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Let’s go over the Bitcoin and major crypto index analysis. As usual, I’ll cover the key futures session triggers for New York.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, Bitcoin is still trading below the 111817 level and has formed a support at 110455 after multiple rejections from that resistance.
✔️ If this 110455 level breaks, we could see a deeper pullback toward 109195, and potentially even down to 106422.
✨ The RSI oscillator is currently sitting at the 50 support level again. If RSI breaks below 50, it would indicate a weakening bullish momentum and increase the likelihood of a bearish scenario.
💥 However, if RSI holds above 50, it would confirm that buyers are still in control, and the probability of the uptrend continuing increases.
⚡️ The 111817 level remains a very clean and strong trigger for a long position. If price breaks this level, the market could make another leg up.
📊 Make sure to watch the volume closely. If buy volume starts to increase, a breakout above 111817 could offer a strong entry for those not already in a position.
👑 BTC.D Analysis
Bitcoin dominance broke below 63.76 yesterday, which helped altcoins rally, but it has since recovered and moved back above that level.
📈 For now, dominance is ranging between 63.76 and 64.30. A breakout from either side would confirm the direction of the next move.
📅 Total2 Analysis
Total2 was rejected from the 1.26 resistance and has now fallen below 1.23. If this downward move continues, the next support levels are at 1.18 and 1.15.
🔑 If price finds support here and moves back up to retest 1.26, a breakout from that level would be a fresh long trigger.
📅 USDT.D Analysis
Tether dominance found support at 4.38 and is now moving upward.
🧩 As long as it remains below 4.51, the overall market momentum is still considered bullish. But if it manages to stabilize above 4.51, the likelihood of a broader market correction increases.
❌ 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 go over the Bitcoin and major crypto index analysis. As usual, I’ll cover the key futures session triggers for New York.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, Bitcoin is still trading below the 111817 level and has formed a support at 110455 after multiple rejections from that resistance.
✔️ If this 110455 level breaks, we could see a deeper pullback toward 109195, and potentially even down to 106422.
✨ The RSI oscillator is currently sitting at the 50 support level again. If RSI breaks below 50, it would indicate a weakening bullish momentum and increase the likelihood of a bearish scenario.
💥 However, if RSI holds above 50, it would confirm that buyers are still in control, and the probability of the uptrend continuing increases.
⚡️ The 111817 level remains a very clean and strong trigger for a long position. If price breaks this level, the market could make another leg up.
📊 Make sure to watch the volume closely. If buy volume starts to increase, a breakout above 111817 could offer a strong entry for those not already in a position.
👑 BTC.D Analysis
Bitcoin dominance broke below 63.76 yesterday, which helped altcoins rally, but it has since recovered and moved back above that level.
📈 For now, dominance is ranging between 63.76 and 64.30. A breakout from either side would confirm the direction of the next move.
📅 Total2 Analysis
Total2 was rejected from the 1.26 resistance and has now fallen below 1.23. If this downward move continues, the next support levels are at 1.18 and 1.15.
🔑 If price finds support here and moves back up to retest 1.26, a breakout from that level would be a fresh long trigger.
📅 USDT.D Analysis
Tether dominance found support at 4.38 and is now moving upward.
🧩 As long as it remains below 4.51, the overall market momentum is still considered bullish. But if it manages to stabilize above 4.51, the likelihood of a broader market correction increases.
❌ 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.