MANA analysis:

MANA is forming a symmetric triangle. The support is $0.672-$0.682 area and this is a possible buy zone. The major resistance is the $0.71-$0.718 area and a break above this is extremely bullish.

There is no movement in the market in the last few days. The good thing is BTC holding above the support level. The market needs a good push to bring positive sentiment. New trades are risky and use a proper stop loss.

ROSE is trying to break the triangle to the downside and on 4H timeframe, there's a break below with no momentum in it. Well, this might turned into fakeout, so wait for the confirmation for any trade.

ENS analysis:

ENS is trading in the symmetric triangle. The support is $13.50-$13.65 area and we will see a test of this zone. The major resistance is the $16-$16.40 area and a break above this will start a new uptrend. Place your orders near the support zone and wait. Use tight stop loss because if the triangle break in a downward direction then we see a heavy sell-off.

⁠$3 billion in Bitcoin left exchanges this week amid FTX contagion fears

It appears that more investors are choosing to self-custody their BTC funds in the wake of the FTX scandal and fallout.

https://ct.com/b4pt

⁠Bitcoin shrugs off BlockFi, China protests as BTC price holds $16K

BTC price action heads higher with Bitcoin joining Asia stocks in a rebound despite FTX pressures continuing.

https://ct.com/b6h4

#BTC/USDT ANALYSIS

BTC is getting rejected from the strong horizontal resistance. MACD crossover is losing bullish momentum. The Ichimoku cloud is acting as support on the ascending trendline and showing a bullish trend.

Another test of the ascending trendline would be a possible scenario, while a solid breakout of the horizontal resistance would confirm the upward move.

#QUICK/USDT ANALYSIS

QUICK pumped with a good volume after a successful retest above the descending triangle. MA 200 breakout is done and currently, it is facing the Ichimoku cloud. A solid move above the Ichimoku cloud would be a bullish continuation sign.

#ALTS MARKET CAP ANALYSIS

Alts market cap is retesting above the descending trendline and the MA 200. It is trading below the Ichimoku cloud, which is a major zone for bulls to breakout.

A solid breakout of the Ichimoku cloud would give confirmation of a strong bull run in Alts.

BITCOIN ON EXCHANGES REACHES 5-YEAR LOW!


BULLISH!🚀

Usually stay away from the meta narratives.

now is the TG Bot meta. $loot did a 5x in less than 24 hours with a large Liquidity pool.

but what impresses me more is $genie bot!

If there is one thing I am certain about, this is it!

Bitcoin's price will reach $50,000 this year and $120,000 by the end of 2024.

$Frens is a Telegram Airdrop Farming bot that auto farms airdrop tokens for holders! I am expecting a 50% pump on this today!💰

https://www.coingecko.com/en/coins/farmer-friends

It just got listed on Tele bot section! 😎

We have lift off! $Frens is already up 30% since my first post!

I hope you all listened! This is just the start! 🤓

#TOTAL MARKET CAP ANALYSIS

The total market cap is rejected from the trendline of the symmetrical triangle. RSI is in the overbought region and moving toward the oversold region.

The Ichimoku cloud is acting as support on the trendline of the triangle. A correction is expected to test the support trendline, while a solid breakout of the symmetrical triangle would be the confirmation of an upward direction.