📊 BTC Technical Analysis (Valid 1–2 Days)

1-Hour Chart Analysis

• Trend: The price is currently trading above the 5, 10, and 20-period moving averages, indicating a short-term uptrend.
• MACD: A bullish crossover has occurred, suggesting continued upward momentum.
• Key Support and Resistance Levels:
  • Support: 87,500
  • Resistance: 88,200

4-Hour Chart Analysis

• Trend: The price remains above the Ichimoku Cloud, confirming a medium-term bullish trend.
• Ichimoku Cloud: Price action above the cloud suggests bullish strength.
• ADX Indicator: The ADX is above 25, which indicates the presence of a strong trend.

Daily Chart Analysis

• Trend: The long-term trend is bullish, supported by the formation of higher highs and higher lows.
• Fibonacci Retracement Levels:
  • 38.2% level at 86,500
  • 61.8% level at 85,000
• Order Block (Demand Zone): Identified between the 86,000–86,500 price range.

Trade Setup and Strategy

• Entry Zone: 87,800
• Stop Loss Levels:
  • Level 1: 87,200
  • Level 2: 86,800
  • Level 3: 86,500
• Take Profit Targets:
  • Target 1: 88,500
  • Target 2: 89,000
  • Target 3: 89,500
  • Target 4: 90,000
  • Target 5: 91,000

 

📊 AAVE Technical Analysis (Valid 1–2 Days)

1-Hour Chart Analysis

• Trend: The price is currently positioned slightly above the 5, 10, and 20-period simple moving averages (SMAs), indicating a potential short-term uptrend.
• MACD: The MACD line is crossing above the signal line, signaling emerging bullish momentum.
• Moving Averages: Convergence of short-term SMAs suggests a consolidation phase, which may precede a breakout.

4-Hour Chart Analysis

• Trend: The price is approaching the Ichimoku Cloud, indicating potential for either a trend continuation or reversal.
• Ichimoku Cloud: Acts as a dynamic resistance level in this context.
• ADX Indicator:
  • An ADX above 25 indicates a strong trend.
  • An ADX below 20 would suggest a weak or ranging market.

Daily Chart Analysis

• Trend: The price is currently consolidating, with the potential for a breakout depending on market momentum.
• Fibonacci Retracement Levels:
  • 38.2% and 61.8% retracement levels are key zones to monitor for support or resistance.
• Order Blocks: Recent consolidation zones may serve as support/resistance and are potential order block regions.

Key Levels

• Support Zones: $182 and $176
• Resistance Zones: $192 and $196

Trade Setup and Strategy

• Entry Zone:
  • Optimal entry near $185
• Stop Loss Levels:
  • Level 1: $180 (just below recent swing low)
  • Level 2: $176 (beneath key support)
  • Level 3: $172 (below major support structure)
• Take Profit Targets:
  • Target 1: $190
  • Target 2: $194
  • Target 3: $198
  • Target 4: $202
  • Target 5: $206