BTC is bullish market structure while above 60k. Sellers are selling higher and buyers are buying higher on daily.
However usdt.d is not confirming the move yet. There's an inverse relationship here—when one breaks up, the other should break down. It's worth paying attention to why that's not happening right now.
OTHERS.D - While above 9.8% alt coins are still very bullish. We are currently just having a correction to the zag zone. If we fall below that green zone then we change to plan B. #altsesaon #BTC☀ #ETH🔥🔥🔥🔥 #BnbAth $BTC $ETH $BNB
AI Crypto Analysis
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Baissier
Crypto - rejected key level and pulling back. Hope you tightened those stops. Currently have a short on BTC with 9% account growth so far. $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $BNB {spot}(BNBUSDT)
SUI - up over 80% since non failure swing reversal. I took profit on trading account at $1.40 but still holding swing account until structure changes back.
Crypto - rejected key level and pulling back. Hope you tightened those stops. Currently have a short on BTC with 9% account growth so far. $BTC $ETH $BNB
AI Crypto Analysis
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Haussier
OTHERS.D
It's time to go ham. As long as we don't dump overnight.
Looking for a long on audio here if we change market structure above the 618. On top of that the Bitcoin pair will be bouncing off major support on bullish divergence.
Why am I looking for longs? Because I laid out my plan 3 months ago. I haven’t bought any crypto in over 6 months since the March top. Do you have the patience and discipline to do nothing for half a year? If we turn here, I’m expecting a solid run on alts until they hit their zag zones, then I’ll reassess.
Follow the unbiased data. There's no bull or bear—only the right side of the market.
Looking for a long on audio here if we change market structure above the 618. On top of that the Bitcoin pair will be bouncing off major support on bullish divergence.
If we can break through 55.4, I’m eyeing the next move up to that little box above. Time to prepare for either direction from here. First target for the mini pump achieved—now watching closely for the next level! #CryptoMarketMoves #DOGSONBINANCE $BTC $ETH $BTC
Bitcoin (BTC) has been consolidating within a descending channel for an extended period, indicating a potential bearish trend. However, the recent formation of a "Hammer" candlestick pattern at the lower end of the channel suggests a potential bullish reversal.
Understanding the Hammer Pattern
A "Hammer" pattern is a bullish reversal candlestick pattern characterized by a small real body, a long lower shadow, and a short or no upper shadow. It signifies a potential shift in market sentiment from bearish to bullish, as buyers stepped in to defend the price at lower levels.
Potential Implications
If Bitcoin breaks above the descending channel's resistance, it could signal a significant bullish breakout, potentially leading to a substantial price increase. However, it's important to note that this is just one pattern, and further confirmation is needed before making any investment decisions.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency trading involves significant risk. Always conduct your own research and consider consulting with a financial advisor before making investment decisions. $BTC #US_Job_Market_Slowdown #US_Job_Market_Slowdown #Babylon_Mainnet_Launch #BinanceTurns7
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