Whilst both inflowing liquidity and appetite for speculation have slowed down over the last 2 months, the reclamation of the $68k level has driven a majority of the Bitcoin Short-Term Holder cohort back into holding an unrealized profit.
This indicates that despite recent sideways choppy price action, the majority of recent buyers now have a cost basis which is more favourable and below the current spot price.
#CELR/USDT BUY SETUP
CELR has broken out of the descending triangle and is currently testing it. A successful test will confirm a bullish move. Get ready for takeoff. 🚀
Binance announced the 55th project on Binance Launchpool - IONET (IO), a Decentralized AI computing & Cloud Platform. Users will be able to stake their BNB and FDUSD into separate pools to farm IO tokens over four days. Binance will then list IO at 2024-06-11 12:00 (UTC).
Читать полностью…#BURGER/USDT ANALYSIS
BURGER is displaying a clear formation of the cup and handle pattern, a bullish continuation pattern that suggests potential for further upside. Presently, the price is trading within the handle portion of the pattern.
The Ichimoku cloud is also showing bullish momentum, the current price, reinforcing the bullish outlook.
A breakout above the neckline of the cup and handle pattern would serve as a strong bullish confirmation, indicating a likely continuation of the upward trend and further strengthening the bullish sentiment in the burger.
#BTC/USDT ANALYSIS
Following a successful breakout and subsequent retest of the symmetrical triangle pattern, the crypto market has entered a robust bullish rally. This rally is encountering horizontal resistance, a critical level that could influence short-term price movements.
The 50-day moving average is also trending upwards, signifying ongoing bullish momentum and acting as a dynamic support level.
If the bitcoin decisively breaks above this horizontal resistance, it would further validate the prevailing bullish sentiment, potentially leading to continued upward momentum and new highs in the crypto market.
#FLOKI/USDT ANALYSIS
FLOKI is currently trading within an ascending triangle pattern, encountering resistance from the horizontal boundary of the triangle. The Ichimoku Cloud also signals bullish momentum, adding weight to a potential upward trajectory.
A breakout above the triangle's resistance, accompanied by substantial trading volume, would solidify bullish sentiment and could pave the way for new highs for $FLOKI.
#S&P 500 ANALYSIS
The S&P 500's upward trajectory persists post-breakout from the ascending triangle pattern. It has recently exceeded its prior peak and currently maintains a position above this mark.
The Ichimoku Cloud is showing bullish momentum, with the price well above the cloud, which typically indicates a strong uptrend. The cloud itself is green, suggesting continued bullish sentiment.
So long as it sustains this level, the bullish momentum is anticipated to endure. Yet, a dip beneath this threshold could signal a short-lived retreat before resuming the upward trend.
If we examine the rolling performance of the Bitcoin market across weekly 🟥, monthly 🟦 and quarterly 🟧 timeframes, we can see generally strong performance, recording values of +3.3%, +7.4%, and +25.6%, respectively.
To highlight periods of particularly strong price performance, we can count the number of trading days within a 90d window where performance across all three timeframes exceeds +20%. Only 5 days through the last quarter have reached this threshold so far.
In prior cycles, this count reached between 18 and 26-days, which suggests the current market may be somewhat more measured relative to historical bull markets.
#BTC/USDT ANALYSIS
Bitcoin is rebounding from the horizontal support zone within a descending triangle pattern and is approaching a critical juncture where it could break through its resistance trendline. The 100-day moving average is also displaying bullish momentum, further reinforcing the potential for an upward move.
Should Bitcoin successfully break out from the descending triangle, it would serve as a strong confirmation of a bullish trend, indicating a possible continuation of upward price action. .
#YOLO/USDT Mega Signal Recap! 🚀
With around 300k USDT in volume and a peak of 3200% (32X), we ensured a fair and safe pump for our community—0% prepump and zero prebuy.
Although the peak didn't last as long as we intended it to, our coin sat as the #1 gainer on MEXC and our whales bought after our members and made 2nd min candle higher than 1st min and peak in 3rd min candle giving opportunity to all our members who bought in 1st and 2nd min candles to take massive profits.
Big names are hyping #YOLO globally, and our whales are gearing up for another pump for #YOLO in the coming weeks. Overall, we can safely say that this signal was a huge success and that the upcoming one will be a long lasting pump and our whales will continue buy for hours to make sure we reach again 100X gains on MEXC.
We are receiving many messages of appreciation and we are glad many of you managed to turn a massive profit on this signal! Stay tuned for our next signal announcement!
Keep buying, our whale will support market buy!🚀
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#QNT/USDT BUY SETUP✍🏻
QNT is trading within a strong horizontal demand zone and looks primed for a bullish ride soon.
R:R looks very good here 😉
#BTC/USDT ANALYSIS
Bitcoin has perfectly bounced from the support trendline of the ascending triangle and is currently facing the triangle's resistance. Both the 21MA and 50MA are acting as support levels.
A breakout from the triangle could trigger another bullish rally in the market. Additionally, we can expect further consolidation within the triangle.
#ALTS MARKET CAP ANALYSIS
The altcoin market cap has recently broken out of a symmetrical triangle pattern with significant volume, signaling a strong bullish move. Currently, it is trading within a bull flag pattern, which typically indicates a continuation of the upward trend.
The 100-day moving average is also showing bullish momentum, reinforcing the positive outlook.
A breakout above the bull flag pattern would serve as a bullish confirmation, suggesting the potential for substantial gains in the altcoin market.
U.S. spot Bitcoin ETFs saw today +$887.1m net inflows, the largest net inflow day since March 12th and the second highest net inflow day since inception
Читать полностью…#BTC DOMINANCE ANALYSIS
BTC.D has broken down from the rising wedge on the weekly timeframe. Currently, it is retesting the wedge. A successful retest would serve as a sharp downward movement.
A downward trend in BTC.D, A bull run in altcoins would occur if BTC moved sideways or in a bullish manner.
#BTC/USDT ANALYSIS
Bitcoin has broken out of its symmetrical triangle pattern with significant volume and has successfully retested the breakout level. This setup indicates a potential bullish ride ahead. The Ichimoku cloud also suggests strong bullish momentum, pointing towards a new peak for Bitcoin soon.
However, if the price falls back inside the symmetrical triangle, it could signal a little correction.
#GHST/USDT
Hit 2.222 | +40% 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🙌
#BONK/USDT ANALYSIS
BONK is currently trading within an ascending triangle pattern and is bouncing off the support trendline. The Ichimoku Cloud is also indicating bullish momentum, further supporting a potential upward move. A breakout above the triangle's resistance with strong volume would serve as a robust bullish confirmation, potentially leading to new peaks for $BONK.
Traders should watch for a decisive breakout as it could signal significant gains ahead.
#PDA/USDT BUY SETUP
PDA has broken out of its long consolidation phase with significant volume and is currently testing above the consolidation zone. A successful retest would confirm a strong bullish trend, setting the stage for further gains.
Get ready for a potential surge. 🚀
Countdown Alert! Less than 3 hours until $TWIF Launches on DigiFinex! 🌐
• Listing Price: $0.04🚀
• Check out the full information on DigiFinex's official announcement : https://support.digifinex.com/hc/en-us/articles/33132277095321--New-Coin-Listing-Tomwifhat-TWIF-Launches-on-DigiFinex
• Currently available on MEXC, PancakeSwap and Uniswap
🥞PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350
🦄Uniswap buy link: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350
Ⓜ️MEXC buy link : https://www.mexc.com/exchange/TWIF_USDT
Binance Will Delist OMG, WAVES, WNXM, XEM on 2024-06-17
https://www.binance.com/en/support/announcement/f65faeeefe07417a8b6dd2900ba8da7e
#USDT DOMINANCE ANALYSIS
USDT.D is falling as anticipated following the breakdown of the rising wedge. Currently, it is consolidating within a bear flag pattern, with the Ichimoku Cloud acting as resistance. A breakdown from this bear flag would likely result in a sharp downward movement.
It's important to note that USDT dominance typically moves inversely to the crypto market, so a decline in USDT.D may signal a bullish phase for crypto market.
The coin we are pumping tonight is: YOLO
https://www.mexc.com/exchange/YOLO_USDT
Buy and hold for massive profits🚀