🤩 Long 🟢 : "Weekly Support Trends in Focus" Pair: $LINK USDT
Interval: 1W
LINK is currently entering a significant weekly support zone, previously identified as accumulation. This level is crucial for potential long-term bullish positions. A clear break above the descending red channel is necessary for a new upward trend. Emphasis on support, structural break, then impulse. Note: Not financial advice, trade cautiously and follow a trading plan diligently.
💡 Enter long after a confirmed breakout above the descending channel and reclaim of the $9.00 weekly support. Stop loss set below recent lows for protection, targeting a move back to the mid-range resistance from previous structure.
😶 Neutral 🟡 : Analysis: Ethereum's Price Targets of $1,500 and $3,000 - Prioritizing the Next Move Pair: $ETH USDT
ETH has been trading within a clear range near the $2,000 level, forming a symmetrical triangle indicating an impending breakout. Price movement within the triangle suggests consolidation. A breakout above the upper bound could lead to a bullish move towards the $3,000 level, while a downside break may trigger a bearish move towards $1,500 support. The focus now shifts to which level will be tested first.
💡 ETH is consolidating within a symmetrical triangle near $2,000, showing indecision. A neutral position targets small moves within the range, with tight stops to minimize loss if a breakout occurs. This approach captures profits from continued sideways action while protecting against sudden volatility.
Long 🟢 : $BTC Price Analysis: Potential Reversal Zone and Upside to $70,000
Bitcoin has started to rise as predicted and hit the first target. It is currently within the heavy support zone and near the Potential Reversal Zone and Cumulative Long Liquidation Leverage. Based on Elliott Wave theory, Bitcoin is expected to rise to at least $70,211 with a Stop Loss at $64,659. Market conditions may cause fluctuations in the points mentioned.
💡 Price is bouncing from a heavy support and potential reversal zone, with Elliott Wave structure suggesting a new upward impulse. The stop loss is set just below cumulative long liquidation, and take profit targets the next resistance and liquidation zone.
JUST IN: Michael Saylor's 'Strategy' says it can "withstand a drawdown in Bitcoin's price to $8K and still have sufficient assets to fully cover its debt."
JUST IN: 🇺🇸 White House Official Patrick Witt says there are "trillions of dollars in institutional capital on the sidelines" waiting to enter the crypto market.
$RIVER Big congratulations to everyone! All our targets have been successfully hit. 🙏 Thank you to everyone who trusted my analysis and followed the signal with discipline. Your patience and confidence made this trade successful. {future}(RIVERUSDT)
BTC is stabilizing after the recent pullback and trying to defend the 66K - 67K support zone. Buyers are stepping in, but momentum is still building slowly. This setup focuses on a controlled bounce from support rather than chasing price into resistance.
Define risk is important here. If 66K loses strength, stepping aside is the smarter decision instead of hoping.
Do you see $BTC reclaiming 70K soon or waiting for a stronger breakout confirmation?
SEC Chair Slammed by Democrats Over Shift in Crypto Enforcement
U.S. lawmakers challenged SEC Chair Paul Atkins over a sharp decline in crypto enforcement actions, raising concerns about dismissed lawsuits and alleged political ties to Trump-linked crypto ventures. Lawmakers Question Paul Atkinson on Dropped Crypto Cases Tensions over crypto regulation resurfaced on Capitol Hill this week as lawmakers questioned Securities and Exchange Commission (SEC) Chair […]
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