#ETH/USDT ANALYSIS
ETH has broken out of the descending triangle and successfully retested, following a strong bounce from the horizontal demand zone within the triangle.
It is currently trading inside the Ichimoku cloud, with the 100-day moving average acting as support below the current price action. A breakout above the Ichimoku cloud would indicate further bullish momentum for ETH.
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Average Entry Price: 0.5117 💵
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#ETHFI/USDT Take-Profit target 1 ✅
Profit: 58.8235% 📈
Period: 19 Hours 27 Minutes ⏰
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Exchanges: Bingx
Signal Type: Regular (Short)
Leverage: Cross (20х)
Entry Targets:
0.5117
Take-Profit Targets:
1) 0.50402
2) 0.49891
3) 0.49379
4) 0.48612
5) 0.48100
6) 0.47332
7) 🚀🚀🚀
Stop Targets:
5-10%
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#TOTAL MARKET CAP ANALYSIS
The total cryptocurrency market cap is trading above the Ichimoku cloud following a strong upward move from the channel's support trendline. A breakout above the channel would indicate further bullish momentum for the crypto market.
Conversely, if the market cap breaks below the Ichimoku cloud, which is currently acting as support, we could expect a downward movement.
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Exchanges: Bingx
Signal Type: Regular (Short)
Leverage: Cross (50х)
Entry Targets:
0.0118107
Take-Profit Targets:
1) 0.01163
2) 0.01152
3) 0.01140
4) 0.01122
5) 0.01110
6) 0.01092
7) 🚀🚀🚀
Stop Targets:
5-10%
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🔥$SOL LONG
Entry price: market.
Average: 169.40.
Targets: 174.00, 175.44, 178.32.
‼️Important:
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2. Choose the leverage at your discretion. If you have little trading experience, use no more than x5.
#BTC/USDT ANALYSIS
Bitcoin is currently consolidating within a descending channel pattern on the 2D timeframe. It is trading above the Ichimoku cloud, which is providing support below the price action. A breakout above the channel is needed to signal another bullish rally in the market.
Conversely, if the price fails to break through the resistance trendline, we may see continued price movement within the pattern, potentially leading to a decline.