The_Alchemist_Trader_

The_Alchemist_Trader_

Solana rallied from sub-$100 support but is now facing heavy resistance near $149 — a level packed with technical confluence. The move up has been met with declining volume, and early signs of rejection are already surfacing on the lower time frames. Key Points: Price tapped the 2024 point of control at $149, overlapping with VWAP and the 0.618 Fibonacci. Volume...

The_Alchemist_Trader_

Bitcoin saw a burst of upside momentum earlier this week, but it may be more of a reaction than a reversal. The move came after a breakout from a short-term range, yet it hasn’t managed to shift the broader trend. The latest push topped out at $88,465, just under the previous key high, failing to signal a true change in direction. Key Points: The high at $88,465...

The_Alchemist_Trader_

Bitcoin is currently facing a key moment in price structure as it approaches a significant high time frame resistance zone. Price is testing a major confluence level at $87,459 — a technical cluster that may serve as a ceiling for this leg of the move. This zone includes multiple overlapping indicators, increasing the likelihood of a potential rejection and...

The_Alchemist_Trader_

SUI is currently perched on a critical support area on the higher timeframes, and all signs point to an impending decisive move. This zone is supported by multiple high-confluence indicators—including the VWAP’s point of control, daily support, and weekly support—making it a high-probability region for a potential reversal or continuation setup. Over the past...

The_Alchemist_Trader_

The Analysis covers CRV Curve DAO Token (CRV) may be in the early stages of reversing its downtrend. Price action on the daily chart is now consolidating above a highly significant support zone filled with technical signals that often attract buyers and mark turning points. - CRV is holding above a cluster of key levels—the value area low, 0.618 Fibonacci...

The_Alchemist_Trader_

BONK is currently trading in a manner that suggests a significant shift may be underway. After a prolonged downtrend, the monthly chart has printed a potential double bottom at a key support level. This classic bottoming pattern could be the foundation for a bullish reversal if the structure holds and confirms a bullish retest in the coming sessions. Key Points...

The_Alchemist_Trader_

In today’s analysis, we examine Bitcoin’s price action as it continues to respect a descending channel pattern. With current price consolidating at the upper boundary of this channel, traders are now questioning whether BTC will break out or reject and rotate lower. Key Points Covered in This Article: - Bitcoin is currently consolidating at resistance of the...

The_Alchemist_Trader_

Hello traders, In today’s analysis, we’re taking a closer look at S-token and its current price action. The current structure shows two converging trendlines, often referred to as dynamic support and resistance. These lines are forming an apex, a pressure point where price will soon be forced to make a decisive, impulsive move. At present, price is sitting at...

The_Alchemist_Trader_

Bitcoin has seen a recent push upward, but price action is now sitting at a critical inflection point. This region includes confluence from the 0.618 Fibonacci level, VWAP support, and the dynamic SR (support/resistance) resistance. All three are aligning to form a strong technical barrier. - Key resistance confluence: 0.618 Fibonacci, VWAP, and dynamic SR...

The_Alchemist_Trader_

Fatcoin is showing signs of a potential swing long setup as it approaches a critical support level. With key technical confluences aligning, traders should keep a close eye on how price reacts around this zone. If support holds and volume confirms, this could present a high-probability long entry in the days ahead. Key Points: • $1.51 is the critical support...

The_Alchemist_Trader_

Good evening traders, In today’s analysis we’re focusing on Ethereum, which remains firmly in a strong bearish trend with no current signs of reversal. Price has recently broken back into its previous trading range, confirming a bearish retest at the range high before accelerating downward toward the range midpoint. Ethereum is now showing signs of minor...

The_Alchemist_Trader_

Hello Traders, Today’s intraday Bitcoin analysis focuses on the 4-hour timeframe, where price action has continued to unfold within a clearly defined descending channel. After rejecting off the channel high resistance, BTC is now drifting downward toward key support — but hasn’t quite reached it yet. Current movement suggests indecision, with price hovering...

The_Alchemist_Trader_

Hello traders, In today’s analysis we’re focusing on the open CME futures gap left behind by Bitcoin between $79,610 and $83,925. Historically, these gaps have a strong tendency to be filled — not always immediately, but eventually. This gap now acts as a magnet for price and should be considered in any short- to mid-term trading strategy. Key Points: • The...

The_Alchemist_Trader_

Hello Traders, The price of SUI-USDT has been locked in a consistent downtrend, marked by a series of lower highs and lower lows. However, the asset is now testing a critical support level that could determine whether we see a relief bounce or a continuation of the decline. Key Highlights: • Price is approaching $1.75, a major support zone with confluence from...

The_Alchemist_Trader_

Hello Traders, In today’s Bitcoin update we are focusing on the weekly timeframe, specifically the high time frame trading channel that has played a key role in guiding price action. We previously had a bullish wave count that pushed price above the channel, completing a wave 5 impulse to the upside. However, that breakout has now failed with price closing back...

The_Alchemist_Trader_

Hello traders, In today’s altcoin update we’re looking at FunUSDT on the weekly timeframe. Price action is showing signs of strength, currently respecting the point of control and trading above the value area low, which is providing a strong technical base. Key Technical Points: • Break Above Value Area High: Price impulsively moved through the value area high...

The_Alchemist_Trader_

Hello traders, Taking a closer look at the SPX500 and discussing whether the market has found a bottom or if there’s further downside ahead. From a technical perspective, price action is still showing signs of weakness, with critical support levels yet to be tested. Key Technical Points: • Bearish Expansion: A key swing high formed before price broke structure...

The_Alchemist_Trader_

Hello traders, Today we’re focusing on Bitcoin’s intraday timeframe to identify potential trade setups and key price levels. Over the past week, BTC has been moving sideways, forming a defined intraday range. Understanding this structure can help us anticipate likely rotations and plan trades accordingly. Key Technical Points: • Established Range: High at...