#JASMY/USDT ANALYSIS
JASMY is consolidating within a descending triangle pattern, currently rebounding from the horizontal demand zone.
The Ichimoku Cloud is acting as resistance above the triangle, while the 200MA provides support below.
A breakout of both the pattern and the cloud could signal the start of a bullish rally definitely one to watch closely.
JASMY is consolidating within a descending triangle pattern, currently rebounding from the horizontal demand zone.
The Ichimoku Cloud is acting as resistance above the triangle, while the 200MA provides support below.
A breakout of both the pattern and the cloud could signal the start of a bullish rally definitely one to watch closely.
#FET/USDT ANALYSIS
FET has broken out of the descending broadening wedge pattern and successfully retested. Itβs now attempting to push through the Ichimoku Cloud, which is acting as a resistance barrier. A breakout above the cloud could spark further bullish momentum for FET. Keep an eye on this move.
FET has broken out of the descending broadening wedge pattern and successfully retested. Itβs now attempting to push through the Ichimoku Cloud, which is acting as a resistance barrier. A breakout above the cloud could spark further bullish momentum for FET. Keep an eye on this move.
#BTC DOMINANCE ANALYSIS
BTC.D is moving within a rising wedge on the weekly timeframe, which is technically a bearish pattern. The 21MA is acting as a support below the wedge.
Consequently, we can expect a decline in BTC.D soon. A sustained breakdown of the rising wedge would provide strong bearish confirmation.
A downward trend in BTC.D, while BTC moves sideways or bullish, would indicate a bull run in altcoins.
BTC.D is moving within a rising wedge on the weekly timeframe, which is technically a bearish pattern. The 21MA is acting as a support below the wedge.
Consequently, we can expect a decline in BTC.D soon. A sustained breakdown of the rising wedge would provide strong bearish confirmation.
A downward trend in BTC.D, while BTC moves sideways or bullish, would indicate a bull run in altcoins.
#BTC/USDT ANALYSIS
After breaking out of the descending triangle pattern, the price is now attempting to break through its horizontal supply zone.
The 200MA is providing strong support, while the Ichimoku Cloud above the triangle is indicating bullish momentum.
A solid breakout of the supply zone, followed by a successful retest, could trigger a significant bullish rally in the market.
After breaking out of the descending triangle pattern, the price is now attempting to break through its horizontal supply zone.
The 200MA is providing strong support, while the Ichimoku Cloud above the triangle is indicating bullish momentum.
A solid breakout of the supply zone, followed by a successful retest, could trigger a significant bullish rally in the market.
#PEOPLE/USDT BUY SETUP
PEOPLE has broken the descending triangle pattern and a pump is imminent. Don't miss out on this aggressive move.π
PEOPLE has broken the descending triangle pattern and a pump is imminent. Don't miss out on this aggressive move.π
#LINK/USDT BUY SETUP
LINK is breaking the ascending triangle, with the Ichimoku Cloud signaling strong bullish momentum! All signs point to an upward surge ahead.π
LINK is breaking the ascending triangle, with the Ichimoku Cloud signaling strong bullish momentum! All signs point to an upward surge ahead.π
#ALTS MARKET CAP ANALYSIS
The ALTS market cap has successfully broken out of the falling wedge pattern with substantial volume, signaling a potential shift in momentum. Currently, it's trading within the Ichimoku Cloud, which is acting as a key area of resistance.
A decisive breakout above the Ichimoku Cloud would confirm a strong bullish rally, potentially igniting significant upward movement in the altcoin market.
The ALTS market cap has successfully broken out of the falling wedge pattern with substantial volume, signaling a potential shift in momentum. Currently, it's trading within the Ichimoku Cloud, which is acting as a key area of resistance.
A decisive breakout above the Ichimoku Cloud would confirm a strong bullish rally, potentially igniting significant upward movement in the altcoin market.
#BTC/USDT ANALYSIS
Bitcoin is encountering rejection at the horizontal supply zone following its breakout from the descending triangle pattern. The Ichimoku Cloud is offering key support beneath the triangle. A retest above the triangle is expected, and a successful retest could confirm a bullish trend.
Bitcoin is encountering rejection at the horizontal supply zone following its breakout from the descending triangle pattern. The Ichimoku Cloud is offering key support beneath the triangle. A retest above the triangle is expected, and a successful retest could confirm a bullish trend.
#WLD/USDT ANALYSIS
WLD has broken out of the descending channel with strong volume, signaling a potential bullish trend. The 50-day moving average (50MA) is currently providing solid support below the price action, and further upward movement is expected, likely leading to notable gains soon.
WLD has broken out of the descending channel with strong volume, signaling a potential bullish trend. The 50-day moving average (50MA) is currently providing solid support below the price action, and further upward movement is expected, likely leading to notable gains soon.
#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern, typically signaling potential reversals.
The Ichimoku Cloud is providing strong support beneath the price action, where a bounce is occurring. A breakout from this pattern would confirm a bullish trend across the broader cryptocurrency market.
The total cryptocurrency market cap is currently consolidating within a descending broadening wedge pattern, typically signaling potential reversals.
The Ichimoku Cloud is providing strong support beneath the price action, where a bounce is occurring. A breakout from this pattern would confirm a bullish trend across the broader cryptocurrency market.
#BTC/USDT ANALYSIS
After breaking out of the symmetrical triangle pattern, the price is now approaching a key horizontal supply zone.
The Ichimoku Cloud is signaling strong bullish momentum, while the 100MA is providing solid support below the price action.
A decisive breakout above the supply zone, followed by a successful retest, will confirm bullish continuation. Keep a close watch for this potential move.
After breaking out of the symmetrical triangle pattern, the price is now approaching a key horizontal supply zone.
The Ichimoku Cloud is signaling strong bullish momentum, while the 100MA is providing solid support below the price action.
A decisive breakout above the supply zone, followed by a successful retest, will confirm bullish continuation. Keep a close watch for this potential move.
#WIF/USDT BUY SETUP
WIF has successfully broken out of the descending channel, with both the 50MA and 100MA indicating strong bullish momentum. A new high appears imminent, setting the stage for potential upward movement soon. π
WIF has successfully broken out of the descending channel, with both the 50MA and 100MA indicating strong bullish momentum. A new high appears imminent, setting the stage for potential upward movement soon. π
#ALT/USDT BUY SETUP
ALT has broken out of a major falling wedge pattern with significant volume, signaling a potential bullish move. The 50MA is now providing strong support above the wedge, further reinforcing the upward momentum. This setup suggests we could see solid gains in the near future. π
ALT has broken out of a major falling wedge pattern with significant volume, signaling a potential bullish move. The 50MA is now providing strong support above the wedge, further reinforcing the upward momentum. This setup suggests we could see solid gains in the near future. π
#US DOLLAR ANALYSIS
The US dollar is consolidating within a descending triangle pattern, hovering just above a key horizontal demand zone. Although the 100MA signals a bearish outlook, there's still potential for a bounce from this zone.
A decisive breakout or breakdown is required to confirm the next directional move. Itβs also crucial to factor in the inverse relationship between the US dollar and the cryptocurrency market, as shifts in one often impact the other.
The US dollar is consolidating within a descending triangle pattern, hovering just above a key horizontal demand zone. Although the 100MA signals a bearish outlook, there's still potential for a bounce from this zone.
A decisive breakout or breakdown is required to confirm the next directional move. Itβs also crucial to factor in the inverse relationship between the US dollar and the cryptocurrency market, as shifts in one often impact the other.
According to Bloomberg, Binance founder Changpeng Zhao was released from a correctional facility in California on Friday. Scott Taylor, a spokesman for the Federal Bureau of Prisons, confirmed that Zhao Changpeng was released from a semi-open prison in Long Beach, California on Friday. He was sent to a low-security prison in June to serve a four-month sentence.
#BTC/USDT ANALYSIS
Bitcoin has broken through the horizontal supply zone following its breakout from the symmetrical triangle, supported by strong volume. The Ichimoku Cloud is now providing solid support, indicating bullish momentum. With this setup, significant gains are likely on the horizon.
Bitcoin has broken through the horizontal supply zone following its breakout from the symmetrical triangle, supported by strong volume. The Ichimoku Cloud is now providing solid support, indicating bullish momentum. With this setup, significant gains are likely on the horizon.
#XVS/USDT ANALYSIS
XVS is breaking out of its ascending triangle pattern, with the Ichimoku Cloud providing strong support below.
A confirmed breakout of this pattern could trigger a bullish rally. Keep a close watch on this potential move. ππ
XVS is breaking out of its ascending triangle pattern, with the Ichimoku Cloud providing strong support below.
A confirmed breakout of this pattern could trigger a bullish rally. Keep a close watch on this potential move. ππ