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Let's dive into the analysis of Bitcoin and key crypto indices. In this analysis, as usual, I want to review the futures session triggers for the New York market.
⌛️ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, the price is still within a ranging box between 86,401 and 88,480.
🔍 The price is making lower highs, and it seems that the bullish momentum has faded. However, valid triggers for both short and long positions can still be found.
✨ For a short position, you can enter if the price breaks below 86,401. In this case, the price could extend its corrective leg down to 84,734.
🔽 For a long position, you can enter if the price breaks above 88,480. This is a very important trigger and could start the next bullish leg up to 91,588.
👑 BTC.D Analysis
Let's move on to Bitcoin dominance. This dominance has formed a bit more structure, and its triggers are also close.
⚡️ If 61.63 breaks, we confirm a bearish trend, and if 61.81 breaks, we confirm a bullish trend.
📅 Total2 Analysis
Let's analyze Total2. This index also has a ranging box between 1.06 and 1.08, which can provide good trading opportunities.
💫 If 1.08 breaks, we confirm a long position for altcoins. For a short position, a break of 1.06 is suitable.
📅 USDT.D Analysis
Now, let’s analyze USDT dominance. As you can see, we are witnessing a downtrend, and now a box has formed between 5.19 and 5.05.
🧩 To confirm a bullish move in dominance, we need a break above 5.19. The bearish triggers for USDT dominance are 5.11 and 5.05.
❌ 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.
Let's dive into the analysis of Bitcoin and key crypto indices. In this analysis, as usual, I want to review the futures session triggers for the New York market.
⌛️ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, the price is still within a ranging box between 86,401 and 88,480.
🔍 The price is making lower highs, and it seems that the bullish momentum has faded. However, valid triggers for both short and long positions can still be found.
✨ For a short position, you can enter if the price breaks below 86,401. In this case, the price could extend its corrective leg down to 84,734.
🔽 For a long position, you can enter if the price breaks above 88,480. This is a very important trigger and could start the next bullish leg up to 91,588.
👑 BTC.D Analysis
Let's move on to Bitcoin dominance. This dominance has formed a bit more structure, and its triggers are also close.
⚡️ If 61.63 breaks, we confirm a bearish trend, and if 61.81 breaks, we confirm a bullish trend.
📅 Total2 Analysis
Let's analyze Total2. This index also has a ranging box between 1.06 and 1.08, which can provide good trading opportunities.
💫 If 1.08 breaks, we confirm a long position for altcoins. For a short position, a break of 1.06 is suitable.
📅 USDT.D Analysis
Now, let’s analyze USDT dominance. As you can see, we are witnessing a downtrend, and now a box has formed between 5.19 and 5.05.
🧩 To confirm a bullish move in dominance, we need a break above 5.19. The bearish triggers for USDT dominance are 5.11 and 5.05.
❌ 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.
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🤵 Business Contact: Tradecityproteam@gmail.com
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Don’t Miss Out!
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🏆 Best Crypto Exchange: bit.ly/tcpbit
🤵 Business Contact: Tradecityproteam@gmail.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.