$BTC The descending wedge is only invalidated by a confirmed break below the $80,677 region. My target remains around $85,694.
If the wedge is invalidated, we could see a return to the $75,000β$76,000 price range.
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$BTC has broken upward out of the descending wedge it had formed, and the highest-probability scenario now points to a move toward the $85,700 price region.
$ETH is correcting and is currently at the first support zone around the $2,357 level. It may reach the second price region at $2,126, hold price structure, and continue the uptrend.
We will only reverse into a downtrend if it loses the $2,126 region and subsequently $1,500.
$BTC has reversed and we are now in an uptrend. Bitcoin pulled back over the last few days and reached the first support zone around the $80,264 level. It may break below this first zone and seek the $72,000 region, hold the price there, and maintain the trend and continuation of the rally.
A downtrend will only occur with a loss of the $72,000 region and subsequently $60,000.
$ETH invalidated the symmetrical triangle and is now trading sideways in a range.
An upside breakout above $2,535 confirms accumulation with a target of $2,855.
A breakdown below $2,360 signals distribution, bringing the $2,119 target into play.
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bitcoin:native is forming a cone pattern that favors a drop to the $70,000 support zone.
The symmetrical triangle breakout remains valid with a target of $84,288. A break below $76,186 invalidates the upside target and confirms the bearish cone setup.
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bitcoin:native had a fakeout to the downside from the symmetrical triangle and is reclaiming higher levels.
The false breakdown increases the odds, giving Bitcoin a 60% chance to hit $84,288.
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bitcoin:native broke down, opening the door for a retest of $78,000 to $78,500. A break above $79,277 invalidates the pattern until a new structure forms.
With no invalidation yet, the target region of $72,552 remains at a 50% probability.
$ETH is currently trading inside a symmetrical triangle, giving it a 50% chance to break either way and reach its target.
A move to the upside targets $2,682, while a downside breakdown points to $2,211.
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bitcoin:native is currently in a symmetrical triangle, with a 50% probability of breaking out in either direction to reach its projected target.
An upside breakout targets the $84,288 region, while a downside breakdown targets $72,552.
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$BTC needs a higher high above the $82,800 level to reverse the trend, and pullbacks are buying opportunities.
For now, the market remains in a continuation of the downtrend. Sentiment is showing improvement, but the charts are not.
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$BTC is in a rising wedge, which has a higher probability of returning to the $61,000 region. A pivot above $67,234 can be considered a bullish trend reversal based on technical analysis.
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$BTC remains in an ascending channel favoring a breakdown, grinding higher to capture liquidity. A bullish reversal only triggers if Bitcoin forms a pivot above the $67,305 region.
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$VIRTUAL looks to be in an accumulation pattern. An upside breakout has a 70% to 75% chance of hitting the $2.43 technical target, a potential 300% gain from here.
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$HYPE is correcting right now and could retest $50 to set up a move toward new highs. If $50 fails to hold, we could look for lower prices in the $40 area.
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$ZEC is forming a symmetrical triangle after a bullish move, favoring an upside breakout. There is a 60% to 64% probability of reaching the technical target at $1,167.
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$SOL is holding the $75 support, aiming to lock in a bear trap. It needs a fast reclaim of the $88 zone to increase the probability of a major trend reversal.
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$ETH is in an ascending channel favoring a breakdown, while higher timeframes show a sideways range. Losing the $1,804 support means the move to $1,849 was a bull trap, opening the door for further drops toward the $1,242 zone.
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