#US DOLLAR ANALYSIS
The US dollar is currently exhibiting movement within a symmetrical triangle pattern. It has encountered resistance at the trendline of the triangle, while the MA 100 and the Ichimoku cloud are serving as additional resistance levels.
Further movement within the triangle is anticipated until a decisive breakout or breakdown occurs. It's worth noting that its behavior typically shows an inverse correlation with the crypto market.
#BTC/USDT ANALYSIS
BTC is currently forming a descending triangle on the 4-hour timeframe. It has been rejected from the trendline resistance and is trading inside the Ichimoku cloud, indicating short-term indecision. We need to wait for a clear breakout or breakdown of the triangle to confirm the next direction.
Buying #DEGO/BTC 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
#OLAD/USDT
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#GRT/USDT ANALYSIS
GRT has broken out of the ascending triangle pattern with decent volume. The MACD crossover indicates bullish momentum. A continuation of the bullish move is expected for as long as it trades above the ascending triangle.
ALTS MARKET CAP ANALYSIS
The ALTS market cap has sustained its bullish momentum following the breakout from the ascending triangle pattern. Presently, it appears to be consolidating, gathering strength for a potential continuation of the uptrend.
In the event of a retracement, a plausible scenario involves a retest of the upper boundary of the ascending triangle pattern before potentially resuming its upward trajectory.
Buying #MDX/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
#BTC/USDT ANALYSIS
BTC is currently trading within a range, positioned above the horizontal support. A bounce from this level and a decisive breakout of the horizontal resistance would confirm bullish momentum. Conversely, a sustained breakdown of the horizontal support would signal a market correction.
#AMP/USDT ANALYSIS
AMP broke out of the descending trendline with high volume. It also broke out above the 200-day moving average (MA). The MACD crossover indicates bullish momentum. A continuation of the bullish move is expected after a solid candle close or a successful retest of the trendline.
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Buying #FIDA/BTC 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 🚀
Entry : Current price
Targets: 730 - 850 - 970 - 1200 satoshi
Stoploss: 573 satoshi
#S&P 500 ANALYSIS
The S&P 500 has continued its bullish momentum following the channel and horizontal resistance breakout. With increasing bullish volume and consecutive bullish candle closes, the index is displaying strong momentum.
This suggests a likelihood of further bullish movement. Additionally, this trend bodes well for the crypto market, as it typically exhibits a direct correlation with stock market performance.
#IDEX/USDT ANALYSIS
IDEX has broken out from the descending triangle on the weekly timeframe. Currently, it is encountering resistance from the Ichimoku cloud. The 100-day moving average is providing support. A decisive breakout above the Ichimoku cloud or a successful retest above the triangle would confirm bullish momentum.
#TOTAL MARKET CAP ANALYSIS
The total market cap is showing strength with consistent bullish solid weekly candle closes. The MACD crossover indicates bullish momentum. Now, all eyes are on the weekly candle close.
A strong candle close would signify the continuation of the upward movement to reach the marked high. In the event of a retracement, a retest of the horizontal support could be a possible scenario.
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Buying #DEGO/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
OLAND token price condition looks good. As an NFT-based game, Oceanland continues to develop with its new version and new mini games to be added to the platform. Users can play games with OLAND tokens on the Play-to-earn concept platform. Additionally, those who hold OLAND tokens can trade on NFT Marketplace and their own DeFi (swap, stake, farm) environments. Investors can trade the OLAND token on Huobi (HTX) and Gate exchanges. The team is preparing to release its first mini game in March 2024. They will also announce the test version for Oceanland version 2 very soon.
HTX-> https://www.htx.com/en-us/trade/oland_usdt?type=spot
Gate -> https://www.gate.io/trade/OLAND_USDT
#BTC/USDT ANALYSIS
BTC bounced from the horizontal support and continued its consolidation. Currently, it is facing the trendline resistance. We need to keep an eye on a solid breakout or breakdown of the horizontal resistance and support for confirmation of direction. Until then, we can expect further movement within the marked range.
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Buying #MDX/BTC 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
#BTC DOMINANCE ANALYSIS
BTC.D is currently forming an ascending triangle pattern. It is presently trading above the Ichimoku cloud. We need to monitor closely for a clear breakout or breakdown of BTC.D to confirm its direction.
If BTC.D drops while BTC pumps or moves sideways, that could indicate a bullish sign for the crypto market.
Buying #FIDA/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 🚀
Entry: Current price
Targets: $0.365 - 0.4351 - 0.5186 - 0.6322
Stoploss: $0.2885
#BTC/USDT ANALYSIS
BTC is moving in an ascending channel on a 3D timeframe. It is attempting to do a breakout. Bearish divergence is also there. The Ichimoku cloud is showing a bullish trend. A solid breakout of the channel would be a strong bullish confirmation, while a rejection would be a sign of correction in the market.
U.S. Bitcoin spot ETFs saw -$35.6m net outflows, first outflow day since 25th Jan 2024
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