$78K Breakdown: The Next Move for BTC.Hey traders! 🦬🐻✊🏼🌴
In my previous post, I highlighted how important the $78K level was for the bulls:
“Holding the $78K level followed by a breakout above $80K will almost certainly send price toward a local high breakout and the $82.5K level.”
The bulls did manage to hold the $78K level ✅ for quite some time, and we quickly saw $80K ✅ While we didn’t get to $82.5K straight away ❌ BTC did reach $81.5K early in Friday’s Asian session.
So far, it looks like the $78K level was identified correctly. The consolidation within the $76K–$80K range also appears to be building exactly the kind of foundation🛡️🛡️🛡️ I mentioned earlier:
“It’s very important for the bulls to build a solid base around the current levels before attempting another leg higher and turning this parabolic move into a more technically structured uptrend.”
So, what’s happening on the chart right now?🧐🧠
After failing ❌ to establish acceptance above $80K and make a sustained push toward $82.5K, the bearish fakeout scenario I previously outlined has come into play:
“If the current breakout above $80K turns out to be a fakeout, price could quickly fall back toward the middle of the range at $78K. Failure to hold $78K would weaken the bulls’ position and could quickly send price toward the lower boundary of the range at $76K. A break below $76K would open the door for bears to extend the correction toward $73.7K.”
One additional point: for now, I consider a break below $76K followed by a deeper correction toward $73.7K to be the less likely scenario. That said, it’s still something that needs to be taken into account.
The key level to watch now is $78K. How price behaves around this level will likely determine the next direction, which is what I’ve outlined with the arrows on the chart.
Peace! 🌄
⚠️ Disclaimer:
All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risks and make decisions independently.
Rectangle
MESU Aug 28: Neutral Between 7723 and 7755MESU remains inside a relatively balanced short-term structure, so my bias for today is neutral until price confirms outside the current range.
On the downside, the first liquidity level I’m watching is around 7,723.
The more important bearish confirmation level is 7,700. A confirmed 4-hour or 1-hour close below that area would weaken the current structure and shift my bias from neutral to bearish.
On the upside, 7,755 is the first liquidity level. A confirmed 15-minute close above 7,755 could support continuation toward 7,764.
Key levels
7,723 — first downside liquidity
7,700 — bearish confirmation
7,755 — upside liquidity / bullish trigger
7,764 — next upside target
Bullish scenario: Break and hold above 7,755 → target 7,764.
Bearish scenario: Lose 7,700 with higher-time-frame confirmation → shift bearish and watch for further downside.
While price remains between these levels, I’m treating the market as range-bound and waiting for confirmation.
Not financial advice. No confirmation, no trade. CME_MINI:MESU2026
FTNT Double Bottom Breakout after stage -2 UpmoveChart :
18 months of tight basing gave way to a clean breakout (+20% move off the base), followed by a sustained Stage 2 uptrend — higher highs, higher lows, price holding above rising 10/20-EMAs. After consolidating just under the prior ATH, price formed a double bottom and price is now pushing to fresh all-time highs with a +9% move over the last 6 months. Classic consolidation and breakout setup.
The Fundamentals
Q2 FY26 beat its own upper guidance — revenue $2.05B (+26% YoY), product revenue +52% YoY on strong FortiGate/hardware refresh demand. Just bolted on Virtue AI to build out AI-runtime security.
Support at 168 and First Target is 190
Holding $80K keeps $82.5K in playHey traders! 👾✊🏼
For 8 consecutive sessions, we’ve seen significant capital inflows into U.S. spot crypto ETFs, with total inflows now reaching an impressive $3.8B 💰💰💰
As I mentioned earlier, this rally is no longer being driven solely by short covering. We’re also seeing continued institutional demand supporting the move.
So, what’s happening on the chart right now? 🧐
It’s pretty clear that the bulls have no intention of giving up control just yet. Price is currently trying to establish itself above the upper boundary of the $76–80K trading range.
In my last post, I wrote:
🦬🚀 “Holding the $78K level followed by a breakout above $80K will almost certainly send price toward a local high breakout and the $82.5K level.”
That scenario is playing out right now, and we could very well see $82.5K in the near future.
🐻🪓However, despite what looks like the best possible news, growing euphoria, and billions of dollars flowing into Bitcoin ETFs, Bitcoin can always paint the opposite picture. So keep the bearish scenario in mind as well.
If the current breakout above $80K turns out to be a fakeout, price could quickly fall back toward the middle of the range at $78K.
I’ve already outlined the next scenario:
“Failure to hold $78K would weaken the bulls’ position and could quickly send price toward the lower boundary of the range at $76K. A break below $76K would open the door for bears to extend the correction toward $73.7K.”
Peace! 🌄
⚠️ Disclaimer:
All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risks and make decisions independently.
MESU Aug 26: Range Between 7655 and 7714 Before NVDAMESU remains inside a choppy higher-time-frame range, with 7,655 and 7,714 acting as the primary boundaries.
For today, my base case is continued range-bound price action rather than an immediate directional breakout.
Inside the range, short-term liquidity sits around 7,670, which could be swept before price makes its next larger move.
On the upside, 7,714 is the key decision level. A confirmed breakout and acceptance above that level could open the path toward 7,733, followed by the larger upside liquidity around 7,764.
On the downside, 7,655 remains the key support. If price loses that level with confirmation, the deeper higher-time-frame level around 7,625 comes back into play.
Key levels
7,670 — intraday liquidity
7,714 — upside decision / breakout level
7,733 — first breakout target
7,764 — larger upside target
7,655 — range support
7,625 — deeper downside target
Bullish scenario: Hold the lower range and reclaim 7,714 → target 7,733, then potentially 7,764.
Bearish scenario: Lose 7,655 with confirmation → watch for continuation toward 7,625.
Until price confirms outside the 7,655–7,714 range, I’m staying patient and avoiding entries in the middle.
Not financial advice. No confirmation, no trade. CME_MINI:MESU2026
SOLUSDT | Rectangle Breakout SetupBINANCE:SOLUSDT has spent several months trading inside a broad rectangle range on the 1D timeframe.
Price has now broken out of the short-term descending channel, reclaimed the 200-day moving average, and is approaching the upper boundary of the larger rectangle.
Current price: $95.43
Key breakout zone:
$97.78 - $100.00
A confirmed daily break and hold above this area would strengthen the rectangle breakout and open the path toward the projected targets.
Targets
🎯 Target 1: $120.00 (+25.74%)
🎯 Target 2: $127.00 (+33.08%)
🚀 Target 3: $148.00 (+55.08%)
Key supports
• $83.42
• 200-day MA: $81.19
• Major range support: $76.70
Deeper invalidation level:
$70.68
The important point here is that the higher targets are based on the larger rectangle breakout structure, not simply the recent short-term channel breakout.
The immediate confirmation to watch is a daily close above the $97.78-$100.00 range ceiling, followed by price holding above that zone.
#SOL #SOLUSDT #Solana #Crypto #TechnicalAnalysis #RectangleBreakout
Technical analysis for educational purposes only, not financial advice.
Ethereum price structure & important levels.Ethereum is been consolidating within sideways range of 1979 & 1800 since 15th July, the structure seems like supported by the bullish trendline. over all structure seems to be dependent on the breakout direction, if price gives breakout above the level of 1979, which is most important resistance level of the price chart then we should be looking for long entries, and if it gives breakout in the bearish direction breaching the levels of 1800 then we would be looking for continues shorting opportunities.
Bullish trendline seems to have strong significance as price is respecting it & bouncing back in bullish directions by taking support of it multiple times.
moving forward we may see price retesting the resistance again after a bounce back as currently price is consolidating above the bullish trendline.
For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.
Regards CrazyTrades247.
Bulls Win the 65K Battle. Next Stop 78K.Hi traders! ☀️🌴🧠
At this point, the consolidation within the 60–65K range has ended with a clear shift in momentum toward the bulls 🦬🚀
In all my posts over the past few months, I’ve highlighted the importance of the 65K level, so I hope this breakout didn’t catch you off guard.
“The bullish scenario, with upside targets at 67K and 67.6K, will only come back into play if Bitcoin manages to reclaim 65K and, more importantly, hold above it.”
It was practically impossible to predict exactly when this impulse would happen or what its final targets would be. However, one thing was clear: once the breakout occurred and proved to be a true breakout rather than another false wick, like the ones we had seen repeatedly over the past few months, the bears were going to be in serious trouble ⚰️🐻⚰️🐻🔪
And that is exactly what happened.
Nearly $3B in positions were liquidated over the past 24 hours:
🔴 Total liquidations: $2.99B
🔴 Short liquidations: $2.74B
🔴 Bitcoin liquidations: $1.42B
To be fair, if the 60,000 level had broken to the downside, we would have seen a similar liquidation event, but this time affecting long positions. However, this time the scales tipped in favor of the bulls.
Since the breakout above 65K activated our bullish scenario, and both intermediate targets — 67K ✅ and 67.6K ✅ — have already been reached, I’m highlighting the next horizontal resistance levels on the chart.
These are not new levels. They are important historical levels that have been present on all of my charts since the correction from 126K began.
Each of these levels could either temporarily slow the move down or send Bitcoin into another consolidation 🛡️🛡️🛡️
🦬🚀However, considering the length of the accumulation within the 60–65K range and the structure of this breakout, I expect the move to continue toward 78K.
🐻🪓The bearish scenario is still on the table as well.
It could be activated if Bitcoin fails to establish itself above 70K. In that case, a retest of 67.6K and even 65K would be possible.
For now, however, I consider this scenario unlikely.
Good luck everyone! And regardless of how things develop from here, today I want to congratulate the bulls on this big victory 🎯✊🏼🦬
⚠️ Disclaimer:
All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risks and make decisions independently.
NZDUSD: Bullish Continuation 🇳🇿🇺🇸
NZDUSD will likely rise further after a retest of a recently broken
resistance of the range on an hourly time frame.
Target - 0.597
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Gold Bullish Breakout — 4600 in FocusGold (XAU/USD) has broken out of a multi-day consolidation range with strong bullish momentum. The range resistance has been cleared, turning the previous resistance area into a potential support zone.
With today’s FOMC minutes and major U.S. political/news flow, volatility could increase significantly. If bullish momentum continues and price holds above the breakout/FVG area, 4,600 becomes the key upside target.
Target: 4,600
Key support: 4,430–4,435 area
TP1: 4,550
TP2: 4,575
TP3: 4,600
MESU Aug 19: Bounce Toward 7760–7780 or Break 7700?MESU remains inside a broader pullback structure, but there is still room for a short-term bounce into the fair value gaps above.
The first upside area I’m watching begins around 7,742, with 7,760 as the first continuation target if buyers regain momentum. Above that, the larger fair value gap around 7,780 remains in play.
On the downside, 7,700 is my key intraday breakdown level. A confirmed 15-minute close below 7,700 could open the door toward the higher-time-frame fair value gap around 7,682.
Key levels
7,740–7,742 — bullish trigger / first FVG area
7,760 — first upside target
7,780 — higher upside FVG target
7,700 — bearish trigger
7,682 — major downside target
Bullish scenario: Confirmed break above 7,740 → target 7,760 → possible extension toward 7,780.
Bearish scenario: Confirmed break below 7,700 → target 7,682.
For now, I’m staying patient between the trigger levels and waiting for price to confirm direction.
Not financial advice. No confirmation, no trade. CME_MINI:MESU2026
MarketBreakdown | EURNZD, GOLD, AUDCHF, USDCAD
Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #EURNZD daily time frame 🇪🇺🇳🇿
EURNZD is going to test a major daily resistance cluster.
I will look for a pullback trade from that.
2️⃣ #GOLD #XAUUSD daily time frame 🥇
The market continues a consolidation within a horizontal range.
We can expect a bullish movement from its support.
3️⃣ #AUDCHF weekly time frame 🇦🇺🇨🇭
The market reached a major historical key level.
With a high probability, the price will retrace from that.
4️⃣ #USDCAD daily time frame 🇺🇸🇨🇦
The market is stuck between 2 major structures.
A bearish breakout of the underlined support and a daily candle close below that
will provide a strong signal to sell.
Do you agree with my market breakdown?
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
USDCHF: Breakout at the range top before PPI?📊 USDCHF: Breakout at the Range Top Before PPI?
USDCHF is testing the upper boundary of its recent range near 0.8138-0.8140.
Price has already bounced strongly from the 0.8055-0.8060 support area and is now pressing into the same resistance zone that capped previous upside attempts. This makes the current level important: either buyers confirm a breakout, or the pair rejects again back into the range.
The timing matters because the next U.S. inflation catalyst is PPI on Thursday, Aug 13 at 12:30 UTC. Weekly jobless claims are also due at the same time. If PPI comes in hotter, USD may get support and USDCHF could try to break above the range. If PPI is softer, the dollar may lose momentum and the pair could reject from resistance.
Indicators are supportive, but slightly stretched. RSI is around 65, showing bullish momentum, while MACD is positive. Price is also above EMA9, EMA20, SMA50 and SMA200, so the short-term structure favors buyers unless the breakout fails.
Bullish: a clean hold above 0.8140 could open the way toward 0.8150, then 0.8160-0.8170.
Rejection: if USDCHF fails below 0.8140, price may return toward 0.8120, then 0.8100.
Bearish shift: below 0.8095-0.8100, the breakout attempt weakens and the pair can move back toward 0.8060.
⚠️ Not financial advice.
EMAAR: Confluence Rejection at Midline & SMA Signals DownsideHi everyone!
Emaar Properties continues to trade within a multi-month distribution structure, with recent daily price action pointing to further downside momentum.
Confluence Rejection: Price attempted a relief rally but was decisively rejected at the confluence of the 100 SMA and the midline of the horizontal consolidation range (11.80–12.00 AED).
Failure to Hold: The inability to reclaim the midline reinforces seller control, leaving the lower boundary of the consolidation range (10.80 AED) vulnerable to an immediate breakdown.
Trend & Structure: The broader higher-timeframe structure remains bearish following the sharp drop from the 16.50+ AED peak, with the 100 SMA continuing to act as dynamic overhead resistance.
Targets:
As long as price remains capped under the 11.80 AED level, the path of least resistance points toward a breakdown out of the consolidation range.
Primary Downside Target: 9.40 – 9.60 AED (Major support/demand zone)
Secondary Target: 8.99 AED (Key historical horizontal support line)
Invalidation: A daily close back above 13.10 AED (reclaiming the 100 SMA and range midline) invalidates this bearish setup and opens room for a retest of the range highs near 12.90 AED.
DXY 1H: Support Liquidity Sweep & Reclaim (Long Setup)
1. Market Context
On the 1H chart, the US Dollar Index (DXY) is compressing near the key horizontal support floor at 99.157 after declining from the 99.717 resistance peak. We wait for a liquidity sweep below support before executing a long setup.
2. Trader Behavior & House Trap Analysis
Where Traders Place Orders: Seeing 99.157 hold as a multi-touch floor, retail traders are placing BUY orders around 99.157 – 99.222 (marked "Buyer"), expecting another bounce.
Trader Stop-Loss & Target: Retail buyers have stacked Stop-Loss orders inside the purple box just beneath support (99.000 – 99.100). Meanwhile, panic shorters are waiting to sell any breakdown expecting a fall to 98.909.
How the House Plays It: The House previously staged a fake pump to 99.717 ("Liquidity Sweep" / "Seller Out") to flush shorters. Now, the House will dip price below 99.157 into the purple box ("Liquidity Sweep") to wipe out buyer stop-losses and trap late shorters at the bottom. Once swept, an aggressive V-shaped reclaim back above 99.157 will squeeze trapped shorters, fueling a rally toward 99.500 and 99.717.
3. Trade Setup
Entry: 99.157 (Confirmed 1H close back above support post-sweep)
Stop Loss (SL): 98.909 (Placed safely below the bottom support floor)
Take Profit 1 (TP1): 99.500
Take Profit 2 (TP2): 99.717
Risk-to-Reward Ratio (R:R): Approx 2.5:1 (Calculated toward TP2)
EURUSD important breakout, up move to continue?Price had been consolidating within the range of R-1(1.1580) & S-2(1.1511) from 4th Aug, today it gave breakout from R-1 which may lead price to continue it's move in the bullish direction, and it's very likely that price may retest the level of 1.1619 in the near future.
Currently we may see some pullbacks, till S-1(1.1560) before continuing in the upper direction, that could be fresh opportunity to take long entries, for the target of 1.1619 which is yet another important resistance zone.
Overall structure is bullish since price gave breakout form the bearish trendline and range based consolidation at the level of 1.1480 on 30th July. This bullishness is here to persist.
For Educational Purposes only, Not an Investment Advice, Always use strict Risk management measures.
Regards CrazyTrades247.






















