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Let’s move on to the analysis of Bitcoin and key crypto indices. As usual, in this analysis I want to review the futures session triggers for New York.
⏳ 1-Hour Time Frame
Yesterday, the market continued to range within the same box and didn’t make any significant moves, but today we still have triggers and can open positions.
🔄 Yesterday I told you that after the fake breakout of the box top, strong bearish momentum could enter, increasing the likelihood of the box bottom breaking, and that we could enter a short position upon its break.
✔️ That’s exactly how it seemed—there was strong bearish momentum and the price tested the 83233 zone once. But it couldn’t break that area, and after a strong bearish candle, market volume dropped significantly, and the market became range-bound again, which still continues.
📈 Our key resistance remains the 85482 zone, and breaking this level could initiate the next bullish wave. So, we can enter a long position if this level breaks.
🔽 For a short position, the 83233 zone is still valid. As I mentioned, the price tested this level again yesterday, reinforcing its importance—so make sure to have a short position ready if this zone breaks.
👑 BTC.D Analysis
Let’s check Bitcoin Dominance. Today, dominance is in a corrective phase and has returned to the 63.87 zone and is retesting it.
💫 If this zone breaks and dominance continues its correction, we can consider dominance as bearish for now. But if dominance finds support here, it can continue its upward move and form a higher high.
📅 Total2 Analysis
Yesterday, the Total2 index had a fake breakout at the 932 zone, re-entered its box, and with the momentum that entered the market, moved upward. It has now broken the 947 zone and is retesting it.
🔍 If the price pulls back to this zone and is supported, it could start an uptrend and move toward 980.
💥 But if the price fails to stabilize above 947 and drops below it, we can confirm a bearish trend in Total2 with a break of 932 and open short positions on altcoins.
📅 USDT.D Analysis
Now for Tether Dominance: a small box has formed above the 5.39 zone, with the box bottom at 5.49 and the top at 5.59.
🎲 If the 5.49 zone breaks, we can confirm a bearish move in dominance down to 5.39. The main trigger for a bearish shift in dominance is the break of the 5.39 zone.
✨ For a bullish move in dominance, the 5.59 level is very important, and breaking it could begin a new upward trend for 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.
Let’s move on to the analysis of Bitcoin and key crypto indices. As usual, in this analysis I want to review the futures session triggers for New York.
⏳ 1-Hour Time Frame
Yesterday, the market continued to range within the same box and didn’t make any significant moves, but today we still have triggers and can open positions.
🔄 Yesterday I told you that after the fake breakout of the box top, strong bearish momentum could enter, increasing the likelihood of the box bottom breaking, and that we could enter a short position upon its break.
✔️ That’s exactly how it seemed—there was strong bearish momentum and the price tested the 83233 zone once. But it couldn’t break that area, and after a strong bearish candle, market volume dropped significantly, and the market became range-bound again, which still continues.
📈 Our key resistance remains the 85482 zone, and breaking this level could initiate the next bullish wave. So, we can enter a long position if this level breaks.
🔽 For a short position, the 83233 zone is still valid. As I mentioned, the price tested this level again yesterday, reinforcing its importance—so make sure to have a short position ready if this zone breaks.
👑 BTC.D Analysis
Let’s check Bitcoin Dominance. Today, dominance is in a corrective phase and has returned to the 63.87 zone and is retesting it.
💫 If this zone breaks and dominance continues its correction, we can consider dominance as bearish for now. But if dominance finds support here, it can continue its upward move and form a higher high.
📅 Total2 Analysis
Yesterday, the Total2 index had a fake breakout at the 932 zone, re-entered its box, and with the momentum that entered the market, moved upward. It has now broken the 947 zone and is retesting it.
🔍 If the price pulls back to this zone and is supported, it could start an uptrend and move toward 980.
💥 But if the price fails to stabilize above 947 and drops below it, we can confirm a bearish trend in Total2 with a break of 932 and open short positions on altcoins.
📅 USDT.D Analysis
Now for Tether Dominance: a small box has formed above the 5.39 zone, with the box bottom at 5.49 and the top at 5.59.
🎲 If the 5.49 zone breaks, we can confirm a bearish move in dominance down to 5.39. The main trigger for a bearish shift in dominance is the break of the 5.39 zone.
✨ For a bullish move in dominance, the 5.59 level is very important, and breaking it could begin a new upward trend for 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.
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🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Don’t Miss Out!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.