#US DOLLAR ANALYSIS
The US dollar has recently broken down from a symmetrical triangle pattern with significant volume, indicating potential bearish momentum.
It is currently undergoing a retest of the broken support level, and a successful retest would confirm the onset of a bearish trend. However, if the retest fails, the dollar may enter a phase of further consolidation within the triangle.
Notably, this development could be positive for the crypto market, as the US dollar and cryptocurrencies often exhibit an inverse relationship.
Ethereum’s net growth in staked ETH currently outpaces both its net and gross emission rates
Читать полностью…#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern, a technical structure that often precedes significant price movement. The 100-day moving average is acting as a crucial resistance barrier, rejecting BTC's attempts to break higher.
Market sentiment remains cautious as traders await a clear breakout or breakdown from this pattern to confirm the next directional move. Volume has been relatively low, indicating indecision among participants.
A confirmed breakout above the 100MA could signal a bullish reversal, while a breakdown might lead to further downside.
#BNB/USDT ANALYSIS
BNB has broken out of a descending broadening wedge pattern and is currently retesting the breakout level. The Ichimoku Cloud is acting as resistance above the current price action.
A successful retest of the pattern, followed by a breakout above the Ichimoku Cloud, would confirm a bullish reversal. However, if the retest fails, the price may continue to move within the pattern.
Binance Will Support the Polygon (MATIC) Token Swap to Polygon (POL)
https://www.binance.com/en/support/announcement/6a6de383727f4659a3050f7982e1620f
#BTC/USDT ANALYSIS
Bitcoin has recently broken down from an ascending triangle pattern with significant volume, indicating a potential shift in momentum. It is currently trading within the Ichimoku Cloud, which is acting as support.
If the cloud holds, we could see a bounce from this level. However, if Bitcoin breaks below the Ichimoku Cloud support, further market correction may follow.
#SAND/USDT ANALYSIS
SAND is currently consolidating within a falling wedge pattern and is facing rejection at the resistance trendline. We need to monitor for a decisive breakout or breakdown.
A breakout above the resistance would provide a bullish confirmation, while a breakdown below the support trendline would invalidate the pattern.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending broadening wedge pattern. Currently, it is testing the Ichimoku Cloud, which is acting as a support, while the 50-day and 100-day moving averages both are serving as resistance barriers.
A successful hold above the Ichimoku Cloud could signal a bullish trend, whereas a breakdown below the Ichimoku Cloud may indicate a bearish trend.
Binance Will List Eurite (EURI) and Introduce EURI Zero Trading Fee Promotions
https://www.binance.com/en/support/announcement/e8c6134371e945df961ae1854e863a62
#S&P 500 ANALYSIS
The S&P 500 has successfully broken out of a cup-and-handle pattern, followed by a successful retest of the neckline, confirming the bullish trend. The Ichimoku Cloud also signals strong bullish momentum.
Currently, the S&P 500 is moving upward and encountering resistance at a key horizontal level. If it breaks through this resistance, further upward movement is anticipated.
However, there is also the possibility of the S&P 500 forming a double top at this level, which could indicate a potential reversal.
Keep buying, our whale will support market buy!🚀
https://www.mexc.com/exchange/JWIF_USDT
Dear members,
1 hour left until the MEXC pump!
A massive 50X-100X pump is about to happen in only 60 minutes. We will be using USDT for this call, make sure you have “USDT”in your “MEXC wallet”before pumping.
Dear members,
3 hours left until the biggest pump we have ever done on MEXC!
- Our target will be 50X-100X gains today. We will be using the MEXC exchange to pump.
- We will be using the USDT pairing to buy, make sure you have USDT in your account to buy the coin.
- Hundreds of thousands of traders will be buying at once, make sure you buy early before outsiders do.
- If you plan to use your whole balance, you can buy using 75% of your balance initially at market price, use the remaining of your balance to place buy orders!
- When you buy the coin and it's time to sell, never sell on the buy supports! Instead sell slowly in parts as the price goes up.
- After buying, we highly suggest to place buy orders below the market price as the price moves up.
JUST IN: 🇺🇸 Donald Trump says he will make the United States the "crypto capital of the planet" if elected president.
Читать полностью…#IMX/USDT ANALYSIS
IMX is currently consolidating within a descending channel, with price action attempting to break through the resistance trendline. The 100-day moving average is positioned just above the channel, acting as an additional resistance level.
A decisive breakout from the channel, coupled with a move above the 100MA, would serve as strong bullish confirmation. Traders should monitor this closely, as a successful breakout could signal a shift in momentum.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is consolidating within a descending channel, signaling uncertainty and potential volatility. This pattern suggests a continuation of the bearish trend, urging traders to watch for a breakout or breakdown to confirm the next move.
The Ichimoku Cloud is a key resistance, rejecting upward price movement and reinforcing bearish momentum. As long as the price stays below the cloud, the likelihood of further declines remains strong.
Patience is essential in this market. A breakout above the Ichimoku Cloud could hint at a bullish reversal, while a breakdown below the channel would confirm continued bearish momentum. Traders should wait for a clear signal before making decisions.
#MATIC/USDT ANALYSIS
MATIC has broken out of a falling wedge pattern with strong volume. It is currently undergoing a retest, and a successful retest would confirm a bullish reversal. However, if the retest fails, the pattern's validity will be nullified.
Notice of Removal of Spot Trading Pairs - 2024-08-30
https://www.binance.com/en/support/announcement/f6c1a549e5374ecaa8591b536b2b138f
#ALTS MARKET CAP ANALYSIS
The ALTS market cap is currently consolidating within a symmetrical triangle, indicating a period of indecision and potential for a significant move once a breakout or breakdown occurs.
The Ichimoku Cloud is serving as a key resistance barrier, with price action repeatedly facing rejection from its upper boundary.
This resistance adds to the uncertainty, suggesting that a decisive move above the cloud could signal a bullish breakout, while a breakdown below the triangle could confirm a bearish trend.
Traders should closely monitor for a clear breakout or breakdown, accompanied by strong volume, to confirm the next direction for the ALTS market cap.
Celsius' bankruptcy administrator issued its first status report, saying that more than $2.53 billion in assets had been distributed to approximately 251,000 creditors. Celsius received court approval for a restructuring plan in November last year, which involved distributing more than $3 billion in assets to approximately 375,000 creditors from 165 countries.
Читать полностью…#BTC DOMINANCE ANALYSIS
BTC.D is consolidating within an ascending channel, currently trading above the 21MA, which is providing support. To determine the next move, we need to wait for a clear breakout or breakdown from this channel.
It's important to note that BTC.D typically has an inverse relationship with the altcoin market cap, making this level crucial for understanding broader market dynamics.
#PEPE/USDT ANALYSIS
PEPE is currently consolidating within a descending broadening wedge pattern and trading inside the Ichimoku Cloud. A breakout above the wedge would signal a bullish trend.
While a breakdown below the Ichimoku Cloud could lead to further downside movement. Keep an eye on these key levels for potential shifts in market direction.
#BTC/USDT ANALYSIS
Bitcoin has recently broken out of an ascending triangle with significant volume, signaling a strong bullish move. It is currently trading within a bull flag pattern. A breakout from this pattern would confirm the continuation of the uptrend.
Conversely, if Bitcoin breaks down from the bull flag, the pattern will be invalidated, and we might see a retest of lower levels, with the 200MA acting as key support. Keep a close watch on these levels for potential trading opportunities.
#JWIF/USDT Mega Signal Recap! 🚀
Amazing signal with around 200k USDT in volume and peak of 26X. Hundreds of thousands of MEXC traders took notice of our call on #JWIF as it climbed the 'Top Gainers' list, Congratulations to those who managed to make profits on this one, everybody that had a good internet connection and was fast enough had the opportunity to book loads of profit during 2nd minute candle.
This was an amazing signal as we promised our whales supported our coin and we're glad everyone participated. We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! the upcoming one will be a long lasting pump and we will make sure to reach again +10000% gains on MEXC. Stay tuned for our next signal announcement!
The coin we are pumping tonight is: JWIF
https://www.mexc.com/exchange/JWIF_USDT
Buy and hold for massive profits🚀
2 hours left until the mega pump on MEXC! Things are looking great for us and we will definetly be expecting a very nice pump!
Here is a list of things you need to know before the pump:
- The faster you buy the more profit you will make, buying early is the most important factor that will determine your profits.
- If you are using market buy , using the 100% option won't work , instead use between 75% and below.
- The pump will be free for all and on MEXC, the signal will be given on all our telegram groups at the same time
📣 6 hours remaining until our pump on MEXC! Our pump will be free for all and everyone will receive the signal at the exact same time. A few tips before we begin : Buying early and fast is very important! Make sure to be active during the pump. If you buy and sell for a profit we suggest adding a buy order at a lower level afterwards to ride the waves and help support the pump, never sell on the buy supports! Instead sell slowly in parts as the price goes up. We are aiming at 50X-100X gains today possibly even more, make sure you have “USDT” in your “MEXC wallet” before pumping.
Читать полностью…