#SOL/USDT ANALYSIS
SOL has continued its upward trajectory following the breakout of the ascending triangle. Presently, it is breaching the MA 200 in a 3-day timeframe.
The MACD crossover indicates a bullish momentum. Further bullish movement is anticipated if it successfully achieves a candle close above the MA 200.
#BTC/USDT ANALYSIS
The BTC weekly candle has closed strongly above the horizontal support, signaling a strong bullish trend in the market. The MACD crossover indicates significant bullish momentum.
A continuation of this upward movement is anticipated either from this point or following a successful retest of the horizontal support.
Binance Will Support the Harmony (ONE) Network Upgrade & Hard Fork
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#POLYX/USDT ANALYSIS
POLYX has shown a strong upward movement from the horizontal support level and has successfully broken through the descending trendline. The MACD crossover further confirms the bullish momentum.
A sustained bullish rally is anticipated as long as the trading price remains above the established trendline. However, a fall below this trendline would signal a potential correction.
Dear members, With the success of our previous big pump signals #FRTN (6500%), #JET (+10600%) on MEXC, which remained in the "Top Gainers" for over 24+ hours. we are ready to announce our next big signal on MEXC.
Date : 4-November-2023 Saturday
Time : 4 PM GMT
Pairing : USDT
Exchange : MEXC
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#BTC/USDT ANALYSIS
BTC has broken through a significant horizontal resistance level, which will now act as a strong support on the weekly time frame. A weekly candle closing above this horizontal support would confirm the presence of a bullish trend in the market.
#ALTS MARKET CAP ANALYSIS
ALTS market cap has seen a significant and well-executed pump following the successful breakout from the descending triangle pattern. Additionally, it has broken above both the MA 100 and the Ichimoku cloud.
The confirmation of the ongoing bullish momentum hinges on a successful retest above these key levels. However, if the price falls below the MA 100, there is a possibility of a retest of the descending triangle pattern.
#NEO/USDT ANALYSIS
NEO has broken out of the falling wedge pattern with a substantial increase in trading volume. Currently, it is also surpassing the MA 200 and the Ichimoku cloud.
A confirmation of the bullish trend continuation would come with a candle closing above these key indicators. If there is any retracement, it is likely to retest the falling wedge.
#BTC DOMINANCE ANALYSIS
BTC.D has maintained its bullish momentum and successfully broken out of the rising wedge pattern. Furthermore, the overall market has exhibited a strong bullish trend, indicating a substantial influx of capital into BTC.
This suggests that when BTC enters a period of sideways consolidation and BTC.D experiences a decline, we may anticipate a shift in focus toward major altcoins.
#AVAX/USDT ANALYSIS
AVAX has broken out of the falling wedge pattern with strong volume, and the candle has closed above it. Additionally, it has surpassed the MA 50, indicating a bullish momentum. As long as AVAX continues to trade above the wedge, we can anticipate a continuation of the bullish trend.
#USDT DOMINANCE ANALYSIS
USDT.D has continued its downward trajectory following the breakdown of both the symmetrical triangle and the Ichimoku cloud. At present, it is also breaching the MA 200, indicating a likely continuation of the bearish trend.
This development is particularly noteworthy, as it traditionally serves as a strong bullish indicator for the cryptocurrency market, given its inverse correlation with the overall crypto market performance.
Notice of Removal of Spot Trading Pairs - 2023-10-27
https://www.binance.com/en/support/announcement/04cbc1c3c77449f9b77d48a353cead34
#BTC/USDT ANALYSIS
BTC is currently encountering local resistance. A strong breakout above this level would signal a continuation of the bullish trend. Conversely, a rejection at this point would indicate a short-term correction, with a potential retest of the horizontal support.
#US DOLLAR ANALYSIS
The US dollar is currently trading below a robust horizontal resistance level. The RSI recently experienced a rejection from the overbought region. Additionally, it is currently undergoing a retest below a descending trendline.
In light of these technical indicators, a downward movement in the dollar is anticipated, especially if it maintains its position below the horizontal resistance. However, it's important to note that a decisive breakout above this horizontal resistance would serve as confirmation of a bullish trend.
NEW: With yesterday's rise in price, 24% of the total circulating supply of #Bitcoin shifted from 'in-loss' to 'in-profit.' 👀
That's 4.7M #BTC transitioning to profitability 🙌
Binance Will List Celestia (TIA) with Seed Tag Applied
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Binance Will Support the Enjin Coin (ENJ) Mainnet Swap
https://www.binance.com/en/support/announcement/259b21089abd4e0d9e9c2c37adfdb1ae
#US DOLLAR ANALYSIS
The US dollar is currently trading below a significant horizontal resistance level, with the RSI indicating an overbought market. A possible scenario could involve a rejection at this point, whereas a decisive breakout above the horizontal resistance would confirm a bullish trend.
It's noteworthy that the US dollar typically exhibits an inverse relationship with the crypto market.
#BTC/USDT ANALYSIS
BTC is currently following a symmetrical triangle pattern on an hourly timeframe. It is trading within the Ichimoku cloud, indicating a state of indecision.
The MA 100 is serving as a resistance point. A definitive breakout from the triangle would confirm a bullish trend, while a sustained breakdown would signal a downward movement.
#KSM/USDT ANALYSIS
KSM has broken out of the falling wedge pattern and successfully retested above it. It has also surpassed the MA 50. The MACD crossover indicates bullish momentum. A continuation of the bullish trend is expected for as long as it continues to trade above the wedge.
#BTC/USDT ANALYSIS
BTC has broken through a significant horizontal resistance level, which will now act as a strong support on the weekly time frame. A weekly candle closing above this horizontal support would confirm the presence of a bullish trend in the market.
#BTC/USDT ANALYSIS
BTC is currently forming an ascending triangle pattern on shorter timeframes, which is typically followed by a strong bullish move.
A solid breakout of the triangle would serve as bullish confirmation, whereas a sustained breakdown would indicate a potential short-term correction in the market.
#BTC/USDT ANALYSIS
BTC is currently attempting to break through the horizontal resistance. The MACD crossover is indicative of bullish momentum. A solid breakout beyond the horizontal resistance would signal a strong bullish trend, while a rejection could potentially lead to a correction to test the horizontal support.
#PEPE/USDT ANALYSIS
PEPE has reclaimed the demand zone after forming a second bottom. It broke out of the descending trendline and the MA 100 with a successful retest above them.
Furthermore, it is currently breaking out of the Ichimoku cloud. A candle close above it would confirm the continuation of the bullish move.
Binance Will Support the Merit Circle (MC) Token Swap, Redenomination and Rebranding to Beam (BEAMX)
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JUST IN: BlackRock's iShares Spot Bitcoin ETF relisted on the DTCC (Depository Trust & Clearing Corporation).
Читать полностью…JUST IN: The ticker for BlackRock's spot #Bitcoin ETF, $IBTC, is no longer listed on the DTCC website. 👀
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