Ruling Crypto Monarch
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#BTC/USDT ANALYSIS
BTC pumped after breaking out of the ascending triangle pattern, accompanied by an increase in trading volume. This pump indicated strength in the market, further emphasized by its breakthrough beyond the critical resistance level of $36,000.
The current momentum suggests a continuation of the bullish trend. In the event of a correction, it is anticipated to form a higher low either at $36,000 or above the ascending triangle pattern.
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600
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#NEO/USDT ANALYSIS
NEO has broken out of the falling wedge pattern with a substantial increase in trading volume. Currently, it is also surpassing the MA 200 and the Ichimoku cloud.
A confirmation of the bullish trend continuation would come with a candle closing above these key indicators. If there is any retracement, it is likely to retest the falling wedge.
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Gemini sues Genesis over $1.6 billion of Bitcoin Trust shares π
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#BTC/USDT ANALYSIS
BTC is currently forming an ascending triangle pattern on shorter timeframes, which is typically followed by a strong bullish move.
A solid breakout of the triangle would serve as bullish confirmation, whereas a sustained breakdown would indicate a potential short-term correction in the market.
600
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#PEPE/USDT ANALYSIS
PEPE has reclaimed the demand zone after forming a second bottom. It broke out of the descending trendline and the MA 100 with a successful retest above them.
Furthermore, it is currently breaking out of the Ichimoku cloud. A candle close above it would confirm the continuation of the bullish move.
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Notice of Removal of Spot Trading Pairs - 2023-10-27
https://www.binance.com/en/support/announcement/04cbc1c3c77449f9b77d48a353cead34
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#APE/USDT ANALYSIS
APE is currently breaking out of the falling wedge pattern with decent volume. The MACD crossover indicates a bullish momentum shift.
A candle closing above the falling wedge would confirm the bullish outlook. However, if a candle closes within the wedge, it may suggest further consolidation within the pattern.
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