👋 Welcome to TradeCity Pro!
Let’s move on to the analysis of Bitcoin and key crypto indicators. In this analysis, as usual, I want to review the New York futures session triggers for you.
✔️ Yesterday, the price was rejected from the 85,550 area, and today could be a sensitive and important day for the market.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, I mentioned yesterday that the 85,126 trigger had been activated and if the price pulled back to this area and broke above 85,550, we could witness a bullish move and the start of an upward wave. But that didn’t happen—the price was rejected from the 85,550 high and started moving downward.
👀 Currently, with the price stabilizing below the 85,126 area, selling volume has entered the market, and the price is moving down. The last candle closed below the 84,363 area, and the RSI has entered the oversold zone. If the move continues, the price could experience a bearish leg and move down to 83,233.
🔽 In that case, a break below the 83,233 area could be a good short position trigger, as it would give us confirmation of a trend reversal. But if the move doesn’t continue, this level could turn out to be a fake-out, and the price might head back toward the 85,550 high.
🎲 So today, you can enter a short position with a break of 83,233, and a long position with a break of 85,550. Pay attention to volume and RSI, as they can provide many confirmations for the next price trend.
👑 BTC.D Analysis
Let’s look at Bitcoin dominance. Yesterday, dominance dropped another leg and broke the 63.76 low, but now it has returned to this area and is stabilizing above it.
📈 For a bullish confirmation, dominance needs to stabilize above the 64.12 area, and for a bearish one, it needs to stabilize below 63.12.
📅 Total2 Analysis
Now for the Total2 analysis. This index was rejected from the 965 area yesterday and is now stabilizing below 954. If the bearish momentum continues, the next support level that could hold the price is 932.
🔼 To turn bullish, a break above 965 is required, with the main trigger being 980.
📅 USDT.D Analysis
Let’s look at Tether dominance. Yesterday, it made an upward move and was supported at the 5.44 level. It has now reached 5.52.
✨ If 5.52 is broken, we’ll have confirmation of a bullish trend in dominance. If 5.44 is broken instead, we could anticipate a bearish move and potentially a break of 5.39.
❌ 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 indicators. In this analysis, as usual, I want to review the New York futures session triggers for you.
✔️ Yesterday, the price was rejected from the 85,550 area, and today could be a sensitive and important day for the market.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, I mentioned yesterday that the 85,126 trigger had been activated and if the price pulled back to this area and broke above 85,550, we could witness a bullish move and the start of an upward wave. But that didn’t happen—the price was rejected from the 85,550 high and started moving downward.
👀 Currently, with the price stabilizing below the 85,126 area, selling volume has entered the market, and the price is moving down. The last candle closed below the 84,363 area, and the RSI has entered the oversold zone. If the move continues, the price could experience a bearish leg and move down to 83,233.
🔽 In that case, a break below the 83,233 area could be a good short position trigger, as it would give us confirmation of a trend reversal. But if the move doesn’t continue, this level could turn out to be a fake-out, and the price might head back toward the 85,550 high.
🎲 So today, you can enter a short position with a break of 83,233, and a long position with a break of 85,550. Pay attention to volume and RSI, as they can provide many confirmations for the next price trend.
👑 BTC.D Analysis
Let’s look at Bitcoin dominance. Yesterday, dominance dropped another leg and broke the 63.76 low, but now it has returned to this area and is stabilizing above it.
📈 For a bullish confirmation, dominance needs to stabilize above the 64.12 area, and for a bearish one, it needs to stabilize below 63.12.
📅 Total2 Analysis
Now for the Total2 analysis. This index was rejected from the 965 area yesterday and is now stabilizing below 954. If the bearish momentum continues, the next support level that could hold the price is 932.
🔼 To turn bullish, a break above 965 is required, with the main trigger being 980.
📅 USDT.D Analysis
Let’s look at Tether dominance. Yesterday, it made an upward move and was supported at the 5.44 level. It has now reached 5.52.
✨ If 5.52 is broken, we’ll have confirmation of a bullish trend in dominance. If 5.44 is broken instead, we could anticipate a bearish move and potentially a break of 5.39.
❌ 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.
💥 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.
💥 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.