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ETHUSDT Long by TeamPWRTradesTeamPWRTrades ETH Long Idea Although the general Crypto market has been showing weakness, we are expecting Bullish movement for ETH in the next coming days. Based on Daily candles there is still a possibility of ETH heading towards it's daily support zone at 1800. Our team recommends using low leverage 1-2% of capital for this trade due to the daily volume signaling a possibility of ETH reclaiming 2500-2800 zone. Enter 1: 2160 2: 2210 TP1: 2500 TP2: 2800 SL: 2088 Trade Active Happy Trading, TeamPWR
Long
by TPTCrypto
4
TradeCityPro | Bitcoin Daily Analysis #21👋 Welcome to TradeCity Pro! Today, we're going to dive into the analysis of Bitcoin and the crucial crypto indices. I will review the significant futures triggers for today's New York session. The market conditions haven't changed much from yesterday and continue to range between 83,779 and 87,070. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, I've outlined the Fibonacci levels because it seems that the previous bearish leg has ended, and the market is ranging, preparing for either a trend reversal or the next bearish leg. 🔄 Yesterday, I mentioned that it appeared the price was pulling back to the SMA 99 and that if the trigger at 83,779 was breached, we could confirm a pullback to the SMA 99 from the market. As you see, this did not happen, and the trigger at 83,779 was not activated. 🔍 As observed, there is a cross between the SMA 99 and the SMA 25, which has led the market to start ranging. Currently, there's a very important PRZ (Potential Reversal Zone) above the price, overlapping with the 0.5 Fibonacci zone and the resistance at 87,070. This makes it a critical area, and I suggest you stay behind the chart to see how the price reacts to this area. 🔽 If the price gets rejected from this area, we can take an early trigger for a short position, and if this area is breached, you can proceed to take a long position. However, be mindful that today is Sunday, and as you can see, the market volume has significantly decreased. This happens because the bearish leg has ended and the market is correcting, but also because it's Sunday and during weekends, market volume typically decreases. I recommend keeping an eye on risky positions such as the one at 87,070 during holidays or when the market volume is low. ⚡️ However, there are areas that are still good for opening positions even on holidays like Sunday when the market volume is low, such as the area at 83,779. In my opinion, this could cause the price to move towards its next bearish leg if this area is breached, so even if the market volume is low and it's a holiday, I think if this area is breached, significant selling volume will enter the market and for this reason, I try to keep a short position open if this area is broken. 💥 The RSI oscillator, as you see, has moved above the 50 area, and breaking this area could be a good momentum confirmation for opening a short position. If the RSI enters the oversell area, we can have momentum confirmation for the start of the next bearish leg. 👑 BTC.D Analysis As you can see, I had marked a trigger at 61.21 yesterday, which the price didn't manage to break convincingly, showing little respect for this area, so I have removed this line. Currently, it seems that Bitcoin dominance is ranging between 61.91 and 61.49, and I believe that sooner or later, the large box ranging from 60.48 to 62.19 will be broken. ✨ If this break is from above, Bitcoin dominance could even experience more bullish legs, increasing Bitcoin's dominance in the market. However, if dominance breaks from below and the market turns bullish, altcoins could perform very well. 🔼 The trigger for today's dominance is that if 60.91 is broken, we can confirm a bearish turn in dominance, and conversely, if 61.49 is broken, we can confirm a bullish turn. 📅 Total2 Analysis As you see, Total2 was supported from 1.01 and has moved upwards to 1.09, where it is currently being rejected. The SMA 99 in Total2 has also reached the price, and the price has reacted to it. 📉 We have a very risky trigger for a short position on Total2, which is the break of 1.06; this position is very risky and can be opened as a scalp in lower timeframes.The primary target I can consider for this position will be the area of 1.01. 📅 USDT.D Analysis As you observe, Tether's dominance was rejected from 5.21 and could not stabilize above this area, creating a very small ranging box between 5.08 and 5.21. Currently, it's near the area of 5.08, and if this area is broken, dominance could drop to 4.92. 🎲 This drop would likely boost the market upwards, and if this area is broken, depending on Bitcoin's dominance, you can decide to open positions on altcoins or Bitcoin. 💫 Conversely, if dominance is supported from this area and moves towards 5.22, and if this area is broken, you can open short positions on altcoins or Bitcoin. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
9
TradeCityPro | Bitcoin Daily Analysis #20👋 Welcome to TradeCity Pro! Let's dive into the Bitcoin analysis and key crypto indices, where I will, as usual, review the futures triggers for today's New York session. The market had an upward and corrective movement yesterday, rising from the support at 78,940. Today, I aim to examine the market conditions for you. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, the price has risen from the support at 78,940 and managed to exceed the area of 83,779. A V pattern has formed and has been activated, moving the price upward. It appears that the break of 83,779 so far was a fake break. 🔼 If 83,779 is broken again, you can enter a short position targeting 78,940, but keep in mind that since the price has already faked a break, there might be an upward momentum entering the market. If 82,770 breaks, you could consider taking the risk of opening a long position. ⚡️ Personally, I prefer to open a long position with the minimum risk allowed by my strategy, but if 83,779 breaks, I will open a short position with usual risk. As you can see, the price has also hit the SMA 99 and seems to be getting rejected from it. 📉 This could be another suitable confirmation for a short position, and if the price cannot stabilize above this SMA and gets rejected from this area, breaking 83,779, we could even expect the next bearish leg towards lower lows, although the first target for us would be 78,940. ✅ The RSI oscillator has also moved out of the oversell zone and above the 50 area. A break of the 50 zone could reintroduce bearish momentum into the market. 📊 Keep in mind that today is Saturday, considered a holiday, and the market volume is very low. I generally prefer the market to range on such days and then start moving afterward. 👑 BTC.D Analysis Let's move on to analyzing Bitcoin dominance to see how Bitcoin's dominance over the market has changed compared to yesterday. As you can see, after being supported at 60.48 and breaking the 60.91 area, it's moving upwards again. 💫 As I mentioned, a range box has formed between 60.48 and 62.19, and I told you yesterday that if the dominance stabilizes above 60.91, it could start moving towards the box's ceiling. 🎲 As you can see, this movement has started, and so far, the dominance has reached 61.21. We need to see how the dominance reacts to this area. If this area breaks, the next resistance levels for dominance will be 61.49 and 62.19. 🧲 I have nothing more to say about Bitcoin dominance. It seems to be forming an upward structure, and if this upward structure coincides with the next bearish leg of Bitcoin, altcoins could provide very good short positions and experience sharp declines. 📅 Total2 Analysis Let's move on to analyze Total2 to see what the triggers for altcoins will be. As you can see, Total2 was supported from 1.01 and has moved upward to 1.09, where it is currently being rejected. 🔍 As you observe, the SMA 99 in Total2 has reached the price and the price has reacted to it. We have a very risky trigger for a short position on Total2, which is the break of 1.06; this position is very risky and can be opened as a scalp in lower timeframes. 🚀 The highest target I can consider for this position will be the area of 1.01. 📅 USDT.D Analysis Let's move on to the analysis of Tether dominance. As you see, Tether's dominance was rejected from 5.50 and has moved downward, reaching back to 5.21. This index, like Bitcoin and Total2, has reached the SMA 99 and been supported from this area, and could perform its next bullish leg after breaking 5.21. 💥 In this case, you could confirm the bullish turn of Tether's dominance and validate this dominance for the next bearish leg of the price. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
7
UNIVERSOFSIGNALS| Bitcoin Daily Analysis #19👋 Welcome to UNIVERSOFSIGNALS ! Let's dive into the analysis of Bitcoin and important crypto indices. As usual, I will review today's future triggers for the New York session. Today's analysis will be conducted in the 4-hour timeframe, as the 1-hour timeframe does not provide the clarity of price information we need, and the 4-hour timeframe is better suited for today's analysis. ⏳ 4-Hour Timeframe As you can see, after the price broke through the $95,108 area, we witnessed a significant drop on the chart, with the first bearish leg reaching down to $87,070 and subsequent legs moving to lower areas. Currently, the price has reached the support at $78,940 and has been supported there. 🔍 As you can observe, the volume of the price candles is very high compared to the green candles, which clearly indicates that the market's control is heavily skewed towards sellers. ✨ The RSI oscillator, after forming a Double Bottom in the oversell area and returning to the normal zone, re-entered the oversell zone yesterday, which led to another bearish leg after breaking the $83,779 trigger, which I had previously identified for you, and the price then proceeded to perform its next bearish leg. 💥 Currently, we have positions open from the $95,108 and $92,433 areas, and if you have been following and looking to open more positions, you would have also opened positions upon the breaks of $87,070 and $83,779. Given the sharp market downturn, you would have made a considerable profit by now. ✅ I suggest that if you have open short positions from any of the levels that were breached, to take profits and even close the position because it seems the market has completed its downturn and might start correcting or ranging. 🧩 The range I anticipate the price might oscillate within is between $72,940 to $82,700, but keep in mind that these analyses are my personal opinion, and the price could break the $78,940 area and perform its next bearish leg at any moment. In that case, I would personally open a short position and ensure to have a short position open in case of a break below $78,940. 🔽 Today, apart from this short trigger, I cannot give you another trigger. This short trigger is very risky, and you should open this position with the minimum risk your strategy allows. 👑 BTC.D Analysis As observed in the 4-hour timeframe, BTC.D is currently forming a smaller box between the areas of 60.48 to 60.91 and continues to fluctuate within this box, so no specific trend can be predicted. 🔑 However, if the area of 60.48 breaks, we can be more hopeful for an altcoin rally, expecting that altcoins might recover some of the ground they have lost because, along with Bitcoin's ranging, Bitcoin dominance has been increasing, and altcoins have been bearish for several months. 📅 Total2 Analysis Moving on to Total2, as you can see, Total2 was rejected from the crucial area of 1.13, which I mentioned before, and broke the 1.07 area, currently registering a floor at 1.01. This area was not historically significant, and the price has reacted alongside Bitcoin, so we need to see how Total2 moves. ⚡️ If the 1.01 breaks, you can open a short position, which I will also be doing. However, I will open this position only if Bitcoin dominance turns bullish, expecting further declines in altcoins if that happens. 🔼 For a long position, you need to wait until the price forms a new upward structure, and if it moves sharply upwards, you can enter on a break of 1.13. 📅 USDT.D Analysis As I mentioned yesterday, there was a significant resistance area at 5.45 in USDT.D, where Tether's dominance was rejected from slightly higher at 5.50, and we are seeing a red candle which might indicate the start of a correction and the end of this bullish leg in dominance. ⭐️ The only trigger for a bullish scenario in USDT.D dominance and a market downturn is 5.50, and for a long position and a decline in Tether's dominance, there is no trigger at this moment. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by UNIVERSOFSIGNALS
TradeCityPro | Bitcoin Daily Analysis #19👋 Welcome to TradeCity Pro! Let's dive into the analysis of Bitcoin and important crypto indices. As usual, I will review today's future triggers for the New York session. Today's analysis will be conducted in the 4-hour timeframe, as the 1-hour timeframe does not provide the clarity of price information we need, and the 4-hour timeframe is better suited for today's analysis. ⏳ 4-Hour Timeframe As you can see, after the price broke through the $95,108 area, we witnessed a significant drop on the chart, with the first bearish leg reaching down to $87,070 and subsequent legs moving to lower areas. Currently, the price has reached the support at $78,940 and has been supported there. 🔍 As you can observe, the volume of the price candles is very high compared to the green candles, which clearly indicates that the market's control is heavily skewed towards sellers. ✨ The RSI oscillator, after forming a Double Bottom in the oversell area and returning to the normal zone, re-entered the oversell zone yesterday, which led to another bearish leg after breaking the $83,779 trigger, which I had previously identified for you, and the price then proceeded to perform its next bearish leg. 💥 Currently, we have positions open from the $95,108 and $92,433 areas, and if you have been following and looking to open more positions, you would have also opened positions upon the breaks of $87,070 and $83,779. Given the sharp market downturn, you would have made a considerable profit by now. ✅ I suggest that if you have open short positions from any of the levels that were breached, to take profits and even close the position because it seems the market has completed its downturn and might start correcting or ranging. 🧩 The range I anticipate the price might oscillate within is between $72,940 to $82,700, but keep in mind that these analyses are my personal opinion, and the price could break the $78,940 area and perform its next bearish leg at any moment. In that case, I would personally open a short position and ensure to have a short position open in case of a break below $78,940. 🔽 Today, apart from this short trigger, I cannot give you another trigger. This short trigger is very risky, and you should open this position with the minimum risk your strategy allows. 👑 BTC.D Analysis As observed in the 4-hour timeframe, BTC.D is currently forming a smaller box between the areas of 60.48 to 60.91 and continues to fluctuate within this box, so no specific trend can be predicted. 🔑 However, if the area of 60.48 breaks, we can be more hopeful for an altcoin rally, expecting that altcoins might recover some of the ground they have lost because, along with Bitcoin's ranging, Bitcoin dominance has been increasing, and altcoins have been bearish for several months. 📅 Total2 Analysis Moving on to Total2, as you can see, Total2 was rejected from the crucial area of 1.13, which I mentioned before, and broke the 1.07 area, currently registering a floor at 1.01. This area was not historically significant, and the price has reacted alongside Bitcoin, so we need to see how Total2 moves. ⚡️ If the 1.01 breaks, you can open a short position, which I will also be doing. However, I will open this position only if Bitcoin dominance turns bullish, expecting further declines in altcoins if that happens. 🔼 For a long position, you need to wait until the price forms a new upward structure, and if it moves sharply upwards, you can enter on a break of 1.13. 📅 USDT.D Analysis As I mentioned yesterday, there was a significant resistance area at 5.45 in USDT.D, where Tether's dominance was rejected from slightly higher at 5.50, and we are seeing a red candle which might indicate the start of a correction and the end of this bullish leg in dominance. ⭐️ The only trigger for a bullish scenario in USDT.D dominance and a market downturn is 5.50, and for a long position and a decline in Tether's dominance, there is no trigger at this moment. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
20
TradeCityPro | Bitcoin Daily Analysis #18👋 Welcome to TradeCity Pro! Let's dive into the analysis of Bitcoin and key crypto indicators. Yesterday, the price broke the critical support level at $87,700 and proceeded to the next bearish leg. Today, we'll explore what might happen to Bitcoin in the future and identify appropriate triggers for opening positions in the New York session. ⏳ 1-Hour Timeframe As you can see, yesterday the price was rejected from $89,458 and moved downwards, breaking the support at $87,070 and dropping to the area of $83,779. ⚡️ As you notice, I have adjusted the Fibonacci that I had drawn. This is because the price did not even correct to the 0.382 Fibonacci level. In fact, the correction and rest that occurred up to $89,458 was not a true correction, but rather a part of the bearish leg. ✅ As you can see in this new form that I have drawn Fibonacci, the 0.5 and 0.382 levels have become very important areas and can be considered significant resistance zones for the price. ♟ Currently, after reaching $83,779, the price has found support at this level, and as observed, the RSI has shown significant divergence with the previous bottom, and after the divergence trigger in the RSI hit 50, we see that the price has managed to form a green candle. 🔍 If the price can rise above this level again and return to the box between $87,070 and $89,458, we can say that the bearish trend has temporarily ended, and the market wants to create a new structure for opening positions. 🧪 As we did before, we supported from $87,070 and took a day of rest in this area. We opened a position when it broke $87,070, and I hope you were with us and opened your position. 🔄 From the positions we previously held from higher areas like $95,108 and $93,433, I suggest using Dow Theory to close your positions if the price establishes a higher floor and ceiling. You can also place your active stop loss above the resistance area of $89,458, which corresponds to the 0.5 Fibonacci level. 📈 However, for opening positions today, if the price moves sharply upward and forms a V pattern, you could consider opening a long position if it breaks $89,458. But this position is very risky, and I personally won't open it because the market trend and momentum are completely bearish, and I see no sign of an upward trend. 🔽 For short positions, if the price is rejected from $87,070, you could open a short position in the lower timeframes if this trigger breaks. However, if you want to behave more securely, you can open a short position if $83,779 breaks. 🎲 I will not be joining this position because I have positions open from higher up, and I don't want to disrupt the average of my position and have it move lower. I think the price has fallen enough and now needs rest, although my view might be wrong, and the price could from here again commence the next bearish leg. 👑 BTC.D Analysis Let's move on to analyzing Bitcoin dominance to determine which coins might be more appropriate to trade today. As we see, there was another drop in Bitcoin dominance, this time breaking the area of 90.61, and dominance has returned to the previous low of 60.48, where it found support. 🧩 As Bitcoin corrected, Bitcoin dominance also increased, causing Bitcoin to perform deeper corrections compared to altcoins. 🧲 When we get to Total2, we'll see that Bitcoin has corrected more than altcoins, but determining the trend in Bitcoin dominance is a bit difficult as it's nearly forming a large range box between 60.48 and 62.19. As long as it's in this box, it's hard to determine a clear trend, and it might move towards the bottom or top of the box. 💥 However, since we are currently at the bottom of this box, if dominance again stabilizes above 60.21, we can take this as confirmation of becoming bullish. If the bottom of the box, which is 60.48, breaks, dominance could move to its next bearish leg targeting 59.84. 📅 Total2 Analysis As you observed, alongside the drop in Bitcoin dominance, the market also fell, which caused Total2 to not lose its important area of 1.07 and to bounce back from there, moving upwards. ✨ But as I mentioned, the increase in Bitcoin dominance caused Bitcoin to correct more than altcoins, but overall, Total2 is in a better situation than Bitcoin because Bitcoin was supported at a lower level and lower support, but Total2 bounced back from the same support at 1.07 and is moving upwards. 💫 I expect a box to form between 1.07 and 1.13, which overlaps with the 0.382 Fibonacci, and Total2 could create a structure in this box. Today, if any of these structures break according to Bitcoin dominance, you can open positions, but given that Bitcoin dominance is falling, I prefer to open a position on Bitcoin if the bottom of the box breaks and if I want to open a long position, do it on altcoins unless Bitcoin dominance rises from the bottom of its box and starts moving upward again, becoming bullish. 📅 USDT.D Analysis Let's go to the analysis of Tether dominance. As you see, dominance broke the resistance at 5.04 and made another upward move to the resistance at 5.21. ⭐️ Currently, dominance is moving downwards again and has entered a corrective phase. There is a very important floor at 4.92, and as long as it is above this area, I see the trend of Tether dominance as bullish. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
20
TradeCityPro | Bitcoin Daily Analysis #17👋 Welcome to TradeCity Pro! Let’s move on to the analysis of Bitcoin and key crypto indices. As I mentioned yesterday, there was a possibility that the market would undergo a correction and start ranging, and that’s exactly what happened. ✨ The price hasn’t changed much compared to yesterday, and the short positions we opened remain open for now. There’s no need to take profits yet. Let’s analyze the market to identify today’s triggers or the ones that might signal when to take profits on previous positions. ⏳ 1-Hour Timeframe As you can see in the 1-hour timeframe, after the price formed a base at 87,700, it entered a ranging phase. The RSI, after being rejected multiple times from the 30 level, has finally exited the oversold zone and has now reached 50, indicating that the bearish momentum has slightly weakened. ⚡️ The current minor resistance is at 89,458, and if the price closes above this level, we can take partial profits on our short positions, securing the desired profit from this market move. 👀 However, as you can see, I have placed a Fibonacci retracement on the chart since the price completed a bearish leg and, after reaching the 82,770 low, this bearish leg can be considered complete. Now, we are in a correction phase. As you can see, the price has not even retraced to the 0.382 Fibonacci level yet, forming a lower high below this zone. 🔼 This indicates that buyers are weak in the market, and sellers remain in control. If the price closes above 89,458, the likelihood of deeper corrections increases, which could extend to the 0.5, 0.618, or even 0.786 Fibonacci levels. 🧲 A crucial point about this Fibonacci retracement is the zone between 0.5 and 0.618, where the price has already reacted in the previous bearish leg. More importantly, the 92,433 support that was broken aligns with the 0.618 Fibonacci level, making this zone a critical PRZ (Potential Reversal Zone). 🔑 If the price breaks below 87,070, you can enter a short position, but for longs, I suggest waiting until the price forms more structure and buyers step into the market, leading to bullish momentum. 👑 BTC.D Analysis Let’s move on to Bitcoin dominance analysis. As I mentioned yesterday, BTC dominance got rejected from 62.19, and I had said that a bearish trend was likely. That’s exactly what happened, and after BTC dominance broke below 61.49, it moved downward in a bearish leg to 60.91. Now, it is in a corrective phase. 💫 The confirmation of further downside for BTC dominance will come if it breaks below 60.91, which could trigger the next bearish leg. Currently, I do not have any bullish triggers for BTC dominance except for a reclaim of 61.49. However, since the structure is still forming, we need to wait before considering any bullish trigger. 📅 Total2 Analysis Now, let’s move on to Total2. As I mentioned yesterday, the 1.16 level was broken, and a new support formed at 1.07. As you can see, Total2 has retraced more significantly than Bitcoin, correcting almost to the 0.382 Fibonacci level. 🎲 The reason for this deeper retracement is that Bitcoin dominance has been declining—more money has exited Bitcoin than altcoins, allowing altcoins to recover more than Bitcoin. 🔫 In Total2, we also have a major resistance zone between the 0.5 and 0.618 Fibonacci levels, similar to Bitcoin. In general, both Bitcoin and Total2 have a critical resistance zone between their respective 0.5 and 0.618 Fibonacci retracements. 💥 Currently, the key resistance is at 1.13, and if the price breaks this level, it could move towards the resistance zone. However, for short positions, if 1.07 is broken, you can enter a short trade. ✅ Be mindful of BTC dominance, as it is currently in a downtrend. If BTC.D continues to decline, shorting Bitcoin may be a better choice than shorting altcoins. 📅 USDT.D Analysis Now, let’s analyze USDT dominance (USDT.D). Yesterday, it made a fake breakout above 5.04 and then reversed sharply downward, failing to hold the resistance. However, it has not yet formed a clear structure, so it’s too early to make any strong conclusions. ⭐️ I recommend avoiding opening new positions in the market for now and refraining from high-risk trades. The main trade opportunity was already provided when Bitcoin’s range broke down, so if you missed it, do not let FOMO push you into a trade. Avoid making rushed decisions that could put your capital at risk. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
1
GBPCAD at Key Resistance: Potential Selling Opportunity to 1.789OANDA:GBPCAD is trading near a robust resistance zone that aligns with prior price rejections. This area has previously attracted strong selling interest, making it a critical point to watch. If bearish confirmation appears, such as strong upper wicks or bearish candlestick patterns, I anticipate a move toward 1.78900. But a break above this level could signal further upside and invalidate the bearish setup. -Carefully evaluate price action at this zone before entering positions. -Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Short
by TrendDiva
12
TradeCityPro | Bitcoin Daily Analysis #16👋 Welcome to TradeCity Pro! Let’s move on to the analysis of Bitcoin and key crypto indices. Yesterday, Bitcoin experienced a very sharp and intense bearish move. If you have been following the analysis, you probably already had a short position. I’d be happy if you share the positions you opened in the comments. ⏳ 1-Hour Timeframe Well, in this one-hour timeframe, as you can see, the price finally broke the 95,108 level, and as I have mentioned in several past analyses, this level is much more important than 92,702 for us. The reason is that the reactions that the price has had to this level have been far more significant than 92,702, making it a very important support. 📉As you can see, with a candle closing below this level, this trigger was activated, and the price made a downward move. The next trigger at 93,899 was broken, and eventually, after breaking 92,702, the price started its next bearish leg. At present, the price has found support at 88,229, and we are witnessing a green 1-hour candle. 🔄 The positions that we could have opened earlier were with the break of 96,205, which we opened a position for, and the next key levels yesterday where we could have opened positions were 95,108 and 93,899. I hope you opened these positions and made a profit. 💥 At present, the RSI indicator, as you can see, is deep in oversold territory and has formed a double bottom in the oversold area. If it finally exits the oversold zone and moves above 30, this double bottom will be activated, and we can say that the market momentum is shifting out of its bearish phase and may enter a ranging phase. ⚡️ Today, I cannot provide any trade triggers. Yesterday was the key day to enter positions. However, the current support level is 88,229, and the recent high is at 92,444. 🧩 I have nothing more to say about Bitcoin. We have a bearish leg with good momentum, and we need to wait for the price to create a structure before we can analyze Bitcoin again. 👑 BTC.D Analysis Let’s move on to Bitcoin dominance. As you can see, yesterday, BTC dominance closed above the 61.49 level, and after a pullback to this zone, it made a sharp move up to 62.19. It even surpassed our 62% target, forming a top during Bitcoin’s first bearish leg. ✅ However, during the second bearish leg that the market experienced, BTC dominance declined, which caused Bitcoin to drop more than altcoins in this move, whereas in the first leg, altcoins had dropped more than Bitcoin. So, in a way, we can say that both had almost the same proportion of decline. 💫 BTC dominance seems to have formed its top at 62.19 and could now range between 61.49 and 62.19. 📅 Total2 Analysis Now, let’s move on to Total2. Yesterday, the 1.19 trigger was activated, and another key level that was broken was 1.16, and with the break of either of these levels, you could have opened a position. At present, the price has reached 1.07. ⭐️ There is not much else to say about Total2. We need to see at what level it will form its bottom and what kind of structure will be created for either a correction or the continuation of the bearish trend. Currently, the most important support level is 1.07, which the price has reacted to multiple times in the past. 📅 USDT.D Analysis USDT dominance, after closing above 4.62, successfully held above 4.75, which was the main resistance for USDT.D, and then made a sharp upward move. Currently, it has reached 5.04, which is a very important historical level, and has shown a reaction to it. 🔫 There isn’t much to discuss about this index, and overall, there isn’t much to analyze in the market today. Most of today’s discussion is about the positions that could have been opened and the profits that could have been made, which I already covered in Bitcoin’s analysis. 🧲 For now, we need to wait until the market forms a new structure, and once that happens, we can look for the next trade setup for the next major leg. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
10
AUDNZD: Potential Buy Opportunity at Key Support LevelOANDA:AUDNZD is approaching a significant support zone. This zone has consistently acted as a key area of interest where buyers regained control, leading to notable reversals in the past. The current moves suggests the potential for a bullish reaction if price action confirms rejection through signals such as bullish engulfing candles, long lower wicks, or increased buying volume. If the support holds, I anticipate a move upward toward the 1.10860 level, aligning with the expectation of a short-term reversal. However, if the price breaches this zone and sustains below it, the bullish outlook may be invalidated and we could potentially see a bigger downside. Monitoring candlestick patterns and volume at this critical zone is essential for identifying buying opportunities. Proper risk management is advised to navigate potential volatility. If you have any thoughts on this setup or additional insights, drop them in the comments!
Long
by TrendDiva
1
TradeCityPro | Bitcoin Daily Analysis #15👋 Welcome to TradeCityPro! Let's dive into the analysis of Bitcoin and key crypto indicators. In this analysis, as per the routine on Mondays, I’ll also review the chart in higher timeframes for you to see what price scenarios might be likely for the coming week. 📅 Daily Timeframe In the daily timeframe, as you can see, the price is still in a very small trading range, oscillating from the 95108 area to the 98482 area, forming a very small range within a larger range box that extends from 92702 to 105928. 📊 As you can observe, the market volume within this box has significantly decreased and is continuing to diminish, indicating that traders and market participants are gradually decreasing. If this box breaks, the price can determine its next direction and movement leg. 🔽 If the 95108 area breaks, the next area will be 92702, which is the bottom of the range box. If this support breaks, the next support area will be at 87000. ✅ Conversely, if the price breaks the range box upward, breaking 98482 could lead the price towards the upper resistance areas of 101234 and 105928. The main confirmation for the next upward trend will be with the breaking of 105928, and if this area, which is also Bitcoin’s ATH, is broken, we can say that the price can move towards higher targets and new ATHs. 💥 In the RSI oscillator, as you see, this indicator is oscillating between two very important areas from 40.73 to 51.34, and breaking either could give us a confirmation of the RSI momentum. ⚡️ Let's go to the four-hour timeframe to observe the price movement with more details. ⏳ 4-Hour Timeframe As you see, we are in a range box that was visible in the daily timeframe as well, ranging from 95108 to 98482. This box has been faked once from the bottom and once due to the news of the hack at the Bybit exchange, causing the price to fake the top of this range box and move downward. 🧩 Currently, as you see, the number of hits to the bottom of the box has significantly increased, which increases the likelihood of this box’s floor breaking. Therefore, if 95108 breaks, I will try to enter a position and will show you later in the analysis how we can decide to open a short position on altcoins or on Bitcoin. 🔼 For long positions, the trigger at 96847 is suitable, but it is better to go to the one-hour timeframe to find better and more appropriate futures triggers. ⏳ 1-Hour Timeframe Let's go to the one-hour timeframe, a timeframe I analyze for you every day. Yesterday, the trigger I gave at 96205 was activated and gave very good profits, and the price almost reached the bottom of the box. After that, with a strong candle and a lot of buying volume that you saw, the price pulled back to this area again, so this area could become an important area in the future and I will keep this line on the chart for now. 📈 If the price breaks this area upward this time, and if the candle is of good volume and shape, I will definitely open a long position, and our next trigger for long will be at 96847. 🔑 But as you see, the price also reacted yesterday to the top of the Expanding Triangle area, and as you see, it both got rejected from this top and reacted with a shadow to it and pulled back to it. 📊 The market volume is also increasing. This drop that the price has started and the same causes the likelihood of breaking 95108 to increase. So I suggest if the price reaches near this area and gives you a good stop loss placement, definitely have a stop sell below this area so that if the price moves sharply downward, your position is activated and you don’t miss the price movement. 📉 The next price support will be at 93899, and we also have dynamic support at the bottom of the Expanding Triangle that can act as a good target and support from the price. I don’t see any other important points, so let’s move on to dominance analysis. 👑 BTC.D Analysis Let's go to the analysis of Bitcoin dominance. As you see, yesterday, after recording a new low in the area of 60.72, it gained a very good upward momentum and moved upwards, and after breaking 61.04, it re-entered the range box and this morning also broke the top of the box, which was area 61.49, and this increase in Bitcoin dominance caused altcoins to drop much more than Bitcoin. 🔍 If this trend of Bitcoin dominance continues, if the floor 95108 in Bitcoin breaks, opening a short position on altcoins would be more logical than Bitcoin because more money is leaving altcoins than Bitcoin. 🤝 Let's go to the analysis of Total2 and review the appropriate triggers for altcoins for you. 📅 Total2 Analysis As you see in Total2, yesterday's trigger at 1.22 was activated, and as we saw in Bitcoin dominance, altcoins dropped much more than Bitcoin, definitely giving you very good profits. I would be happy if you opened a position with this trigger, definitely tell in the comments so I am aware that you are using the triggers I provide in the analysis. 💫 As you see, the area 1.19 overlaps with the 95108 area in Bitcoin, but Total2 has broken this area. The reason is that Bitcoin dominance is rising, which causes that even though Bitcoin is still on support and has not broken its support, Total2 has broken its support and can now move towards the area 1.16. 🔑 If you have altcoins in mind that give a trigger for entering a short position now, you can open a position on them. For long positions, in my opinion, today the market will not give a long trigger. But if this downward movement is faked and the price moves upwards with the confirmation of theory and setting higher lows and highs, you can open a long position. 📅 USDT.D Analysis As you see, USDT.D has activated its short trigger in the area of 4.62 and yesterday rose from the support of 4.52 and moved upwards. If dominance can stabilize above 4.62, we can expect it to move towards 4.75, and this could be a very suitable confirmation for opening a short position on altcoins. ✅ But everything depends on Bitcoin dominance, and with the movement of Bitcoin dominance, you can decide whether to open this position on altcoins or on Bitcoin itself. For long positions and confirmation of a bearish trend in Tether dominance, you must wait until the price forms a new structure again, and in my opinion, if this break is faked, area 4.52 will become a very important area. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
12
TradeCityPro | Bitcoin Daily Analysis #14👋 Welcome to TradeCityPro! In this analysis, as usual, I aim to review the critical futures triggers for the New York session. 📰 Yesterday, news of the Bybit exchange hack emerged, and I will examine its impact on the charts and what it may mean for Bitcoin's future. ⏳ 1-Hour Timeframe As observed, before the Bybit hack news, Bitcoin was trending upward and had breached the 98482 area. However, when the news broke, Bitcoin took a sharp downward turn, moving straight down to the box floor at 95108. 🔍 Bybit was reportedly hacked for $1.5 billion. Official statements assure that the exchange can fully reimburse its users, suggesting no substantial long-term financial impacts. The Bitcoin movement appears to be a reactionary drop due to the severe nature of the news and is not likely to have a lasting effect. ✨ However, it has shown that the 95108 area is extremely reliable and significant, potentially becoming a key level in the future. As you can see, I have retained the triangle that the price had been reacting to in recent weeks. If there is no reaction today, I will remove this triangle from tomorrow's chart as it appears that the price is more consistently within the box between 95108 and 98482, and the expanding triangle no longer seems relevant. 🔼 Currently, I cannot provide a firm long trigger for futures, and I have removed the 97816 trigger used previously. Such triggers are ineffective after being activated once, and we must wait for the price to establish a new structure. ⚡️ A risky long position could be taken on the breakout of 96516, which has been activated. If you observe a suitable candle with strong momentum during a pullback to this area, you may consider entering. 📉 For a short position, the very reliable trigger remains at 95108. If this area breaks, I will personally attempt to open a short position, as the strong reaction to yesterday's news demonstrated this support's significance. 📅 BTC.D Analysis The situation hasn't changed much, and Bitcoin dominance continues to range as it has in previous days. ✅ Still, if the 61.04 level breaks, it confirms a bearish dominance, and a breakout of 61.49 would confirm bullish dominance. 📅 Total2 Analysis For Total2, the trigger activated yesterday was a fake-out, but it caused the trigger to shift. Currently, there is a very promising long trigger for Total2 at 1.26, which the price has reacted to very well, suggesting it is a reliable area. For short positions, entering upon breaking 1.19 could be considered. 🧩 These positions are risky, and the main triggers are for breaking out of the box that lies between 1.16 and 1.28. 📅 USDT.D Analysis USDT dominance reached the bottom of the box yesterday at 4.40 and showed a very strong reaction. Along with the Bybit hack news, it moved sharply upward to 4.62. 💫 Currently, dominance has been rejected from this area and returned to the middle of the box, indicating that the 4.40 and 4.62 levels are important for confirming positions. If either of these levels breaks, we can secure a long-term confirmation for the bullish or bearish direction of Bitcoin dominance. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
6
GBPNOK at Key Demand Zone: Rebound Toward 14.0198?FOREXCOM:GBPNOK reached a significant demand zone, marked by prior strong price reactions and buying pressure. This level has historically acted as a support zone, indicating the potential for a bullish reversal if buyers regain control. The current market structure suggests that if the price confirms a rejection from this demand zone, we could see a move upward toward the 14.0198 level, which aligns with a logical retracement. Traders should watch for bullish confirmation signals, such as bullish engulfing candles or higher lows, before entering long positions.
Long
by DanieIM
egld setup"🌟 Welcome to Golden Candle! 🌟 We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎 Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫 Instead, they reflect our own 💭 personal attitudes and thoughts. 💭 Follow along and 📚 learn 📚 from our analyses! 📊💡"
Short
by Golden_candle
TradeCityPro | Bitcoin Daily Analysis #13👋 Welcome to TradeCityPro! Today's analysis will focus on crucial futures triggers for the New York session as usual. The recent news of the Bybit exchange hack will also be discussed to see its potential future impact on Bitcoin. ⏳ 1-Hour Timeframe As you can see, before the news of the Bybit hack, Bitcoin was moving upward and had broken through the 98482 region. However, upon the news release, Bitcoin began a sharp downward move, reaching the floor of the box at the 95108 area. 🔍 Bybit was hacked for an amount of $1.5 billion, but it has been officially announced that the exchange can fully reimburse its users, indicating no long-term financial instability from the hack. The movement in Bitcoin seems to be a reactionary dip due to the sudden bad news, and I believe it won't have a lasting impact. ⚡️ However, what has become apparent is that the 95108 area is a very reliable and important region, which could become one of the key areas in the future. As you can see, I have maintained the triangle that the price had been reacting to over the past few weeks. If there is no reaction today, I will remove this triangle from the chart tomorrow since it appears that the price is more contained within the box between 95108 and 98482, and the expanding triangle is no longer visible. ✅ At this time, I cannot give a definite long trigger for futures as the 97816 trigger used previously has been removed. Such triggers lose their effectiveness after being activated once, and we need to wait for the price to form a new structure. 📈 A risky long position could be entered upon the breakout of 96516, which has already been activated. If you see a suitable candle with good momentum during a pullback to this area, you may consider entering. 🔽 For a short position, the very clear trigger remains at 95108. If this area breaks, I personally will attempt to open a short position as the strong reaction to yesterday's news demonstrated that this support could be very significant. 📅 BTC.D Analysis The situation hasn't changed much, and Bitcoin dominance has been ranging as in the past few days. 💥 Still, if the 61.04 level breaks, it confirms a bearish dominance, and a breakout of 61.49 would confirm bullish dominance. 📅 Total2 Analysis For Total2, the trigger activated yesterday was a fake-out, but it caused the trigger to shift. Currently, there is a very promising long trigger for Total2 at 1.26, which the price has reacted to very well, suggesting it is a reliable area. For short positions, entering upon breaking 1.19 could be considered. ✨ These positions are risky, and the main triggers are for breaking out of the box that lies between 1.16 and 1.28. 📅 USDT.D Analysis USDT dominance reached the bottom of the box yesterday at 4.40 and showed a very strong reaction. Along with the Bybit hack news, it moved sharply upward to 4.62. 🧩 Currently, dominance has been rejected from this area and returned to the middle of the box, indicating that the 4.40 and 4.62 levels are important for confirming positions. If either of these levels breaks, we can secure a long-term confirmation for the bullish or bearish direction of Bitcoin dominance. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
1
NZDSGD at Key Resistance – Will Sellers Step In? OANDA:NZDSGD has reached a significant resistance zone. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in. The current market structure suggests that if the price confirms a rejection from this resistance, we might see a move lower toward the 0.76670 level , a clear target based on past price behavior and current market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
5
TradeCityPro | Bitcoin Daily Analysis #12👋 Welcome to TradeCityPro! In today's analysis, as usual, I want to review important futures triggers for the New York session. Today's analysis reaches you a bit earlier than usual because the price is at a very critical area, and I want you to have this analysis in case this area breaks. ⏳ 1-Hour Timeframe As you can see in the 1-hour timeframe, after the fake break of 95108, a very strong bullish momentum entered the market, and as you can see, the volume and the number of green candles are much higher than the red ones, indicating the strength of the buyers. 🔍 The first trigger we had in this bullish wave was at 96446, which was activated two days ago and has given us very good profits so far. I mentioned yesterday's trigger to you as well; in case of breaking the expanding triangle and activating the trigger at 97816, you could open a risky long position, and the main trigger is 98482. Yesterday's trigger has also been activated and is still in profit, and today we have a very good trigger for long, which can help us open a position. 📈 Today's trigger for long is 98482, which can be a very suitable trigger, and if this area breaks, the first target is 99946 and the second target is 101819. I'm not removing the expanding triangle from the chart yet because if the price does a fake breakout of 98482, we can revert to the triangle structure. Therefore, I will keep the triangle on the chart until 98482 is broken. 📅 BTC.D Analysis Let's go to the Bitcoin dominance. As you can see, the situation with dominance hasn't changed much compared to yesterday and is still fluctuating between the areas of 61.49 and 61.04. 📊 Breaking any of these areas could define the next leg of the price, and if 61.04 breaks, the price chart could move down to 60.48. On the other hand, if the area 61.49 is broken, the price could move up to 62 percent. 📅 Total2 Analysis Moving on to the analysis of Total2. Total2 has not yet activated its appropriate long trigger while Bitcoin dominance has been ranging, but Total2 still hasn't activated its long trigger in the area of 1.24, and the position you open on altcoins can be confirmed if 1.24 breaks. 🔽 For short positions, you can enter a short position if 1.22 breaks and confirm it for altcoins. Keep an eye on Bitcoin dominance to decide which one between Bitcoin and altcoins is better for opening positions. 📅 USDT.D Analysis Finally, the Tether dominance has reached a very important support area. This area was at 4.46 yesterday, but due to the reaction dominance had to this area and it slightly moved, it has now shifted this area to 4.45, and if this area breaks, you can enter a position where your first target will be 4.40. 🔑 On the other hand, if the dominance starts to move upwards, you can confirm a short position with a break of 4.52, which in this case, the price can move up to 4.62. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
6
Next draw of liquidity: NzdUsd0.58083 is a weekly POI that have been respected before. I'm anticipating price to retest that zone again this week , hence anticipating the news (Existing Home Sales) by 10:00 New York time to push price to my point of interest and rejection kicks in. Therefore this weekly candle might close with a rejection of that zone and next week would be bearish till we clear this week low 0.56779 I'm anticipating price to also clear previous week low (the monthly low) 0.55164 by next month. Kindly boost if you find this insightful 🫴
Short
by HallowAdept
3
TradeCityPro | Bitcoin Daily Analysis #11👋 Welcome to TradeCityPro! In this analysis, as usual, I'll review the appropriate futures triggers for the New York session. 🔄 Yesterday, the market activated the long trigger and rose from the box's floor, so before delving into today’s analysis, I’ll also review this trigger for you. ⏳ 1-Hour Timeframe Yesterday, the trigger I had set at 964446 was activated and provided a very good position. The top line of the Expanding Triangle is also being broken, and the trigger for breaking this triangle will be at 97816. ⚡️ If, concurrently with the break of the triangle's upper line and the trigger of this triangle, volume also increases, we can say that bearish momentum has entered the market and the price might finally exit the range box it has formed. 🔼 The main trigger is the break of the box’s ceiling at 98482, and if this area is broken, we can confirm the price’s bullish trend. 📊 For a long position, the appropriate trigger seems to be breaking 97816, and I personally am waiting for this trigger. A break of 65.46 in the RSI would give me a momentum entry trigger. 📉 For a short position, we must first wait for the bullish momentum in the market to dissipate and wait for bearish momentum to arise and create a short trigger structure. Until then, the short triggers will be from 96446 to 95108. 📅 BTC.D Analysis Let’s move on to the analysis of Bitcoin dominance. Yesterday, dominance was ranging, and almost no difference was noted from the previous day, but I've adjusted the area from 61.10 to 61.04. If this area is broken, dominance could move downward toward 60.48. 🔑 For an increase in dominance, if 61.49 is broken, we can expect the upward trend to reach 62%. 📅 Total2 Analysis Moving on to Total2. Yesterday, the trigger at 1.21 was activated, and this index is moving upward. The next resistance that price could face is at 1.24, and if this resistance is broken, Total2 could move up to 1.28. Conversely, if Total2 moves downward again, the short trigger will be at 1.19. Keep an eye on Bitcoin dominance to decide whether to open positions on altcoins or Bitcoin. 📅 USDT.D Analysis Let’s discuss Tether dominance. In this chart, our trigger from yesterday, 4.55, was activated like Total2, and this area was broken. Currently, the next support for Tether dominance is at 4.46. If 4.46 is broken, the next area will be 4.40, and for confirming a long position, you can use the break of these supports. Conversely, for a short position, if 4.62 is broken, Tether dominance will increase, indicating that the market will be bearish. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
8
TradeCityPro | Bitcoin Daily Analysis #10👋 Welcome to TradeCityPro! Let's analyze Bitcoin and key crypto indices, focusing on the suitable futures triggers for today's New York session. Yesterday, we could have opened both short and long positions, which would have been profitable. ⏳ 1-Hour Timeframe Before starting today's analysis, let's review the triggers from yesterday and see which ones were activated. The 95108 trigger, which we've been waiting for a break, was finally breached yesterday, and I personally took a position in a shorter timeframe, achieving a risk to reward ratio of 3. However, the hourly timeframe didn't provide a very accurate position, and if you hadn't moved to a shorter timeframe, you probably would have missed this move. 📣 I've also adjusted the lower line of the Expanding Triangle because, as you see, yesterday's downward movement continued down to 93899, and with the new line I drew, this area coincides with the bottom of the triangle, and overlapping these two areas, the price has moved upwards, effectively invalidating the entire downward move. 🔍 But the point is that with this change, we can say the Expanding Triangle no longer exists, and the price is more moving in a descending channel. I tried to draw the channel using the parallel channel tool, but it didn't turn out well, so the two trend lines I've drawn now seem to be the best possible arrangement. 🔄 This morning, if you were following along and looking to open a long position, you could have done so with a fake breakout and pullback to this area, which would have also yielded a good profit if opened in shorter timeframes. 🧩 As for today's triggers, we have 96382 for long positions, which the price is very close to, and it's possible that by the time I publish this analysis, this trigger might have been broken. If this trigger has been broken at the time of publishing this analysis, the next triggers will be 97816 and 98482. 🔽 For short positions, the 95108 area still seems appropriate to me. The price has pulled back to this area this morning, and if it returns to this area again, it could be a good trigger for a short position. On the other hand, the RSI has also crossed the 55.79 area, which could be a good confirmation for a long position, and we currently have RSI confirmation for upward momentum. 💥 If the RSI can activate its triggers, we can make the most of the upward momentum that has entered the market. The reason I'm using the RSI today, unlike previous days, is that a strong downward momentum entered yesterday, causing the price to fall to 93899. ⚡️ Now, upward momentum has entered, reversing this downward movement and returning above the 95108 support. This means the market's momentum has reversed, and the long momentum trigger has also been activated. 📅 BTC.D Analysis Bitcoin's dominance reacted very well to the areas we identified yesterday and has formed a range box between 61.10 and 61.49. Currently, dominance is at the bottom of the box, and if it breaks 61.10 along with activating the long trigger, opening a long position on altcoins will be better than on Bitcoin. For long positions on altcoins in Total2, I will specify the triggers you can use. ✅ However, if at the same time the long trigger is activated, the 61.49 area is also broken, Bitcoin itself will be better for longs than altcoins. If the market turns short and Bitcoin dominance falls, Bitcoin itself will perform better than altcoins, and the downward target for Bitcoin dominance remains 60.48, while if 61.49 is broken, the upward target will be 62%. 📅 Total2 Analysis Let's look at the Total2 analysis. Yesterday, the short trigger for Total2 was activated, and since Bitcoin dominance was also increasing simultaneously with this drop, a short position on altcoins would have offered better returns. For example, the coin GRT would have given a better entry than Bitcoin. 🔑 But today, the trigger we have for Total2 for longs was 1.21, which has already been breached, and the price has closed above this area. However, if you want to hold a long position on altcoins, if the price pulls back to this area, you can open a long position. 🔼 I recommend that if Bitcoin dominance increases, ignore Total2 and open a long position on Bitcoin. But if dominance starts to fall, try to open a long position on altcoins during a pullback or whatever other setup you know to open positions. ✨ For short positions, the 1.19 area is still very suitable, and like Bitcoin, Total2 has also pulled back to this area, showing it is still important and valid. 👀 Note that as long as Total2 is between the 1.1 to 1.28 box, all positions you open in the market are considered risky, and you should quickly secure profits and focus on low risk-to-reward ratios like two or three. Don't leave positions open hoping for higher risk-to-reward ratios, as this could cause you to lose the profits you have. 📅 USDT.D Analysis Let's move on to the USDT.D analysis. This index broke the 4.62 area we had marked as a target, but it was a fakeout, and now it seems downward momentum has entered. The trigger for this index was 4.55, like Total2, this trigger has been activated, and the next trigger I see now is 4.46. 💫Again, if you get a suitable confirmation from Bitcoin dominance, try to have long positions on altcoins in the pullback of Total2 and USDT.D to the areas they've broken. If Total2 starts to fall and USDT.D breaks the 4.62 area, it's a very good trigger for short positions, and depending on Bitcoin's dominance, you can choose the appropriate coin to open positions on. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
5
GOLD - Potential Selling Opportunity to 2,912?OANDA:XAUUSD is currently at a clear resistance level that has acted as a zone for bullish momentum. This could signal a potential selling opportunity. If bearish signals, such as rejection wicks or bearish candlestick patterns, emerge, I expect a move toward 2,912 . On the other hand, a breakout above this resistance could weaken the bearish outlook. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck
PEPPERSTONE:XAUUSDShort
by TrendDiva
7
EURNZD - Buy Setup at Clear ZoneOANDA:EURNZD is approaching a clear support zone, marked by prior bullish reactions and buyer interest. This zone has consistently reversed bearish trends in the past, making it an interesting area to watch. If buyers step in and confirm the support with bullish price action, such as long lower wicks or bullish engulfing patterns, I anticipate a move upward toward 1,83500. But if a break below this zone occurs, it could signal increased selling pressure and invalidate the bullish outlook. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Long
by TrendDiva
4
TradeCityPro | Bitcoin Daily Analysis #9👋 Welcome to TradeCityPro! Let's dive into today's Bitcoin and key crypto indices analysis. We'll review today's triggers for the New York session. ⏳ 1-Hour Timeframe Hourly Time Frame The triggers I provided yesterday remain unchanged and none have been activated yet. I've slightly modified the long trigger, but the short trigger remains the same as yesterday. Let's review these triggers. 🔽 For short positions, the 95108 area is still excellent and a very strong zone. The candle from three hours ago reacted well to this area, so if it breaks, I personally will attempt to open a short position targeting the bottom of the Expanding Triangle or 92702. The market volume, as you see, is decreasing, which doesn't strongly signify trend strength. 📊 As you know, during the initial drop when the price approached the 95108 area, there was an upward volume, but currently, as the price is falling, the volume is decreasing, indicating a weakness in sellers' strength and potentially the trend. However, I will still open a position if 95108 breaks, and if the declining volume persists, I'll reduce the risk of the position and enter with less capital. ⚡️ For long positions, we have a new trigger at 96849, which reacted very well yesterday with a large engulfing candle that engulfed all of the previous day's candles, injecting significant momentum into the market. Therefore, open a very risky long position if 96849 breaks. 👀 Keep in mind, the main long position will be after the Expanding Triangle breaks, and one of the triggers 97816 or 98482, with the first being riskier and the second more secure. 📅 BTC.D Analysis BTC Dominance Analysis Let's move to the analysis of Bitcoin dominance. In yesterday's analysis, I mentioned that if dominance could stabilize above the 60.95 area, it could ascend and move higher. This has occurred, and in addition to breaking 60.95, the 61.10 area has also been breached, and currently, it seems dominance is pulling back to this area. ✨ As you can see, before this, the 60.48 area, which confirmed the dominance's downward trend, was also active, but it couldn't stabilize the price below this area, and with an engulfing candle, it moved back up, initiating this upward move. 💥 Currently, the next resistance for Bitcoin dominance is at 61.49, and we need to see if the price reaches this area and how it reacts. 📅 Total2 Analysis Total2 Analysis As you can see in the Total2, we have a very long-term range box from 1.16 to 1.28. ✅ Yesterday's triggers for Total2 were activated, and both 1.24 and 1.23 were broken, which, with the increase in Bitcoin dominance, means that altcoins have provided more profit in short positions compared to Bitcoin. 🔑 Currently, the next trigger for Total2 is 1.19, and we need to see if it can break this support. For long positions, we don't have a specific trigger yet and must wait for the price to form a new structure to see which area it reacts to. Until then, the main short long trigger will remain at 1.28. 📅 USDT.D Analysis USDT Dominance Analysis As observed in the Tether dominance chart, I mentioned yesterday that if the descending trendline is broken, we can expect an increase in Bitcoin Tether dominance up to a ceiling of 4.62, which has occurred. 🛎 If the 4.62 area breaks, the next target will be the 4.75 area, a significant ceiling in Tether dominance. Conversely, if dominance is rejected from this area and moves downward, the 4.48 area will still be a suitable trigger for a downward trend in Bitcoin dominance, with the main support for Tether dominance at 4.40. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
by tradecitypro
8