USDT.D has formed a bullish pennant pattern, and the daily RSI is in the overbought area. At the same time, the weekly RSI trendline has been rejected. This indicates a likely decline for USDT.D, giving the crypto market a chance to move upwards—a bullish sign for BTC and crypto. 🚀📈
#USDT.D #Crypto #CryptoMarket #BullishPennant #RSI #Overbought #MarketAnalysis...
Hi friends,
If you observe the recent behavior of USDT dominance (USDT.D), it bounced back and touched 5%, but now it has clearly formed a double top pattern, which is a bearish sign. Additionally, the RSI is declining, supporting our bearish scenario. Whenever USDT.D falls, the crypto market tends to rise, and BTC often rallies. These two are inversely...
Mention In Chart According To Rsi Divergence Price Is Bullish But Price Action Make New Lower Low Which Can Attract Price Towards 61000 In June And Elliote Wave Theory Is Also Make The Price Bullish But Moving Averages Below 200 Again Makes It Bearish So There Is No Trading Zone Utnil It's Break Either Side As I Mention In Chart With Example And Have Good Trading Day.
Whales Moving Ethereum Off The Exchanges: A Bullish Wave On The Horizon?
The top 100 Wallets on exchanges have slumped to a 2018 low value of 8.41 Million ETH while the top 100 non exchange wallets have jumped to record high of 68.39 Million ETH.
Ethereum price made a bounce back after falling below the $3400 level and 50 day EMA.
The broader crypto markets...
At press time, the BTC traded at $66167, with an intraday rise of 0.24%.
The Bitcoin (BTC) indicators tools are fuzzy due to the consolidation witnessed in the last three months. 200-day EMA is on the bullish side, but 50-day EMA, MACD, and RSI are bearish.
Therefore, until it obeys the trendline support, it looks safe and could go $70033 and $73,643. However,...
SEED_DONKEYDAN_MARKET_CAP:ILV is looking bullish in the long run. A rally to the upside could start any time.
Accumulation Zone: $80-$60
Macro Target 1: $322
Macro Target 2: $672
Macro Target 3: $1000
Recently, this week Ripple has been struggling to maintain its position. When the price of Bitcoin plummeted, almost all crypto assets had a rough day. This week, the price has dipped by 7.80% due to a shift in market sentiment indicators portrays bearishness, as BTC was down. However, the candle formation on June 12th signifies that bulls are attempting to gain...
SKL has had numerous partnerships throughout the year and has recorded its biggest ever month with 55 million transactions in May 2024.
It has successfully broken out of both the falling wedges and retested the midline which previously was a resistance and is now turned into support
What better time to buy when btc.d (bitcoin dominance) has topped out around...
The SUI has followed the decline of BTC on the daily chart, in the last seven days from June 11th price-performance was bearish. The BTC Declined by -5.85%, while SUI also followed the lead and degraded by -16.25 %.
At press time, SUI traded at $1.0130 with -a 1.98% dip, while, BTC at $67659 with an -2.65% intraday fall. BTC appears to be approaching the $66150...
The SUI has followed the decline of BTC on the daily chart, in the last seven days from June 11th price-performance was bearish. The BTC Declined by -5.85%, while SUI also followed the lead and degraded by -16.25 %.
At press time, SUI traded at $1.0130 with -a 1.98% dip, while, BTC at $67659 with an -2.65% intraday fall. BTC appears to be approaching the $66150...
Solana Price Analysis: A Bullish Reversal on the Horizon?
The cryptocurrency market has been a rollercoaster of volatility, but recent developments suggest that Solana (SOL) may be gearing up for a significant price reversal. After a period of correction, SOL’s price managed to bounce back from the psychological support level of $80, climbing to $104 and marking a...
#Ethereum Chart Analysis
#ETHUSDT is currently trading within a bull flag/parallel channel. We're waiting for a breakout before entering any trades.
- Bearish Scenario:
If CRYPTOCAP:ETH breaks down below the support level at $3650, we might see a decline toward $3152, which is the last Fair Value Gap (FVG).
- Bullish Scenario:
If #ETH holds the $3152 level,...
Stacks Breaks Out Of A Correction Phase.
The Stacks crypto reversed its course after bulls established their presence near the $1.8 level and made a big leap towards the $2.5 level. The crypto made a breakout of a trendline resistance and surged over 28.9% this week marking the end of a correction phase.
The recent price surge has added it among the top...
buy BTCUSD 70600, SL 70200, TGT- 71700
NOW bitcoin in uptrend last few days with 1H chart, and there is no Block Order for sell and price will be get a support at 70200, because its make a dozi block order in 30M chart i mentioned. so trade it for 1100 points
Is it be new bitcoin ? I guess so.
Currently Floki is trading at 0.000279 after retest 0.00023 of fib at 0.31 level. The next target would between 1.51 to 1.634 level of fib.
T-1= 0.00034
T-2= 0.00043
ORDI Crypto Claims The Third Beating The Others
ORDI Crypto has risen to prominence, securing the third position amidst market fluctuations. The Ordinals protocol introduces inscriptions, which embed content directly onto satoshis without the need for additional tokens or alterations to Bitcoin's structure. This content can range from text to...
ETH Price Did Not Benefit from the Ether ETF News: Here's Why
Despite the U.S. approval of several ether exchange-traded funds, Bitcoin (BTC) and Ether (ETH) experienced a downturn in their prices over the last 24 hours.
The Ethereum crypto dropped by 4% post-approval, epitomizing the classic "sell the news" market reaction.
The broader crypto markets including...
