ENJ is currently consolidating within a falling wedge pattern, rebounding from the support trendline. The Ichimoku Cloud is acting as a resistance barrier above the price action. A decisive breakout from both the wedge and the cloud could signal the start of a bullish rally.
MANA has broken out of the descending triangle pattern with significant volume. Both the 21MA and 50MA are indicating bullish momentum, suggesting that a strong rally may be on the horizon.
Bitcoin remains below the key $100k level and is currently trending downward. The Ichimoku Cloud is providing strong support, indicating underlying bullish strength. It’s crucial to monitor price action closely for further developments before confirming the next move.
The S&P 500 has successfully broken out of its ascending triangle pattern and is now trading above it, with the Ichimoku Cloud providing strong support and signaling sustained bullish momentum.
After filling the CME gap, a minor pullback could occur, potentially setting the foundation for a robust rally.
Notably, the S&P 500's price movements often correlate with trends in the cryptocurrency market, making it an important indicator to watch for broader market insights.
🇺🇸 Senator Cynthia Lummis suggests that the U.S. government could create a Strategic Bitcoin Reserve without printing new money by revaluing its gold certificates at fair market value and exchanging them for 💰 $BTC