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#BTC DOMINANCE ANALYSIS
BTC Dominance is consolidating within the ascending triangle pattern, currently attempting to break the horizontal supply zone while trading inside the Ichimoku Cloud.
A breakout above the pattern will confirm an upward movement, whereas a rejection from the supply zone could lead to a pullback or continued consolidation within the pattern.
Itโs important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
BTC Dominance is consolidating within the ascending triangle pattern, currently attempting to break the horizontal supply zone while trading inside the Ichimoku Cloud.
A breakout above the pattern will confirm an upward movement, whereas a rejection from the supply zone could lead to a pullback or continued consolidation within the pattern.
Itโs important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
#BTC/USDT ANALYSIS
Bitcoin is facing rejection from the resistance trendline of the descending channel, with the Ichimoku Cloud acting as a resistance barrier above the price action. Itโs crucial to wait for further price action developments to confirm the next directional move.
Bitcoin is facing rejection from the resistance trendline of the descending channel, with the Ichimoku Cloud acting as a resistance barrier above the price action. Itโs crucial to wait for further price action developments to confirm the next directional move.
#ETH/USDT ANALYSIS
ETH is consolidating within the symmetrical triangle pattern while trading inside the Ichimoku Cloud. A solid breakout or breakdown of the pattern will be key to confirming the next major directional move.
ETH is consolidating within the symmetrical triangle pattern while trading inside the Ichimoku Cloud. A solid breakout or breakdown of the pattern will be key to confirming the next major directional move.
#ETH/USDT BUY SETUP
ETH has broken out of the symmetrical triangle pattern with strength. The Ichimoku Cloud is acting as a solid support, reinforcing bullish momentum. A successful retest of the breakout level will confirm the setup and could trigger a strong bullish rally. ๐
ETH has broken out of the symmetrical triangle pattern with strength. The Ichimoku Cloud is acting as a solid support, reinforcing bullish momentum. A successful retest of the breakout level will confirm the setup and could trigger a strong bullish rally. ๐
#ALTS MARKET CAP ANALYSIS
The ALTS market cap is gaining momentum and currently trading just below the horizontal supply zone of the ascending triangle pattern.
The Ichimoku Cloud is acting as strong support beneath the pattern, indicating underlying strength.
A solid breakout above the pattern will confirm a bullish rally across the altcoin market.
The ALTS market cap is gaining momentum and currently trading just below the horizontal supply zone of the ascending triangle pattern.
The Ichimoku Cloud is acting as strong support beneath the pattern, indicating underlying strength.
A solid breakout above the pattern will confirm a bullish rally across the altcoin market.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within the ascending broadening wedge pattern and currently trading above the support trendline.
The Ichimoku Cloud is acting as a strong support, indicating bullish strength. A bounce from this level is likely, while a breakdown below the wedge would signal a potential downward move.
Bitcoin is consolidating within the ascending broadening wedge pattern and currently trading above the support trendline.
The Ichimoku Cloud is acting as a strong support, indicating bullish strength. A bounce from this level is likely, while a breakdown below the wedge would signal a potential downward move.
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#FLOW/USDT BUY SETUP
FLOW is rebounding from the support trendline of the falling wedge pattern. A solid breakout above the wedge will confirm a strong bullish rally ahead. ๐
FLOW is rebounding from the support trendline of the falling wedge pattern. A solid breakout above the wedge will confirm a strong bullish rally ahead. ๐
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#TOTAL MARKET CAP ANALYSIS
The total crypto market cap is holding above the horizontal S/R level while trading within the rising wedge pattern.
The Ichimoku Cloud is acting as a strong support, indicating underlying bullish strength.
A bounce from the marked S/R level is likely, however, a breakdown below it could trigger further downward movement in the market.
The total crypto market cap is holding above the horizontal S/R level while trading within the rising wedge pattern.
The Ichimoku Cloud is acting as a strong support, indicating underlying bullish strength.
A bounce from the marked S/R level is likely, however, a breakdown below it could trigger further downward movement in the market.