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#BITCOIN Analysis:
Bitcoin is hitting a new all-time high this month, already recording an impressive gain of 39.4%.
This reflects the strong bullish momentum in the market. Let’s see if it manages to surpass February’s returns.
Crypto Fear & Greed Index: 82.
Yesterday, the index was 83.
When the index surpasses 90, it signals a red flag, indicating a potential reversal at any moment.
When the index falls below 10, it suggests a green light, implying a potential reversal at any moment.
Note: This indicator reflects the overall market sentiment.
BREAKING: BITCOIN Spot ETFs saw over $770 million in inflows yesterday, underscoring rising institutional confidence in the asset.
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#ICP/USDT analysis :
#ICP is currently developing a symmetrical triangle pattern on the higher time frame (HTF). A breakout above the resistance level of $10.230 is anticipated, which could signal the continuation of a bullish rally. For a confirmed entry, it is advisable to wait for the price to surpass this resistance level.
TF : 1W
Entry : $10.230
Target : $20.500
SL : $7.760
#BAR/USDT analysis :
#BAR is currently in an uptrend, trading above the 200 EMA. The price has broken out of the trendline and is expected to continue its bullish momentum, with the potential to test the previous swing high.
TF : 4h
Entry : $2.109
Target : $2.560
SL : $1.900
#SUPER/USDT analysis :
#SUPER is currently in an uptrend, trading above the 200 EMA. The price has broken out of the trendline and is expected to continue its bullish momentum, with the potential to test the previous swing high. For a long entry, it is advisable to wait for a breakout above the $1.3870 level.
TF : 4h
Entry : $1.3870
Target : $1.5900
SL : $1.2590
#FIS/USDT analysis :
#FIS is currently consolidating sideways between support and resistance levels. It is recommended to wait for the price to break out above the resistance for a long entry, as an expansion in price is anticipated following this consolidation. A potential target level is $0.5708.
TF : 1W
Entry : $0.3868
Target : $0.5708
SL : $0.3190
Getting into #WIFUSDT
entry $3.62
Targets;
1)$3.874
2) $4.083
3) $4.217
Sl: $3.45
#FLM/USDT analysis :
#FLM is currently in a downtrend, trading below the 200 EMA. The price is consolidating sideways within a support and resistance zone. It is currently facing rejection at the resistance zone and is expected to decline from this point, testing the support zone.
TF : 1D
Entry : $0.0620
Target : $0.0500
SL : $0.0700
#WING/USDT analysis :
#WING has broken down below its support zone and has retested that zone. The price is currently facing rejection at this zone and is expected to continue its bearish momentum, aiming to test the previous lows.
TF : 2h
Entry : $5.337
Target : $4.596
SL : $5.803
#EGLD/USDT analysis :
#EGLD is currently in an uptrend, trading above the 200 EMA. The price has successfully broken out and retested the previous swing high resistance levels. It is anticipated that the price will bounce back from this point and continue its bullish momentum, aiming to test the recent swing high.
TF : 4h
Entry : $28.44
Target : $33.75
SL : $26.00
MEMECOINs have been the best-performing sector compared to others in recent times, experiencing significant gains.
Their popularity continues to rise, attracting both new and experienced investors.
#BTC.D Analysis:
BTC Dominance (BTC.D) at 61.43% indicates that Bitcoin currently commands 61.43% of the total cryptocurrency market capitalization. This suggests that Bitcoin is dominant compared to altcoins, which often reflects market sentiment and trading behavior.
#MASK/USDT analysis :
#MASK is currently in an uptrend, characterized by higher highs (HHs) and higher lows (HLs), and is trading above the 200-period exponential moving average (EMA).
The price is presently consolidating above a key support zone, and it is anticipated that it will bounce back from this level, continuing its upward trajectory and potentially testing previous highs.
TF : 4H
Entry : $2.877
Target : $3.300
SL : $2.610
#SHIB/USDT analysis :
#SHIB has successfully broken out of the trendline, demonstrating a strong bullish movement. It is anticipated that this upward momentum will continue, allowing the price to test higher levels.
TF : 1D
Entry : $0.00002536
Target : $0.00004567
SL : $0.00001827
#GALA/USDT Analysis-
After forming a symmetrical triangle pattern, the price broke out, achieving a 30% gain within three days. Currently, the price has completed a retest and is approaching its previous swing high. If it successfully breaks above this level, it has the potential to rally further by over 45%.
T.F.- 1-D
ENTRY- 0.0317
SL- 0.02720
TARGET- 0.04640
Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
#POND/USDT analysis :
#POND has shown a strong recovery from the support zone following a significant decline of -77% from its all-time high (ATH). The price has also successfully broken above the trendline that was previously acting as resistance, indicating a likely continuation of its bullish momentum toward reaching new all-time highs. A potential gain of +120% is anticipated from the current levels.
TF : 1W
Entry : $0.01966
Target : $0.04240
SL : $0.01358
#SFP/USDT analysis :
#SFP has broken down and retested the previous support zone, which is now acting as resistance. The price is expected to retest this zone and continue to decline further, potentially testing lower levels.
TF : 2H
Entry : $0.6775
Target : $0.6232
SL : $0.7041
#RIF/USDT analysis :
Following a significant decline of -83% from its all-time high, the price has found support at the $0.0600 level. Subsequently, it has bounced back and successfully broken above the trendline, indicating a confirmation of anticipated bullish momentum. It is expected that the price will continue this upward trajectory and test the previous swing high.
TF : 1W
Entry : $0.1117
Target : $0.3377
SL : $0.0766
#GRT/USDT analysis :
#GRT has broken out of its trendline with strong momentum following a bounce back from the support zone. The price is expected to maintain its bullish momentum and test previous highs. The current level presents a favorable entry opportunity.
TF : 1W
Entry : $0.2023
Target : $0.3446 and $0.4902
SL : $0.1450
#HARD/USDT analysis :
#HARD is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and forming new highs. The price is now retracing toward a significant support zone. It is expected that the price will test this support area before resuming its bullish momentum. Following this, previous highs are likely to be tested.
TF : 2h
Entry : $0.1578
Target : $0.2005
SL : $0.1358
#AAVE/USDT analysis :
#AAVE is currently in an uptrend, trading above the 200-period exponential moving average (EMA) and consistently reaching new highs. The price has recently demonstrated a strong bullish movement but is now retracing toward a significant support zone. It is anticipated that the price will test this support area before resuming its bullish momentum.
TF : 1D
Entry : $140.24
Target : $237.09
SL : $117.90
Bitcoin : Binance withdrawals continue whereas It hits a New ATH!
Bitcoin hit a new ATH today but investors continue to withdraw their Bitcoin from Binance exchange.
This marks the second-largest withdrawal this year with over 7500 Bitcoins.
This provides insight into investors sentiment and confidence in the market.
It could also indicate long term investments which is a very positive sign.
BTC/USD Analysis:
The analysis highlights Bitcoin's price movement during bull rallies before a major crash:
1- In 2017, after Bitcoin broke its 2013 high, it underwent corrections of over 25% approximately three times from new highs before reaching its all-time high later that year.
2- In 2020, when Bitcoin surpassed its 2017 high, it experienced corrections exceeding 25% around three times from new highs before achieving its all-time high in 2021.
So, for anyone who thinks this rally is driven by FOMO or believes they've already missed the opportunity, there’s likely to be one last chance when BTC corrects by more than 25%.