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DOTUSDT broke its Long-Term Resistance last week!
After consolidating in a Redistribution phase (similar to mid-April), Polkadot is now testing the $4.00 support zone.
βΈ Bullish Target: If $4.00 holds, we could see a climb to $4.50 or higher!
βΈ Bearish Risk: A breakdown below $4.00 might push the price to $3.90 or lower.
Eyes on $4.00 β will the bulls defend this level? Letβs talk!
πChainlink is riding a strong Rising Channel!π’
Price action shows clear patterns on LINKUSDT:
βΈ Bullish Doritos at $12.00 & $13.00, pushing the price higher.
βΈ Reverse Doritos at $13.00 & $15.00, leading to pullbacks inside Rising Channel.
βΈ Key levels to watch: $14.00 (support) and $17.00 (upper resistance).
βοΈ As long as LINK stays in the channel, the bulls are in control! Will we see a breakout to $17.00 soon? Letβs discuss!
Looking on this ladder for Monday market moves - might be in tight range before breakout.
βοΈ Letβs dive into the 1H chart for SUI/USDT.
Sui is riding a solid rising channel, showing strong bullish momentum!π―
Price has climbed from $2.25 since 22 April and is now at $3.59, with potential extention to the channelβs resistance at $4.00.
Key support holds at $3.00, with an intermediate level at $3.50.
If we break above $4.00, we could see a big move higher. But if rejected, expect a pullback toward $3.50 or $3.00.
Keep an eye on volume and price action at this resistance!
π What to check next βοΈ
πXRPUSDT is heating up! Approaching apex of the Triangle!π’
Will we see a breakout to $2.30? Or possibly to $2.03!
Check the 1H chart & watch the breakout!
π₯Bitcoin is on FIRE! Just hit $95,800 & climbing in a perfect rising channel!π’ππ’
Breakout after breakout β next stop $96,500?
Check the 1H chart but beware of potential pullbacks!
β‘οΈ Letβs break down this #ALGO / USDT chart step-by-step β itβs a perfect example of trading patterns in action!
πββοΈ Timeline (Aug 2024 - April 2025):
βΈ Accumulation (Aug - Nov 2024): ALGO consolidates between $0.1050 and $0.1450, showing low volatility. This is a classic accumulation phase where buyers are quietly building positions.
βΈ Breakout & Uptrend (Nov - Dec 2024): Boom! The price breaks above $0.1300 with strong momentum, climbing to $0.6100.
βΈ Pause in a Symmetrical Triangle (Dec 2024 - Jan 2025): After the surge, ALGO takes a breather, forming a Descending Triangle (a neutral pattern). This signals market indecision β traders are waiting for the next big move.
βΈ Breakout & Downtrend (Jan - Mar 2025): The price breaks below the triangle, dropping to $0.1480. This aligns with a "Descending Wedge" (reversal) from the cheat sheet, confirming the downtrend and reversal structure of the Wedge.
βΈ Consolidation (Mar - Apr 2025): ALGO stabilizes between $0.1400 and $0.1600, setting the stage for the next move.
βΈ Breakout & Uptrend (Apr - April 2025): Another breakout! The price surges above $0.1600, reaching $0.2200 again. It might reach higher levels like $0.2400 and $0.3000 in next weeks.
βοΈ Whatβs your next move on ALGO? Are you buying the dip, waiting for confirmation, or taking profits? Drop your thoughts below β Iβd love to hear your strategy!
#BTC stuck in sideways on 15m TF, possible bart head shape formation
Hey team! NQ is on some diamond shape right now on 15m TF, looking for breakout action in next couple of hours π’
π₯ Ethereum (ETH) XABCD Pattern β $3,000 Target Ahead? 2οΈβ£
ETH/USDT is at $1,759 and weβve got an XABCD harmonic pattern in play!
βΈ From $1,516 (X) to $4,147 (A), then slow retracement to $2,120 (B), then a big spike to $4,120 (C), and crash to $1,385 (D).
βΈ Now, the chart is eyeing $3,000 as the next big target!
βΈ Watch $2,100 and $2,500 as resistance on the way up. $1,500 is key support β letβs see if it holds!
βοΈ Whatβs your take? Will ETH hit $3,000, or are we dipping first? Drop your thoughts! β¬οΈ
Managed to scalp long in the area of this box from breakout of 740s up to 860 π―π’
#XLM / USDT Both ways possible, which way you think it's going?
Pick a nice swing trade last week on #ZEN / USDT
Fear & Greed swings to Greed since last time we checked
π΅NQ pre US Market open stage.
Huge gap below 18500 down to 18400.
Looking for potential swing in the zone on this trading session.
By the way: Now we can trade indices on Bybit via MT5 β with no trading fees until May 12!
π NAS100, SP500 & more
β
No registration
π Details: https://announcements.bybit.com/article/bybit-indices-unleashed-trade-for-free-with-zero-fees--blt3ab26ef0d64a14d2/?ref=18745
