Any Dogecoin lovers alive? This 135% rally chart is for you only.

Any Dogecoin lovers alive? This 135% rally chart is for you only.

DOGE has been getting absolutely murdered for months, but this weekly chart is finally starting to look interesting.

It’s squeezing inside a pretty clean falling wedge, with price now around $0.07 and getting dangerously close to the apex.

The fun part: if DOGE actually breaks above the upper trendline, the wedge’s measured move points toward roughly $0.16.

That’s around +130% from here.

Obviously, DOGE still has a lot of work to do. It’s below basically every important weekly EMA, and RSI is sitting near 33, so nobody should be declaring a new bull market yet.

But falling wedges + washed-out momentum + everyone seemingly giving up on the dog?

Break the trendline, and this could get stupid very quickly.

If 2026 didn't finish all of you off, come back, memers 😂

u/BTCWallahFXEmpire — 2 days ago
▲ 13 r/CryptoChartWatch+1 crossposts

XRP bulls, you might wanna look away from this chart

Thank you to those who made fun of this setup earlier. So sorry if your longs were liquidated.

This bear pennant had been hanging over XRP for weeks, and it now looks like the breakdown phase is starting.

XRP is slipping below the pattern’s lower trendline around the $1.00–$1.05 area, while trading below every major EMA on the 3-day chart.

RSI is also sitting near 33, so momentum isn’t exactly giving bulls much to work with.

If XRP confirms the breakdown with a clean 3-day close below $1, the measured move puts the next ugly area around $0.70–$0.75.

Could still be a fakeout, obviously.

But if you’re long XRP here, this is probably not the chart you want to open before going to bed.

u/BTCWallahFXEmpire — 7 days ago
▲ 19 r/Market_Forecasts+1 crossposts

SpaceX back above its IPO price. Looks like a sell SPCX signal to me

SPCX is back above its $135 IPO price in pre-market after Friday’s ~16% rebound.

That’s exactly where I’d expect supply to return.

The Aug. 6 unlock added ~911.5 million shares to the tradable pool, while IPO buyers who spent weeks underwater can now exit near breakeven.

So instead of seeing $135 as a bullish reclaim, I see:

Huge drawdown → massive unlock → violent relief rally → IPO-price resistance.

Unless SPCX can hold $135 as support, this looks more like exit liquidity than a breakout.

u/BTCWallahFXEmpire — 10 days ago

Chainlink traders! Are you in love with this super awesome bullish LINK setup or is it just meh?

Yes, this is pure hopium, but I am focusing solely on flock behaviour here.

Not that Chainlink is a bad project; in fact, it is among the few that have been delivering on its promises for years.

But their tokenomics suck big time: Around 748 million LINK are currently in the market. The current schedule adds roughly 70 million LINK to circulation each year. That equals about 7% of the total supply, but nearly 9% of the tokens are already circulating.

In simple terms, the market must absorb a significant amount of new LINK every year to keep the price stable. Traders would rather go to a HYPE that is burning their part of the supply LOL.

So yeah, I am convinced that the LINK drop will continue at least into the end of 2026, maybe hitting the $5 lower boundary of the so-called accumulation zone.

I am thinking of building my spot positions in the red area: buy more LINK as it falls, hoping the trading behavior of the 2022-2024 era repeats in 2027 and beyond.

Okay, destroy my thesis. Counter this. I wanna be criticized to the point where I cannot sleep tonight.

u/BTCWallahFXEmpire — 15 days ago

Dogecoin ers, Now this is what I call a generational DOGE buying opportunity

Warning: This post is a meme.

On a serious note, DOGE is down 85% from its 2024 high. Our dear Shiba Inu has suffered a lot due to the rise of prediction markets. Retail went whoosh, and we got this ultra-terrible price action.

But this red area ($0.048–$0.063) is where things may get interesting, just because of its history of marking bottoms (we went up 900% once).

Not saying history will repeat. But still thinking to load some $1,000 into DOGE into the red area, while anticipating a good bounce toward the 20- and 50-week EMAs at the time. Lock profits and afford myself a December trip to Vietnam.

Let's meet in Hanoi if this setup plays out, memecoiners.

u/BTCWallahFXEmpire — 16 days ago
▲ 23 r/CryptoChartWatch+1 crossposts

To those who think Bitcoin is bottoming out near $60,000, read this

Hey everyone,

Taking a step back from the daily charts, the macro picture strongly suggests we are nowhere near a definitive Bitcoin bottom.

Here is why Bitcoin likely has more room to fall:

1. NUPL is Nowhere Near Capitulation

Bitcoin’s Net Unrealized Profit/Loss (NUPL) is sitting at 0.17, which is right in the green "Hope/Fear" zone.

  • True cycle bottoms happen when the market is deeply underwater.
  • We need to see NUPL plunge below zero to signal a full washout. At 0.17, the network is still holding onto profits.

2. The AI Bubble is Cracking

Crypto does not exist in a bubble, and traditional tech is bleeding.

  • On July 28, major AI chip suppliers like Samsung and SK Hynix saw massive selloffs (plunging over 13% and 14%).
  • This dragged the entire Kospi index down by 10.8%.
  • This massive de-risking in traditional tech usually spells trouble for high-beta assets like Bitcoin.

3. A September Rate Hike is Looking Likely

Inflation is sticky, and a hawkish Fed is terrible news for liquidity.

  • The latest CME FedWatch data shows a 62.1% probability of a 25-basis-point rate hike at the September 16, 2026 meeting.
  • At the July 29 meeting, three committee members dissented, favoring a 25-basis-point hike, indicating ongoing inflation fears.
  • Higher borrowing costs drain the liquidity needed to push Bitcoin higher.

We have on-chain metrics showing we haven't capitulated, a brutal tech selloff, and a likely rate hike on the horizon.

Don't rush to catch falling knives. Re-evaluate your risk, keep your dry powder ready, and wait for that NUPL to actually go negative.

My bottom zone is $40,000–$50,000.

u/BTCWallahFXEmpire — 21 days ago

XRP dump toward $0.75 is very likely

XRP looks trapped inside a bear pennant on the three-day chart following its sharp June sell-off.

Price is consolidating near $1.09 while remaining below the 20-, 50-, 100-, and 200-period EMAs. RSI is also below 50, suggesting momentum still favors sellers.

The macro backdrop is not helping either. Geopolitical uncertainty, volatile oil prices, and concerns about persistent inflation could keep the Federal Reserve hawkish, limiting demand for risk assets such as crypto.

A decisive close below the pennant’s lower trendline near $1.03–$1.05 could confirm the breakdown, putting the measured target around $0.75–$0.77 in focus.

The bearish setup weakens if XRP breaks above the pennant and reclaims the 20-period EMA near $1.16.

u/BTCWallahFXEmpire — 1 month ago

Nvidia Bulls Need This Level to Hold or the Chart Gets Ugly Fast

NVDA is testing the lower trendline of a weekly rising wedge. A breakdown below the $185–$200 support zone could open the door to a drop toward the 200-week SMA near $102. Bulls need a strong rebound above $210–$220 to kill the bearish setup.

u/BTCWallahFXEmpire — 2 months ago
▲ 25 r/CryptoChartWatch+1 crossposts

Bitcoin to $100K? But where are the buyers?

Bitcoin's Apparent Demand is now near -147,000 BTC, the weakest reading since December 2025. This metric compares new BTC issuance with supply that has stayed inactive for over one year, helping show whether real accumulation is absorbing new coins.

Right now, the answer looks negative.

Futures can drive short-term pumps, but durable Bitcoin rallies usually need spot demand. Without that, upside risks become unstable.

Bearish short term? Yes.

Maybe we see a PAMP if Trump and Khameini Jr. come to an understanding next week.
Also, historically, extreme demand weakness and ugly sentiment have also created strong long-term accumulation zones for patient investors.

Just be "patient" enough, lads!

u/BTCWallahFXEmpire — 3 months ago
▲ 28 r/XRPUnite+1 crossposts

XRP-issed? Goldman Sachs erased its XRP ETF exposure entirely. Does that mean massive dump next?

This is not a technical analysis. But an assessment of what just happened.

Per its latest SEC filings, Goldman Sachs fully exited its XRP ETF exposure in Q1 2026 after previously disclosing about $153.8 million in spot XRP ETF positions at the end of Q4 2025.

IMHO, Goldman’s XRP ETF holdings could have reflected trading desk / market-making / client facilitation activity, rather than a long-term directional bet on XRP. So the exit could mean the facilitation trade ended, client demand faded, or the desk reduced inventory after XRP’s drawdown.

Nonetheless, it fuels the downside thesis of our moderator CaptainTrader32: https://www.reddit.com/r/Market_Forecasts/comments/1t3b8cm/xrp_bounce_is_good_but_not_good_enough/

What do you think? Are we going to $1 this summer?

u/BTCWallahFXEmpire — 3 months ago
▲ 10 r/CryptoChartWatch+1 crossposts

Zcash bulls shouldn't ignore this near-perfect falling wedge pattern

Falling wedges can be imperfect, but ZEC's prevailing strong fundamentals make me wanna believe in this bullish reversal setup.

Yeah, inflation has come higher than expected. Oil is rising. And a dozen other things are wrong with the world right now. But we have seen Zcash bulls ignore headwinds in 2025 to mark one of its strongest bull runs in history.

Short-term, a good play toward $650. Long-term: $1,000.

u/BTCWallahFXEmpire — 3 months ago

ZEC bulls must not celebrate the 200%-plus price pump yet

The ZEC chart is starting to resemble the 2021 setup: a huge vertical pump, a test of major resistance, then a brutal 90%+ unwind after momentum faded.

This time, Zcash is again up 200%+, stretched far above key weekly EMAs, and pressing into the same kind of heavy resistance zone. That does not mean it must crash, but chasing here looks risky.

Fresh longs are buying euphoria.

For ZEC to prove this is different, it needs to reclaim and hold above the old highs with strong follow-through. Otherwise, this could become another classic “great pump, ugly round trip” setup.

u/BTCWallahFXEmpire — 4 months ago
▲ 11 r/CryptoChartWatch+1 crossposts

Ethereum's chances of crossing above the $3,000 mark are increasing thanks to the ascending triangle setup.

An ascending triangle after a downtrend reflects a market that is trying to flip from selling pressure to accumulation. It does not guarantee a bullish reversal unless we see a clear break above the triangle's upper trendline, alongside rising volumes.

So far this month, ETH, like most risk assets, is playing hostage to the US–Iran headlines. Any signs of extended truce or peace deal (eh?) could mean a strong rally toward $3,240.

u/BTCWallahFXEmpire — 4 months ago

XRP, again, fails to breach above the upper boundary of its symmetrical triangle pattern. We gotta blame, again, Donald Trump for his fake claims about reaching a 'nuclear' agreement with Iran, which Tehran is denying, by the way.

XRP, like most risk assets, stands to remain choppy next week, now eyeing a decisive decline below its 50-day exponential moving average (50-day EMA, the red wave) at around $1.41.

Should it happen, hitting the triangle's lower boundary around $1.32 by the next weekend looks probable. A drop below the boundary can trigger the classic triangle breakdown setup, with the measured target sitting around $1.

u/BTCWallahFXEmpire — 4 months ago

RAVE funding is at 1.16% every eight hours right now. That works out to about 3.48% a day and roughly 24.4% a week, or closer to 27% if you compound it.

Say someone opens a $1,000 short with 2x leverage. That’s a $2,000 position. Funding is charged on the full position size, not just the margin.

At 1.16% every 8 hours, they are paying about $23.2 per day in funding (3.48% of $2,000).

That means:

  • After 1 day: down ~$23 just from funding
  • After 3 days: down ~$70
  • After 1 week: down ~$487 (if compounded)

So even if the price doesn’t move, the position is bleeding fast.

For this trader to just break even, the price needs to fall enough to offset that funding loss.

With a $2,000 short:

  • A 1% drop in price = ~$20 profit
  • A 3.5% drop per day ≈ needed just to offset daily funding

So if RAVE doesn’t fall by ~3%–4% per day, the short is losing money overall.

That’s the key point: at these funding levels, shorts are not just betting on downside. They need a fast, aggressive drop just to stay afloat.

STAY AWAY FROM RAVE LADS!

u/BTCWallahFXEmpire — 4 months ago

World Liberty Financial’s WLFI may be setting up for another leg lower in April.

On the chart, WLFI appears to be forming a bear pennant, which is usually a bearish continuation pattern after a strong drop. If that setup confirms, the measured move points to around $0.063, or roughly 20% below current levels.

The fundamentals are not helping either. On-chain data has sparked fresh criticism after wallets linked to the project allegedly used 3–5 billion illiquid WLFI tokens as collateral on Dolomite to borrow around $75 million in stablecoins. More than $40 million was later moved to Coinbase Prime, while pool utilization reportedly rose to about 93%, raising fears around liquidity stress and bad debt if WLFI falls further.

There is also growing concern about a potential 16 billion token unlock, which could add more dilution pressure.

On top of that, Justin Sun has again accused the project of having blacklist-style smart contract controls that could let the team freeze wallets, which adds another layer of distrust around the token’s decentralization claims.

From both a technical and sentiment perspective, WLFI looks vulnerable right now.

I’d watch the pennant breakdown level closely.

u/BTCWallahFXEmpire — 4 months ago

This chart tracks gold priced in Bitcoin and shows a repeating pattern: whenever the XAU/BTC ratio gets overheated on RSI and rolls over, Bitcoin tends to outperform gold hard in the months that follow.

Previous breakdowns in the ratio lined up with major BTC/USD rallies, including some of the strongest moves of the cycle. Now the setup looks similar again, with RSI stretched and the ratio near long-term resistance.

It doesn’t guarantee a repeat, but it does suggest gold may be peaking relative to BTC — and that Bitcoin could be gearing up for another strong leg higher.

u/BTCWallahFXEmpire — 4 months ago