USDT dominance has dropped and it broke below the support at 5.75%. It recently bounced off the support around 5.55% however i am still expecting it to move down and tap into the 7h demand around 5.45% before potentially expecting bullish movements.
Bitcoin dominance broke above the high at 53.94%, filled the fair value gap around 54.3% and it is now testing the 12h supply zone around 54.55% as predicted. I am expecting to see now some retracement, however we do have lots of bullish momentum which may cause it to keep moving up and breaking through the 12h supply. Waiting for confirmation.
Price moved up and reached the 6h supply at $2,350 where it got rejected from exactly as predicted. MACD is showing some bullish weakness, RSI is bought and EMAs are neutral. Price is currently retesting the support line; it is expected to retest the support at $2,275 where we would be looking for confirmation before expecting bullish movements.
Price moved up and it is currently trading deeper into the daily supply zone as predicted. It is overall still ranging in an ascending channel and it is currently getting rejected off the resistance line. MACD is now showing some bullish weakness, RSI is overbought and EMAs are bullish. I am expecting to see some retracement towards the freshly printed 12h...
Price is currently moving down and it is heading towards the major support line of the bullish trend. MACD is showing bearish weakness, RSI is sold and EMAs are neutral. Price would need to keep moving down and close below the 200MA as well as the support area at $92.85 in order to expect further bearish movements. Waiting for confirmation.
USDT dominance is still consolidating showing no major movements. I still expect it to move down towards the 7h demand around 5.45%. Waiting for the breakout of the consolidation for confirmation.
Bitcoin dominance is trying to break through the 6h breaker zone as predicted. It is still expected to move up and take out the high at 54.06%.
Price is still consolidating with the lack of volume in weekends. MACD is slightly bullish, RSI and EMAS are neutral. Price is still expected to move up towards the 6h supply zone around $2,360. Waiting for the breakout for confirmation.
Price is still consolidating showing no major movements. MACD is not clear, RSI is neutral and EMAs are bullish. Price is still expected to trade deeper into the supply zone before potentially moving down again.
Price had broken below the support/resistance flip around $0.74 and it is currently retesting it after it bounced off the daily demand around $0.7. MACD is showing bearish weakness, RSI is sold and EMAs are bearish. Price is expected to tap into the 6h supply around $0.76 before potentially moving down again. Waiting for lower timeframe confirmation once price...
USDT dominance is ranging between the 200MA which is working as resistance and the 12h breaker zone. Overall, it is expected to move down and tap into the 7h demand before potentially moving up again.
Bitcoin dominance is currently ranging inside the 6h breaker zone. I am not expecting this zone to hold and it is expected that the previous high at 54.06% to be taken out. Waiting for confirmation.
Price is also still in a consolidation. MACD is not clear, RSI is slightly sold and EMAs are turning bearish. Price is expected to move up and tap into the 6h supply at $2,360 before potentially moving down again.
Price is currently still consolidating as we usually have a low volume on weekends. MACD is not clear, RSI and EMAs are neutral. Price is still expected to trade deeper into the supply zone before potentially moving down again.
Price is moving in a descending channel respecting the resistance line. MACD is bearish, RSI is sold and EMAs are bearish. Price needs to break and close above the resistance line in order to expect bullish movements.
USDT dominance is ranging between the 12h breaker zone and the 200 MA. It needs to close above 5.85% in order to potentially expect further bullish movements. Else, it is expected to move down towards the 7h demand around 5.5%.
Bitcoin dominance is still moving up breaking through resistance areas and it is currently heading towards the 6h breaker around 53.4%. We shall wait for lower timeframe confirmation once price taps into it before potentially expecting some bearish movements again.
Price is consolidating between the resistance at $2,275 and the support around $2,200. MACD is turning bullish, RSI and EMAs are neutral. If price breaks above this resistance, then it is expected to move up and tap into the 6h supply around $2,360 before moving down again.