#WIF/USDT ANALYSIS WIF is currently trading above the horizontal demand zone of a descending triangle. This suggests a potential bounce, with a breakout of the pattern confirming a bullish trend. However, the Ichimoku cloud is also acting as resistance. Conversely, a break below the triangle could signal a downward movement.
#BTC DOMINANCE ANALYSIS BTC.D recently broke down from a rising wedge pattern on the weekly timeframe, indicating the potential for further decline. It is currently retesting the wedge's lower boundary. If this retest fails and BTC.D drops below the Ichimoku cloud, a significant decline could ensue, potentially triggering a strong bullish rally in the altcoin market.
#BTC/USDT ANALYSIS Bitcoin is currently trading within the ascending triangle. The price hovers near a key upward trendline of the triangle indicating strong support. The Ichimoku Cloud, with a green cloud beneath the current price, offers additional support, aligning closely with the trendline. Bitcoin's current consolidation around the trendline and the...
#BTC/USDT ANALYSIS Bitcoin is currently trading within the ascending triangle. The price hovers near a key upward trendline of the triangle indicating strong support. Bitcoin's current consolidation around the trendline and the cloud's edge suggests a crucial decision point, a breakout above this triangle would be a bullish signal, while a break below may lead...
BTC.D has recently broken down from a rising wedge pattern on the weekly timeframe, a bearish indicator that suggests potential for further decline. Currently, BTC.D is in the process of retesting the lower boundary of the wedge. If this retest is successful and BTC.D continues to fall, it could signal a significant downward movement. This scenario typically...
Bitcoin is consolidating within a rectangular channel and is currently rebounding above the mid-trendline. The 100-day Moving Average is acting as a key support level. A successful breakout from the channel would confirm a bullish trend. However, if the price loses this trendline support, further price movement within the channel can be expected.
hi guys ..this is a last analysis btcusdt in daily time frame!becareful