EstherLeblanc

SOLUSDT is seeing a gentle decline today, trading around 174.54 USDT as the new week kicks off, marking a slight 1.06% dip for the day.While the short-term chart shows a clear downward trend, this movement appears to be more of a corrective pullback. The coin is edging closer to completing a double-top pattern, with key support positioned at 165.40 USDT.On the other hand, if the double-top pattern doesn’t fully form, the overall uptrend remains intact, supported by the EMA 34 and 89 levels and an ascending trendline.What’s your outlook on SOLUSDT’s direction?.

Today, ETHUSDT is trading around 2,481 USDT, remaining within a parallel uptrend channel on the 1-hour chart.Although we’re seeing some upward movement, the long-term outlook for ETHUSDT is still under strong selling pressure. As the new week kicked off, the price began to drop, currently down by 1.02% for the day.Looking ahead, I’m considering a sell strategy, anticipating a possible breakout from the price channel and targeting 2,432 USDT, with a further goal at 2,382 USDT.What’s your take on ETHUSDT’s trend? Share your thoughts in the comments!

Based on the current chart and technical indicators, BTCUSDT is forming a converging triangle pattern, with strong support around 66,605 and resistance near 68,500. This setup suggests a potential consolidation before a breakout, which, if successful, could push BTCUSDT to higher levels like 70,000 USDT or even 71,500 USDT under favorable market conditions.Additionally, BTC's ability to hold above its moving average (MA) indicates that short-term bullish momentum remains intact. As the market approaches this critical breakout point, do you think BTCUSDT is primed for a new high, or will it face strong resistance? Share your thoughts

BTCUSDT has recently broken out of its short-term ascending channel and faced strong resistance from the 34 EMA – a clear signal that selling pressure is building. This opens up a selling opportunity with potential profits from the downtrend.My Selling StrategyEntry Zone: 67,286 - 67,886 USDTake Profit Targets:Target 1: 65,606 USDTarget 2: 65,273 USDStop Loss: Above 67,886 USD.

BNB/USDT is facing resistance around $598 and has failed to break higher. The price is now consolidating around $590. A bearish continuation towards $581 is likely if resistance holds.Strategy: Consider selling near the $590-$598 zone with a target around $581, watching for a rejection at resistance before entering short positions.

The SOLUSDT chart is currently forming a bearish head and shoulders pattern, a well-known technical indicator that typically signals an impending trend reversal. The pattern's left shoulder, head, and right shoulder have formed, and the price is now testing the crucial neckline around $170.80.Implications of the Pattern If SOLUSDT breaks below the neckline, it could trigger a significant downward move, potentially driving the price toward the key support level at $164. This area is expected to provide some temporary support, but the overall trend suggests that more downside pressure is likely if the neckline breaks convincingly.Trading Strategy: Prioritize Selling Traders should focus on short opportunities, especially if the price breaks and closes below the neckline. A short position could target the $164 zone, with further selling pressure possibly extending beyond that point if bearish momentum continues.In summary, the head and shoulders pattern presents a bearish outlook for SOLUSDT, and shorting strategies should be prioritized as the price approaches the neckline for confirmation of the downtrend.nice

Looking at the provided chart for Ethereum (ETHUSDT), there has been a clear breakout from the upward trendline. Following the breakout, the price has moved into a consolidation zone just below the resistance area marked in red around $2,575.Next Movement Direction Given the recent break of the trendline and the subsequent failure to hold the higher levels, Ethereum appears poised for further downside. The chart suggests a retest of the resistance zone at $2,575, but without sufficient momentum to break higher, the price is more likely to face rejection.Expected Move If the rejection holds, the next likely movement would be a drop towards the highlighted support zone around $2,440. This area is a key level to watch as it could provide significant buying interest. In this scenario, a bearish move toward the $2,440 zone seems probable, following the established downward trajectory after the breakout...

Bitcoin (BTCUSDT) is currently testing resistance at the $68,000 level within a clear upward channel. From my analysis, the market is showing signs of potential retracement back toward the channel’s lower boundary, around $64,500.Strategic Outlook: Sell First, Buy LaterGiven the current setup, I recommend a sell-first strategy as BTC faces resistance. We can look for a buying opportunity when the price approaches support near $64,500. This approach allows us to capture profit during the downturn, while also positioning ourselves for a rebound as Bitcoin remains within its upward channel.By monitoring the $68,000 zone closely, we can time our entries and exits effectively to maximize returns in both directions..

The ETH/USDT chart shows that Ethereum is testing a key support zone around $2,589. If it holds, the price could bounce back towards the $2,747 resistance. However, if the support breaks, a further drop to $2,496 is possible. Keep an eye on these levels for potential price movement.

The chart provided shows DOGE/USDT forming a bull flag pattern, which is a classic continuation signal during an uptrend. After a strong initial rally, the price has entered a consolidation phase within parallel lines, creating the flag. This period of consolidation represents a temporary pause before the continuation of the upward trend.The key resistance for this pattern is the upper trendline of the flag. Once the price breaks above this resistance, it signals the potential continuation of the bullish movement. A breakout would likely lead to a sharp rise in price, targeting levels higher than 0.15000 USDT.The EMAs (Exponential Moving Averages) support this bullish outlook, as the price remains above both the 34 and 89 EMAs, further indicating that the bullish momentum is still intact. Traders might look for a breakout above the flag pattern to confirm further upward movement, with possible targets aligning with the previous uptrend’s height.In conclusion, this bull flag pattern on DOGE/USDT suggests that once the price breaks out of the consolidation zone, we can expect a continuation of the upward trend, providing potential buy opportunities on a successful breakout.