USDT Dominance has broken out of the ascending triangle and is currently retesting the breakout level, while the Ichimoku Cloud acts as a key resistance barrier.
A successful hold could confirm a bullish continuation, whereas a failed retest may lead to consolidation back inside the pattern.
It’s important to note that USDT Dominance often exhibits an inverse correlation with the broader cryptocurrency market.
LYN has broken out of the falling wedge and is now retesting the breakout level. A successful retest could confirm the move and trigger a strong bullish rally. 🚀
Bitcoin is consolidating within a falling wedge and holding above the support trendline, while the Ichimoku Cloud continues to act as a key resistance.
Sustained strength at this level could lead to a bullish breakout, whereas a breakdown below support would invalidate the pattern and signal further downside.
ENJ is holding a strong demand zone and has successfully broken above the descending trendline. The recent retest appears bullish, suggesting buyers are regaining control. As long as price remains above the support zone, a continuation toward higher resistance levels is expected.
BTC faced rejection from the 67.2K resistance zone and is currently pulling back after the breakout rally. Despite the short-term weakness, the market structure remains bullish as long as price holds above the 64K support area and ascending trendline.
A bounce from support could trigger another attempt toward 67.2K+, while losing 64K may lead to a short term correction.
ETH is trading inside a large symmetrical triangle on the 3 day timeframe. Price recently tapped the ascending trendline support and has shown a strong bounce, indicating buyers are defending this key zone.
As long as ETH holds above the lower trendline, a move toward the triangle resistance around the $2,300–$2,500 area is possible. A breakout from this pattern could trigger a much larger bullish move, while a breakdown below support would invalidate the bullish outlook and signal further downside.
BTC perfectly pumped after retesting above the ascending triangle just as predicted 🤝 The market structure remains bullish as long as price holds above the highlighted support area.
A continuation toward higher resistance levels is expected, while any pullback into the support zone could provide a healthy retest before the next move up.
DXY is currently trading below the key 100.30–100.60 resistance zone, which has acted as a major supply area multiple times. Price recently rallied from the ascending trendline and is now facing rejection near resistance.
A clear breakout above the supply zone would confirm further bullish momentum, while continued rejection could trigger a pullback toward the rising trendline support. As long as the trendline holds, the overall structure remains bullish.
ORDI has broken out of the descending channel and is now successfully retesting it as support. The price has also reclaimed the 100 MA, signaling strengthening bullish momentum. As long as ORDI holds above the channel, further upside movement is expected.
BTC is attempting to break out of the ascending triangle but is still trading below the resistance. A decisive breakout above the triangle would provide bullish confirmation.
However, if the price faces rejection, it may retest the trendline support once again, where a bounce is expected.
BTC is approaching a horizontal resistance zone around $64,000, while continuing to trade above the rising trendline support.
A breakout and successful close above the resistance zone could trigger further bullish momentum.
However, rejection from this area may lead to a short-term pullback before the next move. Overall, the structure remains bullish as long as the price holds above the ascending trendline.
ALTS Market Cap is holding above a key horizontal support, while the RSI remains in the oversold zone and is showing a bullish divergence, a sign that selling pressure may be weakening.
As long as the support holds, a bullish reversal is likely, with an upward move expected in the altcoin market in the coming sessions.
BTC breakout the descending triangle with a decent volume and currently it is coming for a retest. A successful retest above the triangle would be the bullish confirmation.
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