The Crypto Express

04 Sep 2024 17:39

CFTC issues order against Uniswap Labs for offering illegal digital asset derivatives trading 👀

The Crypto Express

04 Sep 2024 11:39

#IDEX/USDT ANALYSIS

IDEX is gaining momentum from the support trendline of a falling wedge pattern. It’s currently trading below the Ichimoku Cloud, which is serving as resistance.

A breakout above the Ichimoku Cloud and the wedge pattern could signal the start of a bullish trend.

The Crypto Express

04 Sep 2024 09:17

US spot bitcoin ETFs see $287 million in net outflows, largest negative flows since May

The Crypto Express

04 Sep 2024 06:28

Trump family members hacked to promote apparent crypto scam

The Crypto Express

03 Sep 2024 17:56

SEC charges crypto-focused advisory firm Galois Capital for custody failures

The Crypto Express

03 Sep 2024 15:16

#TON/USDT ANALYSIS

TON is consolidating firmly within a descending triangle, currently trading just above a key horizontal demand zone.

The Ichimoku Cloud overhead is acting as a strong resistance barrier.

A decisive breakout from both the triangle and the Ichimoku Cloud would likely trigger a significant bullish rally in TON.

Conversely, if TON breaks down from the triangle, it could lead to a further decline in price.

The Crypto Express

03 Sep 2024 08:51

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within an ascending triangle on the weekly timeframe, signaling potential bullish momentum. Trading above the Ichimoku Cloud, which acts as a dynamic support, further reinforces this strength.

The cloud’s support combined with the pattern’s structure suggests that Bitcoin may be gearing up for a breakout.

However, it’s crucial to wait for a decisive move beyond the triangle's resistance or a breakdown below the support level to confirm the next directional move.

Until then, patience is key as the market could go either way depending on forthcoming price action.

The Crypto Express

02 Sep 2024 16:18

#ETH/USDT ANALYSIS

ETH is currently consolidating within an ascending broadening wedge pattern, trading just above the support trendline. Both the 200MA and 100MA are acting as strong support, contributing to the bullish momentum.

A bounce from the trendline is likely if this momentum holds. However, if ETH breaks below the support trendline, it could signal further correction.

The Crypto Express

02 Sep 2024 08:23

#BTC/USDT ANALYSIS

Bitcoin is currently encountering resistance from both the 100-day moving average and the Ichimoku Cloud, which are positioned above the current price action.

The bitcoin is trading within a descending broadening wedge pattern, with the 200-day moving average providing support just above the wedge's lower trendline.

Further price action developments are needed before taking any decisive action.

The Crypto Express

01 Sep 2024 20:29

#BTC DOMINANCE ANALYSIS

BTC.D is consolidating within an ascending triangle, currently trading above the Ichimoku Cloud, which is providing strong support and indicating positive momentum. A decisive breakout or breakdown from this pattern will be crucial in determining BTC.D’s next move.

It's important to highlight that BTC.D generally has an inverse relationship with the altcoin market cap, making this level particularly significant for assessing broader market trends.

The Crypto Express

01 Sep 2024 08:27

#BTC/USDT ANALYSIS

Bitcoin continues to trade within a symmetrical triangle, currently hovering above the support trendline. The Ichimoku Cloud serves as a resistance level, capping the price action. A decisive breakout or breakdown from the triangle is needed to confirm the next move for BTC.

The Crypto Express

31 Aug 2024 13:52

#TON/USDT ANALYSIS

TON is consolidating within a bearish pennant pattern, currently trading just above the support trendline. The Ichimoku Cloud indicates bearish momentum.

A breakdown from the pennant could lead to further downward movement. Conversely, a breakout above the resistance trendline would invalidate the bearish pennant pattern.

The Crypto Express

30 Aug 2024 20:37

#USDT DOMINANCE ANALYSIS

USDT.D is currently trading within an ascending channel, with both the 21-day moving average and the Ichimoku Cloud indicating strong bullish momentum. This suggests a potential continuation of the trend.

However, to confirm the next significant move, it's crucial to wait for a decisive breakout above the channel, signaling further dominance by USDT, or a breakdown below, which could indicate a reversal.

Given that USDT.D typically moves inversely to the broader cryptocurrency market, these movements could have implications for overall market direction.

The Crypto Express

30 Aug 2024 12:01

#BEAMX/USDT ANALYSIS

BEAMX is currently trading within a descending broadening wedge pattern and is rebounding from the support trendline. The Ichimoku Cloud is acting as a resistance barrier, limiting upward movement. To confirm the next move for BEAMX, it's crucial to wait for a decisive breakout from the pattern.

The Crypto Express

30 Aug 2024 06:14

Binance Will Support the Cardano (ADA) Network Upgrade & Hard Fork
https://www.binance.com/en/support/announcement/8d18c0b0eb3d4772818b053b9bf2f6d0

The Crypto Express

04 Sep 2024 14:56

#FTT/USDT ANALYSIS

FTT is rebounding from the horizontal demand zone within a descending triangle and is currently consolidating inside the pattern.

The 100-day moving average is acting as resistance above the triangle.

A strong breakout above both the 100MA and the triangle, followed by a successful retest, would confirm a bullish trend.

The Crypto Express

04 Sep 2024 10:06

Polygon developers transition MATIC token to POL 👈

The Crypto Express

04 Sep 2024 07:09

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a descending triangle, with a sharp rejection from the descending resistance trendline.

The price is now holding above the horizontal demand zone within the triangle, while the Ichimoku Cloud is acting as overhead resistance.

It’s crucial to wait for a decisive breakout or breakdown of the pattern. Keep a close watch on this setup.

The Crypto Express

03 Sep 2024 21:14

#TOTAL MARKET CAP ANALYSIS

The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern, a structure often associated with potential reversals.

However, the Ichimoku Cloud is exerting significant resistance above the current price, leading to recent rejections at key levels. This resistance suggests that the market could experience further declines in the near term.

On the other hand, if the price manages to break above the Ichimoku Cloud, it would signal a shift in momentum, potentially leading to an upward movement across the crypto market.

This breakout could indicate a reversal of the current trend and open the door for a broader recovery in market prices.

The Crypto Express

03 Sep 2024 16:42

Is #Bitcoin Poised for a Turnaround? Short-Term Sharpe Ratio Mirrors September-October 2023 Levels!

“For those with a bullish outlook, the current dip in the Sharpe ratio might suggest an upcoming period of recovery... a bearish interpretation could see this as an indication of sustained volatility.

The Crypto Express

03 Sep 2024 12:31

#FLUX/USDT ANALYSIS

FLUX is currently exhibiting strong momentum, but it’s encountering resistance at a key horizontal supply zone. Despite this rejection, the Ichimoku Cloud beneath the price action indicates underlying bullish strength, suggesting the potential for further upward movement.

A breakout above the supply zone, followed by a successful retest, would provide a strong bullish confirmation, signaling the continuation of the upward trend.

The Crypto Express

02 Sep 2024 20:29

#ALTS MARKET CAP ANALYSIS

The ALTS market cap is currently consolidating within a symmetrical triangle, reflecting a phase of indecision with the potential for a significant move upon breakout or breakdown.

The 200MA is providing strong support, indicating bullish strength, while the 100MA is acting as a resistance barrier.

This resistance heightens uncertainty, suggesting that a decisive move above the 100MA could trigger a bullish breakout, while a breakdown below the triangle may confirm a bearish trend.

The Crypto Express

02 Sep 2024 15:13

NEW: #Bitcoin miners sold 2,655 BTC (💵 $154M) in the last two days 👀

The Crypto Express

02 Sep 2024 07:03

Binance Will Support the Horizen (ZEN) Network Upgrade
https://www.binance.com/en/support/announcement/3b81225bef064f4ab418dc5d0fd13db6

The Crypto Express

01 Sep 2024 13:45

#SUI/USDT ANALYSIS

SUI has broken out of the descending channel with strong volume, signaling a potential shift in momentum. However, it's currently facing resistance from the Ichimoku Cloud, which has rejected further upward movement.

A retest of the channel's breakout level is possible, and a successful break above the Ichimoku Cloud resistance could confirm the start of a bullish trend.

The Crypto Express

31 Aug 2024 21:04

#S&P 500 ANALYSIS

The S&P 500 has recently completed a breakout from a cup-and-handle pattern, followed by a successful retest of the neckline, reinforcing the bullish trend. The Ichimoku Cloud is also signaling strong bullish momentum, further supporting the upward trajectory.

At present, the S&P 500 is advancing but encountering resistance at a key horizontal level. A breakout above this resistance could lead to continued upward movement.

However, traders should also be cautious of the possibility of a double top forming at this resistance level, which could indicate a weakening of the bullish trend and suggest a potential reversal.

The market's next move will likely be pivotal in determining the S&P 500's near-term direction.

The Crypto Express

31 Aug 2024 06:01

#BTC/USDT ANALYSIS

Bitcoin is currently consolidating within a symmetrical triangle, rebounding from the support trendline. The Ichimoku Cloud is serving as an indecision zone, adding to the uncertainty. To confirm the next direction for BTC, we need to wait for a decisive breakout or breakdown.

The Crypto Express

30 Aug 2024 14:25

Lowest Bitcoin Hash Price Indicating the Buy Opportunity

“The highlighted sections in the chart indicate periods where the Hash Price dropped to lower levels, corresponding to times when #Bitcoin prices were also at or near their lowest points.

The Crypto Express

30 Aug 2024 07:47

#BTC/USDT ANALYSIS

Bitcoin has recently broken down from an ascending triangle pattern. After retesting the 100-day moving average, which is now acting as resistance, the price remains below this level.

However, Bitcoin is currently trading above the Ichimoku Cloud, which is providing support and indicating ongoing momentum. A breakdown below the Ichimoku Cloud could signal further downward movement for BTC.

On the other hand, a bounce from the current level, where the price is trading, could indicate a potential reversal.

The Crypto Express

29 Aug 2024 20:43

#US DOLLAR ANALYSIS

The US dollar has recently broken down from a symmetrical triangle pattern with significant volume, indicating potential bearish momentum.

It is currently undergoing a retest of the broken support level, and a successful retest would confirm the onset of a bearish trend. However, if the retest fails, the dollar may enter a phase of further consolidation within the triangle.

Notably, this development could be positive for the crypto market, as the US dollar and cryptocurrencies often exhibit an inverse relationship.