#XRP/USDT ANALYSIS
XRP is currently exhibiting movement within a descending triangle pattern. It recently rebounded from both the MA 200 and horizontal support levels. However, it encountered resistance from the Ichimoku cloud.
A significant increase in volume, coupled with a decisive breakout from the triangle, would confirm a bullish trend. Conversely, a sustained breakdown below the triangle would signal a bearish trend.
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Читать полностью…#SOL/USDT ANALYSIS
SOL has broken out of the falling wedge pattern with a successful retest above it. The 50-day moving average is acting as a supportive factor. Additionally, the Ichimoku cloud indicates a bullish trend. As long as SOL continues to trade above the Ichimoku cloud, we can anticipate the continuation of the bullish momentum.
#HBAR/USDT
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Читать полностью…#BTC DOMINANCE ANALYSIS
BTC.D is currently moving within a rising wedge pattern, having encountered rejection from the resistance trendline. The RSI indicates overbought conditions. A sustained breakdown of the rising wedge would confirm bearish sentiment.
Should BTC.D decline while BTC moves sideways or upward, it could signal a bullish trend for Alts. However, if BTC and BTC.D decline simultaneously, it suggests capital outflow from the market.
#PEPE/USDT ANALYSIS
PEPE is currently moving within a descending channel, accompanied by a strong bullish rally. It has broken out of the Ichimoku cloud and is trading below the MA 100 and the trendline resistance.
A decisive breakout from the channel would confirm bullish sentiment, while a rejection would indicate potential further movement within the channel.
NEW: 🇺🇸 US spot #Bitcoin ETFs rebounded on Friday with 💵 $59.7M inflows after a week of outflows.
This coincided with the #Bitcoin halving and strong buying in BlackRock's $IBIT fund, nearing $GBTC holdings.
Together, the top 5 ETFs hold 4.09% of all circulating #Bitcoin .
#S&P 500 ANALYSIS
The S&P 500 is undergoing a correction after a strong bullish rally. Currently, it is approaching a retest of the ascending triangle, and a reversal is expected from the horizontal support of the triangle.
The Ichimoku cloud indicates a bullish trend. It's worth noting that it typically correlates positively with the crypto market.
#NEAR/USDT ANALYSIS
NEAR has broken out of the descending triangle pattern with a decent volume. Additionally, it has surpassed the MA 100, and the Ichimoku cloud indicates a bullish trend. As long as it continues to trade above the triangle, a continuation of the bullish move is anticipated.
#USDT DOMINANCE ANALYSIS
USDT.D is being rejected from the MA 200 resistance after bouncing from the horizontal support. A downward trend is expected from here, and a sustained breakdown of the horizontal support would confirm a bearish trend.
It's important to note that USDT.D tends to move inversely proportional to the crypto market.
Buying #FIL here✍🏻
FIL has broken the symmetrical triangle and also retested successfully. Now, it looks ready for a bullish ride.🚀
#BTC/USDT ANALYSIS
BTC has broken out of the triangle pattern on the 2H timeframe. Additionally, it has breached the MA 100 and the Ichimoku cloud. A continuation of the bullish move is expected for as long as it remains trading above the triangle. However, if there is a sustained breakdown of the Ichimoku cloud, a correction is also anticipated.
#BTC/USDT ANALYSIS
BTC is gaining momentum from the horizontal support and is trading below the MA 100 and the Ichimoku cloud. Bulls need to break out of the Ichimoku cloud for bullish confirmation, while a sustained breakdown of the horizontal support would confirm bearish sentiment.
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Читать полностью…#BTC/USDT ANALYSIS
BTC has been rejected by both the Ichimoku cloud and the MA 50. Currently, it is moving towards horizontal support. Bulls must defend this horizontal support, as a solid breakout of the Ichimoku cloud would confirm bullish momentum.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has pumped from the historical trendline support, with the MA 100 also providing support. The MACD crossover is turning bullish. Currently, the price is within the Ichimoku cloud, indicating indecision.
A breakout above the Ichimoku cloud would strongly confirm bullish momentum, while a rejection would suggest a retest of the historical trendline support.
U.S. Bitcoin ETFs saw +$31.4m net inflows today.
Blackrock's $IBIT inflow streak is at 71 consecutive days
#BTC/USDT ANALYSIS
BTC is currently retesting above the descending triangle and trading below the MA 100, which serves as a notable resistance level. On the bullish side, both the MA 200 and the Ichimoku cloud indicate a positive trend. As long as BTC remains above the Ichimoku cloud, the likelihood of continued bullish momentum remains high.
#HBAR/USDT
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Stay tuned to the channel and pin it to ensure you never miss out on any crucial updates. Also share our channel with your friends and family. Let's soar to new heights together! Keep Earning🙌
#BTC/USDT ANALYSIS
BTC has broken out of the descending trendline and the Ichimoku cloud. Currently, it is encountering resistance at the MA 100. A successful retest or a break above the MA 100 would confirm bullish momentum. If the price retraces inside the descending trendline, it may retest the horizontal support once more.
Buying #PERP here✍🏻
PERP has broken the ascending triangle. Currently, it is testing out the triangle after the breakout. A successful test would serve as a bullish confirmation. So, keep an eye on it.👀
#BTC/USDT ANALYSIS
BTC is currently trading within a descending triangle pattern. At present, it is making an attempt to break out. The MA 200 indicates a bullish trend. However, the Ichimoku cloud is posing as a resistance barrier.
A decisive breakout from the triangle would confirm the bullish momentum. Conversely, a rejection at this level would signal a continuation of movement within the triangle pattern.
Buying #HBAR here✍🏻
HBAR has retested successfully after the breakout of the ascending triangle. Soon, it will pump aggressively.🚀
According to glassnode, affected by the Runes minting activity, on April 20, Bitcoin miner revenue reached US$106.7 million, of which 75.444% came from network transaction fees, both reaching record highs.
Читать полностью…#US DOLLAR ANALYSIS
The US dollar pumped following the breakout of the symmetrical triangle. Currently, it is encountering horizontal resistance. The RSI is in the overbought region.
A rejection could be a likely scenario as long as it is trading below the horizontal resistance, while a solid breakout would confirm bullishness. It's worth noting that it typically moves inversely to the crypto market.
Buying #LTC here✍️
LTC has not only broken out of the symmetrical triangle pattern but has also completed a successful retest, indicating strong potential for a bullish ride ahead. 🚀