GOLD holds strong – $3,460 is the next destinationHey everyone, OANDA:XAUUSD is currently trading inside a clearly defined ascending channel, maintaining a bullish structure, forming higher lows and higher highs precisely.
Recently, after breaking through a strong resistance zone, the price surged but was rejected near the top of the channel. The current pullback? Totally expected and healthy. We are seeing the price return to the “Buy Zone” – just above the 0.5 Fib retracement level and aligned with a major volume cluster.
If buyers step in, we could see a strong push back toward $3,460, the upper boundary of the channel. If not, the short-term bullish outlook would therefore be disrupted and could be followed by the next bearish retracement.
What I’m watching:
Confirmation of a bullish rejection candle or bullish engulfing candle near the current support level
Invalid if price breaks below the 0.5 Fib level (~$3,372)
Wait for confirmation, don’t chase.
Dailyanalysis
EURUSD at Key Resistance: Will It Drop to 98.350?The dollar is approaching a familiar zone that previously acted as a strong barrier, triggering bearish momentum in the past. Given its historical significance, how price reacts here could set the tone for the next move.
If bearish signals emerge, such as rejection candles, long upper wicks, or bearish engulfing patterns, I anticipate a move toward the 98.350 target. However, a clear breakout above this resistance could challenge the bearish outlook and open the door for the next bullish leg. This is a key area where price action is likely to offer clearer clues about the next direction.
Just my view on key support and resistance zones — not financial advice. Always confirm your setup and trade with proper risk management.
Good luck!
GOLD at Key Support: Will it bounce to 3,420$?FX:XAUUSD price is moving within a clearly defined ascending channel , with the upper boundary acting as long-term resistance and the lower boundary providing dynamic support. After a steady climb, the price began to show weakness, confirmed by a bearish candle, a common sign indicating the trend may reverse. This led to a sharp drop, pushing the price down to the key support area around 3,350 dollars.
This support zone is crucial because it intersects with the main trendline, making it a potential point where buyers could step in. The volume profile also shows significant activity in this area, meaning traders have previously paid attention to these levels. If the price holds above this support, it is very likely to bounce back to the 3,420-dollar level, which aligns with the previous resistance.
A breakdown below the trendline will shift the trend lower toward 3,293. For now, as long as gold stays above the support zone, a recovery to the 3,420-dollar level is possible. But if it drops below, the downtrend is likely to continue.
This is just my view on the support and resistance zones, not financial advice. Always confirm your setup and trade with solid risk management.
Silver Up Slightly as Markets Await PowellXAG/USD rose 0.3% to $37.23 on Wednesday, though gains were capped by a stronger U.S. dollar as investors turned to safe assets amid escalating geopolitical tensions and caution ahead of the Federal Reserve’s decision. Silver’s safe-haven appeal remained, but the firmer dollar made it less attractive for non-dollar buyers. Markets are now watching Fed Chair Jerome Powell’s remarks for clues on future policy and near-term direction for silver.
Resistance is set at 37.50, while support stands at 35.40.
Gold Steady Near $3,390 Ahead of Fed DecisionGold rebounded from early losses on Wednesday, returning to around $3,390 as the Iran-Israel conflict entered its sixth day. Israel confirmed strikes near Tehran and reported missile launches from Iran, while President Trump’s national security meeting fueled speculation about potential U.S. involvement. Investors also focused on the Federal Reserve meeting, with no rate change expected but attention on guidance amid trade tensions and global uncertainty.
Resistance is seen at $3,430, while support holds at $3,350.
Yen Holds Ground as BoJ Stays CautiousThe yen held near 145.1 per dollar on Wednesday following three consecutive sessions of losses, weighed down by soft economic data and trade uncertainty. Japan’s exports declined in May for the first time in eight months, alongside drops in machinery orders and manufacturing sentiment. The Bank of Japan left rates unchanged and maintained a cautious tone, though Governor Ueda signaled future hikes remain possible. Trade talks between Prime Minister Ishiba and President Trump at the G7 summit showed no progress on tariffs.
Resistance is at 145.30, while support stands near 142.50.
Silver Gains on Tensions, Eyes on FedFriday’s strong U.S. data may support the dollar, as the University of Michigan’s Consumer Sentiment Index rose to 60.5 in June from 52.2, beating forecasts of 53.5 and marking the first gain in six months.
Geopolitical tensions continue to drive safe-haven demand, especially for silver. Israel struck Iranian nuclear and missile sites Friday, killing military officials. On Sunday, Iran began its fourth phase of response, warning of firm retaliation to further Israeli actions.
Markets now turn to Wednesday’s Fed meeting. While rates are expected to stay unchanged, futures still price in two cuts this year, possibly starting in September, supported by last week’s soft inflation data.
Resistance is set at 36.90, while support stands at 35.40.
Pound Stable as Markets Eye BoE, Fed MovesGBP/USD remains below Friday’s three-year high, trading around the mid-1.3500s in a narrow range during Monday’s Asian session. The pair shows limited downside as traders await a busy week of key data and central bank decisions.
Markets are watching the UK CPI on Wednesday and the Bank of England’s policy announcement on Thursday, both crucial for the Pound. The US Federal Reserve will also decide on rates Wednesday, likely guiding the dollar’s short-term path.
Friday’s UK GDP showed a 0.3% contraction in April, increasing bets on faster BoE rate cuts. The USD is supported by safe-haven flows due to Middle East tensions, though soft US inflation data has raised expectations for Fed cuts by September. A broadly positive global risk mood is offering some support to GBP/USD.
Resistance is at 1.3600, with support around 1.3425.
ECB’s De Guindos Sees Balanced Inflation RisksEuropean Central Bank Vice President Luis de Guindos said Monday that the EUR/USD at 1.15 does not hinder the ECB’s inflation goal, noting the euro’s gradual rise and stable volatility.
He stated inflation risks are balanced, with little chance of falling short of the target, and that markets have clearly understood the ECB’s recent policy signals. De Guindos reaffirmed the ECB is close to its inflation objective
Looking ahead, he warned that tariffs could slow growth and inflation in the medium term but expressed confidence in the Fed maintaining swap line arrangements. He also confirmed there have been no discussions about repatriating gold reserves from New York.
At the time, EUR/USD was down 0.09%, trading near 1.1537.
Resistance is located at 1.1580, while support is seen at 1.1460.
Stronger Dollar Pressures Yen on Geopolitical RisksThe Japanese yen fell past 144.2 per dollar on Monday, marking a second day of losses, as the U.S. dollar strengthened on increased safe-haven demand. This followed renewed conflict between Israel and Iran, with both sides targeting energy facilities and pushing oil prices higher. The rise in energy costs may reduce the chances of a near-term Fed rate cut as inflation and trade risks persist. Meanwhile, focus turns to the Bank of Japan’s upcoming policy meeting, where it is expected to keep rates unchanged while assessing the inflation impact of rising oil prices amid global uncertainty.
Resistance is at 145.30, while support stands near 142.50.
GOLD's rise has been steady, decisive move aheadGold is the focus, plain and simple. We’re in an ascending channel, and price is respecting that structure with precision, higher highs, and no major signs of exhaustion yet.
Recently a clear resistance level was just taken out, and now I am watching for the classic retest. That breakout? A big deal, and a strong clue as well. If that zone holds as support, that’s a green light for a potential upmove toward 3,460 which matches the top of the channel.
But if it fails, we could expect a slight pullback, it might mean we could be in for a healthy dip before the next move.
Bottom line: follow the structure, and don’t force trades here without confirmation first
TradeCityPro | Bitcoin Daily Analysis #116👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and the key crypto indices. As usual, I’m going to review the futures triggers for the New York session.
✅ Yesterday, a very important event occurred: Israel launched a military attack on Iran, targeting not only military facilities but also residential areas.
⚔️ Leaving aside the fact that war is always a global tragedy, the fact that Israel also hit civilian zones shows that the tensions between these two countries have entered a new phase.
💫 In addition to civilian casualties, key commanders of the Iranian military were assassinated in these strikes.
🏳️ Most countries such as the United States, France, and most of Europe supported Israel in this conflict, while only North Korea and Russia backed Iran.
📊 Given these rising tensions and the cancellation of Sunday’s negotiations between Iran and the U.S., the likelihood of war between Iran and Israel has greatly increased following the resolution signed yesterday.
⭐ This development has caused safe-haven assets like gold to move upward, while risk-on assets like crypto have started to decline. As you can see, Bitcoin has been falling since yesterday.
⏳ 1-Hour Timeframe
On the 1-hour chart, as mentioned, after an initial correction to the 108436 zone, Bitcoin continued its decline down to 103606, breaking through the support level we had marked due to the war-related news.
✨ Currently, the price has found support at 103606 and has started a corrective phase. RSI has also exited the Oversold area and is now heading toward the 50 zone.
📉 In my opinion, under the current market conditions, we should wait to see how Iran reacts to Israel's actions. If war breaks out, Bitcoin is likely to drop again.
⚡️ Personally, I’m holding off on opening any positions until we get more clarity on the fundamental developments between Iran and Israel. I'm also not closing any of my longer-term positions that were opened in lower zones like 88k.
🔔 However, if you are looking to open a position, you could enter on a break below 103606. I don’t currently have a trigger for a long position and would prefer to wait for a proper structure to develop.
👑 BTC.D Analysis
Bitcoin dominance moved upward along with the market decline and, after breaking through 64.18, continued its bullish leg up to 64.85.
🧩 It has since begun a corrective phase after hitting that resistance. If this correction continues, the next zone to watch is 64.49.
📅 Total2 Analysis
This index also dropped alongside Bitcoin yesterday, falling from 1.18 down to 1.12 after triggering a short.
🔍 The price has since corrected up to 1.14. If a new bearish leg begins, we can open a short position on a break below 1.12.
📅 USDT.D Analysis
Tether dominance moved upward after triggering 4.68 and reached 4.89.
💥 If 4.79 is broken, the correction could continue. If 4.89 is broken, the next bullish leg in dominance will begin.
❌ 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.
Gold Surges Amid Middle East TensionsGold surged more than 1% to exceed $3,440, approaching record levels amid a sharp rise in safe-haven demand. The gains came after Israel's strike on Iran’s nuclear facilities, fueling concerns over a wider regional conflict. Uncertainty surrounding potential US tariffs added to market jitters. Additionally, softer US inflation data increased expectations for Federal Reserve rate cuts, enhancing gold's appeal as a non-yielding asset.
Resistance is seen at $3,430, while support holds at $3,350.
Weaker PPI Caps Dollar Strength in GBP/USDGBP/USD fell to around 1.3530 early Friday as escalating tensions in the Middle East supported demand for the US Dollar. Israel’s preemptive strike on Iran raised fears of retaliation, with Iranian officials warning of severe consequences for both the US and Israel, pressuring risk-linked currencies like the Pound. However, weaker US PPI data limited further USD strength. May’s PPI increased just 0.1%, below the 0.2% forecast, while the core PPI also came in softer. Attention now turns to the upcoming Michigan consumer sentiment report.
Resistance is at 1.3600, with support around 1.3425.
EUR/USD Slips on Geopolitical TensionsEUR/USD dropped to around 1.1530 on Friday, ending a four-day rally, as safe-haven demand lifted the US Dollar amid rising Middle East tensions.
Israel struck Iranian targets to weaken its nuclear program, prompting emergency measures. The US denied involvement but warned Iran not to target its assets.
Trump’s plan to expand steel tariffs from June 23 added trade uncertainty, while soft US inflation data kept Fed rate cut hopes alive.
Markets now await the US Michigan Sentiment report for further signals.
Resistance is located at 1.1580, while support is seen at 1.1460.
Yen Rallies as Risk Aversion ReturnsThe Japanese yen strengthened to approximately 143 per dollar, marking a third consecutive day of gains as investors turned to safe-haven assets following Israel’s preemptive strike on Iran. The operation, aimed at nuclear facilities, heightened global risk aversion. Adding to market uncertainty were renewed U.S. tariff threats by Trump. Meanwhile, BoJ Governor Ueda reiterated the bank’s readiness to raise interest rates if inflation nears the 2% target.
Resistance is at 145.30, while support stands near 142.50.
TradeCityPro | Bitcoin Daily Analysis #115👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and the key crypto indices. As usual, I’ll be reviewing the futures triggers for the New York session.
⏳ 1-Hour Timeframe
On the 1-hour chart, as you can see, yesterday the price was rejected from the 110256 level I previously mentioned. Following that, with the activation of the 108617 trigger, Bitcoin experienced a downward leg.
📊 Personally, I didn’t open a short position after the break of that level, but if you did, I suggest taking profits now as the price has reached the marked support zone.
🔍 As for me, I’ll wait to see how the price reacts to this support. If it breaks down, we can open a short position.
📈 However, if the price finds support here, we can once again look for a long position. The trigger for this will be found in the lower timeframes.
👑 BTC.D Analysis
Let’s move to Bitcoin dominance. Yesterday, BTC.D made a pullback to the 64.18 zone and now seems ready for another drop.
✔️ If 63.96 breaks, BTC.D could enter another bearish leg. If instead, the 64.18 ceiling breaks, it could push up toward 64.49 or even 64.67.
📅 Total2 Analysis
Looking at the Total2 index, after reaching 1.24 yesterday, it started to correct and dropped down to 1.18, touching the support with a shadow.
✨ If the 1.2 level breaks to the upside, the price could move back toward 1.24. If 1.18 breaks down, the correction may continue further.
📅 USDT.D Analysis
Now onto USDT.D. After a brief correction up to the 4.68 level, it has resumed its downward movement. If 4.64 breaks, the decline could extend toward 4.56.
💥 If instead, the 4.68 top breaks, it might bounce back up toward 4.72.
❌ 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.
TradeCityPro | Bitcoin Daily Analysis #114👋 Welcome to TradeCity Pro!
Let’s go over Bitcoin analysis and the key crypto indexes. As usual, I’ll break down the futures triggers for the New York session.
⏳ 1-Hour Timeframe
On the one hour timeframe, as you can see, a trading range has formed between the levels of 108617 and 110256. This has happened after a strong upward move with significant buying volume, and now we’re in a market correction phase.
📊 Market volume is decreasing during this corrective phase, which shows the strength of the buyers and supports the ongoing uptrend. RSI has exited the Overbuy zone and is now cooling off, which indicates that the bullish momentum has weakened for now.
📈 For a long position, the 110256 trigger seems very suitable today. If the price forms a higher low above 108617 before breaking this level, the probability of breaking 110256 increases significantly.
💥 If this trigger is activated, it’s crucial that volume rises as well. That would confirm the strength of the trend and increase the chances of the uptrend continuing. The current target for this position is 111747.
🔽 In the correction scenario, if the price stabilizes below 108617, this scenario becomes more likely and a deeper correction could follow.
✨ Personally, I won’t open a short position unless we get confirmation of a trend reversal. But if you want to go short, a break below 108617 is not a bad option and could signal a downward move.
👑 BTC.D Analysis
Bitcoin dominance has continued its downward movement, stabilized below 64.12, and is now heading toward 63.93.
⭐ If the 63.93 low is broken, the bearish move in dominance will likely continue. If it pulls back, a break above 64.12 will confirm that retracement.
📅 Total2 Analysis
Let’s look at Total2. Yesterday, it broke through the 1.2 level and is now moving toward 1.24. A breakout above this level could start the next bullish leg.
🎲 If a correction occurs, the price may drop back to 1.2 or even 1.18.
📅 USDT.D Analysis
Now for Tether dominance. This index is still sitting at the 4.56 support and is currently being held there. If 4.56 breaks, the next bearish leg can form.
🔔 In case of a retracement, USDT dominance might rise to 4.64.
❌ 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.
TradeCityPro | Bitcoin Daily Analysis #113👋 Welcome to TradeCity Pro
Let’s dive into the Bitcoin analysis and key crypto indexes. As usual in this analysis, I’ll walk you through the futures triggers for the New York session.
⏳ 1-Hour Timeframe
As you can see in the one hour timeframe, Bitcoin has continued its upward movement and reached the 110256 level and is now undergoing a correction.
✔️ If the price continues correcting, the next support level will be 108777. In case of a deeper pullback, the next area to watch is 106586.
📈 For a long position, our first trigger level is 110256, with a target of 111747.
📊 Market volume is currently increasing, and if this inflow of buy volume continues, the probability of a bullish move increases.
💥 The RSI oscillator has dropped below the 70 level. If RSI reenters the overbought zone, we’ll also get a strong momentum confirmation.
👑 BTC.D Analysis
Let’s take a look at Bitcoin Dominance. Today, it finally closed below the 64.49 level and has dropped to 64.12.
⚡️ This drop has allowed capital to flow into altcoins, and many of them are moving upward today. If 64.12 breaks, the downtrend may continue.
📅 Total2 Analysis
Moving on to Total2, this index finally broke above the 1.21 level and is now heading toward 1.24.
💫 At the moment, there is no major resistance preventing the market from continuing its upward trend. But there’s an important point regarding USDT Dominance, which I’ll cover below.
📅 USDT.D Analysis
During this bullish move in the market, the dominance of Tether hit the support at 4.56, while other indexes and most altcoins activated their triggers.
🔑 The key point here is that Tether Dominance has such a significant influence on the market that the inability to break this support has caused the entire market, including Bitcoin, to start correcting.
🔽 The 4.56 level in USDT Dominance is very important and will be the key to triggering 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.
USDJPY Analysis: MMC Resistance vs Major BOS (Technical View)🔍 Chart Summary:
The USDJPY pair is currently trading around 144.58, showing strong signs of structural buildup as it approaches a critical inflection point. This analysis leverages MMC (Market Mapping Concept) and price action structure to identify two possible directional outcomes — each grounded in key technical levels.
🧠 Key Technical Highlights:
📌 1. Expanding Wedge Pattern:
Price previously formed an expanding structure, signaling volatility and accumulation.
Expansion typically precedes major directional breakouts — either trend continuation or reversal.
📌 2. Downtrend Break Test:
A long-standing descending trendline has now been tested multiple times.
A confirmed breakout would be significant, indicating a major shift in market momentum.
📌 3. Resistance Zones:
Minor Resistance Zone around 158.00–160.00 marks a key supply area.
Watch for price action behavior if this level is tested — possible rejection or breakout continuation.
📌 4. Major Support Zone:
Support near 139.00–140.00, where price previously bounced, represents a solid floor and demand zone.
📌 5. BOS (Break of Structure):
Two BOS levels are marked:
Minor BOS (Around 146.00): Immediate reaction level to watch.
Major BOS (Around 149.00–150.00): If broken, could lead to sharp bullish continuation.
🔮 MMC Forecast Scenarios:
✅ Condition 1: Bullish Breakout Scenario
Price breaks above the descending trendline and clears the Minor BOS.
Target zone: 158.00–160.00 resistance.
Structure confirms bullish dominance if Major BOS is cleanly broken and retested.
⚠️ Condition 2: Bearish Rejection Scenario
Price rejects from current trendline or Minor BOS and reverses.
Potential drop toward Major Support around 140.00.
Watch for reversal confirmation with bearish engulfing candles or re-entry into expanding zone.
🧭 MMC Outlook Summary:
The chart is setting up for a key decision point. The market will either validate a bullish breakout structure or revert back into bearish continuation. These scenarios align with the MMC mapping method, providing clear conditions for traders to follow without bias.
TradeCityPro | Bitcoin Daily Analysis #112👋 Welcome to TradeCity Pro
Let’s dive into the analysis of Bitcoin and key crypto indexes. As usual, in this analysis I’ll review the futures triggers for the New York session.
⏳ 1-Hour Timeframe
Yesterday, Bitcoin finally broke through the resistance zone it had formed. As you can see, it pushed through this level with strong buying volume and is now moving toward 108777.
🔍 If you entered a position using yesterday’s triggers, I’d be glad to hear about it in the comments. Your feedback gives me great energy.
⭐ Today, I cannot provide a specific trigger because the market has already made its move. If you do not have an open position, it is better to wait for a new market structure and then identify a fresh trigger.
💥 At the moment, I expect Bitcoin’s upward movement to continue toward 108777. Market volume is strongly supporting the trend and is aligned with price action. RSI is also in the overbought zone, indicating strong buyer presence. If RSI stays above 70, the sharp upward movement is likely to continue.
📊 If a market correction occurs, the price could pull back to the zone I marked. In future analyses, I will review triggers for both trend continuation and possible reversals.
👑 BTC.D Analysis
Bitcoin dominance formed a higher low above 6449 and has now broken the 6467 resistance, signaling the beginning of a new bullish leg.
⚡️ If this upward move continues, Bitcoin dominance may climb further. However, if a pullback to 6467 happens, altcoins could see a strong upward move as well.
📅 Total2 Analysis
Looking at Total2, this index was supported at 114 yesterday and is now moving toward 117.
📈 If Bitcoin dominance starts to drop, Total2 will likely break above 117 and begin a main bullish trend.
📅 USDT.D Analysis
Now for Tether dominance. After forming a lower high below 479, it broke below the 472 support and is now heading toward 464.
✅ In my view, this movement toward 464 is likely to continue, and as that happens, the overall crypto market is expected to keep moving upward.
❌ 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.
TradeCityPro | Bitcoin Daily Analysis #111👋 Welcome to TradeCity Pro!
Let’s take a look at Bitcoin and key crypto indicators. As usual in this analysis, I’ll review the futures triggers for the New York session.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, none of our triggers were activated yesterday and Bitcoin has been ranging.
⭐ There was an important RSI level at 53.49, which was tested multiple times. I mentioned that breaking this level could trigger a slight correction — and that’s exactly what happened. The price pulled back slightly to 105087, retested this zone, and now RSI has returned above 53.49. Price is also moving with strong bullish momentum toward the 105851 resistance.
📊 The buying volume entering the market is quite strong, and if this increase continues, the price could begin an upward move. So in terms of both momentum and volume, we have bullish confirmation and can enter a position if the triggers activate.
📈 For a long position, the trigger we’re watching is 105851. While the main resistance is at 106586, I prefer to take the risk and open the position earlier, because I think the 106586 break won’t provide a clean entry and would be harder to act on.
✨ So my chosen trigger for a long position is 105851. Given the rising volume and high RSI momentum, we have the confirmations needed to open this trade.
🔽 For a short position, the first trigger is the break of 105087. This is a risky position since we haven’t yet confirmed a trend reversal — this would be the first signal if a downtrend begins. Personally, I’ll wait for confirmation of bearish momentum before opening a short.
👑 BTC.D Analysis
Bitcoin Dominance is still below the 64.67 level and is ranging under this resistance.
🧩 A break above 64.67 would confirm a bullish move in dominance. A break below 64.49 would signal a bearish reversal.
📅 Total2 Analysis
Total2 is ranging below the 1.15 level. A break above this zone could initiate a bullish move.
🔔 On the bearish side, the current trigger is the 1.13 level. We need to wait for this level to be broken for a trend reversal confirmation.
📅 USDT.D Analysis
Tether Dominance stabilized below the 4.79 zone yesterday and has now pulled back to it, preparing for a possible second leg downward.
🔑 If that happens, the crypto market could move upward. However, if USDT.D rises back above 4.79, its uptrend could continue.
❌ 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.
TradeCityPro | Bitcoin Daily Analysis #110👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and major crypto indexes. In this review, as usual, I’ll cover the key futures triggers for the New York session.
⏳ 1-Hour Timeframe
As you can see in the 1-hour timeframe, Bitcoin formed a higher low yesterday and has now reached the 105087 resistance. It seems likely that this level will be broken soon.
✨ Currently, a candle has closed above 105087, but price hasn’t yet confirmed a breakout, and the move hasn’t taken off.
📈 For a long position, we can enter once the price confirms a breakout above this level. If 105087 breaks, price could target 106586. The main long position will be opened upon breaking 106586.
🛒 Strong buying volume is a very good trigger for this setup. RSI entering the Overbought zone would also provide a powerful momentum confirmation, and price could rise accordingly.
💥 If the current upward move fails and price falls below the recent low, we can open a short position upon breaking 103899, targeting 101750.
⚡️ The 53.49 level on RSI is critical — its break would serve as a strong confirmation for the short position.
👑 BTC.D Analysis
Looking at Bitcoin Dominance, yesterday it once again moved toward 64.67, but failed to break it and is now heading downward after being rejected from that resistance.
🔑 The trigger for bullish continuation remains 64.67, while 64.49 serves as the trigger for a bearish move.
📅 Total2 Analysis
This index formed a higher low at 1.13 yesterday and is now testing the 1.15 resistance. If this level breaks, the price could head toward 1.17 and 1.18.
📊 A break above 1.15 would be a valid long trigger. However, if price is rejected and moves downward, breaking 1.13 could send it back toward 1.1.
📅 USDT.D Analysis
USDT Dominance closed below the 4.79 level yesterday and is now moving toward 4.70. If this continues, the crypto market could see bullish momentum.
🧩 However, if dominance moves back above 4.9, the next bullish leg in USDT.D could begin.
❌ 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.