#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.
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ETHFI/USDT All entry targets achieved
Average Entry Price: 2.55 💵
🌹 #ETHFI/USDT
🟢 LONG
✅ Entry: 2.6 - 2.5
❌ Stoploss: 2.22
🎯 Targets : 2.7 , 2.8 , 2.96 , 3.12, 4
🔰 Leverage : Cross 10X
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#NOT/USDT Take-Profit target 5 ✅
Profit: 74.1473% 📈
Period: 1 Days 7 Hours 24 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#NOT/USDT Take-Profit target 3 ✅
Profit: 49.9259% 📈
Period: 1 Days 7 Hours 14 Minutes ⏰
Binance Futures, Bitget Futures, KuCoin Futures
#AVAX/USDT Take-Profit target 5 ✅
Profit: 278.2639% 📈
Period: 23 Days 3 Hours 16 Minutes ⏰
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Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#NOT/USDT All take-profit targets achieved 😎
Profit: 86.7935% 📈
Period: 2 Days 11 Hours 10 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#ETHFI/USDT Entry 1 ✅
Average Entry Price: 2.6 💵
#1000SATS/USDT ANALYSIS
1000SATS has broken out of the descending channel with significant volume and is currently trading above the triangle.
The Ichimoku cloud is acting as resistance above the current price action, while the 21-day moving average is providing support. We need to wait for a successful retest above the channel for bullish confirmation.
🇺🇸 The news of Joe Biden's rejection of the democratic representation in the upcoming US election led to an immediate small panic drop in crypto prices.
Though wildly different circumstances, the news of the Trump attempted assassination from 2 weeks ago caused a similar price pattern. Throughout the closing hours of Sunday, prices quickly bounced after an initial drop, and are now quite volatile to start the week.
Expect for Biden's endorsement of Kamala Harris as a signal that any news of her or other potential replacement candidates will be consistently trending topics that impact crypto. Regardless of your own vested interest (or indifference) to US politics, social volume of these major topics continue to prove fragile correlations with speculation-driven cryptocurrency prices.
#BTC/USDT ANALYSIS
Bitcoin is currently trading near its resistance trendline after a robust rebound from the support trendline, indicating strong upward momentum.
Positioned above the Ichimoku cloud and the 100-day moving average, which are providing significant support, the current price action suggests bullish sentiment.
A breakout above the resistance, followed by a successful retest, could trigger another bullish rally, potentially pushing the price higher.
However, there is also the possibility of a decline if the price fails to break through the resistance trendline, emphasizing the critical nature of this juncture in Bitcoin's price trajectory.
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#NOT/USDT Take-Profit target 4 ✅
Profit: 62.5927% 📈
Period: 1 Days 7 Hours 21 Minutes ⏰
Binance Futures, Bitget Futures, KuCoin Futures
#AVAX/USDT All take-profit targets achieved 😎
Profit: 325.5163% 📈
Period: 23 Days 3 Hours 28 Minutes ⏰
💰 #AVAX/USDT
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