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Bitcoin - Just Objectively Look At The Chart.Bitcoin ( CRYPTO:BTCUSD ) remains very bullish lately: Click chart above to see the detailed analysis👆🏻 Many traders are actually calling the top on Bitcoin but if we objectively look at the chart, situation is entirely different. First, Bitcoin just broke above the previous cycle high with a massive candle and second, we still have a valid rising channel acting as a major support. Levels to watch: $70.000, $300.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:BTCUSDLong
by basictradingtv
12
QNT/USDT Long Entry Signal Confirmed Given that the long entry signal for QNT/USDT was confirmed on February 14th and the price hasn't moved significantly since then, this could still be a favorable time to consider entering or maintaining a long position today. Here's how you might approach this: Reconfirmation of Entry: Since the signal was confirmed on February 14th, you should check if the conditions still hold: MLR still above SMA: Ensure the Moving Regression Line remains above the Simple Moving Average. MLR above BB Center Line: Confirm the MLR is still above the Bollinger Bands Center Line. PSAR still green: Check if the Parabolic SAR is still green, indicating a continued bullish trend. Price above 200-period MA: Verify the price is still above the 200-period Moving Average. Given the price stability since the signal was confirmed, these conditions are likely still valid, supporting the initial signal's strength. Entry Strategy: Action: Enter or maintain the long position on QNT/USDT based on the reconfirmation of these signals. Risk Management: Trailing Stop: Keep your trailing stop at the current PSAR level, which adjusts with price movements, ensuring dynamic risk management. Standard Exit Strategy: Exit: Continue to watch for when the MLR crosses back below the SMA. This would signal a potential trend reversal, indicating it's time to exit the position. Since the price has remained relatively stable, it might suggest a consolidation phase, which could precede a significant move. Stay vigilant for any changes in market conditions or news that could influence the price. Always ensure your trading decisions align with your risk tolerance and the latest market analysis. That is it Disclaimer: This idea is for educational purposes only and should not be considered financial advice. Always do your own research or consult with a financial advisor before trading.
Long
by vagada
Long Entry Signal for PHA/USDT - Trading System ConfirmationBased on our custom trading system rules, we have a confirmed entry signal for PHA/USDT today: MLR Crosses SMA: The Moving Regression Line (MLR) has crossed above the Simple Moving Average (SMA), indicating a shift towards a bullish trend. MLR Crosses BB Center Line: The MLR has also crossed over the Bollinger Bands Center Line, further confirming the bullish momentum. PSAR Flips: The Parabolic SAR (PSAR) has flipped, signaling a bullish trend as it follows the MLR. Price Above 200-period MA: The current price is above the 200-period Moving Average, confirming a long-term bullish trend. Entry Strategy: Action: Enter a long position on PHA/USDT based on these signals. Risk Management: Trailing Stop: Immediately set your trailing stop at the current PSAR level, which will adjust dynamically with price movements. Standard Exit Strategy: Exit: Monitor for when the MLR crosses back below the SMA. This crossover will signal a potential end to the bullish trend and an opportunity to exit the position. This signal presents a potential trading opportunity according to our system's parameters. Remember, always consider additional analysis and risk management practices before making trading decisions. That is it Disclaimer: This idea is for educational purposes only and should not be considered financial advice. Always do your own research or consult with a financial advisor before trading.
Long
by vagada
Long Entry Signal for BNB/USDT - Trading System Confirmation Welcome! Long entry signal for BNB/USDT confirmed by the trading system Based on our custom trading system rules, we had an initial long entry signal for BNB/USDT on February 11th, and since then, the price has remained steady at similar levels. Given that the system's conditions for a long position are still met, we can consider entering a long position today: MLR Crosses SMA: Even though the SMA is above the MLR, the entry still works because the price is over the BB center line and above the PSAR and 200 MA. Price Over BB Center Line: The current price is above the Bollinger Bands Center Line (orange), which indicates that despite the MLR/SMA position, the price is in a position that typically favors a bullish trend. PSAR Flips: The Parabolic SAR (PSAR), indicated by black dots, has flipped to bull, signaling a bullish trend as it is below the price. Price Above 200-period MA: The price is also above the 200-period Moving Average (red), reinforcing a long-term bullish trend. Given these conditions, the entry for a long position is supported by the price being over the BB center line, above the PSAR, and the 200-period MA, which are strong indicators for a potential upward movement. Entry Strategy: Action: Enter a long position on BNB/USDT today, considering the sustained conditions from the initial signal. Risk Management: Trailing Stop: Set your trailing stop at the current PSAR level, which will adjust dynamically with price movements to protect your position. Standard Exit Strategy: Exit: Continue to monitor for when the MLR crosses back above the SMA or if the price drops below the BB center line or the PSAR flips to bear. Any of these could signal a potential end to the bullish trend and an opportunity to exit the position. This signal presents a potential trading opportunity according to our system's parameters, especially since the initial conditions have remained favorable. Remember, always consider additional analysis and risk management practices before making trading decisions. That is it
Long
by vagada
Long Entry Signal for AAVE/USDT - Trading System Confirmation Given the daily chart for AAVEUSDT: MLR vs. SMA: MLR (blue) is above SMA (pink), bullish. MLR vs. BB Center: MLR is above BB Center Line (orange), bullish. PSAR: PSAR dots are under the price, bullish. Price vs. SMA 200: Price is above SMA 200 (red), bullish long-term. Current Strategy: All conditions for a long entry are met. Prepare to act on this bullish signal, keeping an eye on any further developments or confirmations. Trading systems can be deceptive; many investors purchase them with high expectations but often fail to use them as intended or at all. Even with a proven system, success isn't guaranteed due to the challenge of execution and psychological factors. This highlights the importance of understanding not just the system but also the discipline and skill required to apply it effectively in real trading scenarios. However, we will help you use the system effectively by letting you know when it's the time to act. All you have to do is keep a close eye on our updates to ensure you're ready to make informed decisions at the right moments.
Long
by vagada
Long Entry Signal for PROS/USDTBased on the daily chart for PROSUSDT on Bybit, here's a concise analysis: MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend. MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum. PSAR: The PSAR dots (black) are under the price, confirming a bullish trend. Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution. Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position. Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk. Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities. Thank you!
Long
by vagada
TradeCityPro | Bitcoin Daily Analysis #15👋 Welcome to TradeCityPro! Let's dive into the analysis of Bitcoin and key crypto indicators. In this analysis, as per the routine on Mondays, I’ll also review the chart in higher timeframes for you to see what price scenarios might be likely for the coming week. 📅 Daily Timeframe In the daily timeframe, as you can see, the price is still in a very small trading range, oscillating from the 95108 area to the 98482 area, forming a very small range within a larger range box that extends from 92702 to 105928. 📊 As you can observe, the market volume within this box has significantly decreased and is continuing to diminish, indicating that traders and market participants are gradually decreasing. If this box breaks, the price can determine its next direction and movement leg. 🔽 If the 95108 area breaks, the next area will be 92702, which is the bottom of the range box. If this support breaks, the next support area will be at 87000. ✅ Conversely, if the price breaks the range box upward, breaking 98482 could lead the price towards the upper resistance areas of 101234 and 105928. The main confirmation for the next upward trend will be with the breaking of 105928, and if this area, which is also Bitcoin’s ATH, is broken, we can say that the price can move towards higher targets and new ATHs. 💥 In the RSI oscillator, as you see, this indicator is oscillating between two very important areas from 40.73 to 51.34, and breaking either could give us a confirmation of the RSI momentum. ⚡️ Let's go to the four-hour timeframe to observe the price movement with more details. ⏳ 4-Hour Timeframe As you see, we are in a range box that was visible in the daily timeframe as well, ranging from 95108 to 98482. This box has been faked once from the bottom and once due to the news of the hack at the Bybit exchange, causing the price to fake the top of this range box and move downward. 🧩 Currently, as you see, the number of hits to the bottom of the box has significantly increased, which increases the likelihood of this box’s floor breaking. Therefore, if 95108 breaks, I will try to enter a position and will show you later in the analysis how we can decide to open a short position on altcoins or on Bitcoin. 🔼 For long positions, the trigger at 96847 is suitable, but it is better to go to the one-hour timeframe to find better and more appropriate futures triggers. ⏳ 1-Hour Timeframe Let's go to the one-hour timeframe, a timeframe I analyze for you every day. Yesterday, the trigger I gave at 96205 was activated and gave very good profits, and the price almost reached the bottom of the box. After that, with a strong candle and a lot of buying volume that you saw, the price pulled back to this area again, so this area could become an important area in the future and I will keep this line on the chart for now. 📈 If the price breaks this area upward this time, and if the candle is of good volume and shape, I will definitely open a long position, and our next trigger for long will be at 96847. 🔑 But as you see, the price also reacted yesterday to the top of the Expanding Triangle area, and as you see, it both got rejected from this top and reacted with a shadow to it and pulled back to it. 📊 The market volume is also increasing. This drop that the price has started and the same causes the likelihood of breaking 95108 to increase. So I suggest if the price reaches near this area and gives you a good stop loss placement, definitely have a stop sell below this area so that if the price moves sharply downward, your position is activated and you don’t miss the price movement. 📉 The next price support will be at 93899, and we also have dynamic support at the bottom of the Expanding Triangle that can act as a good target and support from the price. I don’t see any other important points, so let’s move on to dominance analysis. 👑 BTC.D Analysis Let's go to the analysis of Bitcoin dominance. As you see, yesterday, after recording a new low in the area of 60.72, it gained a very good upward momentum and moved upwards, and after breaking 61.04, it re-entered the range box and this morning also broke the top of the box, which was area 61.49, and this increase in Bitcoin dominance caused altcoins to drop much more than Bitcoin. 🔍 If this trend of Bitcoin dominance continues, if the floor 95108 in Bitcoin breaks, opening a short position on altcoins would be more logical than Bitcoin because more money is leaving altcoins than Bitcoin. 🤝 Let's go to the analysis of Total2 and review the appropriate triggers for altcoins for you. 📅 Total2 Analysis As you see in Total2, yesterday's trigger at 1.22 was activated, and as we saw in Bitcoin dominance, altcoins dropped much more than Bitcoin, definitely giving you very good profits. I would be happy if you opened a position with this trigger, definitely tell in the comments so I am aware that you are using the triggers I provide in the analysis. 💫 As you see, the area 1.19 overlaps with the 95108 area in Bitcoin, but Total2 has broken this area. The reason is that Bitcoin dominance is rising, which causes that even though Bitcoin is still on support and has not broken its support, Total2 has broken its support and can now move towards the area 1.16. 🔑 If you have altcoins in mind that give a trigger for entering a short position now, you can open a position on them. For long positions, in my opinion, today the market will not give a long trigger. But if this downward movement is faked and the price moves upwards with the confirmation of theory and setting higher lows and highs, you can open a long position. 📅 USDT.D Analysis As you see, USDT.D has activated its short trigger in the area of 4.62 and yesterday rose from the support of 4.52 and moved upwards. If dominance can stabilize above 4.62, we can expect it to move towards 4.75, and this could be a very suitable confirmation for opening a short position on altcoins. ✅ But everything depends on Bitcoin dominance, and with the movement of Bitcoin dominance, you can decide whether to open this position on altcoins or on Bitcoin itself. For long positions and confirmation of a bearish trend in Tether dominance, you must wait until the price forms a new structure again, and in my opinion, if this break is faked, area 4.52 will become a very important area. ❌ 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.
by tradecitypro
12
Weekly Cryptocurrency Market Analysis:Ethereum (ETH)- Issue 267The analyst believes that the price of ETHUSD will decrease within the time specified on the countdown timer. This prediction is based on a quantitative analysis of the price trend. ___Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
BINANCE:ETHUSDShort
by MoonriseTA
4
RUNE Ready for a Big Move? Accumulation Breakout Incoming!Current Market Structure: #RUNE has been in an accumulation phase after a prolonged bearish trend. The price is consolidating, forming a potential Wyckoff Accumulation pattern. No further bearish signs are present except for the previous break of a strong support level. Key Levels to Watch: 🔹 Support: $0.788 (previous level) 🔹 Resistance: $2.5 (breakout zone) 🔹 Accumulation Range: $1.13 – $1.6 Trading Plan: 🔹 A confirmed breakout above the resistance level will signal the start of a bullish trend. 🔹 Ideal long entry on breakout with a retest confirmation. 🔹 Stop-loss below accumulation range to minimize risk. 🔹 Targeting $7 as the next resistance level. What do you think? Will #RUNE break out soon, or are we in for more sideways movement? Share your thoughts in the comments! Like & Follow for more trade setups and insights!
Long
by mudusir
TradeCityPro | INCH: Delving into a Leading DEX Project👋 Welcome to TradeCityPro! In this analysis, I want to review the INCH coin for you. It's one of the DEX projects in crypto, active in the DeFi space, and considered one of the successful projects in this category. 📅 Weekly Timeframe As you can see in the weekly timeframe, after its launch, the price began a downward trend and is currently in a consolidation box between $0.2098 and $0.6270. ⚡️ The bottom of this box is a very important support, arguably the only and last support for this coin. Conversely, the top of this box, as you can see, is a very strong supply zone. The price has approached this area several times with high momentum, but it has been rejected each time and returned to the bottom of the box. 🔍 Currently, as you observe, the price, after being rejected from this level, has moved downward and reached the bottom of the box, where it has been ranging for about three weeks. If this bottom breaks, the price could move lower and set a new all-time low (ATL), which would worsen the project's situation. 📈 However, if the price can rise from this area, finally moving upwards and breaking the supply zone, it could successfully start its bullish trend after several years. 🚀 The targets for the bullish trend are initially at $0.8438 and then at $2.0175. The ATH area is at $7.1331, which seems far from the current price and out of reach unless the market cap of 1inch significantly increases. 📅 Daily Timeframe In the daily timeframe, as we observe, we can see more details about the last downward movement. As you see, after entering the correction phase, the price first corrected to $0.3638. However, after stabilizing below this area, the next downward leg started, and currently, the price has reached $0.25 and has formed a small box between $0.25 and $0.2756. 🔽 For short positions, we have a very suitable trigger at $0.25, where if this area breaks, the price could move down to its main support at $0.2226. ✅ On the other hand, if this box that the price has formed breaks upwards and the price can stabilize above $0.2756, forming a higher low and higher high, we could say it has risen from the bottom of the box and could move higher. 💥 Overall, the price is in a very large weekly box, and any spot purchases and positions taken within this box are highly risky. So, be sure to not engage in excessive risk with this coin and wait until the large weekly box is broken either upwards or downwards. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
by tradecitypro
2
XRP Bullish Setup – AB=CD Pattern on 1H Timeframe!#XRP is in a strong uptrend, showing no bearish signs, and currently forming a classic AB=CD pattern on the 1-hour timeframe. This pattern is a well-known harmonic structure that often leads to a continuation of the trend! Key Technical Insights: 🔹 AB=CD Pattern Completion: Price is approaching the 0.618 Fibonacci retracement zone. 🔹 No Bearish Signs: Momentum remains bullish, with increasing volume. 🔹 Confluence Support: The 0.618 FIB level aligns with previous demand zones, increasing the probability of a bounce. Trading Plan: Entry: Around the 0.618 FIB level, Price is 2.65 🔹 Targets: TP at 2.88 🔹 Stop-Loss: Below structure 0.5 FIB level, Price is 2.6 What do you think? Will #XRP respect the AB=CD pattern and continue higher? Drop your thoughts in the comments! Like & Follow for more high-probability trade setups!
Long
by mudusir
XRP Weekly-Monthly Analysis / Best Spot Major Prices to BuyBecause I noticed to much sentiment these days, I felt the need to mention, that Ignoring the investment rules such as F.O.M.O. (Fear of Missing Out), putting to much emotion on your trades, to discuss with the people, ignoring Top to Down Analysis, do not help you reach your goals. TRADE WHAT YOU SEE, DO NOT TRADE WHAT YOU THINK! Do not ignoring time frames: Weekly and monthly time frames help us find the range of price action, where the price will support or resist, as also to spot the oversold and overbought areas. As well as removing market vibrations. Monthly time frame help us to spot the trend in the following weeks. Weekly time frame help us to spot the trend of the following days in the week. Technically for investors who want to buy the XRP and hold it until the future for sell it at a satisfactory price, they have to make sure that the price is it's at its lowest. On the Daily – Weekly time frame easily we observe the Head and Shoulders pattern which is telling us that the price will reverse and testing the lower prices before an uptrend. On the weekly time frame we can see that the market signals us for a reversal. We can see the Hanging Man candlestick (09 Dec 2024) and the Bearish Engulfing candlestick (27 Jan 2025). Major prices using Fibonacci Retracement: 0.00% (3.4000) 23.60% (2.6879) 38.20% (2.2474) 50.00% (1.8914) 61.80% (1.5353) 78.60% (1.0284) 100.00% (0.3827) Spotting major prices helping us which price to buy. Good spots for buy: 61.80% (1.5353) – Golden Zone / Golden Pocket 78.60% (1.0284) – Entry Zone Between 78.60% (1.0284) and 100.00% (0.3827) is the Risk Zone, which we have the neckline of the ‘’ Quadruple Bottom Pattern ‘’ at the price range ‘’ 0.6291 – 0.7850 ‘’ and safer zone to buy at ‘’ 0.9500 ‘’… For sure we will meet a lot of consolidation at 50.00% (1.8914) before the prices will drop. The only remaining is the fundamentals that we can apply them in the chart. Thanks to all of you!
COINBASE:XRPUSDLong
by JohnA97
7
XRP - Food For ThougtThe total supply of XRP tokens is capped at 100 billion, ensuring that no more than 100 billion XRP tokens will ever be created. As of now, approximately 52% of the total supply is in circulation, with the remaining tokens held in escrow accounts by Ripple Labs. Currently priced at $2.54 per token, transferring $1 billion via the XRP Ledger (XRPL) would require 393,700,787.4 XRP. However, if XRP were valued at $100,000 per token, only 10,000 tokens would be needed for the same transaction. You might be thinking, "That would mean the XRP ecosystem, if fully distributed, would be worth $100 trillion... IMPOSSIBLE!" But let's delve into some numbers. Every day, approximately $5.7-6 trillion is transacted in the foreign exchange (FOREX) market. Annually, this equates to $2.1 quadrillion. If just 5% of that volume were moved across the XRPL, it would amount to $105 trillion. And this doesn't even account for the tokenization of stocks or real estate, which also see trillions in volume. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) system processes an average of nearly 50 million messages per day. While the exact monetary value of these transactions isn't publicly disclosed, it's estimated to be in the trillions of dollars daily. It's important to note that SWIFT and FOREX serve different functions in the financial world. So, in addition to FOREX moving $2.1 quadrillion annually and SWIFT handling another quadrillion, that's a massive volume of transactions. We now know that the XRPL ledger has recently been connected to SWIFT. So, is a $100,000 XRP a pipe dream? Far from it. Bitcoin has hovered around $100,000 based on user sentiment. XRP represents an infrastructure of value.
KRAKEN:XRPUSD
by MissouriTim
BTC END OF CORRECTIONAfter being stuck in this sideways correction for almost 70 days, #BTC is finally coming to the end of this consolidation in the next 24-72 hours. It's not common that we get a double three correction (WXY) starting with a sharp zigzag wave W and ending with a huge expanded triangle for wave Y, so this correction is one for the history books. I really hope you have your longs stacked up during this final drop as we're going to take off any moment to new all-time highs, probably to $130K or more.
Long
by Mashood_Abidi94
SOLANA SHORT OPPORTUNITY Possible Solana short (5m TF) Solana is still trending down on the higher timeframes, down on the very low intra day TF's and ranging on the mid intra days so good confluence all round for a short position. Pull back on the fib would line up nicely with a previous LL which is now a resistance level which would create a nice rejection and push to the downside. Also not this area of rejection would also align nicely with the 50 EMA which would be an additional level for price to reject. Overall many good confluences which could align nicely for a short entry. Let's see how this plays out. Again 1:3 RR on this as normal with the possibility to take partials and let 25% run to a further downside target of the major lows at $160 Will set a Limit sell for this, no need for manual entry on confirmation as all criteria should align nicely.
KRAKEN:SOLUSDShort
by h77nry
BATUSD, ANOTHER 1,000% OPPORTUNITYBATUSD (Basic Attention Token), a crypto project designed with the goal of making Crypto and DeFi accessible to everyone. In the founders own words: "Crypto and DeFi are hard to use and the $330 billion digital advertising industry is failing users, publishers and advertisers. With Basic Attention Token and Brave we want to take Crypto to the next 1B users and solve the endemic inefficiencies and privacy violations hobbling the digital ad industry." This project for me is ape worthy, back end, front end, people involved, mission... everything is perfect on this. There is some great experience pushing this project with the likes of Brendan Eich who is the Founder & CEO (Also the creator of Firefox, Javascript and Mozilla). Lets also appreciate a perfect chart when we see one, the initial pump has already taken place, affirming the volume and liquidity this project can draw from the market. Whilst BTC is stagnant of course all of the Alt's also are stagnant but when BTC pumps again, and we all know it will BAT is going to be a flyer. From a technical & buying stand point, based on my technicals i would be happy to buy at anywhere under the $0.10 price point, what a bargain that would be. This would be a completion of the Fib and could work out perfectly in time with the next bull run.
KRAKEN:BATUSDLong
by h77nry
$AIXBT – AI-Powered Crypto Analysis Tool with Real Market Utilit💡 What is $AIXBT? $AIXBT is an AI-driven analytics platform under Virtuals Protocol, integrating blockchain, AI, and big data for advanced market insights. 📊 Key Features: AI-driven market analytics – Monitors Crypto Twitter & CoinGecko. Trending narrative detection – Finds key narratives influencing market moves. Alpha-generating insights – Uses AI to provide data-driven trade signals. On-chain & sentiment analysis – Tracks 400+ Key Opinion Leaders (KOLs). 🔹 Built on: Base L2 (Ethereum) – Low fees, fast transactions. 🔹 Listed on: Gate.io, gaining liquidity & visibility. 🔹 Growing user base: 100K Twitter followers in 2 months. 🛠 Key levels to watch: Sweep of $0.167 expected soon – setting up a potential long trade. Downside risk: $0.08 Upside targets: $0.3 - $0.43 = conservative/local peaks. $0.75 - $1.00+ = possible in 2025 if market euphoria kicks in. 🤔 Is $AIXBT Worth Watching? AI + crypto is a major 2025 trend. Not a meme coin – real utility for traders. Unique AI-powered sentiment & narrative tracking. High volatility. 🚀 Bottom Line: $AIXBT has a strong AI-driven concept but needs to prove itself in the competitive AI crypto sector. If market enthusiasm for AI tokens continues, this could be a major breakout play. 📌 Key trade idea: Watch for liquidity sweep at $0.167 → long if price bounces back up immediately.
Long
by Goldfinch_song
TradeCityPro | Bitcoin Daily Analysis #14👋 Welcome to TradeCityPro! In this analysis, as usual, I aim to review the critical futures triggers for the New York session. 📰 Yesterday, news of the Bybit exchange hack emerged, and I will examine its impact on the charts and what it may mean for Bitcoin's future. ⏳ 1-Hour Timeframe As observed, before the Bybit hack news, Bitcoin was trending upward and had breached the 98482 area. However, when the news broke, Bitcoin took a sharp downward turn, moving straight down to the box floor at 95108. 🔍 Bybit was reportedly hacked for $1.5 billion. Official statements assure that the exchange can fully reimburse its users, suggesting no substantial long-term financial impacts. The Bitcoin movement appears to be a reactionary drop due to the severe nature of the news and is not likely to have a lasting effect. ✨ However, it has shown that the 95108 area is extremely reliable and significant, potentially becoming a key level in the future. As you can see, I have retained the triangle that the price had been reacting to in recent weeks. If there is no reaction today, I will remove this triangle from tomorrow's chart as it appears that the price is more consistently within the box between 95108 and 98482, and the expanding triangle no longer seems relevant. 🔼 Currently, I cannot provide a firm long trigger for futures, and I have removed the 97816 trigger used previously. Such triggers are ineffective after being activated once, and we must wait for the price to establish a new structure. ⚡️ A risky long position could be taken on the breakout of 96516, which has been activated. If you observe a suitable candle with strong momentum during a pullback to this area, you may consider entering. 📉 For a short position, the very reliable trigger remains at 95108. If this area breaks, I will personally attempt to open a short position, as the strong reaction to yesterday's news demonstrated this support's significance. 📅 BTC.D Analysis The situation hasn't changed much, and Bitcoin dominance continues to range as it has in previous days. ✅ Still, if the 61.04 level breaks, it confirms a bearish dominance, and a breakout of 61.49 would confirm bullish dominance. 📅 Total2 Analysis For Total2, the trigger activated yesterday was a fake-out, but it caused the trigger to shift. Currently, there is a very promising long trigger for Total2 at 1.26, which the price has reacted to very well, suggesting it is a reliable area. For short positions, entering upon breaking 1.19 could be considered. 🧩 These positions are risky, and the main triggers are for breaking out of the box that lies between 1.16 and 1.28. 📅 USDT.D Analysis USDT dominance reached the bottom of the box yesterday at 4.40 and showed a very strong reaction. Along with the Bybit hack news, it moved sharply upward to 4.62. 💫 Currently, dominance has been rejected from this area and returned to the middle of the box, indicating that the 4.40 and 4.62 levels are important for confirming positions. If either of these levels breaks, we can secure a long-term confirmation for the bullish or bearish direction of Bitcoin dominance. ❌ 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.
by tradecitypro
6