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Sterling Struggles Amid Risk Aversion and US Tariff ThreatsGBP/USD extends its decline for the second consecutive session, hovering around 1.2940 during Friday's Asian trading hours. The currency pair faces difficulties as the Pound Sterling (GBP) weakens due to a negative risk sentiment, which has been further worsened by worries over global trade following US President Donald Trump's threat to impose a 200% tariff on European wines and champagne, creating market instability. If GBP/USD breaks above 1.2980, the next resistance levels are 1.3050 and 1.3100. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
Yen Slips Against USD as Tariff Concerns Increase the DollarThe yen fell below 148 per dollar on Friday, reversing gains as trade tensions increased the dollar. Trump reaffirmed plans for reciprocal tariffs starting April 2. Despite this drop, the yen remains near a five-month high, backed by expectations of BOJ rate hikes. Japanese firms agreed to wage increases for a third year, aiming to offset inflation and labor shortages. Higher wages may spur spending and inflation, giving the BOJ room for future hikes. While rates are expected to remain unchanged next week, policymakers may pursue hikes later this year. Key resistance is at 149.20, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00. 
by ChartMage
TradeCityPro | Bitcoin Daily Analysis #33👋 Welcome to TradeCityPro! Let's dive into the Bitcoin analysis and other key crypto indices. Today, I'm bringing you the analysis earlier than usual and will be looking at the triggers for both the London and New York sessions. ⚡️ Yesterday, one of our triggers was activated but unfortunately hit the stop loss. However, we have another trigger today, so let's go ahead and analyze it. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, yesterday's trigger at 81466 was activated and you could have opened a position with it. I personally opened a position on Ethereum, and my position is near the stop loss. Bitcoin was supported at the 80105 area and has moved back above 81466. 📊 The market volume has significantly decreased in bullish candles, indicating that this upward movement might just be a deep correction because if the 81466 area was going to break definitively, we would have seen significant buying momentum and volume enter the market, but that didn't happen and this upward movement is accompanied by severe trend weakness. 🔽 Currently, for a short position, with the break of 80105, you can open a position. This area is one where the price reacted yesterday after significant bearish momentum, so it's a suitable demand zone and breaking this area could see the price move towards the target of 77598. 📈 For long positions, the main trigger remains 83979, and breaking this area could bring significant momentum and volume into the market. Potential targets for a long position are 86440 and 91558. 👑 BTC.D Analysis Let's move on to the analysis of Bitcoin dominance. Yesterday, dominance continued to decline, dropping to 61.53 but is currently forming green candles and moving upwards slightly. 💥 There hasn't been much structure created yet, and we can't give a trigger for the dominance to turn bullish yet, but breaking the 61.53 area could initiate the next bearish leg. 📅 Total2 Analysis Moving on to the analysis of Total2, yesterday's Total2 trigger was not activated and the same triggers we have for altcoins are still suitable. The reason for this is that Bitcoin's dominance was bearish, which led to Bitcoin dropping more than altcoins, and the short trigger for it was activated, but Total2 remains above this area. ✔️ For a short position, you can enter if the break below 984 occurs, and for long positions, breaking 1.01 would be suitable. 📅 USDT.D Analysis Finally, let's look at the analysis of Tether dominance. As you can see, yesterday its trigger was activated, and a fake break occurred. 🎲 However, as you can see, after the 5.49 area was faked, the price was rejected with a green candle, and it reacted to this area, so I still keep the USDT.D resistance area at 5.49 and will wait to see how dominance reacts to different areas. 🧲 The bearish confirmation of Tether dominance is clear, and with a break of 5.33, we can confirm it. For the dominance to turn bullish, the area is still 5.49, but wait until the price shows a reaction to this area to fine-tune your main 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.
Short
by tradecitypro
17
TradeCityPro | Bitcoin Daily Analysis #32👋 Welcome to TradeCityPro! Let's dive into the analysis of Bitcoin and major crypto indices. As usual, I want to review the futures triggers for the New York session for you. 🧩 Yesterday, the short trigger I had set for you was activated, but the price couldn't stabilize above this trigger and was rejected from the 83979 area. ⏳ 1-Hour Timeframe In the 1-hour timeframe, as you can see, the price has been rejected from the 83979 area and has formed a small box between 81466 and 83979. Currently, the price is being rejected from the box's ceiling again. 💥 The previous candle that the price formed is very interesting and attractive and can introduce a lot of downward momentum into the market. In this case, the price could move down to the support at 81466, and breaking this support would be a good trigger for a short position. ✔️ If the 81466 area is broken, the price will set a ceiling consistent with the previous ceiling, and in this case, we can prepare for the next downward leg. The first floor that the price has and can be used as a target is 77598. 💫 The RSI oscillator is also in an important area, and if it stabilizes below 44.69, downward momentum can enter the market, and the probability of breaking 81466 will increase. The market volume has been ranging so far, but the volume of the last candle that the price formed is very in favor of the sellers, and this matter, in the case of breaking the RSI trigger, the likelihood of breaking 81466 and a market crash will increase significantly. 🔼 For a long position, the best trigger would be 83979. The price has reacted several times to this area, and as long as Bitcoin is below this area, we can say its trend is still downward. 👑 BTC.D AnalysisLet's go to the analysis of Bitcoin dominance. Finally, the dominance was rejected from the ceiling of 62.25 and today, as you can see during the London session, it is decreasing and has dropped to 61.67. 🎲 Currently, the main confirmation of the dominance downturn is taken from 61.08, and the risky trigger for the downturn is 61.67. If these areas are broken, the dominance will move towards lower targets, and more money will enter altcoins. ☘️ For dominance to rise, the situation is quite clear. If it is supported from 61.67, dominance can move upwards, and the main confirmation of the uptrend will be with the break of 62.25. 📅 Total2 Analysis Let's go to the analysis of Total2, we have a very important resistance in Total2 at the area of 1.01, and the price has shown a lot of reaction to it and now is being rejected from it with two strong bearish candles. ⭐️ If 1.01 is broken, you can enter a long position, but in my opinion, with this rejection that Total2 is receiving from this area, the likelihood of it turning bearish and activating the trigger at 984 increases. 📅 USDT.D Analysis Let's look at the analysis of USDT.D, like Bitcoin, this index is also in a ranging box between 5.33 and 5.49, and breaking either of these areas could be a good trigger for the next leg of USDT.D. 🧲 If 5.33 is broken, the trend-breaking trigger will be activated, and dominance could become bearish, which in this case, Bitcoin and Total2 will move upwards. If 5.49 is broken, dominance will rise, and more money will enter Tether. ❌ 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.
Short
by tradecitypro
13
Lower US Inflation Drives Gold's SurgeGold surged to around $2,940 per ounce on Thursday, nearing record highs as escalating trade tensions boosted safe-haven demand. Trump threatened more tariffs on EU goods after retaliatory measures from the EU and Canada, while Commerce Secretary Lutnick confirmed planned trade protections on copper. Meanwhile, US inflation data came in lower than expected, easing concerns and giving the Fed more room for a less restrictive policy. However, the long-term impact of tariffs remains uncertain, with inflation risks still looming. Key resistance stands at $2,955, with further levels at $2,980 and $3,000. Support is at $2,860, followed by $2,830 and $2,790. 
EIGHTCAP:XAUUSD
by ChartMage
GBP/USD Climbs to 1.2960, Dollar Under PressureGBP/USD trades around 1.2960 in Thursday’s Asian session, extending gains for a third day as the US Dollar weakens with recession fears linked to Trump’s policies. The dollar faces further pressure after February inflation slowed more than expected, raising speculation of an earlier Fed rate cut. Headline inflation fell from 0.5% to 0.2% monthly and from 3.0% to 2.8% yearly, while core inflation dropped to 0.2% monthly and 3.1% yearly. Markets now await US PPI and jobless claims data for further economic signals. If GBP/USD breaks above 1.2980, the next resistance levels are 1.3050 and 1.3100. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
Yen Supported by BOJ TighteningThe Japanese yen stabilized around 148 per dollar on Wednesday, recovering after two days of declines as a weaker US dollar offset trade conflict concerns. Trump vowed more tariffs after the EU and Canada retaliated against his steel and aluminum duties, escalating tensions. The yen remained supported by expectations of further BOJ rate hikes, driven by strong wage growth and inflation. Japanese companies approved significant wage increases for the third year, boosting consumer spending and giving the BOJ more flexibility for future hikes. Key resistance is at 149.20, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00. 
by ChartMage
Weekly Support is around 80000.Weekly Support is around 80000. However, 72500 - 73000 is its previous breakout level & probably a Best Buying Rage (if it touches) which is also a Confluence area of Trendline Support+Important Fib. level. Bullish Divergence on Shorter Time Frame + Weekly Support around 80000 (if Sustained) may push the Price up towards 87000 & then around 95000 - 96000. Ultimate Resistance is around 110000. Crossing this level may open new Highs Targeting around 136000. On Shorter Timeframe, 85000 - 86000 is the Immediate Resistance & Support is around 80000.
BINANCE:BTCUSD
by House-of-Technicals
Fed Expectations Increase Silver PricesSilver surged to nearly $33 as the US Dollar fell sharply, with the DXY dropping to 103.35, its lowest in four months. Concerns over Trump’s tariff policies and their impact on the US economy fueled the dollar’s decline, supporting demand for silver. Investors now await US CPI data for February, which could influence Fed rate expectations. A slower inflation rate may increase the likelihood of a May rate cut, with odds rising to 51% from 37% in a day, further supporting Silver’s appeal as a non-yielding asset. If silver breaks above $32.75, the next resistance levels are $33.15 and $33.80. On the downside, support is at $31.00, with further levels at $30.20 and $29.75 if selling pressure increases.
FOREXCOM:XAGUSD
by ChartMage
Recession Fears Support Gold's StabilityGold held steady above $2,910 per ounce, maintaining a 1% gain. Investor sentiment shifted after Trump reversed his plan to double tariffs on Canadian steel and aluminum, just hours after the announcement. Ontario Premier Doug Ford also paused a 25% surcharge on US electricity exports. Trade uncertainties and US recession fears continued to support gold, though geopolitical tensions eased as the US restored military aid to Ukraine following a 30-day ceasefire agreement with Russia. Markets now focus on upcoming US CPI data for clues on the Fed’s rate outlook. Key resistance stands at $2,923, with further levels at $2,955 and $3,000. Support is at $2,860, followed by $2,830 and $2,790.
EIGHTCAP:XAUUSD
by ChartMage
Dollar Weakness Supports GBP Near HighsThe British pound held around $1.29, near a four-month high, as dollar weakness persisted on US economic concerns and tariff risks. Sterling was supported by expectations that UK rates will stay higher for longer, with traders pricing in only 52bps of BoE cuts in 2025. UK’s monthly GDP data for January and the Office for Budget Responsibility’s economic and borrowing forecasts on March 26 are now awaited, which could impact market sentiment. If GBP/USD breaks above 1.2950, the next resistance levels are 1.2980 and 1.3050. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
Eurozone Spending Plans Boost EuroThe euro surged past $1.09, its highest in four months, gaining 5% since early March. This rally was driven by Eurozone plans to expand deficit spending, stimulating growth prospects. Germany pushed for a €500 billion infrastructure fund, while France and Italy supported joint EU funding for economic and military initiatives. The ECB signaled a shift toward a less restrictive policy after last week’s rate cut, suggesting the easing cycle may be nearing its end. Meanwhile, US economic concerns pressured the dollar, further lifting the euro. Key resistance is at 1.0950, followed by 1.1000 and 1.1050. Support stands at 1.0800, with further levels at 1.0730 and 1.0650.
by ChartMage
Yen's Rise and the Risk of Currency VolatilityThe Japanese yen strengthened to 147 per dollar on Tuesday, its highest in five months, as US recession fears drove investors to long-term trusted assets. Trump's reluctance to dismiss recession risks, along with trade policy uncertainty, added to yen demand. Japan's economic outlook weakened as Q4 GDP growth was revised down to 2.2% from 2.8%, reflecting weak private consumption. Despite this, the BOJ is expected to keep rates steady in March, with potential hikes later. Finance Minister Shunichi Kato cautioned against excessive currency volatility amid the yen’s rapid gains. Key resistance is at 149.20, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
by ChartMage
TradeCityPro | Bitcoin Daily Analysis #30👋 Welcome to TradeCityPro! Let's dive into the analysis of Bitcoin and key crypto indices. As usual, today I will review the futures triggers for the New York session. ✨ Yesterday, our short trigger was activated, and we were able to open a good position. We also have a trigger today, so let's go through the analysis to check these triggers. ⏳ 1-Hour Timeframe As I mentioned yesterday, if the break of the 83151 area was fake, you could have entered a position at the trigger of 821288, which indeed happened. This trigger was activated, and the price moved down to the area of 77598. Currently, the price has moved up again and has made a correction up to the 821288 area again. 💥 This trigger was for one-time use, and we opened a position with it yesterday, so I have removed it from the chart since we no longer need to use it and the price has not reacted to it anymore. ✅ Currently, I am waiting to see what new structure the price will form, from which area it will reject, and what structure it will create. For now, to consider a long position, we must first wait for this new structure to form. If this structure does not emerge, you can enter a long position if 83151 breaks again. 🔽 For short positions, the situation is quite clear: if the floor of 727598 breaks, you can enter a short position targeting 72753. An important note about the recent upward movement is that market volume is decreasing, indicating a weakness in the trend, and it seems that the power still lies with the sellers. 💫 The RSI has risen above the area of 50. If it goes back below 50, you can take that as a confirmation of momentum for a short position. 👑 BTC.D Analysis Let's move on to the analysis of Bitcoin dominance. Finally, dominance has exited the small range box that was formed between the areas of 61.07 and 61.61, and it broke this box upwards as the market fell. 🎲 This situation caused the altcoins and indices like Total2 to fall more than Bitcoin itself. As you can see, dominance has approached the very important resistance area of 62.19. If dominance can stabilize above this area, the next resistance for dominance will be 62.66. 🧩 The trigger for Bitcoin dominance turning bearish is still the area of 61.61 for now. 📅 Total2 Analysis As you can see, our trigger in the area of 1.01 was activated yesterday, and Total fell to $953 billion, finally falling below $1 trillion after a long time. ☘️ Currently, after the breakdown and the price reaching a lower support, we witnessed a reaction from the buyers that caused the price to rise slightly. Now it seems that the price is setting a lower high compared to its previous high. If this event occurs, with the break of the area of 953, we can open a short position. ⭐️ However, for long positions, I am currently waiting for the chart to form a new structure. If there is a sudden upward movement without significant structure formation, the only trigger for a long position remains the break of 1.01. 📅 USDT.D Analysis Let's move on to the analysis of Tether dominance. As you can see, Tether dominance also experienced a breakout yesterday, breaking the area of 5.49 and moving upwards. The resistance that was above dominance was at 5.86, which dominance did not reach but came close before moving downwards again. 🧲 Currently, it seems that dominance has re-entered below the area of 5.49. If it can consolidate below this and break its ascending trendline, we can say that the increase in Tether dominance will finally halt. In this case, dominance could move lower, and the market might undergo a slight bullish correction. ❌ 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
9
Brent Crude Struggles at $69 as Global Demand Risks MountBrent crude hovered around $69 per barrel on Tuesday as concerns grew that U.S. tariffs could slow economic growth and weaken oil demand. Tariffs imposed by President Trump on major suppliers like Canada and Mexico, along with China’s retaliatory measures, heightened fears of a global slowdown. China’s deepening deflationary pressures further weighed on crude prices despite stimulus efforts. On the supply side, Russia’s Deputy PM Alexander Novak confirmed OPEC+ plans to boost production in April but noted the decision could be reassessed if market conditions shift. Technically, the first support is at $68.1, with subsequent levels at $65 and $63.6. On the upside, the initial resistance is at $70.2, followed by $73.3 and $75.80.
BLACKBULL:BRENT
by ChartMage
Bitcoin Drops 27% from Record High Amid Market SelloffBitcoin fell to $78,000 on Monday, down 27% from its all-time high, as crypto and stock markets lost a combined $6 trillion. Crypto market capitalization dropped 4% to $2.67 trillion, its lowest since November 9, shedding $1.2 trillion since December 17. Bitcoin hit a multi-month low, falling from its January peak of $107,000. Stocks mirrored the decline, with the S&P 500 losing $1.4 trillion—its worst single-day drop since 2022. The sharp selloff reflects a shift from risk assets, with the Fear and Greed Index plunging to 14, a two-year low, signaling extreme risk aversion. This contrasts with last year’s post-Trump election rally, where the index peaked at 92. Technically, the first support for BTC is at $78k, with subsequent levels at FWB:73K and $65k. On the upside, the initial resistance is at GETTEX:89K , followed by $95k and $100k.
BITSTAMP:BTCUSD
by ChartMage
Trade Uncertainty and Fed Stance Keep Silver Prices ElevatedSilver held at $32.50 per ounce after a 4.4% weekly gain, as trade tensions and U.S. inflation data kept investors cautious. Uncertainty grew after Trump warned of new tariffs on Canadian dairy and lumber, following a U.S. delay on 25% tariffs for Canadian and Mexican goods. Canada upheld retaliatory measures, while China’s tariffs on U.S. agriculture took effect. Concerns deepened after Trump avoided recession and inflation questions in a Fox News interview. Fed Chair Powell signaled no rush for rate cuts despite rising economic risks. If silver breaks above $32.75, the next resistance levels are $33.15 and $33.80. On the downside, support is at $31.00, with further levels at $30.20 and $29.75 if selling pressure increases.
FOREXCOM:XAGUSD
by ChartMage
Gold Strengthens on Trade Tensions and Safe-Haven DemandGold prices climbed toward $2,900 per ounce on Tuesday, supported by a weaker U.S. dollar and rising safe-haven demand amid economic uncertainty and escalating trade tensions. President Trump acknowledged recession risks after the U.S. delayed 25% tariffs on Canada and Mexico, while China imposed new tariffs on U.S. agricultural goods. Meanwhile, Fed Chair Jerome Powell cited economic concerns but ruled out immediate rate cuts. Investors are now awaiting U.S. inflation data for further guidance on the Fed’s policy outlook. Key resistance stands at $2,923, with further levels at $2,955 and $3,000. Support is at $2,860, followed by $2,830 and $2,790.
EIGHTCAP:XAUUSD
by ChartMage
UK Budget Forecasts and GDP Data Set to Shape Pound’s Next MoveThe pound hovered around $1.29, staying near a four-month high as dollar weakness persisted amid U.S. economic concerns and tariff risks. Sterling remained supported by expectations that UK interest rates will stay high, with traders adjusting BoE rate cut forecasts to 52 bps for 2025. Investors now await January GDP data for economic insights, while the UK’s budget watchdog will release updated economic and borrowing forecasts on March 26, potentially influencing market sentiment. If GBP/USD breaks above 1.2920, the next resistance levels are 1.2980 and 1.3050. On the downside, support stands at 1.2860, with further levels at 1.2760 and 1.2660 if selling pressure increases.
by ChartMage
EUR/USD Flat Amid Market Uncertainty and Recession FearsThe EUR/USD pair remained stable on Tuesday, showing little movement as traders entered a data-heavy week in the U.S. markets. On Monday, global equities experienced a sharp sell-off, driven by rising recession fears, leading to broad market declines. However, EUR/USD traders are taking a cautious approach, awaiting key U.S. inflation data before committing to any major moves. Key resistance is at 1.0850, followed by 1.0900 and 1.0950. Support stands at 1.0730, with further levels at 1.0700 and 1.0650.
by ChartMage
Safe-Haven Yen Gains on Economic Risks, BOJ Policy UncertaintyThe yen rose to 147 per dollar, its strongest in five months, as US recession fears fueled safe-haven demand. Trump acknowledged economic risks, while Japan’s GDP growth was revised down to 2.2% from 2.8% due to weak consumption. The BOJ is expected to hold rates in March but may hike later this year. Finance Minister Kato warned of the real-world impact of FX volatility. Key resistance is at 149.20, with further levels at 152.00 and 154.90. Support stands at 147.00, followed by 145.80 and 143.00.
by ChartMage
TradeCityPro | Bitcoin Daily Analysis #29👋 Welcome to TradeCityPro! Let's dive into the Bitcoin analysis and the key crypto indicators. In this analysis, as usual on Mondays, I will also review last week's weekly candle for you and examine the long-term scenarios. 📅 Weekly Timeframe In the weekly timeframe, as you can see, the candle that closed yesterday is a completely bearish candle that registered without a shadow and a large body, and the price has again reached the 0.382 Fibonacci area. ✨ Since this candle was within the previous candle and did not show more volatility, we can say that the market will range in the upcoming candles because the volatility range of the chart has decreased. Therefore, the likelihood that the next candle will be a range is very high. 💫 However, if the market wants to fluctuate, the 0.5 and 0.618 Fibonacci areas, which overlap with the 75000 and 71000 areas, can act as supports in case of a decline. For a market upturn, the significant areas are 90000 and 104000. 📊 The market volume has also been bearish in the last two candles and in favor of the sellers, but an important point is in the RSI. The area at 44.20 is a very important support that has started the next upward leg each time the RSI has reached this area during this uptrend. ✅ Breaking this area in the RSI would mean the loss of market upward momentum and we would receive the first sign of a trend change. 📅 Daily Timeframe In the daily timeframe, after breaking 92354 and the price pulling back to this area, the price has moved downward and has again reached the support range between the 0.5 and 0.618 Fibonacci. 🔽 If this range is lost, the price will move towards further support areas like 72753. 🎲 Market volume has also increased last week, which is because the price has finally exited the box between 92354 and 106283, and more volume has entered the market. ☘️ If the price is supported by the Fibonacci range and moves upwards, the main trigger for confirming a trend change will be 92354. ⭐️ The current main resistance area in Bitcoin is at 106283, and breaking this area could potentially lead to further movements and the recording of new ATHs. ⏳ 4-Hour Timeframe In the 4-hour timeframe, as you can see, after breaking the trend line, the trigger was activated, and the price moved downward yesterday. 📉 I told you yesterday that the price could drop to the 83151 area. As you can see, this has happened, and the price has even fallen more than 83151 and now seems to be pulling back to this area. Let's move to the one-hour timeframe to check today's triggers. ⏳ 1-Hour Timeframe In the one-hour timeframe, as you see, after breaking 85552, the price made a downward move and dropped to around the 80000 area. 🔽 Currently, the price has moved towards the 83151 area and, after a fake break, has returned below this area. 🧩 If the price reacts to the 83550 area again, I will move the 83151 line, but if this break is a fake, a downward momentum could enter the market, and in this case, with the break of 81288, we can open a short position. 👀 The current main support that the price has is at 78940, and breaking this area would also register another corrective leg. 👑 BTC.D Analysis Let's move to the analysis of BTC.D. As you see, yesterday dominance faked above its range box and after breaking 61.61 moved downward again, and now it can move downward with more momentum. 💥 The main trigger for the dominance to turn bearish is at 61.08; the next support in this case will be 60.40. For the dominance to turn bullish, our trigger remains the break of 61.61. 📅 Total2 Analysis Let's move to the analysis of Total2. As you observe, after the support at 1.07 was broken yesterday, Total2 made another downward leg and reached its main support at 1.01. As you see, Total2 is at a lower level than Bitcoin because yesterday, as the market fell, Bitcoin dominance increased, causing altcoins to drop more than Bitcoin. 🧲 The trigger for opening a short position today is the break of 1.01, and for now, we have no trigger for a long position and must wait until the price creates a suitable structure for a long. 📅 USDT.D Analysis Moving on to the analysis of Tether dominance, as you see, after breaking 5.14, we witnessed an upward leg that continued up to the ceiling of 5.50, and currently, a box has formed between 5.30 and 5.50. 🔑 If the 5.50 area is broken, we will see an upside expansion, and dominance might move towards higher targets. However, if dominance again falls below 5.30, it will move ❌ 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
23
TradeCityPro | Bitcoin Daily Analysis #28👋 Welcome to TradeCityPro! Let's dive into Bitcoin analysis and key crypto indices. As usual, I’ll review the futures session triggers for New York. ✨ Market conditions haven’t changed at all compared to yesterday, and Bitcoin has a ranging box that might break today. ⏳ 1-Hour Timeframe As you can see, in the 1-hour timeframe, after breaking the trendline, the 85552 trigger is crucial. If this level is broken, it confirms the trendline break, which means the price could move toward lower support levels. ✅ Currently, the price has broken this area, and the RSI trigger has also been activated. If you opened a position with this break, I recommend waiting to see from which area the price gets rejected. 🔽 For a short position today, there isn’t really any specific trigger, so if you don’t have a position, you should observe for now. However, if the 85552 break turns out to be fake, bullish momentum could enter the market. In that case, you can enter a position with a break of 86949. ⚡️ I don’t have any other moves for Bitcoin because the short trigger is already activated, and today is Sunday, so there’s no need to focus too much on altcoins. Let’s move on to dominance analysis to assess altcoins' conditions. 👑 BTC.D Analysis Looking at Bitcoin dominance, you can see that it is still ranging and hasn’t started any particular trend yet. 🧲 If 61.61 breaks, it confirms bullish dominance, while a break of 61.08 would confirm bearish dominance. The main range is between 60.40 and 62.19. 📅 Total2 Analysis Checking Total2, just like Bitcoin, this index has also activated its entry trigger and is moving downward. 🎲 Currently, after breaking the 1.07 area, the next support level is at 1.01, and the probability of reaching this level is high. If this downward move turns out to be fake, the 1.09 trigger would be suitable for a long position. 📅 USDT.D Analysis Looking at Tether dominance, you can see that after yesterday’s pullback to 5.08, the 5.14 trigger has been activated, and dominance is moving upward. 💫 The issue I mentioned yesterday was that there was no momentum, but now bullish momentum is visible. The target it can move towards is the 5.30 area. 📊 If the 5.14 break turns out to be fake, the 5.08 trigger would be suitable for confirming the fake break. 🧩 Overall, there aren’t any significant triggers in the charts today. If you didn’t open a position during the London session and want to have one, you should look for altcoins that haven’t activated their triggers yet. ❌ 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
1