$ZEC 2D CHART UPDATE ✅ 📌 $ZEC Technical Analysis: The market has recently experienced a massive price dump, sliding significantly from higher levels. On the 2-day chart, the price has been strictly respecting a descending trendline and has been rejected twice already, confirming strong overhead resistance. 📌 Major Support Zone: Green Support Zone: ZEC is currently testing a major green support area. This zone is critical for the long-term structure to remain intact. The Opportunity: If this zone holds, it represents a high-interest demand area where buyers have historically stepped in. 📌 Path to Bullish Reversal: For a macro trend reversal to be confirmed, the following technical milestones are required: Hold the Support: The price must firmly defend the green support zone without making new lower lows. Trendline Breakout: A decisive close above the descending trendline is necessary to signal that the recent bearish pressure has ended. 📌 Indicator & Target Check: Relative Strength Index (RSI): The RSI is currently in the neutral zone, suggesting that the previous selling pressure is stabilizing and there is room for an upward move. Moving Averages: The 200-day Moving Average is currently acting as a long-term trend indicator; holding above it will be a major sign of strength. Potential Target: If the support holds and a confirmed breakout occurs, the price could aim for the primary resistance targets, with a major objective back toward the previous highs near $700+.
$FET 1W HIGHER TIME FRAME UPDATE ✅ \ 📌 $FET Technical Analysis: The market has endured a massive long-term dump, falling from peaks near $3.20 down to the $0.15–$0.20 range over the past two years. Throughout this downtrend, the price has been strictly rejected twice by a major descending trendline, confirming strong overhead bearish pressure.
📌 Major Weekly Support Zone:
Historical Demand: $FET has now entered a critical weekly support zone. This area has historically acted as a significant launchpad for major rallies, marking it as a "must-hold" level for long-term investors.
Current Status: Buyers are currently defending this floor, attempting to stabilize the price after the prolonged decline.
📌 Bullish Confirmation Requirements: For a macro trend reversal to be confirmed, two things need to happen:
Hold Support: The price must remain stable within the current weekly support zone without making new lower lows.
Trendline Breakout: A decisive weekly close above the long-term descending trendline is required to signal that the multi-year bearish cycle has ended.
📌 Indicator & Sentiment Check:
Relative Strength Index (RSI): The 14-week RSI is currently in the neutral 30-70 zone, having recently recovered from near-oversold levels. This shows that while momentum is still building, the extreme selling pressure is starting to cool off.
Moving Averages: The price is currently fighting to reclaim key levels. Reclaiming the 50-day and 200-day SMAs would provide significant technical validation for a new bullish phase.
📌$ZK Technical Analysis: The market has recently experienced a massive price dump, sliding from approximately $0.084 down to the $0.025 - $0.035 range. While the long-term trend remains weak, we are seeing signs of stabilization near historical lows.
📌 The Path to Bullish Confirmation: To see a sustainable move toward the upside, the following three technical conditions must be met: Touch the Support Zone: The price needs to drop and interact with the primary Green Support Zone to find necessary liquidity. Hold the Support: Buyers must step in and prevent the price from closing below this zone on the daily candle. Breakout Trendline: A decisive breakout above the long-term descending trendline is required to shift the market structure from bearish to bullish.
📌 Indicator Check (1D Timeframe):
Relative Strength Index (RSI): Currently sitting in the neutral zone. This is healthy as it shows there is no immediate "overbought" pressure, leaving plenty of room for a price rally once a breakout occurs.
Moving Averages: The 50-day SMA is currently sloping upward and acting as a potential dynamic support. However, the 200-day SMA is still positioned above the current price, acting as a major long-term resistance that bulls need to reclaim.
📌On January 4th, I clearly told you with a $btc analysis that BTC is forming a lower high in the small time frame 🔥 📌And I said 92k, 94k, 96k as targets. Exactly what I said, touching the support zone, all those targets have been completed by now
$BTC
Leo524
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$BTC Making a Lower High — Traders Must Be Careful
📌$BTC has seen a massive drop from ~$123K to ~$82K 📉
📌After the dump, price respected the rising trendline 5 times, showing strong demand from lower levels ✅
📌Now price has broken out from the bearish descending trendline 🔥
📌Important point right now:
✔️ Price must retest and hold above the green support zone 🟩
📌If this support holds: 👉 Price can move towards $92K → $94K → $96K
📌But note carefully ⚠️
❌ This is NOT a new bull market 📌This move is forming a LOWER HIGH {spot}(BTCUSDT)
📌This is a 1-day chart, so it shows the bigger picture of $DASH.After rejecting the downtrend trendline, price made a massive dump from around 150 → 35. This shows how strong that trendline rejection was.
📌Right now, price is sitting inside a good support zone (green area). Previously, buyers stepped in around this area.
📌For price to move up properly, two things are needed:
➡️ Breakout above the falling trendline Without breaking this line, upside moves will stay weak.
➡️ After breakout, price should retest the white box zone This retest is important to confirm that buyers are in control.
📌If trendline breakout + retest holds, then price can slowly move toward the blue resistance zones above. If support zone fails, then the market can stay weak or move sideways longer.
📌This is a 1-day chart, so it shows the bigger picture of $DASH.After rejecting the downtrend trendline, price made a massive dump from around 150 → 35. This shows how strong that trendline rejection was.
📌Right now, price is sitting inside a good support zone (green area). Previously, buyers stepped in around this area.
📌For price to move up properly, two things are needed:
➡️ Breakout above the falling trendline Without breaking this line, upside moves will stay weak.
➡️ After breakout, price should retest the white box zone This retest is important to confirm that buyers are in control.
📌If trendline breakout + retest holds, then price can slowly move toward the blue resistance zones above. If support zone fails, then the market can stay weak or move sideways longer.
📌 $AVAX Technical Analysis: The market has experienced a significant massive dump, falling from the $60 level down to the $15 range. On the weekly chart, the price has been strictly respecting a descending trendline, having been rejected twice already.
📌 Major Support Zone:
Weekly Demand: AVAX has now dropped into a multi-year support zone near $11–$15 that has historically held the range multiple times.
The Opportunity: This area represents a crucial confluence of long-term trendline support and historical buyers.
Sentiment: While short-term momentum has been bearish, the higher timeframe structure is testing a "bottoming" area.
📌 Bullish Outlook:
The Pivot: If the price successfully holds this weekly support zone, we could see a powerful trend reversal.
Confirmation: Watch for a breakout above the descending trendline for a shift to macro-bullish momentum ✅
📌 $CRV Technical Analysis: The market has endured a massive dump, falling from historical levels near $3.00 down to roughly $0.20. However, the weekly chart is now showing a major structural shift as it attempts to form a Double Bottom pattern.
📌 Double Bottom Pattern Formation:
First Bottom: The first major low was already established around the $0.18–$0.20 range.
Second Bottom: Price is currently retracing to test this same area again, which is forming the "W" shape required for a trend reversal.
Green Support Zone: This zone between $0.33 and $0.40 is acting as a critical floor. If this support holds during the second bottom formation, the pattern will be validated.
📌 Bullish Outlook:
The Confirmation: A successful hold of the green support zone could signal the end of the long-term downtrend.
Potential Targets: If the pattern completes, analysts see an immediate recovery target in the $0.46–$0.50 range, with longer-term potential to retest $1.10+ if the DeFi sector gains momentum.
🔥 Conclusion: $CRV is at a massive accumulation level. If the 2nd bottom holds firmly in the Green Support Zone, we could see a powerful bullish reversal in the coming months! 📈
📌 $GLM Technical Analysis: According to Elliott Wave Theory, the powerful 3rd Wave is now complete. We are currently seeing a healthy price correction as the market forms Wave 4.
📌 Wave 4 Guidelines:
The Support Zone: Price is currently retracing toward the Green Support Zone.
Crucial Rule: For this bullish count to remain valid, Wave 4 must hold above this zone and cannot overlap with the price territory of Wave 1.
📌 The Next Big Move (Wave 5): If the green support holds firmly, we expect a massive trend continuation. This would launch Wave 5, potentially driving $GLM toward new local highs to complete the full 5-wave impulsive sequence.
🔥 Conclusion: The outlook remains BULLISH as long as support holds. Patience is key during this consolidation phase before the final push! 📈
📌 $VIRTUAL got rejected 3 times from the same descending trendline. Each rejection pushed price lower — from $4.5 down to $1. Big dump already happened.
📌 Now price is sitting inside a strong weekly support zone 🟩 This zone has already slowed down sellers and price is trying to stabilize here.
📌 Trendline is still the key. As long as price stays below it, move will be slow.
📌 Bullish case: – Weekly support must hold – Clean breakout above the trendline
If both happen, price can start moving up again step by step, not in one candle.