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Let’s dive into the Bitcoin analysis and key crypto indicators. As usual, I’ll walk you through the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour timeframe, the upward move Bitcoin made yesterday turned out to be a fakeout, and the price is now heading downward.
⚡️ I’m not moving the 108619 line for now. I’ll wait to see if the price reacts to it again in the future, then decide whether to adjust it.
✅ Currently, if the 107853 level breaks, we can enter a short position. We already have volume confirmation, and if this increase in volume continues, we could see a sharp downward move.
📈 Next support levels for Bitcoin in this timeframe are 106586 and 105370, which can be used as targets.
✨ If Bitcoin starts moving upward again, the long trigger remains the 110256 level. A breakout here would mark the beginning of a true uptrend.
👑 BTC.D Analysis
Bitcoin dominance continued its downward move today, dropping close to the 65.04 level.
🔼 We’re currently seeing a reaction at this level, suggesting some support. A break below 65.04 could trigger a strong downtrend.
📅 Total2 Analysis
This index is still in an uptrend but showing significant weakness. It’s currently sitting on key support at 1.15.
⚡️ A break below this level could give us a short position. Additional support levels are 1.14 and 1.13. For a long position, the only trigger we have right now is 1.17.
📅 USDT.D Analysis
Looking at Tether dominance, it’s still hovering around the 4.78 level. After a brief fakeout below, it has returned above that zone.
📊 If this level breaks again, Tether dominance could move down toward 4.72.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
Let’s dive into the Bitcoin analysis and key crypto indicators. As usual, I’ll walk you through the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour timeframe, the upward move Bitcoin made yesterday turned out to be a fakeout, and the price is now heading downward.
⚡️ I’m not moving the 108619 line for now. I’ll wait to see if the price reacts to it again in the future, then decide whether to adjust it.
✅ Currently, if the 107853 level breaks, we can enter a short position. We already have volume confirmation, and if this increase in volume continues, we could see a sharp downward move.
📈 Next support levels for Bitcoin in this timeframe are 106586 and 105370, which can be used as targets.
✨ If Bitcoin starts moving upward again, the long trigger remains the 110256 level. A breakout here would mark the beginning of a true uptrend.
👑 BTC.D Analysis
Bitcoin dominance continued its downward move today, dropping close to the 65.04 level.
🔼 We’re currently seeing a reaction at this level, suggesting some support. A break below 65.04 could trigger a strong downtrend.
📅 Total2 Analysis
This index is still in an uptrend but showing significant weakness. It’s currently sitting on key support at 1.15.
⚡️ A break below this level could give us a short position. Additional support levels are 1.14 and 1.13. For a long position, the only trigger we have right now is 1.17.
📅 USDT.D Analysis
Looking at Tether dominance, it’s still hovering around the 4.78 level. After a brief fakeout below, it has returned above that zone.
📊 If this level breaks again, Tether dominance could move down toward 4.72.
❌ Disclaimer ❌
Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel.
Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.
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🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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!
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Best Crypto Exchange: bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
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.