#TRX/USDT ANALYSIS
TRX has exhibited a breakout from the cup and handle pattern, accompanied by a notable increase in volume. Additionally, the Ichimoku cloud indicates a bullish trend, suggesting a positive momentum.
The current scenario suggests a potential continuation of the bullish rally, either directly from this point or following a successful retest of the cup and handle pattern.
#ALTS MARKET CAP ANALYSIS
The market cap of ALTS has recently broken out of a descending triangle pattern. Presently, it is trading above the 200-day Moving Average (MA) but below the Ichimoku cloud.
A bullish confirmation would occur if there is a break above the Ichimoku cloud. Conversely, in the event of rejection and a failed retest above the trendline, a short-term correction may ensue, potentially testing the horizontal support.
#LINK/USDT ANALYSIS
LINK is moving in a descending triangle followed by a strong bullish rally. A solid breakout of the triangle would be the bullish confirmation. A rejection will be a sign of further movement inside the triangle.
#BTC/USDT ANALYSIS
BTC has faced rejection at the H4 horizontal resistance and is currently making an effort to maintain a position above the MA 200.
A breach below the MA 200 would signal a potential downward movement towards the horizontal support, where the Ichimoku cloud is providing additional support.
A successful bounce from this level, coupled with a breakout above the horizontal resistance, would serve as a bullish confirmation.
#BTC DOMINANCE ANALYSIS
BTC.D has bounced after breaking the horizontal resistance. Currently, it is trading inside the Ichimoku cloud and below the MA 50. A breakout of the Ichimoku cloud would be a bullish confirmation, while a rejection from the MA 50 and the Ichimoku cloud would signal a correction.
If BTC.D and BTC experience a pump, that would indicate new money entering the market. Conversely, a rejection in BTC.D while BTC moves upward or exhibits sideways movement would be a bullish sign for altcoins.
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#SUI/USDT ANALYSIS
SUI has broken out of the cup and handle pattern, accompanied by significant volume and a successful retest. The chart indicates strong momentum, suggesting a potential continuation of the bullish move from this point onward, or possibly after another test of the horizontal support. The breakout, coupled with strong volume, adds confidence to the bullish scenario.
#S&P 500 ANALYSIS
The S&P 500 has pumped following the breakout of both the horizontal resistance and trendline, accompanied by significant trading volume. The Ichimoku cloud and the MA 100 indicators signal a bullish trend.
Anticipating the continuation of this upward momentum, one may look for confirmation either at the current level or following a successful retest of the trendline and horizontal support.
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#BTC/USDT ANALYSIS
BTC has recorded a positive weekly candle close and is currently trading below the MA 100 but above the horizontal support level. A definitive breakout above the MA 100 would serve as a bullish confirmation. Conversely, if there is a breakdown of the horizontal support, it is likely to retest the ascending trendline.
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Читать полностью…#BTC/USDT ANALYSIS
BTC is gaining momentum after reclaiming the horizontal support. MACD crossover is showing bullish momentum. The MA 200 is indicating a positive trend. A bullish move is anticipated for however long it is trading above the horizontal support.
#AVAX/USDT ANALYSIS
AVAX is presently undergoing a retest above the trendline and past high support. A successful retest would serve as bullish confirmation. Conversely, a price breakdown below the horizontal support would indicate potential further movement within the triangle.
#BTC/USDT ANALYSIS
BTC has been rejected by both the horizontal and Ichimoku cloud resistances. Presently, it is heading towards horizontal support.
A bounce is anticipated from the horizontal support, and if it manages to breach the horizontal support, it will likely test the ascending trendline support.
Expect consolidation within the designated zones until a definitive breakout or breakdown materializes.
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#BTC/USDT ANALYSIS
BTC has sustained its bullish momentum following a successful test of the ascending trendline and the reclaiming of horizontal support. Currently, it has surpassed the MA 100 but is encountering resistance from both the horizontal level and the Ichimoku cloud.
A definitive breakthrough of the Ichimoku cloud would serve as a strong bullish confirmation. Conversely, a rejection at this point may indicate a consolidation phase between the support and resistance zones.
#CFX/USDT ANALYSIS
CFX has broken out of the triangle pattern, and a successful retest above it is underway. Currently, momentum is evident, indicating a potential continuation of the bullish move either from the current levels or following a successful retest of the triangle.
#USDT DOMINANCE ANALYSIS
USDT.D has broken down from the symmetrical triangle and is currently in the process of retesting below it. Both the MA 100 and the Ichimoku cloud indicators are signaling a bearish trend.
A successful retest below the triangle would serve as the bearish confirmation. It is important to note that this trend tends to exhibit an inverse correlation with the crypto market.
#DOGE/USDT ANALYSIS
DOGE is moving in a symmetrical triangle. Currently, it is facing the MA 200 and the Ichimoku cloud resistance. A breakout above the MA 200 would be a sign of gain in strength and a solid breakout of the triangle would be a strong bullish confirmation. In case of a rejection and a sustained breakdown of the triangle, a downward move is also expected.
#US DOLLAR ANALYSIS
The US dollar is currently forming a symmetrical triangle, trading below both the MA 100 and the Ichimoku cloud. The MA 200 is serving as a crucial support level.
A potential scenario involves a rejection of the Ichimoku cloud resistance, while a definitive breakout or breakdown of the symmetrical triangle would confirm its move.
It is essential to observe that the US dollar tends to exhibit an inverse relationship with the crypto market.
#BTC/USDT ANALYSIS
BTC pumped from the trendline and MA 200 support with a decent volume and it breakout the horizontal support. As it is back inside the range and if it continues to trade above the horizontal support we can expect the continuation of the bullish move.
#ARB/USDT ANALYSIS
ARB is currently undergoing a retest above the horizontal support level, with the MA 50 serving as a notable support point. The Ichimoku cloud indicates a bullish trend.
A successful completion of the retest may signal an impending upward movement. Conversely, a failure in the retest could signify a potential downward shift, with the likelihood of testing the ascending trendline.