#US DOLLAR ANALYSIS
The US Dollar has decisively broken down from the descending triangle pattern, supported by strong volume, and has already confirmed the move with a clean retest of the breakdown level.
Price action remains capped below the Ichimoku Cloud, which is now acting as a dynamic resistance zone, reinforcing the prevailing bearish market structure.
This alignment suggests that sellers remain in control, increasing the probability of continued downside momentum in the near term.
From a broader market perspective, sustained weakness in the US Dollar typically favors risk-on assets.
Given its well-known inverse correlation with the crypto market, further downside in DXY could act as a supportive catalyst for bullish momentum across cryptocurrencies.
The US Dollar has decisively broken down from the descending triangle pattern, supported by strong volume, and has already confirmed the move with a clean retest of the breakdown level.
Price action remains capped below the Ichimoku Cloud, which is now acting as a dynamic resistance zone, reinforcing the prevailing bearish market structure.
This alignment suggests that sellers remain in control, increasing the probability of continued downside momentum in the near term.
From a broader market perspective, sustained weakness in the US Dollar typically favors risk-on assets.
Given its well-known inverse correlation with the crypto market, further downside in DXY could act as a supportive catalyst for bullish momentum across cryptocurrencies.
#BTC/USDT ANALYSIS
Bitcoin is consolidating within a falling wedge pattern and is currently trading below the resistance trendline, with the 21MA acting as a resistance barrier.
A solid breakout of the pattern, followed by a successful retest, would provide a bullish confirmation.
Bitcoin is consolidating within a falling wedge pattern and is currently trading below the resistance trendline, with the 21MA acting as a resistance barrier.
A solid breakout of the pattern, followed by a successful retest, would provide a bullish confirmation.
#AVAX/USDT ANALYSIS
AVAX is consolidating within a descending triangle pattern and is currently trading near the horizontal demand zone. A rebound from this level is possible. Keep an eye on further price action developments.
AVAX is consolidating within a descending triangle pattern and is currently trading near the horizontal demand zone. A rebound from this level is possible. Keep an eye on further price action developments.
#USDT DOMINANCE ANALYSIS
USDT Dominance is consolidating within a symmetrical triangle pattern and is currently trading below the resistance trendline. The Ichimoku Cloud is acting as support.
A solid breakout of the pattern could signal a bullish move, while rejection from this level may lead to downside. Keep an eye on further price action.
It's essential to note that USDT.D often exhibits an inverse correlation with the cryptocurrency market.
USDT Dominance is consolidating within a symmetrical triangle pattern and is currently trading below the resistance trendline. The Ichimoku Cloud is acting as support.
A solid breakout of the pattern could signal a bullish move, while rejection from this level may lead to downside. Keep an eye on further price action.
It's essential to note that USDT.D often exhibits an inverse correlation with the cryptocurrency market.
The Bank of Japan raised its benchmark interest rate to the highest level in 30 years. BOJ Governor Kazuo Ueda said the policy board unanimously decided to increase the rate by 0.25 percentage points to 0.75%.
#BTC/USDT ANALYSIS
Bitcoin is rebounding from the horizontal demand zone of the descending triangle pattern and is currently trading below the resistance trendline.
The Ichimoku Cloud is acting as a resistance barrier above the price action. A confirmed breakout or breakdown is needed to determine the next directional move.
Bitcoin is rebounding from the horizontal demand zone of the descending triangle pattern and is currently trading below the resistance trendline.
The Ichimoku Cloud is acting as a resistance barrier above the price action. A confirmed breakout or breakdown is needed to determine the next directional move.
#FIO/USDT ANALYSIS
FIO is rebounding from the support trendline of the ascending triangle pattern, with the Ichimoku Cloud acting as support. A solid breakout of the pattern would signal a bullish rally.
FIO is rebounding from the support trendline of the ascending triangle pattern, with the Ichimoku Cloud acting as support. A solid breakout of the pattern would signal a bullish rally.
#BTC/USDT ANALYSIS
Bitcoin is rebounding from the horizontal demand zone of the descending triangle pattern and is currently attempting to break the resistance trendline.
The Ichimoku Cloud is acting as a resistance barrier above the current price action.
A solid breakout of both the pattern and the cloud would signal a bullish trend. Otherwise, rejection from this level could lead to a pullback.
Bitcoin is rebounding from the horizontal demand zone of the descending triangle pattern and is currently attempting to break the resistance trendline.
The Ichimoku Cloud is acting as a resistance barrier above the current price action.
A solid breakout of both the pattern and the cloud would signal a bullish trend. Otherwise, rejection from this level could lead to a pullback.
#BTC DOMINANCE ANALYSIS
BTC Dominance has broken out of the ascending triangle pattern with significant volume and is currently retesting the breakout level. The Ichimoku Cloud is acting as support.
A successful retest would confirm a bullish trend, while failure could lead to further price movement back within the pattern.
Itβs important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap
BTC Dominance has broken out of the ascending triangle pattern with significant volume and is currently retesting the breakout level. The Ichimoku Cloud is acting as support.
A successful retest would confirm a bullish trend, while failure could lead to further price movement back within the pattern.
Itβs important to note that BTC Dominance often shares an inverse relationship with the altcoin market cap
#BTC/USDT ANALYSIS
Bitcoin is trading below the resistance trendline of the falling wedge pattern, with the 50MA acting as a resistance barrier above the wedge.
A solid breakout of both the pattern and the 50MA would signal a bullish trend. Otherwise, price may continue to move within the pattern.
Bitcoin is trading below the resistance trendline of the falling wedge pattern, with the 50MA acting as a resistance barrier above the wedge.
A solid breakout of both the pattern and the 50MA would signal a bullish trend. Otherwise, price may continue to move within the pattern.
#WOO/USDT ANALYSIS
WOO is rebounding from the support trendline and is currently trading below the horizontal supply zone. The Ichimoku Cloud is acting as support.
A solid breakout above the supply zone would signal a bullish trend, while rejection from this level could lead to a pullback.
WOO is rebounding from the support trendline and is currently trading below the horizontal supply zone. The Ichimoku Cloud is acting as support.
A solid breakout above the supply zone would signal a bullish trend, while rejection from this level could lead to a pullback.
BUYING #EFLOKI/USDT
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MEGA PUMP SIGNAL: #EFLOKI
https://www.mexc.com/exchange/EFLOKI_USDT
Buy and hold for massive profitsπ
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#EFLOKI/USDT
Lying on rock-bottom support here and looks ready for monster breakout anytime soon targeting 10X from hereπβοΈ
Lying on rock-bottom support here and looks ready for monster breakout anytime soon targeting 10X from hereπβοΈ
Buy and hold #EFLOKI while it's still in buying zoneπ
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Quick 10X-20X rally can start anytime from hereπβοΈ