TradeCityPro | Bitcoin Daily Analysis #97👋 Welcome to TradeCity Pro!
Let’s go over the Bitcoin analysis and key crypto indices. As usual, I’ll be reviewing the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see, a Double Bottom pattern activated yesterday, and the price has returned to the 106422 zone.
✔️ We previously had a support at 102882, but since the price wasn’t respecting it consistently, I’ve removed it. If price shows solid support there again, I’ll reintroduce the level.
🔍 Currently, the first trigger for a long position is 106422. This is a highly critical level and represents the main resistance for Bitcoin. If it breaks, there’s a strong chance for a sharp upward move.
✨ The first support in the way is 104800, which isn’t very strong. If a correction occurs, this level is likely to break. The main support remains at 101628.
📈 A break below 101628 would confirm a bearish reversal, and we could even consider opening a short position. The next support below that would be at 99225.
📊 Market volume has significantly increased over the past few days. This spike in volume suggests that a sharp move is likely. Using our trigger levels, we’ll be able to determine whether it’s an upward or downward breakout.
👑 BTC.D Analysis
Bitcoin dominance is still below the 64.04 zone and appears to be consolidating.
💥 The 64.04 level is highly sensitive. A breakout would signal a bullish shift in dominance, while a rejection would suggest the downtrend will resume.
⚡️ We’ll get confirmation of further downside if 63.71 breaks. Below that, the next support levels are at 63.30 and 62.65.
📅 Total2 Analysis
Yesterday, Total2 reacted to the 1.16 support and moved upward to 1.20.
💫 A break above 1.20 today would confirm bullish continuation. A drop below 1.16, however, would confirm the continuation of a broader correction.
📅 USDT.D Analysis
Yesterday, the 4.70 level was faked out, and the chart fell back into the range box.
🎲 I believe the chances of breaking below the range bottom have increased. Key bearish triggers are at 4.57 and 4.51. On the flip side, another break above 4.70 would confirm renewed bullish momentum for USDT dominance.
❌ 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.
TCP
TradeCityPro | S: Trendline Break Signals Key Support Retest👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the S coin—one of the Layer 1 coins for the Sonic network.
💥 This coin currently holds a market cap of $1.43 billion and ranks 58th on CoinMarketCap.
⏳ 1-Hour Timeframe
On the 4-hour chart, as you can see, there’s a large range box between the 0.3939 and 0.6147 levels where price has been moving sideways.
🔍 A key support zone also exists between 0.45 and 0.46, which has received strong bullish reactions, pushing the price upward toward the 0.6147 top via a trendline.
✔️ Currently, this trendline has been broken, and a new support level has formed at 0.4888, which has been tested several times.
✨ If this 0.4888 level breaks, a short position targeting the 0.45 zone and 0.3939 becomes viable.
📈 For a long position, the first trigger is the 0.5266 level. A breakout here would confirm support at 0.4888 and open the path toward the 0.6147 resistance.
🎲 The RSI oscillator is hovering near the 50 level. A sustained move above this could increase the likelihood of the bullish scenario playing out.
📝 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! ❤️
TradeCityPro | INJUSDT Best Position Among Altcoins! 👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze one of my favorite coins in the cryptocurrency space, INJ, which is showing strong potential. We’ll check the new entry triggers together.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
On the weekly time frame, I see that the seventh period is stable, INJ, and compared to the majority of altcoins that have their own low price levels, it is in a better space and is engaged in its own supports!
After breaking the primary trend ceiling, namely 9.28, we experienced a sharp upward movement and formed a historical ceiling at $53, and after forming a distribution box and breaking the important floor of 16.20 and pulling back to it, we experienced a continued decline.
Currently, we’ve bounced from the key support at 6.54 and experienced a 90% move, which highlights the importance of this resistance. If we form a higher low above 6.54, the 13.54 trigger will be excellent for a spot buy, and I’ll personally add another buy position at that level.
📉 Daily Time Frame
On the daily time frame, our trend is completely bearish as you can see, and the events are completely accompanied by the formation of a downward bottom and top, but we are likely to suffer for a while.
After getting rejected from 34.16 and forming a box between 20.16 and 25.93 and losing the bottom, it made a move and then while pulling back with low volume and the next conversion to red, it became an inverted Sharpe, we experienced a decline!
After breaking the daily trendline and activating its trigger at 8.54, we saw a move and got stuck at the 10.32 resistance. After forming a higher low, we moved up to 13.76. Currently, the 13.76 trigger, and even better, 16.25, can serve as our futures long and spot long triggers, respectively. We’re still holding the position opened at 10.32.
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
TradeCityPro | Bitcoin Daily Analysis #96👋 Welcome to TradeCity Pro!
Let’s move on to the Bitcoin and major crypto index analysis. As usual, I’m going to review the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, yesterday we had a bullish move that extended up to the 106247 level.
🔍 However, as I previously mentioned, this is a very sensitive zone for price action, and we might see sharp reactions from it. That’s exactly what happened—price faced a strong rejection after reaching this level and dropped down to 102882.
📊 Market volatility is currently very high, and the risk of getting stopped out in either direction is significant. So we need to be cautious and avoid getting caught in fake moves.
💥 Personally, I recommend avoiding trades right after such volatility and waiting for a new structure to form. But if you’re planning to take a position, keep the risk very low.
⚡️ For a short position, our first trigger is a break below 101628. Alternatively, we could also enter based on how the price reacts to 102882.
📈 For a long position, we currently have no clear setup until price structure forms. The only long triggers I can give for now are the breakouts of 104800 and 106247.
👑 BTC.D Analysis
Bitcoin dominance has started a new uptrend and has even closed above 63.71. Given the healthy structure of this trend, if 64.04 breaks, we can confirm a full bullish breakout for BTC.D.
💫 If BTC dominance continues rising while the market moves up, Bitcoin will likely outperform most altcoins.
📅 Total2 Analysis
Looking at Total2, the 1.17 support broke yesterday, and now this index is set up for further downside correction. For now, it seems the market is in a decision-making phase.
🧲 If we get a lower low and lower high below 1.17, the chance of a move toward 1.1 increases significantly.
📅 USDT.D Analysis
Now for USDT dominance—yesterday it faked out the 4.60 level twice and is currently holding above 4.70, heading toward 4.82.
🧩 If this move turns out to be a fake and price stabilizes below 4.70 again, it would give us a strong signal for a bullish market and a bearish turn for USDT dominance.
❌ 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 | IOTA: Testing Key Resistance in RWA-DePIN Rally👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the IOTA coin for you. This project is one of the RWA and DePIN-based initiatives and is among the older projects in this category.
✔️ The coin has a market cap of $822 million and ranks 85th on CoinMarketCap.
📅 Daily Timeframe
As you can see on the daily timeframe, after finding support at 0.1547, the price initiated a bullish leg and moved up to the resistance zone I’ve marked.
💥 This area is a very significant resistance zone, and in this bullish leg, the price has reached it for the first time and got rejected.
🔍 In my view, as long as the price hasn’t confirmed a breakout above 0.1960, the chance of starting a downtrend is higher than continuing the current uptrend. If this resistance zone is broken, we can consider it strong confirmation of buyer strength.
📈 For a long position, we can enter on the breakout of this same zone. For spot buying, this trigger can also be used, but the main long-term triggers are 0.3774 and 0.4918.
⚡️ On the RSI oscillator, there's an important zone at the 50 level. If this level is broken, the probability of breaking 0.1960 increases. If that happens, the next support zone will be 0.1547.
📊 Make sure to pay close attention to volume. If any of our triggers are activated without volume confirmation, the likelihood of a fake breakout 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 | Deep Search: In-Depth Of ATOM👋 Welcome to TradeCity Pro!
Today we have a deep research analysis of the ATOM project, and in this report, I’m going to review the project completely. Let’s first go over the project’s fundamentals and then analyze the ATOM chart technically.
🌌 What Is Cosmos?
Cosmos is a blockchain ecosystem designed to solve major challenges in the blockchain industry, such as low speed, high cost, lack of scalability, and the environmental impact of proof-of-work algorithms like Bitcoin. Cosmos enables cross-chain interaction (interoperability) by connecting independent blockchains through a protocol called Inter-Blockchain Communication (IBC).
Cosmos aims to simplify the development of blockchains and decentralized applications (dApps) using a modular framework known as Cosmos SDK, which makes it easier for developers to build blockchain networks.
🛠 How Does Cosmos Work?
The Cosmos network is composed of three main layers:
Application Layer: Handles transaction processing and updates the network state
Networking Layer: Manages communication between blockchains and their transactions
Consensus Layer: Establishes the final state of the blockchain using a consensus algorithm
At the core of this structure is the Tendermint BFT engine, which enables developers to build custom proof-of-stake (PoS) blockchains without coding from scratch.
🔗 Cosmos Hub and Zones
Cosmos Hub was the first blockchain created within the Cosmos network and serves as a central hub for other blockchains—called zones.
These zones are independent blockchains that can interact through Cosmos Hub.
Validators on Cosmos Hub are responsible for maintaining consensus across all zones and are compensated with transaction fees.
The native token of the network, ATOM, is used for transaction fees, governance participation, and staking.
🎯 Key Features of Cosmos
Interoperability: IBC allows blockchains to interact directly
High Scalability: Blockchains run in parallel without overloading a single chain
Ease of Blockchain Development: Cosmos SDK lets developers build customized networks
Decentralized Governance: Users participate in governance by staking ATOM
💡 Interchain Accounts Upgrade
In February 2022, the Interchain Foundation introduced the Interchain Accounts upgrade, allowing blockchains to control accounts on other chains. This enables remote actions like staking, voting, token swapping, and more—without needing full network upgrades.
This significantly enhances interoperability and composability within the IBC ecosystem.
👥 Founders of Cosmos
Jae Kwon
Zarko Milosevic
Ethan Buchman
Cosmos was initially developed by Tendermint Inc. In 2020, Jae Kwon stepped down as CEO and was replaced by Peng Zhong.
🔐 Network Security
Cosmos uses a proof-of-stake consensus algorithm with Byzantine Fault Tolerance (Tendermint BFT):
Validators are selected based on staked ATOM
Malicious behavior results in slashing (loss of tokens)
Rewards are distributed proportionally among validators and their delegators
📍 Where Can You Buy ATOM?
ATOM is available on most major exchanges, including:
Binance
Coinbase
OKX
Kraken
📈 ATOM Token Information
📊 Initial Token Distribution
In 2017, Cosmos raised approximately $16 million through public and private sales. The initial token distribution was as follows:
Public Fundraise:
Share: 44.1%
Unlocked: 35.6%
Block Rewards:
Share: 39.5%
Unlocked: 31.7%
Strategic Investors:
Share: 7.03%
Unlocked: Unknown (likely still locked)
All in Bits, Inc. (Tendermint):
Share: 6.53%
Unlocked: 5.26%
Interchain Foundation:
Share: 6.51%
Unlocked: 5.26%
Seed Investors:
Share: 3.31%
Unlocked: 2.67%
💰 Supply and Inflation
Initial supply: 236,198,958 ATOM
Current supply: ~292 million ATOM
Maximum supply: Unlimited
Inflation rate: Between 7% and 20%, targeting ~2/3 of total supply to be staked
The inflation rate is dynamically adjusted to incentivize staking. If the staking ratio drops below the target, inflation increases, and vice versa.
🔐 Staking and Rewards
Unbonding period: 21 days
Annual reward rate (APR): Between 14% and 20%, depending on network conditions and staking service provider
By staking ATOM, users help secure the network and earn rewards funded through inflation and transaction fees.
🧾 Economic Mechanisms
Burning: If a governance proposal is vetoed, the deposited tokens are burned
Slashing: Validators engaging in malicious or negligent behavior lose part of their staked tokens
🧠 ATOM Tokenomics Models: 1.0 vs 2.0
Recent analysis reveals different impacts of tokenomics models on network sustainability:
ATOM 1.0 with a 10% inflation cap has shown a 10% improvement in token price and treasury health
ATOM 2.0 suffers from stability issues and is often replaced by ATOM 1.0 to maintain network security
Community Treasury in ATOM 1.0: May face depletion within ~24 months due to limited token supply
🔚 Conclusion
Cosmos represents a significant advancement in blockchain infrastructure by addressing some of the core limitations of earlier networks—most notably, interoperability, scalability, and developer accessibility. Through its modular architecture, innovative Tendermint consensus engine, and the IBC protocol, Cosmos has laid the foundation for a truly interconnected web of blockchains.
The network’s native token, ATOM, not only fuels this ecosystem through staking and governance but also underpins its dynamic economic model. While challenges remain—especially around inflation control and treasury sustainability—Cosmos continues to evolve as a leading force in the multichain future of decentralized technologies.
Now that we’ve reviewed the project, let’s move on to the chart for a technical analysis.
📅 Weekly Timeframe
In the weekly timeframe, as you can see, the price has formed a support bottom at the 3.812 level and has tested it multiple times.
✨ This support is very important because if it’s lost, the price could move down toward the 1.863 bottom.
💥 On the other hand, if the price is supported at this level, a bullish cycle could begin. The resistance levels ahead are 6.602 and 10.135.
🔍 The 6.602 zone isn’t very strong, and if the price gets rejected there, it signals that sellers are much stronger than buyers.
✔️ But if the price breaks through this level and moves upward, the 10.135 zone becomes very significant, because if that level is broken, a Double Bottom pattern will be activated and we can get confirmation of a trend reversal.
💫 If this pattern is confirmed, the first target will be 15.704.
📊 Right now, it’s better to pay attention to oscillators like volume and RSI. Volume is currently decreasing, and we need to wait for volume confirmation alongside price movement. If the price starts to move with volume convergence, the likelihood of continuation increases.
🔔 The RSI oscillator also has a small bullish divergence with price. The reason it’s considered small is that the price made an equal low while the RSI made a higher low. If RSI makes a new higher low again, we may start to see the effect of the divergence in the chart.
🎲 A breakout above the 50 level on RSI could also be a confirmation of bullish momentum.
📅 Daily Timeframe
In the daily timeframe, we can see more details of the price action.
🧩 As observed, the price has formed a range box between 3.989 and 5.380, and within this range, RSI has shown a strong divergence.
📈 I think if RSI doesn’t stabilize below the 50 level, and if the price sets a new higher low above 4.588, the chance of breaking the 5.380 resistance on the next test will be much higher.
🔑 If 5.380 is broken, the price could rally to 7.514. The next target after that would be 10.135, a level I also emphasized in the weekly timeframe.
🔽 For a bearish scenario and short positions, the first trigger is a break below 4.588, which can act as a lead-in to a possible break of 3.989. The main short trigger will be the confirmed break of 3.989.
❌ 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 | Bitcoin Daily Analysis #95👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and key crypto market indicators. As usual, I’ll break down the triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see on the 1-hour chart, yesterday the price bounced from the 102882 level and is now moving toward 104204.
🔍 I mentioned yesterday that if the price prints a higher low above 101628, we could open a position on a breakout of 104204. That scenario played out, and now that the price has risen from 102882, we’re approaching 104204. So, a breakout above 104204 is a long trigger.
📈 The next long trigger is at 104800, and breaking that level could push the price toward the main resistance at 106247.
💥 For a short position and bearish confirmation, ideally, we’d want to see a lower high below 104204. If that happens, a break below 102882 becomes a valid short trigger.
🔽 The main short trigger and confirmation of a bearish reversal would come with a break of 101628.
📊 Keep an eye on volume—if volume increases as the price approaches any of these levels, the chances of a breakout increase significantly.
👑 BTC.D Analysis
Bitcoin Dominance moved slightly higher yesterday but got rejected from 63.71 and failed to reach 63.95.
✨ Currently, BTC.D is heading toward 63.30. If this level breaks, it could trigger a new bearish leg down toward 62.65 and 62.07.
📅 Total2 Analysis
Looking at Total2, this index couldn’t hold below 1.17 yesterday and bounced, currently reaching 1.19.
✔️ If the price holds above 1.19, that would be the first confirmation of bullish momentum. However, this move might also just be a pullback to 1.19—so if price gets rejected here, a break of 1.17 becomes the next short entry.
📅 USDT.D Analysis
Tether Dominance was rejected from 4.70 and may be heading back toward the 4.51 support.
🧩 A break below 4.60 could give us an early bearish signal. The main short trigger remains the 4.51 level.
❌ 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 | Bitcoin Daily Analysis #94👋 Welcome to TradeCity Pro!
Let’s go over the Bitcoin analysis and major crypto indexes. As usual, I’ll cover the New York futures session triggers for you.
⏳ 1-Hour Timeframe
As you can see, yesterday the price was rejected from the 104204 level and formed a lower high compared to 104800. Currently, there's a strong chance the short trigger will activate, so let’s review those triggers.
🔽 For a short position, the area where the price is currently consolidating—102882—is a suitable trigger. If this level breaks, the price could drop to 101628.
📊 One note about this trigger: the zone between 102882 and 101628 is a major support range. Every time the price has entered it, it’s formed long wicks and exited with strong bullish candles.
✨ So, if we enter a position based on this trigger, the volatility of the candles increases the chance of getting stopped out. On the other hand, using a large stop loss isn’t ideal either, since these trades go against the main trend and work better with a tight stop to hit the target faster.
💥 The next trigger is the break of 101628, which seems more reasonable. Breaking this level confirms a deeper correction and opens the path toward levels like 99225.
✔️ For a long position, if the price prints a higher low above 101628, we can confirm a bullish bias with the break of 104204. A higher low indicates strong bullish momentum, allowing us to use a slightly riskier trigger.
⚡️ However, if the price falls to the bottom of the box and then returns to the top, the main long trigger becomes a breakout above 104800.
🔍 Today, most of the market volume is on the sell side, and red candles are getting solid volume, so a correction to the box bottom seems likely. Either way, we have to wait for the triggers to activate.
👑 BTC.D Analysis
Bitcoin Dominance continues its bullish move after breaking the descending trendline. Yesterday, it printed a higher low and broke 63.30, reaching 63.61, and is now consolidating below that level.
🔔 If this level is broken too, we’ll have the first confirmation of a trend reversal in dominance. Full confirmation will come after BTC.D holds above 63.95.
📅 Total2 Analysis
Let’s move to Total2. Yesterday, the 1.19 trigger activated, and the price dropped to 1.17. The reaction to 1.18 wasn’t strong or clean, so I’ve adjusted the support level to 1.17.
📉 Today, we can open a short position if 1.17 is broken. For a long, if the price moves above 1.19, we can go long on altcoins that trigger accordingly.
📅 USDT.D Analysis
Now looking at Tether Dominance. Yesterday, it reacted to 4.70 and is now forming a higher low, heading back toward that level.
☘️ I see strong bullish momentum on the chart, and I believe the probability of breaking 4.70 is high. If it breaks, USDT.D could move up to 4.82.
❌ 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 | SOL: Key Retest at Support Before Next Breakout👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the SOL coin—one of the most requested assets and a very popular project in the crypto space.
✔️ This coin holds a market cap of $3.61 billion and is ranked 6th on CoinMarketCap.
⏳ 4-Hour Timeframe
As you can see, a bullish leg started from the 142.25 support and extended up to the 177.51 resistance.
🔍 Currently, after a fake breakout of 177.51 and a rejection from 183.86, the price has dropped back below 177.51 and formed a support level around 166.82.
📈 So far, the price has tested the 166.82 level twice and shown a strong bullish reaction. Recently, a powerful support candle has formed at this level, suggesting it’s being defended.
💥 If the price can move back toward the upper levels, a breakout of either 177.51 or 183.86 would provide a long entry trigger. If a higher low and higher high form before the breakout of 177.51, the trigger becomes even more reliable.
📊 Market volume has declined since the upward move ended. If volume increases as price rises again, it would provide a volume confirmation.
🔽 For a short position, the 166.82 level serves as a valid trigger. In my view, it’s a strong enough level to justify opening a short. The next major support below lies at 142.25.
❌ 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 | Bitcoin Daily Analysis #93👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and key crypto indices. As usual, in this analysis, I’ll go over the triggers for the New York futures session.
⏳ 1-Hour Timeframe
Yesterday I mentioned the 102882 trigger for opening a position. The price made a bullish leg upward but failed to reach the 104866 resistance and is now moving back down.
🔍 If a lower high is formed compared to 104866 and the price approaches the 101628 support, we can open a position upon a breakdown of that level.
✨ The RSI oscillator is moving below the 50 zone, and with the selling volume coming into the market, the likelihood of forming a lower high than 104866 increases.
💥 Confirmation for a short position on the 101628 break could come from RSI entering the Oversold zone. Volume must also rise significantly, as the overall trend is still bullish, making short positions very risky. If you open one, make sure to secure profits quickly.
📈 For a long position, our trigger is still the 104866 breakout—no major change from previous days. The main resistance remains at 106247.
👑 BTC.D Analysis
Bitcoin dominance continued its upward movement to 63.30 yesterday and is now moving downward again. A breakdown of 62.65 would confirm the continuation of the downtrend in dominance.
🔼 For BTC.D to turn bullish again, it needs to break above 63.30 and could start another bullish leg if that happens.
📅 Total2 Analysis
This index didn’t move much higher yesterday due to the rise in Bitcoin dominance. It failed to reach its previous highs and is now near the 1.19 support.
📊 We can define a key support zone between 1.18 and 1.19. A breakdown of this zone could signal the start of a deeper correction.
📅 USDT.D Analysis
A range has formed between 4.51 and 4.69, and this index is consolidating within it.
🔑 A breakout in either direction could give us a trade setup. Breaking above 4.69 confirms a bullish move, while breaking below 4.51 signals a bearish trend and potential market rally.
❌ 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 | CAKE: Triangle Squeeze Nears Breakout Decision👋 Welcome to TradeCity Pro!
In this analysis, I want to review the CAKE coin for you. This project is one of the crypto DEXs that operates on the BNB network and is among the most popular projects on that chain.
💫 This project’s token, CAKE, has a market cap of $747 million and ranks 95th on CoinMarketCap.
📅 Daily Timeframe
As you can see in the daily timeframe, a symmetrical triangle has formed, and the price is moving near the end of this triangle.
💥 Personally, I don’t trade when the price is in this area of the triangle and prefer to wait for the triangle to break, because there’s a high chance of random volatility that can cause missed opportunities due to incorrect entries.
✅ I recommend that you also wait for a breakout from this triangle and open a position only after it breaks—whether to the upside or downside.
✨ For a long position, you can enter after a breakout above 2.5. The main trigger will be the 2.847 zone. An RSI move into the Overbuy zone would also be a great confirmation for this position.
🔽 For a short position, our first trigger is the 1.909 level. If this level is broken, the price could start a downtrend toward 1.461. The main confirmation of a bearish trend will be a breakdown below 1.461.
📊 In any case, whichever trigger gets activated, I believe volume confirmation is essential. If volume increases along with price movement, the likelihood of that move being a fakeout decreases.
📝 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! ❤️
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! ❤️
TradeCityPro | VETUSDT The Best Entry Opportunity Awaits👋 Welcome to TradeCityPro Channel!
Let’s dive in and analyze one of the veteran coins in the cryptocurrency space, VET, which has a high potential for movement. Together, we’ll identify its entry triggers.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Time Frame
In the weekly time frame, VET is one of the coins that’s in a relatively good position compared to other altcoins. While most altcoins have recorded new lows, VET has never lost the 0.01430 level!
After being supported at 0.01922 and closing a green weekly candle, we experienced an upward move. Currently, we’re stuck at the resistance of 0.03176, and it seems we’re pulling back to this resistance.
📉 Daily Time Frame
In the daily time frame, after an upward wave that didn’t quite reach the 0.09 resistance, a fake candle occurred, and we entered a box between 0.04197 and 0.05253. Seller presence and a rejection from the middle of the box led to losing the 0.04197 support.
After breaking this support, we experienced a sharp decline. When we reached the 0.01925 support, the bearish momentum hit its lowest point, and we saw reactions from buyers, leading to an upward move.
Currently, we’re below the key resistance at **0.03233**. After breaking this level, we can expect a sharp upward move. You can take a position in both **futures and spot**, with the safest stop loss for your buy at 0.01925
✍️ Final Thoughts
Stay level headed, trade with precision, and let’s capitalize on the market’s top opportunities!
This is our analysis, not financial advice always do your own research.
What do you think? Share your ideas below and pass this along to friends! ❤️
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! ❤️
TradeCityPro | Bitcoin Daily Analysis #90👋 Welcome to TradeCity Pro!
Let’s dive into Bitcoin and major crypto indices analysis. As usual, I’ll walk you through the key triggers for the New York futures session.
⏳ 1-Hour Timeframe
As you can see, the price has found support at the 101,628 level and is now moving back up toward the 104,866 resistance.
⭐ The first trigger for a long position was the breakout of 102,882, which confirmed the activation of a double bottom pattern and could’ve been a good entry point for a long.
✔️ The next key triggers are at 104,866 and 106,247. If you don’t already have a position open, you can enter on a breakout above these levels—but keep in mind it’s risky since there’s a strong supply zone nearby.
💥 From the RSI oscillator, a breakout above 57.41 can serve as confirmation of bullish momentum. In that case, you can take on more risk in long positions.
📉 For short positions, the first trigger is the breakdown of 101,628. If the price sets a lower high below 104,866, you can consider entering a short on the break of 101,628.
👑 BTC.D Analysis
Moving on to Bitcoin dominance—yesterday, dominance made a fakeout to the downside but came back above 62.65.
⚡️ To continue its downtrend, we can use 62.65 as the bearish trigger again. For a bullish confirmation, the next trigger is a breakout above 63.61.
📅 Total2 Analysis
Total2 had a pullback to 1.18 and is now heading back toward 1.24.
✨ We’ll confirm bullish continuation on a breakout above 1.24, and this can be used as a trigger for long positions.
🔽 For shorts, if the price prints a lower high under 1.24, a risky short could be considered on a breakdown below 1.18.
📅 USDT.D Analysis
Now looking at Tether dominance—like I mentioned yesterday, we were watching the 4.51 level for confirmation. That level held as support and blocked further Bitcoin upside.
🔔 Currently, a breakdown below 4.51 would confirm bearish continuation. If 4.70 breaks to the upside instead, we get confirmation of a deeper market correction.
❌ 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 | STX: Watching Triangle Breakout and RSI Reaction👋 Welcome to TradeCity Pro!
In this analysis, I’m going to review the STX coin, which belongs to the Stacks project—a Layer 2 solution for Bitcoin.
🔍 STX, with a market cap of $1.45 billion, is currently ranked 59 on CoinMarketCap.
🔄 In the previous analysis, I drew an expanding triangle and mentioned that if this triangle breaks to the upside, we can enter a long position or even make a spot purchase.
✨ The trigger for the triangle breakout was at the 0.731 level. After breaking out and pulling back to this level, the price moved up to 1.049 and is now once again in a consolidation phase.
📅 Daily Timeframe
Currently, after RSI got rejected from the 73.58 zone and exited the overbought area, the price has undergone some correction. A pullback to the 0.871 level is possible.
🧩 If a pullback or deeper correction occurs, as long as RSI remains above 50, I still consider the market momentum to be bullish and believe the price can continue moving upward.
📈 If we see a solid bullish candle confirming continuation, we can enter a long position. However, the main long trigger is the breakout of 1.049. The RSI trigger for sharper moves would also be a breakout above 73.58.
📊 The next resistance level is at 1.332. If this level breaks, the coin enters a new price zone, and we’ll need to see whether it can establish support above that area.
🔽 For a bearish scenario, we should wait for the market to form a structure and provide a valid trigger to confirm a short position. At the moment, it’s better to wait for that setup.
🔑 If the market turns bearish, the key support zones to watch are 0.731, 0.571, and 0.453, which could potentially halt further decline.
📝 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! ❤️
TradeCityPro | Bitcoin Daily Analysis #89👋 Welcome to TradeCity Pro!
Let’s dive into the Bitcoin analysis and key crypto indexes. As usual, in this analysis I’ll go over the futures triggers for the New York session.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, Bitcoin is still below the 104866 resistance level and is ranging underneath this zone.
💥 Today, an important news update came from Trump: a deal has been made between China and the U.S., and the two countries have agreed to reduce tariffs for 90 days.
✔️ The impact of this news was that Bitcoin made a wick toward 106247 but didn’t reach it, pulled back, and is now again below the 104866 area.
✨ At the moment, the 104866 level is a suitable trigger for opening a position, but be aware that there’s a significant resistance zone at 106247. Personally, I won’t open a position just on the break of 104866 because it's very close to the ATH zone, and the probability of entering a corrective phase is high.
⚡️ If a correction begins, the first support level for price is at 102391. If the RSI stabilizes below 50, the likelihood of a correction increases.
🔽 As for short positions, we should wait until the market shows a trend reversal.
👑 BTC.D Analysis
Now let’s look at Bitcoin dominance. Yesterday, the dominance chart made a slight upward correction and is now breaking below the 62.65 low.
🧩 If the downward move in dominance continues, altcoins could make another leg upward. The next support for dominance is at 62.17.
📅 Total2 Analysis
Now for the Total2 analysis. The 1.24 area, which was our long trigger, is being broken—and if it confirms, the price could rise up to 1.31.
⭐ This confirmation, along with the drop in Bitcoin dominance, could give us good long setups on altcoins.
📅 USDT.D Analysis
Now to Tether dominance. This index hasn’t triggered yet and is currently sitting at the 4.51 support. If this index also confirms a bearish move, the risk of opening long positions will be much lower.
💫 The next support level for Tether dominance is at 4.37.
❌ 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 | Bitcoin Daily Analysis #88👋 Welcome to TradeCity Pro!
Let’s dive into the analysis of Bitcoin and key crypto indexes. As usual, in this analysis I want to review the futures triggers for the New York session.
⏳ 1-Hour Timeframe
In the 1-hour timeframe, as you can see, Bitcoin has formed a slightly better structure and it seems to be undergoing a trend-aligned correction.
✔️ A trend-aligned correction happens when the market enters a corrective phase, but the sellers are so weak that they can’t even stop the price from rising during the correction, and the price gradually moves upward.
🔑 In this case, since the market is in a corrective phase, if we enter with a tight stop loss, we are likely to get stopped out due to the nature of corrections. So it's better to open positions with a wider stop loss so it doesn't get triggered easily.
📊 One thing to note on the current Bitcoin chart is that we are very close to its most important resistance at 106247. This zone is a very strong supply area, and I think breaking through it won’t be easy.
⚡️ So for now, I suggest not opening any new positions on Bitcoin and instead using dominance charts to open positions on altcoins.
📈 If you already have an open position, I recommend keeping your Bitcoin position open, because if 106247 breaks, your position could become highly profitable.
👑 BTC.D Analysis
Let’s move on to Bitcoin dominance. Yesterday, after breaking the 63.61 level, there was another downward leg down to the 62.65 area, and altcoins made another upward move.
⭐ Currently, the dominance is correcting and has risen to the 63.29 area. I think it’s going through a slight correction since its drop was sharp and needs a bit of a breather.
💥 However, if the 62.65 low gets broken, we can take it as confirmation of the next bearish leg, and if that happens, we can again open positions on altcoins.
📅 Total2 Analysis
Now to the Total2 analysis. Yesterday, this index got rejected from the 1.24 top and slightly corrected, but it hasn’t reached the 1.17 area which overlaps with the 0.236 Fibonacci level, so we still haven’t confirmed the start of a correction.
✨ In my opinion, as long as we stay above the 0.382 level, the uptrend remains strong. Only after breaking below this area will we confirm the start of a deeper correction.
🔼 For continuation of the trend, breaking above 1.24 would allow us to open positions on altcoins.
📅 USDT.D Analysis
Now to Tether dominance. This index also broke below 4.63 yesterday and dropped to 4.51, and is currently correcting.
🧩 To get confirmation from Tether dominance, a break below 4.51 would signal that we can open long positions on altcoins.
🎲 The simultaneous break of 4.51 and 1.24 could be a strong confirmation if dominance continues to decline.
❌ 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 | FARTCOIN: Watching Trendline & RSI for Next Move👋 Welcome to TradeCityPro!
In this analysis, I’m going to review the FARTCOIN token. This project is one of the meme coins that launched in 2024 and has shown good growth so far.
🔍 This meme coin currently has a market cap of $1.31 billion and ranks 65th on CoinMarketCap.
📅 Daily Timeframe
On the daily timeframe, as you can see, the price recorded a major top at the 2.16674 zone in early 2025 and then entered a correction phase.
✨ This correction phase was quite long and extended down to 0.21562, but after a bottom was formed in that area, bullish momentum returned to the coin and it started moving upward again.
✔️ Currently, the price has moved up to around the 1.53002 level and has a rising trendline that it has touched several times, serving well as a dynamic support level.
📊 For now, the issue with this trend is that the volume has significantly decreased compared to the previous leg, which could indicate weakness in the upward trend. We need to wait and see whether buying or selling volume increases in the next move — either a correction or another bullish leg — to confirm whether the trend will reverse or continue.
📈 For a long position, 1.53002 is the closest trigger to the current price. If this level is broken, the price could move toward 2.16674.
🛒 The main confirmation for a bullish continuation and a strong long position would come after the breakout of 2.16674. That’s also our trigger level for a spot buy.
🔽 To turn bearish, the key trigger is breaking the 0.63121 support. However, a riskier trigger would be breaking the trendline and activating the 1.00301 trigger. If that happens, we can consider it confirmation of the beginning of a correction.
💥 The RSI oscillator is currently forming a clean box between 50 and 70 and is now near the top of this box. If RSI enters the Overbuy zone, it would strongly confirm a long position.
📉 For a trend reversal or the start of a correction, a sustained RSI move below 50 would provide confirmation.
📝 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! ❤️
TradeCityPro | Bitcoin Daily Analysis #87👋 Welcome to TradeCity Pro!
Let’s get into the analysis of Bitcoin and major crypto indices. As usual, I’ll review the triggers for the New York Futures session.
⏳ 1-Hour Timeframe
On the 1-hour timeframe, Bitcoin moved sideways yesterday as I mentioned, and after the RSI exited the Overbuy zone, it corrected down to the 102391 area.
🔍 This was a very minor correction, mainly due to the RSI leaving the Overbuy zone. Currently, the oscillator has reset, and if it re-enters Overbuy, we can confirm the start of bullish momentum.
✨ Now the candle has closed above the 103642 area, and if the price stabilizes above this level, it could move toward the main resistance at 106247.
📊 In my opinion, the price will move toward 106247 and then enter a correction because the breakout of 103642 was accompanied by increased volume, and if this volume continues, the probability of this move increases.
📉 If the correction starts from the current level, the first support we have is 102391, and after that, there is no solid support until 99337.
🧩 The reason I’m not using Fibonacci to find support zones is that the price hasn’t confirmed the start of a correction yet, and a proper top hasn’t been formed. I’m waiting for that top and confirmation of the correction before identifying key correction levels.
✔️ For now, only these two support levels are important, and as long as the price is above 99337, the trend remains bullish.
📈 For opening a position today, the Bitcoin trigger at 103642 has been activated and is currently getting a pullback. If you get confirmation from this pullback, you can enter a position — but be careful, there's a very important resistance at 106247 and that zone is highly significant.
👑 BTC.D Analysis
Let’s move to Bitcoin dominance. Yesterday, dominance had a slight correction and pause, and today it broke the 63.61 area and is moving toward the 63.23 support.
⚡️ It seems there’s strong bearish momentum in dominance, and if it continues to drop, I believe it could easily break 63.23 and move further down.
📅 Total2 Analysis
Let’s check out Total2. Yesterday, the 1.17 trigger for this index also activated, and you could open positions on altcoins.
💥 The next resistance we currently have is the 1.22 area, and considering the drop in Bitcoin dominance, this index can easily move toward that resistance.
🔔 At the moment, I can’t give you any trigger on this index — you can only enter based on confirmation from individual coins.
📅 USDT.D Analysis
Now let’s look at Tether dominance. This index has also continued its move and after a short pause, broke below 4.65 and is moving downward.
🎲 For now, the trend in dominance is bearish, which pushes the market upward.
❌ 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 | APT: Testing Momentum After Key Breakout👋 Welcome to TradeCity Pro!
In this analysis, I want to review the APT coin for you. This coin belongs to the Aptos project, which is one of Ethereum’s Layer 2 solutions.
⚡️ APT, with a market cap of $3.6 billion, is currently ranked 32 on CoinMarketCap.
⏳ 4-Hour Timeframe
As you can see in the 4-hour timeframe, after finding support at the 4.687 zone, the price made a very sharp bullish move and reached 5.708. After an initial rejection, it has now managed to stabilize above this level.
🔍 If this bullish move continues, we could see another upward leg, with the next resistance at 6.047. If this level breaks, the price could move up to 6.752.
✔️ There’s a very important RSI ceiling at 80.76, which has consistently caused rejections after sharp upward moves. If the price aims for another bullish wave, this level will be critical and could mark the top of the move.
⭐ A breakout above this level seems unlikely for now, since 80.76 is a very high reading for the RSI oscillator, and the chance of it breaking is quite low. But if it does happen, we could see an extremely sharp and unusual move.
🔽 As for a bearish scenario and short positions, we currently need to wait for a trend reversal. If the breakout above 5.708 turns out to be fake and the price starts moving downward, we can look for a trigger in a lower timeframe to enter.
🔑 But keep in mind that short positions in these market conditions are very, very risky. And if you do open such a position, make sure to secure profits frequently with small risk-to-reward setups.
📝 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! ❤️