#OP/USDT ANALYSIS
OP is trading inside a descending channel. Currently, it is facing the trendline and the Ichimoku cloud resistance. The MACD crossover indicates bullish momentum. A solid breakout of the Ichimoku cloud would confirm the bullish trend, while a rejection would signal further movement within the channel.
#BTC/USDT ANALYSIS
BTC is currently forming a symmetrical triangle pattern. The Ichimoku cloud and the 100-day moving average are acting as resistance levels. Additionally, the MACD crossover is indicating a shift towards bullish momentum. Therefore, it is advisable to await a definitive breakout or breakdown of the triangle for confirmation of the next direction.
#LOOM/USDT ANALYSIS
LOOM is moving in a falling wedge followed by a bullish rally. Presently, it encounters resistance from the trendline, the MA 100, and the Ichimoku cloud. MACD crossover is showing bullish momentum. A definitive breakout from the falling wedge would signify bullish confirmation, whereas rejection would indicate further consolidation within the wedge pattern.
#US DOLLAR ANALYSIS
The US dollar has pumped following the breakout of the symmetrical triangle. Currently, it has surpassed the Ichimoku cloud and is encountering horizontal resistance. The RSI indicates an overbought condition.
A rejection seems plausible, while a decisive breach of the horizontal resistance would confirm bullish momentum. It's worth noting its typical inverse correlation with the crypto market.
#WIF/USDT ANALYSIS
WIF is currently moving within a symmetrical triangle pattern. It has experienced rejection from the resistance trendline, with the MA 100 and the Ichimoku cloud serving as resistance levels. The RSI is situated in the neutral zone. We must await a definitive breakout or breakdown of the triangle for confirmation of its next direction.
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Читать полностью…#XRP/USDT ANALYSIS
XRP is currently exhibiting movement within a descending triangle pattern. It recently rebounded from both the MA 200 and horizontal support levels. However, it encountered resistance from the Ichimoku cloud.
A significant increase in volume, coupled with a decisive breakout from the triangle, would confirm a bullish trend. Conversely, a sustained breakdown below the triangle would signal a bearish trend.
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Читать полностью…#SOL/USDT ANALYSIS
SOL has broken out of the falling wedge pattern with a successful retest above it. The 50-day moving average is acting as a supportive factor. Additionally, the Ichimoku cloud indicates a bullish trend. As long as SOL continues to trade above the Ichimoku cloud, we can anticipate the continuation of the bullish momentum.
#HBAR/USDT
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Читать полностью…#BTC DOMINANCE ANALYSIS
BTC.D is currently moving within a rising wedge pattern, having encountered rejection from the resistance trendline. The RSI indicates overbought conditions. A sustained breakdown of the rising wedge would confirm bearish sentiment.
Should BTC.D decline while BTC moves sideways or upward, it could signal a bullish trend for Alts. However, if BTC and BTC.D decline simultaneously, it suggests capital outflow from the market.
#PEPE/USDT ANALYSIS
PEPE is currently moving within a descending channel, accompanied by a strong bullish rally. It has broken out of the Ichimoku cloud and is trading below the MA 100 and the trendline resistance.
A decisive breakout from the channel would confirm bullish sentiment, while a rejection would indicate potential further movement within the channel.
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#USDT DOMINANCE ANALYSIS
USDT.D has declined following the breakdown of the ascending triangle. The Ichimoku cloud indicates a bearish trend. Currently, it is encountering resistance at the MA 200.
Rejection from this point could be a probable scenario, while a decisive breakout above the MA 200 would signal bullish momentum. It's important to note that USDT.D typically moves inversely proportional to the cryptocurrency market.
#BTC/USDT ANALYSIS
BTC is approaching horizontal and trendline support, with a breakdown of the Ichimoku cloud and the MA 200. A significant volume bounce and breakout above the Ichimoku cloud would confirm bullish sentiment, while a sustained breakdown below the horizontal support would signal bearish momentum.
#BTC/USDT ANALYSIS
BTC is maintaining its position above the ascending trendline support while encountering resistance from the MA 200 and the Ichimoku cloud. A decisive breakout above the Ichimoku cloud would confirm bullish sentiment, whereas a sustained breakdown of the ascending trendline would signal bearish momentum in the market.
#TOTAL MARKET CAP ANALYSIS
The total market cap is currently holding above the horizontal support, with the Ichimoku cloud also providing support. Additionally, the RSI is in the oversold region.
A bullish move from this point, coupled with a breakout of the descending trendline and the MA 200, would confirm bullish sentiment. Conversely, a sustained breakdown of the horizontal support would signal bearish conditions.
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Читать полностью…#BTC/USDT ANALYSIS
BTC has been rejected by both the Ichimoku cloud and the MA 50. Currently, it is moving towards horizontal support. Bulls must defend this horizontal support, as a solid breakout of the Ichimoku cloud would confirm bullish momentum.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has pumped from the historical trendline support, with the MA 100 also providing support. The MACD crossover is turning bullish. Currently, the price is within the Ichimoku cloud, indicating indecision.
A breakout above the Ichimoku cloud would strongly confirm bullish momentum, while a rejection would suggest a retest of the historical trendline support.
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Blackrock's $IBIT inflow streak is at 71 consecutive days
#BTC/USDT ANALYSIS
BTC is currently retesting above the descending triangle and trading below the MA 100, which serves as a notable resistance level. On the bullish side, both the MA 200 and the Ichimoku cloud indicate a positive trend. As long as BTC remains above the Ichimoku cloud, the likelihood of continued bullish momentum remains high.
#HBAR/USDT
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#BTC/USDT ANALYSIS
BTC has broken out of the descending trendline and the Ichimoku cloud. Currently, it is encountering resistance at the MA 100. A successful retest or a break above the MA 100 would confirm bullish momentum. If the price retraces inside the descending trendline, it may retest the horizontal support once more.