solana:So11111111111111111111111111111111111111112 | Solana Market Analysis | Weekly/Daily/Hourly
1W: been stuck in range of weekly candle from first week of February for five months now, range lows 67.5 range highs 106
failed to breakdown during high volume selloff + peak fear last month & reclaimed range, now retesting key weekly resistance level 81.5-88
1D: volume profile of the range shows majority of the action has happened between 78-92, w/ POC around 85, close to where we topped out at on this rally, the inefficient down move from 83 to 60 has been fully filled, on daily believe closes through June highs @ 83 would push us back to range highs, usually when you fail to breakout to one side of the range and reclaim you end up retesting the opposite side of the range
am betting on us forming a higher low here in the mid 70s but believe price action will be choppy until we cleanly trade above the topside of this range > 106
good place to accumulate spot position for long term with weekly dollar cost avg buys, inval if we lose the lows from June
1H: retesting low TF demand at beginning of Q3 before breaking mtf range to upside, believe good spot to look for longs 72-75 w/ invals < 71 going into next week expecting retest of 83-85, extended targets 106 & then 150+ later in Q3
$QTUM ✍🏻
I think that once it breaks the trend and manages to hold above it, it will first reach the bottom of the accumulation zone.
At the same time, I’m also tracking a PO3 setup.
$AAVE has broken below the rising trendline and is now trading under the 200 MA, showing that short-term momentum is weakening.
The recent rejection from the upper channel resistance has shifted the bias to the downside, and sellers are starting to take control.
As long as price stays below the $90 - $92 resistance zone, lower levels remain likely.
This short setup looks interesting here if the current structure continues to hold.
#AAVE
$SEI = Next 10x Play? 🚀
imo #SEI has $2 long-run potential. $1 looks very realistic this bull run.
Accumulation Zone: $0.046-$0.036
Targets: $0.16 | $0.35 | $0.70 | $1 | $2
Even if a big dip comes, it’s still a golden buy zone.
NFA & ALWAYS DYOR
@SeiNetwork
THE MOST DANGEROUS BITCOIN CHART I'VE SEEN THIS CYCLE.
BITCOIN HAS FOLLOWED THE SAME EXPANDING CHANNEL FOR 8 YEARS.
EVERY BULL MARKET TOP HIT THE UPPER RESISTANCE.
EVERY BEAR MARKET ENDED WITH A FULL CAPITULATION TO THE LOWER TRENDLINE.
WE'RE NOW RACING TOWARD THAT SAME RESISTANCE FOR THE THIRD CYCLE IN A ROW.
IF HISTORY RHYMES...
THE BIGGEST BUYING OPPORTUNITY MAY COME AFTER THE BIGGEST SHAKEOUT.
$btc long
The bull structure is intact 🧠
🚨 A very solid reclaim! The price has successfully returned above the local line and TP 1. The previous decline was simply a shakeout to clear retail positions before resuming the trend.
The system is working as expected. Now, focus back on testing the key level.
Be disciplined, stay calm, and let the market run to the target. 🔥
Disclaimer: NFA. DYOR.
$ETH
- In May : I told you from $2400 to new lows again ⌛️ -> & we hit new lows ✅
- Now in July : I am telling you : If we Close as SFP on weekly = new lows loading ⌛️
- Best case Scenario is $2k-2.2k & then new lows ⌛️⌛️
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$CAKE is still cooking! GIGA bullish "quadruple bottom" in the works! Target: back to $20 and then even $100 is still possible at some point in the time... Not FA! #CAKE