#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.
#BTC DOMINANCE ANALYSIS
BTC.D is moving in an ascending triangle. Currently, it is being rejected from the horizontal resistance. The RSI is in the overbought region and displaying bearish divergence.
A rejection from here could be a possible scenario, which would be a bullish sign for altcoins.
#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.
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