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Donsty
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with a CHOCH and 61% Fib Retracement
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#BTCâ Bitcoin is currently facing rejection from the Ichimoku Cloud, which is acting as a strong resistance, indicating bearish pressure. A potential downward movement is likely. If the price breaks below the demand zone, we could see a further correction in the market. However, a solid bounce from the demand zone is still possible after the correction
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#BTCâ USDT ANALYSIS Bitcoin is currently consolidating within a descending broadening wedge pattern, trading near the midpoint of the formation. The Ichimoku Cloud is providing resistance above the current price level, while the 21-day moving average is offering support below. A breakout or breakdown from this range will be needed to confirm the next significant move for BTC.
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#AMP/USDT ANALYSIS AMP is consolidating within a descending channel and is currently attempting to break through its resistance trendline. The Ichimoku Cloud above the channel is serving as an additional resistance barrier. We should monitor closely for a breakout or breakdown. #AMPUSDT #AMP
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#DASHUSDT What do you also think of this.
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#EOSUSDT is compressed within a falling wedge pattern, a classic bullish reversal signal. It's the combination of increasing trading volume and improving macro market sentiment. If #EOS gets rejected at the upper trend line of the wedge, we might see a retest of the major support zone around $0.4000 . This level has consistently provided strong support and is rich with liquidity.
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