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$BTC Update-Extremely Bearish as Layered Support Fails to $92KAnother day...another updated BTC chart...🫣 Not Looking Good as layered support keeps failing. *The Shorts clearly have control of the market the past week. *Layered Bearish BTC news continues to add Fear into investors minds. *2025 Economic Uncertainty also added to The Fear Index recently. *We just bounced off The Critical Support Zone at $92K. A drop below this line would incite another major dip down to the Absolute Bottom Support Zone at GETTEX:87K ****Then if Absolute Bottom Support also fails to hold up we have no Support until $76K*** 🥶
COINBASE:BTCUSD
by GoldenRule365
Market Correction: Key Support Levels and Strategic OpportunitieThe market has experienced a decline over the past few days, leading to the liquidation of leveraged long positions and the introduction of new liquidity. This may represent a healthy correction within the context of the broader market trend, which remains firmly upward. As such, the optimal strategy continues to be to buy on dips. Key levels to monitor include the strong support area around 84,500, with additional support at the 73,000 level. While these support levels may not be reached, it is wise to stay alert for potential buying opportunities if the market approaches them. Take care!
COINBASE:BTCUSD
by MCFractalStudies
ADA Update after recent selloff (1D)BINANCE:ADAUSDT in the daily chart saw, as almost everything (stocks, cryptos etc.) a selloff after the FOMC meeting. I personally find it hilarious that, after all these bullish news, there only needs to be ONE bad or slightly negative news and boom, everyone panics. but here we go again: ADA didn't find support (as of now) on the Trendline since 2018. The most important part is now it HAS to find support above it again otherwise it can turn into resistance yet again and we just managed to push through it at the end of november. it kind of found support on the major resistance/support flip line (red) even tho it pushed through, if it holds/closes above it is just a liquidity grab but not a real weakness. same goes with the trendline of 2018. if we manage to get up to around 87cents before the day closes, we can assume the trendline to be still in tact (kind of) altho weakened.. so another clear bounce from that area would be nice to see before attempting higher. the CCI shows we are way oversold now (but it's not a reliable indicator in of itself). so since it couldn't attempt a push through the 161.8 fib extension (as I thought) before everything crashed, I think for now we can see a little consolidation before the uncertainty subsides. somehow I could imagine that the market will consolidate until 20th of january, just because the "uncertainty" of the trump effect will then be a fact or fiction. but we will see. in the greater picture of the crypto market, we saw a 31.78% correction with ADA before rebounding. the next days will tell if it goes down further to the POC (which is at 59 cents) or find support at either 80 or 87 cents (80 is red line, 87 is trendline). PS: if you'd draw fib levels from the recent high to the currently established low, our 50% fib level is at around 1.04 $ and the golden pocket coincides with the 161.8 fib extension level.
by mister_dukester