Bitcoin is currently trading within a descending broadening wedge, with price action hovering just below the wedge's resistance trendline. The Ichimoku Cloud is providing crucial support beneath, signaling potential buildup for the next big move.
A breakout above the wedge's resistance, backed by strong volume and momentum, could mark a bullish shift, leading to a potential new peak. The Ichimoku Cloud would then act as foundational support, confirming a sustained rally toward higher levels. 🚀
💸🔥🔥🚀 $BTC price is rising, but liquidity is still lacking...
On the chart, the purple line needs to cross above the white line, and the shaded area should turn green. Every bullish move has started once liquidity levels improved, and this time likely won’t be any different.
We're waiting for the Fed to shift policy toward QE. 📊
XVS is breaking out of an ascending triangle, with the Ichimoku Cloud offering strong support below. A confirmed breakout could trigger a bullish rally, so keep a close eye on this move! 👀🚀
Arweave has broken out of a falling wedge pattern, signaling bullish momentum. Currently, it's facing resistance at the daily MA 100 and the Ichimoku Cloud.
If it breaks above these resistance levels, we could see the price surge to targets of $28.89, $35.14, and $49.50. 🚀