Is It Time for Alts? | 8-8 Double Luck Live Update🤩🍀 Is It Time for Alts? | 8-8 Double Luck Live Update 🐉💫
8-8 -2025 — In Chinese culture, 88 means double fortune, and in numerology it’s the angel’s number for alignment and abundance.
Feels like the perfect day for a market check.
Ethereum (ETHUSD)
✅ Tagged $4,000 exactly as tracked in my Unicorn Breakout ideas (Part 1 & Part 2).
💨 First-touch rejection is normal — needs time to reload for any break above $4K.
Bitcoin (BTCUSD)
⚡ Holding above 115,800 — key structural support.
📈 As long as we stay here, bullish bias remains intact.
🎯 Next upside targets: 120k – 138k.
Bitcoin Dominance (BTC.D) — The Game-Changer
📉 Finally dropped under 60.80%, which is now major resistance.
💎 Staying below this favors altcoin strength, as long as BTC stays stable or climbs.
⚠ If BTC.D reclaims 60.80%, the edge shifts back to Bitcoin leadership.
Altcoins Outlook
✨ ETH’s $4K tag sets the stage for alt rotation.
🔑 Conditions look favorable when:
BTC > 115,800
BTC.D < 60.80%
💥 Weekend could be strong for selective alts.
S&P 500 (SPX)
📊 Still in the same range since rejection at resistance.
🚦 No breakout yet — waiting for a catalyst.
Summary:
ETH hit $4K, now consolidating.
BTC stable over support.
BTC.D under resistance = potential “Alts Window.”
SPX sideways.
Plan: Hunt for strong alts while BTC.D stays under 60.80%. Guard BTC’s 115,800 support like a hawk.
📊 Charts attached: BTCUSD, BTC.D, ETHUSD, SPX
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
Cryptos
BTC/USDT: Key Levels to Watch Now!Bitcoin remains in a macro bullish structure, but recent price action shows consolidation after breaking through major resistance levels earlier this month. Similar to previous cycles, BTC tends to form short-term ranges after strong rallies before deciding the next move.
Currently, BTC is trading near $116,500–$117,000, just above a key support zone from $115,200 to $114,500. This area aligns with previous breakout levels and the 20 EMA on the 4H chart, making it critical for the short-term trend.
*Bullish Scenario: Holding above $115,200 and breaking $118,600 with strong buying volume could push BTC toward $120,500–$122,000 within days.
*Bearish Scenario: A close below $114,500 could trigger a correction toward $112,800–$111,900. Losing this level may extend the retracement to $110,200 (major demand zone).
Summary:
BTC is consolidating near key support. Past scenarios suggest a breakout above $118,600 could fuel the next bullish leg, but losing $114,500 risks a deeper pullback toward $112,800. The next 2–4 days should define short-term direction.
Bitcoin Bears Lining Up? My Short PlanBitcoin is flirting with a potential pullback, and I’ve got my eyes locked on this short setup.
The setup is a double top on the hourly chart.
📊 Risk/Reward: 3.7
🎯 Entry: 117 515
🛑 Stop Loss: 118 033
💰 Take Profit 1 (50%): 115 629
💰 Take Profit 2 (50%): 115 116
Seeing negative rsi divergence on the hourly chart, signaling slowing buying momentum.
I am looking for the hourly candle to close within the range drawn on the chart with lower volume.
I’ll be scaling out at TP1 and letting the second half ride if the bears get their way.
📅 Will today be the start of a deeper drop?
📍 I’m documenting my trades as part of my live trading journey – follow along to see how this one plays out and catch my next setups in real time.
Not financial advice – just my personal analysis.
SHIB/USDT: Will the Bulls Win?Over the next seven days, SHIB/USDT is likely to consolidate within a range around $0.0000122 to $0.0000132. If it breaks above the 200‑day EMA (~$0.0000145) and trading volume rises, SHIB could climb toward $0.0000150–$0.0000152.
However, failure to hold $0.0000120–$0.0000122 support may lead to a downturn toward $0.0000118 or lower...
Factors That Could Influence the Path
-Investor behavior – Whale activity and institutional purchasing are key; recently high volume hinted at institutional positioning
-Network events – Any burn campaigns or Shibarium adoption updates could spur bullish movement.
-Market sentiment – Overall crypto risk appetite matters; a bearish broader market may weigh on SHIB despite upcoming support.
-Competitive tokens – Alternatives like Little Pepe (LILPEPE) or PEPE Coin are garnering attention, which might divert speculative capital
Risk & Summary:
*Moderate upside potential if momentum continues up to ~20% gain from current levels.
*Downside limited to ~3–5% if support fails.
*Short‑term behavior will largely depend on volume, burn incentives, and broader crypto sentiment.
Critical Decision Time For Bitcoin - Trendline Must HoldHere we see BTC testing the trendline support on the 4H time frame, regular scale. The log scale version appears to have already been broken to the downside. The 50 period MA is now coming in as resistance. Bulls need to make a push here, otherwise a 100K retest is likely to happen in August.
Bullish potential detected for EthereumEntry conditions:
(i) higher share price for COINBASE:ETHUSD along with MACD crossover on the 4 hour chart at the low end of the scale with histogram crossover zero,
(ii) bounce off potential support zones of 15 min / 1 hour and 4 hour intraday timeframes, and
(iii) observation of market reaction at these support zones.
Stop loss for the trade would be below the ultimate support level from the open of 22nd January (i.e.: below $3327.56).
Crypto consolidating ahead of rally towards All Time HighsWith US equity markets closed for Juneteenth, I'm checking in on an equal weight basket of cryptos. Recently I said crypto looked to be heating up for a run at new highs.
As I look today, prices appear range bound on the daily chart. There's a bearish double-top formation, beside declining momentum. The bottom of the range resting at the 200 Day Moving Average, and a test of it seems likely.
Should there be a bounce off the 200 Day SMA, and a break through the top end of the range we might get a shot at those new All Time Highs.
DOGE Setup Heating Up: These Levels Could Define the Next Move!Prediction for the Period Ahead (Next 1–2 Weeks):
*Base case: Holding support at $0.198–$0.200 → test $0.215.
*Bull trigger: Break above $0.215 with volume → possible move to $0.232 and higher.
*Downside risk: Falling below $0.182 could drag the price to $0.175 before any recovery.
DOGE is currently consolidating in a tight range with a neutral to slightly bearish technical bias. However, a breakout above $0.215, particularly supported by volume, could set the stage for further gains targeting $0.232–$0.287 zone. Conversely, a downturn past $0.182 opens the risk of a deeper test toward $0.175. In either scenario, the upcoming weeks seem pivotal...
"Stellar XLM will definitely reach 0.6389."" Stellar (XLM) is expected to begin its upward move from the price zones of 0.3375, 0.3153, and 0.2822, heading toward the confirmed targets of 0.5215 and then 0.6389.
While the exact starting point may vary slightly, the targets at 0.5215 and 0.6389 are considered certain." BINANCE:XRPUSDT
BTCUSDT: Elliot Wave AnalysisAs you can see in the chart, the fourth wave has ended and there is a possibility of an increase in the next stage to the level between 128,000 and 131,000, followed by a correction for a larger fourth wave and finally the last leg of the increase to the fifth wave, which has the possibility of reaching 139,000 to 140,000.
We might be changing the trend in the coming months!I found this indicator extremely accurate for the past tops. We are focusing on the histogram today and looking once that green candles starts growing momentum taking BTC down the hill. If this idea proves right we might be bottoming around 400 days perhaps August 2026 ~45k
SHIB/USDT: Shiba Inu Setting Up for a Bullish Reversal?Shiba Inu (SHIB) is currently trading around $0.00001208, showing signs of stabilizing near a key support zone after a recent pullback. The market appears to be forming a rounded double bottom pattern, which could evolve into a strong W-shaped bullish reversal if confirmed with volume and breakout above short-term resistance (~$0.0000135).
This level could be pivotal for long-term accumulation.
What to Watch
*Key Support Zone: $0.00001200 - price is holding this level firmly.
*Short-Term Resistance: $0.0000135 - a breakout could confirm bullish continuation.
*Indicators: RSI is cooling off after a high, which could provide momentum for a new leg up.
SHIB may be quietly setting the stage for a powerful recovery. This support level looks like a gift for those with patience and vision. DCA smartly, monitor dips, and don’t panic, because when this pattern breaks out, you’ll wish you had loaded up earlier.
This isn't about hype...it’s about positioning. Stay disciplined. Stick to your plan. SHIB might just surprise everyone again.
CRV SHORT Update Hello.
CRV Update
💁♂️ TP1 🔥
You can see this analysis in the analyses I posted before. It has now reached its first target. Please don't forget to like, share, and boost so that I can analyze it for you with more enthusiasm. Thank you. 💖😍
✅ TP1: 0.93$ Accessible (done)🔥
TP2: 0.82$ Possible
TP3: 0.73$ Possible