The Crypto Express

11 May 2024 13:48

#FTM/USDT ANALYSIS

FTM is currently moving within a symmetrical triangle pattern. It is showing signs of rejection from the trendline and encountering resistance from the MA 200. Meanwhile, the Ichimoku cloud is serving as a support level. We need to patiently await a clear breakout or breakdown of the triangle to confirm its next direction.

The Crypto Express

11 May 2024 06:42

#BTC/USDT ANALYSIS

BTC was rejected from the trendline of the descending triangle and is currently holding above the horizontal support. A bounce could be expected from here, while a sustained breakdown of the horizontal support would be a bearish sign.

The Crypto Express

10 May 2024 13:35

#DOT/USDT ANALYSIS

DOT has broken out of the falling wedge pattern and is now retesting above it. The Ichimoku cloud indicates a bullish trend. Presently, it is encountering resistance at the 100-day moving average (MA). A successful retest or breakout above the MA 100 would confirm the bullish trend.

The Crypto Express

10 May 2024 09:37

#BTC/USDT ANALYSIS

BTC has bounced from the horizontal support with decent volume and broken out of the Ichimoku cloud. It is now moving toward the trendline, and a solid breakout of the trendline would confirm bullish momentum. Conversely, a rejection and sustained breakdown of the horizontal support would confirm bearish sentiment.

The Crypto Express

09 May 2024 17:37

Introducing Notcoin (NOT) on Binance Launchpool! Farm NOT by Staking BNB and FDUSD
https://www.binance.com/en/support/announcement/b78921ecf7c94e50973850fc47f497b9

The Crypto Express

09 May 2024 13:20

#UMA/USDT ANALYSIS

UMA has rebounded from the horizontal support with high volume and is currently encountering both the Ichimoku cloud and the trendline resistance. A solid breakout of the trendline would signal a bullish continuation, whereas rejection would indicate a potential retest of the MA 200.

The Crypto Express

08 May 2024 20:48

BREAKING: Biden Admin would veto proposed legislation that would allow highly regulated financial firms to custody #Bitcoin    😮

The Crypto Express

08 May 2024 20:23

#US DOLLAR ANALYSIS

The US dollar has been rejected from horizontal resistance. Currently, it is trading above the symmetrical triangle, where the MA 100 and the Ichimoku cloud are also acting as support.

A bounce could be expected from here, and a solid breakout of the horizontal resistance would confirm bullish momentum. A price breakdown of the Ichimoku cloud would indicate a bearish trend. It's noteworthy that the dollar often moves inversely to the crypto market.

The Crypto Express

08 May 2024 12:23

#RSR/USDT buy setup

RSR breakout the symmetrical triangle. MA 50 is showing a bullish trend. An upward move is expected in it.

The Crypto Express

07 May 2024 20:12

#TOTAL MARKET CAP ANALYSIS

The total market cap has broken out of the falling wedge and is retesting above it. The Ichimoku cloud is acting as resistance.

A successful retest or a solid break above the Ichimokuy cloud would be the bullish confirmation. If the price retraces inside the falling wedge, we might expect further movement within the wedge.

The Crypto Express

07 May 2024 11:15

#AGIX/USDT buy setup

AGIX breakout the triangle with a successful retest. The Ichimoku cloud is showing a bullish trend. It also breakout the MA 100 and an upward direction is expected.

The Crypto Express

06 May 2024 20:23

#ALTS MARKET CAP ANALYSIS

The altcoin market cap pumped following a fake breakdown of the descending triangle and after reclaiming it. Currently, it has rallied subsequent to the breakout from the descending triangle and is now trading around the Ichimoku cloud.

A successful retest of the triangle or consecutive candle closes above the Ichimoku cloud would confirm the bullish trend. If the price retreats back inside the triangle, the breakout would be deemed a fake out, potentially leading to further movement within the triangle pattern.

The Crypto Express

06 May 2024 14:21

#SOL/USDT ANALYSIS

SOL has broken out of the descending channel, successfully retesting above it. The 200-day moving average indicates a bullish trend. Currently, the price is within the Ichimoku cloud, signaling indecision. A break above the Ichimoku cloud would confirm further bullish sentiment, while a rejection would suggest another retest of the channel.

The Crypto Express

06 May 2024 12:13

#ID/USDT buy setup

ID breakout the symmetrical triangle with a successful retest. The Ichimoku cloud is showing a bullish trend. Now it will continue its bullish direction.

The Crypto Express

05 May 2024 22:30

EDUCATIONAL POST

Exploring Uniswap and PancakeSwap: A Beginner's Guide

 

The Crypto Express

11 May 2024 10:04

Amidst the hype and market rally surrounding approval of the spot #Bitcoin ETFs, the unrealized profit of Bitcoin holders expanded considerably faster than that of #Ethereum investors.

As a result, the Bitcoin NUPL metric crossed 0.5 and entered the euphoria phase three months before the equivalent metric for Ethereum.

The Crypto Express

10 May 2024 19:35

#S&P 500 ANALYSIS

The S&P 500 pumped after retesting the MA 21, and currently, it is encountering resistance at previous highs. The MACD crossover indicates bullish momentum.

A definitive breakout above the previous high would confirm bullish sentiment, while rejection would signal a correction. It's worth noting that its performance typically correlates with the crypto market.

The Crypto Express

10 May 2024 12:45

Binance and KuCoin have registered with India’s Financial Intelligence Unit. KuCoin paid a $41,000 fine and has resumed operations. Binance’s financial penalties are still to be determined after a hearing and it is expected to resume operations after paying the fine.

The Crypto Express

09 May 2024 20:25

#USDT DOMINANCE ANALYSIS

USDT.D went down after the breakdown of the rising wedge, and it is now approaching a retest of the same pattern.

A successful retest would confirm a downward movement, while a failed retest would indicate an upward trend. It's important to note that this pattern typically operates inversely to the crypto market.

The Crypto Express

09 May 2024 15:26

Measured from the $73k ATH, Bitcoin prices corrected by -20.3%, which is the deepest correction on a closing basis since the FTX lows in Nov-2022.

That said, this macro uptrend still appears to be one of the more resilient in history, with comparatively shallow corrections thus far.

The Crypto Express

09 May 2024 06:49

#BTC/USDT ANALYSIS

BTC was rejected from the MA 100 and the Ichimoku cloud. The price has come inside the triangle and is holding above the horizontal support. A sustained breakdown of the triangle would confirm bearish sentiment, while a solid breakout of the Ichimoku cloud would signal bullish momentum.

The Crypto Express

08 May 2024 20:39

SEC argues $2 billion penalty against Ripple is needed, slams $10 million counterproposal

The Crypto Express

08 May 2024 13:07

#TRX/USDT ANALYSIS

TRX has formed an inverse head and shoulders pattern. Currently, it is trading below its neckline resistance, where the MA 200 is also acting as resistance. The Ichimoku cloud indicates a bullish trend. A solid breakout above the horizontal resistance would confirm the bullish direction, while a rejection would signal a correction.

The Crypto Express

08 May 2024 07:07

#BTC/USDT ANALYSIS

BTC has been rejected from the Ichimoku cloud and is now retesting above the descending triangle. The MA 200 is indicating a bullish trend. A successful retest or breakout of the Ichimoku cloud would confirm bullish sentiment, while a sustained breakdown below the MA 200 would signal a market correction.

The Crypto Express

07 May 2024 14:22

#ETH/USDT ANALYSIS

ETH is moving in a descending triangle. It was rejected from the MA 100 and the Ichimoku cloud resistance. Further movement within the triangle is expected until a solid breakout or breakdown occurs.

The Crypto Express

07 May 2024 08:28

#BTC/USDT ANALYSIS

BTC has broken out of the descending triangle and is currently retesting above it. A successful retest would confirm bullish momentum, while a failed retest would indicate a potential correction in the market.

The Crypto Express

06 May 2024 14:48

JUST IN: 🇺🇸 SEC to file lawsuit against Robinhood's crypto business, issuing a Wells Notice to the company

The Crypto Express

06 May 2024 12:40

#APE/USDT buy setup

APE is breaking out of the descending triangle with a decent volume and showing momentum. It looks ready for the upward move.

The Crypto Express

06 May 2024 06:51

#BTC/USDT ANALYSIS

BTC broke out of the descending triangle after undergoing a deviation below it. Currently, it is retesting above the triangle and encountering resistance from the Ichimoku cloud. A solid break above the Ichimoku cloud would confirm bullish momentum. Conversely, a failed retest would indicate further movement within the triangle.

The Crypto Express

05 May 2024 20:29

#BTC DOMINANCE ANALYSIS

BTC.D is currently forming a rising wedge pattern on the weekly timeframe. It appears to be bouncing from its support trendline. The RSI is in the overbought region.

A sustained breakdown of the rising wedge would confirm bearish sentiment. If BTC.D moves downward while BTC moves sideways or remains bullish, that would be a bullish sign for altcoins.