Billionaire Academy

#XLM/USDT ANALYSIS XLM pumped with a good volume and currently, it is facing the horizontal resistance. It is trading inside the Ichimoku cloud. A solid breakout of the horizontal resistance would be the bullish confirmation. While a rejection might result in a downward move.

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#BTC/USDT ANALYSIS BTC perfectly bounced from the range low and grabbed stops below MA 200. Currently, it is moving toward the MA 100. A breakout above MA 100 would be a sign of a continuation of the range play. If it rejects and breaks down the lower trendline, that would be a bearish sign for the market.

#GMT/USDT ANALYSIS GMT breakout the ascending triangle with a decent volume. MA 200 breakout is also done. The Ichimoku cloud is showing a bullish trend. An upward move is expected from here or after a successful retest of the triangle.

#BTC/USDT ANALYSIS BTC is consolidating in a rectangular channel for 25 days. It has cleared stops above the channel high. Currently, it is trading below the midline, where MA 100 and the Ichimoku cloud are acting as resistance. The further movement inside the channel is expected until a solid breakout or breakdown will happen.

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#RNDR/USDT ANALYSIS RNDR is moving in a rising wedge. The Ichimoku cloud is showing a bullish trend. RSI is in the overbought region and displaying a bearish divergence. A rejection form here would lead it toward the rising wedge support while a solid breakout of the ascending trendline would be the bullish confirmation.