$BCH Weekly Support Holding, Continuation in PlaySET:BCH Weekly Update
BCH is holding above the rising trendline and the weekly MA, with structure still forming higher lows.
Price is currently retesting the 450–470 support zone. As long as this area holds, continuation toward the range highs is possible.
Hold it, and upside remains in play.
BINANCE:BCHUSDT SET:BCH
Treanding
XRP Recovery Rally Approaches Key 1.57–1.67 ResistanceXRP update (4H)
XRP is bouncing inside a rising channel after the sharp drop, but it’s still trading below the bigger descending trendline, so this looks like a recovery within a broader weak structure.
Price is now heading toward the 1.57–1.67 resistance zone. There aren’t many liquidation levels sitting above this area, but we could still see a bit more upside. The main reason is correlation XRP often follows BTC, and if BTC pushes toward the 72K area, XRP could get a short-term bounce as well.
That said, this zone still looks like a likely reaction area. If price gets rejected here, the expectation would be a move back down, potentially targeting the lower liquidation zone around $1.30.
DYOR, NFA
#XRP #XRPUSDT
$BTC Post-Drop Consolidation in ProgressCRYPTOCAP:BTC 3D timeframe
After that sharp flush toward $60K, price is doing exactly what we talked about bouncing and moving between nearby support and resistance instead of continuing straight down.
That $60K area looks like it’s acting as a local low for now.
Not saying it’s the bottom… but it’s clearly a level where buyers are stepping in and slowing things down.
In the short term (next 1–2 weeks), this still looks like a relief phase, similar to what we saw back in late 2024 a period where price stabilizes, chops around, and gives indicators like RSI time to reset after heavy selling.
Key zones I’m watching:
• Support: strong interest around $60K, and if price dips deeper, the $56K–$53K area should attract even more demand.
• Resistance: on the upside, expect selling pressure between $72K–$76K.
So for now, this doesn’t look like a straight trend move.
It looks more like the market catching its breath after the drop.
Not calling a bottom yet, just recognising that the market is likely in a short-term stabilisation phase before the next bigger move.
DYOR, NFA
#Bitcoin
Bitcoin Sitting Where Big Moves Start !!CRYPTOCAP:BTC MONTHLY UPDATE 🟩
If the weekly chart is making you nervous, zoom out for a second.
Monthly, Bitcoin is testing a major support cluster.
RSI is sitting near its floor, price is around the previous ATH zone, and the recent dip touched the lower channel and the 1M EMA65. This area usually matters.
What happens next depends on the February close.
Hold this zone, and the bigger trend can stay intact. Lose it, and things may get rough.
Let’s watch how the price behaves in early March.
#Bitcoin #Crypto
ETH Testing Liquidity Before Next DirectionETH is walking straight into a liquidity wall…
After that clean bounce from support, price is now pushing toward $2150– $2190k, where a huge cluster of liquidity is sitting.
This is the kind of zone where markets usually hunt stops first, decide direction later.
Wouldn’t be surprising to see a quick push into that area…
Then the real reaction starts.
Right now, this still looks like a relief move after heavy selling, not a confirmed breakout.
Do you think ETH sweeps the liquidity first or rejects early? 👀
Gold Reclaims Ground After CPI, $5K Level in FocusGold just got its CPI moment here’s what actually matters now 👇
CPI came in softer, and that immediately cooled the dollar strength narrative.
Markets were already leaning toward rate cuts this year, and this data keeps that story alive which is why gold is trying to stabilize again after that sharp 3.5% shakeout.
If you watched yesterday’s drop, it wasn’t really about one single headline.
Gold was overstretched technically, liquidity got flushed, the dollar spiked, and that combination triggered fast liquidations. Classic reset move.
Now the focus shifts from why it dropped → to where price reacts next.
Right now, gold is pushing back toward the $5,000 zone, and this level matters more psychologically than technically.
If buyers manage to hold above 4990, the path opens for a move toward 5100 fairly quickly, especially with softer inflation supporting the broader bullish structure.
On the downside, volatility isn’t gone.
Any pullback toward 4944 → 4902 would just be the market retesting support inside the current range. That’s normal behavior after a news spike, not necessarily weakness.
Bigger picture still hasn’t changed:
The trend remains bullish, and corrections are still being treated as opportunities rather than reversals unless price starts accepting below the deeper support zone.
Today is less about prediction and more about reaction.
Watch how price behaves around 5k that’s where sentiment flips.
Are you expecting continuation higher from here, or another shakeout first?
IMPRIOTAND #BITCOIN UPDATE MUST READE !!IMPORTANT BTC UPDATE 🚨
Alright, let’s talk about what’s going on with Bitcoin right now.
On the daily timeframe, BTC is extremely oversold. We don’t see this very often — maybe a couple of times over the last 1–2 years — and when it does happen, it’s usually somewhere around a local low.
Now, before anyone jumps to conclusions:
this does NOT mean the bottom is in.
We’ve actually gone lower after hitting oversold levels before. So no, this isn’t a “load the boat” signal.
What it does mean, though, is that in the short term, the bears are likely to need a breather.
Short-Term Expectations
When the daily RSI gets this stretched, price usually doesn’t just keep free-falling without pause. More often than not, we see:
A bit of relief
A bounce
Or some kind of sideways consolidation
Something that lets the market reset that oversold condition. That kind of pause could easily play out over the next few days to a couple of weeks.
But zooming out for a second the bigger picture still isn’t looking great. This kind of relief doesn’t automatically flip the trend bullish. It can just as easily set us up for another push lower later on.
Resistance If We Bounce
If we do see price lift, there are a few levels where I’d expect things to get heavy again:
Around 81,000 – 81,800
Then 84,000
And especially 86,000, which is a major resistance zone
If price makes it into these areas, I’d be cautious. These levels are far more likely to act as sell zones than confirmation of a full reversal.
The Bigger Problem: Liquidity Below
Here’s the part I really don’t want to ignore.
For the last few days, there’s been a large amount of liquidity building below current price, sitting roughly around 72,000 to 72,600 (around 72.5K).
This area is acting like a magnet.
Markets love liquidity, and until that zone gets tapped, it’s hard to argue that downside risk is gone. Even if we get a bounce first, that liquidity below is still there — and it matters.
So what’s the Play?
In short:
A short-term relief move is very possible
The larger trend is still bearish
72K liquidity remains a key downside area to keep in mind
This is one of those moments where patience really pays. Let the market breathe, see how it reacts at resistance, and don’t forget where the liquidity is sitting.
That’s where the real story is.
5 IMPOTANT TYPES OF ELLIOTT WAVE PATTERNS !!Hello traders, today we will talk about 5 TYPES OF ELLIOTT WAVE PATTERNS
( FIRST SOME BASIC INFO )
What is Elliott Wave Theory?
The Elliott Wave Theory suggests that stock prices move continuously up and down in the same pattern known as waves that are formed by the traders’ psychology.
The theory holds as these are recurring patterns, the movements of the stock prices can be easily predicted.
Investors can get an insight into ongoing trend dynamics when observing these waves and also helps in deeply analyzing the price movements.
But traders should take note that the interpretation of the Elliot wave is subjective as investors interpret it in different ways.
(KEY TAKEAWAYS)
The Elliott Wave theory is a form of technical analysis that looks for recurrent long-term price patterns related to persistent changes in investor sentiment and psychology.
The theory identifies impulse waves that set up a pattern and corrective waves that oppose the larger trend.
Each set of waves is nested within a larger set of waves that adhere to the same impulse or corrective pattern, which is described as a fractal approach to investing.
Before discussing the patterns, let us discuss Motives and Corrective Waves:
What are Motives and Corrective Waves?
The Elliott Wave can be categorized into Motives and Corrective Waves:
1. Motive Waves:
Motive waves move in the direction of the main trend and consist of 5 waves that are labelled as Wave 1, Wave 2, Wave 3, Wave 4 and Wave 5.
Wave 1, 2 and 3 move in the direction of the main direction whereas Wave 2 and 4 move in the opposite direction.
There are usually two types of Motive Waves- Impulse and Diagonal Waves.
2. Corrective Waves:
Waves that counter the main trend are known as the corrective waves.
Corrective waves are more complex and time-consuming than motive waves. Correction patterns are made up of three waves and are labelled as A, B and C.
The three main types of corrective waves are Zig-Zag, Diagonal and Triangle Waves.
Now let us come to Elliott Wave Patterns:
In the chart I have mentioned 5 main types of Elliott Wave Patterns:
1. Impulse:
2. Diagonal:
3. Zig-Zag:
4. Flat:
5. Triangle:
1. Impulse:
Impulse is the most common motive wave and also easiest to spot in a market.
Like all motive waves, the impulse wave has five sub-waves: three motive waves and two corrective waves which are labelled as a 5-3-5-3-5 structure.
However, the formation of the wave is based on a set of rules.
If any of these rules are violated, then the impulse wave is not formed and we have to re-label the suspected impulse wave.
The three rules for impulse wave formation are:
Wave 2 cannot retrace more than 100% of Wave 1.
Wave 3 can never be the shortest of waves 1, 3, and 5.
Wave 4 can never overlap Wave 1.
The main goal of a motive wave is to move the market and impulse waves are the best at accomplishing this.
2. Diagonal:
Another type of motive wave is the diagonal wave which, like all motive waves, consists of five sub-waves and moves in the direction of the trend.
The diagonal looks like a wedge that may be either expanding or contracting. Also, the sub-waves of the diagonal may not have a count of five, depending on what type of diagonal is being observed.
Like other motive waves, each sub-wave of the diagonal wave does not fully retrace the previous sub-wave. Also, sub-wave 3 of the diagonal is not the shortest wave.
Diagonals can be further divided into the ending and leading diagonals.
The ending diagonal usually occurs in Wave 5 of an impulse wave or the last wave of corrective waves whereas the leading diagonal is found in either the Wave 1 of an impulse wave or the Wave A position of a zigzag correction.
3. Zig-Zag:
The Zig-Zag is a corrective wave that is made up of 3 waves labelled as A, B and C that move strongly up or down.
The A and C waves are motive waves whereas the B wave is corrective (often with 3 sub-waves).
Zigzag patterns are sharp declines in a bull rally or advances in a bear rally that substantially correct the price level of the previous Impulse patterns.
Zigzags may also be formed in a combination which is known as the double or triple zigzag, where two or three zigzags are connected by another corrective wave between them.‘
4. Flat:
The flat is another three-wave correction in which the sub-waves are formed in a 3-3-5 structure which is labelled as an A-B-C structure.
In the flat structure, both Waves A and B are corrective and Wave C is motive having 5 sub-waves.
This pattern is known as the flat as it moves sideways. Generally, within an impulse wave, the fourth wave has a flat whereas the second wave rarely does.
On the technical charts, most flats usually don’t look clear as there are variations on this structure.
A flat may have wave B terminate beyond the beginning of the A wave and the C wave may terminate beyond the start of the B wave. This type of flat is known as the expanded flat.
The expanded flat is more common in markets as compared to the normal flats as discussed above.
5. Triangle:
The triangle is a pattern consisting of five sub-waves in the form of a 3-3-3-3-3 structure, that is labelled as A-B-C-D-E.
This corrective pattern shows a balance of forces and it travels sideways.
The triangle can either be expanding, in which each of the following sub-waves gets bigger or contracting, that is in the form of a wedge.
The triangles can also be categorized as symmetrical, descending or ascending, based on whether they are pointing sideways, up with a flat top or down with a flat bottom.
The sub-waves can be formed in complex combinations. It may theoretically look easy for spotting a triangle, it may take a little practice for identifying them in the market.
Bottomline:
As we have discussed above Elliott wave theory is open to interpretations in different ways by different traders, so are their patterns. Thus, traders should ensure that when they identify the patterns.
This chart is just for information
Never stop learning
I would also love to know your charts and views in the comment section.
Thank you
Gold - This looks like profit-taking, not weakness.Gold update 👀
Gold just tagged a historic high near $4,900 and is now pulling back.
This looks like profit-taking, not weakness.
The trend is still bullish.
I’m watching $4,813–$4,800 closely strong liquidity + support.
If the price holds here, a bounce continuation is likely.
Upside liquidity sits at $4,850, then $4,880.
Big drivers today: PCE inflation and US GDP.
Weak data = bullish gold
Strong data = short-term pressure
Let’s see how price reacts at support 👀
#GOLD #XAUUSD
$TRX at a key support confluenceAMEX:TRX is pulling back after the strong impulse and is now testing a high-confluence support zone around $0.29–$0.30.
This area lines up with the ascending trendline, 0.5 Fib retracement, and the 100 EMA, making it an important level for bulls.
If this zone holds, we could see a solid bounce, with upside back toward $0.31–$0.32 and potentially higher on continuation.
As long as this support holds, pullbacks remain buyable. A clean breakdown would invalidate the setup.
#TRX
$BTC update based on the liquidation heatmap !!CRYPTOCAP:BTC update based on the liquidation heatmap 👇
Right now, there’s still a decent amount of liquidity sitting below price, especially around 89.1K. That doesn’t mean price has to go there nothing is guaranteed but historically, price tends to move toward heavy liquidity zones to clear them out.
So don’t be surprised if, sometime in the short term, we see a dip that takes out just above 89K. If that happens, it would reduce the importance of that downside liquidity and let the market refocus higher.
What I really want to see is a clean break and confirmation above ~94K. That’s a major resistance area.
If BTC can break above it and hold, that would be a strong signal and at that point, a push toward 100K becomes much more realistic, while downside liquidity loses relevance.
Until then, patience. Let the levels do the talking.
BTC Pullback: Key Support at $99,800 – Next Move?#Bitcoin is currently experiencing a pullback, likely triggered by news, such as President Trump’s tariff announcement on China.
The price is hovering around $110,500, but it doesn’t look strong enough to hold at this level, so a move toward $99,800 is possible. The 0.5 Fibonacci retracement at $99,800 acts as a key demand zone. However, the RSI isn't oversold yet, which means there’s potential for further downside if this support breaks.
In my opinion, the best approach right now is to wait for some confirmation.
Stay tuned and follow for more updates, and if you're stuck in any coin, feel free to DM me I’ll do my best to help you out.
CRYPTOCAP:BTC BITSTAMP:BTCUSD BINANCE:BTCUSDT
$ETH Update !!CRYPTOCAP:ETH Update
#Ethereum is facing significant resistance between $4,450 and $4,550. After rejecting the recent local highs, it’s currently holding the 55 EMA (green) as short-term support. However, it’s getting squeezed between the 21 EMA (yellow) above and a high-volume node on the Volume Profile, which acts as a heavy liquidity zone.
If ETH fails to reclaim the high-volume node and starts closing below the 55 EMA, we might see further downside towards the $4,200 support area.
ETH has already broken structure to the downside, showing weakness. If price closes below $4,397 (Value Area Low of the current range), we could see a continuation toward the $4,200 bullish FVG zone.
Key Levels to Watch:
Resistance: $4,450–$4,550
Support: $4,250
A break below $4,397 confirms more downside toward $4,200.
CRYPTOCAP:ETH BITSTAMP:ETHUSD BINANCE:ETHUSDT
TOTAL 3 UPDATE !!The TOTAL3 chart is showing some cautionary signs but has not yet broken the key trendline. The price is testing this support level, and a breakout below the trendline will be crucial for determining the next move. Currently, the price is holding above the trendline, but if we see a close below this level, it would signal further weakness in the altcoin market.
Key Levels to Watch:
> The trendline is still intact, but a 4-hour candle close below this could trigger downside pressure.
> The first major support sits around $1.09T. If the price reaches this level and reacts positively, we could see a bounce.
> The next potential support zone is at $1.07T, where more significant buying might come into play.
For now, we remain cautious and need confirmation through price action for any further moves down.
#Altcoins #CryptoTrading
$BTC is repeating history, and it’s doing it with precision.CRYPTOCAP:BTC is repeating history, and it’s doing it with precision. 📈
In the last cycle, it took Bitcoin 1,044 days to move from the bear market bottom to a new all-time high. This cycle is on the same timeline, and we’re now well into that phase.
Price is staying inside the long-term rising channel, and momentum is building. If this continues, a macro top could form between late October and early November, maybe even by the first week of October if the rally speeds up.
The RSI is also climbing toward the same overbought levels seen before past tops. The cycle pattern isn’t random.
It’s the guide.
#Bitcoin LTF update #Bitcoin LTF update
After making a high of $123,300, it dropped a bit and made short-term support at $117,000, and currently it is holding at this level.
But it is not strong enough to hold, we will retest the lower level.
IMO, we can see a retest up to $113,000 level approximately.
Where we have 0.382 golden fibre level, which is also aligning with some more important indicators, and most importantly, we have good numbers of liquidation at that level.
If you find my updates helpful, don’t forget to like and follow for more!
DYOR, NFA
Q3 Could Be Big for #ETH, Breakout Watch ON#ETH bounced exactly from the 0.5 level of Fib Retracement, as expected.
Now it appears to be gearing up for its next breakout move!
After weeks of chopping inside a falling channel, ETH is showing signs of strength. It's reclaiming key levels and slowly pushing toward the breakout zone near $2,520.
A breakout above this resistance could trigger a sharp move toward $2,880 and beyond.
However, bulls need to hold the $2,300 zone, a drop below might delay the pump.
Structure is bullish, just needs confirmation.
IMO, Q3 could be massive for ETH.
Like & retweet for more updates.
#Ethereum
$BTC Consolidating Before the Next Big Move?CRYPTOCAP:BTC consolidating after a strong bounce!
Bitcoin is holding well above the 106K support zone and forming a tight range just below resistance.
After a false breakout above 100K, the price is compressing just below key resistance at 108100.
This consolidation between 106500 and 108100 looks like a pause, not a top.
If BTC breaks 108100, the next targets are 110500 and ATH.
Market structure is still bullish.
A retest of 106500–105650 is possible before liftoff.
Are you positioned for the breakout?
If you find my updates helpful, don’t forget to like and follow for more!
DYOR, NFA
#BitcoinRecovery
GOLD Bouncing from Trendline, Breakout Ahead?GOLD BOTTOM IS HERE 🔥
Gold has taken support from the rising trendline and is now close to breaking a key resistance. The chart is showing an ascending triangle, which usually means a big move is coming.
If price breaks above the resistance, we might see a strong rally of 13% or more.
The setup looks positive as long as the support stays strong.
Looks like Gold is ready to shine again!
Retweet if you're bullish.
Like and follow for more updates!
#GOLD TVC:XAU
$GALA Holding Support – Breakout Coming?INDEX:GALA is holding strong above the trendline support and showing signs of a bounce.
The price is now approaching a key descending trendline a breakout here could lead to a solid move toward $0.021–$0.026 📈
As long as it stays above the trendline, bulls are in control.
#GALA #ALTSEASON
$TRUMP Bounces from Golden Pocket – Rally Incoming?$TRUMP has bounced from a strong support zone around $10.30–$10.50, which lines up with the 0.618 Fib level.
As long as this support holds, price could push toward $11.78 and possibly higher to $13.00+ if momentum builds.
The structure looks healthy, and buyers are stepping in again.
Keep watching, a move toward the upper levels may be starting! 👀
#Trump #ALTSEASON
Price Cooling Off – But $TIBBIR Still Looks Bullish$TIBBIR is trying to break above the 0.097 resistance, but it hasn’t succeeded yet.
The price is now pulling back and might test the uptrend support line around 0.085–0.087. This area has helped the price bounce before.
If the support holds and price moves back up, we could see a strong move toward 0.1126 that’s nearly +47% higher.
Keep watching a breakout could come soon! 👀
TLong






















