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.
Notice on the Withdrawals of Delisted Tokens & Conversion of Selected Tokens to USDC (2024-10-08)
https://www.binance.com/en/support/announcement/1657c0d30d5449908e8e20d9efa893a2
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has successfully broken out of the falling wedge pattern with strong volume and has retested the breakout, gaining upward momentum.
However, the Ichimoku Cloud is currently acting as a resistance barrier. A decisive breakout above the cloud would confirm a bullish trend for the ALTS coin market, signaling potential for further gains.
#FIDA is ready to explode! 🚀
It’s on very strong weekly support in #BTC pair
We’ve seen 20-30% jump from this range ✍🏻
Don’t sleep on it! 🔥
#DYDX/USDT BUY SETUP
DYDX is primed for a strong move, bouncing off the support trendline of the broadening wedge. A sharp upward rally is on the horizon get ready for the pump! 🚀
#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.
#LDO/USDT BUY SETUP
LDO has broken out of its descending channel with strong volume and successfully completed a retest above the channel. It now appears poised for a significant upward move, signaling a potential bullish rally ahead.🚀
#BTC/USDT ANALYSIS
Bitcoin is consolidating within an ascending triangle pattern, currently trading near the horizontal supply zone. The Ichimoku Cloud is acting as strong support, reinforcing bullish momentum.
A breakout from this pattern could signal the start of a bullish trend, but there’s also potential for a price drop from this level. Keep a close watch on these key levels for the next move.
Buying #FIDA now🚀
Accumulation is in full swing, and the pump is inevitable.
This one's set to explode🫡
#FIDA/USDT here is gearing up for the big jump from horizontal support 🚀
Buy on MEXC: https://www.mexc.com/exchange/FIDA_USDT
Buy on Binance: https://www.binance.com/en/trade/FIDA_USDT
Short term targets: 10%-30%-50%
#BTC/USDT ANALYSIS
Bitcoin is gaining bullish momentum, with the Ichimoku Cloud providing solid support as it pushes upwards. Currently, it is attempting to break through the 100MA, which has been acting as a key resistance barrier.
A successful breach of this level would be significant, particularly as Bitcoin is also approaching the upper boundary of a descending broadening wedge pattern.
A solid breakout from this pattern would offer strong confirmation of a bullish trend, potentially signaling further upward movement. Monitoring price action around these levels is crucial for confirming the next major move.