AlgoBotTrading

AlgoBotTrading

#USDT dominance got close to 5.99% level and had a slight drop to its current zone of 5.47% - 5.63% and initial signs for another rise are visible. If USDT.D manages to cross above the blue trendline and 5.63% level, it will continue to higher levels. The strength of the next move is crucial to the overall market's condition.

AlgoBotTrading

Previous analysis on #TOTAL3 played out pretty well. TOTAL3 touched the first target of 650B and then dumped below the descending mid-term trendline again (because of BTC's dump). Since TOTAL3 is probably retesting the mentioned trendline as well as the short-term blue trendline, 600B zone is the area we can expect the dump to continue towards lower levels...

AlgoBotTrading

Looking at US oil chart, it seems the chart is creating a bullish structure at the moment. Price is currently just below the 71.6 - 72.4 resistance zone. A daily close above the resistance will probably activate the higher targets of 76.0 and the 78.3. The apparent bullish behavior of the chart hints that the current geopolitical fights in the Middle-East will...

AlgoBotTrading

USDT dominance has followed previous analysis beautifully. The reaction to 5.3% zone was strong indeed and as a result the whole market dumped heavily. The next important area ahead of USDT.D is 5.99% - 6.04% zone where a reaction can be expected but judging by the strength of the recent move, it's high possibility that USDT.D will push through the mentioned zone...

AlgoBotTrading

On point analysis and warning! Just as predicted and expected, #BTC crossed below the ascending channel and broke through the 62,300 level and market is under an intense sell pressure. We'll have to follow the downward move. If it reaches the 50,000 low, it will break the support zone.

AlgoBotTrading

#BTC crossed below the recent ascending channel as was expected. In fact BTC had the potential to move towards 69,000 level but the recent GeoPolitical news might have affected the upward move. it's expected to see a retest of the broken channel and the 64,600 - 65,700 zone followed by a sharp drop in the market. 8H close below 62,300 level shall further confirm...

AlgoBotTrading

As analyzed and predicted, #BTC precisely followed previous analysis and pushed through the resistance area of 64,600 - 65,700 zone. As a result Altcoins followed BTC's move and continued their pumps. BTC's movements need to be watched over carefully now as 69,000 - 71,100 zone is indeed the danger zone as several different resistances are present in that area...

AlgoBotTrading

Gold has been in an uptrend since early 2024 due to fundamental and Geopolitical factors. Analysis on Gold suggests that just in 2700$ area, it might form a major mid-term top and start a correction towards lower levels as divergence in both higher timeframes and the lower ones can be seen. Once the top is formed and confirmed, Gold shall spend some weeks in...

AlgoBotTrading

As stated before the 64,600 - 65,700 zone has been the important resistance zone and #BTC has been forming trading range below this zone for nearly a week now. looking at the chart, it's clear that BTC has been rising in an ascending channel and now it's getting close to the lower boundary of the channel and a positive reaction can be expected specially given the...

AlgoBotTrading

#DYDX has just broken the mid-term trendline that started in March 2024 and is most probably heading for the higher targets of 1.2 - 1.46 - 1.77 - 2.15. The setup is ideal for a Spot position and as long as there's no daily close below 0.89 level, this analysis is valid.

AlgoBotTrading

#TON has seemingly formed a symmetrical triangle and it seems it's going to make a breakout from below. The trigger for the Short entry would be a 4H close below the 5.44 level and the targets would be: 5.28 - 5.11 - 4.94 - 4.77 Stoploss would be 5.56. Max lev allowed 3X

AlgoBotTrading

Following previous analysis, #TOTAL3 rose towards the resistance zone and after touching the 580B level, it started to drop but FED's decision to cut the rates by 0.5% prevented further drop and market pumped as analyzed before FED's meeting. TOTAL3 is now in the vicinity of the mid-term trendline and we can expect some drop during this week. What comes next...

AlgoBotTrading

#Alt is seemingly breaking the mid-term downtrend, a daily close above 0.1140 zone would create a low risk buy/long opportunity for the following TPs: 0.1640 - 0.2160 - 0.2840 Stoploss for this analysis would be a daily close below 0.1080 level

AlgoBotTrading

#USDT dominance is most probably heading for the lower level of 5.3% which means BTC and the rest of the market can possibly rise to higher levels. But 5.3% area is a very critical zone and if it's going to be broken, it won't get broken without an initial reaction. So we can expect to see some rise from the mentioned level which means Long positions must be...

AlgoBotTrading

Following FED's announcement and the 0.5% rate cut, market's reaction was positive and many coins experienced pumps as was expected. #BTC was no exception as well and the announcement helped BTC push through the 60,000 - 61,000 resistance zone. Most important level ahead is probably 65,700 as daily close above the mentioned level can take BTC to 71,000 area.

AlgoBotTrading

Just as predicted, #BTC started to drop from the identified zone and crossed below the trendline. Over the past 24 hours, it has dropped by 5% so far. The first stop for this dump is probably in 55,000 - 56,000 zone.

AlgoBotTrading

#BTC is currently in an important resistance area of 60,000 - 61,000 . Some bearish signs are visible on the chart, as soon as the blue trendline gets broken, market will most probably face intense sell pressure and BTC will probably head for 55,000 zone and then 52,000. Sell strategy is advised!

AlgoBotTrading

#TOTAL3 perfectly followed previous analysis and had an upward move towards 565B - 580B zone during this week and many altcoins had at least 15% - 20% pumps. TOTAL3 is currently in a resistance zone and its reaction to this zone must be observed carefully, if the current initial bearish signs get stronger, we'll have to look for sell setups in altcoins.