#BTC/USDT ANALYSIS
Bitcoin is facing rejection from the Ichimoku Cloud, which is acting as a strong resistance barrier. Further correction is possible, while a solid breakout above the cloud will confirm a bullish move.
Bitcoin is facing rejection from the Ichimoku Cloud, which is acting as a strong resistance barrier. Further correction is possible, while a solid breakout above the cloud will confirm a bullish move.
πΊπΈ TODAY: FOMC rate cut decision coming up at 11:30 PM IST.
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The Crypto Express
#PHB/USDT BUY SETUP PHB is rebounding from the horizontal demand zone, showing strong buying interest at this level. Currently, it looks ready for an aggressive bullish rally. π
#PHB/USDT
Hit 1.040 | +114% So Far πβοΈ
Massive move - more than 114% profit after our call! π
Perfect analysis and timing from the team πͺ Stay tuned for more high-accuracy crypto calls.π
Hit 1.040 | +114% So Far πβοΈ
Massive move - more than 114% profit after our call! π
Perfect analysis and timing from the team πͺ Stay tuned for more high-accuracy crypto calls.π
JUST IN: πΊπΈ Federal Reserve to stop shrinking its balance sheet on December 1st.
POWELL: WE HAVEN'T MADE A DECISION ABOUT DECEMBER
POWELL: WE HAD STRONGLY DIFFERING VIEWS TODAY
POWELL: WE HAD STRONGLY DIFFERING VIEWS TODAY
POWELL: TODAY'S CUT WAS RISK MANAGEMENT
POWELL: GOING FORWARD IS A DIFFERENT THING
POWELL: GOING FORWARD IS A DIFFERENT THING
JUST IN: $300,000,000 liquidated from the crypto market in that past 15 minutes as Fed Chair Jerome Powell delivers FOMC speech.
#US DOLLAR ANALYSIS
The US Dollar is consolidating within an ascending channel, currently trading above the support trendline.
The Ichimoku Cloud is acting as a resistance barrier overhead. A breakdown of the channel would signal a potential downward move.
Given the US Dollarβs typical inverse relationship with the crypto market, this price action may play a crucial role in shaping upcoming crypto trends.
The US Dollar is consolidating within an ascending channel, currently trading above the support trendline.
The Ichimoku Cloud is acting as a resistance barrier overhead. A breakdown of the channel would signal a potential downward move.
Given the US Dollarβs typical inverse relationship with the crypto market, this price action may play a crucial role in shaping upcoming crypto trends.
#BTC/USDT ANALYSIS
Bitcoin is facing rejection from the Ichimoku Cloud and has also broken down below the 100MA, which is now acting as a resistance barrier. Currently, it is trading above the 200MA, serving as strong support.
A rebound from the 200MA followed by a breakout above the 100MA and the Cloud will confirm upward movement. However, a breakdown below the 200MA could trigger further downside in the market.
Bitcoin is facing rejection from the Ichimoku Cloud and has also broken down below the 100MA, which is now acting as a resistance barrier. Currently, it is trading above the 200MA, serving as strong support.
A rebound from the 200MA followed by a breakout above the 100MA and the Cloud will confirm upward movement. However, a breakdown below the 200MA could trigger further downside in the market.