#BTC DOMINANCE ANALYSIS
BTC Dominance is currently rebounding above the horizontal S/R zone, showing that buyers are still defending this key level.
However, the Ichimoku Cloud above the price action is acting as a major resistance barrier, limiting further upward movement.
If BTC.D breaks below the S/R zone, it could trigger additional downside pressure and signal weakening strength.
On the other hand, a breakout above the Ichimoku Cloud would indicate renewed bullish momentum, potentially leading to an extended move to the upside.
Itโs important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
BTC Dominance is currently rebounding above the horizontal S/R zone, showing that buyers are still defending this key level.
However, the Ichimoku Cloud above the price action is acting as a major resistance barrier, limiting further upward movement.
If BTC.D breaks below the S/R zone, it could trigger additional downside pressure and signal weakening strength.
On the other hand, a breakout above the Ichimoku Cloud would indicate renewed bullish momentum, potentially leading to an extended move to the upside.
Itโs important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap.
The Crypto Express
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๐ฅ Todayโs BFLOKI pump delivered an incredible 5X peak profit with massive volumeโ
The peak was hit during 2nd minute candle, giving all our members a perfect window to book massive profits. ๐ฐ
Early buyers once again secured the biggest gains โ timing is everything in these high-energy moves! โก๏ธ
Our next pump target: aiming for a 15x-20x peak profit!
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#BTC/USDT ANALYSIS
Bitcoin is consolidating within an ascending triangle pattern and is currently rebounding from the Ichimoku Cloud, which is acting as strong support.
A solid breakout above the pattern would provide bullish confirmation. Keep an eye on further price action developments.
Bitcoin is consolidating within an ascending triangle pattern and is currently rebounding from the Ichimoku Cloud, which is acting as strong support.
A solid breakout above the pattern would provide bullish confirmation. Keep an eye on further price action developments.
#TURBO/USDT ANALYSIS
TURBO is rebounding from the support trendline of the ascending triangle pattern and is currently attempting to break the upper boundary of the Ichimoku Cloud. A solid breakout above both the cloud and the pattern would confirm a bullish trend.
TURBO is rebounding from the support trendline of the ascending triangle pattern and is currently attempting to break the upper boundary of the Ichimoku Cloud. A solid breakout above both the cloud and the pattern would confirm a bullish trend.
#ALTS MARKET CAP ANALYSIS
The ALTS market cap is holding above the support trendline of the ascending triangle pattern, with the Ichimoku Cloud acting as strong support.
If the price continues to hold this level, it could trigger a further upward rally.
However, a breakdown from the pattern would signal additional downside in the altcoin market.
The ALTS market cap is holding above the support trendline of the ascending triangle pattern, with the Ichimoku Cloud acting as strong support.
If the price continues to hold this level, it could trigger a further upward rally.
However, a breakdown from the pattern would signal additional downside in the altcoin market.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a symmetrical triangle pattern and is currently trading below the 50MA, which is acting as a resistance barrier.
From here, we can expect either a rebound from the support trendline or a breakout above both the 50MA and the pattern, which would provide bullish confirmation.
Keep an eye on upcoming price action for clearer direction.
Bitcoin is consolidating within a symmetrical triangle pattern and is currently trading below the 50MA, which is acting as a resistance barrier.
From here, we can expect either a rebound from the support trendline or a breakout above both the 50MA and the pattern, which would provide bullish confirmation.
Keep an eye on upcoming price action for clearer direction.
#MTL/USDT ANALYSIS
MTL is rebounding from the horizontal demand zone of the descending triangle pattern.
Currently, it is trading below the resistance trendline, while the Ichimoku Cloud is acting as a strong resistance barrier.
A solid breakout above the pattern will provide a bullish confirmation. Pay close attention to it.
MTL is rebounding from the horizontal demand zone of the descending triangle pattern.
Currently, it is trading below the resistance trendline, while the Ichimoku Cloud is acting as a strong resistance barrier.
A solid breakout above the pattern will provide a bullish confirmation. Pay close attention to it.