#DOGE/USDT ANALYSIS
DOGE is moving in a descending triangle. It is on the verge of a breakout, where the MA 100 and the Ichimoku cloud are acting as resistance. A solid breakout of the triangle would confirm bullish momentum, while a rejection would indicate further consolidation within the triangle.
#BTC/USDT ANALYSIS
BTC has broken out of the descending channel and is currently retesting above it. The MA 50 is acting as support. The Ichimoku cloud is serving as resistance. A successful retest or a break above the Ichimoku cloud would confirm bullish momentum. If the price enters the channel, further movement within the channel is also expected.
#SHIB/USDT buy setup
SHIB breakout the triangle after a bullish rally. An upward move is expected from here.
#BONK/USDT buy setup
BONK breakout the triangle with a decenet volume and a continuation of the bullish move is expected.
#BTC/USDT ANALYSIS
BTC has pumped from the support trendline of the descending channel and is currently encountering resistance at the trendline, coinciding with the MA 50 acting as a barrier.
The MACD crossover indicates bullish momentum. A decisive breakout above the channel would confirm bullish move, whereas a rejection could signal continued movement within the channel.
#ENA/USDT ANALYSIS
ENA has broken out of the falling wedge pattern. The MACD crossover indicates bullish momentum. An upward move is expected as long as it continues to trade above the wedge.
#PEPE/USDT ANALYSIS
PEPE has broken out of the bull flag with a successful retest above it. The Ichimoku cloud indicates a bullish trend, while the 50-day moving average (MA) is acting as support. As long as it continues trading above the flag, we can anticipate the bullish move to persist.
#US DOLLAR ANALYSIS
The US dollar pumped following the breakout of the symmetrical triangle. Currently, it is facing rejection from the horizontal resistance. The RSI is in the overbought region.
A rejection could be a likely scenario, while a solid breakout of the horizontal resistance would provide further bullish confirmation. It's important to note that it typically moves inversely to the crypto market.
#KEY has broken out and confirmed its strength with a successful retest. Brace yourself for the pump ahead 🚀
Читать полностью…Buying #KEY on Binance
Retesting S/R support with cluster of trendline and horizontal support🚀✌️
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#BTC/USDT ANALYSIS
BTC has experienced a decline following the breakdown of the descending triangle. Additionally, it has breached the MA 200 and is currently retesting below it. A successful retest would signal the continuation of the downward movement toward the marked order block. Conversely, if it breaks out above the MA 200, that would indicate a potential reversal in the market.
BREAKING: 🇺🇸 Federal Reserve pauses interest rate hikes, remains at 5.25% - 5.50%.
Читать полностью…#ATOM/USDT ANALYSIS
ATOM is forming a descending triangle pattern, with an attempted breakout underway. The Ichimoku cloud is serving as a resistance barrier. A decisive breakout from the triangle would confirm a bullish trend, whereas a rejection would indicate a potential continuation of movement within the triangle pattern.
#BTC/USDT ANALYSIS
BTC, after experiencing a sharp correction, is presently maintaining its position above the trendline of the falling wedge. The RSI indicates oversold conditions. Bullish candle closures and a breakout from the falling wedge would confirm a bullish trend, while a sustained breakdown of the wedge would confirm bearish momentum.
#TOTAL MARKET CAP ANALYSIS
The total market cap is moving in a falling wedge. It faced rejection from the Ichimoku cloud and is currently hovering above horizontal support, near the trendline support of the wedge. RSI is in the oversold region.
A reversal could be expected for however long it is trading inside the wedge, while a sustained breakdown of the wedge would be a further bearish sign.
#MATIC/USDT buy setup
MATIC breakout the triangle and with candle closes above it. Now it looks ready for the upward direction.
#S&P 500 ANALYSIS
The S&P 500 is gaining momentum again after testing the MA 21 support. The Ichimoku cloud indicates a bullish trend, suggesting a continuation of the upward movement from here.
In the event of a retracement, it is likely to retest the horizontal support of the triangle. It's important to note that it tends to correlate with the movements of the crypto market.
#COTI/USDT buy setup
COTI breakout the triangle and showing momentum. Now it is on the bullish ride.
NEW: Short-term #Bitcoin holders are holding on tight despite price drops, with only 26K #BTC sold at a loss on May 1st, which is even lower than the previous day.
Читать полностью…#USDT DOMINANCE ANALYSIS
USDT.D is currently forming a rising wedge pattern and appears to be approaching the support trendline. The MACD crossover is poised to turn bearish.
A sustained breakdown of the rising wedge would confirm a bearish trend, whereas a bounce from current levels would indicate further consolidation within the wedge pattern. It's important to note that USDT.D tends to move inversely to the crypto market.
Bitcoin whales accumulated 47K $BTC in the past 24 hours. We're entering a new era.
Читать полностью…#BTC/USDT ANALYSIS
BTC is moving in a descending channel on a 4-hour timeframe. It bounced from the trendline support and is now facing the previous low resistance. A breakout of this resistance would confirm an upward move toward the trendline resistance of the channel, while a rejection from the horizontal resistance would be a sign of another downward move.
Buying #W here✍️
W has broken the strong consolidation phase and also retested it successfully. Currently, it looks ready for an amazing pump🚀
Buying #KEY/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
#RNDR/USDT ANALYSIS
RNDR appears to be forming a descending triangle pattern. It is on the verge of a breakout, with the MACD crossover indicating a potential shift toward bullish sentiment.
A solid breakout of the triangle would confirm the bullish trend. Conversely, if there is a rejection and a sustained breakdown of the triangle, a downward movement can be anticipated.
#ALTS MARKET CAP ANALYSIS
The alts market cap breaks down the descending triangle pattern and retesting below it. The Ichimoku cloud is indicating a bearish trend. A successful retest below the descending triangle would provide further confirmation of the bearish sentiment in alts.
RSI is in the oversold region and If the price reclaims the triangle, then this breakdown would be considered a false downward movement, and we can anticipate a reversal in alts.
JUST IN: Tether's latest attestation for Q1 2024 shows they hold $5.37 billion in #Bitcoin as reserves 👀
Читать полностью…Assessing the Realized Losses across the Bitcoin Short-Term Holder constituent cohorts [1d-1w, 1w-1m, 1m-3m and 3m-6m], we note a large spike in losses around market correction events.
This highlights the capitulation of recent investors who have bought the local top, and subsequently sold at the bottom.