Crypto Family

2024-05-12 14:42:58 #WIF/USDT ANALYSIS

WIF is moving in a symmetrical triangle. Currently, it is trading below the trendline resistance and inside the Ichimoku cloud. RSI is in the neutral zone. We've to keep an eye on a solid breakout or breakdown of the triangle for the confirmation of its next direction. Buka / Bagaimana

2024-05-12 14:14:19 #IMX/USDT ANALYSIS

IMX has broken out of the symmetrical triangle pattern. The Ichimoku cloud and the 100-day moving average indicate a bullish trend. An upward move is anticipated following a successful retest of the triangle. Buka / Bagaimana

2024-05-12 08:05:33 #BTC/USDT ANALYSIS

BTC is moving in a descending triangle. It is holding above the horizontal support with a low volume. A good volume volume bounce and breakout of the descending triangle is the bullish confirmation, while a sustained breakdown of the triangle is the bearish confirmation. Buka / Bagaimana

2024-05-11 21:41:50 #BTC DOMINANCE ANALYSIS

BTC.D is currently moving within a rising wedge, which technically constitutes a bearish pattern. The RSI has been rejected from the overbought region. A sustained breakdown of the rising wedge would confirm the bearish sentiment, while a bounce from current levels would suggest further consolidation within the wedge.

If BTC.D declines while BTC moves sideways or experiences bullish momentum, this could signal potential bullish momentum for altcoins. Conversely, if BTC.D pumps while BTC moves sideways or experiences bearish pressure, this might indicate a bearish outlook for altcoins. Buka / Bagaimana

2024-05-11 14:48:42 #FTM/USDT ANALYSIS

FTM is currently moving within a symmetrical triangle pattern. It is showing signs of rejection from the trendline and encountering resistance from the MA 200. Meanwhile, the Ichimoku cloud is serving as a support level. We need to patiently await a clear breakout or breakdown of the triangle to confirm its next direction. Buka / Bagaimana

2024-05-11 11:10:07 Amidst the hype and market rally surrounding approval of the spot #Bitcoin ETFs, the unrealized profit of Bitcoin holders expanded considerably faster than that of #Ethereum investors.

As a result, the Bitcoin NUPL metric crossed 0.5 and entered the euphoria phase three months before the equivalent metric for Ethereum. Buka / Bagaimana

2024-05-11 07:52:31 #BTC/USDT ANALYSIS

BTC was rejected from the trendline of the descending triangle and is currently holding above the horizontal support. A bounce could be expected from here, while a sustained breakdown of the horizontal support would be a bearish sign. Buka / Bagaimana

2024-05-10 20:42:54 #S&P 500 ANALYSIS

The S&P 500 pumped after retesting the MA 21, and currently, it is encountering resistance at previous highs. The MACD crossover indicates bullish momentum.

A definitive breakout above the previous high would confirm bullish sentiment, while rejection would signal a correction. It's worth noting that its performance typically correlates with the crypto market. Buka / Bagaimana

2024-05-10 14:50:20 #DOT/USDT ANALYSIS

DOT has broken out of the falling wedge pattern and is now retesting above it. The Ichimoku cloud indicates a bullish trend. Presently, it is encountering resistance at the 100-day moving average (MA). A successful retest or breakout above the MA 100 would confirm the bullish trend. Buka / Bagaimana

2024-05-10 14:02:31 Binance and KuCoin have registered with India’s Financial Intelligence Unit. KuCoin paid a $41,000 fine and has resumed operations. Binance’s financial penalties are still to be determined after a hearing and it is expected to resume operations after paying the fine. Buka / Bagaimana