#ALPACA/USDT ANALYSIS
ALPACA is consolidating within a falling wedge pattern, currently encountering rejection at the Ichimoku Cloud, which is acting as resistance above the pattern.
A solid breakout, followed by a successful retest above the wedge, would provide bullish confirmation. Keep a close watch on this setup.
#BTC/USDT ANALYSIS
Bitcoin continues to trade within the ascending triangle pattern, facing rejection at the horizontal resistance zone.
The Ichimoku Cloud is providing support, indicating sustained bullish momentum. A decisive breakout or breakdown is needed to confirm the next significant move for BTC.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has broken down from the descending triangle pattern and is currently testing the area below the triangle. The 200MA is acting as support, while the 100MA is providing resistance.
A successful test of this pattern could lead to a downward movement in the ALTS market. However, if the retest fails, further consolidation within the triangle is likely.
#SOL/USDT ANALYSIS
SOL is currently consolidating within a descending triangle pattern and is facing rejection from the Ichimoku cloud, which is acting as a resistance barrier, indicating bearish momentum.
We should wait for a successful breakout or breakdown to determine the next direction for SOL.
#BTC/USDT ANALYSIS
Bitcoin continues to consolidate within an ascending triangle pattern. It's currently trading just above the support trendline, with the 100-day moving average providing support.
Meanwhile, the 200-day moving average is acting as resistance near the upper boundary of the triangle. A decisive breakout or breakdown from this pattern is needed to confirm Bitcoin's next move.
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#S&P 500 ANALYSIS
The S&P 500 has successfully broken out of a cup and handle pattern and completed a successful retest. The 21-day moving average is acting as support, while the Ichimoku Cloud indicates bullish strength.
Following the retest of the pattern’s neckline, the S&P 500 is now moving upward, signaling potential for further upward momentum.
The LTH Sell-Side Risk ratio remains lower than during previous ATH breaks, indicating that the LTH cohort is taking smaller profits compared to past cycles. This suggests they may be waiting for higher prices before increasing their selling pressure.
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#BB/USDT ANALYSIS
BB is consolidating within a descending triangle pattern. It is currently trading below the 21-day Moving Average, which is acting as resistance above the current price level. A decisive breakout or breakdown is needed to determine the next move.
#US DOLLAR ANALYSIS
The US dollar is currently consolidating within a symmetrical triangle pattern, trading just above the support trendline. The Ichimoku Cloud indicates bearish momentum.
To confirm the next move for the US dollar, we need to wait for a decisive breakout or breakdown of the pattern. It's important to note that the US dollar often shows an inverse relationship with the crypto market.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern, trading below the Ichimoku cloud, which is acting as resistance. A breakout above the Ichimoku cloud would provide short-term bullish confirmation.
However, to confirm the long-term Bitcoin price movement, we need to wait for a decisive breakout or breakdown of the pattern.
When we analyze the yearly median value of Spot CVD, we can see that the median value has fluctuated between -$22m and -$50m over the last 2 years, suggesting the presence of a net-sell side bias.
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Читать полностью…#BTC DOMINANCE ANALYSIS
BTC.D is consolidating within a rising wedge pattern and has recently been rejected at the resistance trendline. The MACD crossover signals bearish momentum, suggesting a likely continuation of the downward movement. This could lead to an upward trend in the altcoin market.
#VOXEL/USDT ANALYSIS
VOXEL has broken out of its descending broadening wedge pattern following a strong bounce off the support trendline.
The Ichimoku Cloud is now serving as support beneath the current price action. A successful retest above the wedge could trigger another bullish rally in VOXEL.
#BTC/USDT ANALYSIS
Bitcoin is currently trading within a symmetrical triangle pattern, attempting to break through the resistance trendline after rebounding from the support.
The Ichimoku Cloud indicates bullish momentum, reinforcing the potential for an upward move. However, a decisive breakout is essential to confirm the continuation of this bullish trend.
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#ARPA/USDT ANALYSIS
ARPA is currently consolidating within a descending triangle, with a rebound occurring from the horizontal demand zone at the base of the pattern.
The Ichimoku Cloud serves as a resistance overhead, situated above the triangle. A decisive move, either a breakout or breakdown, is needed before considering any trades.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a symmetrical triangle pattern, with the 100MA acting as a key resistance level. The price is currently trading below this moving average, indicating potential pressure from sellers.
A decisive breakout or breakdown from the triangle will be crucial in determining the next directional move for BTC. Patience is needed for confirmation.
#USDT DOMINANCE ANALYSIS
USDT.D is trading within a symmetrical triangle, with the price currently facing rejection at the Ichimoku Cloud resistance. The 200-day Moving Average is acting as support beneath the current price, suggesting a possible bounce if the price reaches this level.
However, a break below the 200MA could indicate a decline in USDT dominance, which may lead to an upward trend in the broader crypto market, as USDT.D typically moves inversely to overall market trends.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within an ascending triangle pattern. It is trading above the 100-day Moving Average, which is serving as a key support level.
The 200-day MA, positioned just above the triangle, is acting as resistance. A clear breakout or breakdown from this pattern is needed to confirm Bitcoin's next significant move.
#AMP/USDT ANALYSIS
AMP is consolidating within a descending channel and is currently attempting to break through its resistance trendline. The Ichimoku Cloud above the channel is serving as an additional resistance barrier. We should monitor closely for a breakout or breakdown.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is consolidating within a bull flag pattern. It is currently trading below the Ichimoku Cloud, which is acting as a resistance barrier above the current price action.
A breakout above the Ichimoku Cloud and the pattern's resistance trendline would provide strong bullish confirmation. Conversely, if the market cap breaks below the support trendline, the pattern will be invalidated.
#ADA/USDT ANALYSIS
ADA is currently consolidating within a falling wedge pattern and is now rising from the support trendline of the wedge.
The 50MA and 200MA are both acting as resistance just above the pattern's resistance trendline.
We should wait for a decisive breakout from the pattern before anticipating a bullish rally in ADA