TradeCityPro | Bitcoin Daily Analysis #50👋 Welcome to TradeCity Pro
Let's move on to the 50th analysis of Bitcoin and key crypto indices in this analysis as usual I want to review the New York futures session triggers for you
🫶 Before starting the analysis I want to thank you for all the support you have given us along the way so that we could reach the 50th analysis I hope that the number of these analyses increases much more and that we are always with you and that you also benefit from the analyses❤️
⏳ 1-hour timeframe
Yesterday Bitcoin rose from the 82302 zone and moved upward finally forming a base after the sharp and deep decline it had and even managed to go above the 83808 zone
⚡️ I slightly adjusted this zone and moved it to 83510 because the price reacted better to this zone
💫 Currently, we are witnessing a rejection from the 84486 zone which has pushed the price back towards 83510 if selling volume increases the price may drop further
✔️ If the price goes below the 83510 zone again in lower timeframes and with the activation of the fake breakout trigger we can open a short-term short position the main trigger is in the 82302 zone
🔼 For a long position breaking 84486 is suitable and with this breakout, the price can start the next bullish leg the entry of RSI into Overbuy will also be a momentum confirmation and can cause us to see large bullish candles
👑 BTC.D Analysis
Moving on to Bitcoin dominance today dominance faced a rejection from 62.35 which could cause dominance to decline
💥 The trigger for confirming this rejection and the downtrend is in the 62.06 zone and breaking this zone could move the price towards the 61.81 and 61.63 zones
📈 Stabilization of dominance above 62.35 will also confirm the uptrend again
📅 Total2 Analysis
Moving on to the Total2 analysis yesterday the 1.01 trigger was activated and the price has also pulled back to it but today we have a trigger for both long and short positions
🔽 For a short position breaking 990 and for a long position breaking 1.02 can confirm opening positions on altcoins
📅 USDT.D Analysis
Moving on to USDT dominance a Head and Shoulders pattern has formed where the neckline in the 5.41 zone has also been broken and the price is pulling back to it
📉 If the price is rejected from the 5.41 zone we will confirm the activation of this pattern and with the break of 5.33 we can confirm the downtrend of dominance
⭐ For an uptrend in dominance breaking 5.41 and invalidating the pattern can be a suitable trigger
❌ 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.
Cryptomarket
A Closer Look at Bitcoin's Elliot Wave PatternHello friends, today we'll attempt to analyze the Bitcoin chart using Elliot Waves. Our approach will involve using Elliot Wave theory and structures, which involve multiple possibilities. The analysis we present here focuses on one potential scenario that seems possible to us.
Please note that this information is for educational purposes only and should not be considered trading advice or investment tips. There's a risk of being completely wrong, so never trade based solely on this post. We're not responsible for any profits or losses. Individuals should consult a financial advisor before making any trading or investment decisions.
Now, let's discuss the Bitcoin chart. On the daily chart, we can see that a black primary degree wave has completed its ((4th)) wave, and the ((5th)) wave has started. Within the fifth wave, an intermediate degree wave is unfolding, which will have its own set of waves (1), (2), (3), (4), (5). The primary black degree wave five will be complete once the intermediate degree wave is finished.
We've drawn accounts on the chart, illustrating the entire structure, including the nearest invalidation level at around $76,666 and the real invalidation level below $50,000.
I hope this analysis based on Elliot Wave theory has helped you understand the chart better and learn something new. Please keep in mind that this is for educational purposes only.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
TradeCityPro | INJUSDT Best Trade Setup of the Week?👋 Welcome to TradeCityPro Channel!
Let's analyze and review one of the most popular cryptocurrency coins, which is in a more favorable situation than the majority of altcoins together!
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
On the weekly time frame, I see that the seventh period is stable, inj, and compared to the majority of altcoins that have their own low price levels, it is in a better space and is engaged in its own supports!
After breaking the primary trend ceiling, namely 9.28, we experienced a sharp upward movement and formed a historical ceiling at $53, and after forming a distribution box and breaking the important floor of 16.20 and pulling back to it, we experienced a continued decline.
We have now reached support again, which was previously a very important resistance, and now, as a result, it is probably not lost, but the weekly candle is a very good and bearish candle! Don't forget to save your profit, your strategy booklet and your positions, otherwise you will have made a 450% move without adding anything to your capital!
📉 Daily Time Frame
On the daily time frame, our trend is completely bearish as you can see and the events are completely accompanied by the formation of a downward bottom and top, but we are likely to suffer for a while.
After getting rejected from 34.16 and forming a box between 20.16 and 25.93 and losing the bottom, it made a move and then while pulling back with low volume and the next conversion to red, it became an inverted Sharpe, we experienced a decline!
Currently, we are forming a box between 8.63 and 10.68, and for selling and short positions, you can do this by breaking 8.63, and for the trigger spot risk and buying, if you feel the price is good, it is better to wait for the trend to break and do the trigger at 10.68. Let it structure.
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
FXAN & Heikin Ashi TradeBINANCE:XRPUSD
In this video, I’ll be sharing my analysis of XRPUSD, using FXAN's proprietary algo indicators with my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
I’m always happy to receive any feedback.
Like, share and comment! ❤️
Thank you for watching my videos! 🙏
Bitcoin Monthly Candle close colour patterns since 2011We got the expected RED March close but it was a close thing.
but, this creates better Odds for a continued push to ATH.
We have had only 3 occasions when we had a Green Jan, Red Feb, Red March ( arrows)
2 of those went on to an ATH the following Year !
The other one was entering a Bear Market.
Of the previous 7 RED March Closes, 5 were followed by a Green April
And of those 5, 4 were followed by consecutive Green candles closes for the following Months.
As you can see, April, May and June do have more GREEN closes than Red on average but May and June is near 50/50
It could be said that March Candle close was a "Spinning Top", showing in-balance / indecision in the market. This is possibly driven by Macro events.
We had a similar situation in 2012 and April was Green, as were the following months.
We had 2 other occasions with small Red candle bodies in March, both were Hammer Candles, one inverted, that led to a red April, the other was not and let to a green April.
The March close we just had, had a Long Upper Wick. To me, this shows the BEARS had the upper hand, keeping driving down.
And thats OK, PA needed to reset but we now need a GREEN April
Statistically, April should close Green - We currently have a Score of 8 Green to 5 Red month closes for April.
April seems to have opened GREEN and I hope to see it close that colour though we do need Caution
Because of the Colour sequence over recent months, there are not many comparisons to use.
Cronos is on the move, Could we see it hit $1 soon?The chart is a weekly candlestick chart of CRONOS (CRO) against USD on TradingView, showing price action from late 2023 to a projected point in 2025. Let’s break down the key elements:
Price Movement and Trend:
CRONOS experienced a notable peak around mid-2024, reaching approximately $0.24000, followed by a sharp decline.
After the peak, the price entered a downtrend, forming a descending triangle pattern, which is typically bearish but can lead to a breakout in either direction.
The price has since stabilized in an "Accumulation Zone" between $0.07197 and $0.08925, with the current price at $0.08925 as of April 1, 2025.
Descending Triangle Pattern:
The descending triangle is defined by a downward-sloping resistance line (yellow) and a horizontal support line around $0.08925.
This pattern often signals a potential breakout. A break above the resistance could indicate a bullish reversal, while a break below support might lead to further downside.
The resistance line is currently around $0.13000 to $0.15000, based on the slope.
Accumulation Zone:
The price is in an "Accumulation Zone" between $0.07197 and $0.08925, suggesting that buyers are holding this level and potentially accumulating positions.
Multiple tests of this support level indicate strong buying interest, which could set the stage for a breakout if bullish momentum builds.
Target Projection (TG 1S):
The chart projects a target labeled "TG 1S" at $0.42000, a significant increase from the current price.
This target is likely based on the height of the descending triangle pattern added to the breakout point, a common technical analysis method.
However, reaching $1 (as requested) would require a much larger move, approximately an 11x increase from the current price of $0.08925.
Support and Resistance Levels:
Key support is at $0.07197, with the current price at $0.08925.
Resistance from the descending triangle is around $0.13000 to $0.15000, with a previous high at $0.17018.
A break above $0.17018 could open the door to higher levels, but reaching $1 would require sustained momentum and likely strong fundamental catalysts.
Historical Context and Feasibility of $1:
CRONOS reached an all-time high of around $0.96 in November 2021 during a crypto bull market, so $1 is within historical precedent.
However, the current market environment (as of April 2025) would need to see significant bullish momentum, possibly driven by broader crypto market trends, adoption of the Cronos ecosystem, or major developments in the Crypto.com platform (which CRONOS is tied to).
The $0.42000 target is a more immediate goal, but $1 would require an extraordinary rally, likely over a longer timeframe.
Timeframe:
The chart extends into mid-2025, and the $0.42000 target appears to be a medium-term projection.
Reaching $1 might take longer, potentially into late 2025 or beyond, depending on market conditions.
Bitcoin will reach $180,000 this yearBitcoin’s trajectory is unstoppable—analysts are calling for a climb to $180,000, fueled by institutional adoption, limited supply, and global economic uncertainty. With halving cycles tightening the squeeze and mainstream acceptance soaring, BTC isn’t just a store of value—it’s the financial revolution we’ve been waiting for. Buckle up, the bull run’s coming.
Gold (XAU/USD) Bullish Breakout – Next Targets in SightThis chart of XAU/USD on the 2-hour timeframe shows a strong bullish trend, characterized by break-of-structure (BOS) confirmations and accumulation phases. The price previously found support in an order block, leading to a breakout above key resistance levels. The market has continued to ma ke higher highs, with multiple accumulations fueling the uptrend.
Currently, gold is trading around 3,143 and appears to be targeting the 3,160–3,180 zone. A potential pullback or consolidation may occur before the next leg higher. The bullish momentum remains intact unless a strong reversal signal appears.
TP1: 3,160 (short-term target)
TP2: 3,180 (next resistance zone)
TP3: 3,200+ (if momentum continues)
Watch for a possible pullback before continuation, but as long as the structure holds, the trend remains bullish.
BTC is expected to hit 85000-86000 again, or even higherBTC has once again built a strong double bottom structural support in the 82000-81000 zone. BTC is likely to continue to rise. Once it breaks through the short-term resistance area near 83600, BTC may usher in a wave of accelerated rise and has the potential to continue to the 85000-86000 zone.
So we can still go long on BTC in the 82500-81500 zone. In addition, once BTC rises as expected, it is likely to grab the market share of gold, so it may also accelerate the decline of gold to a certain extent. This is a point we must be careful about next.
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XRP Weakens as Risk-Off Sentiment GrowsFundamentals:
XRP is under pressure as broader market sentiment turns negative. The cryptocurrency market continues to follow the Nasdaq, which is showing signs of weakness. With the index currently struggling, risk assets—including XRP—are seeing downside pressure. A stronger U.S. dollar is adding to the bearish outlook, weighing on both crypto and equities. Recent regulatory clarity on XRP failed to spark sustained gains, suggesting the news was already priced in.
Technicals:
Technical levels show that XRP is currently testing a key monthly support zone. If this level fails to hold, the next downside target could be around 1.5700. Bearish momentum is increasing, with sellers defending resistance zones aggressively. Volume patterns suggest that buyers are hesitant, leaving the market vulnerable to further declines. The RSI indicator is heading lower from previously overbought levels, indicating a potentially falling trend for now, reflecting growing bearish momentum. A break below the monthly support could accelerate selling pressure.
Traders should watch for confirmation with increased volume on a breakdown. If support holds, a short-term bounce could be possible, but broader sentiment remains weak. Macro factors such as interest rates and economic data will influence risk appetite. Bitcoin’s price action will also play a role in determining XRP’s next move. A reclaim of key resistance levels could shift sentiment, but for now, bears are in control. Traders should manage risk carefully, considering potential volatility. A retest of lower support zones could provide better long opportunities.
For now, caution is warranted as XRP remains under downside pressure.
TradeCityPro | Bitcoin Daily Analysis #49👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and key crypto indices. As usual, I will review the futures session triggers for the New York market.
⌛️ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, the downtrend continues, and yesterday the price dropped below 82,302, now reaching 81,520.
📊 Selling volume has increased in the market, and the SMA 25 has been tracking the price movement effectively in this cycle. Currently, as the price pulls back to 82,302, it is also testing the SMA 25, placing it in a critical zone.
🔽 For a short position, considering this pullback to the SMA 25, you can enter a trade if 81,520 breaks. The next support level in case of a further decline is 80,105.
📈 For a long position, we still need to wait for a proper trend reversal structure to form. There is no valid trigger for a long entry at this moment.
👑 BTC.D Analysis
Now, let’s analyze Bitcoin dominance. Yesterday, the ascending trendline was broken, but the trigger at 62.06 was not activated, leading to a bullish move instead.
⚡️ Currently, 62.30 has broken, and if this breakout holds, dominance could rise to 62.66.
💥 However, if the 62.30 breakout turns out to be a fakeout, a break below 62.06 would confirm a bearish trend reversal.
📅 Total2 Analysis
Moving on to Total2, yesterday the 0.984 support broke, but it now appears to be a fakeout, as the price is stabilizing back above this level.
💫 For a short position, confirmation will come if the price closes below 0.984. If that happens, the next downside target would be 0.953.
🔼 For a long position, a break above 1.01 would confirm the trend reversal, given the fakeout at 0.984.
📅 USDT.D Analysis
Now, let’s analyze USDT dominance. A range has formed between 5.41 and 5.56, and dominance has rejected from 5.41, now moving downward again.
✔️ If 5.41 breaks, it would be the first confirmation of a trend change.
✨ For a bullish continuation, a break above 5.56 would confirm the next bullish leg.
❌ 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.
Bitcoin is so close to falling into a Bear, repeating Aug 2023First off, this maybe the last time I post this chart. Binance are Stopping USDT use from tomorrow morning. I have used this chart since around March 2020 and it is my most trusted,. A sad day for me. This chart saw me through Bulk Run, Deep Bear and now this Recovery and Bull run.
ANYWAY, the Arrow points towards a time in 2023 when we were so close to dropping into a Bear market for a number of reasons. Lets just say that Long Red Candle shoiwed a sudden weakening of Sentiment, A Lot of selling and confidence went.
It took a number of weeks for confidence to return.
And Now, we have a Similar thing. FEAR is high
AND I AM BUYING MORE BITCOIN - this is excellent...because when the price rises again, this maybe the last we see this price range.
We have Loads of support below.
It is that RED 236 Fib circle that is dragging PA down, as I mentioned last week. This and the Fact that the Weekly MACD is still falling Bearish
As you can see, the weekly MACD hits Neutral around 21 April, in 3 weeks time. It is from this point forwards that I believe we will see major shift's in Sentiment and PA action. Possibly earlier but maybe not strongly.
Also note how the Histogram is levelling out. We need to see a White candle in the coming weeks or we could be facing bigger issues maybe.
The Daily version of this same chart shows us very clearly where we are.
This is Great News. We have broken through that 236 Red Fib circle. It is now Support. though we are under a line of resistance. But we broke through that in the recent past.
I still think we will visit 78K again for a very short period of time. ( Hopefully, nothing is certain)
Currently, the shorter term charts show Support found on the 618 Fib retracement line. And we need to see if this holds
Over all, We are near the end of the first phase of this pause in Pushes higher. We have that wall at 109K to break through in the longer Term. Once Weekly MACD is on neutral, we will wait fo rthe daily to get there also and then we can push higher with Strength.
This push maynot be a single push. the Weight of BTC with its current price holds back the sprints to ATH we once saw.
Patience is a Virtue
HOLD and BUY MORE
Bearish drop?The Bitcoin (BTC/USD) has reacted off the pivot and could drop to the 61.8% Fibonacci support.
Pivot: 84,019.80
1st Support: 72,880.23
1st Resistance: 91,396.07
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Bitcoin hit that 236 Fib circle I warned you about- and now ?As we come to the end of the week, we see the potential for further drop as PA slides along that 236 Fib circle. ( Red)
It NEVER ceases to amaze me how PA reacts to Fib circles and yet, as if by magic, there is some Macro News at exactly the same time
On this occasion, It seems the US inflation figures on Friday caused this Drop in price.
This Chart is the daily verion of the Weekly chart i often post about weekly candle closes.
I trust this chart
The chance for a drop to arounf 75K is very real and if that fails, down to the 2 Fib extension arounf 68K, though I think that is unlikely
We do need to watch on which side of thois Fib circle PA sits tomorrow. - Idealy, it breaks through tonight and next week candle sits on the "Support" side on the circle.
If it remains as resistance, A Steep drop is highly likely.
In my opinion.
Daily MACD is turned down, heading towards it ssignal line. If that crosses, the Daily becomes very BEARISH
We have to wait and see what happens and be ready to react.
I do have SPOT buy orders around 78 K
If we Drop Lower, I will dig up some funds and buy more lol
WE WAIT FOR WEEKKY CLOSE
XRPWe are currently retesting an Order Block above $2.10 as we head into April.
$2.10 is a very strong support, we may see a liquidity sweep below this OB then begin our climb back up towards $2.30+.
If we want to retest the $3 highs at the end of Feb, we need some big news to come out, either ETF approvals, Trump making a big move with the treasuries, reserves, or X payments. Any positive catalyst of this magnitude made be what we need to get the next leg up started.
Hold your positions and stack when you can. The next move up will be magnificent.
BTCUSDT - single supporting area , holds or not??#BTCUSDT - just reached at his current important supporting area that is around 83600
keep close that level,
overall market stay in range as per our last idea regarding #BTCUSDT.
so now below 83600 market can drop towards his old supporting areas.
good luck
trade wisely
TradeCityPro | Bitcoin Daily Analysis #48👋 Welcome to TradeCity Pro!
Let's dive into the analysis of Bitcoin and key crypto indices. As usual, in this analysis, I will review the futures session triggers for the New York market.
⌛️ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, yesterday the price made a pullback and a correction, briefly moving above the SMA 25, but now it has dropped back below this level.
🔍 This correction has reinforced the 82,302 level as a stronger support, making a break below this area even more significant.
💫 If 82,302 breaks, I strongly recommend having a short position, as breaking this level could initiate the next bearish leg.
🔼 For a long position, our current trigger is 83,808, but this is a risky trigger, and I believe it's better to wait for the market to establish a new structure.
👑 BTC.D Analysis
Now, let’s analyze Bitcoin dominance. The dominance remains bullish and is currently stabilizing above 62.30.
✔️ If this level holds, the next resistance will be 62.66, and dominance could initiate another bullish leg toward this zone.
🔽 For a bearish move, we need to wait for the ascending trendline to break and then confirm the downtrend with Dow Theory before considering short positions.
📅 Total2 Analysis
Moving on to Total2, yesterday the price closed below 1.01, and now it has pulled back to retest this level. It seems ready to initiate the next bearish leg.
📉 For a short position, breaking 0.984 remains the key trigger. If this level breaks, you can enter a position.
🔼 For a long position, we need to wait until the strong bearish momentum fades and buyers start entering the market.
📅 USDT.D Analysis
Now, let’s analyze USDT dominance. As you can see, dominance has completed a bullish leg, followed by a slight correction, and now it has regained bullish momentum and is moving upward again.
💥 For further upside, breaking 5.49 is the key trigger to enter a long position.
⚡️ For a bearish move, we need to wait for a new bearish structure to form before considering short positions.
❌ 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.