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CryptoFallen

CryptoFallen
2 Options, Keeping it simple

BTC is currently within its long-term ascending channel but has shown strong rejection at the upper boundary (~$100K). A pullback toward the mid-channel support (~$70K-$75K) seems likely, aligning with historical retracement patterns. Indicators Show Weakness: RSI Divergence suggests a slowdown in momentum. MACD hints at a potential bearish crossover. 📉 Key Levels to Watch: Resistance: $95K - $100K (Upper trendline) Support: $75K (Mid-channel), $60K (Lower trendline) 📈 Scenario 1: BTC consolidates and regains strength for a new ATH attempt. 📉 Scenario 2: A deeper correction to the lower trendline before continuation. Needs to really break $95k first.

CryptoFallen
Failure to hold $2k, will mean $1500 or $860 support

Following basics, we break out of support lines, now next levels of support are on the fib lines... What you think? Not rocket science really for ETH

CryptoFallen
Possible H&S for XRP

Will we Ripple down or bounce from here. Invalidation zones are as shown.

CryptoFallen
5 Wave Structure complete

It seems like OMUSD has completed its final 5th wave, are we about to finally enter the correction phase? OM has been really strong in its rally considering the rest of the cryptospace has been lagging behind.

CryptoFallen
Possible top for BTC for this cycle?

Trying to see what the bullish outlook is for #BTC, however I am finding a lot more bearish arguments at this stage then bullish. Looking at the Daily, Weekly and Monthly Chart: - RSI printing Bearish Divergences - Failing to break above the heavy pitch-fork channel formed since 2017 Highs through to the highs in 2021. Daily: - 50MA is approaching closer and looks to roll back around. - Super Guppy band is starting to tighten and turn neutral. - 5th Wave of Elliot has finished, with a truncated top. - Double top pattern - Wyckoff Distribution looks to be in play Of course if we can break out of this massive channel, this bearishness is no longer valid. What case for Bullishness can you give me for BTC?Now do we get a bounce or are we going further lower?

CryptoFallen
Zoom out and see the channel

Channel started forming since 2017, always remember, till we break out of the channel, it is all noise about going to $1m... BTCUSD

CryptoFallen
BTC to $76k

If history is to repeat similar to 2021, expect BTCUSD to retrace to $76k, $76k is also where the CME Gap is as well, looking at this channel that has withstood time and the short-term trend. I do believe $76k is going to happen.Not to mention there is also the Bearish Divergence as well on the Weekly RSI

CryptoFallen
BTC Bear Flag Continuation

BTC has broken out of its upwards channel and is looking to make further downsides with a bear flag in play now it seems BTCUSD
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.

