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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.
🔍 Yesterday, both of the long triggers I gave were activated, and the price moved upward. Today is also an important day, and we can look for both long and short positions.
⏳ 1-Hour Time Frame
In the 1-hour time frame, as you can see, our long triggers from yesterday — the 83899 and 84572 levels — were activated, and the price moved up to the 85552 zone.
✔️ If the position you opened had a small stop-loss, it likely already hit your target. But if you entered with a wider stop-loss, it probably hasn't reached the target yet, which is reasonable, as your position is longer-term.
⚡️ Now for today, as you can see, the price has broken its ascending trendline and it seems the trendline trigger is getting activated. If a candle closes below the 84382 level, the price is likely to move downward.
📊 The next support the price has is at 82813, and if this level breaks, we can say that the trend has changed and the price might head toward lower lows.
💥 The 50 level on the RSI is also significant, and if the break of 84382 coincides with a break below 50 on the RSI, strong bearish momentum could enter the market.
👑 BTC.D Analysis
Let’s look at Bitcoin Dominance. This index is in a range box between 63.23 and 63.80. There’s also a mid-range level at 63.51 — breaking it would give us temporary confirmation of a bullish move in dominance.
🔽 For bearish confirmation, breaking 63.23 would be suitable.
📅 Total2 Analysis
Now onto Total2: this index hasn't fully stabilized below its trendline yet and still shows slightly more bullish momentum compared to Bitcoin.
📉 For a short position, we have a 966 trigger, but it’s quite risky. Personally, I wouldn’t open my main position with this trigger — I’d wait for confirmation using Dow Theory with a lower high and lower low.
🔼 For a long position, the trigger is clear: we can enter if the 980 level breaks.
📅 USDT.D Analysis
Let’s check Tether Dominance. This index has made a bearish move and dropped to 5.39.
⭐ The next drop trigger is the same 5.39 level, which is a very good one. For a bullish scenario, we currently need to wait for a new structure to form.
❌ 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.
🔍 Yesterday, both of the long triggers I gave were activated, and the price moved upward. Today is also an important day, and we can look for both long and short positions.
⏳ 1-Hour Time Frame
In the 1-hour time frame, as you can see, our long triggers from yesterday — the 83899 and 84572 levels — were activated, and the price moved up to the 85552 zone.
✔️ If the position you opened had a small stop-loss, it likely already hit your target. But if you entered with a wider stop-loss, it probably hasn't reached the target yet, which is reasonable, as your position is longer-term.
⚡️ Now for today, as you can see, the price has broken its ascending trendline and it seems the trendline trigger is getting activated. If a candle closes below the 84382 level, the price is likely to move downward.
📊 The next support the price has is at 82813, and if this level breaks, we can say that the trend has changed and the price might head toward lower lows.
💥 The 50 level on the RSI is also significant, and if the break of 84382 coincides with a break below 50 on the RSI, strong bearish momentum could enter the market.
👑 BTC.D Analysis
Let’s look at Bitcoin Dominance. This index is in a range box between 63.23 and 63.80. There’s also a mid-range level at 63.51 — breaking it would give us temporary confirmation of a bullish move in dominance.
🔽 For bearish confirmation, breaking 63.23 would be suitable.
📅 Total2 Analysis
Now onto Total2: this index hasn't fully stabilized below its trendline yet and still shows slightly more bullish momentum compared to Bitcoin.
📉 For a short position, we have a 966 trigger, but it’s quite risky. Personally, I wouldn’t open my main position with this trigger — I’d wait for confirmation using Dow Theory with a lower high and lower low.
🔼 For a long position, the trigger is clear: we can enter if the 980 level breaks.
📅 USDT.D Analysis
Let’s check Tether Dominance. This index has made a bearish move and dropped to 5.39.
⭐ The next drop trigger is the same 5.39 level, which is a very good one. For a bullish scenario, we currently need to wait for a new structure to form.
❌ 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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🤵 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.
💥 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.