#USDT DOMINANCE ANALYSIS
USDT.D has declined following the breakdown and subsequent successful retest of the symmetrical triangle. The MACD crossover indicates bearish momentum. The 200-day moving average (MA) and the Ichimoku cloud suggest a bearish trend.
A continuation of the downward movement is anticipated, which could serve as a bullish signal for the crypto market, given its inverse relationship with USDT.D.
#BTC/USDT ANALYSIS
BTC has broken out of the ascending triangle. The Ichimoku cloud indicates a bullish trend, while the MACD crossover is gaining bullish momentum. A candle close or a successful retest above the triangle would confirm the continuation of the bullish move.
#US DOLLAR ANALYSIS
The US dollar has perfectly rejected from the trendline resistance of the symmetrical triangle. MACD crossover is about to turn bearish.
A solid breakdown of the triangle would confirm the bearish trend in the dollar. It's important to note that it moves inversely to the crypto market.
#XRP/USDT ANALYSIS
XRP has broken out of the symmetrical triangle and is currently retesting above it. The MACD crossover indicates bullish momentum. It is on the verge of breaking out of the Ichimoku cloud. A successful retest above the symmetrical triangle would confirm the bullish trend.
#BTC/USDT ANALYSIS
BTC broke out above the all-time high but couldn't close a candle above it. Currently, it is moving within an ascending triangle. The Ichimoku cloud indicates a bullish trend. A solid breakout of the triangle would confirm bullish momentum, while a rejection would suggest further movement within the triangle.
#BTC/USDT ANALYSIS
BTC is currently trading below the horizontal resistance within an ascending triangle. A strong bullish confirmation would entail a solid breakout of the horizontal resistance, whereas a rejection would signal a retest of the trendline support.
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BTC/USDT ANALYSIS
BTC has shown a strong bullish candle close above the ascending triangle. The Ichimoku cloud indicates a bullish trend, further supported by the golden crossover. Additionally, the MACD crossover signals bullish momentum. As long as it continues trading above the triangle, a continuation of the bullish move is expected.
#SAND/USDT ANALYSIS
SAND has broken out of the descending trendline and is currently encountering horizontal resistance. Additionally, it has breached the Ichimoku cloud, and the MACD crossover indicates bullish momentum. A definitive breakout above the horizontal resistance would further confirm the bullish trend.
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Читать полностью…#TOTAL MARKET CAP ANALYSIS
The total market cap has continued its upward momentum following the breakout of the ascending triangle, surpassing previous highs. Its next target is the all-time high zone.
The occurrence of the golden crossover and the bullish momentum indicated by the MACD crossover suggest a continuation of the bullish trend. If there is a retracement, it is likely to test the horizontal support level.
#EOS/USDT ANALYSIS
EOS pumped following the breakout of the descending channel. The Ichimoku cloud indicates a bullish trend, while the MACD crossover is gaining momentum in a bullish direction. Presently, it is encountering horizontal resistance. A decisive breakout above this level would serve as further confirmation of bullish sentiment.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has reclaimed the S/R level with decent volume. The Ichimoku cloud indicates a bullish trend, while the MACD crossover suggests bullish momentum.
The next target is the marked horizontal trendline. A continuation of the bullish move is expected from here or after a successful retest of the S/R level.
#UFT on verge of breakout on higher timeframe
Things will heat up after breakout so don’t miss this golden opportunity to join the ride🚀