Miles Deutscher
Crypto analyst and DeFi addict. Busy finding the next 100x
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#TOTAL MARKET CAP ANALYSIS
The total market cap has broken out of the falling wedge pattern and is currently retesting above it. It is encountering resistance from the 200-day moving average (MA).
A break above the MA 200 or a successful retest of the falling wedge would confirm a bullish trend. Conversely, if the price retraces back inside the wedge, it could indicate further consolidation within the pattern.
#LSK/USDT
Rounding Bottom below the Key Zone on weekly🧐
749 Days of accumulating and now we are ready to break out🚀
☑️TP1 - 3.5$
☑️TP2 - 4.6$
☑️TP3 - 6.6$
@Whalescryptovip
Here's the Analysis of #PENDLE :
#PENDLE just felled hard and broke below support area of $4.06 - 4.13, and testing the zone as resistance now. Well, price is middle of no where and anticipation of moving lower is high but Market conditions is also turning, so waiting for a daily closure would be good to take short.
According to their latest holdings report, Bracebridge owns a significant amount of two Bitcoin exchange-traded funds (ETFs): $262 million of Ark's spot Bitcoin ETF and $81 million of BlackRock's Bitcoin ETF.
Massive🔥
Bitcoin ETF products experienced inflows for the first time in five weeks, amounting to $130 million. The majority of these inflows, totaling $135 million, were observed in the US region. Additionally, Grayscale, a key player in the market, witnessed its lowest weekly outflows since January.
#Crypto Market Cap excluding #BTC
Might be a deeper correction in case we break below the Key Zone and confirm the Distribution📉
I only see this as opportunity to buy more at the dips😎
@Whalescryptovip