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Kriptoloji
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Bullish
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The sweetest times have begun:
#btcdom
is dropping, snow is falling outside, and the market is all green. š
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A new week has begun, and the market is neither moving forward nor backward. Letās take a look at the overall structure. The upper section of the chart shows BTC Dominance , while the lower section displays $ETH . BTC Dominance has returned to the channel support zone on the weekly timeframe. Unfortunately, last week, it made a strong move upward and re-entered the channel. Now, we are back at the support level. If $BTC Dominance continues to rise, the performance of altcoins, including ETH, may remain limited compared to BTC. ā¢ The ETH chart shows a potential falling wedge formation, but a strong breakout with volume is needed to confirm it. For a bullish outlook, we need a breakout followed by sustained price action above the resistance. ā¢ If BTC Dominance pulls back, ETH has a higher chance of recovering or experiencing an upward move. In summary, if BTC Dominance breaks down from resistance, we may see movement on the ETH side. However, if there is no breakdown, the pressure will likely continue. Wishing everyone a great day and profitable trades! š #BinanceAlphaAlert
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$ARKM The chart shows that the price has been consolidating within a falling wedge pattern for some time. Typically, this formation signals a potential breakout to the upside if confirmed. Currently, the key support level appears to be around 0.65, and if it breaks down, selling pressure could increase. On the upside, the first resistance zone is in the 0.80 ā 1.00 range, and a strong breakout above this level could push the price toward 1.20. However, since the downtrend hasnāt been fully invalidated yet, itās crucial to monitor trading volume and overall market sentiment closely. If support levels fail to hold, further downside movement could still be on the table. #BNBRiseContinues #CZBroccoliMeme
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Happy Saturday to everyone! āØ #Binance Co-Founder has joined us! He Yi has also created a trader profile. Letās all welcome her together! š @Yi He
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My eyes are on $ARKM , but $BTC isnāt letting it move. It started to gain momentum last night. I used my last bullet on ARKM last week. Iāll update in the eveningānow Iām off for a parachute flight. Wishing everyone a great weekend. Cheers! š
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