Today My crypto Alert - 6th October ,2024

in hive-193186 •  5 months ago 
Hello, everyone.
I am a crypto analyzer. Everyday I try to share some crypto coin. If anyone want to follow my signal, you can. I think you can be benefited from my signal. So now I am sharing the result of my analysis...

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#BTC/USDT ANALYSIS

Bitcoin is consolidating within a descending broadening wedge pattern. It is currently trading above the Ichimoku Cloud, which is providing strong support, while the 100MA serves as a resistance barrier just above the price.

A breakout above the 100MA and the wedge pattern could signal a bullish trend. However, if Bitcoin breaks below the Ichimoku Cloud support, it may lead to further downward movement within the pattern.

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