The total market cap surged after breaking out of the descending trendline and successfully moved above the Ichimoku Cloud, signaling growing bullish momentum.
Currently, it is holding above the marked horizontal support but remains below the 100 MA. A successful breakout and sustained close above the 100 MA would provide strong bullish confirmation and could pave the way for further upside.
IMX has broken out of the falling wedge pattern after a strong consolidation phase. It is now showing signs of preparing for an upward move. $IMX $BTC $ETH
BTC went down after the breakdown retest of the ascending triangle. Currently, it breakdown the S/R level, which is now acting as a resistance.
A downward move toward the lower marked horizontal support is expected as long the price is below the S/R level, while reclaimation of the S/R level would be a sign of bullish momentum back in the market.
Total market cap pumped after the breakout of the symmetrical triangle, and it reclaimed the horizontal resistance, which is now acting as a horizontal support.
Currently, it retested above the horizontal support and an upward move is expected for however long it is trading above it.
BTC went down after the breakdown and retest of the triangle and we've seen a correction in the market as expected.
Currently, it is trading above the mid marked horizontal supoort. A bounce could be expected from here, while a breakdown retest of the marked support would be a sign of further correction in the market. $BTC $ETH $BNB
IMX breakout the inverse head and shoulder pattern with a successful retest. The Ichimoku cloud is showing a bullish trend. It is getting ready for the upward move. $IMX
BTC.D is retesting above the triangle. A successful retest would be a bullish confirmation, while a failed retest would be a sign of a downward move toward the triangle support trendline.
An upward move in BTC.D while BTC moves sideways or bearsih could be a sign of correction in the Alts.
If BTC.D moves downward while BTC moves sideways or bullish that could be a strong bullish sign for Alts.
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if you are new trader and want to do experiments my suggestion is that you should always keep an eye on strong narratives and keep checking losers section .... if a coin from strong narrative goes to losers section then its a clue to buy that coin in dips