It will be very bullish If $BTC closes weekly candle like t | A Fallen Angel on Binance Square

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It will be very bullish If $BTC  closes weekly candle like this

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BTC

105,575.61

+0.09%

283

0

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#BTC/USDT ANALYSIS After rebounding from the horizontal demand zone of the descending triangle pattern, the price is now facing rejection at the pattern’s resistance trendline. The Ichimoku Cloud is also acting as a resistance barrier above the price action. A breakout above both the trendline and the cloud would signal a potential bullish trend. Alternatively, the price may continue to consolidate within the pattern until a decisive move occurs.

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#ICP/USDT ANALYSIS ICP is currently consolidating within a symmetrical triangle pattern and gaining momentum from the support trendline. The Ichimoku Cloud is also indicating bullish momentum. A decisive breakout above the triangle, followed by a successful retest, would confirm a bullish trend.

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#BTC It reclaimed 104181 as support as expected, So now in LTF it must start trading above the Previous Swing high 106036 to grab the BSL above 106816. However my eyes on the BSL lying above 111917 which will be targeted Sooner than u think

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#US DOLLAR ANALYSIS The US Dollar is currently trading within a horizontal demand zone, while the Ichimoku Cloud is acting as a resistance barrier above the price. A breakdown below this zone could lead to further downside, but a potential bounce from this level is also possible. Monitor upcoming price action closely for confirmation. Given the US Dollar’s typical inverse relationship with the crypto market, this development could be especially significant for crypto traders.

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#TOTAL MARKET CAP ANALYSIS The total crypto market cap is consolidating within a descending channel and is currently trading just below the channel's resistance trendline. The Ichimoku Cloud is also acting as a key resistance barrier above the price. A decisive breakout above the channel, followed by a successful retest, would confirm a bullish reversal and could trigger a strong rally across the crypto market.

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