#BTC/USDT ANALYSIS
BTC breaks out the symmetrical triangle with a good volume on the weekly timeframe. MACD crossover has turned bullish. A weekly candle close above the triangle or a successful retest would be the confirmation of the continuation of the bullish move.
BTC breaks out the symmetrical triangle with a good volume on the weekly timeframe. MACD crossover has turned bullish. A weekly candle close above the triangle or a successful retest would be the confirmation of the continuation of the bullish move.
#LUNC/USDT ANALYSIS
After a strong bullish rally, LUNC broke out of the falling wedge pattern. The 100-day moving average (MA) is acting as support at the retest level. A successful retest above the falling wedge would confirm the continuation of the bullish move.
After a strong bullish rally, LUNC broke out of the falling wedge pattern. The 100-day moving average (MA) is acting as support at the retest level. A successful retest above the falling wedge would confirm the continuation of the bullish move.
IDEX analysis:
The price has rebounded from the support area, indicating it may move towards the local resistance area. You can either place your buy orders in the support area or wait for a break above the local resistance area to enter the market.
Support Area: $0.047-$0.049
Local Resistance Area: $0.060-$0.062
The price has rebounded from the support area, indicating it may move towards the local resistance area. You can either place your buy orders in the support area or wait for a break above the local resistance area to enter the market.
Support Area: $0.047-$0.049
Local Resistance Area: $0.060-$0.062
#S&P 500 ANALYSIS
The S&P 500 has continued its bullish momentum following the breakout of both the rising wedge and the horizontal resistance, with the latter now serving as a horizontal support.
The Ichimoku cloud indicates a bullish trend, while the MACD crossover signals bullish momentum. A further bullish move is anticipated as long as it maintains trading above the horizontal support level.
The S&P 500 has continued its bullish momentum following the breakout of both the rising wedge and the horizontal resistance, with the latter now serving as a horizontal support.
The Ichimoku cloud indicates a bullish trend, while the MACD crossover signals bullish momentum. A further bullish move is anticipated as long as it maintains trading above the horizontal support level.
#BTC/USDT ANALYSIS
BTC is attempting to break out of the horizontal resistance, and there is also a ton of liquidity above the marked high. The MACD crossover is showing bullish momentum.
A solid candle close or a retest above the horizontal resistance would be the confirmation of a bullish continuation, and if the price rejects the horizontal resistance, a correction is also expected.
BTC is attempting to break out of the horizontal resistance, and there is also a ton of liquidity above the marked high. The MACD crossover is showing bullish momentum.
A solid candle close or a retest above the horizontal resistance would be the confirmation of a bullish continuation, and if the price rejects the horizontal resistance, a correction is also expected.
Bitcoin has climbed above the $48,000 mark, marking a positive development. However, it's crucial to note that this level serves as a significant resistance zone, extending up to $50,000. Additionally, $50,000 is a psychological barrier for traders. It remains to be seen how the price will respond as it approaches this resistance area.
#SUPER/USDT ANALYSIS
SUPER break out the ascending triangle with a high volume. The Ichimoku cloud indicates a bullish trend, while the MACD crossover signals bullish momentum. A continuation of this bullish move is anticipated, and a potential retest presents a promising opportunity.
SUPER break out the ascending triangle with a high volume. The Ichimoku cloud indicates a bullish trend, while the MACD crossover signals bullish momentum. A continuation of this bullish move is anticipated, and a potential retest presents a promising opportunity.
IOTA analysis:
The current price is being tested against a resistance area, which has resulted in some selling. If the price can break above this resistance area, we expect to see a move towards the $0.35 level. However, if the price is rejected from the resistance area, it will likely drop towards the support area.
Support Area: $0.195-$0.204
Resistance Area: $0.265-$0.275
The current price is being tested against a resistance area, which has resulted in some selling. If the price can break above this resistance area, we expect to see a move towards the $0.35 level. However, if the price is rejected from the resistance area, it will likely drop towards the support area.
Support Area: $0.195-$0.204
Resistance Area: $0.265-$0.275
#BTC DOMINANCE ANALYSIS
BTC.D is moving in a descending triangle on the daily timeframe. Currently, it is near the trendline resistance. The RSI is in the overbought region and forming a bearish divergence.
A rejection could be a possible scenario from the trendline. A drop in BTC.D while BTC moves sideways or shows a bullish sign would be a strong bullish sign for Alts.
BTC.D is moving in a descending triangle on the daily timeframe. Currently, it is near the trendline resistance. The RSI is in the overbought region and forming a bearish divergence.
A rejection could be a possible scenario from the trendline. A drop in BTC.D while BTC moves sideways or shows a bullish sign would be a strong bullish sign for Alts.
Bitcoin is currently trading at a resistance area. On lower time frames, there is a small symmetric triangle that needs to be watched closely to see which side it breaks. The price needs to maintain its local support, otherwise, there may be a test of the $45,000 area.
Local Support Area: $46,700-$47,200
Local Support Area: $46,700-$47,200
#BTC/USDT ANALYSIS
BTC has broken out of the symmetrical triangle pattern with a strong candle close on the weekly timeframe. The MACD crossover indicates bullish momentum, while the RSI is in the overbought region. A retest of the triangle could be a possible scenario before the commencement of another bullish rally.
BTC has broken out of the symmetrical triangle pattern with a strong candle close on the weekly timeframe. The MACD crossover indicates bullish momentum, while the RSI is in the overbought region. A retest of the triangle could be a possible scenario before the commencement of another bullish rally.
ETH Analysis:
The price has successfully breached the local resistance area and is currently testing the trendline resistance. A breakout above this trendline could propel the price towards the $3000 level. It's important to monitor the resistance area closely for potential price movements.
Local Support Area: $2380-$2420
The price has successfully breached the local resistance area and is currently testing the trendline resistance. A breakout above this trendline could propel the price towards the $3000 level. It's important to monitor the resistance area closely for potential price movements.
Local Support Area: $2380-$2420
#API3/USDT ANALYSIS
API3 has broken out of the ascending triangle pattern with decent volume. The 21-day moving average (MA 21) indicates a bullish trend, while the MACD crossover suggests bullish momentum. A continuation of the bullish move is anticipated either from this point or following a successful retest of the triangle.
API3 has broken out of the ascending triangle pattern with decent volume. The 21-day moving average (MA 21) indicates a bullish trend, while the MACD crossover suggests bullish momentum. A continuation of the bullish move is anticipated either from this point or following a successful retest of the triangle.
#ALTS MARKET CAP ANALYSIS
The market cap of ALTs is forming an ascending triangle pattern and has sustained its bullish momentum after breaking out of the Ichimoku cloud.
Presently, it is encountering horizontal resistance. A decisive breakout from the ascending triangle would confirm a strong bullish rally in ALTs.
The market cap of ALTs is forming an ascending triangle pattern and has sustained its bullish momentum after breaking out of the Ichimoku cloud.
Presently, it is encountering horizontal resistance. A decisive breakout from the ascending triangle would confirm a strong bullish rally in ALTs.
Bitcoin has recently experienced a significant surge in price and has reached the $50,000 level. Currently, the price is trading near this key psychological level. If Bitcoin is able to sustain this level, then we may see positive momentum in the entire cryptocurrency market. However, if there is a rejection at this level, the price may fall towards the local support zone of $46,700-$47,200.
#BTC/USDT ANALYSIS
BTC continued its bullish move after breaking out of the triangle, accompanied by increasing volume. The RSI is in the overbought region. With the volume remaining strong, we may witness a continuation of the bullish trend, or a retest of the triangle could be a plausible scenario.
BTC continued its bullish move after breaking out of the triangle, accompanied by increasing volume. The RSI is in the overbought region. With the volume remaining strong, we may witness a continuation of the bullish trend, or a retest of the triangle could be a plausible scenario.