USDT.D has been rejected from a long-term trendline, and the RSI is declining from the overbought area. This suggests that the uptrend for USDT.D may have completed. Therefore, we can expect USDT.D to find significant support around its trendline, likely from now until September.
USDT.D has formed a bearish shark pattern and has broken the support trendline, indicating a likely move towards the 4.6% and 4.10% support areas. The bearish confirmation is further supported by the RSI falling from the overbought zone and a clear bearish cross on the MACD. #USDTDominance #BearishSharkPattern #TechnicalAnalysis #Crypto #RSI #MACD #SupportLevels...
Bitcoin Shows Bullish Signs: Breaks Downtrend, RSI Rebounds, Targeting $85K and $90K Bitcoin has recently displayed strong bullish signals in the market. It formed a bullish divergence and successfully broke its downtrend. The RSI (Relative Strength Index) has bounced back from oversold levels, indicating increasing bullish momentum. To sustain this upward...
#BTC Bouncing from Key 10-Month Trendline with Weekly Bullish Divergence: Targeting $90K #Bitcoin (BTC) is currently bouncing off a significant 10-month trendline. The weekly time frame clearly shows a bullish divergence, indicating a strong potential for a substantial upward move. This momentum could propel BTC towards the $90K mark, suggesting a big rally is on...
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...
Hey friends! Today, I've got an exciting idea about BTC. On the weekly time frame, BTC has clearly formed a bullish pennant pattern. If you observe the daily RSI, it has reached the oversold area, sweeping all liquidity from the market. The weekly RSI is also around the 50 level, indicating a potential bounce with hidden bullish divergence. This suggests a strong...
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...
Bitcoin is currently forming an ascending pattern, signaling a potential bullish market. Additionally, the RSI has formed a bullish divergence, and the decreasing selling volume supports this outlook. If the breakout occurs successfully, we could see Bitcoin reach $94,000. #Bitcoin #Crypto #BullMarket #BTC #RSI #CryptoTrading #TechnicalAnalysis #CryptoBullRun
Hi everyone! Today, I'd like to highlight another top altcoin: AVAX. It has found strong support at the anchored VWAP and is currently retesting a previous high area. Recently, $AVALANCHE surged to retest the previous support level from 2021, around the $65 zone, which acted as resistance. Now, it's finding support from previous highs. The VWAP is a highly...
TOTAL2 appears to be forming a head and shoulders pattern on the weekly timeframe, currently awaiting a retest for confirmation. Another indicator to watch is the RSI, where a clear trendline retest is anticipated. Once the RSI retests around the 50 mark, significant market movement could ensue, potentially leading to a surge of $2 trillion with a projected rise of 70%.
#Chainlink ( BIST:LINK ) is currently forming a bullish shark pattern, a harmonic pattern that indicates a potential reversal and a strong buying opportunity. In this scenario, LINK's price is expected to bounce with retest of a crucial support level. The RSI (Relative Strength Index) has reached the oversold area, suggesting that the asset is undervalued and may...
Binance Coin ( CRYPTOCAP:BNB ) has recently formed a bullish pennant pattern, suggesting a strong potential for upward movement. This technical formation, characterized by converging trend lines following a significant price increase, indicates that the market is consolidating before potentially continuing its upward trend. The breakout from this bullish pennant...
Render Token ( CRYPTOCAP:RNDR ) has formed a bullish ascending triangle pattern, a strong indicator of a potential upward breakout. Additionally, a bullish divergence has been identified, further reinforcing the likelihood of a positive price movement. RNDR is now bouncing from the trendline, showing strong buying interest and support at this level. These...
#Solana ( CRYPTOCAP:SOL ) has formed an ascending triangle pattern, a bullish continuation pattern that often signals a potential upward breakout. Additionally, the RSI is in the oversold region, indicating that the asset may be undervalued and a reversal could be imminent. SOL is also bouncing from the Fibonacci retracement level of 0.78, suggesting strong...
Ethereum (ETH) is gearing up for a significant move, but first, it needs to overcome the substantial liquidity wall at $3700. This level poses a critical resistance that must be cleared before we can set sights on the $4000 mark. If ETH can break through $3700 with strong volume, the path to $4000 becomes much more attainable. However, there's a possibility of a...
#NEAR/USDT has formed a bullish shark pattern & the RSI (Relative Strength Index) is currently in the oversold area, suggesting that for a rebound. Currently, NEAR is standing at a bullish support trend line, which further reinforces the potential for an upward move. Given these strong technical signals to deliver a 60% profit.
#GRT/USDT has formed a symmetrical triangle on the chart, indicating a period of consolidation. The price action suggests the potential formation of a double bottom pattern and #GRT breaks out of this symmetrical triangle, it could lead to a significant upward movement, targeting the $0.70 level.
#Chainlink (LINK) is currently undergoing a critical retest of its support level, setting the stage for a potential bounce towards the $30 target. This retest is a significant technical event, as it provides traders with an opportunity to assess the strength of the support and the likelihood of a bullish reversal. Here's a detailed analysis of #LINK/USDT's current...