Utopia-2025
EssentialIntro Today I want to approach the market from the top down — starting with the higher timeframes and gradually moving lower — to refresh my overall outlook. Ideally, I’d do this after each weekly candle close, but I’ve decided to try it today as part of my decision-making process. I generally prefer to react to the market rather than predict it, but in order to...
For my last position today, I opened a long trade on BNB . After the price touched and reacted to the daily ascending trendline, I set my entry trigger above the first 1H resistance at 856 . Similar to other coins, the V-pattern that formed before the breakout gave me additional confidence in the bullish move. Once the strong 1H candle closed above resistance,...
Considering the daily uptrend, the touch of the ascending trendline provided a good opportunity for a long setup. On the 1H timeframe, after the formation of a range box with a fake breakdown to the downside, the first bullish signs appeared. As the range continued, the creation of higher lows confirmed stronger buying pressure. With the breakout of the box...
Following up on yesterday’s analysis, with each reaction to the 204.34 level, I became more confident about the presence of sellers above this zone. At the same time, since every rejection off this level was also creating a higher low , I decided to treat it as a risky long trigger. After the breakout of this line and the 15m and 1H candle closing above it, I...
Despite the broader long-term uptrend in Solana, yesterday I was considering a risky short position on one of the altcoins and had already defined the triggers. Fortunately, the short trigger was broken while I wasn’t monitoring the chart, so no position was opened. The positive development is that we saw a fake breakdown of the 197.36 support zone. After...
Yesterday, Ethereum printed another bearish leg, but after reacting to the daily support, it managed to reverse that move and form a " V-shaped ” pattern — a positive signal for those of us looking for long opportunities. Our entry trigger for ETH remains at 4,485.5 , and with this recent V-shaped recovery, our confidence in that trigger has...
Following yesterday’s analysis, Bitcoin has now tested the mid-term descending trendline for the third time. It’s hard to say whether the last 4H candle has actually closed above this trendline. However, I don’t consider this as a confirmed breakout yet — for me, a breakout should be confirmed by market structure, not just by a single candle close. So today, I’ll...
At a broader look, the SOLUSDT chart is currently testing a major historical resistance at 203.36 — a level first seen back in 2021 and again in early 2024. This zone was finally broken toward the end of 2024, but the breakout lacked momentum, and after touching around $300, the price fell back below this level. Now, Solana appears to be making another attempt...
Intro For the first time in almost two months, Ethereum has broken below its ascending trendline. In addition, a flat top structure is clearly visible on the 4H chart. These signals make me less bullish on Ethereum compared to before. That said, there’s still no confirmation of a full trend reversal yet. However, I’ll be more cautious about opening long...
In the recent downtrend, each retest of the descending trendline has shown a slight weakening in bearish momentum. Currently, the price is approaching a key daily support at 105,500 . Since Bitcoin has already broken previous support levels and dropped to this point, a test of this final support zone seems likely. Therefore, once the price reaches the trendline,...
The daily support at 109,820 and the descending trendline on the 4H timeframe are key levels to watch. Bitcoin’s reaction to these zones will be crucial. A breakdown below this support could signal further downside, which seems more likely considering the previous bearish momentum. However, since Bitcoin has not yet confirmed a trend reversal on the daily...