PENGUUSDT - strong signal to buy!PENGU is giving a very strong buy signal on the 3-day timeframe.
The main trend has been bearish for almost a full year, and this is the first time the coin shows a solid signal of a trend reversal — the red trendline has been broken, and the previous high (marked on the chart) has been taken out.
Breaking the trendline with a massive green candle is a strong confirmation for buyers' momentum in this area.
Taking out the high indicates a shift from a downtrend to an uptrend.
It’s crucial that the blue line (the broken high) does not get lost to the downside.
Best regards Ceciliones 🎯
Cryptomarket
Long setup on AAVE📈 Funding rate is rebounding strongly → bullish sentiment returning, no overheating signs.
📊 Open Interest is rising again after a flush → healthy new market engagement.
⚖️ Top Traders Long/Short Ratio around 1.9 → slightly bullish but still neutral, no extreme greed.
🛒 Spot CVD shows a strong rebound → real spot buyers stepping in (very bullish).
📉 Futures CVD starts recovering slowly → futures are expected to follow the spot trend.
🔥 Kingfisher Data shows heavy short positioning → potential for a powerful short squeeze.
Conclusion:
✅ Confirmed entry after alignment across Open Interest, CVD, Funding, and Long/Short Ratio.
✅ Monitoring Open Interest and CVD for squeeze confirmation.
✅ Managing the position with a tight stop below local structure to minimize risk.
Market overview
📈 WHAT HAPPENED?
Last week, we saw an upward breakout from the consolidation phase, leading to a strong, nearly pullback-free long movement. By the end of the week, Bitcoin reached a long-term resistance level, where the momentum stalled, followed by a slight correction.
Currently, we observe weakening buying pressure, with diminishing higher highs. At the same time, there is a significant amount of market sales visible in cumulative delta, which have not resulted in any major moves. The market is in equilibrium, possibly preparing for the next impulse.
💼 WHAT WILL HAPPEN: OR NOT?
In the near term, we expect a retest of the current highs with potential false breakouts. After that, a resumption of selling pressure is possible. We will consider continuing long positions only after testing the nearest support levels.
Sell Zones:
$95,000–$96,700 (accumulated volumes)
$97,500–$98,400 (aggressive pushing volumes)
$107,000–$109,000 (volume anomalies)
Buy Zones:
$91,500–$90,000 (strong buying imbalance)
$88,100–$87,000 (market sell absorption)
$85,500–$84,000 (accumulated volumes)
$82,700–$81,400 (high volume area)
Level at $74,800
$69,000–$60,600 (accumulated volumes)
📰 IMPORTANT DATES
Macroeconomic events this week:
• April 29, Tuesday, 14:00 (UTC) — release of the US Consumer Confidence Index for April;
• April 29, Tuesday, 14:00 (UTC) — release of US JOLTS (Job Openings) data for March;
• April 30, Wednesday, 01:30 (UTC) — release of China’s Manufacturing PMI for April;
• April 30, Wednesday, 08:00 (UTC) — release of Germany’s GDP for Q1 2025;
• April 30, Wednesday, 12:00 (UTC) — release of Germany’s Consumer Price Index (CPI) for April;
• April 30, Wednesday, 12:15 (UTC) — release of US ADP Nonfarm Employment Change for April;
• April 30, Wednesday, 12:30 (UTC) — release of US GDP for Q1 2025;
• April 30, Wednesday, 14:00 (UTC) — release of US Core PCE Price Index for March, along with year-over-year comparison;
• May 1, Thursday, 03:00 (UTC) — release of Japan’s Interest Rate Decision;
• May 1, Thursday, 12:30 (UTC) — release of US Initial Jobless Claims;
• May 1, Thursday, 13:45 (UTC) — release of US Manufacturing PMI for April;
• May 1, Thursday, 14:00 (UTC) — release of US ISM Manufacturing PMI for April;
• May 2, Friday, 09:00 (UTC) — release of Eurozone Consumer Price Index (CPI) for April;
• May 2, Friday, 12:30 (UTC) — release of US Average Hourly Earnings, Nonfarm Payrolls, and Unemployment Rate for April.
*This post is not a financial recommendation. Make decisions based on your own experience.
#analytics
TradeCityPro | Bitcoin Daily Analysis #75👋 Welcome to TradeCity Pro!
Let’s move on to Bitcoin and major crypto index analysis. As usual, in this analysis, I want to review the triggers for the New York futures session for you.
🔄 Yesterday's Analysis
In yesterday's analysis, I told you that if the price stabilizes below 93626, I expect a correction down to 91945.
However, this didn’t happen and the price faked below this area and moved back up, and now its trigger has been activated.
Let’s move on to today’s analysis to see what triggers are suitable for today.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as I said, the price faked downwards and moved up again, activating the first trigger at 94421.
The 94421 trigger was a preliminary trigger for the breakout of 95306, so if you opened this position, I suggest you wait to see if the price breaks the 95306 resistance or not.
✔️ The main trigger for a long position is still the breakout of 95306, which can start the next bullish leg for Bitcoin.
If you plan to open a position upon the breakout of this area, pay attention to the volume, and if volume increases at the same time, I suggest you definitely have a position.
💥 In the RSI oscillator, as you can see, the divergence we had in the previous bullish leg has been activated, and we can see its effect in the market, and now a new structure is forming, getting close to the Overbuy area.
⚡️ If RSI enters Overbuy and the 95306 resistance is broken, we could see a sharp and fast move toward the 98828 resistance.
📉 For a short position and for Bitcoin’s trend to turn bearish, yesterday I told you we have a risky trigger at the break of 93626, but I personally wouldn’t open a position with this trigger because it’s risky and I prefer to wait for a confirmed trend change.
🔍 Currently, the trigger I have for a trend change in Bitcoin is the break of 91945 and forming a lower high and lower low below this level. Otherwise, we should wait to see if a new structure for a trend change forms in the coming days.
👑 BTC.D Analysis
Let’s move on to Bitcoin Dominance analysis.
As you can see, Dominance has finally exited the range it had formed between 64.19 and 64.41, breaking 64.19 and moving downward.
🧩 If this decline continues, the next major support area for Dominance is 63.67, and Dominance could fall to this level.
If this happens simultaneously with Bitcoin’s rise, altcoins could experience a lot of sharp bullish moves.
📅 Total2 Analysis
Let’s move on to Total2 analysis.
As you can see, this index also faked the floor it had formed, and this fake breakout has brought bullish momentum into the market, and now it has managed to stabilize above 1.05.
⭐ The reason Bitcoin is still struggling with its resistance and hasn’t broken it yet is because Bitcoin Dominance is decreasing, causing Bitcoin to move upward slower than Total2.
📊 Currently, the next resistance for Total2 is the 1.07 area, and the probability of the price reaching this level is high.
If this bullish move gets faked, breaking 1.03 will be a good short trigger.
📅 USDT.D Analysis
Let’s move on to Tether Dominance analysis.
I believe the market is still waiting for Tether Dominance to move out of the range box formed between 4.99 and 5.14.
🚀 If the 4.99 level is broken, it can confirm that the market is turning bullish.
I think this trigger could start Bitcoin’s move toward a new ATH.
🎲 If 5.14 is broken instead, we can confirm the end of the bullish trend that the market has had in recent days.
❌ 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.
AI16Z Breakout Confirmed – Eyes on $1.15 Target$AI16Z has successfully broken above a key descending resistance line, signaling a potential major trend reversal after a prolonged downtrend.
After the breakout, the price is now testing a minor resistance zone. Holding above this zone could open the door for a strong upside move toward the next higher targets (highlighted in blue).
The structure looks bullish as long as price stays above the minor resistance area.
DYOR, NFA
Bearish drop off pullback resistance?Ethereum (ETH/USD) is reacting off the pivot and could drop to the 1st support.
Pivot: 1,808.27
1st Support: 1,451.43
1st Resistance: 2,102.09
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bearish reversal?The Bitcoin (BTC/USD) is reacting off the pivot and could drop to the 1st support.
Pivot: 94,852.52
1st Support: 88,147.57
1st Resistance: 106.444.58
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bitcoin Bullish for ShortermBitcoin currently trade around $93,911 having broken resitance above $88,000-$89,000 zone. The breakout, supported by strong volume, positions Bitcoin favorably for further gains, although a short-term pullback appears likely.
Technical indicators remain bullish:
Price holds above the 21-EMA and 30-SMA, both beginning to slope upward.
Quarterly VWAP levels at $89,485 and $84,484 provide strong support.
The Volume Profile suggests heavy buyer interest around $84,000–$86,000.
A minor retracement toward $88,000–$89,000 could precede a consolidation phase before Bitcoin targets $96,000 and eventually the psychological $100,000 mark.
Bitcoin remains in a strong position. Tactical patience and disciplined risk management will be key to capitalizing on the next major move.
OTHERS/BTCUSD: The Ultimate Indicator for Altcoin SeasonsHey TradingView community! I’ve been analyzing the OTHERS/BTCUSD metric, and it’s painting an exciting picture for altcoin traders. This chart might just be the key to timing the next big altcoin rally — let’s break it down!
What is OTHERS/BTCUSD?
This metric calculates the total altcoin market cap (excluding Bitcoin) divided by BTC/USD. It shows how altcoins perform relative to Bitcoin.
High Metric : Altcoins are outperforming Bitcoin — think altcoin season!
Low Metric : Bitcoin dominance takes over, and altcoins take a backseat.
Historical Patterns: Falling Wedges Stealing the Show
The OTHERS/BTC Weekly chart reveals three Falling Wedge patterns, a bullish setup that’s historically preceded massive altcoin bull runs:
1st Altseason (2017-2018) : A Falling Wedge formed in 2016 (prior pink zone). The breakout unleashed a legendary altcoin rally — remember Ethereum and Ripple going parabolic?!
2nd Altseason (2020-2022) : Another wedge in 2018-2019 (blue zone) led to the 2021 altcoin boom, with projects like Solana and DeFi tokens soaring as the metric hit 10M.
3rd Falling Wedge (2022-Now) : Since 2022, a new wedge is forming (green zone), resurfacing the setups that sparked the last two altseasons.
Current Setup: A Critical Support Zone
As of April 27, 2025, the metric is approaching a key support zone of 2M-1.5M (where the altcoin market cap equals 1.5M to 2M Bitcoins).
Historical Significance : This level has been a launchpad in the past — both in 2016 and 2019, it marked the bottom before altcoins reversed and surged.
What’s Next : If this wedge breaks out, the metric could climb to 7M, 9M, or even 11.5M by 2025-2027. That could mean 5-10x gains from bottom for altcoins, depending on the pair!
A sinusoidal wave at the bottom of the chart — it reflect market sentiment cycles, with troughs (like now) often preceding altcoin season greed phases.
Why This Metric Matters
OTHERS/BTCUSD captures the flow of capital in crypto:
Bitcoin often leads bull cycles, pulling in capital first (metric drops).
When BTC’s rally cools, investors chase higher returns in altcoins (metric rises).
The Falling Wedges highlight this cycle — consolidation during Bitcoin dominance, followed by breakouts when altcoins take the spotlight.
Trading Takeaway
Monitor the 2M-1.5M Zone : A breakout here could be your green light to stack altcoins.
Cross-Check Bitcoin Dominance : A drop in BTC.D (Bitcoin Dominance) would confirm capital flowing into altcoins.
Pick Strong Projects : Look for altcoins with solid fundamentals — layer-1s, DeFi, or AI tokens could lead the charge.
What’s your take, TradingView fam? Are you gearing up for the next altseason?
Drop your favorite altcoin picks or charts in the comments — I’d love to hear your thoughts!
BTC Weekly Analysis – Potential Retracement & Next TargetsAnalysis & Thought Process:
Bitcoin is currently at a critical juncture on the weekly timeframe. Having observed recent bullish momentum, the price now faces resistance around the 95,900–96,700 range. If BTC manages to clearly reverse from this resistance area, it could propel upwards to test psychological resistance at the significant 100K level within the coming days.
However, careful analysis indicates the presence of a Fair Value Gap (FVG) between 89–90K. Such imbalances in price action typically attract price retracements to achieve market efficiency. Thus, I anticipate a correction back down to the 89–90K area, which would represent an ideal zone to consider a long swing position.
Trade Idea:
Short-term bearish scenario: Look to short from current resistance levels (around 95,900–96,700) targeting the 89–90K FVG area.
Long swing setup: If BTC retraces and holds the 89–90K region, it presents an attractive area for swing long entries aiming back towards and beyond current resistance areas.
PLAN NOT VALID IF
If the price fails to hold 89K, the next logical areas to watch for support are lower down at the 82–78K range, followed by a deeper pullback potentially extending towards 74K.
Profit Targets & Stop Losses:
Short trade: Entry around 95,900–96,700, profit target at 89–90K, stop loss set slightly above the resistance (e.g., 97.5K).
Long trade: Entry at 89–90K, profit targets initially back to 96–100K. Stop loss placed just below the 88K area.
This analysis is for informational purposes only and does not constitute financial advice. Please perform your own due analyse before entering any trades.
BTC- crash is coming? Most likely no)In its best traditions, bitcoin in one impulse reached the monthly target 95000, which I wrote about
The probability of a correction to set a higher low in the equilibrium area of the range is increasing.
Probably in May the crypto market will have to pass the last stability test, in case of success we will get excellent opportunities for spot and speculative positions before the next cyclical growth spiral.
For now have to wait for weekly open but there are 2 options:
pump till PWH and then move on correction
slow bleeding till 0.5 or mb till 83k in worst case and then pump to ATH
What if I show you Bitcoin is at end of 1st cycle only ?
The Chart above involves TWO things we may need to pay attention to.
There is so much involved in this and I could go on for hours because, for me, this opens the door to so many things for Bitcoin.
And I am now looking at this past 14 years as the "Beginnings".
And we need to wait and see Where we go next before we label that
So..
What do we have here.
The ARC of Resistance. - I have talked about this before. Simply put, PA on every ATH since 2011 has been rejected by the same line / Arc - This needs no more than the Arc on a chart to see...
It is as simple as that.
Beneath this, we have that Dashed line of Support that has Never been Broken. Created off a High in 2011, it got retested as support in 2015 and not again until 2023.
Between these two points, you will notice how that Arc of resistance was at its furthest points from the line of support below.
It is like the Beginning and End of a sequence.......
The next thing we have is a Very interesting thing called the Trend-Based FIB Time.
It is important to understand what this is, So ;-
Trend-Based Fib Time is a technical analysis tool that uses the Fibonacci sequence to predict probable price corrections within an existing trend. It is represented by vertical lines at specific time intervals that show potential areas where a swing high, low, or reversal could occur. These intervals are based on the Fibonacci sequence and are not concerned with price levels but rather with time. The tool helps traders identify how far a wave is likely to travel in the trend.
Note what is in Bold there.
And then look at the chart..It clearly shows us, where PA touched that line of support twice, the Cycle / Wave. The RED zones. And between these was the Trend. The over all Gain in price, over Time.
We have 3 Waves in total. The 3 ATH to ATH from 2017 to now
To further support this idea, see how PA did not come down to the Line of support between the 2017 - > 2021 ATH's
That was MID CYCLE - Strength
And so now, while we all wait for the next push up, I want to show you a zoomed, Daily version of this chart
The Current ATH we have was absolutely on the day of the END of this Fib Time cycle.
I promise you I did not "Adjust this to suit." That was the genuine result.
And I was Stunned.
And more than that, This image also very clearly shows us that Time and Room is running out for PA.
It faces the strongest lines of Support and resistance it has ever faced and these lines reach an apex in Dec.....
PA ALWAYS REACTS BEFORE THE APEX
So, What is Next ?
The chances of Bitcoin crashing to the Floor are highly unlikely unless all the corporations that have been buying BTC, decide to sell them all at the same time.
This IS a possibility ONLY if they are working with the TradFi banking organisations, that tried to Crash BTC in 2022 / 2023
OK OK, that involves ridiculous amounts of Losses for many ..so..NO
BUT PA IS GETTING SQUEEZED
And so we wait....and Wait till we see Bitcoin PA break out, Enter a Brand New Trend..a Long Term Cycle.....and we may call it Adulthood.....
Or, we will have a Story to tell our Grandchildren about a Dream of breaking Free of Banking that Came Oh so Close
I cannot wait to see what happens Next - and I am HODL
PEPE Building Momentum – Eyes on 100 EMA BreakoutCRYPTOCAP:PEPE is respecting a rising trendline beautifully, with multiple successful touches (highlighted in yellow), showing strong underlying support.
The price recently bounced again from this trendline, right above a key horizontal support zone. Additionally, the MACD indicator is turning positive, suggesting growing bullish momentum.
Currently, PEPE is approaching the 100 EMA resistance. A clean breakout above the 100 EMA could open the path toward the key resistance zone above.
DYOR, NFA
TRUMP COIN BUY...Hello friends
Given the price growth we had, the price correction has now managed to make good bottoms, which indicates the strength of the trend, so we can enter the trade.
The purchase and target points have also been identified...
Follow capital management.
*Trade safely with us*
TradeCityPro | Bitcoin Daily Analysis #74👋 Welcome to TradeCity Pro!
Let's move on to Bitcoin and major crypto index analysis. As usual in this analysis, I want to review the triggers for the New York futures session for you.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, after the price was rejected from the 95306 area, it formed a short-term box between 93898 and 95306, and currently, the price is moving out of this box.
✔️ As you can see, after a large red candle and a second rejection from 95306, a lot of bearish momentum and selling volume entered the market, and now the price has broken the 93898 support. If the price stabilizes below this level, there is a possibility of a deeper correction down to 91945.
💥 The SMA99 indicator overlaps with the 93989 area, and if this PRZ (Potential Reversal Zone) formed by the price is broken, the probability of a further drop will increase.
⚡️ The RSI oscillator has also activated its divergence, and now we are seeing the effect of this divergence in the market. For a short position, if the 93898 area is broken, we can enter.
📈 For a long position, if the 93898 area gets faked out, we can enter a long with a fake breakout trigger in lower timeframes. The main trigger for a long is the break of 95306.
👑 BTC.D Analysis
Let's move on to Bitcoin Dominance. There is still a ranging box between 64.19 and 61.60, and the price is fluctuating between these two levels.
✨ Currently, confirmation for bullishness comes with a break of 64.60 or 64.41, and bearish confirmation comes with a break of 64.19.
📅 Total2 Analysis
Moving on to Total2, a ranging box has formed in this index between 1.03 and 1.05. These areas are suitable triggers for opening positions.
🧩 For a long position, a break of 1.05 could start the next bullish leg, with a target of 1.07.
🔽 For a short position, with a break of 1.03, the price could make a corrective move.
📅 USDT.D Analysis
Moving on to Tether Dominance, it is still struggling with the 4.99 support area and hasn't been able to stabilize below it.
📊 As long as this support holds, the next bullish leg in the market will not start. On the other hand, as long as dominance is below 5.14, the market trend remains 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.
SUIUSDT - Don't wait for pullback!SUI is the star of this season — on the 3-day chart, it just broke out of a falling wedge pattern with a massive green candle.
The price also reacted strongly to the 0.618 Fibonacci level, indicating there’s still plenty of upside potential ahead.
Don’t wait for pullbacks — coins like this rarely give clear entry opportunities, and any correction is usually very shallow.
It’s either you buy now, or regret it later.
Best regards Ceciliones 🎯
DOUBLE BOTTOM PATTERN 🚨 DRIFT Forming Bullish Double Bottom Pattern 🚨
DRIFT is forming a bullish double bottom pattern and is approaching a key red resistance zone. A breakout above this level could signal a strong bullish move.
📈 Technical Overview:
Pattern: Bullish Double Bottom
Resistance Zone: Red area currently being tested.