#USDT DOMINANCE ANALYSIS
USDT.D is currently tracing a pattern within a symmetrical triangle. It has breached the MA 100, and the Ichimoku cloud indicates a bearish trend. Additionally, the MACD crossover signals bearish momentum.
Confirmation of a bearish trend would occur with a sustained breakdown of the triangle. Notably, a downward movement in USDT.D would serve as a bullish indicator for the crypto market, given its inverse correlation.
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#ETH/USDT ANALYSIS
ETH breakout the symmetrical triangle followed by a bullish rally. It also breakout the Ichimoku cloud. MACD crossover is gaining bullish momentum. A continuation of the bullish move is expected.
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#BTC/USDT ANALYSIS
BTC is attempting to breakout the symmetrical triangle. The Ichimoku cloud is acting as support. MACD crossover is showing bullish momentum. A solid breakout of the triangle would be the bullish confirmation, while a rejection would be a sign of further movement inside the triangle.
#DOGE/USDT ANALYSIS
DOGE is once again breaking out of the ascending triangle. It has also broken out of the Ichimoku cloud. The MA 100 is indicating a bullish trend. A continuation of the bullish move is expected for as long as it continues to trade above the triangle.
#WLD/USDT ANALYSIS
WLD is moving in a descending triangle. Currently, it is holding above the horizontal support. MA 200 is acting as support. MACD crossover is turning bullish. A good volume bounce and breakout of the triangle would be the bullish confirmation, while a sustained breakdown would be the bearish confirmation.
#BTC/USDT ANALYSIS
BTC has formed a bullish pennant pattern. Currently, it is facing the MA 100 and the Ichimoku cloud resistance. MACD crossover is showing bullish momentum.
A break above the Ichimoku cloud and a solid breakout of the bullish pennant would be a strong bullish confirmation, until that a further consolidation is expected inside the pennant.
#BTC DOMINANCE ANALYSIS
BTC.D is moving in an ascending triangle, with the Ichimoku cloud acting as support. The RSI is currently in the neutral zone. A solid breakout of the triangle would confirm a bullish trend.
In the event of rejection, further movement within the triangle is anticipated. It's worth noting that BTC.D often exhibits an inverse relationship with the alts market cap.
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Читать полностью…#BTC/USDT ANALYSIS
BTC breakout the symmetrical triangle and currently, it is coming to retest above it. The Ichimoku cloud is showing a bullish trend. A successful retest would confirm the continuation of the upward direction.
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Читать полностью…#TOTAL MARKET CAP ANALYSIS
The total market cap is currently moving within a symmetrical triangle pattern. It has recently rebounded from the trendline support and is gradually approaching the trendline resistance.
The Ichimoku cloud indicates a bullish trend, while the MACD crossover is transitioning to a bullish signal. Should there be a solid breakout above the triangle's boundaries, it would confirm an upward trajectory in the market.
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Читать полностью…#BTC/USDT ANALYSIS
BTC has bounced from the trendline support and broken out of the Ichimoku cloud. It has also reclaimed the MA 50 and 100. A confirmation of the strong bullish rally would be a solid breakout of the triangle.
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ETH looks ready for a bounce from the trendline support of the symmetrical triangle 🚀
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Читать полностью…#ETH/USDT ANALYSIS
ETH is currently forming an ascending triangle pattern on the weekly timeframe. It appears to be encountering resistance at a horizontal level.
The golden crossover has already occurred, indicating a potential bullish trend. The Ichimoku cloud also suggests a bullish outlook.
However, it's worth noting that the RSI recently faced rejection from the overbought region and has formed a hidden bearish divergence.
A decisive breakout above the triangle would confirm the bullish sentiment, but until then, there remains a possibility of a retest of the trendline support within the triangle.