President Trump ends all trade with Spain after Madrid refuses US military use of bases for strikes on Iran, raising tensions in Europe and the Middle East.
The total crypto market cap has broken out of a symmetrical triangle pattern with strong volume confirmation. The Ichimoku Cloud is now acting as support, indicating underlying strength.
A successful retest of the breakout level would likely confirm the move and fuel a bullish rally across the crypto market.
However, if the retest fails, we could see price slipping back inside the triangle, leading to further consolidation.
Keep monitoring the price action closely for confirmation.
BNB failed the triangle pattern and now more prone towards the consolidation market. Price can now have huge expansion either side, once breaking above $660 or below $570. Take the breakout as early sign and get into the positions accordingly.
📢South Korean government reportedly confiscated a crypto ledger but accidentally exposed its seed phrase in a photo, after which 1,742 BTC ($51M) was stolen from the 2,333 BTC in custody.🇰🇷