CRYPTO BULLS©

#TOTAL MARKET CAP ANALYSIS The total cryptocurrency market cap is presently confined within a descending channel pattern and has recently tested the lower trendline, showing signs of an attempted rebound. However, resistance is being encountered from the Ichimoku cloud situated within the channel. For a bullish reversal to be confirmed, the market cap would need to break out above the upper trendline of the channel. Conversely, a breakdown below the support trendline could indicate further declines, signaling a continuation of the bearish trend.

#BTC/USDT ANALYSIS Bitcoin has broken down from the descending triangle and is currently trading below it. The 200-day moving average is acting as resistance above the price action, suggesting further downward movement. However, if Bitcoin attempts a retest but instead breaks above the resistance of the 200MA, further consolidation within the triangle can be expected. A decisive breakout above the triangle would serve as a strong bullish confirmation.

#HBAR Hedera Hashgraph is forming a symmetrical triangle with ascending support around $0.0500 and descending resistance near $0.1000💁‍♂️ The price may bounce off the support zone and breakout above the dashed resistance zone🤔 A breakout above the resistance could propel the price towards $0.4300🎯

#ETC Price is trading around multi-month support trendline🔍 Potential good entry if support holds🔺 Watch for bounce and increased volume for confirmation👨‍💻

💰 #BTC/USD Double Top is playing out✅

💰 #BTC & 💰 #ETH we are going lower as expected📉🤝

#JUP Falling wedge lower border is holding well🧐 Upside targets after bounce: $0.89, $1.10 and $1.32🎯 Consider buying now and add on dips☝️

#SOL/USDT Solana is forming a symmetrical triangle pattern💁‍♂️ The price has recently rebounded off the $120 support zone, indicating bullish momentum📈 If $SOL breaks above the $140 resistance, it could target the upper resistance at $210🎯 The overall trend is supported by higher lows and significant buying volume at support levels📝

#btc Double Top formation nearing confirmation😬 Bearish signal if confirmed - prepare for potential downside📉 Monitor price action and volume closely🔍

#MATIC Token in downtrend since $1.25 high in March 2024📉 Price may bounce from the support zone or do fakeout below it and bounce from the 0.32 dashed support🔺 Long-term target: $2.75🎯