USDT dominance broke out of a long-term descending channel. However, it is showing signs of rejection at nearly 4.60% and could head back towards support. 21-day MA (black line): Previously acted as resistance, but now provides some support. 100-day MA (purple line): Was breached, but is now being retested as support. A red candle after the recent breakout...
The chart highlights USDT dominance (USDT.D), which is used to measure market sentiment and money flow into or out of stablecoins such as USDT The chart shows a completed “head and shoulders” pattern, which is often considered bearish in technical analysis. The neckline has been broken, indicating the possibility of further declines. The price appears to be...
The chart focuses on the BTC/USDT price action and highlights key technical levels. The chart shows Bitcoin breaking above the descending trendline, indicating a potential shift in momentum from bearish to bullish. A successful retest of the trendline could confirm this breakout. The green area below (around $92,500-$95,000) represents a strong support area...
BTC is retesting the breakout point near the descending trendline (around $98,000-$100,000). If buyers step in, this retest could act as a launchpad for a potential bounce. The green zone ($92,000-$96,000) remains a crucial area of demand, offering strong support in case of a deeper retracement. The 50-day SMA (red line) is moving upwards, currently around...
BTC has sustained its move above the descending trendline, indicating a valid breakout with continued bullish momentum. The green zone between $92,000–$96,000 remains a critical support area. Any pullbacks into this region could present buying opportunities. The 50-day SMA (red) at $98,596 is trending upwards, providing additional dynamic support. BTC is trading...
SOL/USDT price movement on the daily time frame. Here is an analysis based on the visual representation: A symmetrical triangle pattern formed over a long period (August to November). The price broke out of this triangle with strong bullish momentum, indicating a continuation of the uptrend. After the breakout, the price entered a parallel descending channel,...
AVAX/USDT weekly chart shows a long-term bullish trade setup, indicating significant potential for price expansion. AVAX/USDT is consolidating within a large symmetrical triangle. The upper trendline acts as resistance, while the lower trendline provides strong support. The price is near the breakout point, indicating a potential resolution of the pattern. The...
MANTA/USDT daily chart highlights a promising long-term trade setup with a strong bullish potential. The chart shows an upward-sloping trendline that has been respected since the token’s inception. It serves as a crucial support level around $0.75–$0.80. The price is consolidating near the trendline support, creating a low-risk entry zone for long positions. A...
ADA/USDT 4-hour chart shows a bullish continuation pattern as Cardano prepares for a potential breakout after a period of consolidation. The price is making higher lows, indicated by the rising trendline. Resistance lies at $1.20, which aligns with the upper boundary of the triangle. Support: $0.80–$0.90 (green area and trendline). Resistance: $1.20 (key...
This ETH/USDT daily chart shows a potential breakout setup from a falling wedge pattern, a bullish reversal structure. Ethereum is gaining momentum above key moving averages and preparing for an upward trajectory. Falling wedge: The price is consolidating within a descending wedge, indicating a potential bullish breakout. Support: Around $2,800-$3,000 (wedge...
This BTC/USDT chart highlights a breakout above a descending trendline. Price is currently testing a significant resistance zone near $102,701.79. The chart suggests a bullish scenario, with a potential rise toward higher levels around $115,000 or beyond if momentum sustains. Breakout Confirmation: The price has breached the trendline, signaling potential upward...
The chart shows two rounded bottoms, which resemble an inverted head and shoulders pattern. This pattern is typically a bullish reversal indicator, suggesting upward price movement. The horizontal line marks a long-standing resistance level. A breakout above this resistance would indicate strong bullish momentum, as seen in the recent price rise. The projected...
The TOTAL3 chart, representing the entire Altcoin market except for Ethereum, has successfully broken its downtrend resistance, indicating a significant shift in market sentiment. With the RSI remaining comfortably above 60, bullish momentum is gaining momentum, indicating growing confidence among market participants. Historically, this pattern precedes a macro...
Descending Triangle Formation: ETH is consolidating within the descending triangle pattern. The downward-sloping trendline represents resistance, while the flat support at the base provides a crucial level to watch. Current Price: Trading at $3,368.63, ETH is near the lower boundary of the triangle. $3,400 – $3,450: Immediate resistance area. A breakout above the...
BTC is testing a crucial descending trendline that has acted as resistance over the past several weeks. The 21 EMA (black) is above the 50 EMA (red), indicating short-term bullish momentum. Price action near the moving averages suggests a potential breakout or rejection scenario. $100,000 – $102,000: Immediate resistance zone aligned with the descending...
ETH/USDT Chart Update: Ethereum is trading within a descending triangle on smaller timeframes, a structure often associated with bearish continuation. However, it could also signal accumulation if support holds. Immediate support lies between $3,100 – $3,050, where buyers are attempting to prevent further declines. Near-term resistance aligns at $3,200, followed...
The BTC/USDT 4-hour chart highlights key technical levels and potential market movements: Bitcoin has rebounded strongly from the green horizontal demand zone near $92,000-$94,000, indicating that buyers are coming to defend this crucial level. A descending trendline continues to act as resistance around the $98,000-$100,000 range. A breakout above this line will...
This chart provides USDT dominance, highlighting key patterns and potential market implications: Head & Shoulders Pattern: The chart shows a completed Head & Shoulders pattern, indicating potential bearish momentum for USDT dominance. This often signals a rotation of capital away from stablecoins and into riskier crypto assets. USDT dominance has broken the...
