The Alts market cap is moving within an ascending triangle pattern. It recently faced rejection from the horizontal resistance and is currently trading above the trendline support, where the Ichimoku cloud is also providing support.
An upward move is expected as long as it continues trading above the trendline support, while a breakdown and retest of the triangle would confirm a bearish scenario.
STORJ has broken out of the falling wedge with strong volume and is currently retesting above it. An upward move is expected as long as it continues trading above the falling wedge support.$STORJ
BTC surged after retesting the horizontal support, where the 50 MA is also acting as support.
An upward move is expected for however long it is trading above the horizontal support. Bulls need a bullish candle close for a strong confirmation.$BTC
Over *$500 billion was added to stocks in just 60 minutes* after President Trump announced that serious negotiations with Iran are now taking place, sparking a sharp relief rally across the market
Crude tumbled after reports that the U.S. proposed a temporary waiver on Iranian oil sanctions during ongoing nuclear negotiations.
According to Iran’s Tasnim News, citing a source close to the negotiating team, Washington is considering temporarily lifting restrictions on Iranian oil exports as part of the latest deal framework. The headline immediately pressured oil prices lower.
XRP is moving in an ascending triangle. Currently, it is holding above the trendline support, where the Ichimoku cloud is also acting as support.
An upward move is expected, if it continues to trade above the trendline, while a breakdown retest of the triangle would be a bearish confirmation.$XRP
BTC pumped after the breakout retest of the long descending trendline and it is also trading above the key horizontal support, where 50MA is also acting as support.
It got rejected from the 200MA and trading above the 50MA and the horizontal support.
The trend remains bullish as long as the price is above the horizontal support, however small corrections could happen.$BTC