Bitcoin is currently trading above the horizontal resistance zone following a breakout from the pattern. It is now undergoing a retest above this level, with the Ichimoku Cloud indicating bullish momentum.
A successful retest would lead to a strong bullish rally. However, failure to hold this level could result in the price moving back inside the pattern.$BTC #TopCoinsSeptember
FIO has broken above the horizontal supply zone and is currently testing this level. The Ichimoku Cloud is providing strong support below the supply zone. A successful retest of this level would confirm an uptrend.
BTC Dominance is finally breaking out of the rising wedge pattern on the weekly timeframe. The 21MA is currently acting as support. A successful retest of the pattern could confirm a strong downward move.
It is important to note that BTC.D often has an inverse relationship with altcoin market cap, so this breakout could signal potential bullish momentum for altcoins. Keep an eye on$BTC
JOE is currently consolidating within a symmetrical triangle pattern, with the Ichimoku Cloud serving as a resistance barrier above the price action. A decisive breakout or breakdown of the pattern is needed to confirm the asset's next directional move.#BecomeCreator $JOE
Bitcoin continues to trade below the pivotal $100K level, signaling a struggle to reclaim this psychological barrier. Overall price action indicates a bearish trend, but the 50MA is providing significant support, highlighting the presence of bullish strength beneath the surface.
This support level serves as a key indicator of a potential recovery, as buyers appear to be actively defending it. However, the broader trend remains uncertain, with Bitcoin needing to regain upward momentum to shift sentiment in its favor.$BTC
#WOOUSDT A nice bullish pattern has formed. If it can break the resistance range of 0.28362 - 0.25546, we could see a strong upward movement and a bounce of at least 100% to the upside.#BecomeCreator $WOO
The ALTS market cap has broken above the horizontal supply zone and is currently undergoing a retest at this level. The Ichimoku Cloud below is offering strong support, signaling bullish momentum. A successful retest above the supply zone could trigger another bullish rally in the altcoin market.
ENJ is currently consolidating within a falling wedge pattern, bouncing off the support trendline. The Ichimoku Cloud is acting as a resistance barrier above the price action. A decisive breakout of both the wedge and the cloud could signal the start of an upside rally.#BecomeCreator $ENJ
MANA has broken out of the descending triangle pattern with significant volume. Both the 21MA and 50MA are indicating bullish momentum, suggesting a strong rally could be on the horizon.#TopCoinsSeptember2024 $MANA
Good morning everyone, international markets operating at a high and correcting #BITCOIN could bring a great opportunity to those who are still positioned, I intend to reallocate swing trade positions. A great week everyone