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Which crypto currencies do You have?
#BTC
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31%
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BTC
59,260
+1.20%
BNB
518.5
+2.53%
SOL
145.69
+1.44%
464
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BITCOIN IS PERFECTLY FOLLOWING THE PAST 3 ELECTION YEARS PATTERN - 4 MONTHS OF CONSOLIDATION - CONSOLIDATION RANGE IS 30%-35% - ONE DROP OF 25% OR MORE DURING THAT TIME PERIOD - BREAKOUT IN OCTOBER OR NOVEMBER #CryptoMarketMoves #BinanceTurns7 #BTC $BTC
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๐จ๐จ #BTC DOMINANCE ANALYSIS ๐ค #BTC.D is consolidating within a rising wedge pattern, with the Ichimoku cloud providing support below the current price action. We should wait for a confirmed breakout or breakdown to determine the next move. A breakout from the wedge could indicate further declines in altcoins. Conversely, if BTC.D breaks down from the wedge and successfully retests it, we can anticipate a bullish rally in the altcoin market. #BTC.Dominance #ANALYSIS $BTC
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๐จ๐ฅ #BTC/USDT ANALYSIS ๐ค 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 ๐ฆ
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๐ฅ๐จ #TOTAL MARKET CAP ANALYSIS ๐ค 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 #Altcoins๐๐ ๐ฆ $SOL $SXP $FET
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๐จ #ALTS MARKET CAP ANALYSIS ๐ค 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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