#US DOLLAR ANALYSIS
The US dollar has been rejected from the horizontal resistance. The MACD crossover is turning bearish, and the RSI is also moving toward the oversold region from the overbought region.
Consequently, a downward move is anticipated in the dollar, which could potentially signal a bullish trend for the market as they often work inversely proportional to each other.
#APE/USDT ANALYSIS
APE has broken out of the descending trendline and is currently utilizing the horizontal resistance as a support level. It is also trading above the Ichimoku cloud and is approaching the MA 100. Confirmation of a bullish rally would come with a successful retest above the horizontal support and a candle closure above the MA 100.
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#TOTAL MARKET CAP ANALYSIS
The total market cap pumped significantly following the successful breakout and retest of the descending triangle. Moreover, it breached the horizontal resistance, which will now serve as a support level.
A successful retest above this horizontal support would confirm a bullish trend. However, if the price dips below the horizontal support, it could indicate a market retracement.
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Читать полностью…#EGLD/USDT ANALYSIS
EGLD has broken out of the falling wedge pattern with a successful retest above it. Additionally, it has broken out of the Ichimoku cloud. Presently, it is in the process of breaking out above the MA 100, and a candle closing above it would confirm the continuation of the bullish move.
#BTC/USDT ANALYSIS
BTC is gaining bullish strength and momentum after a positive weekly and monthly candle close. The MACD crossover on the weekly timeframe suggests that the bullish rally has just commenced.
We can anticipate the continuation of this bullish trend as long as the price remains above the major horizontal support.
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#DOT/USDT ANALYSIS
DOT has broken out from the falling wedge pattern with significant volume. Additionally, it has breached the Ichimoku cloud and the MA 100. As long as it continues trading above the falling wedge, a bullish rally is anticipated.
#USDT DOMINANCE ANALYSIS
USDT.D has experienced a breakdown below the MA 200 but is presently trading above the horizontal support. The MACD crossover indicates bearish momentum.
A continued decline below the horizontal support would confirm the bearish trend, signaling a strong bullish indication for the crypto market as it works inversely proportional to it.
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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
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#BTC/USDT ANALYSIS
BTC experienced a significant increase in volume following the breakout of the symmetrical triangle. The price re-entered the triangle to test the support trendline, coinciding with the Ichimoku and the MA 100 providing additional support. An upward movement is anticipated as long as the price remains above the Ichimoku cloud.
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Читать полностью…#ALTS MARKET CAP ANALYSIS
The market cap of ALTS has continued its bullish momentum following the breakout of the descending triangle. It has successfully retested above both the Ichimoku cloud and the MA 100.
A continuation of the bullish trend is anticipated in the Alts market, as long as it continues trading above the Ichimoku cloud,
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Читать полностью…#MBOX/USDT ANALYSIS
MBOX has broken out of the falling wedge pattern and is undergoing a successful retest above it. Presently, it encounters resistance from the MA 100 and the Ichimoku cloud.
A decisive breakout above the Ichimoku cloud is necessary for bullish confirmation. However, in the event of rejection, it may retest the falling wedge pattern.
#BTC/USDT ANALYSIS
The monthly and weekly candle closes of BTC above the significant S/R level signal a strong bullish market outlook. The Ichimoku cloud and the MA 100 breakout further indicate a bullish trend.
It is anticipated that the bullish movement will continue either from this point or following a successful retest of the major horizontal support.
#BTC DOMINANCE ANALYSIS
BTC.D has broken out of the rising wedge pattern and is currently retesting above it. A successful retest would confirm the bullish trend.
If BTC.D surges while BTC moves sideways, this could indicate an impending correction for Alts. Conversely, if BTC.D falls while BTC moves sideways, it could be a bullish sign for Alts.
#BTC/USDT ANALYSIS
BTC is currently consolidating within a symmetrical triangle in a 1-hour timeframe. Presently, it is holding above the MA 100. We need to monitor closely for a definitive breakout or breakdown of the triangle, as this will confirm the market's short-term direction.
Buying #DATA/BTC 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