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#NOT/USDT ANALYSIS
NOT is currently rebounding from the horizontal demand zone within a descending triangle pattern.
The Ichimoku cloud is serving as a resistance above the descending trendline. We should wait for a decisive breakout or breakdown to confirm NOT's next move.
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#MOCA/USDT Take-Profit target 5 ✅
Profit: 73.9882% 📈
Period: 9 Days 6 Hours 11 Minutes ⏰
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#MOCA/USDT Take-Profit target 3 ✅
Profit: 49.9673% 📈
Period: 9 Days 1 Hours 6 Minutes ⏰
#USDT DOMINANCE ANALYSIS
USDT.D is trading within a symmetrical triangle on the weekly timeframe. It is currently facing rejection from both the Ichimoku cloud and the triangle's resistance trendline. The Ichimoku cloud acts as a resistance barrier above the price action, indicating bearish momentum.
A breakdown of the pattern would signal a bearish trend. It's important to note that USDT.D typically moves inversely to the broader crypto market.
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✅ Entry: 2.38 - 2.320
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Translation: en-en
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#MATIC/USDT ANALYSIS
MATIC is consolidating within a descending triangle and is currently trading within a horizontal demand zone. We can expect a potential bounce from this demand zone.
However, the Ichimoku cloud is acting as a resistance, indicating that caution is needed. It's essential to wait for a clear breakout or breakdown to determine the next move.
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#MOCA/USDT Take-Profit target 2 ✅
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Period: 9 Days 1 Hours 7 Minutes ⏰