#TOTAL MARKET CAP ANALYSIS
The total market cap has broken out of the horizontal resistance with decent volume, which will now act as support.
The MACD crossover indicates bullish momentum. A continuation of the bullish move is expected from here or after a successful retest of the horizontal support.
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Читать полностью…#BTC/USDT ANALYSIS
BTC has broken out of the symmetrical triangle pattern with a strong candle close on the weekly timeframe. The MACD crossover indicates bullish momentum, while the RSI is in the overbought region. A retest of the triangle could be a possible scenario before the commencement of another bullish rally.
#BTC DOMINANCE ANALYSIS
BTC.D is moving in a descending triangle on the daily timeframe. Currently, it is near the trendline resistance. The RSI is in the overbought region and forming a bearish divergence.
A rejection could be a possible scenario from the trendline. A drop in BTC.D while BTC moves sideways or shows a bullish sign would be a strong bullish sign for Alts.
#SUPER/USDT ANALYSIS
SUPER break out the ascending triangle with a high volume. The Ichimoku cloud indicates a bullish trend, while the MACD crossover signals bullish momentum. A continuation of this bullish move is anticipated, and a potential retest presents a promising opportunity.
#S&P 500 ANALYSIS
The S&P 500 has continued its bullish momentum following the breakout of both the rising wedge and the horizontal resistance, with the latter now serving as a horizontal support.
The Ichimoku cloud indicates a bullish trend, while the MACD crossover signals bullish momentum. A further bullish move is anticipated as long as it maintains trading above the horizontal support level.
#BTC/USDT ANALYSIS
BTC breaks out the symmetrical triangle with a good volume on the weekly timeframe. MACD crossover has turned bullish. A weekly candle close above the triangle or a successful retest would be the confirmation of the continuation of the bullish move.
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#BTC/USDT ANALYSIS
BTC has completed the cup and handle pattern on a 3D timeframe. MA 21 is acting as support. MACD crossover is about to turn bullish. A solid breakout of the horizontal resistance would be a strong bullish confirmation, while a rejection from here might result in some correction.
#ADA/USDT ANALYSIS
ADA is currently exhibiting a bullish flag chart pattern on the daily timeframe, indicating a potential breakout. The 100-day moving average (MA) is providing support, while both the MA 50 and the Ichimoku cloud are serving as resistance levels. Additionally, the MACD crossover suggests bullish momentum. A definitive breakout above the flag pattern would confirm the bullish trend.
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The United States announced that the unseasonally adjusted CPI annual rate in January was 3.1%, which was expected to be 2.90% and the previous value was 3.40%.
Analysts pointed out that inflation appears to be stronger, and a rate cut in March can now be more firmly ruled out. A rate cut in May is even in doubt. The Fed clearly has no urgent need to cut interest rates as soon as possible. The focus on the risk of persistent inflation remains paramount.
#BTC/USDT ANALYSIS
BTC continued its bullish move after breaking out of the triangle, accompanied by increasing volume. The RSI is in the overbought region. With the volume remaining strong, we may witness a continuation of the bullish trend, or a retest of the triangle could be a plausible scenario.
#ALTS MARKET CAP ANALYSIS
The market cap of ALTs is forming an ascending triangle pattern and has sustained its bullish momentum after breaking out of the Ichimoku cloud.
Presently, it is encountering horizontal resistance. A decisive breakout from the ascending triangle would confirm a strong bullish rally in ALTs.
#API3/USDT ANALYSIS
API3 has broken out of the ascending triangle pattern with decent volume. The 21-day moving average (MA 21) indicates a bullish trend, while the MACD crossover suggests bullish momentum. A continuation of the bullish move is anticipated either from this point or following a successful retest of the triangle.
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———————————————————
#Bitcoin Halving: 69 Days Remaining———————————————————
Progress: 95.2%
Current Block: 829,987
Halving Block: 840,000
Blocks Remaining: 10,013
Estimated Date: April, 20, 2024
#BTC/USDT ANALYSIS
BTC is attempting to break out of the horizontal resistance, and there is also a ton of liquidity above the marked high. The MACD crossover is showing bullish momentum.
A solid candle close or a retest above the horizontal resistance would be the confirmation of a bullish continuation, and if the price rejects the horizontal resistance, a correction is also expected.
#LUNC/USDT ANALYSIS
After a strong bullish rally, LUNC broke out of the falling wedge pattern. The 100-day moving average (MA) is acting as support at the retest level. A successful retest above the falling wedge would confirm the continuation of the bullish move.
#USDT DOMINANCE ANALYSIS
USDT.D has broken down from the symmetrical triangle pattern, successfully retesting below it on the weekly timeframe. The Ichimoku cloud indicates a bearish trend, while the MA 200 is serving as support.
A sustained breakdown below the MA 200 would confirm the continuation of the bearish trend. It's essential to note that it behaves inversely to the crypto market.
#RUNE/USDT ANALYSIS
RUNE has broken out of the falling wedge pattern following a solid consolidation period. The MA 200 and the Ichimoku cloud are indicating strong support. Moreover, the MACD crossover suggests bullish momentum. A continuation of the bullish trend is anticipated as long as it maintains trading above the MA 200.
#US DOLLAR ANALYSIS
The US dollar is currently exhibiting movement within a symmetrical triangle pattern. Presently, it is encountering resistance from both the trendline and the Ichimoku cloud. The 200-day moving average indicates a bullish trend.
Confirmation of its next directional move will depend on a decisive breakout or breakdown of the triangle pattern. It's worth noting that its movements often exhibit an inverse correlation with the crypto market.
#BTC/USDT ANALYSIS
BTC has broken out of the ascending triangle, with the MACD crossover indicating bullish momentum. The price is on the verge of breaking out of the Ichimoku cloud, which would confirm the continuation of the bullish move. In the event of a retracement, we must watch for a successful retest.
#TOTAL MARKET CAP ANALYSIS
The total market cap is forming a symmetrical triangle on the 4-hour timeframe. The 200-day moving average (MA) and the Ichimoku cloud are providing support.
A clear breakout from the triangle would confirm bullish momentum, whereas a sustained breakdown would confirm bearish sentiment.