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PREVIOUS INVESTMENT RECOMMENDATIONS BTC 710% (BitMEX) EVX 99% (BINANCE) ADA 284% (BitMEX) ENJ 100% (BINANCE) CHAT 86% (BINANCE) WPR 100% (BINANCE) SNGLS 91% (BINANCE) DATA 150% (BINANCE) DLT 118% (BINANCE) FUEL 75% (BINANCE) VIP inquiries @cryptomasterC
#ALTS MARKET CAP ANALYSIS
The Alts market cap is moving within an ascending triangle pattern. It recently faced rejection from the horizontal resistance and is currently trading above the trendline support, where the Ichimoku cloud is also providing support.
An upward move is expected as long as it continues trading above the trendline support, while a breakdown and retest of the triangle would confirm a bearish scenario.
#BTC/USDT ANALYSIS
BTC surged after retesting the horizontal support, where the 50 MA is also acting as support.
An upward move is expected for however long it is trading above the horizontal support. Bulls need a bullish candle close for a strong confirmation.
#BTC DOMINANCE ANALYSIS
BTC.D is currently moving within a symmetrical triangle and trading above the trendline support, while the Ichimoku cloud continues to act as resistance.
A bounce from the current support level followed by a breakout and successful retest of the triangle would confirm bullish momentum. On the other hand, a breakdown and retest below the triangle would confirm a bearish scenario.
It is important to note that BTC Dominance usually moves inversely to the altcoin market cap, meaning a rise in BTC.D often puts pressure on altcoins, while a decline tends to favor altcoin growth.
#BTC/USDT ANALYSIS
BTC got rejected from the 200MA and currently it is moving toward the horizontal support, where 50MA is also acting as support.
The horizontal support is a key area for bulls to regain momentum. In case of a breakdown retest of the horizontal support, a further downward move could also be expected.
#ROBO/USDT
ROBO pumped +17% so far after the breakout of the falling wedge as predicted.
#XRP/USDT ANALYSIS
XRP is moving in an ascending triangle. Currently, it is holding above the trendline support, where the Ichimoku cloud is also acting as support.
An upward move is expected, if it continues to trade above the trendline, while a breakdown retest of the triangle would be a bearish confirmation.
#USDT DOMINANCE ANALYSIS
USDT.D is moving in a descending triangle. Currently it is facing the resistance trendline.
A rejection from here is possible, while a breakout retest of the triangle would be the bullish confirmation.
We've to note that it works inversely proportional to the crypto market.
#BTC/USDT ANALYSIS
BTC went down after the breakdown retest of the ascending triangle. Currently, it breakdown the S/R level, which is now acting as a resistance.
A downward move toward the lower marked horizontal support is expected as long the price is below the S/R level, while reclaimation of the S/R level would be a sign of bullish momentum back in the market.
#GPS/USDT BUY SETUP
GPS has successfully broken out of the symmetrical triangle with strong volume confirmation, indicating increasing bullish momentum in the market. The breakout shows that buyers are stepping in aggressively and pushing the price toward higher levels.
#TOTAL MARKET CAP ANALYSIS
Total market cap pumped after the breakout of the symmetrical triangle, and it reclaimed the horizontal resistance, which is now acting as a horizontal support.
Currently, it retested above the horizontal support and an upward move is expected for however long it is trading above it.
#BTC/USDT ANALYSIS
BTC went down after the breakdown and retest of the triangle and we've seen a correction in the market as expected.
Currently, it is trading above the mid marked horizontal supoort. A bounce could be expected from here, while a breakdown retest of the marked support would be a sign of further correction in the market.
#ROSE/USDT BUY SETUP
ROSE breakout the descending trendline and reclaimed the S/R level with a good volume. The Ichimoku cloud is showing a bullish trend. It is preparing for an upward move.
#ARPA/USDT
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#STORJ/USDT ANALYSIS
STORJ has broken out of the falling wedge with strong volume and is currently retesting above it. An upward move is expected as long as it continues trading above the falling wedge support.
#FIDA/USDT
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#DASH/USDT ANALYSIS
DASH is moving in a ascending channel followed by an upward move. Currently it is trading below the resistance trendline.
We've to keep an eye on a breakout retest of the channel for the bullish confirmation, until that we might see further movement in between the channel.
#S&P 500 ANALYSIS
S&P 500 is continuing its strong bullish trend inside the long-term ascending channel. Currently it is trading near the resistance trendline of the channel.
A rejection from this resistance could trigger a short-term correction, while a successful breakout and retest above the channel would confirm further bullish continuation.
#BTC/USDT ANALYSIS
BTC pumped after the breakout retest of the long descending trendline and it is also trading above the key horizontal support, where 50MA is also acting as support.
It got rejected from the 200MA and trading above the 50MA and the horizontal support.
The trend remains bullish as long as the price is above the horizontal support, however small corrections could happen.
#ROBO/USDT ANALYSIS
ROBO is moving in a falling wedge. It is attempting a breakout. A breakout with a candle close or a successful retest would be a bullish confirmation.
In case of a rejection we might see further movement inside the wedge until a solid breakout or breakdown occurs.
#US DOLLAR ANALYSIS
US dollar is trading below the descending triangle, indicating continued bearish pressure. The Ichimoku cloud is also showing a bearish trend, while the highlighted horizontal zone is acting as a key resistance area.
As long as DXY remains below the resistance and the descending triangle, further downside or sideways movement is expected. A clear breakout above the resistance zone would be needed to shift the momentum bullish.
#BABY/USDT ANALYSIS
BABY breakout the descending trendline and reclaimed the S/R level with a good volume.
Currently, it is retesting above it and an upward move is expected for however long it is trading above the marked horizontal support.
#BTC/USDT ANALYSIS
BTC pumped from the marked horizontal support just as expected and again it got rejected below the trendline and the horizontal resistance.
Further movement in between the horizontal support and resistance is expected until a solid breakout or breakdown occurs.
#IMX/USDT BUY SETUP
IMX breakout the inverse head and shoulder pattern with a successful retest. The Ichimoku cloud is showing a bullish trend. It is getting ready for the upward move.
#BTC/USDT ANALYSIS
BTC went down after the breakdown of the triangle and we've seen a short term correction in the market.
It rebounded but it is still trading below the triangle. Bulls need to reclaim the triangle for a solid bullish confirmation.
#BTC DOMINANCE ANALYSIS
BTC.D is retesting above the triangle. A successful retest would be a bullish confirmation, while a failed retest would be a sign of a downward move toward the triangle support trendline.
An upward move in BTC.D while BTC moves sideways or bearsih could be a sign of correction in the Alts.
If BTC.D moves downward while BTC moves sideways or bullish that could be a strong bullish sign for Alts.