J.J. Edwards’ Expert Market Analysis at FenzoFx

[FenzoFx]

LTC: Sell Volume Is Being Absorbed, Bullish Run in Focus

FenzoFx—LTC sits in the upper quadrant of the bullish fair value gap, aligned with anchored VWAP. Selling volume is rising, but price remains stable—suggesting absorption by large buyers.

Litecoin is currently at a premium, making it less ideal for new entries. We recommend monitoring the $109.3 support zone, backed by a low volume node, for a better entry.

If this level holds, LTC may rally toward $128.60 and $134.10. A break below $109.3 would invalidate the bullish outlook.

[FenzoFx]

Wait Zones for Euro After Accelerated Downtrend

FenzoFx—Euro's downtrend escalated after Germany's exports data fell by 0.50%. Currently, the equal lows at $1.1574 are in focus. This level will likely be targeted by bears.

From a technical perspective, we expect EUR/USD to consolidate after tapping into the liquidity below $1.1574. In this scenario, the market will likely rise toward $1.1704 or a higher resistance level. In the longer term, we expect the downtrend to resume toward the bullish fair value gap with support at $1.1438.

Please be aware not to grab a falling knife, because the current price does not offer a premium entry to join the bear market. We advise waiting for the Euro to consolidate after profit-taking at or below the equal lows.

[FenzoFx]

BCH Bulls on Thin Ice: Watch $580 Closely

FenzoFx—Bitcoin Cash dropped from $615.90 and now trades near $575.0, testing the bullish fair value gap as support. The 4-hour chart shows price respecting the bearish FVG mean threshold, while cumulative volume delta declines—signaling bearish pressure.

Immediate resistance is at $592.20. If selling continues, BCH may fill the bullish FVG down to $580.0. A break below $580.40 could open the path toward equal lows at $533.40. The bearish outlook remains valid unless BCH closes above $592.20.

[FenzoFx]

Bitcoin Leaps for a New Bullish Run Above this Resistance

FenzoFx—Bitcoin remains bullish. Yesterday, price dipped below Tuesday’s low but failed to close beneath it. This support zone is backed by a bullish fair value gap and anchored VWAP from September 28.

Immediate resistance stands at $122,335.0. If bulls close above this level, BTC/USD could target $124,254.0, followed by all-time-high. However, the bullish outlook is invalidated if BTC/USD closes below recent lower lows.

[FenzoFx]

Bitcoin Eyes Double Top After Selloff

FenzoFx—Bitcoin is consolidating near $112,160.00 after a major selloff, testing this level as support. Price action shows a double top at $116,078. 

From a technical view, BTC may aim for this level if it holds above immediate support at $112,143.0. Please note that a close below $112,143.0 could trigger a deeper downtrend, with the next bearish target likely at $100,000.0.