#CYBER/USDT ANALYSIS
CYBER pumped with high volume following the successful breakout and retest of the triangle. A continuation of the bullish move is anticipated either from this point onward or after another retest of the triangle.
#US DOLLAR ANALYSIS
The US dollar is moving in a symmetrical triangle on 3D TF. It bounced from the support trendline and trading below the Ichimoku cloud.
A rejection from here and a breakdown of the symmetrical triangle would be the bearish confirmation in the dollar, else we could see an upward move. We've to note that it works inversely proportional to the crypto market.
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#ALTS MARKET CAP ANALYSIS
ALTS market cap is trading within an ascending broadening wedge. Currently, the price is experiencing rejection from the resistance trendline of the wedge, with support evident from the MA 21&50.
We could expect further movement within the ascending broadening wedge until we witness a solid breakout or breakdown of the wedge.
#BTC/USDT ANALYSIS
BTC is currently trading within a channel, accompanied by a deviation move. Presently, it is maintaining its position above the trendline, MA 100, and Ichimoku cloud support.
Bulls must demonstrate increased momentum to reclaim control from this point onward. Conversely, a sustained breakdown of the channel would serve as confirmation of a bearish trend.
#ICP/USDT ANALYSIS
ICP is currently consolidating within a symmetrical triangle pattern. At present, it is encountering resistance at the upper boundary of this triangle. To determine its next potential move, we must patiently await either a successful breakout above the resistance or a breakdown below the support line.
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#BTC/USDT ANALYSIS
BTC pumped with a decent volume after the breakout of the bullish pennant. Currently, it is retesting above the marked horizontal support. A continuation of the bullish rally is expected for however long it is trading above the horiozntal support.
#S&P 500 ANALYSIS
The S&P 500 trying to break through the horizontal resistance. Such a breakout would strongly indicate a bullish trend. Conversely, a potential decline could signal a retest of this triangle pattern.
Significantly, the movements of the S&P 500 frequently correlate with those of the crypto market.
#SUI/USDT ANALYSIS
SUI has broken out of the ascending triangle and has effectively retested the breakout level. At present, the price is showing a consistent upward trajectory. The Ichimoku cloud points to bullish momentum, indicating a potential continuation of this upward trend.
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Читать полностью…#BTC/USDT ANALYSIS
BTC is bouncing from the ascending trendline support. A good volume bounce and breakout of the Ichimoku cloud would be the bullish confirmation. A rejection and sustained breakdown of the trendline will be a sign of correction in the market.
#LINK/USDT ANALYSIS
LINK is consolidating in an ascending triangle pattern. At present, it is encountering resistance at the upper boundary of this triangle. The Ichimoku cloud indicates a bullish momentum. To determine its next potential move, we must patiently await either a successful breakout above the resistance or a breakdown below the support line.
#BTC/USDT ANALYSIS
BTC went down after the breakdown of the trendline support and the Ichimoku cloud. Currently, it is trading above the horizontal and the MA 200 support. A reclamation of the channel support would be a sign of bullish momentum back into the market, while a solid breakdown of the horizontal support is the bearish confirmation.
$DOGE/USDT ANALYSIS
DOGE is currently in a consolidation phase within a symmetrical triangle pattern. Additionally, the 200MA is providing support. To anticipate its next potential move, we need to patiently await either a successful breakout above the resistance or a breakdown below the support line.
#TOTAL MARKET CAP ANALYSIS
Total market cap is currently stabilizing within an ascending channel. Presently, the price is trading above the channel's support trendline. The Ichimoku cloud indicates a bullish momentum, suggesting a possible continuation of this upward trend.
Nevertheless, should it breach the channel's boundaries, we might anticipate a more pronounced correction in the market.
#BTC/USDT ANALYSIS
BTC has once again entered the rectangular channel following a bullish move above it. The Ichimoku Cloud and the 100-day Moving Average (MA) are currently acting as support. Further movement within the channel can be anticipated until a definitive breakout or breakdown occurs.
#BTC DOMINANCE ANALYSIS
The BTC.D is currently breaking down from the ascending channel. A confirmation of the bearish trend would be indicated by a candle close below the channel or a successful retest below it.
If BTC.D experiences a decline while BTC demonstrates bullish or sideways indicators, this would be considered a bullish sign for altcoins. Otherwise, a correction in altcoins can be expected.
#LTC/USDT ANALYSIS
LTC broke out of its descending triangle pattern. A successful retest above this triangle would confirm an upward trend. The Ichimoku cloud suggests bullish momentum, indicating a potential continuation of this upward trajectory.
However, if the price fails to retest above the triangle, we might anticipate further movement within the confines of the triangle pattern.
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#BTC/USDT ANALYSIS
BTC experienced a pump following the breakout and subsequent retest of the symmetrical triangle. Currently, it is trading above the upper designated horizontal support, and there is an anticipation of a sustained upward movement as long as it remains above the specified horizontal support levels.
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#USDT DOMINANCE ANALYSIS
USDT.D has persistently shown bearish momentum since breaking down from the descending triangle pattern. The Ichimoku cloud confirms a bearish trend. Moreover, it has descended below the horizontal support level and is retesting it.
It's crucial to recognize that USDT.D often exhibits an inverse correlation with the crypto market.
#ETH/USDT ANALYSIS
ETH has recently broken out of its ascending triangle. A successful retest above the triangle would confirm an upward trend. The MA 21 indicates bullish momentum, suggesting a potential continuation of the upward trend.
If the price fails to retest above the triangle, we may expect more movement inside the triangle.