#BTC/USDT ANALYSIS
Bitcoin has broken out of its descending broadening wedge pattern with substantial volume and is currently trading within a key horizontal supply zone.
The Ichimoku Cloud is signaling strong bullish momentum, suggesting that a breakout above the supply zone, followed by a successful retest, could propel BTC to a new high.
Bitcoin has broken out of its descending broadening wedge pattern with substantial volume and is currently trading within a key horizontal supply zone.
The Ichimoku Cloud is signaling strong bullish momentum, suggesting that a breakout above the supply zone, followed by a successful retest, could propel BTC to a new high.
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Those who trust us
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And those who have doubts, for your kind information ℹ️
We are in this field from past 12 years indulged into crypto activities using the same channel n same account
We are a team of professionals having a community of 50k+ members in telegram with 750 premium members.
We don't have to scam or do silly things which will harm our clients in long run
These people are our assets we don't want to loose them
For joining just message
@CoachLucinda
Those who trust us
We give our life to them to prove ourselves 💕 🙏
And those who have doubts, for your kind information ℹ️
We are in this field from past 12 years indulged into crypto activities using the same channel n same account
We are a team of professionals having a community of 50k+ members in telegram with 750 premium members.
We don't have to scam or do silly things which will harm our clients in long run
These people are our assets we don't want to loose them
For joining just message
@CoachLucinda
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#BTC/USDT ANALYSIS
Bitcoin is currently encountering resistance at the horizontal main supply zone while retesting the breakout point of the broadening wedge pattern.
A successful retest and breakout above this key supply zone could confirm a bullish trend. Supporting the price action, the 21MA and 50MA are acting as strong support levels.
However, if the retest fails, further price movement within the pattern is likely.
Bitcoin is currently encountering resistance at the horizontal main supply zone while retesting the breakout point of the broadening wedge pattern.
A successful retest and breakout above this key supply zone could confirm a bullish trend. Supporting the price action, the 21MA and 50MA are acting as strong support levels.
However, if the retest fails, further price movement within the pattern is likely.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap has broken out of the descending broadening wedge pattern and successfully completed a retest, confirming the breakout.
It is currently gaining momentum above the pattern, with the Ichimoku Cloud providing strong support and indicating bullish strength. This setup suggests the potential for a significant bullish rally in the cryptocurrency market.
The total cryptocurrency market cap has broken out of the descending broadening wedge pattern and successfully completed a retest, confirming the breakout.
It is currently gaining momentum above the pattern, with the Ichimoku Cloud providing strong support and indicating bullish strength. This setup suggests the potential for a significant bullish rally in the cryptocurrency market.