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https://www.binance.com/en/support/announcement/3954d04933da443ab539ca38616013de
#BTC DOMINANCE ANALYSIS
BTC.D is currently moving within an ascending triangle and trending towards the horizontal resistance. The Ichimoku cloud is serving as a support level.
A potential scenario could involve rejection from the horizontal resistance, whereas a definitive breakout would confirm bullish momentum.
Conversely, a sustained breakdown of both the triangle pattern and the Ichimoku cloud would signal a bearish trend.
It's important to note that altcoins tend to pump when BTC.D decreases, while BTC typically experiences gains or moves sideways.
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Uniswap receives SEC lawsuit warning
https://www.theblock.co/post/287660/uniswap-receives-sec-lawsuit-warning
NEW: After reaching a peak of nearly 71% in November, the amount of #Bitcoin held for over one year has dropped in recent weeks to 66%.
This decline comes as some holders capitalize on profits, given that the price of #Bitcoin has more than doubled since last April.
The United States announced that the unseasonally adjusted CPI annual rate in March was 3.5%, which was expected to be 3.40% and the previous value was 3.20%.
Читать полностью…#EGLD/USDT
EGLD has broken the falling wedge chart pattern. Currently. it is testing out the wedge. A successful retest would serve as bullish confirmation.
#US DOLLAR ANALYSIS
The US dollar has been rejected from the trendline resistance of the symmetrical triangle. The MA 100 is acting as a resistance point. Additionally, the Ichimoku cloud indicates a bearish trend.
A rejection remains a possible scenario, while a solid breakout of the triangle would confirm bullish momentum. It's important to note that the dollar tends to move inversely to the crypto market.
#XRP/USDT ANALYSIS
XRP has broken out of the descending triangle pattern and has also surpassed the Ichimoku cloud. Presently, it is retesting above the cloud. A bullish move is anticipated for as long as it continues to trade above the triangle.
#BTC/USDT ANALYSIS
BTC breakout the symmetrical triangle and currently, it is coming to retest above it. The Ichimoku cloud is showing a bullish trend. A successful retest would confirm the continuation of the upward direction.
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Читать полностью…#BTC/USDT ANALYSIS
BTC is consolidating in an ascending triangle. The MA 50 and MA 100 are acting as support inside the triangle. The Ichimoku cloud is indicating a bullish trend.
The MACD crossover is in compression and could expand soon. We have to keep an eye on a solid breakout of the triangle for a strong bullish confirmation.
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#BTC/USDT ANALYSIS
BTC has once again broken out of the triangle after hunting stops below it. It bounced from the Ichimoku cloud, indicating a bullish trend. The RSI is currently in the neutral zone.
A successful retest of the triangle would confirm the bullish sentiment. As long as it continues trading above the triangle, we can anticipate the continuation of the bullish move. The only bearish scenario would be a sustained breakdown of the Ichimoku cloud.
#S&P 500 ANALYSIS
The S&P 500 is currently undergoing a correction following a strong bullish rally. It may retest the MA 21 to establish a higher low before initiating the next bullish wave. The RSI experienced a rejection from the overbought region.
A bullish candle closing on the weekly timeframe could signal further bullish movement. It's important to note that its behavior typically correlates with the crypto market.
#OAX/USDT ANALYSIS
OAX has broken out of the symmetrical triangle pattern with decent volume. Currently, it is encountering resistance from the Ichimoku cloud. The MACD crossover is turning bullish. A solid breakout above the Ichimoku cloud or a successful retest of the triangle would confirm a bullish rally.
#BTC/USDT ANALYSIS
BTC is retesting above the ascending triangle on the weekly timeframe. The Ichimoku cloud is indicating a bullish trend. A continuation of the bullish move is expected for as long as it trades above the ascending triangle.
We can employ the fundamental Realized Cap metric to track the cumulative USD liquidity ‘stored’ within the Bitcoin asset class.
Currently, the Realized Cap resides at a new ATH value of $540B, and is increasing at an unprecedented rate of over $79B/month.
#USDT DOMINANCE ANALYSIS
USDT.D is currently tracing a pattern within a symmetrical triangle. It has breached the MA 100, and the Ichimoku cloud indicates a bearish trend. Additionally, the MACD crossover signals bearish momentum.
Confirmation of a bearish trend would occur with a sustained breakdown of the triangle. Notably, a downward movement in USDT.D would serve as a bullish indicator for the crypto market, given its inverse correlation.
🚀 Bitcoin ETF buzz to persist until halving
Spot Bitcoin ETF volumes soared to $111 billion in March, almost tripling the volume for the previous month, highlighting consistent interest in the products.
#ETH/USDT ANALYSIS
ETH breakout the symmetrical triangle followed by a bullish rally. It also breakout the Ichimoku cloud. MACD crossover is gaining bullish momentum. A continuation of the bullish move is expected.