ETHUSD: First red day, day 2 on the backsideHello traders and welcome back on my profile, here is Gianni, and I hope you can enjoy this detailed analysis on ETHUSD.
As always, I don't use technical analysis for market prediction, because predicting is 50/50, but I use it to calculate my risk reward in case I would position myself in the market.
My general thesis for the day is pretty short, and following, the logic behind this thesis.
Monday, opening range of the week, established the current monthly high, breaking into the low of Friday (lower low) at the end of the day. Other time frames/big players might be in play and potentially the week can setup for a pump and dump.
Tuesday performed a strong pumping day, breaking through the Monday high and expanding the range higher, closing as well in breakout long.
Wednesday the market pretty much consolidated for the whole day, coming back inside the opening range high, and closing as first red day.
First red day is only a bearish signal, it doesn't mean that the market will drop certainly, but it gives you a signal the potentially long might be trapped in the wrong direction, increasing the chances of reversal, the day later or few more days later.
Today, Thursday, the market kept breaking lower, and it looks like coiling into the yesterday low of day, definitely a sign of weakness which I will keep in consideration.
8:30am and 8:40am NYT major red news are on schedule, I would not touch this market before that time, avoiding any possibility to be stuck in the trade.
How would I take this trade?
Simply I will be looking for any sell high opportunity after the news, reinforced with bearish price action, as triple tops, double tops and any kind of reversal patterns into the most recent high in place.
What about a long view?
Actually I'm not interested today, it can go higher, it can retest the weekly high, it can consolidate, it can do EVERYTHING, I don't care, my only focus is aligning my bearish thesis with a bearish setup.
I won't take in consideration any long opportunity for the day.
Overall, the market strongly pumped up during the previous week, I do not expect any crazy move, I do not think that this market trapped volume enough for a huge bearish collapse.
The potential opportunity of today, if presented, will be targeting the current weekly low (Monday low).
Stay tuned for further update during the NY session
Cryptomarket
Bitcoin: $150,000, $180,000, $200,000 Or $220,000This is a question that nobody has been able to answer in the past 6 months: Will Bitcoin peak at $220,000 or $150,000?
Will the next All-Time High happen at $150-$160,000 or $180,000?
It is hard to say right now isn't it? But, consider this, if a new All-Time High will be hit within a few short weeks, or days, then there is plenty of room for Bitcoin to reach levels toward 200K. So maybe 150-160,000 is an easy target, it can go higher...
Now, it is true that we can guess and speculate about $250,000 or $220,000 or more, but there is no doubt that the next move is a rise, a strong rise, a continuation of the bullish move that started just a month ago. Five consecutive weeks closing green. As bullish as it gets.
Are you a SHORT trader?
You are about to be liquidated. There is till time, close your position now because Bitcoin is going up!
This is a friendly reminder.
Load up on the Altcoins.
Thanks a lot for your continued support.
Namaste.
TradeCityPro | Bitcoin Daily Analysis #92👋 Welcome to TradeCity Pro!
Let’s dive into today’s analysis of Bitcoin and key crypto indices. As usual, I’ll walk you through the futures session triggers for the New York session.
⌛️ 1-Hour Timeframe
As you can see in the 1-hour timeframe, the price has broken below the 102886 support and dropped to 101628, where it found support and is now making its way back toward the 102886 level.
✨ If the 102886 level is broken again, we could open a long position targeting the main recent high of the market at 104886.
🌩 The 104886 zone is a very significant level, and breaking it could initiate the next bullish leg for Bitcoin. However, the all-time high resistance at 106247 remains a solid barrier, forming a key supply zone between 104886 and 106247.
✔️ Since this zone is a major area of supply, it’s best to already be in a position before price reaches it. There’s a strong chance of a sharp move, and the breakout may not provide a clear confirmation candle, making it difficult to catch an entry in real time.
🔽 For short positions, our current trigger is the 101628 level. A breakdown here could begin a deeper correction. Key support levels to watch are 99225 and 97409.
👑 BTC.D Analysis
Moving on to Bitcoin dominance—yesterday, the trendline we had drawn was broken, and now dominance is heading toward 63.12.
🧩 The break of this trendline doesn’t indicate a trend reversal just yet. The bearish momentum in this current leg has been strong, and for a full reversal, we would need to see a higher high and higher low form on higher timeframes.
🔔 For now, the next corrective zones for dominance are at 63.61 and 64.10.
📅 Total2 Analysis
Let’s look at the Total2 index. Like Bitcoin, it has undergone a correction and has reached the 1.18 support level.
🎲 The current short trigger is the 1.18 level, and a breakdown here would confirm a deeper correction.
🔼 For long positions, the 1.24 and 1.26 levels are suitable triggers.
📅 USDT.D Analysis
Now let’s analyze Tether dominance. The index has corrected to the 4.69 level.
☘️ If 4.69 is broken, the market could undergo a deeper correction toward 4.82. On the other hand, if the price gets rejected from this level, the likelihood of a move back down to 4.51 increases.
❌ 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.
TradeCityPro | QNT: Range Top Test in RWA Uptrend Structure👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the QNT coin — one of the RWA projects currently ranked 71 on CoinMarketCap with a market cap of $1.19 billion.
⏳ 4-Hour Timeframe
As you can see, there’s a clear uptrend along with a trendline that has pushed the price up to the 100.7 level.
💥 At the moment, the price has formed a range box between 93.1 and 100.7, with multiple touches on both ends. Currently, the price is testing the top of this range at 100.7 once again.
🔍 If the 100.7 resistance is broken, we can consider entering a long position. This trigger is valid for a long, and if confirmed, the price could potentially move toward the next target at 121.8.
✨ For a short position, we first need to see the trendline break and the 93.1 level get triggered. That would serve as our first confirmation of a possible trend reversal.
📉 A breakdown below the 50 level on the RSI would be the first momentum-based sign of this reversal. If selling volume also increases at the same time, we’ll have confirmation of a volume divergence.
⚡️ On the other hand, a break of the trendline itself might act as an early trigger, but I personally wouldn’t open a position on that alone — it’s too risky. As long as the price holds above 93.1, the overall uptrend remains intact.
📝 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! ❤️
Bitcoin - An unusual chart!Over the past 3 years, I’ve noticed that Bitcoin has been moving in a consistently bullish pattern, as shown on the chart.
After breaking out of the red ellipse shape, Bitcoin tends to rally strongly—and that’s usually the signal for altcoins to follow. We’ve now broken out of this ellipse, and it looks like the real bullish move is just beginning.
In this chart, I’ve tried to illustrate both the potential upside ahead of us and the estimated timeframe in which this move could unfold.
I’ve divided the chart into segments from August 2022 to April 2025.
🔸The red numbers 1, 2, 3, 4 indicate periods of consolidation.
🔸The blue numbers 1, 2, 3, 4 represent strong Bitcoin and altcoin rallies that follow the breakouts.
While the exact percentage gains and time durations may vary, if we take the average, we can estimate the upcoming move to be around 120%, taking Bitcoin to around $165K.
Similarly, the average time duration for each bullish move has been approximately 120 days.
[b ]Welcome to the bull market.
Best Regards Ceciliones 🎯
Correction Imminent? Will Bitcoin Drop Or Continue Rising?As we can see here, Bitcoin is challenging resistance very close to the All-Time High. This is a price range. The highest Bitcoin was able to hit was $105,850, right below $106,000. Will Bitcoin drop now, even if short-term, or continue moving higher?
» Bitcoin will continue higher and produce a minimum of retrace.
Bitcoin is very likely staying above $100,000 and after some consolidation continue higher to hit a new All-Time High.
While Bitcoin moved above $100,000 on the 8th of May, there isn't any bearish pressure nor bearish momentum. The bears have no strength.
If there is selling happening, the bulls are more than ready and happy to buy everything up. Anyone and everyone selling now will simply lose their coins and miss a huge opportunity because Bitcoin is already growing and will continue to grow. It is normal to see some consolidation after a strong resistance level is hit. This resistance stands around $105K. Once this level breaks, we will see additional growth.
Bitcoin is bullish.
The market is bullish.
Any retraces are just an opportunity to buy-up, rebuy and reload. Do not sell your coins, hold strong. Hold easy or even buy more because Bitcoin is going up!
It can start growing right away, within hours or it can take a maximum of few days but the next major move is up. When Bitcoin starts going, it never looks back. The market will continue growing. Rest easy and buy more Altcoins.
Namaste.
Xrp - New all time highs will come next!Xrp - CRYPTO:XRPUSD - is preparing for new all time highs:
(click chart above to see the in depth analysis👆🏻)
Xrp has clearly been trading sideways for the past 8 years. Meanwhile, market structure is respected perfectly and it seems to be just a matter of time until Xrp will create new all time highs. With the recent bullish break and retest, this scenario becomes even more likely.
Levels to watch: $3.0
Keep your long term vision!
Philip (BasicTrading)
Altcoins Market Consolidation until 19th May 2025Total3 (Altcoins market cap) is currently consolidating between $900b-$930b expected until 19th May 2025 before the market continue to climb, just as I pointed out in last week’s analysis. No need to worry, #Altcoinseason is already here. A healthy correction is better than none.
TradeCityPro | Bitcoin Daily Analysis #91👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin and major crypto index analysis. As usual, I'll go over the key triggers for the New York futures session.
⏳1-Hour Timeframe
As you can see, Bitcoin made a bullish move yesterday after breaking above 102,882 and reached as high as 104,866.
✔️ After hitting 104,866, the price failed to break this resistance and got rejected, pulling back to retest 102,882 with a wick.
✨ As long as the price stays above 102,882, I consider the market momentum bullish. I still hold my long position opened around 85,000 and plan to open another one if we break 104,866.
📈 So the best long trigger is a clean breakout above 104,866. The next resistance is 106,247, which makes the 104,866 breakout a bit riskier due to proximity to that major supply zone.
🔽 For short setups, the first trigger is again 102,882. If the price forms a lower high below 104,866, a breakdown of 102,882 could justify a risky short.
📊 Personally, I’m not opening any shorts yet since higher timeframe trends are bullish. My first valid short trigger would be a breakdown of 101,628.
👑 BTC.D Analysis
Bitcoin dominance continues to fall and has now reached the 62.07 support level and is reacting to it.
💫 If 62.07 breaks, we could see another bearish leg down to 61.34.
🔼 For BTC.D to flip bullish, we first need to see the descending trendline break and then look for confirmation and a long trigger from that.
📅 Total2 Analysis
After breaking through 1.24, Total2 moved up to 1.26 and is now pulling back to retest 1.24.
🧩 If 1.24 holds and the price breaks above 1.26, there’s a strong chance it continues toward 1.31. This would confirm a long setup for altcoins.
🔔 For short positions, the only valid trigger for now is a breakdown of 1.18.
📅 USDT.D Analysis
Tether dominance faked a breakdown below 4.51 yesterday but has now bounced back above it.
💥 Currently, we should wait for the price to retest 4.51 again and reassess that support. If it breaks down cleanly, we’ll get confirmation of bearish momentum for USDT.D, which would support a bullish trend in the broader crypto market.
❌ 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.
TradeCityPro | LINK: Eyeing Breakout as RSI Signals Divergence👋 to TradeCity Pro!
In this analysis, I’m going to review the LINK coin. This project is one of the well-known DeFi and Cross-Chain platforms, and it's considered one of the top projects in these categories.
🔍 The LINK token currently has a market cap of $627 million and holds a ranking on CoinMarketCap.
⏳ 4H Timeframe
As you can see, LINK has started a bullish leg, rising from $13.30 to $17.62. After a pullback that reached as low as $15.92, it has returned to test the previous high.
⚡️ If the $17.62 resistance is broken, the price could rally toward $19.42. Therefore, a breakout above $17.62 can be used as a long entry trigger.
📊 So far, volume has aligned well with the upward trend, and there are no signs of weakness from the volume perspective. However, if volume rises during a pullback or drops during a bullish move, it would signal a volume divergence, potentially indicating a trend reversal.
💥 Meanwhile, the RSI oscillator shows a bearish divergence. If RSI closes below the 50 level, this divergence would be confirmed, suggesting the possibility of a corrective move.
✨ To confirm a deeper correction or trend reversal, a breakdown below $15.92 would be significant. The next support after that lies at $15.22, with the main support far below at $13.30.
✔️ For short positions, I recommend waiting for clearer signs of trend reversal, such as volume divergence or confirmed RSI divergence. At the moment, there’s no solid short setup, and we need to wait for a suitable structure to develop.
📝 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! ❤️
BTCUSD Next MoveNote: This chart presents a short-biased plan for BTC/USD based on key technical levels and price action signals.
🔍 Key Levels
: Resistance / All-Time High Area: $105,000
: Support Zone: Around $101,000
: Sell Trade TP1: $99,000
: Sell Trade TP2: $96,000
: Final Target: $93,500
: Critical Breakdown Level: $101,000 (Support)
📌 Plan Breakdown
🟦 Bearish Bias Setup:
> The market is consolidating between $101,000 support and $105,000 resistance, forming a range-bound structure near all-time highs.
> A breakdown below $101,000 support with a confirmed candle close below that level would trigger a sell signal.
> Rewritten chart note:
If the price breaks below the $101,000 support area and a candle closes beneath it, we can consider initiating a sell trade.
🔽 Downside Path:
: If the price breaks the support:
: First target: $99,000 — minor support.
: Second target: $96,000 — highlighted range zone.
: If the price breaks below $96,000, expect further downside toward $93,500 (final target).
🔄 Sideways Possibility:
: If the price breaks below $101,000 but fails to push through $96,000, the market may range between $96K–$99K before choosing a direction.
: The purple box (around $96K) is expected to be choppy — a break below confirms strong bearish continuation.
DOGE (Dogecoin)–Pullback Opportunity Amid Market-Wide ResistanceWith the total crypto market cap stalling at a major resistance zone, many altcoins — including DOGE — are due for a healthy retracement after recent strong moves. This sets up a potential buy-the-dip opportunity as DOGE returns to key support near $0.20.
🔹 Entry Zone:
$0.20 (next major support zone after recent rally)
🎯 Take Profit Targets:
🥇 $0.23 – $0.24
🥈 $0.30 – $0.31
🛑 Stop Loss:
Just below $0.18 (invalidates the support-based long idea)
EtherFi Governance Token & The 2025 Bull Market (PP: 1,111%)EtherFi is hot right now just as Ethereum is very hot. The project looks really good with great offerings, great products... Let's consider the chart. If you have a good product with a great chart, that's a combination for a massive 2025 bull market. You are bound to get numbers beyond this chart.
The long-term support and accumulation zone was lost in late February/early March. It was recovered again in May. The bottom was only available for two months. You are one of the lucky few if you decided to buy at bottom prices. Prices that will never become available again.
ETHFI is back above its August 2024 low, thus bullish; now trading with a bullish bias within its long-term accumulation zone. A price zone where we can buy, big, focusing on the long-term. A great chart, huge potential for growth, can't say it often enough.
There is really high volume here, the highest since launch date.
This high volume indicates and confirms that the bottom is in. If prices were to move back lower, trading volume the past two weeks would be much lower. Since prices are set to grow, volume is really high, the whales are loading up.
Not all is lost. It is still early because the last drop was a stop-loss hunt event. Notice the blue space on the chart, this is the standard buy zone. Here, in this range, ETHFIUSDT traded for more than 3 months in 2024.
A bull market can be expected now, a bullish trend.
Nice and easy, buy and hold; the market will take care of the rest.
This post is meant to alert you of a great entry timing and prices.
This is for spot traders. An easy buy. —Focused on the long-term.
Thank you for reading.
Namaste.
XRPWe are fixing to witness a run to $3 in a hurry.
New outlets, governments, banks, institutions, are all diving into crypto. An ounce of great news for XRP sends us moving up in a HURRY.
Have an exit strategy in place to take profits, and cycle some profits into other assets to continue to build your wealth.
Lock In.
Aave Keeps Rising —Makes Sense? Aave bottomed 7-April, and now it keeps rising after just two days red. Aave hitting bottom 7-April means the same with Bitcoin and the rest of the Altcoins which means Bitcoin and the rest of the Altcoins will continue growing as well, makes sense?
Aave peaked in December 2024 same with the rest of the Altcoins market, they are all doing the same. The fact that Aave is bullish now and keeps rising reveals what is to come next, makes sense?
As soon as there is a small retrace people wait for the crash to come, ignoring the fact that we are already in the 2025 bull market and bull market simply means sustained growth. Makes sense?
The Altcoins will continue to reveal what will happen with Bitcoin before it does, it is inevitable, many people in the industry are in the know. When you see Bitcoin stop and you wonder what will happen next, just look around, look at the Altcoins market and the answer will reveal itself, makes sense?
Very easy. Whenever the market drops, see how far down the Altcoins go. If Bitcoin is set to drop you will know it because the Altcoins will start moving down much stronger and much faster than Bitcoin. If Bitcoin finds resistance and is set to move ahead, no retrace, you will have the proof coming from the rest of the market. Some smaller pairs will move ahead.
Thank you for reading.
Namaste.
Bitcoin - The Bottom Is In!Bitcoin ( CRYPTO:BTCUSD ) is reversing right now:
Click chart above to see the detailed analysis👆🏻
It was really just a matter of time until Bitcoin actually manages to create a potential short term and longer term bottom. With this monthly candle, bulls are taking over again and starting to buy cryptos quite heavily. The chart just tells us that this is not the end, but rather the continuation.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
FARTCOIN Bearish Head and Shoulders – Testing Blue Support🚨 $FARTCOIN Bearish Head and Shoulders – Testing Blue Support 📉
$FARTCOIN has formed a bearish head and shoulders pattern and is now testing the blue support. There’s potential for a breakout, so we need to watch closely for any signs of further movement! 📊
Let’s monitor this closely! 💼💸