Remeber this signal is only for spot.
I can see on this chart shows Bitcoin's price action on a daily time frame, highlighting a rising wedge pattern. Bitcoin recently experienced a sharp drop and is now testing the support level near the trendline. The RSI shows a bearish divergence, confirming potential downward momentum. Pay attention to the MACD and RSI for confirmation of the bearish trend.
The pattern in focus is a rising wedge (yellow lines), followed by a potential breakout or breakdown. Fibonacci retracement levels have been applied to assess key support and resistance zones.
This chart represents the USDT Dominance (the percentage of total market cap controlled by USDT) on a weekly timeframe. The chart shows a descending triangle (orange lines) with support and resistance levels marked. USDT dominance has been declining since reaching a peak and appears to be testing the lower trendline support. The price is showing signs of breaking down below the lower trendline, suggesting further bearish movement. The MACD has recently crossed into the bullish territory, indicating some momentum. A break below the trendline could indicate further downside, possibly targeting lower levels. Conversely, a bounce could suggest a rise in USDT dominance.
Entry price-74231.76
1st tp- 88035.34
2nd tp-91044.30
3rd tp- 112290.91
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