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$SUI
Looks like SUI is about to confirm this bottom signal on the Weekly. Phantom has a divergence, but it's slightly behind the market at the moment.
The Daily had an interesting fakeout to begin this breakout. B/R combo that first failed on the first candle, but then the second candle had an engulfing reversal that confirmed it. Since then, it began to overtake the 200DMA, but then pulled back within with a top candle and is still in limbo right now. All you're looking for here is to invalidate that topping signal. As long as today and tomorrow's close does not fall below that candle, we s
SUI1.89%
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$CRV
Golden cross on the Daily crossing as we speak. Fairly clean price action here also. Breakout after consolidation, immediate break through the 200DMA, back-test, then breakout again. And now, we wait for this topping signal to invalidate. Notice how the top candle back-tested that resistance level on the last leg. A SL below that track line should suffice for the mid-term.
Zooming out, the Weekly has finally confirmed its bottom after all that basing. Breakout tapped the 50WMA. But what I want to point your attention to most of all is the Phantom indicator. Notice the bullish divergence
CRV0.24%
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$ETH
Ethereum is flexing against the market recently. After this last breakout, we are sitting right on top of this old resistance near $2416. Golden cross isn't too far away on the Daily so I'd expect some more uplift in the near future to coincide with that.
The Weekly speaks for itself, shows all the important levels at the moment. We nearly tested the 50WMA, but already testing the 200WMA. Clear double bottom playing out. 🫡
ETH0.67%
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$ANVL
Anvil found some resistance the other day, but thus far is still holding above the Daily track line and looks like it may invalidate this reversal candle from yesterday with a decent candle. Sitting just on top of the 100D EMA.
With that said, somewhat of a bounce-back on the 4HR since this chop began. Bottom was confirmed on LTFs yesterday and has since retested local resistance above. Slight reversal popping its head out to close out the week, but as long as there's no major reversals it should try to retest above again.
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$ZEC
Not much to be said on Zcash. Fairly big news-driven event, but that was just enough to get things kick-started into a stage 2 breakout. Daily still looks okay thus far, and the Weekly is surely in progress still.
ZEC5.56%
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GateUser-7905551f:
The plunge has begun
$SOL
Solana clearly breaking out into a stage 2 uptrend on the Daily, and the Weekly is still in progress.
Currently testing the old bottom back in April 2025, which is now acting as resistance. But look at the overall area here, as well, several key levels converging during this breakout. Slight bullish divergence on the Phantom. My guess is we're not done seeing the breakout for Solana, esp on the Weekly.
SOL-1.19%
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$amp
Okay, so here's where things stand now as we head into the weekly closes.
The Daily confirmed that B/R combo earlier this week and then immediately moved higher to retake the 50DMA; for the first time in a while too. Couple of key points here: the Weekly bottom (on the second chart) will have a chance to confirm tomorrow at the close. Notice how today's price action even back-tested that area a little bit. More confluence too; notice how the Phantom had a bullish divergence that whole time, and just now it's finally starting to flip positive just barely. More than likely, this PA should
AMP1.48%
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$BTC
Key updates here:
First, let's give a round of applause for that B/R combo performance and post breakout. But look what also happened.
Notice the old local resistance dating back to mid-April. Not only did we break the 50D, but we blew right past the 200D. And it didn't end there by retaking that resistance here at $76k -- we're even back-testing it a bit today.
The Weekly has some concrete changes too. We have a double bottom right now, but keep an eye out for an inverse H&S, as well. Regardless, look at that pristine move with a B confirmation off the 200WMA area to test the Weekly tr
BTC0.05%
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$ZEC with a beautiful breakout and *just* now showing us the power of that shaded squeeze. This is the Weekly too.. good times comin'.
ZEC5.56%
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Exciting to see all these new charts with not-so-boring price action again. Chart updates incoming today n tomorrow 👍
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And if you ever needed a sign. There's a beautiful one on the Weekly. Gorgeous engulfing confirmation right to the Weekly track line, eyeing up the 50WMA. $BTC
That is exactly what we've been looking for.
BTC0.05%
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$anvl
there's the next resistance level for anvil. still holding above the Daily track line, still positive. next leg will begin after breaking that $0.00098940 level.
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$zec starting to test local resistance above finally on the Daily.
matter of fact, look at the Weekly, which looks even better. shaded squeeze with a beautiful candle tapping the top of that trend line. this, to me, looks like it will eventually break that and start a new leg (eventually).
ZEC5.56%
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gm
push it over boys $amp
AMP2.97%
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$ETH bringing the HEAT 🔥
A few key points to watch here:
First of all, look at the Daily. If it's not clear yet, well.. open your eyes I guess 👀 We've got a massive candle breaking out of this shaded squeeze that was getting pinned between the 50D and 200D MAs. Didn't take much for it to blow right through the 200, and technically still going. Why is this important?
Because this leads right into the Weekly PA and our second point, which is the strength we needed to start looking at the Weekly again and get some positive action on HTFs. Before, price action looked weak and if we hadn't seen a
ETH0.67%
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$SOL breaking out and nearly testing the 200DMA.
SOL-1.19%
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$ETH looking good here with this new shaded squeeze breakout, and just under the 200DMA also. With this current price action, it also opens a path to confirming this Weekly local bottom, which is arguably just as important if we're looking at Q4 prospects.
ETH0.67%
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$BTC actually has a chance to confirm this B/R combo during this shaded squeeze on the Daily tonight. Any bets on whether it will or not?
BTC0.05%
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