The Crypto Express

22 Feb 2024 14:20

#OP/USDT ANALYSIS

The OP is moving in an ascending triangle, currently rejecting its horizontal resistance. The Ichimoku cloud and the MA 50 are indicating a bullish trend. A solid breakout of the triangle would confirm the bullish sentiment.

The Crypto Express

21 Feb 2024 19:01

#USDT DOMINANCE ANALYSIS

USDT.D has continued its bearish trajectory following the breakdown and retest of the symmetrical triangle. Presently, it is breaching the MA 200 and trading above the horizontal support.

A sustained breakdown of this horizontal support would further confirm the bearish trend. It's important to note its inverse correlation with the crypto market.

The Crypto Express

21 Feb 2024 13:21

#ALT/USDT ANALYSIS

ALT has broken out of the ascending triangle pattern with increasing volume. This indicates momentum, suggesting a continuation of the bullish move is expected from this point onward or following a successful retest of the triangle.

The Crypto Express

20 Feb 2024 19:18

#US DOLLAR ANALYSIS

The US dollar is currently exhibiting movement within a symmetrical triangle on a 3D timeframe. Presently, it appears to be encountering resistance at the trendline.

The price action is confined within the Ichimoku cloud, indicating a degree of uncertainty. A rejection from the trendline resistance is a potential scenario to consider, especially noting its historical inverse correlation with the crypto market.

The Crypto Express

20 Feb 2024 06:36

#BTC/USDT ANALYSIS

BTC is currently forming a descending triangle following a strong bullish rally. The Ichimoku cloud indicates a bullish trend. We need to await a solid breakout or breakdown of the triangle to confirm the short-term direction.

The Crypto Express

19 Feb 2024 13:54

#MATIC/USDT ANALYSIS

MATIC has broken out of the symmetrical triangle pattern as evidenced by the weekly candle close. The 100-day moving average (MA) indicates a bullish trend. Additionally, it is poised to breach the Ichimoku cloud, signaling potential confirmation of a bullish rally.

The Crypto Express

19 Feb 2024 05:52

#BTC/USDT ANALYSIS

BTC has achieved another strong weekly candle close above the horizontal resistance. The cluster of moving averages indicates a bullish trend. The MACD crossover signals bullish momentum. A continuation of the bullish move is expected from here or after a successful retest of the horizontal support.

The Crypto Express

18 Feb 2024 14:30

#ORN/USDT ANALYSIS

ORN broke out of the horizontal resistance with significant volume. The Ichimoku cloud indicates a bullish trend, while the MACD crossover suggests bullish momentum. Confirmation of further bullish movement would come with a strong candle close or a successful retest above the horizontal support.

The Crypto Express

17 Feb 2024 19:15

#ALTS MARKET CAP ANALYSIS

After the breakout of the ascending triangle pattern, the ALTS market cap experienced a significant increase. This pattern suggests a period of consolidation followed by a potential bullish continuation. Additionally, the Ichimoku cloud is indicating a bullish trend for ALTS.

However, it's important to note that the RSI is currently indicating overbought conditions in the ALTS market. A successful retest above the triangle would be a strong bullish confirmation in Alts.

The Crypto Express

17 Feb 2024 05:35

#BTC/USDT ANALYSIS

BTC is forming a bullish pennant chart pattern on a 1-hour timeframe, while the Ichimoku cloud indicates a bullish trend. We need to wait for a solid breakout of the pennant to confirm the bullish momentum.

The Crypto Express

16 Feb 2024 13:38

With #Bitcoin    breaking through the $52K region, the Short-Term Holder cohort responded by locking in a Net Realized Profit / Loss of +$647M, the largest since the 2021 ATH formation.

The Crypto Express

16 Feb 2024 05:26

#BTC/USDT ANALYSIS

BTC is appearing strong following the successful breakout of the triangle, accompanied by a bullish candle close. We can anticipate a continuation of the bullish momentum. In the event of a retracement, it is likely to retest the horizontal support level.

The Crypto Express

15 Feb 2024 17:13

The chart below presents a breakdown of the Bitcoin supply by the cost basis at which it was acquired.

We can see that the vast majority of coins (87%) were acquired below $48k, with a very large cluster of Short-Term Holder supply located between $40k and $45k.

However, Long-Term Holders dominate the 13% of supply held in loss, reflecting 'top buyers' from the 2021 rounded top and ATH.

The Crypto Express

15 Feb 2024 12:40

#INJ looking ready for next legup🚀

The Crypto Express

14 Feb 2024 19:21

#US DOLLAR ANALYSIS

The US dollar is currently moving within a symmetrical triangle pattern. Presently, it is encountering trendline resistance and trading within the Ichimoku cloud, indicating indecision .

A rejection is a potential scenario, while a solid breakout would confirm bullish momentum. It's worth noting that the US dollar typically exhibits an inverse relationship with the crypto market.

The Crypto Express

22 Feb 2024 05:02

#BTC/USDT ANALYSIS

BTC is trading above the horizontal support. The cluster of MAs is showing a bullish trend. MACD crossover is gaining bullish momentum. The weekly candle closing is important to monitor. A continuation of the bullish move is expected from here or after the successful retest of the horizontal support.

The Crypto Express

21 Feb 2024 14:32

NEW: #Bitcoin ETFs saw new inflows of 💵 $136M (~2,600 #BTC) on Feb 20, led by BlackRock $IBIT's $154M (total $5.5B).

This is offset by a 💵 $137M outflow from $GBTC (total -$7.1B).

Overall, #Bitcoin ETFs have attracted over 💵 $5B since launch 👀

The Crypto Express

21 Feb 2024 05:17

#BTC/USDT ANALYSIS

BTC is currently in the accumulation phase and facing ascending trendline resistance. A solid breakout of the trendline would provide further bullish confirmation. In the event of rejection, a retest of the horizontal support could be a possible scenario.

The Crypto Express

20 Feb 2024 12:33

#FIL/USDT ANALYSIS

FIL is currently forming an ascending triangle pattern, indicating a potential breakout. The Ichimoku cloud suggests a bullish trend, while the MACD crossover has turned bullish as well. A decisive breakout from the triangle would serve as a bullish confirmation.

The Crypto Express

19 Feb 2024 19:33

#TOTAL MARKET CAP ANALYSIS

The total market cap continued its bullish momentum with decent volume following the breakout of the horizontal support.

The continuation of this bullish trend is anticipated until encountering the next marked horizontal resistance. In the event of a retracement, it is likely to retest the horizontal support.

The Crypto Express

19 Feb 2024 10:50

#INJ/USDT

Hit 49.99 | +14% So Far🚀✌️

The Crypto Express

18 Feb 2024 19:19

#BTC DOMINANCE ANALYSIS

BTC.D is being rejected from the horizontal resistance. The MACD crossover is poised to turn bearish, indicating an impending downward move.

Considering BTC's consolidation phase and BTC.D's decline, this could signal a strong bullish trend for altcoins.

The Crypto Express

18 Feb 2024 05:41

#BTC/USDT ANALYSIS

BTC is appearing strong following the breakout of the major horizontal resistance, which will now serve as support. Monitoring the weekly candle close is crucial, and a solid candle close would further indicate bullish momentum. In the event of a correction, it is likely to retest the horizontal support.

The Crypto Express

17 Feb 2024 13:14

#WLD/USDT ANALYSIS

WLD has broken out of the ascending triangle pattern. The Ichimoku cloud indicates a bullish trend, suggesting that a continuation of the bullish momentum is expected as long as the price remains above the triangle. However, should the price re-enter the triangle, it will likely continue its movement within the confines of the triangle pattern.

The Crypto Express

16 Feb 2024 19:32

#S&P 500 Analysis

The S&P 500 is showing great momentum after breaking out of the rising wedge and the horizontal resistance, which will now act as support. We can expect the continuation of the bullish move.

In case of a correction, a retest of the horizontal support is also expected. We have to note that the crypto market mostly works directly in proportion to the S&P 500.

The Crypto Express

16 Feb 2024 13:06

#VET/USDT ANALYSIS

VET has broken out of the falling wedge pattern with decent volume. The Ichimoku cloud and the 100-day moving average indicate a bullish trend. A continuation of the bullish move is expected either from this point onward or following a successful retest of the horizontal support.

The Crypto Express

15 Feb 2024 19:58

#USDT DOMINANCE ANALYSIS

USDT.D has broken down and successfully retested the triangle pattern. Presently, it is breaking below the MA 200.

A candle close below the MA 200 would signal bearishness for USDT.D and bullishness for the crypto market, as they exhibit an inversely proportional relationship.

The Crypto Express

15 Feb 2024 13:02

#MANTA/USDT ANALYSIS

MANTA has broken out of the symmetrical triangle pattern with a significant increase in volume. Both the Ichimoku cloud and the 100-day moving average are indicating a bullish trend. A continuation of the bullish momentum is anticipated either from this point onward or following a successful retest.

The Crypto Express

15 Feb 2024 06:32

#BTC/USDT ANALYSIS

BTC appears to be gaining strength following the breakout of the triangle pattern. There are indications of a bullish continuation in its movement. If a correction occurs, it is likely to retest the triangle pattern.

The Crypto Express

14 Feb 2024 17:14

Genesis cleared by court to sell GBTC shares worth $1.3 billion