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#BTC/USDT ANALYSIS

BTC is gaining momentum after reclaiming the horizontal support. MACD crossover is showing bullish momentum. The MA 200 is indicating a positive trend. A bullish move is anticipated for however long it is trading above the horizontal support.


@BitAssist
#BTC/USDT ANALYSIS

BTC has recorded a positive weekly candle close and is currently trading below the MA 100 but above the horizontal support level. A definitive breakout above the MA 100 would serve as a bullish confirmation. Conversely, if there is a breakdown of the horizontal support, it is likely to retest the ascending trendline.


@BitAssist
#BTC/USDT ANALYSIS

BTC has sustained its bullish momentum following a successful test of the ascending trendline and the reclaiming of horizontal support. Currently, it has surpassed the MA 100 but is encountering resistance from both the horizontal level and the Ichimoku cloud.

A definitive breakthrough of the Ichimoku cloud would serve as a strong bullish confirmation. Conversely, a rejection at this point may indicate a consolidation phase between the support and resistance zones.


@BitAssist
#BTC DOMINANCE ANALYSIS

BTC.D has bounced after breaking the horizontal resistance. Currently, it is trading inside the Ichimoku cloud and below the MA 50. A breakout of the Ichimoku cloud would be a bullish confirmation, while a rejection from the MA 50 and the Ichimoku cloud would signal a correction.

If BTC.D and BTC experience a pump, that would indicate new money entering the market. Conversely, a rejection in BTC.D while BTC moves upward or exhibits sideways movement would be a bullish sign for altcoins.


@BitAssist
#BTC/USDT ANALYSIS

BTC has faced rejection at the H4 horizontal resistance and is currently making an effort to maintain a position above the MA 200.

A breach below the MA 200 would signal a potential downward movement towards the horizontal support, where the Ichimoku cloud is providing additional support.

A successful bounce from this level, coupled with a breakout above the horizontal resistance, would serve as a bullish confirmation.


@BitAssist
#BTC/USDT ANALYSIS

BTC has been rejected by both the horizontal and Ichimoku cloud resistances. Presently, it is heading towards horizontal support.

A bounce is anticipated from the horizontal support, and if it manages to breach the horizontal support, it will likely test the ascending trendline support.

Expect consolidation within the designated zones until a definitive breakout or breakdown materializes.
#BTC/USDT ANALYSIS

BTC has formed an inverse head and shoulder pattern. Currently, it is facing horizontal resistance. The Ichimoku cloud is showing a bullish trend. A solid breakout of the triangle would be the bullish confirmation. In case of rejection, it might face a short-term correction.
#BTC/USDT ANALYSIS

BTC is currently making an attempt to break out of the horizontal resistance, with the MA 50 serving as a supportive factor. The price is on the verge of breaking through the Ichimoku cloud.

A decisive breach of the horizontal resistance would serve as a confirmation of bullish momentum. Conversely, a rejection at this point could indicate a potential retest of the ascending trendline.
#BTC/USDT ANALYSIS

BTC has formed an inverse head and shoulder pattern and is currently attempting to break out of the horizontal resistance. However, it has recently faced rejection from this resistance level. Nevertheless, it is trading above the MA 200, the ascending trendline, and the Ichimoku cloud.

A solid breakout above the horizontal resistance is essential for confirming a bullish trend. Conversely, if the resistance holds and there is a sustained breakdown of the Ichimoku cloud, it could signal a potential correction in the market.
#BTC/USDT ANALYSIS

BTC is currently trading within a symmetrical triangle on a 4-hour timeframe. The price is situated inside the Ichimoku cloud, indicating a state of short-term indecision. It is crucial to monitor closely for a definitive breakout or breakdown of the triangle to confirm the direction.
#BTC DOMINANCE ANALYSIS

BTC.D experienced a pump following the breakout of horizontal resistance. Presently, it is confronting the Ichimoku cloud and the MA 100 resistance.

A rejection at this juncture might indicate a potential retest of the horizontal support. Should BTC.D and BTC decline, it would signify capital outflow from the market, with the market seeking downward liquidity before the subsequent move.
#BTC/USDT ANALYSIS

BTC is currently trading within an ascending channel on a daily timeframe. It encounters horizontal resistance while residing within the Ichimoku cloud. The MA 100 indicates a bullish trend.

A definitive breakout above the horizontal resistance would serve as confirmation for a potential upward trajectory toward the upper boundary of the channel.
#BTC/USDT ANALYSIS

BTC is currently forming an ascending triangle, encountering horizontal resistance, and trading above the MA 50. It is positioned within the Ichimoku cloud. Additionally, the MA 200 indicates a positive trend. A decisive breakout of the ascending triangle would serve as bullish confirmation.
#BTC/USDT ANALYSIS

BTC has broken out of the ascending triangle, with the MACD crossover indicating bullish momentum. The price is on the verge of breaking out of the Ichimoku cloud, which would confirm the continuation of the bullish move. In the event of a retracement, we must watch for a successful retest.
#BTC/USDT ANALYSIS

BTC has completed the cup and handle pattern on a 3D timeframe. MA 21 is acting as support. MACD crossover is about to turn bullish. A solid breakout of the horizontal resistance would be a strong bullish confirmation, while a rejection from here might result in some correction.
#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/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 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/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/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.