BTC – Eyeing a Retest of the $118K Structure!
Bitcoin eyes a retest of the $118K structure as traders weigh macro catalysts and liquidity zones. Analysts highlight consolidation, order flow and potential breakout targets amid mixed momentum.
Retest
ENA – Breakout & Retest: Setup in Play
ENA shows a decisive breakout followed by a controlled retest of key resistance-turned-support. This setup signals potential continuation; monitor volume, confirmation candles and defined stops to manage risk.
Gusi retest. Ready for higher on BTC!
Bitcoin’s Gusi retest confirms support, with buyers re-entering the market and momentum indicators tilting bullish. A decisive break above near-term resistance would signal readiness for higher BTC targets.
ETHUSD (1H) – Bearish Breakout & Retest | ARE BEARS BACK??
ETHUSD 1H: a clear bearish breakout and subsequent retest at the broken support-turned-resistance. Sellers press for follow-through; failure to reclaim the zone would validate renewed downside momentum.
Bitcoin Sell-Off Could Be a Textbook ‘Breakout and Retest’ Play: Godbole
In a recent analysis, crypto expert Godbole posits that the recent Bitcoin sell-off may represent a classic “breakout and retest” scenario. This technical pattern often signals a potential recovery, allowing investors to recalibrate their strategies amid market volatility.