Bitcoin has once again tested the $107,500 area, and it appears that the selling pressure is significant. The price is struggling to maintain the support level, and we might see a test of $105,000. Let's observe how the market reacts there.

#S&P 500 ANALYSIS

The S&P 500 is consolidating within an ascending broadening wedge pattern, with both the 21MA and 50MA showing bullish momentum.
This setup suggests the potential for further upward movement in the short term.

A breakout above the wedge would invalidate the bearish implications of the pattern. However, a breakdown below the moving averages could signal the start of a downward trend.

Notably, the S&P 500’s price action often aligns with cryptocurrency market trends, making it a crucial indicator of broader market sentiment.

#BTC/USDT ANALYSIS

Bitcoin is forming a cup and handle pattern on the daily timeframe, with price currently consolidating within the handle.

The Ichimoku Cloud is acting as strong support, reinforcing bullish momentum at this level.

A breakout above the handle would confirm the pattern and likely lead to a new high.

Conversely, a breakdown below the handle would invalidate the setup and signal potential weakness.

Bitcoin broke out of the broadening channel and has now reached a resistance area. The price was rejected on the first attempt, but we might see another test. The price needs to break the $106,700 level to move higher.

RPL tested the support area and made a strong rebound. The long position has generated over 41% profit since our entry point. You can consider booking half of your profit while holding the remainder with a trailing stop loss. We might see a test of the resistance area, so let's observe how the price reacts there.

Resistance Area: $6.85-$7.30

#FLUX/USDT ANALYSIS

FLUX is consolidating within a falling wedge pattern and is currently trading above the support trendline. The 21MA is acting as a resistance barrier above the price.

A breakout above the 21MA and the wedge would confirm a bullish trend, while a breakdown below the pattern would invalidate the setup.

#BTC/USDT ANALYSIS

Bitcoin is consolidating within a symmetrical triangle pattern on the daily timeframe. Currently, it is trading above the support trendline of the triangle, with the Ichimoku Cloud acting as a strong support, indicating underlying bullish strength.

A decisive breakout above the triangle would confirm a bullish trend continuation, while a breakdown below the support trendline could signal a corrective move in the market.

#BTC/USDT ANALYSIS

Bitcoin has broken out of the descending broadening wedge pattern and is currently retesting the breakout level above the pattern.

The Ichimoku Cloud is acting as strong support, indicating bullish momentum. A successful retest will confirm the breakout and signal a potential continuation of the bullish trend. Keep a close watch on the price action.

#ATOM/USDT ANALYSIS

ATOM is consolidating within a descending channel pattern and currently trading just below the resistance trendline. The 50MA is acting as a resistance barrier above the price action.

A breakout above the channel would signal a potential bullish trend, while a breakdown below the channel support would invalidate the pattern and indicate further downside.

#BTC/USDT ANALYSIS

BTC is currently moving within an ascending triangle and facing horizontal resistance.

A breakout and successful retest of this resistance would confirm a bullish continuation.

However, a rejection could lead to a retest of the ascending trendline, where a strong bounce can be expected.

#DOGE/USDT ANALYSIS

DOGE has broken out of the symmetrical triangle with strong volume and is now pulling back for a potential retest.

A successful retest above the breakout zone would serve as a bullish confirmation, signaling continuation to the upside.

However, failure to hold this level could indicate a false breakout, suggesting the price may re-enter and consolidate further within the triangle pattern.

#SAND/USDT ANALYSIS

SAND is consolidating within the symmetrical triangle pattern, currently facing rejection from the resistance trendline. The Ichimoku cloud is acting as support.

A breakdown below the cloud may trigger further downside, while a bounce or breakout of the triangle could spark a bullish rally.

#ALTS MARKET CAP ANALYSIS

The ALTS market cap has broken out of the ascending triangle with strong volume, marking a new ATH.

It is now retesting the pattern, with the Ichimoku cloud acting as solid support.

A successful retest could trigger a powerful bullish rally across the ALTS market.

Bitcoin experienced a significant drop due to the news about the war in Iran. The price tested a lower support level and then rebounded from that point. We'll have to monitor how the situation in the war unfolds in the coming days. If the price breaks below $103,000, it could fall to the support area between $100,000 and $101,000.

DOGE analysis:

Price has reached the support area and bounced from there. You can accumulate some at this support level. We may see some sideways movement before the next move.

Support Area: $0.164-$0.170

LTC tested the support area, and I hope you opened long positions there. You can accumulate more if the price drops to the support area. The support and resistance levels remain the same.

LISTA is unable to maintain the support area, which is why we advised you to wait before opening new long positions. We may see a move towards the lower support area, which will be the ideal zone for new entries.

Support Area: $0.144-$0.156

Bitcoin dominance has broken through the resistance line, causing altcoins to experience a significant decline. Dominance has reached a new all-time high, and the possibility of forming a double top has been invalidated. We will only see some relief in altcoins once Bitcoin's volatility decreases and geopolitical tensions ease.

XEC is continuing its downward movement as expected. The short position has provided over 16% profit since entry. You can either close the short position or hold it with a trailing stop loss.

#COTI/USDT

Bullish Structure is on the table💁‍♂️

Breakout of Descending Broadening Wedge and re-accumulation in the form of Bullish Flag🧐

Full Send✈️

✔️Mid-term target - 0.20715$
✔️Mid-term target - 0.27565$
✔️Long-term target - 0.57335$