Cameron Fous
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Market thoughts, trade updates, and life with Fous 17+ year in the Trading Industry.📉
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BTCUSDT UPDATE
Bitcoin remains confined within a rising wedge formation, with price hovering just above the key support trendline. This structure typically signals weakening bullish momentum, demanding close monitoring of near-term moves.
A decisive bounce could retest resistance near $124K, but a breakdown below support risks accelerating downside toward $100K–95K. Upcoming candles will confirm direction.
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Binance Futures, BingX Futures, ByBit USDT, KuCoin Futures, OKX Futures
PERP/USDT All take-profit targets achieved ✅
Profit: 60.7679% 📈
Period: 5 Hours 50 Minutes
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No surprises here!
PERP moved exactly as mapped out – analysis wins again!
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We also shared the chart openly in our public channel for full clarity.
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BTCUSDT UPDATE :
Bitcoin has broken down from the rising wedge pattern, a structure often signaling bearish reversals after sustained uptrends. Price slipped below the lower trendline, confirming weakness and going to test the highlighted horizontal demand zone, which now acts as critical short-term support.
If this zone fails to hold, downside momentum could accelerate toward deeper retracement levels. Conversely, reclaiming the wedge boundary with strong volume would invalidate the breakdown and restore bullish continuation.
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BANANAS31 UPDATE
🚀 BANANAS31 is fueling up from the strong demand zone!
Momentum is building, and a massive move could be just around the corner – stay sharp!
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BTCUSDT UPDATE
Bitcoin is trading inside a rising wedge on the 12H chart, rebounding from support while eyeing resistance near $118K–$119K. If buyers hold, we may see another push higher, but without strong volume it risks being the wedge’s usual trap.
A breakdown below support could drag price toward $112K–$110K. Ironically, bulls celebrate each green candle, but wedges often remind us that markets love dramatic endings—either breakout comedy or bearish punchline.
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LINKUSDT UPDATE
LINK is consolidating inside the symmetrical triangle, rejecting from the resistance trendline. Price remains compressed, showing indecision before the breakout.
A breakout above resistance with volume could push price toward $25+, while a breakdown below support may drag it toward $21–$20. Keep an eye on the breakout or breakdown to confirm the next direction.
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
ROSE/USDT Take-Profit target 1 ✅
Profit: 100.55% 📈
Period: 10 Hours 27 Minutes ⏰
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LINK setting up bullish!!!
Higher lows holding strong & breakout in sight!
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