. Entry: Opened a small long position after BTC confirmed the breakout. Stop Loss (SL): $81,660 (Invalidation level) Targets: - $84,600 - $85,880 - $86,958 - $87,932 - $89,887 The setup looks solid for...

Cryptorphic Updated 

Ethereum ( CRYPTOCAP:ETH ) is currently trading at a 261-week-old support level, making this a crucial zone for the market. Earlier, ETH dipped to $1,754, a price level that has historically been significant. This could very well mark the bottom for ETH and potentially for altcoins. However, it's still too early to confirm. The next two weekly candles will be...

Cryptorphic

#BTC failed to break above resistance (old news, I know). For now, the 50-Week EMA is holding as support. We’re likely to bottom around $70K, which aligns with the CME gap and FVG across multiple timeframes. Patience is key. Do hit that .like button if you like these short, spot on updates. Thank you #PEACE

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Solana is down 57% from its peak and is currently trading just below the 63-week support level. This is a crucial level! The last weekly candle closed right above the support, but for now, it seems we’ll need to wait a few more days for more clarity. It could either turn into a nice juicy dip or signal the start of a bearish price action. I personally think it's...

Cryptorphic

BTC is currently trading below the 50 EMA, 100 EMA, and 200 EMA in the 4-hour chart. This is not ideal for the price action, and $93k has now become a strong resistance level. The pattern appears to be setting up for a breakout soon. While it won’t be easy, it’s entirely possible we break to the upside. If there’s a break below, we could see a dip to $73k. Do I...

Cryptorphic

The entire market is at peak pain right now. The breakdown of key support levels signals further caution. • BTC is trading around $80K, struggling below the 200 EMA, which is technically very bearish in the short term. • Daily Fair Value Gap (FVG): $70,577 to $74,416 – a crucial zone to watch. • The recent channel breakdown adds to the...