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.
Cryptomarket
Dogecoin - The Final Break And Retest!Dogecoin ( CRYPTO:DOGEUSD ) is confirming the final retest:
Click chart above to see the detailed analysis👆🏻
After we saw the textbook retest of the previous all time high about three months ago on Dogecoin, so far we also saw the expected correction of about -50%. However Dogecoin is about to confirm the bullish break and retest, which eventually leads to a parabolic rally and new highs.
Levels to watch: $0.2, $0.5, $5.0
Keep your long term vision,
Philip (BasicTrading)
Crypto Total Market Cap Analysis – The Final Ride is ComingMarket Context
The chart represents the Total Crypto Market Cap (CRYPTOCAP) on a 1W timeframe.
Historical price action shows cyclical bull and bear market trends driven by market sentiment, liquidity cycles, and macroeconomic factors.
A similar pattern to 2020’s breakout is forming, suggesting a potential parabolic rally ahead.
Current Market Position
We're here: The chart marks the current phase as a consolidation after a strong upward move.
A similar pause and accumulation phase occurred in late 2020 before the explosive 2021 bull run.
Market cap is hovering around $3.19T, forming a temporary resistance zone within the red-circled area.
Key Technical Indicators
Higher Lows & Higher Highs: A bullish structure remains intact.
Breakout Setup: Price consolidating near resistance often precedes a strong continuation.
Potential Target: The projected move suggests a rally towards $5.75T+ based on historical patterns.
Market Sentiment & Catalysts
Upcoming Bitcoin Halving (2024-2025): Historically sparks massive inflows into the crypto market.
ETF Approvals & Institutional Demand: Driving liquidity and mainstream adoption.
AI & Blockchain Innovation: Continued growth in real-world use cases enhances long-term fundamentals.
Solana (SOL) at a Crossroad: Breakout or Breakdown? Solana (SOL/USD) Technical Analysis
📊 Market Structure:
Solana has tested the support zone around $169 - $157 and is attempting a recovery. The price is currently trading around $174.00, showing signs of a possible pullback before confirming direction.
🔹 Bullish Scenario:
If SOL holds above $169, we could see a bounce toward the resistance zone at $192 - $202. Breaking and stabilizing above $202 could open the path for a move toward $221 and beyond.
🔻 Bearish Scenario:
If SOL fails to hold above $169, a drop toward $157 is likely. A confirmed breakdown below $157 would indicate further weakness, potentially pushing the price toward $121 (major support level).
📌 Key Levels to Watch:
Pivot Line: $169
Resistance Levels: $192, $202, $221
Support Levels: $157, $145, $121
💬 Is Solana setting up for a major bounce, or will it break down further? Drop your thoughts! 👇🔥
XRP Bullish Setup – AB=CD Pattern on 1H Timeframe!#XRP is in a strong uptrend, showing no bearish signs, and currently forming a classic AB=CD pattern on the 1-hour timeframe. This pattern is a well-known harmonic structure that often leads to a continuation of the trend!
Key Technical Insights:
🔹 AB=CD Pattern Completion: Price is approaching the 0.618 Fibonacci retracement zone.
🔹 No Bearish Signs: Momentum remains bullish, with increasing volume.
🔹 Confluence Support: The 0.618 FIB level aligns with previous demand zones, increasing the probability of a bounce.
Trading Plan:
Entry: Around the 0.618 FIB level, Price is 2.65
🔹 Targets: TP at 2.88
🔹 Stop-Loss: Below structure 0.5 FIB level, Price is 2.6
What do you think? Will #XRP respect the AB=CD pattern and continue higher? Drop your thoughts in the comments!
Like & Follow for more high-probability trade setups!
Cardano - The Historic Rally Of +700%!Cardano ( CRYPTO:ADAUSD ) perfectly repeats the previous cycle:
Click chart above to see the detailed analysis👆🏻
Cardano perfectly retested a major horizontal support in the beginning of 2023. Recently we then saw the break above the neckline of the double bottom formation and a rally of about +400%. Cardano is clearly repeating the cycle of 2021 and a potential rally of another +700%.
Levels to watch: $0.7, $6.0
Keep your long term vision,
Philip (BasicTrading)
ETH Breakout Incoming? Bullish Trend Confirmation! Market Update:
CRYPTOCAP:ETH has been consolidating in an accumulation phase after a strong bearish trend on the 4-hour timeframe. This phase often indicates that smart money is positioning for the next big move!
Key Levels to Watch:
🔹 Resistance Level: 2920
🔹 Support Level: 2500
Bullish Confirmation Strategy:
🔹 Breakout of the accumulation phase
🔹 Break of the resistance level
🔹 A 4H candle closure above resistance
Trade Setup:
Once these confirmations are in place, we can anticipate a strong bullish rally. I'll be looking for long entries with proper risk management and a favorable risk-to-reward ratio.
What’s Your Take?
Will #ETH break out, or will bears take control again? Drop your thoughts in the comments!
#ETH #Crypto #Trading #Breakout #CryptoTrading
Long S/USDT (h4-d1). x3-4 probably.Long Sonic on H4-D1.
Entry : current level or limit order @ 0.48
TP : 1.5 and 2
Exit : confirmation on D1 below 0.38 (2nd test on Feb,8 of local lows)
FA:
Sonic - EVM L1-chain with high performance (10k TPS with subsec finality)
Previously it was Fantom but recently rebranded.
CTO - Andre Cronje.
Trades on all major CEX.
Top-21 among Chains (Defillama) by TVL - $393mln
1/ Strategic angel investors: Michael (Curve), Stani (Aave), Robert (Compound), Tarun (Gauntlet), and Sam (FRAX), as well as our venture partners Hashed, Signum Capital, and UOB Venture Management (source: soniclabs).
2/ FDV = MCap!!!
3/ Massive airdrop on June around $100mln (current TVL - $393mln, so it's 25% profit on you locked capital if the price remains the same)
4/ 90%-revenue sharing with dApps built on Sonic
TA:
1/ EMA21 and 55 cross on H4
2/ strong bounce on high volume above PoC and MA-cross
3/ capitulation on Feb,3 (weak hands shakeout)
Can repeat that SUI did.
Bullish Breakout for Sonic – Ideal Entry Levels to Watch!SET:SONIC (previously FTM) has broken above $0.733, confirming bullish momentum. However, a short-term pullback toward $0.645 - $0.618 could offer a better entry before the next move higher.
If support holds, the price may target $0.85 - $1.00, while a drop below $0.55 could weaken the bullish outlook. Patience is key for an optimal risk-reward setup.
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.
#LINK $ $ #Chainlink $ 14''Ecosystem $ #Cryptocurrencies #link#LINK A technical analysis review that can be considered a leading reference to the change in ''Current market structure and crypto cycle''. The target price tags on the #LINK chart are my crypto exit plan. In this regard, we are in the 5th wave leg that supports the last rise, we will follow possible price movements.
Wave2 Nearing Completion: Bullish Momentum for Internet ComputerWave 2 Analysis
Wave structure analysis suggests that ICP has been following a five-wave impulse pattern. The first wave began in December after ICP hit a low of $2.70 in September. By March, ICP surged to a high of $21, marking the end of the first wave. The second wave, which is a corrective wave, saw ICP retracing to the 0.786 Fibonacci retracement level of $6.58 by July. This level has been retested multiple times, indicating strong support.
Current Market Sentiment
The recent price movements show that ICP has been trading sideways, forming an ascending triangle pattern. This pattern is typically a bullish continuation pattern, suggesting that the price might break out upwards. The Relative Strength Index (RSI) indicates that ICP is not overbought, providing room for further upward movement.
AI Narrative and Decentralized Cloud
The AI narrative and the shift towards decentralized cloud solutions are significant factors contributing to the bullish outlook for ICP. Centralized cloud providers like AWS, Microsoft Azure, and Google Cloud dominate the market, but they also pose challenges such as high costs, regulatory issues, and susceptibility to political pressures. Decentralized alternatives like Internet Computer aim to democratize cloud infrastructure, reducing reliance on centralized entities and fostering innovation.
Conclusion
Given the wave structure analysis, strong support levels, and the growing narrative around AI and decentralized cloud solutions, ICP is poised for a potential bullish breakout. If the price breaks above the ascending resistance, it could mark the beginning of the third wave in the five-wave impulse pattern, leading to significant price appreciation.
BTC Bullish Continuation (Another Top OR New Prominent High?)BTC price seems to exhibit signs of overall bullish continuation as the price action may form a credible Higher Low on key Fibonacci and Support levels.
There might be a possibility that BTC may break it's All Time High Price of 109588. It might be worth observing price the action further if 109588 breaks. A potential break may be indicative of another top OR new prominent high (if the range considerably breaks).
Trade Plan :
Entry @ 97389.73
Stop Loss @ 87000
TP 1 @ 107779.46 (Before All Time High)
TP 1.5 - 2 @ 112975 - 118169.19 (After All Time High)
Ride Further with Caution if TP1 hits and move Stop Loss to Break Even if TP1 hits as well.
#SUNDOGUSDT remains in a strong uptrend📈 LONG BYBIT:SUNDOGUSDT.P from $0.04070
🛡 Stop Loss: $0.04013
⏱ 15M Timeframe
✅ Overview:
➡️ BYBIT:SUNDOGUSDT.P is showing strong bullish momentum after breaking out of a consolidation zone. The price is holding above the key $0.04070 level.
➡️ The highest liquidity area (POC) is at $0.03527, confirming strong buyer interest and support for the current trend.
➡️ A volume spike in recent candles suggests increased buying activity, increasing the probability of reaching target levels.
➡️ If the price breaks the $0.04150 resistance, the uptrend could accelerate towards higher levels.
⚡ Plan:
➡️ Enter long from $0.04070 upon confirmation of breakout.
➡️ Risk management with Stop-Loss at $0.04013, placed below the nearest support level.
🎯 TP Targets:
💎 TP1: $0.04150
🔥 TP2: $0.04205
🚀 BYBIT:SUNDOGUSDT.P remains in a strong uptrend, and a breakout above $0.04150 could lead to further gains.
#BTCUSDT: The Turning Point is Near! Will the Market Crash or Re🚀 BYBIT:BTCUSDT.P has entered a critical zone! After a prolonged uptrend, the asset formed a "Rising Wedge" pattern and tested resistance twice (Top 2), indicating a potential trend exhaustion.
━━━━━━━━━━━━━━━━━━━━
🔥 Market Overview for BYBIT:BTCUSDT.P
✔️ The Volume Profile shows that the current range is below the Point of Control (POC), meaning the main liquidity zone (where the highest trading volume occurred) remains above the current price.
✔️ BYBIT:BTCUSDT.P is currently trading within a consolidation zone after a notable short-driven drop.
🟢 The price has already broken below the wedge’s lower boundary, which is historically a bearish signal. However, the market is still holding above a key liquidity level (POC: 96,125.2).
🟢 If BYBIT:BTCUSDT.P continues consolidating without reclaiming lost levels, altcoins will likely face selling pressure or stagnation.
🟢 If BYBIT:BTCUSDT.P recovers above the critical horizontal volume level (POC), this could trigger a market-wide rebound and push altcoins higher.
🔥 Technical Outlook
✔️ A 10–15% correction is common for Bitcoin before it enters a consolidation phase. If no major negative news emerges and there is no aggressive short squeeze, the market may stabilize and attempt a recovery.
✔️ However, if BYBIT:BTCUSDT.P starts trading significantly below key levels (e.g., drops under $90,000 or $85,000), this could signal a deeper correction phase.
💡 Key Market Factors at Play:
✔️ Current Price: $95,901
✔️ Volume: 19.64K BYBIT:BTCUSDT.P – moderate but not extreme, indicating possible market indecision.
✔️ Key POC Level: 96,125.2 – the point of highest volume, which may determine the next direction.
🔥 General Market Sentiment
✔️ If BYBIT:BTCUSDT.P continues its downtrend, most altcoins will follow. In this case, it makes sense to look for buy opportunities at support levels when bounce signals appear.
✔️ Pay attention to key support and resistance levels for BYBIT:BTCUSDT.P . If BYBIT:BTCUSDT.P finds strong support, this could trigger a broader altcoin recovery.
🔥 Technical Indicators:
📉 RSI (Relative Strength Index): If RSI for most assets approaches oversold territory, short-term bounces may occur. This could present good buying opportunities.
🔥 What’s Happening with BYBIT:BTCUSDT.P ?
📌 Breaking the Rising Wedge – a strong bearish signal for further downside.
📌 Support at 96,125.2 is holding for now, but selling pressure remains strong.
📌 Projected downside target: $68,000 - $48,000 if the breakdown is confirmed.
📌 Alternative scenario: A move back above $100,000, which could lead to renewed bullish momentum.
🔥 Action Plan for Buying:
✔️ Short-term: Look to buy during dips, focusing on support levels close to recent lows.
✔️ Mid-term : Use a dollar-cost averaging strategy if a larger recovery is expected, while managing risk as the market stabilizes.
✔️ Long-term : Wait for clear signs of recovery on charts and macroeconomic conditions before making bigger moves.
📉 Bearish Scenario (Primary Outlook): Further Decline Expected
If BYBIT:BTCUSDT.P stays below $95,000 - $96,000, expect an accelerated downtrend:
✅ Target 1: $88,000 – first major support zone.
✅ Target 2: $72,000 – level where the market may seek balance.
✅ Target 3: $48,000 – critical zone, where BYBIT:BTCUSDT.P may form a bottom.
✔️ If BYBIT:BTCUSDT.P breaks $95,000, short remains the main scenario.
✔️ Confirmation: Increasing volume on the sell-off.
✔️ Caution with longs – no clear reversal signals yet.
📈 Bullish Scenario (Alternative): Reversal Possible
If BYBIT:BTCUSDT.P holds above $96,000 - $97,000 and breaks $100,000, a bullish continuation is possible:
✅ Target 1: $104,000 – nearest resistance.
✅ Target 2: $110,000 – major liquidity zone.
✅ Target 3: $120,000+ – potential new highs.
✔️ Long positions should only be considered if BYBIT:BTCUSDT.P confidently holds above $100,000.
✔️ Confirmation: Sharp increase in volume and a strong bounce off support.
⚡ Final Thoughts:
✔️ The drop from $107,673 to $96,150 over the past months suggests a mix between a local correction and the potential start of a deeper downtrend. The next move will largely depend on whether BYBIT:BTCUSDT.P can hold above key support levels and reclaim major liquidity zones (~$100,000–101,000), turning them from resistance back into support.
⚡ Critical Moment for BYBIT:BTCUSDT.P !
✔️ BYBIT:BTCUSDT.P is sitting at its final major support zone – the coming days will determine its fate.
✔️ Sellers remain in control, but the market still has a chance to regain strength.
✔️ A break below $95,000 could accelerate the drop, while a move back above $100,000 could reignite the bull run.
🚀 A major move is coming for BYBIT:BTCUSDT.P – stay ready! 🔥
#AGLD Ready for a Major Breakout? Accumulation Phase Ending!🔹 Trend Overview: After a prolonged downtrend, #AGLD has entered a strong accumulation phase, signaling a potential trend reversal.
🔹 Key Levels to Watch:
Resistance: 1.4
Support: 0.865
🔹 Trading Plan:
We are watching for a breakout above resistance to confirm an uptrend. If volume supports the move, it could trigger a strong rally.
🔹 Confluence Factors:
Fibonacci Levels Aligned
Volume Increasing
RSI Showing Bullish Divergence
🔹 Trade Setup:
Long above 1.4
Stop Loss: 0.865
Targets: 2.18 & 3
🔹 What do you think? Will #AGLD break out or fake out? Drop your thoughts below!
🔹 Follow for more real-time setups & market insights!