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#BTC/USDT ANALYSIS The current market conditions are marked by low trading volume, indicating uncertainty between bullish and bearish forces. MACD crossover is losing bearish momentum. The bulls need a high volume move to break the MA 100 for the bullish confirmation, while a sustained breakdown of the horizontal support would be a bearish sign.
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⬜️ DYDX token approved to become native asset of upcoming dYdX Chain
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#LPT/USDT #LONG Entry : 6.912 - 6.851 Targets : 6.960 7.105 7.249 7.394 Stoploss: 5.484
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👀 FTX wallets have started transferring tokens. FTX cold wallet transfers over $10 million in tokens (LINK, SUSHI, LUNA and YFI) from Solana to Ethereum via Wormhole.
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#BTC/USDT ANALYSIS BTC got rejected after doing a fake out above the MA 200 and couldn't able to reach the descending trendline. Currently, it is trying to hold above the horizontal support. MACD crossover and the RSI are showing neutral signs as volume is very low in the market. A good volume bounce and breakout of the descending trendline would be the bullish confirmation, while a sustained breakdown would be a further correction sign.
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