#AVAX/USDT ANALYSIS
AVAX has broken out of the symmetrical triangle pattern with a decent volume, accompanied by a bullish trend indicated by the Ichimoku cloud. The MACD crossover is gaining bullish momentum, further affirming the upward trajectory. As long as it continues to trade above the triangle, a continuation of the bullish move is anticipated.
#BTC/USDT ANALYSIS
BTC pumped with high volume after breaking out of the trendline and horizontal resistance. It has reached the all-time high resistance zone. The MACD crossover indicates bullish momentum. A solid breakout above the horizontal resistance would further confirm bullish sentiment, while a rejection would suggest some consolidation before the next major pump.
#USDT DOMINANCE ANALYSIS
USDT.D continues its bearish move after the breakdown of the symmetrical triangle. Currently, it has successfully broken down the MA 200. MACD crossover indicates bearish momentum.
A continuation of the downward move is expected, and it's important to note that it works inversely proportional to the crypto market.
#LTC/USDT ANALYSIS
LTC has broken out of the symmetrical triangle pattern with decent volume. The Ichimoku cloud indicates a bullish trend, and the MACD crossover suggests bullish momentum. A continuation of the bullish move is expected as long as it continues to trade above the triangle.
#BTC/USDT ANALYSIS
BTC has experienced a significant pump in volume following the breakout of the cup and handle pattern. Additionally, the MACD crossover indicates bullish momentum. As a result, its next target is likely to be the all-time high.
#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.
#S&P 500 ANALYSIS
The S&P 500 has continued its bullish momentum following the breakout of the trendline and horizontal resistance. It appears strong, and we anticipate the continuation of this bullish trend.
It's noteworthy that a bullish movement in the S&P 500 often signals positive prospects for the crypto market, as they frequently exhibit correlation.
#JASMY/USDT ANALYSIS
JASMY has broken out of the bullish pennant, and currently, it is retesting above it. The Ichimoku cloud is indicating a bullish trend. A successful retest would confirm the bullish sentiment, while a failed retest would likely lead to further movement within the pennant.
#BTC/USDT ANALYSIS
BTC pumped after the breakout of the ascending trendline and the horizontal resistance, with a successful retest above it. MACD crossover is indicating bullish momentum. A continuation of the bullish move is expected as long as it trades above the horizontal support.
With the #Bitcoin spot price reaching the $57,000 level, we note only 82 / 4972 (1.65%) trading days have recorded a higher daily closing price.
Читать полностью…#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.