Tag: consolidation

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Shiba Inu Breaks Trendline as SHIB Targets Early Recovery Momentum

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The post Shiba Inu Breaks Trendline as SHIB Targets Early Recovery Momentum appeared com. Shiba Inu gained new strength after breaking a major trendline, according to analyst TraderSZ. He stated that SHIB was “also breaking out,” pointing to improving sentiment. His comments came during a broader relief rally after Bitcoin briefly touched $89,000 earlier today. The move placed SHIB among the altcoins benefiting from renewed confidence. SHIB Breaks Descending Structure After Extended Weakness Shiba Inu climbed 4% today to $0. 000008632 after falling to $0. 00000678 last week. For most of November, SHIB moved inside a steady downward structure, forming lower highs and lower lows. Recent price action shows the token pushing above a descending trendline that held for several weeks. Analysts viewed this move as an early sign that buyers were regaining control after a long period of weakness. 000007 level. SHIB then moved above a diagonal resistance point for the first time in weeks, signaling improved momentum. Breaking a trendline often marks the first phase of a potential shift, especially after sustained selling pressure. SHIB lost the $0. 00001 price level in October and has struggled to reclaim it, making today’s progress more notable. The current breakout provided traders with a structural signal that the downtrend may be weakening. SHIB’s position above resistance now places attention on its next move. SHIB Attempts to Extend Breakout as Analysts Map Key Targets Shiba Inu’s recovery comes as several altcoins, including Dogecoin, attempt to bounce from recent sell-offs. SHIB’s momentum now depends on whether the broader market maintains strength and attracts consistent buying interest. Last week, analyst Kledji Cuni said SHIB was approaching major support at $0. 0000067. He described the zone as an area that historically aligned.

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Here’s The Resistance Zone Keeping The Dogecoin Price From Rallying

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The post Here’s The Resistance Zone Keeping The Dogecocom. The Dogecoin price has spent the past several days moving through a noticeably weaker phase, falling from the mid-$0. 18 region into a prolonged decline that has kept the price tilted downward. The chart shows a major high forming near $0. 18311 before sellers forced the price into a tight downtrend, but every attempted bounce has turned into another correction. Technical analysis from BitGuru focuses on why this rebound attempt is still weak and what Dogecoin must break above before any meaningful rally can begin. Dogecoin Price Downtrend And Repeated Corrections The structure of Dogecoin’s price action since reaching $0. 183 on November 10 makes the weakness clear. After topping at $0. 18311, Dogecoin slipped into a descending channel, with the downtrend highlighted by lower highs across November 11 and 12. Each time the price tried to push upward, the move stalled at a predictable level, creating another corrective swing. The chart shows this clearly during the November 13 and 14 period, where a modest recovery reached $0. 16598 before sellers regained control. Since then, the price pattern shows that the Dogecoin price has been following a controlled downtrend. The selling pressure is consistent, and every rebound so far has been capped by the same resistance around $0. 166. The momentum has been drifting downward for most of the past week, keeping the Dogecoin price suppressed below this price level. the most recent candles on the chart show Dogecoin attempted another rebound after a drop into the $0. 153 region. BitGuru noted that this bounce is not enough to confirm a reversal, and a stronger recovery will only be confirmed if it breaks above the nearby resistance zone. The current price action in the past few days shows Dogecoin is holding above short-term support, but it has not yet shown the strength required to break out of the.

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Bitcoin Weakens Below Key Trend Support as Analysts Warn of Deeper Losses

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The post Bitcocom. Bitcoin Bitcoin continues to hover dangerously above the $95,000 area, but the latest market structure suggests the sell-off may not be finished. Traders watching the trend closely are now preparing for the possibility of another wave lower and several analysts say the charts support that scenario. Support Break Signals Momentum Shift For months, Bitcoin’s price movement stayed inside a rising channel, repeatedly bouncing off trend support. That support has now snapped. Analyst Ali Martinez highlighted that the break invalidated the structure keeping BTC stable through the previous consolidation phase, turning the technical picture from neutral to decisively bearish. Bitcoin TC has broken out of a channel, opening the door to a move to $83,500! pic. twitter. com/mt3LSRLkov Ali (@ali_charts) November 16, 2025 The failure to reclaim $100,500 was the moment the trend turned. Since then, Bitcoin has printed a sequence of lower highs and lower lows a textbook downtrend. Martinez expects a brief pause between $95,000 and $97,000 before the next leg lower, unless buyers step in with strength. According to his projection, the first pressure points sit at $91,500 and $89,000, followed by $86,500. If none of these hold, a retreat toward the $83,000 region becomes increasingly probable. Extreme Fear Takes Hold Across the Market The psychological backdrop mirrors the chart. The Bitcoin Fear & Greed Index has collapsed to 10 the kind of reading associated with peak panic and heavy risk avoidance. The indicator hasn’t been this low since the Terra LUNA collapse in 2022 and has remained stuck in Extreme Fear territory for weeks instead of just days. Historically, this kind of sentiment breakdown has often marked the final phase of capitulation. But timing is unpredictable: markets can remain extremely fearful long before a rebound begins. Analyst Predicts a Local Bottom Within Days Michaël van.

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Bitcoin flashes more crash signals as path to $83,000 emerges

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The post Bitcoin flashes more crash signals as path to $83,000 emerges appeared com. As Bitcoin (BTC) struggles to hold above the $95,000 support zone, the cryptocurrency appears primed for deeper losses toward the $80,000 region. According to analysis by Ali Martinez, Bitcoin has broken below a key ascending channel, a structure that had supported price action throughout previous months. The breakdown is significant because it signals a shift in momentum from consolidation to a more pronounced bearish trend. In an X post on November 16, the analyst noted that this move “opens the door to a drop toward $83,500,” marking one of the most bearish near-term projections since the recent market correction began. Bitcoin price analysis chart. The analysis outlined a likely brief consolidation between $95,000 and $97,000 before the downtrend resumes. At the same time, the projection highlighted two stages: an initial retest of the mid-$90,000 area, followed by a deeper slide through support levels at $91,500, $89,000, and $86,500. If these levels fail, a move toward $83,000 becomes increasingly likely. Bitcoin hits Extreme Fear Notably, the bearish outlook comes as the crypto market remains deep in risk-off territory, with the Bitcoin Fear & Greed Index plunging to 10 firmly in Extreme Fear. The reading has held steady, highlighting a month-long deterioration in sentiment; just a week ago, the index sat at 22 and already signaled heightened caution. Crypto Fear & Greed Index. me This prolonged slump suggests traders are increasingly anxious amid volatility and broader economic uncertainty. Extreme fear reflects intensified selling pressure and a retreat by many market participants. Historically, similar lows have often aligned with market bottoms as panic peaks and weaker hands exit. For prices, this environment points to a market nearing a.
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