According to Michaël van de Poppe, Bitcoin has performed a solid retest of its previous support levels, indicating a potential upward movement. The key resistance to watch is the $87K mark, and breaking through it could propel Bitcoin's price above $90K. This analysis suggests a bullish outlook for Bitcoin traders if the resistance is overcome. (Source: Michaël van de Poppe via Twitter)

According to Trader Tardigrade (@TATrader_Alan), Bitcoin has successfully completed a retest on the neckline of a Head and Shoulders pattern. This technical analysis suggests a potential bullish target for $BTC at $350k, indicating a significant upward movement if the pattern holds true.

According to Material Indicators, Bitcoin's attempt to validate local support quickly shifted as the price plummeted below $86K unexpectedly. Initially perceived as an invalidated retest, this movement raises questions about Bitcoin's resilience and potential trading strategies around support levels. Source: Material Indicators (@MI_Algos).

According to Mihir (@RhythmicAnalyst), ACH has begun its recovery phase as it successfully retested a previous breakout level, indicating potential bullish momentum. This retest is crucial for traders as it suggests a possible continuation of the upward trend, providing a potential entry point for short-term gains. Such technical movements are often seen as strong indicators for traders looking to capitalize on market corrections and upward momentum.

According to Mihir (@RhythmicAnalyst), there is no alteration in POPCAT's setup, indicating stability in its current trading pattern. The recent price correction was identified as a retest of the previous low, which might signal a potential support level for traders to monitor.

According to Mihir (@RhythmicAnalyst), the Trump coin's price action can be understood by analyzing the high and low of the candles in relation to yellow and blue indicators, which likely represent moving averages. The concept of a 'throwback,' or a retest of an upside breakout level, is also crucial for traders to consider when evaluating potential entry and exit points in the market.

According to Michaël van de Poppe, LINK experienced an ideal but deeper-than-anticipated retest, aligning with ETH's recent patterns. He suggests that the upcoming week could see positive movement, potentially leading to an upward trend on the charts.