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Mr M
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#ALTS MARKET CAP ANALYSIS The ALTS market cap is experiencing a significant rebound from the support trendline of the descending channel, signaling potential bullish momentum. This rebound is currently facing resistance from the Ichimoku cloud, which is acting as a barrier. However, the 200-day Moving Average is providing strong support, further indicating a bullish trend. A decisive breakout above both the Ichimoku cloud and the descending channel would likely trigger a robust bullish rally in the ALTS market, suggesting substantial upward movement and positive investor sentiment.
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$APT #APTOS is crossing the wedge pattern and resistance level of $6.80-$6.30. If #APT is not able to break out of the pattern this time also, we may see a deeper fall in the price, although the downward trend has slowed down, but the price has also broken the ascending channel that was formed in the higher time frame. To confirm the failure of the two resistances, the price should grow to at least $7.50, and then it can be expected to start growing again in the ascending channel.$APT
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#TRON🔻 is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. #TRX is likely to experience a correction against the trend soon, as it has reached the strong resistance at $0.13 . This correction will present an opportunity to go long. We expect the price to pull back following the level breakout and then continue trending upwards. the first target is resistance zone at $0.145
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#PEPE😀 has been respecting the descending resistance line, repeatedly getting rejected at this level. The major support zone is $0.00000765 - 0.00000835 . If the price fails to hold above this level, it could lead to a further drop towards the next support at $0.0000066. For the bearish scenario to be invalidated, #PEPEUSDT needs to break above the resistance at $0.00001225. This would signal a potential trend reversal and the start of a new uptrend. There's a bullish order block around $0.0000073, which could act as a strong support level, providing a potential bounce back if tested.
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#NOT/USDT ANALYSIS NOT is rebounding from the horizontal demand zone of the ascending triangle. A breakout of the triangle and the Ichimoku cloud would serve as bullish confirmation, as the Ichimoku cloud is also acting as resistance. Conversely, if it breaks down from the triangle, it could lead to a downward movement.
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