#BTC/USDT ANALYSIS
Bitcoin has recently broken below the horizontal demand zone of a descending triangle pattern, signaling a potential shift in market sentiment. It is currently in the process of retesting the lower boundary of the triangle.
The Ichimoku Cloud reinforces this bearish outlook, with its indicators showing increased downward momentum. If the retest of the triangle's boundary confirms this bearish bias, we could see a continuation of the decline, potentially leading to a significant drop in price.
Conversely, if Bitcoin fails to sustain below this level during the retest, it may enter a phase of consolidation within the descending triangle.
#DYDX/USDT ANALYSIS
DYDX is currently trading within a major horizontal demand zone after a strong rejection from the resistance trendline. The 21-day moving average is acting as resistance.
We can expect a potential bounce from this key demand level. However, if DYDX breaks down below the horizontal demand zone, we could see it reach new lows.
#XRP/USDT ANALYSIS
XRP is currently consolidating within a symmetrical triangle pattern. It is facing rejection from the trendline of the triangle, with the Ichimoku cloud also acting as a barrier.
We should wait for a decisive breakout or breakdown to confirm XRP's next move.
Binance Futures
#BB/USDT Take-Profit target 6 ✅
Profit: 80.5343% 📈
Period: 5 Hours 14 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT
#BB/USDT Take-Profit target 4 ✅
Profit: 45.2269% 📈
Period: 3 Hours 39 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT
#BB/USDT Take-Profit target 2 ✅
Profit: 25.6335% 📈
Period: 3 Hours 11 Minutes ⏰
Binance Futures, KuCoin Futures, OKX Futures
#LQTY/USDT Take-Profit target 4 ✅
Profit: 63.9148% 📈
Period: 7 Days 4 Hours 7 Minutes ⏰
Bitget Futures
#XRP/USDT Take-Profit target 4 ✅
Profit: 390.5992% 📈
Period: 7 Days 4 Hours 4 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT
#BB/USDT Take-Profit target 1 ✅
Profit: 15.9104% 📈
Period: 7 Minutes ⏰
KuCoin Futures
#QNT/USDT Take-Profit target 4 ✅
Profit: 62.5177% 📈
Period: 7 Days 4 Hours 41 Minutes ⏰
OKX Futures
#MAGIC/USDT All take-profit targets achieved 😎
Profit: 216.612% 📈
Period: 1 Days 3 Hours 14 Minutes ⏰
Binance Futures, KuCoin Futures, OKX Futures
#YGG/USDT All take-profit targets achieved 😎
Profit: 216.656% 📈
Period: 17 Hours 18 Minutes ⏰
Binance Futures, KuCoin Futures, OKX Futures
#MASK/USDT Take-Profit target 4 ✅
Profit: 157.0916% 📈
Period: 17 Hours 4 Minutes ⏰
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#WLD/USDT Take-Profit target 5 ✅
Profit: 184.832% 📈
Period: 17 Hours 2 Minutes ⏰
OKX Futures
#MAGIC/USDT Take-Profit target 5 ✅
Profit: 184.9652% 📈
Period: 17 Hours 0 Minutes ⏰
#BTC/USDT ANALYSIS
Bitcoin remains within a descending broadening wedge pattern after sweeping liquidity below it. Currently, it is rebounding off the support trendline.
The 200 MA and the Ichimoku Cloud are both serving as resistance above the current price action. A solid breakout from the pattern is anticipated soon, which could lead Bitcoin to reach a new high.
#BTC/USDT ANALYSIS
Following the breakdown of the rising wedge pattern, the price has experienced a downward movement and is currently trading below the Ichimoku Cloud, indicating a potential for further decline.
The presence of a CME gap between the 60,845 and 58,790 levels suggests that the market may seek to fill these gaps before establishing a new direction.
Historically, once such gaps are filled, the market often experiences a reversal, which in this case could lead to a strong bullish rally.
Bitget Futures
#XRP/USDT All take-profit targets achieved 😎
Profit: 541.646% 📈
Period: 7 Days 16 Hours 24 Minutes ⏰
Binance Futures, Bitget Futures
#BB/USDT Take-Profit target 5 ✅
Profit: 59.1632% 📈
Period: 4 Hours 19 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT
#BB/USDT Take-Profit target 3 ✅
Profit: 35.3565% 📈
Period: 3 Hours 25 Minutes ⏰
Bitget Futures
#XRP/USDT Take-Profit target 5 ✅
Profit: 462.4959% 📈
Period: 7 Days 4 Hours 8 Minutes ⏰
Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#LQTY/USDT Take-Profit target 3 ✅
Profit: 51.4869% 📈
Period: 7 Days 4 Hours 4 Minutes ⏰
#BTC/USDT ANALYSIS
Bitcoin is rebounding from the horizontal demand zone, where the 200 MA is providing support. Currently, the Ichimoku cloud is acting as resistance, indicating bearish momentum.
A breakout above the Ichimoku cloud barrier could lead to further upward movement, while a breakdown below the horizontal demand zone and 200 MA would signal a bearish trend.
KuCoin Futures, OKX Futures
#MASK/USDT All take-profit targets achieved 😎
Profit: 217.31% 📈
Period: 1 Days 4 Hours 17 Minutes ⏰
Binance Futures, KuCoin Futures, OKX Futures
#MASK/USDT Take-Profit target 5 ✅
Profit: 185.8169% 📈
Period: 1 Days 3 Hours 14 Minutes ⏰
Binance Futures, ByBit USDT, KuCoin Futures, OKX Futures
#WLD/USDT All take-profit targets achieved 😎
Profit: 216.4699% 📈
Period: 1 Days 3 Hours 1 Minutes ⏰
Binance Futures, KuCoin Futures, OKX Futures
#MINA/USDT Take-Profit target 5 ✅
Profit: 185.0962% 📈
Period: 17 Hours 14 Minutes ⏰
Binance Futures, Bitget Futures, KuCoin Futures
#AVAX/USDT All take-profit targets achieved 😎
Profit: 324.057% 📈
Period: 1 Days 17 Hours 47 Minutes ⏰
Binance Futures, ByBit USDT
#1000PEPE/USDT All take-profit targets achieved 😎
Profit: 103.6226% 📈
Period: 6 Days 18 Hours 3 Minutes ⏰
Binance Futures, KuCoin Futures, OKX Futures
#MINA/USDT Take-Profit target 4 ✅
Profit: 156.5004% 📈
Period: 16 Hours 51 Minutes ⏰