#ETH/USDT ANALYSIS
ETH is currently trading within a descending triangle pattern and is being rejected at the resistance trendline.
The Ichimoku Cloud above the current price action is acting as resistance, indicating bearish momentum. It is important to wait for a decisive breakout or breakdown for confirmation.
#USDT DOMINANCE ANALYSIS
USDT.D is bouncing off the support trendline of a rising wedge pattern. The 100-day moving average and the Ichimoku cloud are indicating bullish momentum, suggesting a potential bounce from the trendline.
However, a breakdown of the pattern would signal a bearish trend. It's important to note that USDT.D typically moves inversely to the broader crypto market.
Bitcoin Daily Active Entities, measured as clusters of addresses controlled by the same entity, fell 16% in Q2 2024. This metric helps gauge user adoption and network activity.
Читать полностью…🔥 As per the #Jerrywifhat official announcement, something HUGE is cooking behind the scenes for $JWIF!
#MEXC listing rescheduled to August 2nd, 14:00UTC! for this monumental reason: https://x.com/jerrywifcoin/status/1818577195826069710?s=46
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#US DOLLAR ANALYSIS
The US dollar has recently broken down from a symmetrical triangle pattern and is now trading within the Ichimoku cloud, with the 200-day moving average acting as support. A successful retest of the triangle's lower boundary could confirm a bearish trend. However, failure to retest may lead to further consolidation within the triangle.
It's crucial to consider the inverse relationship between the US dollar and the cryptocurrency market. As the US dollar weakens, cryptocurrencies often experience upward movement, indicating potential gains for digital assets in the near future.
#DOGE/USDT ANALYSIS
DOGE is currently consolidating within a symmetrical triangle pattern, with recent rejections observed from the resistance trendline.
The 50-day moving average is acting as a barrier, while the 100-day moving average provides support below the price action.
To anticipate the next move for DOGE, it's advisable to await a definitive breakout or breakdown from the triangle pattern for confirmation.
#BTC/USDT ANALYSIS
Bitcoin has broken down the support trendline of the rising wedge pattern and is currently testing the Ichimoku cloud support level.
A breakdown from this level could lead to further market correction. Conversely, we might expect a bounce from the horizontal demand zone level.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is trading within a rising wedge pattern and is currently being rejected by horizontal resistance. The Ichimoku cloud is providing support below the pattern, while the 21MA is acting as resistance.
A sustained breakdown from the pattern would indicate a bearish trend in the crypto market. Conversely, a bounce from the support trendline could lead to further consolidation within the pattern.
Massive announcement in the history of #JWIF 👀
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#BOME/USDT ANALYSIS
BOME has broken out of the descending triangle with strong volume. It is currently trading within the Ichimoku cloud, and both the 21MA and 50MA are indicating bullish momentum.
A breakout from the Ichimoku cloud would suggest further upward movement for BOME.
#BTC/USDT ANALYSIS
Bitcoin is forming a cup and handle chart pattern and is currently attempting to break the pattern's neckline.
The Ichimoku cloud is providing support, indicating bullish strength. A solid breakout of the pattern would confirm the bullish trend. Keep an eye on this development.
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#BTC/USDT ANALYSIS
Bitcoin has broken down from a rising wedge pattern and has successfully retested the breakdown level. Currently, it is moving downward towards a horizontal demand zone where the 200 MA is acting as support.
We can expect a rebound from this demand zone level if it holds. However, if it breaks down through the demand zone, we may see further correction in the market.
The Fed announced that it will maintain the interest rate at 5.25-5.5%, in line with market expectations.
Читать полностью…#TRB/USDT ANALYSIS
TRB is currently consolidating within a descending channel, displaying signs of bullish strength. A breakout above the channel and the 50-day moving average could signal a strong bullish rally.
Conversely, it may also decline from the descending resistance trendline.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within an ascending channel and trading just above the support trendline. We can anticipate a bounce from this support level.
However, the Ichimoku Cloud indicates bearish momentum, acting as a resistance. A breakdown of the channel's support trendline could signal a shift towards a further downward trend.
Founder of BitClout charged with fraud and unregistered offering of crypto asset securities by the SEC
Читать полностью…🚨Countdown Alert! Less than 4 hours until $JWIF Launches on leading🌐 Top-Tier exchange #MEXC !
$JWIF recently tweeted about upcoming major partnership with binance listed meme project and Another Tier1 exchange listing is also in pipeline as per their official tweet, which means this undervalued GEM💎 will surely skyrocket in the next few days🚀
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Check out the full information on MEXC's official announcement: https://www.mexc.com/support/articles/17827791517564
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#JWIF/USDT is going to list on leading Top-Tier exchange #MEXC Today at 13:00UTC🚀
$JWIF recently tweeted about upcoming major partnership with binance listed meme project and Another Tier1 exchange listing is also in pipeline as per their official tweet, which means this undervalued GEM💎 will surely skyrocket in the next few days🚀
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Bitcoin Spot ETF Balances now exceed $50B in AUM since their January 2024 launch, marking the most successful ETF debut in history. This chart shows the daily balances of the top US-traded Bitcoin ETFs.
Читать полностью…As we promised $JWIF is going to list on one of Top-Tier exchange #MEXC on 30th July 13:00UTC🔥🚀
$JWIF recently tweeted about upcoming major partnership with binance listed meme project which means this GEM💎 will surely skyrocket in the next few days: https://x.com/jerrywifcoin/status/1817851465937158324?s=46
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#ALTS MARKET CAP ANALYSIS
The ALTS market cap is consolidating within a bull flag pattern after a strong rebound from the support trendline. The Ichimoku cloud is acting as resistance above the current price action.
A solid breakout from the pattern will likely lead to a strong upward movement in the ALTS market. However, if it breaks below the support trendline, the pattern will be invalidated.
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5 minutes left! Remember to have your Metamask or trustwallet loaded with BNB or USDT(BEP20)
The next message will be the coin name to buy with clickable PancakeSwap DEX link.
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Time to rock : 4 PM GMT
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