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#BTC DOMINANCE ANALYSIS
BTC Dominance has broken down from a rising wedge pattern with significant volume, indicating potential weakness. It is currently trading within the Ichimoku Cloud, which is acting as a key support zone.
A clear breakdown below the cloud would signal further downside in dominance. This could trigger another bullish rally in the altcoin market—watch closely for confirmation.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
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Читать полностью…#BTC/USDT ANALYSIS
Bitcoin is forming a cup and handle pattern on the daily timeframe, with price currently consolidating within the handle.
The Ichimoku Cloud is acting as strong support, reinforcing bullish momentum at this level.
A breakout above the handle would confirm the pattern and likely lead to a new high.
Conversely, a breakdown below the handle would invalidate the setup and signal potential weakness.
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Читать полностью…#DYDX/USDT ANALYSIS
DYDX is consolidating within a descending triangle pattern and has recently broken above the resistance trendline.The 21MA is acting as support, indicating bullish strength at the breakout level.
A successful retest of the breakout level would confirm bullish continuation. Keep a close watch for confirmation to validate the trend shift.
📊 UPDATE: Saylor didn’t sell any $MSTR stock to fund MicroStrategy’s $110M Bitcoin buy, proceeds came entirely from $STRK and $STRF at-the-market sales.
Читать полностью…#BTC/USDT ANALYSIS
Bitcoin is consolidating within a descending channel and currently facing rejection from the resistance trendline.The 50MA and 100MA are providing strong support below the price action.
A breakdown below this support may lead to further downside, while a bounce could trigger a potential breakout.
A confirmed breakout of the channel would signal a shift toward a bullish trend—closely monitor this setup.
#ICP/USDT ANALYSIS
ICP is currently consolidating within a symmetrical triangle pattern and gaining momentum from the support trendline.
The Ichimoku Cloud is also indicating bullish momentum. A decisive breakout above the triangle, followed by a successful retest, would confirm a bullish trend.
#US DOLLAR ANALYSIS
The US Dollar is currently trading within a horizontal demand zone, while the Ichimoku Cloud is acting as a resistance barrier above the price.
A breakdown below this zone could lead to further downside, but a potential bounce from this level is also possible. Monitor upcoming price action closely for confirmation.
Given the US Dollar’s typical inverse relationship with the crypto market, this development could be especially significant for crypto traders.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a falling wedge pattern and is currently rebounding from the pattern’s support trendline. The 50MA is also acting as strong support, indicating bullish strength. A breakout above the wedge would confirm a bullish trend. Keep a close watch on this setup.
#TOTAL MARKET CAP ANALYSIS
The total crypto market cap is consolidating within a descending channel and is currently trading just below the channel's resistance trendline.
The Ichimoku Cloud is also acting as a key resistance barrier above the price. A decisive breakout above the channel, followed by a successful retest, would confirm a bullish reversal and could trigger a strong rally across the crypto market.
X (formerly Twitter) has announced a partnership with Polymarket, naming it the platform’s official prediction market partner. Polymarket is a decentralized prediction market protocol that allows users to trade on the outcomes of real-world events using crypto assets.
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Читать полностью…#WOO/USDT ANALYSIS
WOO is currently consolidating within an ascending triangle pattern, rebounding from the support trendline. The Ichimoku Cloud is acting as dynamic support, reinforcing the bullish momentum.
A decisive breakout above the triangle's resistance could signal the continuation of an upward trend. Monitor price action closely for confirmation of a breakout or potential reversal.
#S&P 500 ANALYSIS
The S&P 500 is consolidating within an ascending broadening wedge pattern, with both the 21MA and 50MA showing bullish momentum.
This setup suggests the potential for further upward movement in the short term.
A breakout above the wedge would invalidate the bearish implications of the pattern. However, a breakdown below the moving averages could signal the start of a downward trend.
Notably, the S&P 500’s price action often aligns with cryptocurrency market trends, making it a crucial indicator of broader market sentiment.
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Читать полностью…#USDT DOMINANCE ANALYSIS
USDT Dominance is currently being rejected from the resistance trendline of a descending triangle pattern, with the Ichimoku Cloud acting as a resistance barrier above the price action.
A confirmed breakdown below the pattern could trigger further downside. Monitor closely for a decisive breakout or breakdown to determine the next move.
Given USDT Dominance’s inverse correlation with the broader crypto market, a decline here may indicate strengthening bullish momentum across the crypto space.
#BTC/USDT ANALYSIS
After rebounding from the horizontal demand zone of the descending triangle pattern, the price is now facing rejection at the pattern’s resistance trendline.
The Ichimoku Cloud is also acting as a resistance barrier above the price action.
A breakout above both the trendline and the cloud would signal a potential bullish trend.
Alternatively, the price may continue to consolidate within the pattern until a decisive move occurs.
#REZ/USDT BUY SETUP
REZ is consolidating within a falling wedge pattern and is currently rebounding from the support trendline. This suggests a potential bounce, and a breakout above the wedge could trigger a strong bullish rally.
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