#solana #sol price is now again testing the major support zone. Also, this may be the retest of CRYPTOCAP:SOL price to have another bull run. If #solusd loses 140 usd region , then the invalidation of bullish retest will occur.
#xrp #ripple price has just declined from daily ichimoku span. To say " CRYPTOCAP:XRP is bullish in short term" , #xrpusd must reclaim 3 usd first.
#XLM #stellar is now sitting on a major support zone (red box) and may likely have a bounce here for short term movement.
#stellar #xlm price is now testing a major resistance zone, now. This zone is also the bearish retest zone of where CRYPTOCAP:XLM broke the support. So, this retest will be very important.
#xrp price has formed bearish divergence and the price has flash dumped from 3 usd to 1.79 usd and bounced immediately. Well.. #ripple price has now choices to be bullish: 1. RSI must breakout. 2. MACD cross must happen. 3. CRYPTOCAP:XRP must not lose 2.20 #usd permanently. 4. CRYPTOCAP:XRP must breakout 4 usd with weekly closings.
#bitcoin #btc price has been declined from 4H Ema ribbons and ichimoku span resistance. In my previous ideas, i said CRYPTOCAP:BTC has entered distribution zone and the last phase (major sign of weakness) hasn't confirmed, yet but it' s proceeding! Only a new ATH (with not fake movement for only taking liquidations) may invalidate Wyckoff' s distribution...
#xlm CRYPTOCAP:XLM chart is moving in the support zone and may have bounce due to market conditions. #stellar is important for being #xrp 's cousin. Not financial advice.
#usdt #tether dominance made W bounce in about 1 year period and in weekly candle stick size, #usdtd also formed bullish divergence. This movement seems not good for #crypto and #altcoins in mid term.
#tether #usdt dominance chart the #usdtd looks bullish and may aid the wick it left upside. Bullish CRYPTOCAP:USDT dominance is bearish for #altcoins and #btc
#vix the volatility index is gaining momentum for another strike to markets. Take care on your risky positions and assets like #stocks and #crypto
#dowjones #DJI index has been forming a bearish double top and the first hard declination from this levels will probably confirm the trend reversal of DJ:DJI .Take care.
In this #usoil chart, it seems 2nd corrective wave is done and MARKETSCOM:OIL price is preparing for the 3rd impulsive wave.
#usdt #tether dominance has been defended the support zone very well above green line i drew on chart and now there' s chance that #usdtd may have a hard bounce. The invalidation: CRYPTOCAP:USDT dom. loses the green line with weekly closings.
#ethereum #eth price has been moving the descending wedge. First day of Feb, #ethusd declined from the channel resistance and it seems CRYPTOCAP:ETH needs minor correction to retrace and try again. Not financial advice.
#arkm $ARKM price has broken out the falling wedge and now retested. If this was a successful retest, then a mooning will be expected?
It' s near clearly seen that #bitcoin #btc chart is in Wyckoff' s Distribution Schematic. While president takes place, #btcusd made the up thrust and then retraced. If CRYPTOCAP:BTC manages to make a new impulsive movement to record a new ATH soon, then this bearish bias will be postponed. Remember my posts in start of march 2024, i said same. A quick new ATH is...
In my previous posts, i highlighted: CRYPTOCAP:BTC price is in distribution zone and #btcusd has been having bearish retests. The 3rd bearish retest succeeded with yesterday's dump and clear declination may bring #btc price to major support zones. In the chart, i showed the #btcusdt support zones. The ellipsis zone is the ichimoku span and dEMA100 support. A...
#xauusd #gold price has formed bearish diamond pattern. Red boxes are the strong support zones. Before the approval of dump, relief rallies MAY be expected. Good luck and not financial advice.