BTC dominance breakout ascending triangle and retesting above it. A successful retest is a sign of it's upward direction and a fail retest will confirm it's downward direction. ➖➖➖➖➖➖➖ - Med Signals®
USDT dominance is moving in an descending triangle, after rejecting from the potential reversal zone of bearish ALT AB=CD pattern. Point of control balance is coming at 4.76%. A successful breakdown of descending triangle will further confirm it's downward move towards point of control level and that would be a bullish sign for market. As USDT dominance and...
BTC dominance bounced from the potential reversal zone of bullish bat pattern and currently in the overbought region with a possibility of forming a double top pattern. Currently it is trading above the horizontal support, which is also the neckline of double top, breakdown of the neckline, while BTC consolidates or pumps would be a bullish sign for...
BTC breakdown the horizontal support, which is a key level for bulls to hold. A more downward move is expected in BTC and only if it reclaims above the horizontal demand zone then this move would be considered as a bearish trap and a bullish trend will continue, that has a very less possibility according to the current market situation. ➖➖➖➖➖➖➖ - Med Signals®
BTC has filled it's gap at $32,900. Now it has the closest gap at $35,600 and the other gap is coming at $24,600. Now we have to see the reaction at the current level, whether we will see a fast move upward or more downward move towards the next down gap. Unfilled order block is also coming at $31,000. ➖➖➖➖➖➖➖ - Med Signals®
BTC filled the unfilled order block and CME gap. Still retest of the broken trendline is pending and there is also a marked unfilled gap there. We can expect a reversal from here to filled the unfilled gap and do retest of the trendline, which will confirm the direction of BTC. ➖➖➖➖➖➖➖ -Med Signals®
BTC bounced from the potential reversal zone of bullish shark pattern and currently rejecting from the horizontal resistance on 1H TF. A successful breakout above the horizontal resistance will confirm bullish trend in BTC, while a rejection from here would confirm another leg down. ➖➖➖➖➖➖➖ - Med Signals®
USDT dominance is trading around point of control support and trend-line resistance on 1D TF. Breakout of the trend-line resistance is a bullish sign for it and bearish for crypto market and a successful breakdown below point of control level would confirm bearish trend in it and that would be a bullish sign for crypto market. ➖➖➖➖➖➖➖ - Med Signals®
US dollar is currently at a very important resistance level, from where we have seen massive dumps in it. Formation of triple top can be expected from here, if it rejects from the current zone and breakout of the current resistance is a bullish sign for DXY. ——— Med Signals®
USDT dominance is currently rejecting from the trend-line resistance, after doing a fake out. A rejecting from the current trend-line resistance is a bullish sign for the market, while a successful breakout above the trend-line resistance is a bearish sign for the market. USDT dominance and crypto market works opposite to each other. ➖➖➖➖➖➖➖ - Med Signals®
BTC is currently holding above horizontal and ascending channel support. A formation of 2nd bottom is also expected here. BTC took all the liquidity above point of control and MA50 and we have seen a sharp move down towards support after that. A lot of new positions has also been opened after breakout of MA50 and point of control. So, BTC trapped new...
FIL is currently holding above strong support and also the formation of triple bottom pattern is also expected here. FIL is rejecting from the descending trend-line resistance, a breakout of trend-line will confirm a short term bullish trend in it and breakout of triple bottom neckline is the confirmation of bullish rally in it. ➖➖➖➖➖➖➖ - Med Signals®
BTC is trading below the pitchfork resistance level and consolidating in a bearish flag on 3D TF. BTC is trading in 3-Day range between 48065 and 32338, which are the key levels to observe to decide bull or bear market. As BTC is consolidating in a bear flag, so further consolidation can be expected and a successful breakdown of bearish flag would be a...
BTC grab out the liquidity. filled the unfilled order block and perfectly bounced from the potential reversal zone of bullish bat pattern with a very good increasing volume that is indicating a bullish trend from here. As previously breaking the market structure in the previous impulsive wave BTC has left an unfilled order block and liquidity in the marked...
BTC is currently holding above trend-line support and as we have seen previously ling liquidity wick and a lot of stop losses are lying in the marked liquidity zone. Here we can expect the same liquidity grab and if BTC losses that grab zone then further bearish trend is expected in the market. ➖➖➖➖➖➖➖ - Med Signals®