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#US DOLLAR ANALYSIS
The US dollar is currently moving within a symmetrical triangle pattern. It is trading below both the Ichimoku Cloud and the MA 100. The RSI is situated in the neutral zone.
It's imperative to monitor closely for a definitive breakout or breakdown of the triangle to confirm the next direction. It's worth noting that the US dollar often exhibits an inverse correlation with the crypto market.
The US dollar is currently moving within a symmetrical triangle pattern. It is trading below both the Ichimoku Cloud and the MA 100. The RSI is situated in the neutral zone.
It's imperative to monitor closely for a definitive breakout or breakdown of the triangle to confirm the next direction. It's worth noting that the US dollar often exhibits an inverse correlation with the crypto market.
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#BTC/USDT ANALYSIS
BTC went down after the breakdown and successful retest of the rising wedge. It also broke down the MA 100 and the Ichimoku cloud and is currently holding above the horizontal support. A bounce could be expected, while a solid breakdown of the horizontal support would confirm a further downward move toward the MA200 support.
BTC went down after the breakdown and successful retest of the rising wedge. It also broke down the MA 100 and the Ichimoku cloud and is currently holding above the horizontal support. A bounce could be expected, while a solid breakdown of the horizontal support would confirm a further downward move toward the MA200 support.
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π PAIR - #RNDRUSDT
Leverage - 20X
Position - LONG
ENTRY - 11.242
Target 1 - 11.355
Target 2 - 11.457
Target 3 - 11.58
Target 4 - 11.805
Target 5 - 12.142
Target 6 - 12.705
π¨ STOP LOSS - 10.568
Leverage - 20X
Position - LONG
ENTRY - 11.242
Target 1 - 11.355
Target 2 - 11.457
Target 3 - 11.58
Target 4 - 11.805
Target 5 - 12.142
Target 6 - 12.705
π¨ STOP LOSS - 10.568