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TOTAL2

TradeCityPro | Bitcoin Daily Analysis #13👋 Welcome to TradeCityPro! Today's analysis will focus on crucial futures triggers for the New York session as usual. The recent news of the Bybit exchange hack will also be discussed to see its potential future impact on Bitcoin. ⏳ 1-Hour Timeframe As you can see, before the news of the Bybit hack, Bitcoin was moving upward and had broken through the 98482 region. However, upon the news release, Bitcoin began a sharp downward move, reaching the floor of the box at the 95108 area. 🔍 Bybit was hacked for an amount of $1.5 billion, but it has been officially announced that the exchange can fully reimburse its users, indicating no long-term financial instability from the hack. The movement in Bitcoin seems to be a reactionary dip due to the sudden bad news, and I believe it won't have a lasting impact. ⚡️ However, what has become apparent is that the 95108 area is a very reliable and important region, which could become one of the key areas in the future. As you can see, I have maintained the triangle that the price had been reacting to over the past few weeks. If there is no reaction today, I will remove this triangle from the chart tomorrow since it appears that the price is more contained within the box between 95108 and 98482, and the expanding triangle is no longer visible. ✅ At this time, I cannot give a definite long trigger for futures as the 97816 trigger used previously has been removed. Such triggers lose their effectiveness after being activated once, and we need to wait for the price to form a new structure. 📈 A risky long position could be entered upon the breakout of 96516, which has already been activated. If you see a suitable candle with good momentum during a pullback to this area, you may consider entering. 🔽 For a short position, the very clear trigger remains at 95108. If this area breaks, I personally will attempt to open a short position as the strong reaction to yesterday's news demonstrated that this support could be very significant. 📅 BTC.D Analysis The situation hasn't changed much, and Bitcoin dominance has been ranging as in the past few 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
1
Not enough bull pressure; TOTAL2 on the vergeThe only hope is the total2 breaking 1.27T, which is unlikely to happen. Bulls pushed total2 from 1T to 1.22T, but they haven't managed to break the important resistance yet. We are seeing rejections, and we might soon see the start of bear pressure again. Even if total2 breaks 1.27T, the 1.7T resistance needs to be broken to have the potential for an alt season. For now, as I said, this resistance must be broken, and if it is, we can see the bulls pushing to break 1.7T. Otherwise, if nothing happens soon, total2 can fall to the previous low range, losing 1T. The 950B and 850B supports are crucial, and if they are lost too, 600-650B will likely be touched. This will also complete the inverted Head & Shoulders pattern in the higher time frame.
CRYPTOCAP:TOTAL2
by MISANTHROPE3
1
TradeCityPro | Bitcoin Daily Analysis #12👋 Welcome to TradeCityPro! In today's analysis, as usual, I want to review important futures triggers for the New York session. Today's analysis reaches you a bit earlier than usual because the price is at a very critical area, and I want you to have this analysis in case this area breaks. ⏳ 1-Hour Timeframe As you can see in the 1-hour timeframe, after the fake break of 95108, a very strong bullish momentum entered the market, and as you can see, the volume and the number of green candles are much higher than the red ones, indicating the strength of the buyers. 🔍 The first trigger we had in this bullish wave was at 96446, which was activated two days ago and has given us very good profits so far. I mentioned yesterday's trigger to you as well; in case of breaking the expanding triangle and activating the trigger at 97816, you could open a risky long position, and the main trigger is 98482. Yesterday's trigger has also been activated and is still in profit, and today we have a very good trigger for long, which can help us open a position. 📈 Today's trigger for long is 98482, which can be a very suitable trigger, and if this area breaks, the first target is 99946 and the second target is 101819. I'm not removing the expanding triangle from the chart yet because if the price does a fake breakout of 98482, we can revert to the triangle structure. Therefore, I will keep the triangle on the chart until 98482 is broken. 📅 BTC.D Analysis Let's go to the Bitcoin dominance. As you can see, the situation with dominance hasn't changed much compared to yesterday and is still fluctuating between the areas of 61.49 and 61.04. 📊 Breaking any of these areas could define the next leg of the price, and if 61.04 breaks, the price chart could move down to 60.48. On the other hand, if the area 61.49 is broken, the price could move up to 62 percent. 📅 Total2 Analysis Moving on to the analysis of Total2. Total2 has not yet activated its appropriate long trigger while Bitcoin dominance has been ranging, but Total2 still hasn't activated its long trigger in the area of 1.24, and the position you open on altcoins can be confirmed if 1.24 breaks. 🔽 For short positions, you can enter a short position if 1.22 breaks and confirm it for altcoins. Keep an eye on Bitcoin dominance to decide which one between Bitcoin and altcoins is better for opening positions. 📅 USDT.D Analysis Finally, the Tether dominance has reached a very important support area. This area was at 4.46 yesterday, but due to the reaction dominance had to this area and it slightly moved, it has now shifted this area to 4.45, and if this area breaks, you can enter a position where your first target will be 4.40. 🔑 On the other hand, if the dominance starts to move upwards, you can confirm a short position with a break of 4.52, which in this case, the price can move up to 4.62. ❌ 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
TradeCityPro | Bitcoin Daily Analysis #11👋 Welcome to TradeCityPro! In this analysis, as usual, I'll review the appropriate futures triggers for the New York session. 🔄 Yesterday, the market activated the long trigger and rose from the box's floor, so before delving into today’s analysis, I’ll also review this trigger for you. ⏳ 1-Hour Timeframe Yesterday, the trigger I had set at 964446 was activated and provided a very good position. The top line of the Expanding Triangle is also being broken, and the trigger for breaking this triangle will be at 97816. ⚡️ If, concurrently with the break of the triangle's upper line and the trigger of this triangle, volume also increases, we can say that bearish momentum has entered the market and the price might finally exit the range box it has formed. 🔼 The main trigger is the break of the box’s ceiling at 98482, and if this area is broken, we can confirm the price’s bullish trend. 📊 For a long position, the appropriate trigger seems to be breaking 97816, and I personally am waiting for this trigger. A break of 65.46 in the RSI would give me a momentum entry trigger. 📉 For a short position, we must first wait for the bullish momentum in the market to dissipate and wait for bearish momentum to arise and create a short trigger structure. Until then, the short triggers will be from 96446 to 95108. 📅 BTC.D Analysis Let’s move on to the analysis of Bitcoin dominance. Yesterday, dominance was ranging, and almost no difference was noted from the previous day, but I've adjusted the area from 61.10 to 61.04. If this area is broken, dominance could move downward toward 60.48. 🔑 For an increase in dominance, if 61.49 is broken, we can expect the upward trend to reach 62%. 📅 Total2 Analysis Moving on to Total2. Yesterday, the trigger at 1.21 was activated, and this index is moving upward. The next resistance that price could face is at 1.24, and if this resistance is broken, Total2 could move up to 1.28. Conversely, if Total2 moves downward again, the short trigger will be at 1.19. Keep an eye on Bitcoin dominance to decide whether to open positions on altcoins or Bitcoin. 📅 USDT.D Analysis Let’s discuss Tether dominance. In this chart, our trigger from yesterday, 4.55, was activated like Total2, and this area was broken. Currently, the next support for Tether dominance is at 4.46. If 4.46 is broken, the next area will be 4.40, and for confirming a long position, you can use the break of these supports. Conversely, for a short position, if 4.62 is broken, Tether dominance will increase, indicating that the market will be bearish. ❌ 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
8
Altcoin Golden Cross Formed Last Week - First Time in 4 YearsTrading Fam, You are probably tired by now of seeing all the hopeful headlines, predictions, and analysis while altcoins continue to descend. I am too. Therefore, I am going to sound a little more pessimistic in this post. Some call this 'realistic' but whatever ...semantics. While I am hopeful that an altseason will occur, I am also beginning to become less and less convinced that anything like we experienced in the past will occur again. The longer we go without seeing the beginning of our altcoin cycle, the more time altcoins have to dilute the capital pouring into the market. There are just so many altcoins to choose from now and literally hundreds or thousands more are being created weekly by way of memecoins. As the meme on my chart illustrates, those pouring in are spreading their resources out much more thinly now because there is so much more to choose from than there was in 2021. Therefore, what pump we may see in our own investments may not equate to what we expect. And if we are not careful to pick the right coins, it may not even equate to the average profit that was realized in the altcoin market in 2021. So, here's the deal. By now, you may or may not be aware that a couple of weeks ago our altcoin charts showed us something we haven't seen in over four years! It was the golden cross. This event occurs when our 100 DMA crosses above our 200 DMA. In this case, white represents the 100 DMA and red represents the 200 DMA. They are both SMAs. This event is supposed to be an amazing indicator and a lot of analyst were using it to say that we that our altcoin season has now begun. This very well could be the case, but also, we could drop further and use one of those moving averages as support before any real bounce occurs. Furthermore, past history should never dictate current. History may not in fact repeat and altcoin season may not occur at all. It doesn't have to. Maybe this time we don't get one? This is simply something we should realistically consider. Now if it does occur, excellent! This is what I personally have been banking on. So, the other thing I want to discuss a little bit more is what actually occurred in the altcoin market last time this happened in 2021. You can see from the chart, that once the golden cross occurred, the race was on. Price essentially continued up through May, dipped from May through July and then continued up again from July through November. So, if you held from the beginning of the cross to our peak in November, you would have realized average altcoin gainz of around 500% (or 5x). Now, let's say the same thing occurs this year. Our golden cross occurred two weeks later this year than it did in 2021 but I don't think that makes much of a difference. Essentially, if this altcoin season is truly beginning right now, we'll have about 9-10 months of upside with the potential of a big dip somewhere there in the middle. That dip in 2021 was about a 60% drop from top to bottom and paper hands folded quickly during that time thinking the top was in. If similar price action occurs this year, then we may have 9-10 months to capitalize on alts but again, with a huge exception ...only the best of the best in alts will perform up to this 5x standard or better. You know, stuff like Doge, XRP, SOL, ETH (yes, I said ETH), etc. The OG classic boomer alts. But what about memecoins? IMO, a select few memecoins could still do very well, however, we have to be honest here. We are playing roulette. Despite what Murad and others on X continue to preach about belief and conviction and religiosity of the coin, the number of holders, yada yada yada, in the end, we have to be honest with ourselves or we will lose money. Memecoins are simply a big casino. Some will do very well and make their millions. You'll hear from these lucky bastards incessantly I am sure. The fact that they turned 100 dollars into $100,000,000 will be advertised on X and other social media platforms ad nauseam. You will want to go throw up because you were at one time in one of these memecoins too. And then you sold. And these are the stories you won't hear. You won't hear about how many failed. You won't hear about how many degens went broke chasing this imaginary illusion, this pipe dream, of unlimited wealth filled with lambos and yachts with girls. You won't hear that most memecoin traders lost money rather than gained. I don't want to end too pessimistically here because I am playing the memecoin game too. I'm in the casino and spinning this wheel. Maybe one day I'll be one of those lucky bastards that wins. As of today, that is certainly not the case (just being honest) and I certainly don't stake my life savings on it. So, all I am suggesting here once again is to be cautious. Have fun. Play the game if you wish and I hope you win. But also, be careful, pick only the best of the best, and NEVER risk more than you can afford to lose. Here's to hoping this is truly the beginning of another altcoin run. ✌️ Stew
CRYPTOCAP:TOTAL2Long
by stewdamus
TradeCityPro | Bitcoin Daily Analysis #10👋 Welcome to TradeCityPro! Let's analyze Bitcoin and key crypto indices, focusing on the suitable futures triggers for today's New York session. Yesterday, we could have opened both short and long positions, which would have been profitable. ⏳ 1-Hour Timeframe Before starting today's analysis, let's review the triggers from yesterday and see which ones were activated. The 95108 trigger, which we've been waiting for a break, was finally breached yesterday, and I personally took a position in a shorter timeframe, achieving a risk to reward ratio of 3. However, the hourly timeframe didn't provide a very accurate position, and if you hadn't moved to a shorter timeframe, you probably would have missed this move. 📣 I've also adjusted the lower line of the Expanding Triangle because, as you see, yesterday's downward movement continued down to 93899, and with the new line I drew, this area coincides with the bottom of the triangle, and overlapping these two areas, the price has moved upwards, effectively invalidating the entire downward move. 🔍 But the point is that with this change, we can say the Expanding Triangle no longer exists, and the price is more moving in a descending channel. I tried to draw the channel using the parallel channel tool, but it didn't turn out well, so the two trend lines I've drawn now seem to be the best possible arrangement. 🔄 This morning, if you were following along and looking to open a long position, you could have done so with a fake breakout and pullback to this area, which would have also yielded a good profit if opened in shorter timeframes. 🧩 As for today's triggers, we have 96382 for long positions, which the price is very close to, and it's possible that by the time I publish this analysis, this trigger might have been broken. If this trigger has been broken at the time of publishing this analysis, the next triggers will be 97816 and 98482. 🔽 For short positions, the 95108 area still seems appropriate to me. The price has pulled back to this area this morning, and if it returns to this area again, it could be a good trigger for a short position. On the other hand, the RSI has also crossed the 55.79 area, which could be a good confirmation for a long position, and we currently have RSI confirmation for upward momentum. 💥 If the RSI can activate its triggers, we can make the most of the upward momentum that has entered the market. The reason I'm using the RSI today, unlike previous days, is that a strong downward momentum entered yesterday, causing the price to fall to 93899. ⚡️ Now, upward momentum has entered, reversing this downward movement and returning above the 95108 support. This means the market's momentum has reversed, and the long momentum trigger has also been activated. 📅 BTC.D Analysis Bitcoin's dominance reacted very well to the areas we identified yesterday and has formed a range box between 61.10 and 61.49. Currently, dominance is at the bottom of the box, and if it breaks 61.10 along with activating the long trigger, opening a long position on altcoins will be better than on Bitcoin. For long positions on altcoins in Total2, I will specify the triggers you can use. ✅ However, if at the same time the long trigger is activated, the 61.49 area is also broken, Bitcoin itself will be better for longs than altcoins. If the market turns short and Bitcoin dominance falls, Bitcoin itself will perform better than altcoins, and the downward target for Bitcoin dominance remains 60.48, while if 61.49 is broken, the upward target will be 62%. 📅 Total2 Analysis Let's look at the Total2 analysis. Yesterday, the short trigger for Total2 was activated, and since Bitcoin dominance was also increasing simultaneously with this drop, a short position on altcoins would have offered better returns. For example, the coin GRT would have given a better entry than Bitcoin. 🔑 But today, the trigger we have for Total2 for longs was 1.21, which has already been breached, and the price has closed above this area. However, if you want to hold a long position on altcoins, if the price pulls back to this area, you can open a long position. 🔼 I recommend that if Bitcoin dominance increases, ignore Total2 and open a long position on Bitcoin. But if dominance starts to fall, try to open a long position on altcoins during a pullback or whatever other setup you know to open positions. ✨ For short positions, the 1.19 area is still very suitable, and like Bitcoin, Total2 has also pulled back to this area, showing it is still important and valid. 👀 Note that as long as Total2 is between the 1.1 to 1.28 box, all positions you open in the market are considered risky, and you should quickly secure profits and focus on low risk-to-reward ratios like two or three. Don't leave positions open hoping for higher risk-to-reward ratios, as this could cause you to lose the profits you have. 📅 USDT.D Analysis Let's move on to the USDT.D analysis. This index broke the 4.62 area we had marked as a target, but it was a fakeout, and now it seems downward momentum has entered. The trigger for this index was 4.55, like Total2, this trigger has been activated, and the next trigger I see now is 4.46. 💫Again, if you get a suitable confirmation from Bitcoin dominance, try to have long positions on altcoins in the pullback of Total2 and USDT.D to the areas they've broken. If Total2 starts to fall and USDT.D breaks the 4.62 area, it's a very good trigger for short positions, and depending on Bitcoin's dominance, you can choose the appropriate coin to open positions on. ❌ 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
5
TradeCityPro | Bitcoin Daily Analysis #9👋 Welcome to TradeCityPro! Let's dive into today's Bitcoin and key crypto indices analysis. We'll review today's triggers for the New York session. ⏳ 1-Hour Timeframe Hourly Time Frame The triggers I provided yesterday remain unchanged and none have been activated yet. I've slightly modified the long trigger, but the short trigger remains the same as yesterday. Let's review these triggers. 🔽 For short positions, the 95108 area is still excellent and a very strong zone. The candle from three hours ago reacted well to this area, so if it breaks, I personally will attempt to open a short position targeting the bottom of the Expanding Triangle or 92702. The market volume, as you see, is decreasing, which doesn't strongly signify trend strength. 📊 As you know, during the initial drop when the price approached the 95108 area, there was an upward volume, but currently, as the price is falling, the volume is decreasing, indicating a weakness in sellers' strength and potentially the trend. However, I will still open a position if 95108 breaks, and if the declining volume persists, I'll reduce the risk of the position and enter with less capital. ⚡️ For long positions, we have a new trigger at 96849, which reacted very well yesterday with a large engulfing candle that engulfed all of the previous day's candles, injecting significant momentum into the market. Therefore, open a very risky long position if 96849 breaks. 👀 Keep in mind, the main long position will be after the Expanding Triangle breaks, and one of the triggers 97816 or 98482, with the first being riskier and the second more secure. 📅 BTC.D Analysis BTC Dominance Analysis Let's move to the analysis of Bitcoin dominance. In yesterday's analysis, I mentioned that if dominance could stabilize above the 60.95 area, it could ascend and move higher. This has occurred, and in addition to breaking 60.95, the 61.10 area has also been breached, and currently, it seems dominance is pulling back to this area. ✨ As you can see, before this, the 60.48 area, which confirmed the dominance's downward trend, was also active, but it couldn't stabilize the price below this area, and with an engulfing candle, it moved back up, initiating this upward move. 💥 Currently, the next resistance for Bitcoin dominance is at 61.49, and we need to see if the price reaches this area and how it reacts. 📅 Total2 Analysis Total2 Analysis As you can see in the Total2, we have a very long-term range box from 1.16 to 1.28. ✅ Yesterday's triggers for Total2 were activated, and both 1.24 and 1.23 were broken, which, with the increase in Bitcoin dominance, means that altcoins have provided more profit in short positions compared to Bitcoin. 🔑 Currently, the next trigger for Total2 is 1.19, and we need to see if it can break this support. For long positions, we don't have a specific trigger yet and must wait for the price to form a new structure to see which area it reacts to. Until then, the main short long trigger will remain at 1.28. 📅 USDT.D Analysis USDT Dominance Analysis As observed in the Tether dominance chart, I mentioned yesterday that if the descending trendline is broken, we can expect an increase in Bitcoin Tether dominance up to a ceiling of 4.62, which has occurred. 🛎 If the 4.62 area breaks, the next target will be the 4.75 area, a significant ceiling in Tether dominance. Conversely, if dominance is rejected from this area and moves downward, the 4.48 area will still be a suitable trigger for a downward trend in Bitcoin dominance, with the main support for Tether dominance at 4.40. ❌ 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
8
TradeCityPro | Bitcoin Daily Analysis #8👋 Welcome to TradeCityPro! Let's delve into the Bitcoin analysis. Today is Monday, the start of the week, so let's check out the weekly and daily timeframes for Bitcoin to see what happened last week and how the weekly candle closed. 📅 Weekly Timeframe The scenario I mentioned before still stands in the weekly timeframe. If the price stabilizes below 93,419, we can expect further corrections. The initial correction targets remain at 82,000 and then 71,000, which are still relevant. 🔍 On the other hand, if the ATH area, which is a resistance at 105,000 in the weekly timeframe, is broken, the price could start its next bullish leg. If this resistance breaks, I will update the analysis as usual and include Bitcoin’s next ATH targets. 📊 The market volume is still decreasing. The candles are also becoming smaller and smaller. As you can see, last week's candle hardly showed any fluctuation, indicating very minimal price range. ✨ That covers everything for the Bitcoin analysis in the weekly timeframe. Since the RSI hasn't activated any triggers yet, it's better to move on to the daily timeframe to see what has happened there over the past seven days. 📅 Daily Timeframe The main supports and resistances in the daily timeframe are at 92,470 and 106,212, unchanged from last week. 🧩 However, the change is in the support at 96,312, which I mentioned last week could be a good area for the price to form a higher low and move towards the ceiling. This support has slightly shifted and is now at 95,601, which is still a significant support for the price. If supported at this level, and if it forms a higher low relative to 92,470, the price could move towards the ceiling of 106,200. In this case, if it can form a higher ceiling, the likelihood of breaking 106,212 will increase. 🔼 The early trigger for opening a long position that we discussed last week worked out well, and in the daily timeframe, if the price can stabilize above 98,061, we can expect it to form a higher low and move towards the main resistance at 106,212. 💥 The market volume, as I mentioned in previous analyses, has decreased significantly and has reached its minimal possible state. When the market volume decreases, the chart can move more easily. So, again, as I mentioned in the previous analysis, be ready behind the chart in these few days because movements after such low-volume ranges can be very volatile and can help you open profitable positions. ⚡️ Now that we've reviewed the weekly and daily timeframes, let's move on to lower timeframes and identify suitable futures triggers. ⏳ 4-Hour Timeframe We have an expanding triangle in the four-hour timeframe, and the price has been reacting well to it. Yesterday, it was rejected from the triangle's ceiling, which could have provided a good position. I will show you this position in the one-hour timeframe. 👀 The support at 95,108 remains very important, and I suggest that if the price reaches this area and you want to break it, have a short position ready. For long positions, I still believe that the triangle's trendline must be broken from above, and in that case, the triggers at 98,482 and 99,946 would be suitable. 🚀 The first target for these positions, as a scalp, is 101,819, and their main target is 105,928. The short position target could be the bottom of the triangle or the area at 92,702. 🔑 The market volume has increased slightly in this timeframe. As you see, and as I mentioned yesterday, after the volume reaches its minimum, the price will definitely make a move in one direction, which I will specify in the one-hour timeframe how we could have taken our position. ⏳ 1-Hour Timeframe Let's move to the one-hour timeframe. First, I want to review the position the market gave us yesterday, and then we'll see what today's trigger will be. 🔄 About an hour after I published the analysis yesterday, the support at 97,110 broke, and with this break, we could have opened a short position that could still remain open, and I suggest you make it risk-free because, as I said yesterday, this position is very risky and the maximum target we can consider for it is 95,308. 📈 However, I personally would save the profit and not allow it to remain open any longer because it was opened as a scalp. The trigger for the long position at 97,816 was not reached and was not activated. 🔽 But today, I don't have a special trigger for a short position, and 95,108 is the only trigger that we were waiting for last week to be broken, but this did not happen. Here in the market volume, we can see in more detail that after breaking the 97,110 area, it increased significantly, and currently, with the price starting to range again, the market volume has decreased again. ✅ For long positions, first wait for the price to return above 97,110 and see which area it reacts to, and we can specify our next trigger tomorrow. But if the price comes up unidirectionally, you can open a short position with the breaking of 97,816 or 98,482. 🧲 Be careful because the price moved a bit yesterday, it might range today. So make sure you only open positions with triggers you are sure about, not risky triggers. 📅 BTC.D Analysis Let's move on to Bitcoin dominance. We specified a very good resistance for Bitcoin dominance yesterday at 60.95, and as you see, Bitcoin dominance reacted very well to it, hitting this area several times with a shadow point and then dropping again, and it is now back to its support at 60.48, which is very important. If 60.48 breaks, the dominance could drop to 59.84, as mentioned in previous analyses, and in this case, if short positions are activated, their triggers within Bitcoin could allow us to open a very good short position on Bitcoin. 💣 But if at the same time as the activation of these triggers, the dominance increases and the resistance of 60.95 breaks, short positions on altcoins would be better than on Bitcoin. 📅 Total2 Analysis Let's move on to the Total2 analysis to see what suitable triggers will be for opening positions on altcoins. 🛎 The Total2 trigger was activated yesterday as you see at 1.24, which I said you could open a position with it riskily. However, as you see, the price has engulfed all the downward movements and returned up. However, I had said that this position was to be opened riskily and as a scalp, and if you opened a position with the trigger, quickly close your position. 📚 However, as you saw, Bitcoin still has a better bearish structure compared to Total2, and the reason is that Bitcoin dominance was bearish simultaneously with breaking the bearish areas, and if you had opened a position on Bitcoin, you would have made more profit, and now the position would still be open, but Total2 has returned all its upward movement and seems to want to form an upward structure. For now, I won’t change the 1.24 area and want to see what structure the price creates today and which ceiling it reacts to, and tomorrow I will change the location of this area for you. 📉 For short positions, you can open a position with the breaking of 1.23, but be aware, as you saw yesterday, altcoins did not drop much compared to Bitcoin, so if Bitcoin dominance is rising, you can open positions on altcoins. Otherwise, if the dominance is bearish, the short position you open on Bitcoin will give more profit. 📅 USDT.D Analysis Yesterday’s trigger for Tether dominance at 4.48 was activated, and Tether dominance had an upward move or leg, which was not very strong in terms of upward momentum and does not seem to be continuing. 💫 We can draw a trend line in this chart that the price has currently hit and seems to have been rejected. In this case, if the 4.48 area, which is now acting as support, is broken again, the price could drop to 4.24. Otherwise, if the price can break the downward trendline, we can expect Tether dominance to move up to 4.62. ❌ 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
5
TradeCityPro | Bitcoin Daily Analysis #7👋 Welcome to TradeCityPro! Today, we are going to review Bitcoin's futures triggers for the New York session. The market hasn't moved much since yesterday, but we have a risky trigger that might serve as a good opening for today's positions. ⏳ 1-Hour Timeframe As mentioned, we're observing a long-term range box that started in early February, and currently, Bitcoin is oscillating within an expanding triangle. Yesterday, the price reacted strongly to this triangle, validating it as a critical zone for setting positions. 🔍 Because of this, I've added a risky long trigger at 97,816, which could precede the 98,482 trigger. This is risky because if the price is rejected at 98,482 after breaking 97,816, your stop-loss is likely to be hit. Enter this position with the understanding that you are anticipating the 98,482 break. If this resistance isn't broken, your position might not yield profits. 🔽 For shorts, the 97,110 trigger mentioned yesterday hasn't activated yet. This trigger is still valid for shorts but remember, like the long position at 97,816, it's risky and targets the range box bottom, so manage your risks carefully. The main triggers remain at 98,482 for longs and 95,108 for shorts. 📊 Market volume has decreased significantly, suggesting a sharp price movement is impending. Stay alert and ready to act on the triggers as the market will likely make a decisive move soon. 👑 BTC.D Analysis As forecasted, if Bitcoin dominance managed to stabilize above 60.71, we expected a further upward correction and deeper pullback, which has occurred. The price broke through this area, pulling back up to 60.95 and forming a significant ceiling. 🧩 If this area is breached, we can take an early sign of a rising Bitcoin dominance, but the main trigger remains at 61.10. The best trigger for a continued downtrend is still 60.48; breaking this could herald the next bearish leg in Bitcoin dominance. 📅 Total2 Analysis As stated yesterday, breaking 1.24 would have been a cue for a risky short position, but the price has not consolidated below this level and has twice rebounded off this support. ✨ Thus, this level has become a more critical threshold for shorts. Should this area break, it could be a good time to enter a short position, particularly if Bitcoin dominance is also rising, suggesting a potential downturn for altcoins as well. 📈 The main long position remains with the breakout at 1.28, and there are no other significant long triggers in the chart. For risky shorts, levels 1.2 and 1.19 are suitable, with the primary short trigger still at 1.16. 📅 USDT.D Analysis As mentioned yesterday, a breakout at 4.47 could lead to increased Tether dominance, but I've adjusted this trigger to 4.48 today due to unclear price action around the former level. 🔑 This remains a high-risk trigger, and the potential for it being displaced again is considerable. Be ready to adjust this line yourself if the price near this area shows significant reaction. ⚡️ Still, a definitive bullish signal for Tether dominance will only be confirmed above 4.62, while a decisive bearish turn would be confirmed by breaking below 4.40, which has become a significant support following substantial price reactions. If this level is breached, the target will be 4.24. ❌ 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
TradeCityPro | Bitcoin Daily Analysis #6👋 Welcome to TradeCityPro! Today, we're diving into Bitcoin's analysis, focusing on appropriate futures triggers for the New York session. ⏳ Hourly Time Frame 1-Hour Timeframe As mentioned in previous analyses, Bitcoin remains in a crucial range box. Yesterday, we saw a fake breakout of the expanding triangle's upper edge, but the trigger at 98,482 was not activated, and the price did not stabilize above this area but was rejected. 🔍 Currently, our long position triggers remain the same at 99,946 and 101,819. However, a new short trigger has been added. The first short trigger is at 97,110, which is considered very risky and should not hold high expectations. 🔽 If you initiate a short position upon breaking this area, your target could be 95,108. As previously discussed, the main short trigger remains at 95,108. If you open a position at this level, the target could be the bottom of the expanding triangle or the area around 92,702. 📊 The market volume continues to decrease, indicating that a sharper and more significant price movement is imminent. 👑 BTC.D Analysis BTC.D Analysis Bitcoin dominance has broken the curve trendline, but currently, there is no significant upward momentum observed. If the price breaks and stabilizes above 60.71, we can take this as the first sign of a bullish trend. The main trigger remains at 61.10. 🧩 For a continued fall, an excellent trigger is at 60.48. If this trigger is broken, we can hope for dominance to reach 59.84. 📅 Total2 Analysis Total2 Analysis As discussed yesterday, if the price pulls back to 1.24, we can open a long position. This scenario occurred, and many altcoins moved upward. However, as mentioned, the target for this position was relatively small because it was opened as a scalp position. The main long trigger remains at 1.28. 🔽 For those who are risk-takers, you can enter a short position if the price breaks 1.24. But be cautious, this trigger is very risky. Other risky triggers are at 1.2 and 1.19. ⚡️ The main short position remains at 1.16. Keep in mind, Bitcoin's dominance shows more signs of falling, so if you are considering opening a short position, Bitcoin might perform better than altcoins. 📅 USDT.D Analysis USDT.D Analysis Let's look at the Tether dominance. We have an adjustment in the dominance support, which was previously at 4.44 but has been moved to 4.40 due to a strong price reaction yesterday. Currently, the main support for Tether dominance is at 4.40, and breaking this area could validate a long position. 💫 There is a very risky short trigger at 4.47, similar to the 1.24 trigger in Total2. If these two align, you might accept the risk and enter a short position with the minimum risk defined in your strategy. The target for this position is 4.62, while the target for a long position remains 4.24, which is also the main trigger for a trend change. ❌ 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
11
TradeCityPro | Bitcoin Daily Analysis #5👋 Welcome to TradeCityPro! Let's dive into today's analysis of Bitcoin. Since yesterday, there haven't been significant changes in the market, and none of our triggers were activated. However, let's explore the upcoming scenarios and identify any new triggers. ⏳ Hourly Time Frame 1-Hour Timeframe As you can see, Bitcoin is currently forming an expanding triangle, which typically doesn't respect resistances or supports very well, making it tricky to take long-term positions while the price remains within this pattern. 🔼 For a long position, the trigger remains above 98,482. Keep an eye out for this break because, as you can see, the trading volume has decreased, suggesting that a sharp price movement is likely imminent. Financial markets exist for speculation, not stagnation, so a decrease in volume usually precedes a significant price move—either upwards or downwards. 📊 Should this long trigger activate, it would be safe to hold a position expecting the price might retest the resistance at 106,000, giving us comfort in pursuing other potential coin positions. 📉 The short position has a significant level at 95,108, now more critical than the 92,702 level. If broken, Bitcoin could start its next bearish leg, with the first target at 92,702 and, upon breaking this, potentially moving towards the lower ranges around 80,000 to 82,000. 🔑 Today, I'm not focusing on the RSI due to the market's range-bound state, making it unreliable for confirming momentum. Thus, I've excluded RSI from both today's and yesterday's analyses. 👑 BTC.D Analysis BTC.D Analysis As predicted, the dominance fell, confirming yesterday's analysis. After retesting the 61.10 level and following the trendline curve, the next leg down began, targeting the 59.84 area. This movement will help us understand the upcoming market direction based on how the dominance behaves at this level. 👀 If it proves to be a fake-out and the dominance breaks the curve again, retaking the 61.10 trigger, we might see a resurgence in Bitcoin's dominance, suggesting a bullish scenario is less likely. 📅 Total2 Analysis Total2 Analysis As observed, the Total2 level that was previously active at 1.24 is currently retesting this area. It hasn't fully stabilized above this level, so let's wait for confirmation that this resistance has been broken. If so, we can expect a move towards at least 1.28. ✅ This break of 1.24 was an initial scalp trigger, with the main long-term trigger at 1.28. If breached, it could validate a bullish long-term position on altcoins, given the concurrent fall in Bitcoin's dominance, suggesting a preferable situation for altcoins compared to Bitcoin. 📉 In the event of market downturns, Bitcoin positions are generally more favorable if Bitcoin's dominance continues to fall. However, if considering short positions on altcoins, wait for Total2 to potentially fake this breakout and, if it reverses, enter upon breaking the 1.19 level. If you're a risk-taker, you could initiate earlier at the break of 1.19. 📅 USDT.D Analysis USDT.D Analysis In the USDT.D index, nothing significant has changed, and for market long confirmations, the 4.44 break remains crucial. Conversely, for short positions during a market downturn, a break of 4.62 would confirm an increase in Tether's dominance. ⚡️ Note that the 4.44 trigger is risky, and a break of 4.24 is the principal confirmation of a trend change in USDT.D. ❌ 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
4
TradeCityPro | Bitcoin Daily Analysis #4👋 Welcome to TradeCityPro! Today, I'll be conducting a deep analysis of Bitcoin, often referred to as the king of crypto due to its significant market dominance and cap. We'll be exploring suitable futures triggers for the New York session and examining the effects of the recently released U.S. inflation rates, which have favored the U.S. dollar. ⏳ Hourly Time Frame As you can see, the long trigger we set yesterday was activated and has already yielded profits. The price approached our target resistance at 98482 but is currently being rejected from this area and is moving back down towards the support level at 95108. 🔍 This 95108 trigger remains robust, and if this area breaks, we can open a position. This support was effective yesterday, as you might have noticed—even though the news favored the U.S. dollar, this support prevented further price decline. Therefore, a break below this could likely initiate the next bearish leg for Bitcoin, with the first short position target at 92802. 📊 Excluding the news release time, market volume has generally been ranging and is progressively decreasing, indicating that a significant move is imminent. For long positions, the 98482 trigger remains suitable. The second long trigger is at 99946, with the primary trend-changing trigger still firmly at 101819. 👑 BTC.D Analysis As I mentioned yesterday, I observed significant bearish momentum in the BTC.D chart, with the 61.10 support now breached. The next nearest support for Bitcoin dominance is at 59.84. 👀 With Bitcoin's dominance declining, if the market moves upwards, the Total2 triggers I will identify could be more suitable than the long triggers for Bitcoin itself. However, if this breach proves to be a fakeout and dominance returns to its box and moves towards its upper boundary, it could inject strong bullish momentum into Bitcoin's dominance, making a long position in Bitcoin more favorable. ✅ If the market falls and Bitcoin's dominance continues to decrease, Bitcoin positions will likely be more profitable. Conversely, if Bitcoin's dominance rises, altcoins will drop more than Bitcoin. 📅 Total2 Analysis Moving on to Total2, you can see that despite the decline in Bitcoin's dominance, Total2 has maintained its position better than Bitcoin itself. Notice that Bitcoin has reached its primary support, whereas Total2 has only retracted from a recent high at 1.24. ✨ The ceiling of 1.24 remains a suitable trigger for long positions, though it should be approached as a scalp to a target of 1.28. The main breakout trigger is the breach of 1.28, which would confirm a trend change. For short positions, the risky position at 1.19 and the main position at 1.16 remain valid, targeting 1.1. 📅 USDT.D Analysis Finally, let’s touch on USDT.D. This index could not maintain its position above its resistance, effectively causing the entire market to hold strong at support levels yesterday, contributing to the rejection of USDT.D from this area. 💥 Our triggers on USDT.D haven't changed significantly. For long positions, breaking 4.44 would be suitable as it would decrease Tether's dominance and potentially favor a market downturn; for short positions in a falling market, 4.62 is optimal, increasing Tether's dominance and potentially leading to a market decline. ❌ 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
2
TradeCityPro | Bitcoin Daily Analysis #3👋Welcome to TradeCity Pro! Let's dive into Bitcoin analysis. As usual, I will review the best futures triggers for the New York session. The U.S. inflation report has just been released, so we can consider its impact when opening positions. ⌛️ 1-Hour Timeframe Yesterday’s analysis activated the short trigger at 97218, leading the price to the first target at 95979, where it found new support at 95108. I hope you took advantage of yesterday’s trigger and profited from the market movement. 🔍 Today, we have valid triggers for opening positions, as an interesting structure has formed for both long and short trades. If 95108 support breaks, you can enter a short position with a target at 92702. 📊 Market volume has been decreasing since reaching 95108, and we need to see which direction volume enters next. If bearish volume increases along with the support break, bearish momentum will strengthen, potentially initiating the next downward leg. 🔼 The long trigger is at 96394, with momentum confirmation coming from an RSI break above 50. This setup is considered risky and should be entered with minimal risk. The main long trigger is at 98482, which has become a strong resistance, and its targets could be 99946 and 101819. 👑 BTC.D Analysis Yesterday’s BTC.D triggers were not activated, and the dominance is currently ranging. 💥 A curved trendline is visible on the chart. If it breaks, the trigger for confirmation will be at 61.49, signaling an increase in Bitcoin dominance. ✔️ Support at 61.10 is a key level, and considering the current market momentum, it is likely that this support will break, leading to a trend shift. ⌛️ Total2 Analysis Yesterday’s Total2 short trigger was activated alongside Bitcoin’s short trigger, so if you opened short positions on altcoins, you should currently be in profit. 🔑 Today, we also have valid triggers for trading. The short trigger is at 1.19, but this level is quite risky. The main short trigger is at 1.16. However, as seen earlier, Bitcoin’s trigger is much cleaner, and if Bitcoin dominance drops, a short position on Bitcoin will likely be better than on altcoins. 📈 For long positions, 1.24 is a valid trigger, but the price is still far from it. If this level breaks, we could open a long position with a target at 1.28. ⌛️ USDT.D Analysis USDT dominance triggers have not yet been activated, but the key levels have been updated. Here are the new triggers: 🔽 If 4.62 breaks (which is already happening and may complete within this candle), USDT dominance will increase, confirming our short positions. 💫 For long positions, the trigger is at 4.44. If this level breaks, USDT dominance could drop to 4.24. ❌ 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
3
TradeCityPro | Bitcoin Daily Analysis #2👋 Welcome to TradeCityPro! Let’s analyze Bitcoin and identify suitable futures triggers for the New York session. ⌛️ 1-Hour Timeframe If you entered a position yesterday on the price pullback to the 97218 zone, you're now in profit. If your position has a risk-to-reward ratio of 2 or higher, I recommend securing some profits. Otherwise, if you want to keep your position open, watch the 98903–99946 range, and if the price gets rejected from this area, secure your profits. 🔍 We also have new trade setups for today, with two triggers for long and two for short, either of which could activate. For a long position, a breakout of 98903 or 99946 is suitable. The 98903 breakout is riskier since we’d be entering a long position within a resistance zone, while the 99946 breakout may be difficult to enter as it might not provide a strong confirmation candle but is a safer long entry. 🔼 The key resistance above these two triggers is 101819, which can be used as a target. A breakout above 64.74 in the RSI would also serve as a momentum confirmation. 📉 For short positions, the first trigger is a breakdown of 97218, which has acted as a strong minor support. If we see a reaction here, this level will be confirmed, and on a second test, we can enter a short position. A breakdown of the 50 level in the RSI would confirm this setup. However, this is a risky trade, so it should be taken with minimal exposure. ✔️ The next key level is 95797, which has seen multiple price reactions. If the price forms a lower high below 101819, the chances of breaking this level increase. The target for this short setup is 92700. 👑 BTC.D Analysis Yesterday, I mentioned that if Bitcoin dominance stabilized below 61.34, long positions on altcoins would be more logical, which played out as altcoins outperformed Bitcoin. ✨ Today, if BTC.D remains below 61.06, it could indicate a trend shift in higher timeframes. Conversely, if it reclaims 61.34, Bitcoin could once again be the better choice for long positions in a bullish market. ⌛️ Total2 Analysis Total2 triggered its setup alongside Bitcoin and is now testing the 1.24 zone. The only long trigger at the moment is a breakout of 1.24. However, keep in mind that the primary trigger was at 1.22, and the next major trigger is at 1.28, making any long entry now quite risky. Personally, I wouldn’t take this trade. 💫 For short positions, wait for the price to drop back below 1.22, then use Dow Theory and a break of the newly formed low as a short entry trigger. ⌛️ USDT.D Analysis Now, let’s analyze USDT.D. This index began its decline after breaking 4.51 and retesting it. The next trigger is at 4.41, and if it breaks, we can expect a further drop to 4.22. 🧩 On the other hand, if it reclaims 4.51 and moves toward 4.64, it could increase the likelihood of Bitcoin’s 97218 short trigger being activated. If USDT dominance rises, the target will be 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 analysis before opening any position.
by tradecitypro
9
TradeCityPro | TOTAL2 BullRun Trigger Identified!👋 Welcome to TradeCityPro Channel! Let's go together to examine and analyze the Total 2 chart in the Dominance section, which includes all cryptocurrency coins except Bitcoin in its chart. 🌐 Overview Bitcoin Before starting the analysis, as usual, we wanted to take a look at Bitcoin in the one-hour time frame, but we made an interesting decision with the team guys and decided to analyze Bitcoin for you every day with a poll that we posted in Telegram. Today's analysis was also uploaded before the start of the New York session and you can see it from the link below. 📊 Weekly Timeframe In the weekly time frame, we were rejected from our ceiling, which is an important point of $1.62 trillion, and this makes the ceiling more and more important for us than ever. Let me also tell you a teaching point that I just pointed out to you on a candle on the chart, and these candles are mostly made at the market ceiling or a place where At least we are going to get rejected from it and it is an important resistance for us and they are usually red and have a longer shadow than the body from below. I suggest you watch them for a while so I can teach you. Also, if you are looking for an entry trigger for bull runs and spot purchases and anything else, your best trigger will be on the weekly time frame at 1.62 and after the break, good money will enter the market and our new primary trend will be formed and I will definitely enter myself. We also had another entry with the resistance level of 662 billion and it was mostly Ethereum, Solana and Link that we tried very hard to break 662 and be with it and I will try just as hard to break 1.62 and enter it. We are currently at the support of 1.13 and in case of a deeper market correction, we will move to the levels of 974 and 817. 📈 Daily Timeframe On the daily time frame, the total two is very good and this shows that Alt Coins above rank 30 did not make a very deep correction, and if you look at the charts that you see had a deep decline, they are still correcting, and the main reason for the chart being this way is Solana, XRP, BNB, and SUI. Also, after breaking our good daily trend line and breaking the 974 billion box ceiling, we experienced a very good upward movement and moved to the 1.55 level and the important ceiling, and we actually suffered a heavy rejection, but because it was because of FOMO, we could not count on its resistance, but the pullback and future rejection formed the important resistance price of 1.55. After forming a daily range box of 1.32 to 1.55, which we had been suffering for a while, and the recent series was very weak, and it caused us to suffer a rejection halfway through and break the 1.32 support in a sharp manner and come to the 0.5 Fibonacci support, which is very important both in terms of Fibo and also in terms of Dow. 50% correction is very important and this could be the place where the price rises We will probably stay on this support for a while and suffer and then move up and if we lose 1.17 we will go for lower levels like 1.09 and 974 billion but the most important support that should not be lost is 797 billion but there is a long way to go 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! 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! ❤️
CRYPTOCAP:TOTAL2Long
by tradecitypro
9
TradeCityPro | Bitcoin Daily Analysis #1👋 Welcome to TradeCityPro! This is the first analysis in the Bitcoin series on the channel, which will be uploaded daily. In this series, we will analyze futures triggers that can provide us with positions on the same day. Therefore, most of the analyses will be conducted in lower timeframes. ✨ However, in today’s analysis, I will also cover Bitcoin in higher timeframes since this is the first analysis and needs to be comprehensive. 📅 Weekly Timeframe In the weekly timeframe, we see a strong uptrend where the last leg started from the 54,900 bottom and moved up to the 104,700 resistance. The candle volume has been mostly bullish, aligning with the uptrend. 🔍 Currently, the price is resting below the 104,700 resistance, and the last weekly candle, which closed just yesterday, resembles a rolling pin, indicating indecision among buyers and sellers as the price moved both up and down but ultimately closed in a range. 💥 In RSI, there are two crucial support levels. The first is at 61.85, which RSI is currently near, and if it reacts positively to this level, a new bullish momentum could enter the market. The next support is at 43.90, a critical level for market momentum. As long as RSI stays above this level, bullish momentum remains in the market. 🔼 For the next bullish leg to start, RSI likely needs to enter the overbought zone, attracting more buyers and initiating the next wave. In terms of price action, breaking the 104,700 resistance would be the best trigger for the next move. ⚡️ On the other hand, the price has so far corrected to the 0.236 Fibonacci level near 90,000 and still has the potential for further corrections. If it continues, the next support levels are at the 0.382 and 0.618 Fibonacci zones, which overlap with 81,800 and 70,000, respectively. 📣 Since this series will have daily updates and we will analyze the weekly timeframe after each weekly candle closes, I won’t discuss lower supports or higher resistances until the time is right. 📅 Daily Timeframe In the daily timeframe, the price is ranging between 91,925 and 106,612. As seen, the price has been rejected from the range high for the second time and has dropped to 96,312. 🧩 Bearish momentum has been decreasing since reaching the 96,312 support, and a rounding formation is gradually forming. A positive aspect is that if Bitcoin establishes a bottom in this zone and moves toward the range high again, it will create a higher low compared to the 91,925 support, increasing the chances of a breakout to the upside. 📊 The volume of the last red candles in the bearish leg has been quite low. In the two recent green candles from yesterday and today, the volume is also very low, meaning the price might soon start its movement. So, it’s best to move to lower timeframes to find a suitable futures trigger. ⌛️ 4-Hour Timeframe In this timeframe, I won’t analyze much but will instead focus on identifying futures triggers. 🔽 For a short position, the setup is quite clear. There is a solid trigger at 95,798, which the price has tested multiple times, making it a reliable trigger. Since this short position is being opened within the range and near the range low, it should be taken quickly and secured at low risk-to-reward ratios like 2 or 3. It is not an ideal trigger for a long-term trade. 📈 For a long position, the first trigger was the breakout of 97,304, which has already happened, and the price has confirmed above this level. If you haven’t taken a position on this breakout, you can enter on a pullback if a suitable candle forms or if there’s a trigger in lower timeframes. Keep in mind that this trigger is the riskiest, so enter with minimal risk. ✔️ The next long trigger is at 98,937, which is more reliable. If the price stabilizes above this level, we can expect a bullish leg toward the range high. ⌛️ 1-Hour Timeframe In this timeframe, as seen, the price is pulling back to the 97,304 level while engulfing the previous red candles. RSI is also stabilizing above 64.12. If the candle closes as it is, a long position will be suitable. The key resistance level is at 99,730. 📉 For a short position, the trigger remains similar to the 4-hour timeframe. However, since the price has faked this level in this timeframe, we should wait for another reaction at this area to confirm the actual trigger point. ⭐️ Now, let's analyze the dominance charts. A full dominance analysis will be provided separately. The Total2 analysis will be posted tonight, and the USDT.D and BTC.D analyses will be done tomorrow, but for now, they will be reviewed in the 1-hour timeframe. ⌛️ BTC.D Analysis In the 1-hour timeframe, we see Bitcoin dominance increasing after reaching the 61.34 bottom, which has contributed to Bitcoin’s recovery following the fake breakdown at 95,798. 👑 If dominance stabilizes above 62%, more money will flow into Bitcoin. In this scenario, if the market moves upward, Bitcoin will rise more than most altcoins, and if the market drops, Bitcoin will decline less than others. The main resistance is at 62.66. 💫 On the other hand, if dominance falls below 61.34, less money will enter Bitcoin. In a bullish market, Bitcoin will underperform altcoins, and in a bearish market, Bitcoin will drop more significantly. ⌛️ Total2 Analysis In the 1-hour timeframe, the 1.22 level in Total2 overlaps with 97,304 in Bitcoin. However, as seen, Total2 is still below this support and hasn’t confirmed above it yet. The reason is the increasing Bitcoin dominance, causing altcoins to move less than Bitcoin. ☀️ The main resistance in Total2 at this timeframe is 1.28, which is also the key long trigger. 🔽 For a short position, Total2 offers a better trigger than Bitcoin. If Total2 breaks below 1.16 while Bitcoin dominance increases, shorting altcoins will be a better option than Bitcoin. ⌛️ USDT.D Analysis As seen, the candle has closed below the 4.51 support in this index, and it has more overlap with Bitcoin than Total2. ✔️ The trigger for an increase in USDT dominance is 4.64, which would lead to a market decline. The alignment of this trigger with the short triggers in Total2 and Bitcoin could provide strong confirmation for those trades. 🔑 For a long position, breaking below the 4.40 support in this index would be a good signal. The main support is currently at 4.22, and if this level is broken, the market could begin its next bullish leg. 📝 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
12
About to Sell Your Altcoins? STOP & Read This First!!🚀 Hey Traders! Ready for Altcoins’ Next Big Move? 👋 If you’re finding value in this analysis, smash that 👍 and hit Follow for high-accuracy trade setups! 💹🔥 I know many are frustrated and losing hope in altcoins due to the current market conditions. But selling your spot holdings now—right before a major move—could be the worst decision of your trading journey. Before making any rash decisions, read this update carefully! 👇 📊 What is Total2? Total2 represents the total market capitalization of all cryptocurrencies except Bitcoin (BTC). It helps us gauge the strength and momentum of the altcoin market. 💡 How to Use Total2 in Trading? 📉 If Total2 is falling → BTC dominance is high, and altcoins are struggling. 📈 If Total2 is rising → Altcoins are gaining strength, signaling a possible altseason. 🔥 Altcoin Market Cap (Total2) Looks Bullish! ✅ Breakout Alert! Total2 has broken out from a cup and handle pattern on the weekly time frame and successfully retested it. This setup is a classic bullish signal, suggesting a strong rally could be on the horizon. 🚀 If this pattern plays out, altcoins could skyrocket! Be patient—your altcoin holdings may soon reward you in a big way. ⚠️ Invalidation Level If Total2 closes below $1 Trillion on the weekly timeframe, the bullish outlook weakens. Until then, the upside potential remains strong! 💬 What’s Your Take? Are we about to witness an altcoin explosion, or will BTC continue to dominate? Drop your thoughts in the comments! Let’s ride this market together and secure those gains! 💰🔥
CRYPTOCAP:TOTAL2Long
by CoreCrypto1
2