#BTC/USDT ANALYSIS
Bitcoin continues to hold below the horizontal supply zone following its breakout from the symmetrical triangle. It is currently attempting to break through its horizontal supply zone.
The Ichimoku Cloud is offering support above the triangle. A breakout of the horizontal supply zone could signal the start of a bullish trend.
#TRB/USDT ANALYSIS
TRB is consolidating within a descending triangle pattern and currently rebounding from the horizontal demand zone. The 100MA is serving as a resistance barrier. A decisive breakout or breakdown is needed to confirm the next directional move for TRB.
#US DOLLAR ANALYSIS
The US dollar is currently consolidating within a descending triangle pattern, trading just above the horizontal demand zone. While the Ichimoku Cloud suggests a bearish outlook, there remains the potential for a bounce from the demand zone.
A clear breakout or breakdown is needed to confirm the next directional move. Additionally, it's important to consider the inverse relationship between the US dollar and the cryptocurrency market.
#AKRO/USDT
Hit 0.005084 | 17% So Far🚀✌️
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🙌
🇺🇸 JUST IN: BlackRock's Spot #Bitcoin ETF Receives Options Approval from SEC
The SEC has officially granted accelerated approval for the listing and trading of options on the iShares Bitcoin Trust (IBIT) through Nasdaq ISE.
Buying #AKRO/USDT here ✌🏻
Lying above the strong demand zone
Bullish harmonic pattern is showing its reversal zone
MACD crossover is showing bullish momentum
Expecting a big upward move from here 🚀
Targets are mentioned in the chart
MicroStrategy has acquired 7,420 BTC for ~$458.2 million at ~$61,750 per #bitcoin and has achieved BTC Yield of 5.1% QTD and 17.8% YTD. As of 9/19/2024, we hodl 252,220 $BTC acquired for ~$9.9 billion at ~$39,266 per bitcoin. $MSTR
Читать полностью…Bitcoin short-term holder supply has fallen to multi-year lows, potentially limiting a price breakout, an analyst said.
Meanwhile, the market dominance of the largest digital asset by market capitalization has increased to levels not seen since April 2021.
#BTC/USDT ANALYSIS
Bitcoin has broken out of its descending triangle pattern with strong volume. It is currently holding above the 100MA, which is acting as a key support level, while the 200MA remains a resistance barrier.
A successful retest of the breakout would provide further confirmation for a bullish trend. Keep a close watch for any price action at these critical levels.
JUST IN: 🇺🇸 Louisiana state government officially accepts Bitcoin & crypto as a valid form of payment.🚀🚀
Читать полностью…BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years.
Читать полностью…Bitget and Foresight Ventures jointly announced a strategic investment of US$30 million in TON token, which will be achieved by purchasing discounted TON tokens. They will be deeply involved in the governance and future development planning of the TON ecosystem, and will promote more potential dApps to quickly enter the market.
Читать полностью…Notice of Removal of Spot Trading Pairs - 2024-09-20
https://www.binance.com/en/support/announcement/81a24cffdec94316a4c99a780cd1641f
#S&P 500 ANALYSIS
The S&P 500 is currently trading within the horizontal supply zone of an ascending triangle pattern, with the Ichimoku Cloud signaling bullish momentum. A breakout from this pattern, especially with strong volume, could lead to a robust bullish rally. This confluence of technical indicators reflects strong market sentiment, indicating potential for continued gains.
#USDT DOMINANCE ANALYSIS
USDT Dominance is consolidating within an ascending triangle, encountering resistance at the horizontal supply zone. The Ichimoku Cloud is offering solid support, enabling a rebound in dominance. Continued consolidation within the pattern is anticipated.
A breakout above the triangle may trigger upward momentum in dominance, while a decline in USDT.D would likely signal bullish sentiment for the broader crypto market, given its inverse correlation. Keep a close watch on this key level.
#BTC/USDT ANALYSIS
After breaking out of the symmetrical triangle pattern, the bitcoin is currently facing rejection at the previous high, where the 200MA is also acting as a resistance barrier, while the 100MA is providing support. A retest of the pattern can be expected at this stage.
Furthermore, a breakout above the horizontal supply zone and the 200MA will signal a bullish trend. Keep a close watch on these movements.
#SOL/USDT ANALYSIS
SOL is currently rebounding from the horizontal demand zone within a descending triangle pattern. The Ichimoku Cloud presents a significant resistance barrier above the price action.
A successful breakout through both the cloud and the pattern would confirm a bullish trend, though the price may also fall from this level.
#BTC/USDT ANALYSIS
Bitcoin has recently broken out of its descending triangle pattern following a period of consolidation. It is currently encountering resistance at the 200MA, which is acting as a key barrier. Meanwhile, the 100MA is providing support just above the triangle.
A successful retest above the triangle would confirm a potential upward movement. Keep a close watch on these developments for further confirmation.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern, reflecting a phase of indecision in the market. Recently, it has rebounded from a key horizontal demand zone, suggesting that buyers are stepping in at this level to provide support.
However, the Ichimoku Cloud is acting as a significant resistance barrier above the price action, indicating that the market has yet to clear this hurdle. At the same time, the 200MA is providing strong support, from which the price has recently bounced.
A decisive breakout from both the wedge pattern and the Ichimoku Cloud could signal a shift in momentum, potentially triggering a strong bullish rally in the overall cryptocurrency market. Monitoring these technical levels will be crucial for confirming the next market direction.
#AKRO/USDT is surging from the demand zone and gearing up for a bullish ride 🚀
Buy on MEXC: https://www.mexc.com/exchange/AKRO_USDT
Buy on Binance: https://www.binance.com/en/trade/AKRO_USDT
Short term targets: 10%-30%-50%
#BTC/USDT ANALYSIS
After breaking out of the descending triangle, Bitcoin is gaining momentum, with the Ichimoku Cloud also indicating bullish strength.
Currently, the 200MA is acting as a resistance, and the price action is attempting to break through this barrier. A successful breakout above the 200MA would signal further bullishness for BTC.
The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.
Читать полностью…Binance Will Support the Manta (MANTA) Network Upgrade & Hard Fork
https://www.binance.com/en/support/announcement/8b9328395d2b4c0390d1bd4d29fa21ef
#BTC DOMINANCE ANALYSIS
BTC.D is rising after breaking out of the ascending triangle, with the RSI now entering the overbought zone, signaling a potential pullback soon.
If BTC.D continues upward while BTC declines, this could be a bearish signal for altcoins. On the other hand, if BTC.D falls while BTC moves sideways, it could indicate a bullish outlook for the altcoin market.
#AVAX/USDT ANALYSIS
AVAX is consolidating within a symmetrical triangle pattern, facing rejection from both the resistance trendline and the 200MA, which is serving as a barrier above the triangle. A clear breakout or breakdown is needed to confirm the next directional move.
#BTC/USDT ANALYSIS
Bitcoin is attempting to break out of its descending triangle pattern, currently encountering resistance at both the 100MA and the triangle's descending trendline. The Ichimoku Cloud is providing support beneath the current price action.
A breakout from this pattern would offer strong bullish confirmation. However, if the breakout fails, further consolidation within the triangle remains a possibility.