#BTC/USDT ANALYSIS
BTC has successfully bounced after retesting above the horizontal support with decent volume. Bulls need a solid candle close above $38K. As long as it continues trading above the horizontal support, we anticipate a continuation of the bullish trend.
Hello everyone, 3 days left until our next free for all pump on MEXC. We can guarantee that this upcoming pump will have amazing results and You should be expecting massive profits on this Saturday. We now have a bigger team of whales on our side, which is by far the strongest in the market, we’re ready to see our biggest volume in history, we don’t expect this pump to make all our members less than 5000% in profits. That’s exactly why we decided to pump on MEXC, and why this pump will be the biggest we’ve ever seen. As we get closer to the pump, more details will follow , stay tuned! Read pinned post 😊
Читать полностью…Notice of Removal of Spot Trading Pairs - 2023-11-17
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#FLOKI/USDT ANALYSIS
FLOKI appears to have developed a cup and handle pattern, a technically bullish formation. A strong confirmation of bullish sentiment would be achieved through a decisive breakout above the designated horizontal resistance. Conversely, a rejection at this level could signal an impending correction.
#BTC/USDT ANALYSIS
BTC is presently maintaining its position above the mid-term support level after encountering resistance at the local peak. A potential upward movement from this point, coupled with a breakthrough of the horizontal resistance, would serve as a bullish confirmation.
Conversely, a sustained breach of the existing support level would indicate a possible retest of the ascending triangle.
#TRX/USDT ANALYSIS
TRX is moving in an ascending triangle on the weekly timeframe. Currently, it is facing its horizontal resistance. A solid breakout of the triangle would be the bullish confirmation. In case of a rejection, it will continue its movement inside the triangle.
Dear members, With the success of our previous big pump signals #VTS (3500%) #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 : 18-November-2023 Saturday
Time : 4 PM GMT
Pairing : USDT
Exchange : MEXC
We have decided to start pumping on MEXC for multiple reasons. 1st of all, we believe that with our massive buying power we will be able to reach 5000% easily possibly even more. 2nd of all, MEXC doesn't require KYC meaning you can make an account there without verifying your identity and get past any restrictions other exchanges could have. Finally, there is very little hidden sell pressure in the orderbooks. After the previous signal and hours of discussion with our team, we have decided to schedule our next signal in 5 days to make sure that we are fully prepared. Our main goal for this pump signal will be to make sure that every single member in our group makes a massive profit. With our ability to keep creating the most powerful and biggest pumps , we will take every opportunity we can get. We welcome everyone to join us as we create the next big pump all traders and investors all over the world have been waiting for.
We have 5 days to prepare for this massive pump, this event will be the biggest one that we have done in the history of our group and will top our previous ones in terms of % gain. Instructions will be given out in the upcoming days to make sure all our members are prepared for MEXC. We are expecting hundreds of thousands of people all across the world to attend this pump and possibly more than a million people across all social medias will be watching. Be prepared. We will be giving out more information when we are closer to the signal date, stay tuned!
#BTC DOMINANCE ANALYSIS
BTC.D appears to be following a rising wedge pattern, accompanied by a deceptive breakout move. Technically, this pattern is considered bearish.
The MACD crossover indicates a bearish momentum. A persistent breakdown of the wedge would serve as a confirmation of the bearish trend, signaling a potential bull run in Alts.
#BTC/USDT ANALYSIS
BTC pumped with a good volume after the breakout of the ascending triangle. Currently, it is facing horizontal resistance. A solid breakout of the horizontal resistance would be the further bullish confirmation. In case of a retracement, it will retest the triangle.
#XRP/USDT ANALYSIS
XRP is currently exhibiting a symmetrical triangle pattern. Presently, it maintains a position above the Ichimoku cloud and is trading below the trendline of the triangle. The MACD crossover signals a bullish momentum.
A decisive breakout from the triangle would serve as confirmation of the bullish trend. However, if it breaches the Ichimoku cloud, a retest of horizontal support is likely.
#USDT DOMINANCE ANALYSIS
USDT.D has broken down from the descending triangle pattern with a notable increase in volume. Anticipating a continuation of the downward trend.
It is essential to highlight that in the event of a retracement, there is a likelihood of a test of the descending triangle before resuming its bearish trajectory.
It is crucial to note that USDT.D exhibits an inverse correlation to the crypto market.
#BTC/USDT ANALYSIS
BTC experienced a significant increase in volume following the breakout of the ascending triangle, effectively clearing upward liquidity. Subsequently, the price rapidly declined, indicating a downward liquidity grab. Despite this, a successful retest above the triangle ensued.
The current outlook suggests a potential continuation of the bullish momentum. However, in the event of a retracement, another test of the triangle could be in the cards.
#US DOLLAR ANALYSIS
The US dollar has been rejected at the horizontal resistance, and it has also experienced a market structure break. Presently, it is maintaining a position above the 200-day moving average (MA).
A breach below the MA 200 would confirm a downward trend for the dollar. It's important to note its inverse relationship with the crypto market.
#US DOLLAR ANALYSIS
The US dollar has distinctly encountered horizontal resistance and subsequently breached the MA 200. The MACD crossover indicates a bearish momentum.
Anticipation leans towards a continued downward trend in the dollar, potentially signaling a bullish trend for the market, given its inverse relationship.
#RUNE/USDT ANALYSIS
RUNE has broken out of the descending trendline and the Ichimoku cloud on the weekly timeframe, accompanied by significant volume. The MACD crossover indicates a bullish momentum.
A continuation of the upward trend is anticipated either from this point onward or following a successful retest of the trendline.
#BTC/USDT ANALYSIS
After a powerful bullish rally, BTC has recently achieved a higher high and is presently in the process of establishing a higher low. A rebound is anticipated from the current support level.
However, if it fails to maintain a position above this support level, there is a possibility of a retest and the formation of a higher low above the marked horizontal support, further solidifying the upward trend.
#TOTAL MARKET CAP ANALYSIS
The total market cap has experienced significant breakouts above the MA 100, Ichimoku cloud, and the primary horizontal resistance. Historical data reveals strong bullish rallies following breakouts beyond the MA 100 and Ichimoku cloud.
Therefore, there is a high likelihood of a strong bullish rally as long as the market continues to trade above the specified key indicators.
U.S. CPI in 30 mins
Forecast:
CPI y/y: 3.3%
CPI m/m: 0.1%
Core CPI y/y: 4.1%
Core CPI m/m: 0.3%
The #Bitcoin Illiquid Supply metric, which measures the amount of supply held in wallets with minimal history of spending is at an ATH of 15.4M BTC.
Changes in Illiquid Supply often move in tandem with exchange withdrawals, suggesting investors continue to withdraw their coins into custody, with over +1.7M BTC doing so since May 2021.
#ALTS MARKET CAP ANALYSIS
Alts market cap pumped with a decent volume after the breakout of the past high resistance which is now expected to function as a crucial support level.
Presently, there is an ongoing attempt to breach the resistance posed by the horizontal trendline. A candle close above it would be a strong bullish confirmation. On the contrary, a rejection at this level would likely prompt a retest of the horizontal support.
#BTC/USDT ANALYSIS
BTC again got rejected from the horizontal resistance. It might retest the horizontal support of the ascending triangle. Bulls need to regain momentum and a solid breakout of the horizontal resistance would be a strong bullish confirmation.
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#DOT/USDT ANALYSIS
DOT experienced a significant pump following the breakout from the falling wedge. Moreover, it successfully breached the Ichimoku cloud, and presently, it is surpassing both the MA 200 and the key support/resistance level with substantial trading volume.
The ongoing upward momentum is anticipated to persist as long as it maintains trading above the horizontal support.
#S&P 500 ANALYSIS
The S&P 500 has rebounded with a decent volume from the horizontal support, breaking through both the Ichimoku cloud and the descending trendline. Additionally, the MACD crossover is poised to turn bullish.
A continuation of the bullish momentum is anticipated as long as it maintains trading above the trendline. This development also bodes well for the crypto market, given their historical correlation.
#BTC/USDT ANALYSIS
BTC has experienced a breakout above the previous low horizontal resistance on the weekly timeframe. The MACD crossover indicates bullish momentum, suggesting a potential continuation of the upward move. A confirmation of the bullish trend is anticipated with a weekly candle close above the horizontal support.
#MATIC/USDT ANALYSIS
MATIC has effectively sustained its bullish momentum after the breakout from the falling wedge pattern. Presently, it encounters a challenge at the MA 200 and the horizontal resistance levels.
A decisive breakout above these levels would serve as confirmation for the continuation of the bullish trend. Conversely, a rejection could lead to the formation of a higher low above the Ichimoku cloud, signaling a potential shift in momentum.
BREAKING: BlackRock has filed to register a new iShares Ethereum Trust entity in Delaware
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