blocknology

Solana completed a major ABC correction into a supply zone on the higher time frame (HTF), taking out the previous quarter’s highs. On the daily chart, the RSI is overbought and signals the potential for a significant retracement. Price action on the 4-hour chart shows a series of lower highs, indicating a bearish trend. If Solana fails to break above the previous high and trigger a market structure shift, the downtrend is likely to continue, leading to a deeper retracement on the higher time frames.

Chainlink (LINK) shows strong bullish potential for a swing trade. However, it’s likely to first dip to clear out liquidity at lower levels. Look for a bullish Market Structure Shift (MSS) on the lower timeframe (LTF) to confirm the start of an upward move.Remember, do not guess. Prepare and React.Confidence comes from Clarity, not Hope.

INJ Analysis:Injective (INJ) is nearing the completion of a right shoulder in a potential chart pattern, with a double bottom forming below, indicating a strong liquidity level. There’s also a high-probability demand zone right after that liquidity level, so i can expect that institucional buyers are looking for that levels for an entry to start the next big leg up.Short term Sell idea with target ending in a Long term buying idea.BTC Outlook & Altcoin Impact:I expect Bitcoin (BTC) to climb to around $96,000 before its next major upward move. If this happens, it supports the idea that some altcoins, like INJ, may dip to capture untapped liquidity at lower levels before rallying.

SOL is currently consolidating and building liquidity.For a short position, we need to see a liquidity sweep into the supply zone, supported by the volume profile, followed by the price breaking below the 200-period EMA for final confirmation.

WIF has just broken below the 200 EMA on the H4 timeframe and reacted to an imbalance area.From here, it’s possible for a pullback to form in an ABC pattern with low volume on the upward move, potentially testing the resistance zone where the 200 EMA may also act as resistance.Looking at the BTC chart, there’s still room for further downside, which supports our thesis.Using the RSI across the M15 and H1 timeframes to identify overbought areas with divergence could serve as the entry trigger.Let’s see what this week brings!

Near is falling bellow the 200EMA on the 1H Time Frame and price is showing weakness trying to gain momentum to the upside.Before we start the next big move up we need the price to go lower and grab some liquidity to have the necessary fuel to start the real move to the upside.

NEAR is on its way to finish a wave 2 with a ABC pullback to Discount sweeping Previous Week Low.If we close back bullish inside previous week range, we have a buy signal.

SOL to continue its uptrend needs to pullback to HTF Demand levels. H4 or H12 Demand Zones.Right now we are forming liquidity on a ewave 4 and possibly going to sweep that liquidity up forming a wave 5 before the push down looking for that HTF level.Take profit level reached