CryptoSanders9563

BTC/USDT – 1D Chart Analysis BTC is holding above the $108K support zone (green box). This area has acted as a demand zone, preventing deeper downside. Structure: After the breakdown from the wedge pattern earlier, the price is consolidating near support with lower wicks showing buyer defense. Ichimoku Cloud: Price is still inside the cloud zone, suggesting a neutral-to-bullish outlook. A strong daily close above $110K–112K could flip momentum upward. Next Targets: Bullish breakout → Move toward $116K – $120K zone (green arrow projection). If support fails → Risk of retest around $104K – $102K. ⚡ Sentiment: Market is at a make-or-break level — holding $108K could spark a strong rebound; losing it could trigger further correction. DYOR | NFA

MAGIC is currently trading at $0.2376, showing a falling wedge structure with RSI breakout confirmation. 📊 Chart Overview: Falling Wedge Pattern The price is consolidating between a lower high and a higher low. If it breaks to the upside, it is a bullish reversal pattern. Support Area Strong support (trendline support) near $0.22–0.225. As long as this level holds, downside looks limited. RSI Indicator RSI = 52.64, above its MA (46.96). RSI broke its downtrend line → early sign of bullish momentum building. Moving Average (MA 25) The price is slightly above the moving average (0.2324), which is a sign of short-term correction. DYOR | NFA

BTC/USDT RSI Analysis RSI (Relative Strength Index) breakout analysis. Descending wedge in RSI From August 11 to August 22, RSI was forming a descending wedge pattern (lower high, higher low). This is usually a bullish reversal setup. RSI breakout RSI broke out of the bullish wedge on August 22 → rose from ~30 to ~65. Current RSI = 55.97 → from neutral to bullish territory. Moving average (yellow line) = 44.41, which means RSI is above the trend, indicating positive momentum. RSI breakout confirms strong buying interest. This could mean that BTC has completed its short-term correction phase and is ready for another rise. DYOR | NFA

NEAR has broken out of its accumulation zone and is now trading above the key support level of $2.27, with a clean higher-low structure forming. Support Zone: $2.27 Immediate Resistance: $3.34 – $3.56 Breakout Confirmation Target: $4.61 → $5.77 → $6.96 → $8.01+ Long Trade Setup (Swing Idea): Entry: $2.80–$2.95 Stoploss: Below $2.27 Targets: • TP1: $3.56 • TP2: $4.61 • TP3: $6.01 • TP4: $8.00+ (in bullish momentum) Trend Bias: Bullish above $2.27 Momentum Indicator: Price above MA, signaling potential continuation. Stay updated and manage your risk accordingly. DYOR | NFA

Solana has completed a classic Inverse Head and Shoulders pattern, breaking out above the neckline near the $185–$190 zone. Currently holding above the breakout zone, showing bullish strength. As long as SOL stays above the neckline support, continuation toward $210–$230 remains likely. Trend remains strong above the moving average. Stay updated and manage your risk accordingly. DYOR | NFA

Bitcoin has successfully broken out of the descending wedge, retested the support zone near $117K, and is now showing signs of a bullish continuation. If momentum holds, price could aim for the $122K–$124K range next. Structure remains bullish as long as it stays above the retest zone.

ETH/USDT – Weekly Chart Analysis ETH is testing a major historical resistance between $3,700 – $4,000 (highlighted green zone). A clean breakout above this level could push price toward the next key resistance at ~$4,660. Previous accumulation zone around $2,400 – $2,800 (yellow box) now acts as strong support. Long-term floor at $1,420 and $1,025, though currently far below. Bullish Breakout Potential: If ETH sustains above the green resistance, it may retest $4,660+. A failure to break above $4K could lead to a healthy pullback toward the yellow zone (~$2,800). Stay updated and manage your risk accordingly. DYOR | NFA

BTC/USDT – 2H Chart Update Breakout Confirmed: BTC has broken above the descending trendline but is currently facing resistance at around $ 119,500. Support Zone: Strong ascending support between $ 117,000 and $ 118,000 remains intact. Moving Average: Price is currently testing the 2H MA (~$118.3). Holding above this could confirm bullish continuation. Outlook: If BTC holds above $ 118,000, a move toward $ 123,000–$ 125,000 is likely. Failure to hold may retest $117K support. Bias: Short-term bullish unless price breaks below ascending trendline. Thanks for your support! DYOR. NFA

ETH has been trading inside a symmetrical triangle (shown by converging black trendlines).A breakout has occurred above the descending trendline, signaling bullish momentum.The rising diagonal trendline from late June is acting as strong support.Ichimoku Cloud:ETH is above the cloud, indicating a bullish bias.The cloud below the price is green and fairly thin, suggesting modest support if the price dips back.Key Levels:Resistance Zone: $2,650–$2,700 (upper breakout zone).Immediate Support: $2,550 trendline area.Major Support Zone: $2,250–$2,450 (large yellow box). This has previously served as a significant accumulation zone.Potential Scenario:The price may retest the broken triangle trendline around $2,550–$2,570 (as indicated by the wavy projection on your chart).Holding above this level could fuel a rally toward $2,750–$2,850 next.Losing $2,550 would expose ETH back toward the bigger yellow support zone.Short-Term Outlook:Momentum favors bulls as long as ETH stays above ~$2,550.Watch for volume on any move above $2,650 to confirm continuation toward higher targets.Conclusion:ETH has broken its triangle resistance and looks poised for further upside. A successful retest near $2,550–$2,570 could launch the next leg higher toward $2,750–$2,850.Stay tuned for updates and key levels to watch!Thanks for your support!DYOR. NFA

Patterns and Structure:Bitcoin remains inside a larger converging structure (symmetrical triangle/wedge) visible from the diagonal trendline.The price has recently broken above the descending resistance trendline but is hovering near the red resistance area (~$109,000–$110,000).Ichimoku Cloud:The price is currently above the Ichimoku Cloud, which acts as support (~$107,000–$108,000 area).The cloud below the price is green, indicating bullish momentum.Key Areas:Resistance Area: $109,000–$110,000 (red box). Multiple previous rejections from this area.Support Zone: $106,000–$107,000 (cloud and trendline support).Key Lower Support: The green box near $98,000–$100,000, in case of a deeper retracement.Possible Scenario:As your blue arrow suggests, if Bitcoin consolidates above the breakout level (~$108,000), a rally towards the next major resistance between $112,000–$114,000 is likely.Conversely, losing the breakout zone could see BTC return to retest lower support levels around $106,000 or $100,000.Short-term Outlook:The trend bias remains bullish as long as BTC stays above ~$107,000.Monitor price reaction to the red resistance zone for breakout confirmation or potential rejection.Conclusion:BTC is showing signs of strength, but the $109,000-$110,000 resistance zone is crucial. A confirmed breakout above this zone could accelerate the move towards the $112,000-$114,000 targets.Stay tuned for updates and key levels to watch!Thanks for your support!DYOR. NFA