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🚨🔥 #BTC/USDT ANALYSIS 🤔 Bitcoin has broken down the support trendline of the rising wedge pattern and is currently testing the Ichimoku cloud support level. A breakdown from this level could lead to further market correction. Conversely, we might expect a bounce from the horizontal demand zone level. #ANALYSIS $BTC 🦉
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🔥🚨 #TOTAL MARKET CAP ANALYSIS 🤔 The total cryptocurrency market cap is trading within a rising wedge pattern and is currently being rejected by horizontal resistance. The Ichimoku cloud is providing support below the pattern, while the 21MA is acting as resistance. A sustained breakdown from the pattern would indicate a bearish trend in the crypto market. Conversely, a bounce from the support trendline could lead to further consolidation within the pattern. #TOTALMARKETCAP #Altcoins👀🚀 🦉 $SOL $SXP $FET
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🚨 #ALTS MARKET CAP ANALYSIS 🤔 The ALTS market cap is consolidating within a bull flag pattern after a strong rebound from the support trendline. The Ichimoku cloud is acting as resistance above the current price action. A solid breakout from the pattern will likely lead to a strong upward movement in the ALTS market. However, if it breaks below the support trendline, the pattern will be invalidated. #TOTALMARKETCAP #Market_Update #ANALYSIS $ETH $SOL $BNB
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🚨 #BTC/USDT ANALYSIS 🤔 Bitcoin has bounced from the support trendline of the rising wedge pattern. Currently, it is being rejected by the resistance trendline of the pattern. The MACD crossover is poised to turn bearish. A sustained breakdown of the rising wedge would confirm a bearish trend, whereas further consolidation within the triangle is also possible. On the other hand, if it breaks above the pattern's resistance trendline, the pattern will be invalidated. 🚨Stay tuned for new daily updates crypto market 💪🔥 . . and of course click "Follow" button 😉👌👍 🤜🤛 🦉 #ANALYSIS #Bitcoin $BTC
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🚨#BTC DOMINANCE ANALYSIS 🤔 #BTC.D has strongly rebounded from the support trendline of an ascending triangle, breaking through the triangle with significant volume. A successful retest above the triangle would indicate further upward movement for BTC.D. Conversely, failure to hold above the triangle might result in continued price movement within it. Both the 50MA and 100MA are showing bullish strength. It's noteworthy that BTC.D typically exhibits an inverse relationship with the altcoin market cap. #ANALYSIS
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