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USDT Dominance reached the 18 month trendline strong resistance
Either USDT will form an ascending triangle or double bottom
#### **Analysis Details:**
- **Current Price:** $82,862
- **Stop Loss (SL):** $83,467 - $83,927
- **Take Profit 1 (TP1):** $82,213
- **Take Profit 2 (TP2):** $81,127
#### **Market Outlook:**
- The chart suggests a potential **downtrend** as price is facing resistance near **$83,467 - $83,927**.
- If price fails to break above this resistance, it may decline toward **$82,213 (TP1)** and further down to **$81,127 (TP2)**.
- The market appears to be forming a lower high, which indicates bearish momentum.
- Traders looking for **short positions** should consider entering around the current price with stop-loss above **$83,927**.
This setup suggests a **bearish movement** unless Bitcoin breaks above the **resistance zone**.
Here we go, entry long for take this IHS pattern, bull still in control to reverse the momentum
Just now open a scalp long position on litecoin. I anticipate that the market will spike up soon towards $84.5 area before pushing back down.
ATOMUSDT is currently forming a classic inverse head and shoulders pattern on the chart—a strong technical indicator often associated with trend reversals. This bullish pattern, combined with rising volume, suggests that a breakout may be on the horizon. The neckline is being tested, and a confirmed breakout could trigger a wave of buying interest as traders anticipate a significant upside move.
Volume is looking promising as buyers step in around key support zones, showing confidence in the potential of ATOM. With the broader market stabilizing and altcoins gaining momentum, ATOMUSDT could ride this wave for a projected gain of 50% to 60%+. The current technical setup aligns well with historical bullish reversals seen with this pattern.
Investors are increasingly paying attention to ATOM, not just for its price action but also for its utility in the Cosmos ecosystem. With strong fundamentals backing the project and a promising technical structure, this may be the beginning of a new uptrend. A successful breakout above resistance could bring renewed momentum and fresh highs in the short to medium term.
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WUSDT has recently completed a strong breakout from a key resistance zone, signaling a potential shift in momentum and attracting significant attention from traders. The technical setup points to a confirmed breakout with increased trading volume, which typically precedes a powerful rally. This move is further supported by market participants showing renewed interest in the project fundamentals, positioning WUSDT for a potential bullish continuation.
With solid volume pouring in post-breakout, WUSDT looks ready to make a major move to the upside. Current market structure indicates a healthy retest of the breakout level, setting the stage for a possible rally of 250% to 300% in the coming sessions. Such gains are within reach, especially if broader market sentiment remains positive and volume continues to climb.
Investor confidence in WUSDT is growing, as many see it as an undervalued gem ready to reclaim higher levels. Its technical strength, combined with strong buying activity, presents an attractive opportunity for both swing traders and long-term holders. Watch for key psychological resistance levels to act as future targets while support holds firm below.
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