#BTC/USDT ANALYSIS
Bitcoin is consolidating within a rectangular channel and is currently rebounding above the mid-trendline. The 100-day Moving Average is acting as a key support level. A successful breakout from the channel would confirm a bullish trend. However, if the price loses this trendline support, further price movement within the channel can be expected.
#SOL/USDT ANALYSIS
SOL is currently consolidating within a symmetrical triangle pattern after being rejected by the resistance trendline. The 50-day Moving Average is providing support, helping to maintain the current price level. To confirm the next direction, we need to wait for a decisive breakout above the resistance or a breakdown below the support. This will provide a clearer indication of SOL's potential movement.
#BTC/USDT ANALYSIS
Bitcoin is still trading within an ascending triangle pattern, having recently been rejected at the horizontal resistance zone. The 100MA is currently providing support here.
Bitcoin's next decisive move depends on breaking above the resistance zone or below the ascending support trendline. A breakout with high volume suggests an uptrend continuation, while a breakdown with high selling volume signals a bearish reversal.
Monitoring these key levels and volume will be essential for anticipating Bitcoin's next direction.
#BTC/USDT ANALYSIS
Bitcoin is facing rejection at the horizontal resistance zone of the ascending triangle. It continues to trade within the triangle, rebounding from the support trendline. The Ichimoku Cloud indicates bullish momentum at this level, suggesting that the current support is strong.
A successful breakout above the triangle would serve as a bullish confirmation, potentially signaling the continuation of Bitcoin's upward trend. Conversely, a breakdown below the support trendline could lead to a further market correction.
Stay tuned for further updates as we monitor Bitcoin's price action and the potential for a breakout or breakdown.
#COTI/USDT
Hit 0.15409 | +25% 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🙌
#BTC/USDT ANALYSIS
Bitcoin is encountering resistance at the upper boundary of an ascending triangle pattern, suggesting a period of further consolidation within this formation.
Additionally, the Ichimoku Cloud is providing support at this level. A breakout from the triangle would serve as a bullish confirmation.
Stay tuned for further updates as we monitor the price action and look for signs of a potential breakout.
#TOTAL MARKET CAP ANALYSIS
The total market cap has successfully broken out of a descending triangle and has retested above this breakout point. The Ichimoku Cloud also indicates bullish strength.
We anticipate the continuation of this bullish trend, with the next target being the marked all-time high zone. However, minor retracements may occur along the way.
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.
#BTC DOMINANCE ANALYSIS
BTC.D has recently broken down from a rising wedge pattern on the weekly timeframe, a bearish indicator that suggests potential for further decline. Currently, BTC.D is in the process of retesting the lower boundary of the wedge. If this retest is successful and BTC.D continues to fall, it could signal a significant downward movement.
This scenario typically indicates a shift in market sentiment. Consequently, a downward trend in BTC.D often aligns with a bull run in altcoins, as capital flows into these assets, driving up their prices and leading to a robust performance in the altcoin market.
Market makers are creating a "RED Carpet" for Franklin Templeton Fund to accumulate altcoins at a cheaper rate.
Alts are dumping like anything and now testing new lows
Reversal soon when enough holders panic sell so don’t panic sell your altcoins here
#S&P 500 ANALYSIS
The S&P 500 Index shows a clear upward trend, confined within a rising wedge pattern. Recently, the S&P 500 has approached the upper boundary of this wedge, indicating potential resistance.
The Ichimoku Cloud beneath the price action suggests supportive bullish momentum. However, traders should be cautious as rising wedges often signal a possible reversal or consolidation.
Monitoring for a breakout above the wedge could confirm continued bullish strength, while a rejection might suggest an imminent correction.
#FIL/USDT ANALYSIS
Following a robust period of consolidation within a symmetrical triangle, FIL has broken out with substantial volume and has successfully retested above the triangle.
Additionally, the Ichimoku Cloud is signaling bullish momentum. As a result, we can anticipate potential significant gains in the near future.
#US DOLLAR ANALYSIS
The US dollar is currently testing the ascending triangle support trendline after a successful breakdown. A successful test would indicate strong downward movement.
The 21MA also shows bearish momentum, suggesting a likely downward move. However, if the retest fails, further consolidation within the triangle is expected.
Notably, a downward move in the US dollar typically has an inverse relationship with the crypto market.
#VIB/USDT ANALYSIS
VIB has broken out of the symmetrical triangle with significant volume and is currently showing strong bullish momentum. The 200MA is also acting as support. A breakout of the horizontal resistance zone would further enhance the bullish outlook for VIB.
#MBL/USDT BUY SETUP✍️
MBL is trading above a strong horizontal demand zone.
Get ready for a bullish ride. 🚀
#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🙌