Log in

Save 35% ($551) & Get a Free 1-1 Call with our Team ⏰ : 0d 2h 59m 45s

Home
Research
Analysis
Community
  1. Cryptonary
  2. Market Analysis
  3. On-demand TA: Trading between key levels
Technical Analysis

On-demand TA: Trading between key levels

Updated: Aug 11, 2024
Published: Jul 26, 2024
0
Share:

In today’s session, we’ll cover our top assets, including our Barbell ones, address some requests from the channel and DMs, set up for the weekend, and try to project potential movements over the next few days.

Bitcoin (BTC) analysis 

We’ve observed a three-drive formation after a push higher, indicating a significant reversal pattern on the higher time frame. There's a dynamic diagonal resistance and support. We’re aiming for a specific price point in the near future. After the pivot and hammer candle formation, we’ve seen strong momentum, closing on a robust daily candlestick. Key level: $6,630. If we trade and close above this, it could become the floor for other altcoins.

Ethereum (ETH) analysis

We like the back-of-trendline retest seen today, aligning with the key level of $3,225. This price point is crucial for potential long opportunities. We need to watch how the day trades around this level. After a drastic sell-off, we usually see some recovery into the price points that provided those sell-offs.

Solana (SOL) analysis

SOL missed our entry and found a floor, but it hasn’t shown significant upward momentum. The key level is $176.033. We need to see a close above this for potential trades. Historically, this level has been crucial for support and resistance.

Pendle (PENDLE) analysis 

We didn’t get a secondary retest on the double bottom. The key level to watch is around $3.30, which is stronger than $3.80. We need to see price magnetized towards this level or reclaim it for a justified risk-to-reward setup.

Injective (INJ) analysis

Despite being resilient, I missed an entry, but it was a good re-entry point. We’re targeting a specific price point and could see another chance at that level. Our analysis and thesis remain strong.

Thorchain (RUNE) analysis

A bounce off the blue zone but needs to close above $5.00 for a serious opportunity. Alternatively, trading lower to $4.00-$3.70 could be another entry point.

Near Protocol (NEAR) analysis

There are two options: trade lower to $4.50 or break out of $6.00 and retest support. We’re in a limbo period post-bullish pump, waiting for setups to play out.

Toncoin (TON) analysis

It is back at the bottom of its range, around $6.60-$6.70. It is not a tradable asset for me currently, but it shows resilience.

Avalanche (AVAX) analysis

Struggling around the $25.00 level. If it breaks out of $31.00 and shows support, it’s a significant buy opportunity. This setup could play out in the coming weeks.

Dogecoin (DOGE) analysis

It's looking strong, but it's not taking a trade yet due to unclear stop-loss points. We need to see a breakout above $0.13 to validate support.

Popcat (POPCAT) analysis

Key levels for trading: $0.67-$0.68 or $0.50. Many are trading it aggressively, and it’s showing strong performance.

DogWifHat (WIF) analysis

Bounced off the yellow box as expected. It’s forming a positive market structure with high potential. Accumulate within $1.50-$2.00 range.

Doland Tremp (TREMP) analysis

Accumulate between $0.3-$0.5. Donald Trump is currently a hot topic, influencing this assets growth potential.

Cryptonary's take

When the market is sat like this between key levels where we would look to get positioned its best to stay aligned and focused on the strategy and wait for the market to eventually provide what we are looking for, rather than being impenitent and going against our plan.

Get started for free

Create your free account or log in to read the full article.

​

Netherlands

By signing up, you agree to our Terms & Conditions
Recommended from Cryptonary
Market Pulse: Bitcoin Eyes Relief Rally
PRO
Market Pulse
Market Pulse: Bitcoin Eyes Relief R...Geopolitical tensions mount as Iran threatens to skip peace talks, sending mixed signals across oil ...
8 min read
Apr 10, 2026
Market Pulse: US–Iran Ceasefire Fuels Risk Rally
Market Pulse
Market Pulse: US–Iran Ceasefire Fue...Markets surged as President Trump announced a sudden ceasefire, sending oil, DXY, and yields lower w...
4 min read
Apr 8, 2026
BTC, ETH and More: Majors Approach Key Resistance, Choppy Range Continues
PRO
Market Direction
BTC, ETH and More: Majors Approach ...Markets are compressing again. Price has rotated from support back into resistance across majors, bu...
10 min read
Apr 6, 2026
BTC, ETH and More: Key Crypto Breakouts, Confirmation Still Needed
PRO
Market Direction
BTC, ETH and More: Key Crypto Break...Markets are starting to shift, with key breakout levels now being tested across majors. While severa...
11 min read
Apr 14, 2026
Market Update: Bitcoin Remains Resilient
PRO
Market Updates
Market Update: Bitcoin Remains Resi...Over the weekend, a breakdown in US–Iran negotiations introduced fresh uncertainty, yet price action...
9 min read
Apr 13, 2026
BTC, ETH and More: Major Altcoins Test Breakouts
PRO
Market Direction
BTC, ETH and More: Major Altcoins T...After weeks of choppy price action, majors are reclaiming key levels and taking liquidity, but most ...
12 min read
Apr 10, 2026
Market Pulse: Bitcoin Eyes Relief Rally
PRO
Market Pulse
Market Pulse: Bitcoin Eyes Relief R...Geopolitical tensions mount as Iran threatens to skip peace talks, sending mixed signals across oil ...
8 min read
Apr 10, 2026
Market Pulse: US–Iran Ceasefire Fuels Risk Rally
Market Pulse
Market Pulse: US–Iran Ceasefire Fue...Markets surged as President Trump announced a sudden ceasefire, sending oil, DXY, and yields lower w...
4 min read
Apr 8, 2026
BTC, ETH and More: Majors Approach Key Resistance, Choppy Range Continues
PRO
Market Direction
BTC, ETH and More: Majors Approach ...Markets are compressing again. Price has rotated from support back into resistance across majors, bu...
10 min read
Apr 6, 2026
BTC, ETH and More: Key Crypto Breakouts, Confirmation Still Needed
PRO
Market Direction
BTC, ETH and More: Key Crypto Break...Markets are starting to shift, with key breakout levels now being tested across majors. While severa...
11 min read
Apr 14, 2026
Market Update: Bitcoin Remains Resilient
PRO
Market Updates
Market Update: Bitcoin Remains Resi...Over the weekend, a breakdown in US–Iran negotiations introduced fresh uncertainty, yet price action...
9 min read
Apr 13, 2026
BTC, ETH and More: Major Altcoins Test Breakouts
PRO
Market Direction
BTC, ETH and More: Major Altcoins T...After weeks of choppy price action, majors are reclaiming key levels and taking liquidity, but most ...
12 min read
Apr 10, 2026
Market Pulse: Bitcoin Eyes Relief Rally
PRO
Market Pulse
Market Pulse: Bitcoin Eyes Relief R...Geopolitical tensions mount as Iran threatens to skip peace talks, sending mixed signals across oil ...
8 min read
Apr 10, 2026
Market Pulse: US–Iran Ceasefire Fuels Risk Rally
Market Pulse
Market Pulse: US–Iran Ceasefire Fue...Markets surged as President Trump announced a sudden ceasefire, sending oil, DXY, and yields lower w...
4 min read
Apr 8, 2026
BTC, ETH and More: Majors Approach Key Resistance, Choppy Range Continues
PRO
Market Direction
BTC, ETH and More: Majors Approach ...Markets are compressing again. Price has rotated from support back into resistance across majors, bu...
10 min read
Apr 6, 2026
Research
Top PicksDeep DivesPassive IncomeAirdrop ReportsMemecoins
Analysis
Market UpdatesMarket DirectionMarket PulseLivestreams
Tools
Market DirectionAssets & PicksAirdropsPortfolio Tracker
Cryptonary
Affiliate programEducationPrivacy PolicyTerms & ConditionsContact UsWrite for usTeam
Stay connected
Disclaimer: The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, legal, or tax advice. Cryptonary is not a licensed financial advisor. All content is shared without any guarantee of accuracy or completeness. You are solely responsible for your investment decisions. Always do your own research and consult with a licensed professional before making financial choices. Past performance is not indicative of future results.

×
popupimage
Our Latest Utility Token Research ReportPreviously locked for Pro members, now available to read in full.
  • tickThe utility token we're tracking closely
  • tickWhy we believe it's still early in the cycle
  • tickWhat we're watching to confirm a structural shift
​
Netherlands

No spam. No hype. Just the research.