Bitcoin is consolidating within an ascending triangle pattern and is currently facing rejection from the horizontal supply zone. The Ichimoku Cloud below is acting as support, indicating underlying strength.
A breakout or breakdown is needed to confirm the next directional move. Keep a close watch on the price action.$BTC #BTCRebound
The S&P 500 is rebounding from the support trendline of the rising wedge pattern. Currently, the 50MA is acting as support, while the 21MA is serving as a resistance barrier above the price action.
A breakout above the 21MA could lead to further upward movement within the pattern, whereas a breakdown below the 50MA and the pattern would signal further downside. Keep a close watch on the upcoming price action developments.#AbuDhabiStablecoin
There is a small uptrend line that acts as support, and the price is heading towards a major resistance area. A break above this resistance will propel the price to a new all-time high.
#BTCUSDT Bitcoin is in a bullish position. As you can see in the chart, the price has managed to bounce back nicely after hitting the support area. We expect the price to at least reach the ceiling of the pattern and even reach $150,000. #BTCvsMarkets
ZEC is rebounding from the support trendline of the ascending triangle pattern. It is currently testing the Ichimoku Cloud, which is acting as support. A breakout from the pattern could confirm a bullish trend. Keep a close watch on it.#ZECUSDT
We can already say that the coin has successfully exited the three-month peak ⬇️. The downtrend is coming to an end.
According to my forecast, the price is rising. All thanks to liquidity removal under the global support zone at ~$115 and ~$125. This false breakdown was the trigger for the reversal 📈.
Now we can state the fact that the price has returned to the range, relevant for more than a year. It is sideways after the growth at the end of 2023 - beginning of 2024.
The nearest resistance for the price here is the 200-day EMA and the mirror zone between ~$180 and ~$195. It is most likely that the price will gradually move towards them 🎯
🔥 CQ: Despite #BTC jumping more than 20% from its recent low, funding rates on Binance futures remain extremely negative... Current investor sentiment and price behavior suggest that BTC is likely to break its previous record highs.
Bitcoin is currently consolidating within a symmetrical triangle pattern, rebounding from the support trendline. The 21MA is acting as a resistance barrier above the price action.
A decisive breakout or breakdown is needed to confirm the next directional move. It’s important to closely monitor further price action developments. #BTCvsMarkets
USDT Dominance is consolidating within a descending triangle pattern and is currently facing rejection from the resistance trendline. The price remains below the Ichimoku Cloud, which continues to act as a resistance barrier.
This setup favors the potential for further downward movement. However, a breakout above the pattern with strong volume could signal a potential upward move. Keep a close eye on the upcoming price action.
Given its inverse correlation with the broader cryptocurrency market, a decline in USDT Dominance could indicate growing bullish momentum across the crypto space.#BinanceAlphaPoints
The price has broken above the downtrend resistance line and is now gradually moving upward. The next resistance level is at $1, where we anticipate some profit-taking and selling activity. This is currently a no-trade zone, and we are waiting for a clear movement in either direction before considering new entry points. #STX
#COMPUSDT We can have a 300% profit position, the conditions you see in the fourth are a good position. The price is in a lower position and the price seems to have finished the downtrend and is about to start a trend so this could be a good profit.#Comp