#BTC/USDT ANALYSIS
BTC was rejected from the MA 100 and the Ichimoku cloud. The price has come inside the triangle and is holding above the horizontal support. A sustained breakdown of the triangle would confirm bearish sentiment, while a solid breakout of the Ichimoku cloud would signal bullish momentum.
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Читать полностью…#TRX/USDT ANALYSIS
TRX has formed an inverse head and shoulders pattern. Currently, it is trading below its neckline resistance, where the MA 200 is also acting as resistance. The Ichimoku cloud indicates a bullish trend. A solid breakout above the horizontal resistance would confirm the bullish direction, while a rejection would signal a correction.
#BTC/USDT ANALYSIS
BTC has been rejected from the Ichimoku cloud and is now retesting above the descending triangle. The MA 200 is indicating a bullish trend. A successful retest or breakout of the Ichimoku cloud would confirm bullish sentiment, while a sustained breakdown below the MA 200 would signal a market correction.
#ETH/USDT ANALYSIS
ETH is moving in a descending triangle. It was rejected from the MA 100 and the Ichimoku cloud resistance. Further movement within the triangle is expected until a solid breakout or breakdown occurs.
#BTC/USDT ANALYSIS
BTC has broken out of the descending triangle and is currently retesting above it. A successful retest would confirm bullish momentum, while a failed retest would indicate a potential correction in the market.
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Читать полностью…#APE/USDT buy setup
APE is breaking out of the descending triangle with a decent volume and showing momentum. It looks ready for the upward move.
#BTC/USDT ANALYSIS
BTC broke out of the descending triangle after undergoing a deviation below it. Currently, it is retesting above the triangle and encountering resistance from the Ichimoku cloud. A solid break above the Ichimoku cloud would confirm bullish momentum. Conversely, a failed retest would indicate further movement within the triangle.
#BTC DOMINANCE ANALYSIS
BTC.D is currently forming a rising wedge pattern on the weekly timeframe. It appears to be bouncing from its support trendline. The RSI is in the overbought region.
A sustained breakdown of the rising wedge would confirm bearish sentiment. If BTC.D moves downward while BTC moves sideways or remains bullish, that would be a bullish sign for altcoins.
#DOGE/USDT ANALYSIS
DOGE is moving in a descending triangle. It is on the verge of a breakout, where the MA 100 and the Ichimoku cloud are acting as resistance. A solid breakout of the triangle would confirm bullish momentum, while a rejection would indicate further consolidation within the triangle.
#BTC/USDT ANALYSIS
BTC has broken out of the descending channel and is currently retesting above it. The MA 50 is acting as support. The Ichimoku cloud is serving as resistance. A successful retest or a break above the Ichimoku cloud would confirm bullish momentum. If the price enters the channel, further movement within the channel is also expected.
#SHIB/USDT buy setup
SHIB breakout the triangle after a bullish rally. An upward move is expected from here.
#BONK/USDT buy setup
BONK breakout the triangle with a decenet volume and a continuation of the bullish move is expected.
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Читать полностью…#US DOLLAR ANALYSIS
The US dollar has been rejected from horizontal resistance. Currently, it is trading above the symmetrical triangle, where the MA 100 and the Ichimoku cloud are also acting as support.
A bounce could be expected from here, and a solid breakout of the horizontal resistance would confirm bullish momentum. A price breakdown of the Ichimoku cloud would indicate a bearish trend. It's noteworthy that the dollar often moves inversely to the crypto market.
#RSR/USDT buy setup
RSR breakout the symmetrical triangle. MA 50 is showing a bullish trend. An upward move is expected in it.
#TOTAL MARKET CAP ANALYSIS
The total market cap has broken out of the falling wedge and is retesting above it. The Ichimoku cloud is acting as resistance.
A successful retest or a solid break above the Ichimokuy cloud would be the bullish confirmation. If the price retraces inside the falling wedge, we might expect further movement within the wedge.
#AGIX/USDT buy setup
AGIX breakout the triangle with a successful retest. The Ichimoku cloud is showing a bullish trend. It also breakout the MA 100 and an upward direction is expected.
#ALTS MARKET CAP ANALYSIS
The altcoin market cap pumped following a fake breakdown of the descending triangle and after reclaiming it. Currently, it has rallied subsequent to the breakout from the descending triangle and is now trading around the Ichimoku cloud.
A successful retest of the triangle or consecutive candle closes above the Ichimoku cloud would confirm the bullish trend. If the price retreats back inside the triangle, the breakout would be deemed a fake out, potentially leading to further movement within the triangle pattern.
#SOL/USDT ANALYSIS
SOL has broken out of the descending channel, successfully retesting above it. The 200-day moving average indicates a bullish trend. Currently, the price is within the Ichimoku cloud, signaling indecision. A break above the Ichimoku cloud would confirm further bullish sentiment, while a rejection would suggest another retest of the channel.
#ID/USDT buy setup
ID breakout the symmetrical triangle with a successful retest. The Ichimoku cloud is showing a bullish trend. Now it will continue its bullish direction.
#KEY/USDT
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#MATIC/USDT buy setup
MATIC breakout the triangle and with candle closes above it. Now it looks ready for the upward direction.
#S&P 500 ANALYSIS
The S&P 500 is gaining momentum again after testing the MA 21 support. The Ichimoku cloud indicates a bullish trend, suggesting a continuation of the upward movement from here.
In the event of a retracement, it is likely to retest the horizontal support of the triangle. It's important to note that it tends to correlate with the movements of the crypto market.
#COTI/USDT buy setup
COTI breakout the triangle and showing momentum. Now it is on the bullish ride.
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