Price is currently trading in an ascending triangle and is now near the resistance area. A good upward movement is expected if the price breaks above the resistance area. Only open long positions after a breakout.
#W is a recently got listed in Binance project and moving over the major support area of $0.52 - $0.54. The price looks in a huge consoldiation range and moving very correctively. Range trading looks good from here towards the resistance around $0.75 - $0.77.
#ICP is now trading around 12.10$. #ICP is moving inside a symmetrical triangle on daily time frame. So the Possible scenarios are If the price pumps up and breaks out of the triangle, we can see bullish momentum in it. Otherwise If price dumps and breaks down the triangle, we can see bearish momentum. Stay tuned with us for further updates
#Bitcoin broke the triangle pattern in an upward direction but was unable to sustain the upward movement. The price is currently holding above the $67,000 support area, which is a positive sign. If the price breaks below this support area, we may see a move toward the $65,000 support area.
USDT.D is declining as anticipated following the breakdown of the rising wedge. It has also broken down through the Ichimoku cloud, with the 100-day moving average acting as resistance.
A further downward move in USDT.D is expected, which is a bullish sign for the crypto market, given their inverse correlation.
ARB has broken out of the ascending triangle and is currently retesting the area above it. A successful retest would confirm a bullish trend, while a failed retest and a sustained breakdown of the triangle would confirm a bearish trend.
#Alts Market Cap is now at 1.14T. Alts Market Cap has broken out a descending trendline on daily time frame. So the Possible scenario is According to technical analysis, we can see bullish momentum in it and we can also see bullish momentum in Alts also. Stay tuned with us for further updates
OMNI experienced a significant pump following the breakout of the descending trendline and horizontal resistance, which is now serving as support. The Ichimoku Cloud indicates a bullish trend. As long as OMNI continues to trade above this horizontal support, an upward movement is anticipated.
#ADA kept on bouncing from the major support zone of $0.41 - $0.42 and moving within the consolidation range below the Key Resistance Area of $0.54 - $0.55. The range itself huge enough to trade the range, so try to take the opportunity and Buy/Sell only after the breakout.
#DXY moved very correctively to the upside and retested the resistance again. Index formed the resistance now, and expected the drop from here. A Drop will lead in good market movement to the upside. Alternatively, A Daily Candle Closure, will lead the good correction in the market.
#BITCOIN on Weekly TF, gave a shallow closing over the resistance area. Price made a aggressive push to the upside, and hit the daily resistance area. Its getting a rejection and might have a retracement by next week.
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