#BTC/USDT ANALYSIS

BTC hunted stops below the ascending trendline support and came back inside the triangle. It attempted to pump from the trendline support, but the volume was insufficient to produce an effective bounce.

The bulls need to show some energy to regain bullish momentum. A successful breakout of the triangle is the bullish confirmation, and a breakdown with a candle close below the triangle would be a further bearish sign.

#ADA/USDT ANALYSIS

ADA is holding above the horizontal support, where MA 200 is also acting as a support. Volume is very less and a bullish candle close with some volume would be a sign of a bounce from the ongoing support.

In case of a sustained breakdown of the horizontal support, a downward move is expected toward the support level of $0.3050.

⚡ #BAT/USDT

📥 Short

💹 Buy: 0.2160 - 0.2155

🧿 Target: 0.2140 - 0.2120 - 0.2000

🧨 StopLoss : 0.2225

🔘 Leverage: 20x

⚡ #CTK/USDT

📥 Short

💹 Buy: 0.7120 - 0.7118

🧿 Target: 0.7000 - 0.6980 - 0.6950

🧨 StopLoss : 0.72250

🔘 Leverage: 20x

📅 Events for Today
2023/05/18 - ACH | Bitcoin 2023 in Miami, USA
2023/05/18 - LSS | Bitcoin 2023 in Miami, USA
2023/05/18 - CHO | Bitcoin 2023 in Miami, USA
2023/05/18 - GMT | Tokyo Meetup, Japan
2023/05/18 - BLUR | AMA on Discord
2023/05/18 - FX | F(x)Wallet Upgrade
2023/05/18 - DEP | Maintenance
2023/05/18 - DNX | Listing on LBank
2023/05/18 - KEY | Listing on BTCEX
2023/05/18 - OGGY | AMA on Telegram
2023/05/18 - DASH | AMA on Twitter
2023/05/18 - CELL | Live Stream on YouTube
2023/05/18 - WMT | Community Call
2023/05/18 - QMALL | AMA on Telegram
2023/05/18 - LDO | AMA on Twitter
2023/05/18 - MV | AMA on Twitter
2023/05/18 - PLASTIK | AMA on Twitter
2023/05/18 - ID | AMA on Discord
2023/05/18 - AZERO | AMA on Twitter
2023/05/18 - GRAIL | AMA on Discord
2023/05/18 - IPOR | AMA on Discord
2023/05/18 - CHEQ | AMA on Discord
2023/05/18 - FLOW | AMA on Discord
2023/05/18 - CGPT | AMA on Twitter
2023/05/18 - DEG | AMA on Twitter
2023/05/18 - PSL | Quiz on Discord
2023/05/18 - TRVL | Community Call
2023/05/18 - WLKN | AMA on Twitter
2023/05/18 - $ADS | Webinar
2023/05/18 - TLM | AMA on Twitter
2023/05/18 - MATIC | AMA on Twitter
2023/05/18 - HAY | Giveaway Ends
2023/05/18 - HBAR | Testnet v.0.38 Launch
2023/05/18 - FLUX | AMA on Discord
2023/05/18 - SUI | AMA on Twitter
2023/05/18 - CKB | Live Stream on YouTube

📰 Recent News in Crypto🔥

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Binance Futures, ByBit USDT
#TRU/USDT All take-profit targets achieved 😎
Profit: 34.1062% 📈
Period: 2 Hours 25 Minutes ⏰

Top 10 by Market Cap ⚡
1. BTC - $27,353 (1.03%)
2. ETH - $1,825 (0.07%)
3. USDT - $1.00 (0.04%)
4. BNB - $313.98 (0.59%)
5. USDC - $1.00 (0.07%)
6. XRP - $0.447 (-1.74%)
7. ADA - $0.376 (0.65%)
8. STETH - $1,824 (0.15%)
9. DOGE - $0.0748 (2.21%)
10. SOL - $21.02 (0.31%)

Crypto Market Stats 📊
Market Cap: $1,185,970,712,410
BTC Dominance: 44.70%
24h Volume: $63,585,104,315

#USDT DOMINANCE ANALYSIS

USDT.D is moving in a descending triangle. Currently, it is facing trendline resistance. MACD crossover is losing bullish momentum. RSI is in the overbought region.

All these confluences are showing that there are high chances of rejection. A rejection from here will confirm a bearish move in USDT.D. That would be a bullish sign for the crypto market as they work inversely proportional to each other.

#BTC/USDT ANALYSIS

BTC bounced after successfully retesting the descending trendline and horizontal support. Currently, it is facing a trendline resistance at $27500.

A breakout of this level would confirm a move toward the point of control level of $28302, which is the main level for bulls to do a solid breakout for the confirmation of a strong bullish rally.

In case of rejection and a sustained breakdown of the ongoing horizontal support a downward move is also expected toward the lower marked horizontal support.

#BTC/USDT ANALYSIS

BTC breakdown the head & shoulder pattern and retested successfully below it. Currently, it is holding above MA 100.

A sustained breakdown of MA 100 would confirm a move toward the marked trendline and horizontal support, from where a good volume bounce is expected.

In case of a bounce from here and bulls reclaim the neckline of the head & shoulder, then that would be a bullish sign.

📅 Events for Today
2023/05/24 - KLIMA | ReFi Summit in Seattle, USA
2023/05/24 - QMALL | Crypto-Conference in Warsaw, Poland
2023/05/24 - BGB | Family Office Summit 2023
2023/05/24 - TLOS | Next Block Expo in Warsaw, Poland
2023/05/24 - CGO | Institutional Digital Assets Conference in London, UK
2023/05/24 - NYM | CPDP Conference in Brussels, Belgium
2023/05/24 - DESO | Listing on LBank
2023/05/24 - DEP | Maintenance
2023/05/24 - XRPH | AMA on Bitrue Telegram
2023/05/24 - GAFI | AMA on Twitter
2023/05/24 - O3 | Giveaway
2023/05/24 - PMR | AMA on Bitrue Discord
2023/05/24 - BGB | AMA on Twitter
2023/05/24 - DEGO | AMA on Telegram
2023/05/24 - XCAD | AMA on Telegram
2023/05/24 - OGGY | Listing on Poloniex
2023/05/24 - SKUY | Token Swap
2023/05/24 - DOT | Community Call
2023/05/24 - NYM | AMA on Twitter
2023/05/24 - ARB | AMA on Twitter
2023/05/24 - CREO | AMA on Discord
2023/05/24 - UMB | AMA on Twitter
2023/05/24 - PERP | Workshop
2023/05/24 - LQTY | Live Stream on YouTube
2023/05/24 - BIDZ | Listing on BitMart
2023/05/24 - SUPR | AMA on Twitter
2023/05/24 - BEPRO | AMA on Twitter
2023/05/24 - FLR | AMA on Discord
2023/05/24 - COMBO | AMA on Discord
2023/05/24 - VEED | AMA on Discord
2023/05/24 - HBAR | Testnet v.0.38 Launch
2023/05/24 - ATLAS | AMA on Discord
2023/05/24 - POKT | AMA on Telegram
2023/05/24 - DG | AMA on Twitter

Top 10 by Market Cap ⚡
1. BTC - $27,161 (0.43%)
2. ETH - $1,846 (0.41%)
3. USDT - $1.000 (0.04%)
4. BNB - $312.62 (0.39%)
5. USDC - $1.00 (-0.03%)
6. XRP - $0.463 (0.03%)
7. ADA - $0.369 (-0.05%)
8. STETH - $1,846 (0.45%)
9. DOGE - $0.0725 (-1.21%)
10. MATIC - $0.886 (0.66%)