VIP Market: $BTC #BinanceSquareFamily ➖➖➖➖➖➖➖ The bulls succeeded in defending the trendline support, leading to the formation of a new all-time high 🔥 Currently, the price is consolidating above the previous all-time high within a rising flag pattern. A breakout above the rising flag or a successful retest of the previous all-time high will serve as confirmation for the continuation of the bullish momentum.
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Bitcoin Dominance ($BTC ) ➖➖➖➖➖➖➖ The price of BTC.D has dropped after breaking down from an ascending wedge pattern, and it is currently in the process of retesting the ascending wedge.
The success of the retest confirms the likelihood of another drop. It is important to note that Bitcoin dominance (BTC) is usually inversely related to the market value of alternative cryptocurrencies.
#broccoli VIP Market Update: ➖➖➖➖➖➖➖ The descending triangle pattern has been restored after stop-loss orders were triggered below it. It is currently heading towards a potential breakout.
A successful breakout, followed by a retest of the triangle, will serve as a bullish confirmation.
#broccoli VIP Market Update: ➖➖➖➖➖➖➖ The descending triangle pattern has regained momentum after stop-loss orders were triggered below it. It is currently heading towards a potential breakout.
A successful breakout, followed by a retest of the triangle, will serve as a bullish confirmation.
$SUI VIP Market Update: ➖➖➖➖➖➖➖ The SUI stock is currently trading within a descending wedge pattern, which was followed by a strong increase. The 200-day exponential moving average indicates an upward trend. A breakout of the descending wedge pattern and successful retest is a strong confirmation of the upward trend.
Latest News It is clear that news of stock exchange breaches, fraud, or price manipulation can cause changes in the field of cryptocurrencies, so it is important to keep up with the market and read market news. Currently, another investigation is being conducted by the U.S. Securities and Exchange Commission (SEC) into the world's most famous stablecoin, Tether (USDT), which is pegged to the U.S. dollar on cryptocurrency exchanges. All investors in the cryptocurrency market are focused on it.
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