#HYPE/USDT BUY SETUP
HYPE has broken out of an ascending triangle and is currently testing the breakout level. The Ichimoku Cloud is providing strong support, reflecting bullish strength. A successful test of the breakout zone could trigger a solid bullish rally. 🚀
HYPE has broken out of an ascending triangle and is currently testing the breakout level. The Ichimoku Cloud is providing strong support, reflecting bullish strength. A successful test of the breakout zone could trigger a solid bullish rally. 🚀
#TOTAL MARKET CAP ANALYSIS
The total crypto market cap has broken down from a rising wedge and is now rebounding from the Ichimoku Cloud, which is acting as support. A retest of the breakdown level is likely.
However, a breakdown of Cloud support could trigger further downside. Stay alert and monitor the next price action developments closely.
The total crypto market cap has broken down from a rising wedge and is now rebounding from the Ichimoku Cloud, which is acting as support. A retest of the breakdown level is likely.
However, a breakdown of Cloud support could trigger further downside. Stay alert and monitor the next price action developments closely.
#BTC/USDT ANALYSIS
Bitcoin is rebounding from the support trendline of the broadening wedge pattern and is currently trading below the key horizontal supply zone.
A breakout above both the supply zone and the wedge structure will confirm a bullish trend. However, a rejection from this level could lead to another move downward within the range.
Bitcoin is rebounding from the support trendline of the broadening wedge pattern and is currently trading below the key horizontal supply zone.
A breakout above both the supply zone and the wedge structure will confirm a bullish trend. However, a rejection from this level could lead to another move downward within the range.
#SOON/USDT BUY SETUP
SOON is trading above a key horizontal S/R level. If the price continues to hold above this zone, we can expect a strong bullish rally ahead. 🚀
SOON is trading above a key horizontal S/R level. If the price continues to hold above this zone, we can expect a strong bullish rally ahead. 🚀
#US DOLLAR ANALYSIS
The US Dollar has broken down from the descending triangle pattern with significant volume.
It is now testing the breakdown level, while the Ichimoku Cloud is acting as a resistance barrier, reflecting strong bearish momentum.
A confirmed rejection from this level could lead to further downward continuation.
It's important to note that the US dollar often exhibits an inverse relationship with the crypto market.
The US Dollar has broken down from the descending triangle pattern with significant volume.
It is now testing the breakdown level, while the Ichimoku Cloud is acting as a resistance barrier, reflecting strong bearish momentum.
A confirmed rejection from this level could lead to further downward continuation.
It's important to note that the US dollar often exhibits an inverse relationship with the crypto market.
#BTC/USDT ANALYSIS
Bitcoin is facing rejection from the horizontal supply zone of the ascending triangle pattern. The Ichimoku Cloud is providing support below the structure. A clear breakout or breakdown is needed to confirm the next directional move.
Bitcoin is facing rejection from the horizontal supply zone of the ascending triangle pattern. The Ichimoku Cloud is providing support below the structure. A clear breakout or breakdown is needed to confirm the next directional move.
#RUNE/USDT ANALYSIS
RUNE is consolidating within a falling wedge, currently holding above its support trendline.
A solid breakout of the pattern could ignite a bullish rally. However, a breakdown below the support trendline would invalidate the formation.
RUNE is consolidating within a falling wedge, currently holding above its support trendline.
A solid breakout of the pattern could ignite a bullish rally. However, a breakdown below the support trendline would invalidate the formation.
#USDT DOMINANCE ANALYSIS
USDT Dominance is currently testing the horizontal supply zone within a rectangle channel. The Ichimoku Cloud is providing support below the price action.
A successful hold and confirmation at this level could trigger an upward rally. However, rejection here may also lead to downward move. Stay alert and keep monitoring price action for further confirmation.
It's important to note that USDT.D frequently demonstrates an inverse correlation with the crypto market.
USDT Dominance is currently testing the horizontal supply zone within a rectangle channel. The Ichimoku Cloud is providing support below the price action.
A successful hold and confirmation at this level could trigger an upward rally. However, rejection here may also lead to downward move. Stay alert and keep monitoring price action for further confirmation.
It's important to note that USDT.D frequently demonstrates an inverse correlation with the crypto market.
#BTC/USDT ANALYSIS
Bitcoin is trading at the support trendline of the ascending triangle pattern. The Ichimoku Cloud is providing strong support below the structure. A continued hold at this level could lead to a rebound, while a confirmed breakdown of the pattern may trigger further downside.
Bitcoin is trading at the support trendline of the ascending triangle pattern. The Ichimoku Cloud is providing strong support below the structure. A continued hold at this level could lead to a rebound, while a confirmed breakdown of the pattern may trigger further downside.
#SAGA/USDT BUY SETUP
SAGA is trading within a strong horizontal demand zone. A sustained hold at this level could trigger a strong bullish rally. 🚀
SAGA is trading within a strong horizontal demand zone. A sustained hold at this level could trigger a strong bullish rally. 🚀
#BTC/USDT ANALYSIS
Bitcoin is facing rejection at the resistance trendline of the descending broadening wedge. The Ichimoku Cloud is acting as a resistance barrier above the price action.
A rebound from the demand zone is possible, but further confirmation is needed. Keep monitoring upcoming price action developments closely.
Bitcoin is facing rejection at the resistance trendline of the descending broadening wedge. The Ichimoku Cloud is acting as a resistance barrier above the price action.
A rebound from the demand zone is possible, but further confirmation is needed. Keep monitoring upcoming price action developments closely.
#COMP/USDT ANALYSIS
COMP is rebounding from the support trendline of a falling wedge, while the 21MA acts as near-term resistance.
A clean breakout of the pattern followed by a successful retest could confirm strong bullish continuation. Keep it on watch.
COMP is rebounding from the support trendline of a falling wedge, while the 21MA acts as near-term resistance.
A clean breakout of the pattern followed by a successful retest could confirm strong bullish continuation. Keep it on watch.
#BTC DOMINANCE ANALYSIS
BTC Dominance is bouncing from the horizontal S/R level, while the Ichimoku Cloud is acting as key resistance above price action.
A break below the S/R zone could trigger further downside, whereas a breakout above the Cloud may lead to renewed upward momentum. Stay alert and keep tracking price action for confirmation.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
BTC Dominance is bouncing from the horizontal S/R level, while the Ichimoku Cloud is acting as key resistance above price action.
A break below the S/R zone could trigger further downside, whereas a breakout above the Cloud may lead to renewed upward momentum. Stay alert and keep tracking price action for confirmation.
It’s important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
🇺🇸 UPDATE: Bank of America expects the Federal Reserve to cut interest rates next week.