AXSUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 7.2 region. Will the bulls take charge again continue for leg higher?
DYDX is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 3.5 followed...
BALUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline. Currently the price has given the breakout from falling trendline and now forming a local support around 3.6 region. Will the bulls take charge again continue for leg higher?
MAGICUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the healthy retracement and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH What you guys think of this idea ?
Binance and its CEO ‘CZ’ plead guilty to federal charges and agreed to pay $4.3B in fines. But that`s not all! The crypto market is facing increased scrutiny as part of an agreement between Binance's CEO, CZ, and the U.S. Securities and Exchange Commission (SEC). This agreement grants the SEC unprecedented access to Binance's comprehensive records, shedding...
Bitcoin and crypto markets react to the Binance settlement: Bitcoin (BTC) prices and the wider crypto market saw a sudden drop on Tuesday morning after news broke that the DOJ was set to announce crypto enforcement action at a 3pm ET press conference. Following reports of the Binance settlement, BTC broke below the $37k level to as low as ~$35.8k later Tuesday...
WHY TETHER’S PARTNER BRITANNIA BANK IS FACING MASSIVE LAWSUIT Britannia Financial Group, partnered with Tether, faces a legal battle over a $1 billion deposit made by Tether into one of its subsidiaries. The lawsuit involves a dispute over a brokerage acquisition and payment disagreements, amidst allegations against Britannia’s founder for bribery. This legal...
Tether is retesting the support-turned-resistance trendline below the mid-support of the channel. This is good news. A move to the lower side range of 5.65% will trigger a rally throughout the market. this move seems highly likely to complete the pattern. Invalidation will be a close above 6.75% in the Daily chart. So far it looks ready for a FREE FALL. Let me...
LINKUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the sell momentum continues the next target could be 13.70 followed by 12.50 region. What you guys think of this idea?
#USDT Update: Tether has shattered every support, mirroring Bitcoin's breakthrough of resistance. The 5.26% area emerges as a potential next target, hinting at further upside for Bitcoin. While Bitcoin's chart signals a local top near $40.2k, this breakthrough could spark a rally to $42.8k, a significant long-term support turned resistance level. So, our $40k+...
Is CHRUSDT exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.1100 followed by 0.100 What you guys...
MASKUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
After losing the bullish triangle and #btc pump, #usdt dominance lose weight. But, now USDT.D formed a falling channel that would possibly break out upwards. If #usdtdom breaks up, this will be a blood bath for #cryptocurrencies. If, #tether dominance breaks down and dumps out of channel this will be a rally for market (the invalidation scenario). First one is...
First of all you should know that "USDT Dominance" is always moving inverse of BTCUSDT. Tether's dominance has reached key support, but don't rush to sell your assets! But be careful. Some altcoins have not yet touched their bullish target, each chart should be checked individually. Probably, after a few weekly candles in this area, Tether's dominance will...
PEPEUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is being respected by inclining trendline and has also formed bullish flag pattern which is also being supported by inclining trendline. These two to gather putting strong bullish confluence for the pair. What you guys think of this idea
As I said before, I will say again that the market will always give you another chance to buy and there seem to be signs for this second chance. Possible scenario for me: Pullback to the broken levels of dominance by Tether and Bitcoin in the coming days and try to collect liquidity from the market and stop hunting small traders like me! Then the return of...
GASUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be $8. What you guys think of this idea ?
BONDUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...