Most altcoins, including TLM, are currently in a bearish channel with a target towards 0.109. The crypto market as a whole is entering a correction phase after the sharp rise of recent weeks. This correction is beneficial to attract investors towards the support with a view to a more significant next increase. Stay alert for opportunities. #crypto2023 #BinanceBlockchainWeek
A correction is expected on BTC/USDT towards 31,700. This could well happen in the market before the start of the new year, thus preparing for the BTC halving. Warning ⛔️: no purchases before 31,700. Have a good week! #BTC🔥🔥 #crypto2023
BTC dominance has established a bearish flag pattern, duly confirmed following the breach of the flag support at 52.78%, pointing to a target of approximately 51.8%. Should Bitcoin’s price surge while dominance continues to decline, it is likely to expedite the upward momentum of altcoins. Keep a vigilant watch on this scenario for potential opportunities and shifts in the market dynamics.
Technical analysis of the RDNT/USDT pair on the daily chart indicates a validated double bottom pattern. I recommend placing a stop-loss order with the daily candle closing below the neckline at 0.253. The profit target is set at the distance between the trough and the neckline, aiming for 0.33. This analysis suggests a substantial upside potential, contingent upon the confirmation of the double bottom pattern.