$LDO is down nearly 25% after the SEC alleged that they are a security. Taking a "gamble" by going long since there isn't much volume in the market due to the weekend.
After breaking down the ascending trendline (dashed line), BTC is now trading above the 100 MA, which is currently acting as support. A bounce from this level and a subsequent breakout of the pattern would serve as bullish confirmation. However, if BTC loses the 100 MA support, we can expect a downward movement and further consolidation within the triangle. #BinanceTournament #BinanceTournament #Write2Earn! #TopCoinsJune2024 follow me for more market updates $BTC
Trying to short with big position again, this looks the most appropriate time to short.
Please understand its a big account and i usually play swing on this. Monday is almost here, we got a bullish weekend. Sooner we will turn red running down the till Friday. Make a fake out and take the pending liquidity first and than long till gold😁⭐️. Currently only two sol and btc on short
Another interesting chart that caught our eye is $ENJ . This one was one of the star performers of the previous bull run. Currently in a heavy accumulation zone, once breakout happens, fireworks shall start. The last target is the previous all-time high, which is almost a 1000% gain from the current price. But again, do not go all in; only invest the amount you are willing to lose and take entry in parts.
✅ ENTRY : 👉0.4840 👉0.3450 👉0.2895
TARGET : 🎯0.7906 🎯1.3434 🎯2.4666 🎯4.2022 🎯5.1066
IMPORTANT NOTE: As the analysis was conducted on a higher time frame, it may take some time for the price to reach all its targets. Consequently, it is advisable to refrain from investing your entire portfolio in spot trading and allocate a smaller portion instead.
The US dollar continues to move within the confines of a symmetrical triangle. It is currently trading below the trendline, the MA 100, and encountering resistance from the Ichimoku cloud. A rejection appears to be a plausible scenario.
We can anticipate further oscillation within the triangle until a definitive breakout or breakdown materializes. It's important to acknowledge its inverse relationship with the crypto market
XRP is retesting above the symmetrical triangle on the weekly timeframe, with the MA 200 acting as support. It is on the verge of breaking out of the Ichimoku cloud. The MACD crossover indicates bullish momentum. A successful retest or a breakout above the Ichimoku cloud would confirm the bullish trend.