#S&P 500 ANALYSIS
The S&P 500 is facing rejection from the resistance trendline of the symmetrical triangle pattern. Currently, it is trading above the 21MA and 50MA, both acting as strong support levels.
A breakout above the triangle will signal further upward movement, while a breakdown below the MAs could lead to a downward move. Keep an eye on further price action developments.
Given its close correlation with the crypto market, the S&Pโs next move will be crucial in determining broader risk sentiment, making this a key level to monitor closely.
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The S&P 500 is facing rejection from the resistance trendline of the symmetrical triangle pattern. Currently, it is trading above the 21MA and 50MA, both acting as strong support levels.
A breakout above the triangle will signal further upward movement, while a breakdown below the MAs could lead to a downward move. Keep an eye on further price action developments.
Given its close correlation with the crypto market, the S&Pโs next move will be crucial in determining broader risk sentiment, making this a key level to monitor closely.
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JUST IN: ๐บ๐ธ Michael Saylor says STRATEGY will have a $382 BILLION #bitcoin treasury within 4-8 years ๐
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JUST IN: ๐ท๐บ๐บ๐ธ Russian Foreign Minister Sergey Lavrov says US should "refrain" from any action that would escalate the war in Ukraine.
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๐ Crypto Fear and Greed Index:
๐งญ Index Value : 15
๐ฑ Sentiment : Extreme Fear ๐
๐ฐ $BTC Price : $102,000
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๐งญ Index Value : 15
๐ฑ Sentiment : Extreme Fear ๐
๐ฐ $BTC Price : $102,000
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๐จ๐ฟ JUST IN: The Czech National Bank built a $1M digital asset test portfolio with BTC, a stablecoin, and a tokenized deposit.
EU is waking up.
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EU is waking up.
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#AVNT/USDT BUY SETUP
AVNT has broken out of the descending channel and successfully completed a retest. The 100MA is acting as strong support, and the price now looks ready for an impressive bullish pump. ๐
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AVNT has broken out of the descending channel and successfully completed a retest. The 100MA is acting as strong support, and the price now looks ready for an impressive bullish pump. ๐
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#BTC/USDT ANALYSIS
Bitcoin is trading above the support trendline of the falling wedge pattern, and as long as it holds this level, a bounce can be expected. The 21MA and 50MA are both acting as resistance barriers above the wedge.
A breakdown below the support trendline would invalidate the formation and could lead to further correction in the market.
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Bitcoin is trading above the support trendline of the falling wedge pattern, and as long as it holds this level, a bounce can be expected. The 21MA and 50MA are both acting as resistance barriers above the wedge.
A breakdown below the support trendline would invalidate the formation and could lead to further correction in the market.
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BULLISH: ๐บ๐ธ Michael Saylor says STRATEGY is buying bitcoin
"We're buying quite a lot."
"We'll report our next buys on Monday morning."
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"We're buying quite a lot."
"We'll report our next buys on Monday morning."
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JUST IN: ๐ธ๐ฌ Singapore Exchange to launch Bitcoin and crypto perpetual futures starting November 24 ๐
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"If you like this asset, you should like it at a discount.โ
- Coinbase's John DโAgostino on Bitcoin
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- Coinbase's John DโAgostino on Bitcoin
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๐๐ #ETH just repeated the same liquidity event that marked the last two major bottoms, almost to the week.
Every major ETH reversal started with a full liquidity reset.
As that liquidity came back, the next expansion leg opened, and weโre in that same reset again right now.
The next phase depends entirely on how quickly depth rebuilds.
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Every major ETH reversal started with a full liquidity reset.
As that liquidity came back, the next expansion leg opened, and weโre in that same reset again right now.
The next phase depends entirely on how quickly depth rebuilds.
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#BB/USDT ANALYSIS
BB is rebounding from the second bottom and is also trading inside the demand zone of the descending triangle pattern.
If it continues to hold this level, we can expect further upward movement. A breakout above the pattern will provide a bullish rally.
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BB is rebounding from the second bottom and is also trading inside the demand zone of the descending triangle pattern.
If it continues to hold this level, we can expect further upward movement. A breakout above the pattern will provide a bullish rally.
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๐จ ALERT: $180M has been wiped out in liquidations across crypto markets over the past hour. Stay SAFU.
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BREAKING: ๐บ๐ธ U.S. congressman introduces new Strategic Bitcoin Reserve bill and says there will be no capital gains on Bitcoin ๐
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