J.J. Edwards’ Expert Market Analysis at FenzoFx

[FxNews]

Bitcoin Rebounds Above $105K After Liquidity Sweep​

FenzoFx—Bitcoin swept liquidity below $100,703.0 and rebounded to around $105,400.0, just above the volume profile point of interest.

Immediate resistance lies at $106,135.0. A break above this level could lead to a retest of $107,702.0. However, if resistance holds, BTC may consolidate toward $102,662.0, supported by Stochastic overbought signals.

 

[FxNews]

Bitcoin Cash Faces Pressure Below Key Resistance Zone​

FenzoFx—Bitcoin Cash rose from $437.0 support, now trading near $461.3 and testing resistance backed by volume profile and the 50-period SMA.

If BCH stays below $470.8, bearish momentum may resume, targeting $437.0 and potentially $421.2. A bullish breakout could follow a close above $470.8, aiming for $478.0.

 

[FxNews]

Bearish Wave Builds Below Key ETH Supply Zone​

FenzoFx—Ethereum failed to break above $2,813.0 and is now trading around $2,430 after trimming nearly 5.0% of recent losses.

The $2,687.0 area, backed by the 50-period SMA, acts as a premium supply zone. A bearish wave could follow, targeting $1,779.0, supported by prior monthly lows and RSI divergence.

 

[FxNews]

Overbought LTC Faces Pressure at $85.0 Barrier​

FenzoFx—Litecoin is building liquidity near $85.0, a strong resistance backed by volume, with Stochastic at 92.0 indicating short-term overbought conditions.

If LTC dips below $83.86, a bearish wave may follow toward $82.33 and $79.51. Conversely, a close above $87.99 could resume the uptrend toward $88.98.

 

[FxNews]

Bitcoin Climbs Above $107K with Overbought Signals in Play​

FenzoFx—Bitcoin closed above the $107,792.00 resistance after breaking the previous day's high. RSI and Stochastic indicators show overbought conditions, signaling short-term overpricing.

BTC may test the $109,000.00 resistance next, followed by a potential pullback toward $104,618.00, offering a favorable entry point for bulls.

 

[FxNews]

BCH Faces Resistance at $500.0 Amid Bearish Signals​

FenzoFx—Bitcoin Cash rose to $500.0, a resistance zone backed by the June 19 high. Stochastic reads 85.0, indicating short-term overpricing.

The 4-hour chart shows a possible double top pattern, suggesting consolidation. If BCH stays below $500.8, it could target $494.8 and, if selling continues, drop to $480.9.

 

[FxNews]

Gold Builds Bullish Momentum After $3,294.0 Rebound​

FenzoFx—Gold bounced from $3,294.0, forming a double bottom pattern as XAU/USD consolidates near $3,330.0. Stochastic has exited oversold territory, signaling strengthening bullish momentum.

If $3,294.0 holds as support, the uptrend may continue toward the $3,393.0 target.

 

[FxNews]

Key Support at $313.3 Holds Potential for TSLA Upside​

FenzoFx—Tesla tested the order block with an average price of $325.00 in yesterday's trading session. The critical support for #TSLA is at $313.3, and if this level holds, the price can target $367.71.

 

[FxNews]

Crude Oil Trades in Range with Bullish Potential​

FenzoFx—Crude Oil trades above key support at $64.6, hovering near $66.83. If buyers maintain control, the next upside target is $69.45. However, a bearish breakdown below $62.42 would invalidate this bullish outlook.