stevetambo32

BTC price bullish engulf on daily chart at a key demand zone. Extreme bear trap. With fed cut rates on the way it's safe to say all bets are long .

4HR Demand zone at $196 holds strong . Looks like SOL is ready to take off from here. Minimum target $240.

Bulls look finished for now with the breakdown of 110K support area. No more hopes for longs. Looks like next area of interest is 92.5K. Long from here or sure .

Recent price dip to 0.1618 fib point (draw fib from 124K to 98K). Consumer confidence news forecast shows a dip incoming . Weaker USD. Fed rate cuts expected as early as September. I think there's potential to see a move to 140K from here.

Still in the ascending channel post breakout of the inverse H&S formation. Looks like price is oversold at the upper resistance of the channel. With current market sentiment at greed I'm expecting a reversal from here. First stop 95K before we resume back up.

I see divergence on 30 min chart between price and MACD. Will $210 resistance finally break or will we see price move back down to fill fair value gap at $176 ?

Yesterday's bullish action looking more and more like an impulse move rather than actual trend continuation. Price made a rapid attempt at breaking past supply zone at $116/117000 area. Doesn't look like a clean break though, bearish engulfing formed at this price point hints at further downside. Will we see $107000?

Choppy movement to $174 demand zone but bulls step in finally and the uptrend resumes. All eyes on $250 area now

Crypto markets in red this week. SOL failed to break above 200 finitely. Next zone to watch is demand area around $155. Bulls need to defend this if bullish market conditions should prevail

Measured move looks to have bee between 155 and 210. Drawing retracement fib using these points looks like price has found support at 0.5 fib. Potential long from here? Looks possible.