SOL is back around $132, failing to stay above $135. Reclaiming 4HR 50MA could signal a recovery, while a continuation of bearish momentum could bring SOL to $120.
ETH is back below support and 4HR 50MA, trading around $2.3k. Reclaiming 50/200MA and $2.4k would signal strength. Bearish target is $2k - $2.1k, if $2.25k is lost.
BTC failed to keep its bullish momentum above GETTEX:59K , now trading just below 4HR 200MA around $58.7k. $56.5k - $58k is the nearest support zone. If lost, $50k could still be expected.
DXY is potentially creating a triple bottom with 4HR bullish divergence. Currently around 100.3, if support is lost here, the next support zone is around 99 - 99.6. Volatility can be expected this week due to the Fed's rate decision.
SOL trades around $132, just above 4HR 50MA, however, failing to stay above $135. If price stays within the current range and reclaims $135, that could be bullish. Otherwise, assuming the move to $135 was a fakeout, SOL could head back to $120.
ETH trades around $2.3k, just below 4HR 50MA, after facing resistance around $2.4k. Failing to create HHs could signal lower prices with the first bearish target being $2k - $2.1k. Closing above $2.4k would signal a shift in sentiment or momentum.
BTC trades around $56.5k, potentially retesting 50MA or $56.6k as support. Failing to reclaim $58k could be a signal of weakness with $50k being the bearish target if GETTEX:54K is lost..
DXY is just under 4HR 50MA around 101, yet to reclaim 101.2. CPI at 14:30 could trigger the next move. If 4HR 50MA can’t be claimed then a retest of 100 can be expected. Reclaiming 50MA could lead to a test of 4HR 200MA around 102.
ETH is testing previous support around $2.4k. Reclaiming 4HR 50MA or $2.5k could signal some strength. Failing to do so could lead to a retest of support around $2k - $2.1k.
BTC trades around $55.3k, potentially heading to retest 4HR 50MA or previous support around $56.5k. Reclaiming this zone could be bullish, however, resistance could be more likely due to a bearish market structure and sentiment. A retest of $50k is possible, tying in with Fed’s rate decision, creating bullish divergence and setting the stage for a potential break of ATHs.
DXY is around 101.17, potentially about to retest previous support as resistance around 101.2… Reclaiming this zone and closing above 101.5 could be short term bullish. A continuation of bullish momentum could lead to a retest of 102.4 around 18 Sep, tying in with Fed’s rates decision.
SOL trades around $130, possibly testing 4HR 50MA as resistance. Reclaiming $130-$132 could lead to a retest of $135. Otherwise, a bearish signal at current price levels could lead to lower prices from $118 - $120.
SOL trades around $131, testing potential support. Closing below $127 could signal further weakness, while closing above $135.5 could signal strength and a potential attempt at $140 or reclaiming 4HR 50MA.
DXY is currently testing previous local resistance as support around 101.25. Losing support could mean a test of 4HR 50MA or 100.5 area. Holding support and clearing 101.5 could mean an attempt at 101.85.
SOL trades around $143.2, just above 4HR 50MA, however failing to provide a decisive break and retest of $143.5-$144… Being short since last week, I’m still expecting lower prices as my bearish bias is yet to be invalidated. Closing above $147-$149 could signal strength and would be my first bullish signal.
BTC trades around $61k, potentially finding support after breaking sloping resistance. However, resistance can be expected around 4HR 200MA or $63k-$64k. Closing above that could really signal strength… Currently still in bearish territory, BTC has yet to show that decisive break or bullish signal. $58k can still be expected if support is lost.
