#API3/USDT ANALYSIS
API3 is currently consolidating within a descending triangle pattern, rebounding from a horizontal demand zone. The Ichimoku Cloud is acting as resistance above the triangle.
A successful breakout from this pattern, accompanied by strong volume, would confirm a bullish move. It's advisable to monitor the price action closely for such a breakout to determine the next direction.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has successfully broken out of the falling wedge pattern and completed a successful retest. It is now trading above the 200MA, which is providing solid support, while the 50MA is acting as a resistance barrier.
A breakout above the 50MA could ignite a bullish rally across the altcoin market. Keep an eye on this key level for potential upside momentum.
#TIA/USDT ANALYSIS
TIA is consolidating within a descending broadening wedge and facing rejection at the resistance trendline. The 21MA is providing strong support beneath the price action.
A decisive breakout from the wedge could trigger a bullish trend, signaling potential upward momentum. Keep an eye on this key level for the next move.
#BTC DOMINANCE ANALYSIS
BTC.D is currently trading within a rising wedge pattern on the weekly timeframe, a typically bearish setup. The 21MA is offering support just below the wedge. A breakdown from this pattern could confirm a bearish outlook for BTC Dominance.
A decline in BTC.D, particularly if Bitcoin stays flat or bullish, would likely signal a potential altcoin bull run. Keep an eye on this key level for the next move!
Buying #GFT here🚀
Chart indicating a strong bounce from weekly support
We can set target for atleast 20-40% from here in short term✍🏻
#GFT/USDT gaining momentum from the demand zone and looks ready for the bullish ride 🚀
Buy on MEXC: https://www.mexc.com/exchange/GFT_USDT
Buy on Binance: https://www.binance.com/en/trade/GFT_USDT
Short term targets: 10%-30%-50%
#BTC/USDT ANALYSIS
Bitcoin has broken out of its descending triangle pattern and is currently testing above the breakout level. The 100MA is acting as strong support, indicating bullish momentum.
A successful retest of this level would confirm a bullish trend, signaling potential for further upward movement. However, if the price fails to hold above this zone, a return to the triangle could lead to further consolidation within the pattern.
#TIA/USDT ANALYSIS
TIA is trading within a descending channel and is currently attempting to break through the Ichimoku Cloud, which is acting as a resistance barrier. A breakout from the channel, followed by a successful retest, would provide strong confirmation of a bullish reversal.
#BTC/USDT ANALYSIS
Bitcoin is rebounding above the Ichimoku Cloud, which is now providing strong support following its breakout from the descending triangle.
A potential bounce is expected if the price breaks above the 100MA, currently acting as a resistance barrier. Keep a close watch on this level for confirmation of upward momentum.
#GRT/USDT ANALYSIS
GRT is currently consolidating within a descending channel and facing rejection at the channel's resistance trendline, where the 200MA is acting as a strong resistance barrier.
To confirm an upward move, we need to wait for a breakout above both the channel and the 200MA. Alternatively, failure to break through this level could lead to a downward movement.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a symmetrical triangle pattern, with its price holding above the Ichimoku Cloud. This is an important technical position, as the Ichimoku Cloud is providing a support level, indicating that bullish momentum could still be in play.
To confirm the next direction, it's essential to wait for a successful breakout above the triangle's upper resistance trendline or a breakdown below the support trendline.
A breakout to the upside, particularly if accompanied by significant trading volume, would indicate the continuation of a bullish trend, potentially pushing Bitcoin towards higher price targets.
On the other hand, a breakdown from the triangle could signal a bearish move, with the price likely falling towards key support zones below.
The dominance of the "new whales" in terms of #Bitcoin realized cap is at an ATH.
Old whales (4M BTC) are now passing the baton to new whales (1.7M BTC) in an unprecedented shift in the Bitcoin market.
#WIF/USDT
Hit 2.808 | +17% So Far🚀✌️
Stay tuned to the channel and pin it to ensure you never miss out on any crucial updates. Also share our channel with your friends and family. Let's soar to new heights together! Keep Earning🙌
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern, a formation that often signals potential reversals in trend. This pattern suggests increasing volatility as price movements widen, and it typically precedes a significant directional shift.
Currently, the Ichimoku Cloud is providing crucial support, as the market cap tests this level, indicating that buyers are stepping in to hold prices above this support zone. If the market manages to break out decisively from the wedge, it could catalyze a robust bullish rally across the entire crypto market, attracting renewed interest from investors and traders alike.
Monitoring these key technical indicators will be essential to identify potential entry points and assess market sentiment in the coming days.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending broadening wedge pattern, gaining momentum from the Ichimoku Cloud, which is providing support beneath the price action.
A decisive breakout from the wedge would offer strong bullish confirmation for the broader crypto market. Monitoring upcoming price movements will be crucial for determining the next direction.
$2.5B in futures open interest was closed during the rally, suggesting a flushing of short sellers. However, OI reduction on the top 3 perpetual exchanges didn’t surpass the 5% threshold🟨, leaving the market vulnerable to volatility and potential squeezes on leveraged traders
Читать полностью…#BTC/USDT ANALYSIS
Bitcoin is currently trading within a descending triangle pattern and facing rejection from the resistance trendline. The Ichimoku Cloud is providing support just below the price action.
A breakdown below the Ichimoku Cloud could signal further downside movement within the pattern.
Conversely, a breakout above the triangle, supported by significant volume, would confirm a bullish trend. It's essential to closely monitor these key levels for the next move.
#GFT gearing up for a massive pump! A strong bullish divergence spotted on the daily 🚀
Читать полностью…Buying #GFT/USDT here ✌🏻
Lying above the strong demand zone
Bullish harmonic pattern is showing its reversal zone
MACD crossover is showing bullish momentum
Expecting a big upward move from here 🚀
Targets are mentioned in the chart
#LTC/USDT ANALYSIS
LTC has broken out of its descending channel after a period of consolidation and is now attempting to break through the Ichimoku Cloud. A decisive breakout above the cloud could ignite a strong bullish rally for LTC. Keep an eye on this key level.
#S&P 500 ANALYSIS
The S&P 500 has successfully broken out of its ascending triangle pattern and completed a retest, gaining upward momentum. The Ichimoku Cloud is offering strong support, indicating sustained bullish movement.
Considering the S&P 500’s correlation with trends in the crypto market, this price action should be monitored closely for potential signals that could influence broader market dynamics.
#BAKE/USDT ANALYSIS
BAKE is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone. The Ichimoku Cloud is acting as a strong resistance barrier.
A decisive breakout above both the triangle pattern and the Ichimoku Cloud could confirm the start of a bullish trend.
#USDT DOMINANCE ANALYSIS
USDT Dominance is currently rebounding from the support trendline of its ascending triangle pattern, with the 100MA providing strong support and indicating bullish momentum.
A decisive breakout or breakdown is required to confirm the next direction for USDT Dominance. Given its typical inverse relationship with the broader crypto market, this is a crucial level to monitor for potential shifts in market sentiment.
The U.S. core CPI annual rate in September was 3.3%, expected to be 3.2%, and the previous value was 3.20%. The U.S. CPI annual rate in September was 2.4%, expected to be 2.3%, and the previous value was 2.50%. The annual rate of core CPI was higher than market expectations and the highest since June.
The number of initial unemployment claims in the United States for the week ending October 5 was 258,000, the highest since the week ending August 5, 2023.
#UNI/USDT ANALYSIS
UNI is currently consolidating within a descending triangle pattern, rebounding from the horizontal demand zone. The 21MA is providing strong support beneath the price action, while the Ichimoku Cloud poses resistance overhead. A solid breakout from this pattern could signal a bullish confirmation. Stay alert for the move.
#US DOLLAR ANALYSIS
The US dollar is consolidating within a descending triangle pattern, currently rebounding from the horizontal demand zone. The Ichimoku Cloud is acting as a resistance barrier above the price action.
A decisive breakout or breakdown from the triangle will determine the next major move. It's also key to note that the US dollar typically has an inverse relationship with the cryptocurrency market, making this move crucial for broader market dynamics.
#GMX/USDT ANALYSIS
GMX is consolidating within a falling wedge pattern and is currently facing rejection from the resistance trendline. A breakout above the wedge would confirm a bullish trend, while a breakdown below the support trendline would invalidate the pattern, signaling potential further downside.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a symmetrical triangle pattern and is currently rebounding from the Ichimoku Cloud, which is acting as a key support level.
A strong breakout from the pattern could signal the start of a bullish trend. However, until a breakout occurs, further price movement within the pattern is likely.
#BNB/USDT ANALYSIS
BNB is currently consolidating within an ascending triangle pattern and has recently rebounded off the support trendline. The Ichimoku cloud indicates bullish momentum, suggesting potential upward movement. To determine the next direction for BNB, we should wait for a clear breakout or breakdown from this pattern.