#TOTAL MARKET CAP ANALYSIS
The Total market cap experienced a rejection from the all-time high horizontal resistance and is currently holding above the marked high support level.
Both the Ichimoku cloud and the MA21 indicate a bullish trend. A consolidation is anticipated between the marked zones until a definitive breakout or breakdown occurs.
#BTC/USDT ANALYSIS
BTC is reclaiming the horizontal support after experiencing a breakdown. It has also broken down below the MA 200. The RSI is bouncing from the oversold region. A candle close above the horizontal support and a breakout of the MA 200 would be bullish confirmation. In the event of a rejection, a correction is also expected.
#NULS/USDT ANALYSIS
NULS has formed a falling wedge after a strong upward trend. MA 100 and the Ichimoku cloud are acting as resistance. MACD crossover is showing bullish momentum. A solid breakout of the falling wedge would be the bullish confirmation, while a rejection would be a sign of further movement inside the wedge.
#S&P 500 ANALYSIS
The S&P 500 pumped following the breakout of the ascending triangle. Currently, it is undergoing some corrections to retest the triangle. The Ichimoku cloud indicates a bullish trend.
A continuation of the bullish move is a possible scenario, while a retest could present good buying opportunities.
#BTC/USDT ANALYSIS
BTC has been rejected after retesting below the Ichimoku cloud. Currently, it is breaking down the MA 200 and holding above the horizontal support. A bounce could be expected, while a sustained breakdown of the horizontal support would confirm bearish sentiment.
During the last two bull markets, the aggregate share of Bitcoin wealth aged less than 6-months old reached between 84% and 95%, indicating a saturation of newer holders.
This metric has increased dramatically since early 2023, rising from 20% on 1-Jan-2023 to 47% today. This suggests that the capital held within the Bitcoin holder base is roughly balanced between long-term holders and new demand.
#AscendEX will list $BFLOKI on 17th April, 16:00 UTC.
https://twitter.com/AscendEX_/status/1779813261057351842?t=TcL0uuYfsRSynB2boEQY_g&s=19
BitFloki is unstoppable with back-to-back listings: first #MEXC, then #XT, and now #AscendEX! 🌟 But wait, there's more – a Tier 1 listing is already in the pipeline as per official tweet! Get in while it’s still cheap to accumulate here🚀✌️
•Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
•PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
Germany’s biggest federal bank, plans to start offering cryptocurrency custody services 👈
Читать полностью…#BTC/USDT ANALYSIS
BTC bounced from the MA 200 and the horizontal support. It is trading below the Ichimoku cloud. Bulls need to break out of the Ichimoku cloud and the descending trendline for bullish confirmation, while a sustained breakdown of the MA 200 would be the bearish confirmation.
#ARB/USDT ANALYSIS
After breaking down through the Ichimoku cloud and the 100-day moving average (MA), ARB experienced a sharp correction. Presently, it is maintaining its position above the support/resistance (S/R) level.
The RSI indicates oversold conditions and is forming a hidden bullish divergence. This suggests a potential bounce, while a sustained breakdown would confirm a further bearish move.
JUST IN: $130 million liquidated from the crypto market after Iran launched an attack on Israel.👀
Читать полностью…We shared #BFLOKI on rock bottom on Technical and fundamental based and we saw price spiked 3x after our call, With more than 1 million in volume.
Now is another opportunity to buy $BFLOKI in dip. BitFloki team is working on something big as they announced back to back exchange listings. Additional supply burn event and Tier 1 listing in pipeline for $BFLOKI🚀✌️
• XT announcement
• AscendEX announcement
• Tier1 announcement
More importantly the opening price on XT exchange is set $0.00012! 🚀 This means we are getting $BFLOKI at very cheap price, With the current price at $0.00003 and the XT.com official listing price set at 0.00012, there's still a 4x-5x opportunity for early birds! 🚀
MEXC buy link: https://www.mexc.com/exchange/BFLOKI_USDT
PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
#BTC/USDT ANALYSIS
BTC has been rejected from the horizontal resistance and is currently holding above the trendline support of the ascending triangle. The 100-day moving average (MA 100) is acting as support.
A bounce from this level and a solid breakout of the triangle would confirm bullish sentiment, while a sustained breakdown of the triangle would confirm bearish sentiment.
#ALTS MARKET CAP ANALYSIS
The altcoins market cap is currently moving within a symmetrical triangle, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. The 100-day moving average (MA) is acting as support at the trendline of the triangle.
A bounce from the trendline and a solid breakout of the triangle would confirm bullish momentum in altcoins, while a sustained breakdown of the triangle would confirm bearish sentiment.
Hong Kong may approve Spot ETF that invest directly in Bitcoin and Ethereum as early as Monday (April 15), according to Bloomberg. Unlike in the United States, Hong Kong’s cryptocurrency ETFs can support physical redemptions.
Читать полностью…#NEAR/USDT ANALYSIS
NEAR is moving in an ascending triangle on the 1-hour timeframe. Currently, it is encountering horizontal resistance, where the MA 200 is also acting as a resistance. The MACD crossover indicates bullish momentum. We need to wait for a solid breakout or breakdown of the triangle to confirm its next direction.
#BTC DOMINANCE ANALYSIS
BTC.D is currently tracing a rising wedge pattern on the weekly timeframe. It has faced rejection from the trendline resistance. The RSI indicates overbought conditions and is showing bearish divergence.
A downward movement from this point, leading to the breakdown of the rising wedge, would serve as bearish confirmation. A sustained breakdown of the rising wedge would reinforce the bearish sentiment.
If both BTC and BTC.D decline, it suggests capital is exiting the market. Conversely, if BTC.D declines while BTC moves sideways or upwards, it could signal bullish prospects for altcoins.
#BTC/USDT ANALYSIS
BTC bounced from the horizontal support of the descending triangle, with the RSI rebounding from the oversold region. A bullish move is expected from here, while a sustained breakdown of the triangle would confirm bearish sentiment.
#OOKI/USDT ANALYSIS
OOKI has broken out of the falling wedge pattern and is currently retesting above it. The Ichimoku cloud and the 100-day moving average (MA) are acting as support. A successful retest would confirm the upward move. If the price retraces inside the wedge, further movement within the wedge is also expected.
#USDT DOMINANCE ANALYSIS
USDT.D continued its bearish move after the breakdown of the ascending triangle. The Ichimoku cloud is showing a bearish trend. It has bounced from the horizontal support and is trading below the MA 200.
A rejection from the MA 200 could be a possible scenario, while a sustained breakdown of the horizontal support would further confirm bearish sentiment. We have to note that it operates inversely proportional to the crypto market.
#MATIC/USDT ANALYSIS
MATIC is currently forming a symmetrical triangle pattern on the weekly timeframe. The RSI indicates oversold conditions. Consequently, a potential rebound could materialize from the support trendline. However, a definitive breakout or breakdown of the triangle is needed to confirm the next directional movement.
Countdown Alert! Less than 4 hours until BFLOKI Launches on XT.com! 🌐
• Listing Price: $0.00012🚀
• Check out the full information on XT's official announcement : https://xtsupport.zendesk.com/hc/en-us/articles/31042547390617-XT-COM-Announcement-on-Launching-BFLOKI-bitFloki
• Currently available on Mexc & PancakeSwap
• Mexc buy link: https://www.mexc.com/exchange/BFLOKI_USDT
• PancakeSwap buy link: https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762
Hong Kong approves applications of spot Bitcoin, Ether ETFs 👀
https://www.theblock.co/post/288237/hong-kong-approves-first-batch-of-spot-bitcoin-ether-etfs-in-drive-to-become-crypto-hub
#US DOLLAR ANALYSIS
The US dollar pumped following the breakout of the symmetrical triangle and the Ichimoku cloud. Currently, it is approaching horizontal resistance. The RSI has entered the overbought region.
A potential scenario could involve rejection from the horizontal resistance, while a decisive breakout would further confirm bullish momentum. It's worth noting that the US dollar often exhibits an inverse relationship with the crypto market.
#BTC/USDT ANALYSIS
BTC has declined following the breakdown of the symmetrical triangle and the Ichimoku cloud. Presently, it is holding above the horizontal and the MA 200 support. A bounce could be anticipated from this point, while a sustained breakdown of the horizontal support would confirm a bearish sentiment.
#TOTAL MARKET CAP ANALYSIS
The total market cap is forming a descending triangle pattern. It recently rebounded from the horizontal support level after encountering resistance at the trendline.
The RSI indicator is currently in the oversold region. It's crucial to monitor closely for a decisive breakout or breakdown of the triangle, as it will confirm the market's next direction.
#LTC/USDT
A symmetrical triangle has formed on the weekly timeframe for LTC, indicating a period of consolidation followed by a breakout. Currently, LTC is undergoing a retest of the triangle's boundaries, with a successful retest potentially confirming a bullish continuation pattern.
Moreover, both the 100MA and 50MA are indicating bullish momentum, further supporting the possibility of an upward movement in LTC in the near future. Keep a close eye on price action for confirmation and potential trading opportunities.
BTC fell to a low of $65,086, a 24-hour drop of 4.57%. ETH once fell below $3,200, down 8.12% in 24h. SOL fell below $150, with a 24-hour drop of 12.68%, WIF dropped 24.1% and PEPE dropped 20.3%. The entire network liquidated $829 million in the past 12h, of which $785 million was liquidated for long orders
Читать полностью…#OM/USDT ANALYSIS
OM continued its bullish move after the breakout of the ascending triangle. The Ichimoku cloud is showing bullish trend. A continuation of the bullish move is expected and in case of some retracement it will retest the ascending triangle.
⌛️🗣️ As #Bitcoin has now drawn to its final week before the #halving, social dominance toward the topic has peaked at its highest level of the year at 9pm UTC. The spikes in this topic should be received as high confidence price reversals for #crypto markets. Markets have been mostly quite flat, which means this spike won't be a major difference maker.
But if you see $BTC teasing #AllTimeHigh levels in the next few days, you should interpret high mentions of the halving as a #FOMO sign, and likely temporary top. Alternatively, if prices start dropping back toward $67K and you see a spike in halving discussion, this is a sign of #FUD, giving you the opportunity to #buy with confidence.