CRYPTOCURRENCIES – September 1, 2025

This is a quick update on the pairs that are moving and is worth bringing to your attention. Other pairs that were discussed in the previous August 17th report continue with the same technical outlook. We will host a breakout room this week and will be able to answer live questions on charts of interest. We will send an e-mail on the date for the live Breakout Room.

ETHBTC

The weekly scale chart of ETHBTC broke down a critical support. The trendline and the horizontal support were overlapping around 0.05 levels. Breakdown below 0.05 levels reversed the existing uptrend and resulted in a massive underperformance for ETH vs BTC. Price reached the pattern objective. Given that it has been an extended downtrend and pair reached an important support area, I’m weighing the possibility of a base building at current levels. The pair can experience some back and forth in search of a bottom reversal chart pattern. It is clear that the underperformance of ETH against BTC slowed down and the relative performance reversed from support area in favor of ETH. Any re-test of the lows around 0.0164 will alert me for the development of a double bottom similar to 2020 reversal. So far we have seen a strong rebound from the support area favoring an outperformance for ETH. Monitoring the pair for a short-term bullish continuation chart pattern incase price do not test the lows around 0.0164. The are of the neckline for the H&S bottom that formed during 2019-2021 can continue to have significance as supply/demand zone and act as resistance around 0.04 levels. After the recent rally, pair can experience consolidation. Strong resistance area is between 0.04 and 0.05 levels.

 

BTCUSD

BTCUSD uptrend remains strong. Cup & handle chart pattern on monthly scale is confirmed with a strong monthly close in November (not shown in this report). The long-term cup & handle price target stands at 137K. The first long-term breakout signal was at the breach of 73.7K. With July’s strong breakout and long weekly candle, pair completed a 6 month-long H&S continuation with the price target of 141,300 levels. Previous resistance at 109K becomes the new support. It will be important for the price to hold above the horizontal pattern boundary for continued strength. So far price action looks like a re-test of the neckline. BTCUSD should not fall any further or else it will risk H&S continuation pattern negation around the lows of the right shoulder. There has been H&S breakouts that ended up reaching their price targets after a hard re-test below the neckline. But such price action will not signal improving momentum. So far the pullback is a re-test of the neckline and can be considered a Type 2 breakout as long as the neckline holds.

ETHUSD

ETHUSD completed a rectangle as a top reversal between 2,156 and 4,000 levels. Breakdown below 2,156 resulted in a larger scale correction towards 1,160 levels. Sharp recovery above 2,156 levels changed the outlook to neutral/positive. Strong resistance area is between 4,000-4,840 levels. So far price found resistance at 4,840 levels after clearing the several times tested horizontal boundary around 4,000 levels. Uptrend can remain in a channel and price after finding resistance at 4,840 levels can retreat back to the previous resistance at 4,000 which turns into support. ETHUSD has been more resilient during the latest short-term volatility. Consolidation between 4,000-4,800 area can restore energy for the next directional move.

 

BNBUSD

BNBUSD completed an 18 month-long rectangle with the upper boundary acting as resistance at 355 levels. Breakout pushed the price towards the rectangle price target at 504 levels. There is a larger scale rectangle pattern between 206 and 700 levels. This is a well-defined consolidation. Both boundaries are recognized by market participants. It is important to have boundaries that are not violated by spikes, it shows that market recognized those levels and buyers and sellers acted around the horizontal lines. Breakout above 700-790 area was a long-term bullish signal with the price target of 1,194 levels. The strong weekly close with a long white candle was the breakout confirmation.  BNBUSD can accelerate higher after completing the pullback to the broken resistance. BNBUSD is another pair that held well and did not give back its gains.

 

SOLUSD

SOLUSD has been in a steady uptrend. All-time high at 247 levels is still acting as a technical hurdle. Price is still outside of the broken trend channel. 187-247 area will act as resistance. A possible H&S top failure can confirm with a breakout above 187 levels, the high of the right shoulder. H&S top failure price target stands at 368 levels. Sharp drop towards 112 levels can better defined the right shoulder and increase the probability of a H&S top reversal. The weekly candle is not strong enough to confirm a breakout above 187 levels and as a result a H&S top failure. I will be looking for a long weekly white candle that can shift the sentiment to positive and result in an uptrend towards 368 levels.

 

KCSUSD

KCSUSD has been consolidating between converging boundaries which can be identified as a symmetrical triangle. Last week’s candle was strong and pushed the price above the pattern boundary. Given that the upper boundary of the symmetrical triangle is not steep, the breakout can take out previous highs. I will monitor the price chart for another strong weekly close that clears the minor highs between 14.58 and 16 levels.

 

ARBIUSD

ARBIUSD has been in a steady downtrend over the past year. The pair might be completing a 6 month-long double bottom with the neckline at 0.5 levels. Breakout above 0.5 levels can target 0.75 levels. Following the breakout confirmation price is pulling back to the double bottom neckline. It is important for the price to hold the horizontal neckline for the uptrend to resume. So far, price action looks like a re-test of the horizontal support.